@Mithril_Studios

Mithril Studios is a TON-based gaming studio building three Telegram mini-apps (FarmerTON, Mithril Miner, Tokyo Command) with play-to-earn mechanics.

They claim 5+ months of daily on-chain payouts and 17,500+ players across their ecosystem.

However, the account shows an impossible creation date (June 2026, future timestamp), only 543 followers, and engagement patterns inconsistent with claimed user base.

The project emphasizes real TON rewards but lacks verifiable third-party metrics, team information, or audits.

Green flags: Claims verifiable on-chain treasury wallets with 5 months of daily payouts · Multiple live mini-apps on Telegram with working product links · Ranked on PlayToEarn global charts according to their tweets

Red flags: Account creation date shows June 2026 (impossible future timestamp - data error or manipulated) · Only 543 followers despite claiming 17,500+ active players (massive discrepancy) · No team information, no doxxed founders, completely anonymous operation · Heavy emphasis on 'earning real TON' and 'guaranteed payouts' typical of unsustainable reward models · No independent verification of payout claims or player metrics outside their own announcements