It has been a while hmmm

Guess I'll throw in some ETH :p

You can always check https://dappradar.com/

or try your luck with https://fomo3d.nl

I will say this, however.

All of you are pioneers in a completely new, disruptive economic field that will undoubtedly come to flourish. This community is the breeding ground, the nurturing womb for the first, true decentralized society and economy. Most of the crypto sector is nothing but unsubstantiated hype, a melting pot of impractical ideas fueled by psychologically manipulative marketing, greed, and deceit. Like it or not, this is the reality of not just crypto but the majority of capitalism at a whole. P3D is the complete opposite of all of that. We offer a complete product right from the bat with utter honesty & transparency. And THAT is the standard for all our releases. No lies. No hype. No waiting. No bullshit. We will disrupt the entire decentralized software & economy sector with what we have in store. Mark my words.

Don't believe me? Hold my beer and watch. Screencap this post and check back in a year. - Mantso, Lead Dev

https://i.imgur.com/RX1RQeZ.png

A much requested feature was a mobile-ready app for P3D. Now there's many ways to achieve this, but considering everyone is using their own wallet of preference on mobile, we had to think of a universal solution that would work accross the board on basically every device. Suffice to say, I'm proud to say we succeeded in that regard. We have succesfully deployed a fool-proof variant of our mobile exchange!

Currently tested & compatible mobile apps

- TrustWallet [Android / iOS]
- Cipher [Android / iOS]
- Mobile firefox with Metamask [Android / iOS]

We are listed as official token in the Trustwallet marketplace, with full scale functionality compatability. You can send, receive and buy P3D with ease. We are also in process of reaching out to the Cipher App developers to have our token and app listed on their marketplace, but that's just a matter of convenience - P3D and the exchange works on Cipher too!

To use the mobile exchange in your favorite mobile app, visit https://mobile.powh.io/

Do note that mobile wallets do not support masternodes as of yet.

Im sure Dogecoin was created with innovation in mind.


You contradicted yourself in the first two sentinces: Stating a (false)purpose and then stating that it does not have a purpose? I'm not sure if you understand the entire concept of the PoWH. The purpose of the PoWH is to generate passive income for those who hold the token. It wasn't created for the "basic purpose" of a payment system like you claim that every crypto should have. You again contradict yourself by implying that every coin should have an basic payment system. Is that the purpose of security tokens? Are all security tokens no longer valid cryptos? Under certain perspective and assumptions, PoWH can be seen as a security. The Ethereum network is created to provide a platform for computation. PoWH is generating network usage, hell we even clogged the network. How does this not benefit the ERC20 platform? Generating transactions for the miners to mine is not beneficial?


I really can't believe you actually went through and posted this. It just blows my mind. This just shows how much your brain hurts from math and big and small numbers.

You forgot to add a 7th zero to the price incremental/decremental which multiplied your deductings 10 fold. The fact that you ended up with a negative number should've told you that something is wrong in your calculations. Calculations just interpret token price, not ETH that you will get.



This is math and programming for highschoolers.


EDIT: You even made the same mistake a second time.

People indeed got scammed in the last prior Proof of Weak Hands contract but that was due to an exploit a hacker used to drain the contract. The developers themselves got scammed too. The current Proof of Weak Hands contract consists of fully rewritten code base and has been thoroughly tested.



Doesn't this apply to ALL cryptocurrencies? The early adopters are the ones taking the biggest risk and therefor should be rewarded the most. Basic investing. With your perspective, buying BTC right now will be paying off the early investors of 2010. Do you consider BTC a scam?


That's why you hold and reap in dividends. If the early investors are smart, they would just hold their "bloated" share of tokens and also reap in dividends. Whales are slowly entering now because they understand this and as a whale, it just amplifies the effect.


We passed 1k ETH around 17 march,
we passed 2k ETH around 24 march,
we passed 3k ETH on 26 march,
we are sitting at 3,6k ETH as of 28 march.
10k ETH is just around the corner imo.

I applaud you for actually taking a look at the source code. The ambassadors program was a reward system that was introduced after the project was mostly done, to prevent any bias decisions. Those awarded ambassador status were those helping the project in the early stages to get off the ground (coding, auditing, website etc). It is only reasonably to reward those who helped out. To prevent them from becoming gigantic whales you state they are, they were limited to 1 ETH/ambassador. Surely they are now up considerable but can you compare them to the developers who created the top 20 coins which premined 20+ % for themselves which are now worth millions, while these developers actually had to buy there way in? Many of the ambassadors sold off their shares when the contract hit around 300 ETH, which is a while ago. The fact that they own the first couple of shares but not too much to be considered a whale means that the developers have to continue develop for the PoWH to increase their own holdings. It's a self incentivize mechanism. I can almost assure you that most of those ambassadors are out of the top 20 as of now with the sizes of whales coming in.


