happypsyduck (OP)
Jr. Member
Offline
Activity: 90
Merit: 1
|
|
November 02, 2019, 03:44:35 PM Last edit: November 16, 2019, 03:05:56 PM by happypsyduck |
|
Simple FOMO Round 2 Status: Ended Top entrant: 0xbdc8542fe776f8712afc70b2bd147fdd0115ad54 Last entrant: Same
Simple FOMO returns in a new round! The rules are slightly different than the previous round. The game is a game theory based lottery that rewards both the last person to enter the lottery and now the person with the most entries when the deadline expires. There will be 2 winners. Each time a person enters the game, the deadline is potentially extended based on how close that person is to the deadline. Also, as more people enter the pool, the cost to enter the game increases. For this round, it is advantageous to enter the game earlier as all entries are equal and earlier ones cost less. The game itself is a smart contract that is ran on the Ethereum blockchain therefore it cannot be changed or manipulated by the creator of the contract. Any and all transactions to the contract are publicly viewable. There is no house advantage. The initial pot size is 2 ETH. The initial cost to enter is 0.001 ETH. The initial deadline is Nov 16th, 2019 14:10:54 UTC. Game Website: https://happypsyduck.github.io/simple-fomo/GitHub Source: https://github.com/happypsyduck/simple-fomoContract on Etherscan: https://etherscan.io/address/0xa7565a3E2d0044b8BC887Bc6451f6e70ac551462Old Rounds:
Simple FOMO Round 1 Status: Ended Winner: 0xc54100fc034d412c21ba92ccf2d916374ac22555 Simple FOMO is a new game theory based lottery that rewards the last person to enter the lottery with the entire pot when the deadline expires. Each time a person enters the game, the deadline is potentially extended based on how close that person is to the deadline. Also, as more people enter the pool, the cost to enter the game increases. The game itself is a smart contract that is ran on the Ethereum blockchain therefore it cannot be changed or manipulated by the creator of the contract. Any and all transactions to the contract are publicly viewable. The game rules are viewable in the source code. Check it out here: https://etherscan.io/address/0xa5a9B6a783D17C15822D3e70dbb1E59D736284eF#codeThe initial pot size is 2 ETH. The initial cost to enter is 0.001 ETH. The initial deadline is Nov 8th, 2019 11:16:00 UTC. Game Website: https://happypsyduck.github.io/simple-fomo/GitHub Source: https://github.com/happypsyduck/simple-fomo
|
|
|
|
|
|
Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
carlfebz2
|
|
November 02, 2019, 04:11:03 PM |
|
An another FOMO3D ponzi like game that would never end since people would really tend or would strive hard to be placed on the last spot.
This kind of game and its popularity is long time gone and dont expect for people to join up the same thing all over.
|
|
|
|
nakamura12
|
|
November 02, 2019, 04:26:19 PM |
|
I wonder why people still post things like this even though it's definitely not legit. I don't think someone will play this game plus the site is poorly constructed and no other information shown in there so it's likely to be a ponzi scheme type of site just mentioned earlier.
|
| | | | | | | ███▄▀██▄▄ ░░▄████▄▀████ ▄▄▄ ░░████▄▄▄▄░░█▀▀ ███ ██████▄▄▀█▌ ░▄░░███▀████ ░▐█░░███░██▄▄ ░░▄▀░████▄▄▄▀█ ░█░▄███▀████ ▐█ ▀▄▄███▀▄██▄ ░░▄██▌░░██▀ ░▐█▀████ ▀██ ░░█▌██████ ▀▀██▄ ░░▀███ | | ▄▄██▀▄███ ▄▄▄████▀▄████▄░░ ▀▀█░░▄▄▄▄████░░ ▐█▀▄▄█████████ ████▀███░░▄░ ▄▄██░███░░█▌░ █▀▄▄▄████░▀▄░░ █▌████▀███▄░█░ ▄██▄▀███▄▄▀ ▀██░░▐██▄░░ ██▀████▀█▌░ ▄██▀▀██████▐█░░ ███▀░░ | | | | |
|
|
|
Patatas
Legendary
Offline
Activity: 1750
Merit: 1115
Providing AI/ChatGpt Services - PM!
|
|
November 02, 2019, 04:26:32 PM |
|
This is like a Ponzi Scheme but only the top tier entity [that is you] will always win. Why would anybody keep on sending money when you can always bump the deadline once it's closer to finish? Pathetic Scam Attempt OP.
