....
It is made for an endless bull market and an infinite rise....
Hello theholycoin, Your optimism is nice, but...
That exact phrase quoted above sounded really familiar, and it took a bit of effort to remember. Here it is, an example of something else, "historically famous" which
also promised to rise forever:
Stock Generation was a Ponzi scheme operated by SG Ltd. that operated on the Internet from 1998 to early 2000. Stock Generation allowed people to trade "virtual companies" using real money and promised unsustainably high returns on investment. ~Wikipedia
I understand your concerns. Free cheese is in the mousetrap. However, be sure that your concerns are not prejudiced.
You are right about the Ponzi scheme. From the potato market to the dollar, euro, and crypto market... All tradeable meta and all currencies in the world act like a Ponzi scheme. When new demand(new users) comes, old buyers make money with the pump; otherwise, the system collapses. Old users become whales over time and use new users as a source of income. This is where Risy DAO comes in. Its anti-whale and fair distribution mechanics make it impossible for old users to exploit new users’ investments. At the same time, the 10% mechanic ensures that the chart never sees a dump by maintaining a 10:1 demand-to-supply ratio.