Why people should do this airdrop when it is confirmed that it is a ponzi coin? Your coin will never be listed on any exchanges. And if someone will follow you will receive negative trust for promoting ponzi.
Except, it is not a ponzi, there is no referral system where users receive 'x' % of other users deposited value.
We will definitely be listed on external exchanges, as well as launching our own internal erc20-based decentralized exchange.
This is not a ponzi, users receive their 1% daily returns from the TrueUSD reserve supply. And I thought that ponzi scheme is a scheme where first comers are paid and others are not because funds are quickly exhausted. And referral program is little bit diffrent and can not be considered as a scam in most cases.
This is NOT how our platform works, you are still mistaken.
Example;
1. If our hardcap is reached, 40% will be converted to TrueUSD tokens held in a reserve.
2. Therefore, approx. 80K USD in TrueUSD tokens will be held in a reserve smart-contract.
3. The reserve smart-contract will then accept up to a maximum of 80k USD in ETHCOIN deposits.
4. The TrueUSD Tokens will then be transferred to TrueUSD reserve smart-contract #2 -> where it will distribute 1% of it's total reserve to those who deposited ETHCOIN tokens to the TrueUSD reserve smart-contract #1.
5. A new TrueUSD reserve smart-contract #1 will be created once the reserve has been depleted, enabling ETHCOIN deposits to commence once again.So; If you deposit 10k USD in ETHCOIN tokens to the TrueUSD reserve smart-contract #1 , the equal amount (10K USD in TrueUSD) will be transferred to the TrueUSD reserve smart-contract #2, where you will receive 1% of 10k USD daily for 100 days from the TrueUSD reserve.
This process insures your original USD investment is secured.
You are still talking about reaching hard-cap, but that it is not as easy as you think. How much money have you already collected?
And what about your negative trust, DT members are able to decide if your project is ponzi or not
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