I've more chances of getting hit by a train inside my room than winning your lottery.
|
|
|
|
rijaljun
|
|
November 02, 2019, 05:36:59 PM |
|
Obviously, you will be the last one who enters the game and win the whole people's money.
Classic!
|
|
|
|
Dabs
Legendary
Offline
Activity: 3416
Merit: 1912
The Concierge of Crypto
|
|
November 02, 2019, 05:43:35 PM |
|
I bet ... someone will bot this. If legit. Publish an address secured by escrow and a fixed deadline based on block height, that would be more legit.
|
|
|
|
happypsyduck (OP)
Jr. Member
Offline
Activity: 90
Merit: 1
|
|
November 02, 2019, 06:08:10 PM |
|
I will try to address each person's point in this response: An another FOMO3D ponzi like game that would never end since people would really tend or would strive hard to be placed on the last spot.
This kind of game and its popularity is long time gone and dont expect for people to join up the same thing all over.
This is not a ponzi as only the last person to enter wins the pot. In ponzi schemes, the last person to enter is the loser as everyone who has entered before benefits from that last person. I wonder why people still post things like this even though it's definitely not legit. I don't think someone will play this game plus the site is poorly constructed and no other information shown in there so it's likely to be a ponzi scheme type of site just mentioned earlier.
The website was designed to be easy to understand. The contract can be publicly viewed by any person and the source code of the website is there for anyone to see. This is like a Ponzi Scheme but only the top tier entity [that is you] will always win. Why would anybody keep on sending money when you can always bump the deadline once it's closer to finish? Pathetic Scam Attempt OP.
I've more chances of getting hit by a train inside my room than winning your lottery.
If you check the contract that controls the rules of the game, I can't just bump the deadline. It requires an entry cost that is continuously increasing. Your chance of winning is hard to predict since there are so many unknowns. Obviously, you will be the last one who enters the game and win the whole people's money.
Classic!
Remember that with each entry close to the deadline, it pushes the deadline forward, so it is not so obvious who the winner of this game will be. I bet ... someone will bot this. If legit. Publish an address secured by escrow and a fixed deadline based on block height, that would be more legit.
The contract listed on the website is the escrow, which is governed by the rules of the smart contract that is publicly viewable. Ethereum allows such functionality.
|
|
|
|
Oceat
|
|
November 02, 2019, 06:13:31 PM |
|
It's a never ending game if you could alter the deadline due to more player is joining your game. I can sense that you have the control of who's the winner you wanted to win. It's just unfair to make something like this without a clear picture of who would be the winner because you can alter the result if you do so. Just think about it if you put a timer on when would you end it, do you think that more player will join before the deadline?
|
3996
|
|
|
happypsyduck (OP)
Jr. Member
Offline
Activity: 90
Merit: 1
|
|
November 02, 2019, 06:21:38 PM |
|
It's a never ending game if you could alter the deadline due to more player is joining your game. I can sense that you have the control of who's the winner you wanted to win. It's just unfair to make something like this without a clear picture of who would be the winner because you can alter the result if you do so. Just think about it if you put a timer on when would you end it, do you think that more player will join before the deadline?
