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Author Topic: New thing in town of Ethereum: Fish token  (Read 530 times)
triangles_things (OP)
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August 22, 2017, 05:48:24 PM
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Hi everyone! I want to present to the world the results of last month of my work.

It is a Ethereum ERC20 token contract with some interesting modification.

You can buy and sell tokens using buy and sell methods respectively. Now, the interesting part is that buy price gets increased automatically every day. Rate of buy price growth is between 20% and 100% a month, which corresponds to daily increase of 0,61% and 2,33% respectively.

Sell price is also adjusted automatically and is always 90% of buy price at any given moment.

After waiting just for two weeks you can take out more than what you put there initially. If you continue waiting your tokens would worth more of course.

There is also a referral program embedded, rules are following:

  • New user gets additionally 4% of tokens on his first purchase if he provides referral address (who already participated) via `referral` method]
  • Referral gets additionally 4% of tokens on every subsequent purchase of referred user
  • Referral of referral gets additionally 2% of tokens on every subsequent purchase of referred user
  • Referral of referral of referral gets additionally 1% of tokens on every subsequent purchase of referred user
  • A bounty award of maximum of 100 tokens can be assigned to proactive users as a reward for promotion, help in translation or any other good things

As a contract owner I can only modify:

  • Daily growth rate - and set it to be between 20% and 100% a month.

Initial price of token is 0.1 ETH and token resolution is 3 decimals.

SO, here it comes:

Contract address is: 0x80C1a36dcbDCA742f59f09FdA16C43e6AD877c2B
The full contract code can be found here: https://github.com/triangles-things/fish.project
You can check that the code is actually the contract at Etherscan: https://etherscan.io/address/0x80C1a36dcbDCA742f59f09FdA16C43e6AD877c2B#readContract
Term of use are here (READ THEM!): https://github.com/triangles-things/fish.project/blob/master/terms-of-use.md

For the first birds, my address is 0xb8f7c360b194620da49a8af736fddf4e17177bea. Feed it to referral method and you will get your landing discount.

Why do I do that? I am curious how this will get evolved over time. It is really spectacular to see the growth charts Wink and I want this contract to overcome any existing or coming coin offering in the history :p

Link to corresponding topic on Ethereum forum: https://forum.ethereum.org/discussion/15208/new-thing-in-town-fish-contract/p1?new=1
Link to corresponding topic on Redit: https://www.reddit.com/r/ethereum/comments/6vcnh1/the_new_thing_in_town_fish_contract/

NB! This is NOT AN ICO. This is a Ponzi schema contract. Interact with it at YOUR OWN RISK. DO NOT put there your savings money or money that you can not afford to lose. MAKE SURE YOU CAN LIGALLY PARTICIPATE IN IT.

P.S. Follow the new rabbit.

UPDATE

Initially the bounty award was suppose to be 100 tokens but I just noticed that when I was switching from hundred thousandths (resolution is 5 decimals) to ppm (resolution is 6 decimals) in contract math I used replace all, and that also extended bounty limit.
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