@HoodMarketNFTs

HoodMarket is an NFT marketplace and launchpad claiming to be built on 'Robinhood Chain' with a native $HM token.

The project launched August 2024 (account created July 2024) with 378 followers and is live on mainnet with an NFT marketplace.

However, multiple red flags emerge: 'Robinhood Chain' appears to be unofficial/community-created infrastructure rather than an official Robinhood blockchain, the project misleadingly positions itself as connected to @RobinhoodApp, and the rushed launch timeline (marketplace live, token listed on CoinGecko, NFT collection launching within days of account creation) suggests high execution risk.

Green flags: Working NFT marketplace live on mainnet with actual functionality (minting, trading, staking pools) · Low 1% mint fee competitive with established platforms · Token $HM listed on CoinGecko within days of launch · Custom staking pools feature for NFT creators

Red flags: 'Robinhood Chain' is not an official Robinhood product - misleading branding capitalizing on Robinhood name · Extremely rushed launch timeline (account created July 2024, full marketplace + token + CoinGecko listing by August 2024) · Tags @RobinhoodApp and @vladtenev suggesting false affiliation with the company · Very low follower count (378) for a project claiming major marketplace ambitions · Heavy promotional language ('make NFTs great again') with limited technical substance · Anonymous team with no credible founder/builder information visible