The game is an Ethereum smart contract. The rules of the game are found in the public source code of that contract. I have no control over the flow of funds in that contract. This is the benefit of using Ethereum smart contracts. The game cannot be modified by the creator. You can view the contract source here: https://etherscan.io/address/0xa5a9B6a783D17C15822D3e70dbb1E59D736284eF#code
|
|
|
|
KennyR
|
|
November 02, 2019, 06:24:40 PM |
|
It's a never ending game if you could alter the deadline due to more player is joining your game. I can sense that you have the control of who's the winner you wanted to win. It's just unfair to make something like this without a clear picture of who would be the winner because you can alter the result if you do so. Just think about it if you put a timer on when would you end it, do you think that more player will join before the deadline?
I too had the same thinking, with this game if the expected slots hasn't reached by the scheduled time, surely the authority will try to extend the time provided. This will manipulate the winner according to the organizer. There can be Alternate plans, but all those need to be executed at the right time.
|
.SUGAR. | | ██ ██
██ ██
██ ██
██ ██
██ ██
██ ██ | | | | | ██ ██
██ ██
██ ██
██ ██
██ ██
██ ██ | | ███████████████████████████ ███████████████████████████ ██████ ██████ ██████ ▄████▀ ██████ ██████▄▄▄███▀ ▄█ ██████ ██████████▀ ▄███ ██████ ████████▀ ▄█████▄▄▄██████ ██████▀ ▄███████▀▀▀██████ ██████ ▀▀▀▀▀▀▀▀▀ ██████ ██████ ██████ ███████████████████████████ ███████████████████████████ | . Backed By ZetaChain | | ██ ██
██ ██
██ ██
██ ██
██ ██
██ ██ | | | | ██ ██
██ ██
██ ██
██ ██
██ ██
██ ██ | | | |
|
|
|
tippytoes
|
|
November 02, 2019, 10:59:36 PM |
|
It's a never ending game if you could alter the deadline due to more player is joining your game. I can sense that you have the control of who's the winner you wanted to win. It's just unfair to make something like this without a clear picture of who would be the winner because you can alter the result if you do so. Just think about it if you put a timer on when would you end it, do you think that more player will join before the deadline?
I too had the same thinking, with this game if the expected slots hasn't reached by the scheduled time, surely the authority will try to extend the time provided. This will manipulate the winner according to the organizer. There can be Alternate plans, but all those need to be executed at the right time. They will extend the deadline to get more money. Pretty simple! Are there still players willing to play in this kind of game? Just by looking at his website, I won't send any dime on my end. This is just money-grabbing scheme from naive users. Even a third grader can create that kind of game and maybe design a better UI.
|
|
|
|
pakhitheboss
|
|
November 02, 2019, 11:56:07 PM |
|
So, the games end with the last man entering the game and that last man gets the entire pot. This is a never ending game cause the deadline gets extended with the last man. Why would anyone play this game when no one know when this game ends. I am not sure if it falls under a Ponzi scheme. I think it would be right to call it a scam.
|
|
|
|
happypsyduck (OP)
Jr. Member
Offline
Activity: 90
Merit: 1
|
|
November 03, 2019, 06:26:59 AM |
|
So, the games end with the last man entering the game and that last man gets the entire pot. This is a never ending game cause the deadline gets extended with the last man. Why would anyone play this game when no one know when this game ends. I am not sure if it falls under a Ponzi scheme. I think it would be right to call it a scam.
This is a lottery game, someone will eventually win when no other person enters the game. When you play a normal lottery, your odds of winning are low but you don't call it a scam because you didn't win.
|
|
|
|
adaseb
Legendary
Offline
Activity: 3752
Merit: 1709
|
|
November 03, 2019, 06:42:01 AM |
|
I didn't look at the ETH smart contract or verify it, but I am sure you can easily hire some 3rd party developer who can do an audit. This isn't the issue.
The problem is that this type of game is mostly geared towards the one who has more money. Basically any large whale can code some bot which will keep sending money to the pot until they are the winner. Eventually all the little guys will run out of funds and only the richest whale will be left standing. Not really fair in my opinion. Its also not really considered gambling.
