2026-01-06 17:27:17

Observations on the Tria U Card Project.

Recently, this project has been increasing its KOL promotion efforts, making it worth paying attention to its background composition. The founders Vijit Katta and Parth Bhalla are both from India, and the lead investor MH Ventures also has an Indian background. This institution has also invested in well-known public chain projects such as Morph Layer, Eclipse, and others, as well as Bitsmiley Labs.

From an operational logic perspective, the approach is quite standardized. The most notable aspect is its U Card rebate mechanism—rebates are delayed until three months after TGE, which means users need to wait a considerable period to see actual returns. This design involves obvious time costs in terms of liquidity and user experience.

The high consistency between the team and the funding party backgrounds, along with these details in product design, are all key factors to consider when researching such projects.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

22 Likes

Reward
22
6
Repost
Share

Comment

0/400

gas_fee_trauma

· 01-09 17:06

Haha, the rebate only comes three months after TGE, isn't this just a disguised way to harvest users? --- Indian team + Indian VC, with such consistent backgrounds, yet still bombarding with KOLs, something feels off. --- Wait, Eclipse and Morph have both invested? That means MH isn't completely clueless, but that doesn't mean Tria is okay. --- U-card rebate delayed by three months, what if liquidity dries up in the meantime? Who promises the risk? --- Again, this standardized operation process, I've seen too many projects do the same. --- High team cohesion + product design flaws, I've seen this combination too many times. --- Heavy KOL promotion might actually be a warning sign; if the product is good, why spend so much money on advertising?

View OriginalReply0

CountdownToBroke

· 01-07 12:41

Waiting three more months to receive the rebate? This is just exploiting the system.

View OriginalReply0

CrossChainBreather

· 01-06 17:57

Another Indian team, huh? Why are they so popular lately... Waiting three months after TGE to receive rebates? Isn't this just cutting the leeks? MH Ventures has invested in so many projects, but I haven't heard of most of them... Postponing rebates is a classic move; user experience is extremely poor. KOLs promoting aggressively is just this routine; looking at their backgrounds, it's pretty obvious. Waiting three months after TGE to get your funds? Who would be that foolish? Indian team + standardized routines = the next zero-value coin? I'm still cautious about the U card thing; it doesn't seem very promising. The liquidity time cost is so high, it's truly incredible. What were they thinking with this design logic...

View OriginalReply0

ser_we_are_ngmi

· 01-06 17:56

Rebates only start three months after TGE? Who designed this? It's a blatant money grab.

View OriginalReply0

probably_nothing_anon

· 01-06 17:47

It's the Indian team and MH Ventures again; this pattern feels a bit familiar. Rebates only after three months post-TGE? Isn't this just a disguised way to freeze funds? The backgrounds of the team and investors are so consistent; it feels a bit "self-sufficient." Wait, how did the Eclipse investment turn out? Does anyone know? I usually observe projects with strong KOL promotion efforts before taking action.

View OriginalReply0

MissingSats

· 01-06 17:35

Rebates only start three months after TGE? This trick is really outrageous; users have to wait half a day to see their money.

View OriginalReply0