Quote from: ramencoin on March 24, 2018, 10:00:29 AM

I asked about your team because you label yourself as an exchange which means:

You must meet certain requirements to operate in the United States (whether or not your HQ is in the United States) your exchanges does not prohibit US citizens from participating. Do you have an SEC registration number for your securities if you are allowing US Citizens to trade on your exchange.

In your discord your "team" is accessible but we do not know who you are. Asking people to use your exchange without showing the identity of your team lacks transparency. What system do you have in place to reimburse investors in your exchange if your contract is hacked or malicious code is entered into your website to have individuals deposit funds into another contract without their knowledge?

These are not FUD questions, these are legitimate questions. Given the nature of MLM websites stealing funds from its users like Bitconnect, Falconcoin, Hextracoin, Davor and others, these are things you should transparently explain when advertising your exchange to potential investors.

Also, it seems based on your contract that your team has the ability to manipulate the value of P3D. If I am incorrect, please explain how the price of P3D is determined.

From the outside, it seems your site is a smart contract version of the other Ponzi/Scam sites. Again, if I am incorrect please provide information that explains otherwise.

You have a nice project but calling yourself an exchange and allowing people to invest without adhering to SEC and other regional laws puts your platform and its investors at risk.

Quote from: PoWH3D on March 23, 2018, 02:10:36 PM

Quote from: ramencoin on March 23, 2018, 01:43:38 PM

Who controls the smart contract? Is it multiple owners? Where are the funds stored that people use to buy into your pyramid investment. It's important to know these things.

The "Funds" are on the Ethereum Blockchain in the contract address, that is where they are stored. There is no "Wallets", only THE contract address, and the personal contract addresses of P3D token holders, of which they control the private keys.

As you can see from the FAQ's above the rest of these questions you have asked are already answered for you, here it is again for you in case you missed it.

While it's possible to program rules into a smart contract to allow some editing. The only features the developers made editable are the name of the token and the price of the masternode feature.

The development team intentionally did not program in a way for them to access the Eth or tokens in this game. It is run entirely 100% autonomously by the code you can read open-source on the smart contract. No humans are allowed to or even able to intervene. Period.

Quote from: ramencoin on March 23, 2018, 01:43:38 PM

People claim that no one owns the contract but the contract was deployed from the creator. Does the creator of the contract have the ability to withdraw all funds at once?

There is no claim that "no one owns the contract", obviously the Developers created it and therefore own it, however once it is deployed ownership does not come into play as there are rules within the contract to prevent any altering, or tampering/accessing funds. Neither the Developers or anyone else can alter/change/manipulate the Smart Contract once it is deployed, it is immutable and entirely autonomous.

Further to that, the Smart Contract and what is written into it is there for all to read, it is totally transparent so if you want someone who knows about coding to run over it feel free, there is nothing to hide, it is all out in the open. Here is the link to the Smart Contract, click on the "Contract Source" to see the actual code. https://etherscan.io/address/0xb3775fb83f7d12a36e0475abdd1fca35c091efbe#code

Quote from: ramencoin on March 23, 2018, 01:43:38 PM

Who is the team behind this project? Do you intend to be transparent given the fact you are technically an exchange operating in the United States?

Thanks for responding.

The team of Devs are on the Discord, if you want to speak to them personally feel free to drop by the channel and they will communicate directly with you. And we are not operating in the United States, nor is that relevant.

The Token, the Exchange, and the Blockchain are all Decentralized, we are operating wherever you have an internet connection. Wink

Thank you for your questions.

Those are really reasonable things to bear in mind. Looking forward to a statement from PoWH3D about the concerns you listed. Will surely wait for that, before I buy in.

What was the starting price per token? now its 0.00688 ETH.