I've just got in (day 1), the pay out is about 0.5% today. I've read that sometimes, it can be more than 1%.
But lets say its 0.3%/day by a conservative estimate, then the potential gain over 1 year would be 108%!!!
My personal thought is to simply treat this as a long-term game (as it is meant to from the beginning) with transparent risks and potential rewards all made apparent to the players (and not an investment); and just inject a tiny bit that you will not panic-sell even if the price drops or experiences a period of inactivity.. and just leave it in and gradually collect the ETH as dividend whenever there is trade-volume.I would like to ask a question about this ICO. What are the differences between your site and others ? Any road maps I can check on?
They already have a finished product, as a tested ERC20 ddapp that cannot be modified once published. And their “decentralized exchange” is also available, lol. I guess shill kits are still currently in active development.
=======================
Here's my take: Firstly, everything about POWH cracks me up! 😊 Nicely played to the peeps who developed POWH! The "3D" bit is especially a nice added touch!
Btw, <Insert Shilling my MASTER-Nooode>
https://powh.io/?masternode=0x4c4bd6409b4db326ee4fd00c2155817f9fe08291 </End Shilling>
The concept is pretty brilliant too, which I see a crypto-game (poking fun at BitConnect and the likes, and no different to say CryptoKitties) with simple rules that participants all understands what they are getting themselves into, w/o the risk of a sudden exit scam (beware of dodgy clones). 😃 The current developers are experienced crypto-programmers that have build POWH from the grounds up, and did their best to prevent hacks.
Once can think of POWH as a form of variable interest (nothing promised) fixed deposit. Penalty applies if one prematurely exits before a self-determined "target" is reached.
POWH3D needs an announcement of an announcement of a MAGA openly-imaginary partnership that will only be announced if the marketcap of P3D reaches 3-billion USD! 😊
====
This video discusses why the SEC wouldn't be able to shut down
https://www.youtube.com/watch?v=0HA8aTfB2TMSince it is an ERC20 token, even if their website is shut down, anyone can still continue to interact with the contract; and there are already 3rd-Party "exchanges" being made available (use with caution).
====
From the way I see it, P3D is simply like a fix-deposit to entice people to hold their ETH (as P3D tokens) within the Ethereum ecosystem; at least (hopefully) until the 10% in and 10% out in fees are recovered from bonuses received from other transactions. An important point to note is the those bonuses is not paid out as P3D token, but the developers chooses to distribute fees to participants as ETH; which the system then leaves the individual to decide if they wishes to withdrawn or re-inject them into their P3D stake.
Proof of Weak Hands (POWH3D) - Honest Review & Lead Developer Chat
https://www.youtube.com/watch?v=rPrk9n9PuoUAnd previous posts that I had made about powh.io..My Fiat-to-crypto exchange rate difference for buying and selling can be as high as 5% (not including fees); some P2P alternatives may charge as high as 30% as a premium in places like China where people do not have any other option to buy into crypto!
For POWH3D, the payout is actually distributed to ALL existing holders EQUALLY, rather than scaling/adjusting the distribution base on early adopters. Not really a pyramid scheme IMO, that is just for satiric effect to poke fun at things. Weather or not the code is "solid", is totally up to the individual to decide (by looking through the code themselves) or wait for an audit by a credible independent source, and to put in what one is willing to risk (just like with any ICOs and cryptos, as a matter of fact). It is also up to the individual to decide if they wish to KNOWINGLY inject into the POWH3D ecosystem, and join the "game", in-spite of the 10% transaction fee considered given the un-promised but obvious "potential" gains to breaking even eventually and beyond. Also, the fact that the developers have chosen to evenly distribute the fees as ETH rather than P3D, seems fair and enticing to me personally. In a way, its like choosing to lock up your ETH funds (like VeChain does), to generate more ETH for yourself over time (via their funny/satire system).
The fact that the P3D team is purposely advertising their game with a pyramid symbol is more of a "feature", rather than a flaw in their "marketing" choice (citing IOTA's FuD) 😛 It is supposed to be a meme coin, and how they choose to promote themselves as should not be taken too seriously. The rules of the game is obvious and clear. Either you choose to play it, or stay away from it, is your choice and yours alone to make -- just like with CryptoKitties.
Let the FUD come.
FUD is always good for P3D investors!
FUD-induced panic selling = more fees to distribute + larger slice of the pie for HODLers.
The higher the price gets, the more those who had invested earlier would wanna cash out, and the funds get paid to holders.. as the price drops, it becomes more enticing for people to enter and holders gets larger slice of the fees collected, and holders gets paid.
P3D is like a decentralized fix-deposit in a way (that you can choose to withdrawal at any time, though at a lost if not held for long enough) of ETH. Locking in ETH akin to how VeChain locks in funds into their so-called "masternodes", to generate ETH in this case.
Totally not scammy, especially compared to those Managed Investment Funds and etc. sold by banks, where the Fund Managers takes very high fee to pay their own salaries and bonuses, and your gains and the security of even your investment is not promised. Lossa people got burned putting money into Investments Funds offered by banks, and got burned, while those scammy banks and fund managers still make a profit regardless.
The P3D game only "offers" (but doesn't promise) potential gains.. with all the risks and rules completely transparent to its players..
And the fees is EVENLY distributed; there is no hierarchy bias with regards to fee distribution. So NOT a pyramid nor Ponzi scheme. That is purely for satirical impact.
The pay-out is in ETH, not P3D.