I applaud you again for doing research but you're interpreting the charts wrong. As you can see here, no one actually owns more than 3% of the token supply. You have to understand that those percentages are rounded off to the nearest whole number. If you take a look here you can see that the charts say that the current number 1 tokenholder has 3% tokens while on Etherscan it actually is 3,22%. Those at 0% with their own piece of the chart own around 0.5% of the token, which translated to around 4k+ tokens. The addresses contained in the "other" section are all the addresses with under 1000 tokens for the sake of the argument. You see the difference there? I am generious with the sub 1000 mark since there are alot of people here with sub 100 tokens. Because of these discrepancies, it would be unfeasiable to perfectly state each and every token holder in 1 chart since that would just be clutter.

At last a tip for you:

Please, please, please work on your punctuation/formatting. It makes your critic/questions alot more readable and legit for those reading along side us.

I thank for your reply and your concerns but please state them more as questions instead of these blatant accusations. Any other questions can be posted here or you can find me on the powh discord as "CptZiyi".

1. Download Metamask, create a new account with an ETH address.
2. Send ETH to that address
3. Go to www.powh3d.nl and click on "Decentralized Exchange"
4. Enter the amount you'de like to buy and a click on buy.
5. A Metamask pop-up will appear asking you to set the gas price, between 2 - 4 will do the trick in a minute, and confirm the transaction
6. Enjoy your dividends

That would be 1 reason and the current dividends would be the other reason. More incentives will be added in the near future to purchase P3D tokens as updates and side projects will be released. This will have the P3D contract at its center and grow it more into an ecosystem.

I do remind you:
- Circulating supply is currently ~700k which is waaaayyy less than the average ERC20 coin of around 100 million
- Current value of the contract is around 1,4 million dollars which compared to the 50/100/200 million dollars other coins is very small

Not saying that we should be 100% compared to ERC20 tokens since this is imo something new, but it definitely gives a good perspective

Contract just passed 3k ETH today on 27 - 03
Contract passed 2k ETH on 23 - 03
Contract passed 1k ETH around 16 - 03.

The initial 10% is already calculated in your 130 tokens upon purchase. The large holders do indeed profit the most but not because of the system is skewed that way, but because understand and take the risk of their large holdings for the largest share of the pie.

So if you assume that buying now is donating to big holders/early investors? What the hell are you doing in crypto anyways? That statement is true for ALL cryptocurrencies, BTC, ETH or any other Alt. Buying BTC now is just paying those who bought in 2010. Does that deter you from purchasing BTC, I don't think so.

You also assume that the top x amount of addresses P3D is in hands of the the developers/whales but how do you know?

You don't, you just assume.

Do you know that the top x amount of addresses of any other top 100 coin is in the hands of developers/whales? You don't, you just assume.

But I can tell you that those holdings are waaaayyy more skewed that P3D's since P3D has actually been transparent in their actions to gain trust of the community.

Stop this blind favoritism of other coins and build up your statements with facts.

Some interesting things that I have seen in the last couple of days:

- There is still not 1 address which has more than 3% of the tokens
- Price has been more stable than any other coin and keeps on rising steadily
- Whales are beginning to notice us. Our recent 99 ETH whale just got kicked from the #1 token holder spot
- Updates on the project will be released soon to incentivize more buying and selling
- Community is growing and more community programmers are interested in developing an ecosystem
- The average buy in range has increased from [0 - 1] up to [1 - 2] ETH

It's not labeled as an exchange, the entire project is just the smart contract. An access point is provided in form of an exchange. You can also rehost the source code and operate the provided exchange locally, which I presume is not illegal in any sense. As last measure of access, you can always directly call the smart contract's functions via MEW or any other Ethereum access point. If you dont trust the website, do it manually via the other means of access. There are loads of guides on the discord.

The contract went under heavy auditing and been through two hackatons. There is no system to reimburse anyone. If this contracts get hacked, Vitalik probably has to fork the entire Ethereum network again since that hack will cover most ERC20 tokens.



The contract has been deployed an operates fully autonomous, without the interference of any human. The value of the token was initially set to 0.0000001 ETH and with each token purchase/sell, the token price is incremented/decremented with 0.00000001 ETH. Again, this is guarenteed and regulated by the smart contract and the smart contract only. As of current, there is not 1 individual that holds more than 2% of the tokens. This has one of the best distribution curves I've seen.


PoWH is a simulation of a specific economical system. It's what Bitconnect should have been instead of what it was. By participating you're interested in the workings of this system and the possibility of earning ETH. You mentioned the word investors quite alot. This is not a investement, this is simulation of an economical system.

Congratz on hitting 2k ETH within a month of realeasing the contract!

Its currently not a zero-sum game. There is more ETH in the contract than people have bought in with.

The use case of this project is to create a passive income for all participants. Imagine a situation where in there is on average 500k ETH in the contract. 500k ETH brings in a lot of volume/volatility which generates passive income for the holders.

More use cases are planned and as of writting getting coded by the devs. I picked this up from the pinned message on discord:

Phase 2, Also known as our Atomic Swap Algorithm; this may or may not come with Oracle problem resolution as well.