I think they got this idea from all those Youtube videos where you can keep a car if you are the last person sitting inside it after the other players get tired and exit. Don't remember the name but I think the channel was called "MrBeast" but they didn't risk anything except their time. This game is different.
|
|
|
|
MonsterV
Legendary
Offline
Activity: 2212
Merit: 1008
|
|
November 03, 2019, 07:46:23 AM |
|
So, the games end with the last man entering the game and that last man gets the entire pot. This is a never ending game cause the deadline gets extended with the last man. Why would anyone play this game when no one know when this game ends. I am not sure if it falls under a Ponzi scheme. I think it would be right to call it a scam.
This is a lottery game, someone will eventually win when no other person enters the game. When you play a normal lottery, your odds of winning are low but you don't call it a scam because you didn't win. Meaning this lottery game is not intended for small players, because it will end in vain for them. And I'm also not sure, the whales will play games like this because they are not that stupid to play on a scheme like this. This game will continue without interruption and the time limit will continue to be extended, I'm not sure the whale will be willing to play that long.
|
|
|
|
Haunebu
|
|
November 03, 2019, 08:29:11 AM |
|
Firstly, crypto lotteries are not really a big thing when compared to their FIAT alternatives op. Secondly, you are simply providing a different version of a lottery(May or may not be a scam) where the odds of winning are drastically low.
On top of all this, how do you justify increasing the ticket price based on when the participant enters since the deadline continues extending indefinitely?
|
|
|
|
ryzaadit
Legendary
Offline
Activity: 2450
Merit: 1228
|
|
November 03, 2019, 09:33:01 AM Last edit: November 03, 2019, 09:45:50 AM by ryzaadit |
|
Each time a person enters the game, the deadline is potentially extended based on how close that person is to the deadline Never-ending lottery I know a lottery-based number really had a low chance, however this lottery game also had a low chance too that's why went i play lottery i choice a lottery using a ticket instance a number. About your lottery you should not extend the deadline roll, went every time new user joined if you keep extended the deadline then the lottery will always get extended and never roll the lottery. Since the winner chosen by the last user who enters the lottery, some users can also use a bot every time an entry comes into the pools (Example like trading bots, went we put an order above him then the bot will change automatically above your order).
|
|
|
|
happypsyduck (OP)
Jr. Member
Offline
Activity: 90
Merit: 1
|
|
November 03, 2019, 01:08:34 PM |
|
Firstly, crypto lotteries are not really a big thing when compared to their FIAT alternatives op. Secondly, you are simply providing a different version of a lottery(May or may not be a scam) where the odds of winning are drastically low.
On top of all this, how do you justify increasing the ticket price based on when the participant enters since the deadline continues extending indefinitely?
So the lottery cost increases as more people enter the pool. It is not based on a time element. Simple FOMO - 118 Hours remain before the last player wins 2.0039 ETH
|
|
|
|
Oilacris
|
|
November 03, 2019, 02:32:48 PM |
|
It's a never ending game if you could alter the deadline due to more player is joining your game. I can sense that you have the control of who's the winner you wanted to win. It's just unfair to make something like this without a clear picture of who would be the winner because you can alter the result if you do so. Just think about it if you put a timer on when would you end it, do you think that more player will join before the deadline?
A never ending game for sure with this kind of rule I have read up into their site. •The initial extension time is 10 minutes. Each entry increases the extension time by 0.5 seconds.Of course people will always aim for that last spot and adding up the duration as time progresses.
|
|
|
|
Dabs
Legendary
Offline
Activity: 3416
Merit: 1912
The Concierge of Crypto
|
|
November 03, 2019, 03:03:16 PM |
|
The whales who have bots will win then. It's now a battle of how much they are willing to put in, or how much the hot wallet of their bot has, as near the end, it will be one whale bot after another whale bot who fights to be the last player. You'll also see some bots doing multiple transactions one after the other just to try to be sure they are the last one in, as I'm guessing the winner is still determined by successful transactions included in the final block.
|
|
|
|
|