Last week DeepOnion changed the rules of their super restrict "airdrop".

With over 4k people in their forum only a fraction of it (around 300) would be allowed to participate in the free airdrop that would run for 40 weeks while others got inexplicably rejections and were blacklisted from the airdrop for "unknown reasons".

This went trough over 16 weeks and now the so called "earlier adopters" of the premined coin, with huge holdings, changed the airdrop rules to "the more you hold the more you get" and new participants must buy 100 tokens to be allowed in the 250k tokens weekly airdrop.

This new rules obviously favored and created a huge gap between the top holders aka earlier adopters to the recently joined participants. Not happy with the huge amount they already get in the airdrop weekly participation they also reward themselves with a support group factor of x2 x3 and x5. This means on top of their huge holdings, they will get a multiplier factor that can get them something like like 100k tokens weight in the airdrop participation.

With this model some Top holders aka earlier adopters got 7000 tokens in the last airdrop while a small fish got 7 coins in the same airdrop with this new distribution model.

Why this resembles a ponzi scheme?

If you go in their forum you will see this earlier adopters, which many are moderators, telling people to work their asses off in bounties to get about 25 tokens or invest their money to increase their airdrop participation and get more "free coins", while they ripping 7000 tokens per airdrop just by "being the earlier adopters" that had the opportunity to accumulate their tokens in a super restrict airdrop in the first 16 weeks.

What is presented as a "free" opportunity of entering in a magical airdrop is in fact a vassalage and constant praise of the "earlier adopters" and how awesome they are and how nobody would be there if it wasn't this first people to start it all while they keep ripping thousands of tokens per airdrop that is currently being sold for over a little $0.50 per token.

To top it all, they run a small side airdrop of 25k tokens that rewards users contributions in their forum. Those "earlier adopters" also participate in it because they are not happy with those 7k they already got in the main airdrop. Instead of leaving this opportunity to the small fish they keep contributing to a higher centralization of the tokens and they get offended if you ask them not to participate in this side airdrop and give a chance to small fish.


Did I said high centralization of the tokens?

2 millions from the 18 millions premined tokens belong to 4 founders, 500k Tokens for each founder (they call it founders reward).

3 Millions is for their development fund.

3 Millions for the bounties.

10 millions is for the "Airdrop" that as you can see 60% is ending up in the same persons pockets those with higher participations shares.

Numbers don't lie. Straight of the bat they old 8 Million tokens and at the end of the "free airdrop" ripping around 6k to 7k per week/team member/moderators people connected to the project will get half of the "free airdrop".

So in total this project team and mods will have in their possession somewhere near 10 to 13 Millions of the all the tokens.

Seems fair right? Ah, and don't bother and try to explain them how this centralization will ruin what could be a good project because they will tell you to go do bounties to increase 25 Onions to your weight.

Thank you. Feel like others need to understand this "free" model as well. To bad many wont read it because its a long text.

Another example of good hyped project is POS Token. They had free airdrops too. Now their Token cost 1$+-. I think that only devs win in such situations with similiar coins 

In this project a number of questions. Regarding the fact that we don't know who exactly is a developer? Or why not on their github open source? why hide it? and we've seen a huge thread on the ONION where it is shown that the project is Scam. A lot of people who were almost at the base of this airdrop now gone.
but even so developers like to try. go according to the roadmap. But I hope that even so rules will revise airdrop

good luck with the project..

That's right, the "second airdrop" where you get free coins for the official forum activity looks good and allows anybody to get quite a few coins (tens to hudreds) easily just for forum activity. Nobody is forced to buy any coins to get in the airdrop.

Nobody is forced to buy anything. But the people who do buy, buy in on the hype made by all the people who are getting the coin for free.
And they are not hyping it for the coin but for their own profit. It's just a nasty little vicious circle.

The investment (if you elect not to pay for 100 coins) is time and effort. To get 100 coins through non-investment means requires dozens of hours participating on the forums and advertising DO to the masses. This plays the role of broadcasting DeepOnion to new investors to participate in the scheme. Not to mention 7% weekly returns is only marginally above current rate of inflation (which is above 6%). So while you may receive 7 onions/100 your real earnings are less than 1.

Heard a lot about this coin in recent times and I do not agree with the op in many ways. Firstly, I am not a DeepOnion airdrop participant which is why I am not advertising in any way. Couple of my friends signed up for this airdrop when it was initially launched and received a great stack of onions which they sold for a high profit and earned some good money. Its all about being in the right place at the right time. The early adopters were simply lucky, but that does not make them guilty.

Thank you for creating this thread. Although I'm an advanced user, I learned a lot of interesting things I did not know about. Good luck and thank you again.

this 

all the onions are held by the few and the whole project is now manipulated by the few - if you sign up today and get into this - guess what? YOU ARE TOO LATE TO THE PARTY!!!

Just move on already and find some new opportunities - there will be many i'm sure.