POWH3D: The first decentralized pyramid scheme
You believe in a bright future for cryptocurrencies right?
With POWH3D you will be able to invest in crypto and take a fee everytime someone will join or leave this market. You can call them dividends. Amazing Ethereum dividends each hour.
But how POWH3D works?
DECENTRALIZED EXCHANGE
You can buy or sell P3D only in one exchange. The exchange itself is a smart contract. Scam proof, Hack proof, Weak hands proof. Check the source codeCLEVER FEES STRUCTURE
Every trade, buy or sell, has a 10% flat transaction fee applied. This fee is split between all currently P3D token holders forever!WITHDRAW ANYTIME
That Smart contract holds all ethereum ever put into purchasing these tokens, and will give you all ethereum you are owed whenever you want to withdraw.
The value of the token follows a mathematically defined formula so it can be easily predicted.
POWH3D started as a joke stating that you will lose the money you invest because every ponzi or pyramid dies eventually. But the project got so much hype lately and currently having the biggest daily users metric of every decentralized app (Dapps)!
At the time i'm writing this we have a total number of 11589 ETH in the smart contract.
Putting some ETH in this beast is very risky, but I can see in a bright future in the short term for this project.
Like Cryptokitties did in the past months!
Here you can find the POWH3D home page: LINK
See you guys!
theDeepAnalyst
Congratulations @thedeepanalyst! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!