[eth] Nice Guy Tax, Ponzi with a unique twist to make it last forever

[Sileniced]

Welcome.. Welcome.. to the yet another pyramid scheme.

I promise you, this one is different

"How? " you may ask..

Well look at the contract code here.
You can only insert 9 ETH in the contract and 10 ETH comes back at you. (so a minor profit of 1 ETH)
When the final version releases I will make 90 ETH and 900 ETH versions of it as well

There is a nice guy tax of 1 ETH, BUT the nice guy changes every 10th investor. And this is important.

Every ninth and tenth investor does NOT get the 1 ETH profit in the regular pyramid way, but in fees of 10 investors.
This in turn eliminates the gap between contract balance and pay-out needed, making them the nice guys. it says so in the contract.
(After nine investments there is a gap of 18 ETH because of investor profits and fees [9 * {1 + 1}] )
The ninth investor pays for the profits of the first eight investors and gets the fees of investor #10 until investor #19. which balances out his investment + 1 ETH.
The tenth investor pays for the fees of the first nine investors and gets the fees of investor #20 until investor #29. which balances out his investment + 1 ETH.

BUT DO NOTE: THE RISK IS CENTRALIZED IN THOSE WHO RESET THE BALANCE

So the nineteenth investor pays for the profits of investor #11 until investor #18 and gets the fees of investor #30 until investor #39.
The twentieth investor pays for the fees of investor #11 until investor #19 and gets the fees of investor #40 until investor #49.
And so forth.

HERE IS PROOF in picture form: https://i.imgur.com/LKlN5dD.png

So as you can see: those who reset the balance are the only ones who have to wait LONGER AND LONGER in order to get their ETH + 1 back!

So here is a comprehensive ruleset:
1) insert 9 ETH in the following address:
0x258d778e4771893758dfd3e7dd1678229320eeb5
2) receive a pay out of 10 ETH if you're NOT the ninth or tenth investor. (or 19th/ 20th or 29th 30th etc.)
3) if YOU ARE the ninth or tenth investor, you will get fees from 10 investors. balancing out your investment + 1 ETH.

THIS SMART CONTRACT HAS BEEN FULLY TESTED AND IN WORKING ORDER
use at your own risk. Be smart, be safe, and only play for fun.

Feel free to copy my code and edit it for... idk profits and web3-js data visualization or such. why yes I did copy parts of the code from someone else.

[1715171379]

1715171379

[1715171379]

1715171379

[1715171379]

1715171379

[1715171379]

1715171379

[Sileniced]

Fixed a bug in the old contract. Now I've deployed a new contract with fixed code, which still could be bugged either way.

[Sileniced]

NOOOOO... I've encountered another friggin bug and it made me lose 7 ETH!!!!

So I've deployed a NEW smart-contract AGAIN!

[Sileniced]

It seems that I'm getting it wrong everytime. Can someone please explain to me what I did wrong?

[Katatsuki]

It seems that I'm getting it wrong everytime. Can someone please explain to me what I did wrong?

You should be doing all this in the testnet or in a private net. You're wasting your (and potentially other people's) money...

[Tdecha]

It seems that I'm getting it wrong everytime. Can someone please explain to me what I did wrong?

You should be doing all this in the testnet or in a private net. You're wasting your (and potentially other people's) money...

If you can't setup a testnet, you might also include a kill function (just for the testing), publish it, create various accounts, make the test through these accounts and then kill the contracts and get your ETH back.

You'll lose a bit of gas but that's nothing compared to a non-working app

[Sileniced]

If you can't setup a testnet, you might also include a kill function

I did.. I figured I could make a funnel function that is just

Code:

    function funnel() {
        beta.send(this.balance);
    }

beta being me of course...

But it's working now

[Sileniced]

IT WORKS! I'm so glad that it finally works... it has been fully tested and I did a lot of bugfixes in order to finalize this!

[Sileniced]

i think this needs better marketing