PonziCoin.co | 120% Hybrid Ponzi-Style Game | Automated | Escrow Protected

[Vortuarackne]

PonziCoin.co
The only Ponzi-style game providing an escrow reserve!
http://ponzicoin.co

1Pg6oHPBHRiRpBd7RrUGwTUEHvhF58KjYj

• 120% Return on Investment
• Future fees to be sent to Escrow account (see below)

• Last deposit in every round receives their 120% return!

• Last TWO deposits are doubled if a round totals more than 100x the max deposit limit

• Fully Automated System - Restarts occur after 12 hours if no repayments can be made
• Fully transparent accounting and transaction records on our site

• Do not use web wallets (other than BlockChain)

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Hash: SHA1

The escrow address for PonziCoin's reserve wallet  would be:

1FweHGdxQrFVXNss7163axzpUWwf2XSaUo

Fineprint:

In the event of Ponzicoin owner "Vortuarackne" being inactive\hit by a bus\running away with the coins "in-play", the coins within this escrow wallet would be used to repay the players.
Grace period will be 1 week, (unless I get a advanced notice of vacations etc) whereby if there is outstanding debt (determined by funds being in the wallet but not being sent to players,
or funds being sent to an address which isnt involved in the game) I am allowed to refund players based on the stats available in (a) the transaction history and (b) Stats available on Ponzicoin.co

Please Note that these funds are NOT to repay players which have lost out due to the natural restart of rounds. Players accept the risk of potentially losing their coins caused by any restart of the game.
This fund is purely to repay players should anything untoward happen.


More details :

1) the reserve address which i will hold will gradually build up based on fees taken from future PonziCoin rounds
2) the funds in this escrow address will be owned by Vortuarackne  personally, and when He will decide to close the site (with due notice to the players) the funds will be returned to the wallet of his choice.
In this event I will make sure that there is no outstanding debt before returning funds to "Vortuarackne".


The escrow holder, escrow.ms, assumes and gives no liability or guarantees on the satisfaction of all parties involved, although he agrees to mediate and facilitate the deal to the fullest extent he is capable of.  On the event that any problems arises, he will release the escrow to whichever party that presents him with the most convincing proof and/or after an open discussion with others .
The verbal acceptance by both parties (or the failure to reject) and the sending of Bitcoins to the escrow address above constitutes the acceptance of the terms and conditions stated, and the activation of this Contract.
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[/list]

[Holdaaja]

Maximum is only 0.01BTC 

[Vortuarackne]

Maximum is only 0.01BTC 

For now. It's a case if rebuilding trust. Deposit as many 0.01's as you like though.

[Holdaaja]

Maximum is only 0.01BTC  

For now. It's a case if rebuilding trust. Deposit as many 0.01's as you like though.

Okay, I guess people wont take risk and try to be last deposit for only 1$ profit

[Vortuarackne]

Maximum is only 0.01BTC  

For now. It's a case if rebuilding trust. Deposit as many 0.01's as you like though.

Okay, I guess people wont take risk and try to be last deposit for only 1$ profit

We will build up to larger deposits. I guess the key is that players can be 2nd to last and lose everything, or deposit again and be last to get a return.

[Holdaaja]

Maximum is only 0.01BTC  

For now. It's a case if rebuilding trust. Deposit as many 0.01's as you like though.

Okay, I guess people wont take risk and try to be last deposit for only 1$ profit

We will build up to larger deposits. I guess the key is that players can be 2nd to last and lose everything, or deposit again and be last to get a return.

So max gets bigger inside this round? Then this will be huge because = it starts at friday night and there is escrow.

[Vortuarackne]

Maximum is only 0.01BTC  

For now. It's a case if rebuilding trust. Deposit as many 0.01's as you like though.

Okay, I guess people wont take risk and try to be last deposit for only 1$ profit

We will build up to larger deposits. I guess the key is that players can be 2nd to last and lose everything, or deposit again and be last to get a return.

So max gets bigger inside this round? Then this will be huge because = it starts at friday night and there is escrow.

I'll increase the min\max limits per round. Perhaps 20% per round.

The idea behind starting with smaller limits is to rebuild a level of trust. Players are more than welcome to deposit multiple times.