Phase 3, Also known as Project Harpoon. This will simultaneously release along with the Atomic Swap algorithm and expand our masternode network exponentially with the goal of capturing whales with massive wallets into our Erc3D ecosystem.

These are both in progress and we are working hard to develop these systems, as usual no details will likely be released until they are very close to launch.

But i leave you this generalized idea of our current roadmap so that you can have confidence in the strength of your hands, and know that we're working avidly towards Un-justing (Fixing) all users who have ever been cheated in an ethereum Dapp game.

Powh3d is built for, run by, and designed to benefit this community after all. - Main dev

The Token price is decided by the free market and volume. Token prices get updated after each P3D token purchase so the case you mention here does not work.

Example: I want to spend 10ETH in this

I send 10 transactions of 1 ETH and pay in total 1 ETH in fee --> 10 * (1 * 0.1) = 10 * 0.1 = 1 ETH

or

I send 1 transaction of 10 ETH and pay in total 1 ETH in fee --> 10 ETH * 0.1 = 1 ETH

The transaction fee remains the same because it's a percentage. Since the token price is calculated after EVERY token purchase/sell both ways net in the same amount of tokens.


Added the info about this into the original post.

The coin P3D is an ERC20 token on the Ethereum network that introduces three dimensional economy simulation. The contract is open source and has been audited and been through a hackaton twice without failure. It is a fully rewriten base of code by with help of the developers who found the exploit in the previous version.




When someone buys the P3D token by interactng with the contract (sending ETH to it) the price of the token will increment with a small fixed amount(0.00000001 ETH) for each token that is purchased and whenever someone sells a token it will also decrement with the same small fixed amount. As always, you could try to buy low and sell high. Tokens are minted for each buy and burned for each sell, P3D is both a inflationary and deflationary coin. There is no premine for the devs and they had to get their own shares.

The important thing is that 10% of all buys and sells are returned back to all the holders of the P3D coin as dividend. This creates incentive to hold the coin throughout volatility.

Suppose you buy in, two scenario's can happen:

- The prices rise with more people buying in and you can sell your P3D for a profit meanwhile getting dividend for every transaction made after you.

- The prices drop with more people selling than buying so selling now would result you in a loss BUT you would be getting dividends from every sell.

The moment you buy in you're hypothetically around 19% loss since you paid 10% entrance fee and will have to pay another 10% exit fee. The longer you hold your coins however, the more dividends you earn and the lower this percentage starts to drop (excluded token price appreciation/depreciation).

Let me put that into perspective: With regular coins you would now be holding bags but with P3D all you have to do is hold your coins and wait for the dividends to stock pile until you have made your initial investment back or even more. The coin is out for just over a month and we are well over 3000 ETH in the contract. The developers are working on side projects that build of off the Powh smart contract to create an ecosystem in which holders of the P3D token benefit. I repeat, more incentives to buy the coin will get added in the near future.

There is also the added concept of referrals. Whenever someone buys with via your masternode(that you currently can obtain by holding 4 or P3D coins) you would get 3% of their investment as direct dividends. That 3% is deducted from his 10% that goes to the overall holders. General incentive to spread awareness and generate volatility.

Your profit in "normal" coins is dictated by supply and demand.
Your profit in P3D is dictated by supply and demand, referrals and volume. 3D chess.

The concept relies on you, the token holder, to have strong hands and hodl through all the buys and sells to accumulate dividends while the weak hands sell for whatever reason.

What if everyone sold? If everyone sold you would still be able to draw out your ETH. No one can sell their tokens for your ETH as prices drop, you still have your tokens and you'll get dividends (at a increasingly higher rate) when more and more people are selling. The last person selling before you would also leave 10% of his stake behind netting you that.

Access to buying and selling is currently made possible in three ways:
- The provided 3D exchange on their website
- Backup websites hosted on github (good luck bringing those down)
- MEW or any other Ethereum connected interface in which you can create transactions

This entire process of token pricing and returning dividends is done fully autonomous by the smart contract. No humans are allowed to interfere. Period.

In general Proof of Weak Hands is a funny, exciting and community driven concept that generates dividends in a 3D manner.

Enter P3D here: www.powh3d.nl

You can also DM me for any questions or head over to the discord here --> https://discord.gg/DbapvnH
or create a reddit post here --> https://www.reddit.com/r/PoWH3D/

EDIT: AS THIS POST WAS THE FIRST POST, I'D LIKE TO REFRAIN FROM EDITING THIS WITH NEW/EXTRA INFO. PLEASE READ THE COMMENTS FOR MORE/INDEPTHS QUESTIONS/ANSWERS THANK YOU.

HELLO?

I really like the lock in price of ATH of the currency that you want to invest with. This guarantees that investors profit and shows a positive attitude of Pinkdate towards crypto in general.

I feel safe to have invested in an actuall company that has a clear goal for the coming three years.

Looks promising! Will try to contribute