It's a obvious scam and I hope no one fell for it, op are you advertising this or asking if it's a scam or not?
The person should be able to tell its really obvious, either that this thread is a self promotion for traffic to that site.
Agree.
Sound terribly like a scam. he could run it for a few months, building up a nice pyramid and then run off with your coins. Been done before.
And, we will see such scam again and again in the future