The app loads and connects, but the buy was untested and the reserve and 1999 claims have no support.

The NetNet app connects to Robinhood Chain and shows a live price quote, and the X account looks real and active. The agent could not complete a buy because the test wallet had 0 USDG, so games, staking and loans were never tried. The reserve backing is unconfirmed, the 'since 1999' claim is contradicted by the 3-month-old domain and token, and the top 10 wallets hold 94%.

Ask the agent Watch

Checked 2 h ago

Since the last check

The last check, 14 h ago: IFFY 50. This one: IFFY 50. See that check

The project looks the same as last time. These numbers moved:

Measured	Then	Now
Top 10 holders	94.2 %	94.1 %

Red flags1

'Since 1999' claim is contradicted
The site presents itself as a long-established reserve association, but the domain and the token are both about 3 months old.
claim source registration $NET

Watch out4

Reserve backing has no evidence
The site says each NET is backed by USDG, but no fact shows reserve holdings or confirms the backing figure.
claim source $NET
Supply is very concentrated
The top 10 wallets hold 94% of NET, though this count includes pools and lockers. Liquidity is also not burned, so it could be withdrawn unless a locker holds it.
token pool
Buy flow could not be completed
The test wallet held 0.00 USDG, so the Buy NET button stayed disabled and no transaction request reached the wallet. This shows nothing about whether the buy works.
screenshot
Games, staking and loans not tested
The agent only tried the buy tab. The staking, 8-hour distributions, games, lending and prize draw claims are unchecked.
screenshot

Checks out3

App connects on Robinhood Chain
The test wallet connected and the status bar showed Robinhood Chain 4663. The app shows a live quote of 1 NET = 164.43 USDG.
screenshot claim source
Contract is verified and has no owner
The source is verified and nobody can change the contract's rules.
token
X account looks real and active
About 19.8K followers, with none of the 200 newest sampled followers being empty accounts. Posts get a median of about 396 likes, and the site links back to the account.
@NetNetCap @NetNetCap @NetNetCap @NetNetCap

Ask the agent

Anything about $NET. ngl answers from this check, or goes back to the site and tries what you ask.

Hands-on tests

WorksConnect wallet (MetaMask) to the app
Wallet connects and shows the address
What it did:
Clicked 'Connect account', then chose MetaMask in the connect dialog.
What the site showed:
Connected: header shows 0xa954…d14a, status bar reads CONNECTED, network ROBINHOOD CHAIN · 4663.
Couldn’t testBuy NET (Instant) amount entry
Buy NET stays disabled; amount does not take input
What it did:
Filled the Amount box with 0.01 USDG (several times), clicked the 'Balance: 0.00 USDG' button and 'Max'.
What the site showed:
Amount stayed at 0. 'You receive' stayed at 0.00 NET. Balance is 0.00 USDG. The 'Buy NET' button stayed disabled. Quote shows 1 NET = 164.43 USDG · 173.08 USDG all-in with the levy.
Couldn’t testBuy NET transaction request to wallet
No buy transaction reached: zero USDG balance
What it did:
Could not reach it: Buy NET button disabled because the wallet holds 0.00 USDG and the amount field did not accept 0.01.
What the site showed:
Buy NET button disabled; no wallet signature request appeared.