Quote (tonerbond @ Apr 2 2018 06:13pm)
Take a few minutes to read this:
https://powh3d.hostedwiki.co/pages/FAQ#is-powh3d-a-type-of-pyramid-or-ponzi-scheme By any definition, P3D is neither a pyramid or a Ponzi. That's the point, it's the literal reverse of what every lending platform says. They claim to be real but are a pyramid. We satirically claim to be a pyramid but in fact are a complete legit cryptocurrency that is ironically one of the fairest and most distributed to date.
Is this a scam like Bitconnect or Davor?
An understandable question given there are a lot of scams in cryptocurrency. You are probably familiar with scam-like operations like Davor and Bitconnect. The important thing to remember is that:
No Pre-mine. Scamcoins generally have big pre-mines where developers take a huge amount of coin for themselves. P3D has no pre-mine.
No Exit Scams. Scamcoins generally involve shady anonymous site owners holding your money while you "earn". These owners could take your money and exit scam you at anytime. P3D has no one controlling your money, the exchange is entirely operated by an Ethereum open-source smart contract which cannot be changed! Owners here cannot take any Ethereum you put into the contract, even if they wanted to.
No Promises. Scamcoins usually make false promises about guaranteed returns or other claims of ROI which cannot be sustained. P3D makes literally no promises and is completely open and transparent about the mechanics of the system.
In short, this P3D exchange is not fradulent in any way. This is a unique exchange powered by a smart contract which taxes all transactions (buy, sell, transfer) in order to pay out earnings to all token holders! The developers keep no extra fees beyond the tokens they themselves hold.
Im not shilling anything, just at least read about it, its just going to take a couple of minutes.
This post was edited by Golden_Order on Apr 2 2018 09:23pm