[Holdaaja]

Maximum is only 0.01BTC  

For now. It's a case if rebuilding trust. Deposit as many 0.01's as you like though.

Okay, I guess people wont take risk and try to be last deposit for only 1$ profit

We will build up to larger deposits. I guess the key is that players can be 2nd to last and lose everything, or deposit again and be last to get a return.

So max gets bigger inside this round? Then this will be huge because = it starts at friday night and there is escrow.

I'll increase the min\max limits per round. Perhaps 20% per round.

The idea behind starting with smaller limits is to rebuild a level of trust. Players are more than welcome to deposit multiple times.

But it cost more tx fees and it is slooow
I get only 16% profit now, because transaction fees take about 4%

[Vortuarackne]

Maximum is only 0.01BTC  

For now. It's a case if rebuilding trust. Deposit as many 0.01's as you like though.

Okay, I guess people wont take risk and try to be last deposit for only 1$ profit

We will build up to larger deposits. I guess the key is that players can be 2nd to last and lose everything, or deposit again and be last to get a return.

So max gets bigger inside this round? Then this will be huge because = it starts at friday night and there is escrow.

I'll increase the min\max limits per round. Perhaps 20% per round.

The idea behind starting with smaller limits is to rebuild a level of trust. Players are more than welcome to deposit multiple times.

But it cost more tx fees and it is slooow
I get only 16% profit now, because transaction fees take about 4%

Does the site look better now?

[Holdaaja]

Maximum is only 0.01BTC  

For now. It's a case if rebuilding trust. Deposit as many 0.01's as you like though.

Okay, I guess people wont take risk and try to be last deposit for only 1$ profit

We will build up to larger deposits. I guess the key is that players can be 2nd to last and lose everything, or deposit again and be last to get a return.

So max gets bigger inside this round? Then this will be huge because = it starts at friday night and there is escrow.

I'll increase the min\max limits per round. Perhaps 20% per round.

The idea behind starting with smaller limits is to rebuild a level of trust. Players are more than welcome to deposit multiple times.

But it cost more tx fees and it is slooow
I get only 16% profit now, because transaction fees take about 4%

Does the site look better now?

Yes! Thank you

[sgk]

Loving the new site layout; much cleaner and professional!

[salvo0097]

Can you set 0.20 almost as maximum ?
Because there will be people that send a lot of 0.10.

[goozman96]

Will the escrow wallet be kept in cold storage? Stated differently: what are the chances the escrow account can be compromised?

[Vortuarackne]

Can you set 0.20 almost as maximum ?
Because there will be people that send a lot of 0.10.

The difference between min and max has been set as x10 so we dont see massive backlogs in repayments, it should keep them fairly quick. The limits will increase as the rounds restart, but will always be a x10 difference.

[Vortuarackne]

Will the escrow wallet be kept in cold storage? Stated differently: what are the chances the escrow account can be compromised?

That's a question for my escrow agent; https://bitcointalk.org/index.php?action=profile;u=76380

[salvo0097]

Can you set 0.20 almost as maximum ?
Because there will be people that send a lot of 0.10.

The difference between min and max has been set as x10 so we dont see massive backlogs in repayments, it should keep them fairly quick. The limits will increase as the rounds restart, but will always be a x10 difference.

I don't understand very well. Limits will increase during this round (at the start o in progress) or during the second round ?

[Vortuarackne]

Can you set 0.20 almost as maximum ?
Because there will be people that send a lot of 0.10.

The difference between min and max has been set as x10 so we dont see massive backlogs in repayments, it should keep them fairly quick. The limits will increase as the rounds restart, but will always be a x10 difference.

I don't understand very well. Limits will increase during this round (at the start o in progress) or during the second round ?

Nothing will change during rounds - changes will happen at the start of every new round

[salvo0097]

So for this round the limits are these ?

[Vortuarackne]

So for this round the limits are these ?

Yeah

[escrow.ms]

Will the escrow wallet be kept in cold storage? Stated differently: what are the chances the escrow account can be compromised?

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Well I won't tell any lie, It's not a Fully offline wallet but I am providing escrow services from different desktop which I have bought for just for escrow purpose (I only use that system to check and release coins) I can take guarantee of security, If my system got compromised and anything happened to these bitcoins due to malware or hacker, I will return Bitcoins from my pocket.
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Someone Please quote me.