Obviously promoting some Ponzi scheme and OP still arguing that this isn't a promotion.
Letting people join the system because of a prize pool is considered as promoting.
There are no winning on round #1 and round #2 so it means this promotion will keep going and keep bumping.
Check this thread here:
https://bitcointalk.org/index.php?topic=5192283.msg52776733#msg52776733Thanks for letting us know.
I don't know if you have read this thread but before I have joined this promotion I asked questions about it and looks like we are safe because we have done nothing wrong and nobody is supporting, advertising or promoting this service. I just wanted to try them out with the free money to be able to confirm or deny this scam accusations. Nothing more.
Participants are not going to be red trusted. This makes absolute no sense. Red trust is for scammers ,not for their victims...
I mean if users support this Ponzi scheme. Not the ones who joined this promotion.
Some members got red trust because of supporting this Ponzi scheme.
Ponzi schemes are known to be a scam prone investment.