It seems to me that many members of the forum have outdated concepts about the Ponzi scheme. In order to conduct a dialogue in the right direction, we must first give a clear concept of what the Ponzi scheme is. And where, besides financial pyramids (as this market was dubbed), is it still used at the state level?
Only after that, it will be possible to scatter the terminology of Ponzi and brand everything in a row.
US Dollar - Ponzi Scheme?
https://333eth.io/ is a ponzi scheme. You can deflect all you want on other projects such as the US dollar, it really does not make your project any more legitimate.
And for the record. US$ are not (part of) a ponzi scheme imo.
US Dollars are backed by future taxes on future US GDP, be it in gold or in US Dollars. The independent Fed also sets Monetary Policy so that we have a very controlled 2% inflation target and a healthy economy with low unemployment.
Your service has none of that. Except a referral system and the following interest;
The calculation of your interest is in equal parts every 10 minutes, totaling 2%-3.33% daily from the sum of all of your investments in the smart contract.
I get 3.33% a day, spreaded over 144 payments a day? (1 payment every 10 minutes?). That together with compound interest seems ABSOLUTELY ridiculous, and 100% unsustainable?