Bitcoin Forum

Requirements
- You must have more than 0.08 ETH.
- You can use Chrome or Firefox desktop browser, and MetaMask to send ether.

How to use MetaMask?
It's a chrome extension. Check their website now. You can also check cryptocompare’s tutorial. It’s very easy. Extra gas fee will be generated, but it WON’T COST ALL OF YOU SEE on the MetaMask.

How players get profit?

Step 1. Click ethcolor.io and get into the website.

Step 2. Pick a grid and chose your favorite color to draw. An empty grid will cost you 0.08 ETH. A drawn grid will cost you more ether, and each layer increase 10%. e.g. the grid in layer 2 you need to pay 0.088(0.08 * 1.1) ether to draw, and in layer 3 you need to pay 0.0968(0.08 * 1.1 * 1.1) ether and so on. Because the empty grid is on sale, you can have 10% off to draw. You ONLY NEED 0.072 ether to draw an empty grid.

Step 3. Wait for the next player to pay for drawing your grid. After that, your ROI will be 18.6%(How? Check detail as below). ONLY 1 PLAYER DRAW AFTER YOU THEN YOU GET HUGE PROFIT! THAT’S IT!

Step 4. The final stage to make your easy money. Withdraw your ether from the contract by using our website. Just do some clicks work, your ether will back to your wallet address. Remember EthColor is a decentralized game. It means that there is no 3rd party can lock your money even the dev team. Good luck!

Game rules in detail

Initially, all empty grids had been colored by the development team. Each payment you pay to draw which will send to your former player who had drawn the same grid. Your 97% will be allocated to former one and the 3% is dev fee. That is to say, your money will be paid to (n-1)th player and development team if you are the n-th player draw this grid.

Every player had drawn a grid who can get a referral link to invite their friends or other painters to join EthColor.io. The player invites someone, and the invited player can earn bonus after invitee paying. Both inviter and invitee can get 1% bonus from dev fee. Dev team only get 1% but we’re glad to sacrifice their shares to encourage more players to join.

Users are able to query their reward in smart contract and withdraw ETH at any time. However, EthColor is totally based on ethereum smart contract, so transaction fee will be an extra cost.

This game will end in 2018/12/31. At that time, players money on the contract will be sent to dev team automatically. So please don’t forget to withdraw your money on the contract. Don’t worry about the dev team will steal your money and run away because we are restricted by the smart contract code which you can check on the blockchain. Consequently, we cannot move the ether on the contract until 2018/12/31.

Rules are too complicated to understand, give me an example!

Sure. Suppose there are 3 brilliant investors, Ace, Zoe, and Dave. They discover EthColor.io and all think that is an unbelievable opportunity to make easy money.

First of all, Dave unlocks his MetaMask on the Chrome browser and get his referral link, and then he sends the link to Ace and Zoe. Ace is very excited and uses 10% off discount to send 0.072 ether to draw the location (100, 80) grid to orange color. 1%(0.0072) of this 0.072 was sent to Dave because he is the referrer of Ace. And another 1%(0.0072) is sent to Ace himself because he uses a referral link.

Zoe also clicks Dave's referral link and saw an orange spot on the EthColor website. Now he thinks that is too ugly, so he re-color location (100, 80) grid from orange to blue, and pay 0.088(0.08 * 1.1). This 0.088 is allocated to 0.08536(97%), 0.00088(1%), 0.00088(1%), and 0.00088(1%) ether. The 0.08536 ether was sent to Ace because he is the former painter of Zoe. The first 0.00088 is sent to Zoe herself because she is an referee, and the second 0.00088 is sent to Dave because he is the referrer of Zoe too.

Let's stop here and see how much ether Ace, the first painter, get. He has already get 0.08536 from Zoe and 0.0072 from the referral program. His ROI is 19.6%((0.088*0.97+0.00072-0.072)/0.072). HE HAS ALREADY EARN MONEY IN AN EXTREMELY EASY WAY. Then we look what has Dave earn. He got 0.0016 ether without paying anything. HE ALSO MADE MONEY WITH UNLIMITED ROI! It can infer from the same rules to Zoe’s situation.

How to buy Ethereum

There are many available sources to buy. HERE (https://coincentral.com/how-to-buy-ethereum/) is the link you can check it.

How to play this game

We highly recommend you click HERE (http://) and follow the tutorial. Good luck!

One More Thing
Leave your referral link and the grid location you draw below, we will give you extra bonus!

So it is basically a ponzi scheme...  ::)

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What if there is no upcoming player that going to deposit? Am I'll lose and you take my money?

Yep it's a Ponzi made into a game so it's not exactly a Ponzi because you are made aware of he it works. It's like those silly Bitcoin investment games they had during the first half of the year. Really ridiculous. People don't like this sort of thing so I can see why it hasn't gotten much interest.

Surely this an unbelievable opportunity to make money for EthColor.io. People who send money to them will lose money for sure.

These Ponzi sites always come up with some new concept to cheat investors. Don't waste your hard earned money on these Ponzi sites instead buy some good altcoins you can make a profit in the long run.

And another attempt of promoting an obvious ponzi scheme. This will only work as long as new players get into the "game".
Shouldn't posts like this be banned by something like a "keyword recognizing software"?  >:(

Please tag the OP and move this topic to the investor-based games section.