So you right most reals Madoff's investors lost money.

We decided to call the dapp Madoff's game as a wink to the fact losing players win a part of new player's money as in Madoff's fund he pay earnings to first investors with new investors money.

In our game too some players will lost money for sure, once the jackpot get hit, ( except the winner ofc ) all purchase shares from the previous level ( or two if game goes far ) are going to lose some to most of their betting money (depending on how close they play from the jackpot winner).

This is the main difference with real madoff's scam : our game is a gambling dapp and not a ponzi hedge fund.
We don't lie to players by guarantying them an ROI and we try to keep new players interest by having a jackpot.





I didn't know fomo3d, but I just read about (I'll keep doing so, a lot of content).


So you right gameplay is very similar, few differences from what I understand yet : first one your winnings ( from new players bets ) are not lock in the contract you can withdraw them at anytime even if jackpot is still ongoing. ( some players already had done so btw ).

Also another difference seems to be the steps with the "give back" it generate to losing players, in our game, once you lose it take between 1 to 2 steps to get fully refunded so seems in our game it is a lot quicker to win ROI on losing shares.

Finally if this article is right : https://medium.com/coinmonks/how-the-winner-got-fomo3d-prize-a-detailed-explanation-b30a69b7813f
We should not be vulnerable to this kind of attacks thanks to tron network, this doesn't mean we are not vulnerable to other kind of attack. I need do dig deeper into this.


But for the most part our gameplay is indeed based on same mechanism. From what I read they go pretty far, let's hope we will have the same success.