Post
Topic
Board Altcoin Discussion
[Meme/Satire/Joke Coin] POWH3D developer debunks..
by
JuniAiko
on 14/04/2018, 19:22:42 UTC
Watch Video at:
https://www.youtube.com/watch?v=4YkMXoOxQq0 (before commenting) Wink

Addressing the concerns such as potential of an "exit scam", how in reality POWH is in fact the opposite of Bitconnect (i.e. distribution of fees is not paid to early adopters but equally shared to everyone still with a stake in the game) and more like yet another crypto-game like CryptoKitties.
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Everything about POWH cracks me up! ^~^ Nicely played to the peeps who developed POWH! The "3D" bit is especially a nice added touch!
Btw, https://powh.io/?masternode=0x4c4bd6409b4db326ee4fd00c2155817f9fe08291

The concept is pretty brilliant too, which I see a crypto-game (poking fun at BitConnect and the likes, and no different to say CryptoKitties) with simple rules that participants all understands what they are getting themselves into, w/o the risk of a sudden exit scam (beware of dodgy clones). =D The current developers are experienced crypto-programmers that have build POWH from the grounds up, and did their best to prevent hacks.

Once can think of POWH as a form of variable interest (nothing promised) fixed deposit. Penalty applies if one prematurely exits before a self-determined "target" is reached.

POWH3D needs an announcement of an announcement of a MAGA openly-imaginary partnership that will only be announced if the marketcap of P3D reaches 3-billion USD! ^~^

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This video discusses why the SEC wouldn't be able to shut down https://www.youtube.com/watch?v=0HA8aTfB2TM
Since it is an ERC20 token, even if their website is shut down, anyone can still continue to interact with the contract; and there are already 3rd-Party "exchanges" being made available (use with caution).

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From the way I see it, P3D is simply like a fix-deposit to entice people to hold their ETH (as P3D tokens) within the Ethereum ecosystem; at least (hopefully) until the 10% in and 10% out in fees are recovered from bonuses received from other transactions. An important point to note is the those bonuses is not paid out as P3D token, but the developers chooses to distribute fees to participants as ETH; which the system then leaves the individual to decide if they wishes to withdrawn or re-inject them into their P3D stake.

Proof of Weak Hands (POWH3D) - Honest Review & Lead Developer Chat
https://www.youtube.com/watch?v=rPrk9n9PuoU