This coin is as much a joke as it is an experiment. I am not the author and I am not "invested". It is just a very humorous coin.
PonziCoin : The World's First Legitimate Ponzi Scheme"Because money doesn't grow on trees... unless you're BitFinex"
"We use Equifax-grade security."
How It WorksInvest in the Blockchain
Buy PonziCoin tokens (symbol: SEC) from the Smart Contract with ETH at the current price.
It Pumps Itself
Every time 100 tokens are sold, the Smart Contract doubles the current price.
Cash Out
At any time, you can sell your PonziCoins back to the Smart Contract for 1/4 of the current price.
No Exit Strategy
The entire Ponzi Scheme is run through a verified Smart Contract so there's no way for anyone to run off with all the money.