Topic: [3.3% Daily] Decentralized HYIP Based On Ethereum SMART-CONTRACT (Read 1652 times)

Hi,

Just wanted to ask if someone is regularly executing the performPayouts function, else it is stupid to send any money, as no one will get any returns!!

Hi theFunction,
I have read your code and I must say that it is extremely weak.
You never check the balance of the contract, so sooner or later the sends in  performPayouts will start to throw exception, causing a denial of service to your app. Which means, freezing all  the  money left.

Then, it is vulnerable to several attacks. For instance,  a player could create a contract to  send to you a very small amount of ether (since there is no minimal amount), whose fallback function contains a throw. In this way, function performPayouts would throw exception at line 105 and your app will  never *ever* send payouts  out again. The remaining ether would  be frozen forever. I was wondering why no one of the players  realized this.
But, to be fair,   players did not even realize that  it would take at least 30 days to see the initial investment back (**if** people  kept on playing). Which is never the case for Ponzi schemes, not even now. People have already stopped and soon there would be no more money left on the contract.   I suspect players cannot do their math.

theFunction work!
https://etherscan.io/address/0x4fb663c1616bfe80b5b6d5a214efa81d5a121801#internaltx

The balance exceeded 1000$, For See new Payot click to link!
https://etherscan.io/address/0x4fb663c1616bfe80b5b6d5a214efa81d5a121801#internaltx

The administration moved the topic to this section.

if you want open hyip site, you can post in game around section
in here only announcement coin
if you want announcement coin and ico selling you must explain detail youre coin total suply, price in ico selling and more

New payouts from contract! theFunction works!
https://etherscan.io/address/0x4fb663c1616bfe80b5b6d5a214efa81d5a121801#internaltx

 Internal Transactions as a result of Contract Execution
  Latest 25 Internal Txns from a total of 73
View All
ParentTxHash    Block    Age    From       To    Value
0xe88e98d35a4c8512f31cefb6d7b568af559879c9ea11d767a32a617c84734403   3597169   1 hr 55 mins ago   0x4fb663c1616bfe80b5b6d5a214efa81d5a121801      0x20daa3dc58d44b0044b9664812347c4ca9720140   0.064312700452004627 Ether
0xe88e98d35a4c8512f31cefb6d7b568af559879c9ea11d767a32a617c84734403   3597169   1 hr 55 mins ago   0x4fb663c1616bfe80b5b6d5a214efa81d5a121801      0x3ecfceb33aa98d6f56a9bb3b3e5dbf5b83fca706   0.064312700452004627 Ether
0xe88e98d35a4c8512f31cefb6d7b568af559879c9ea11d767a32a617c84734403   3597169   1 hr 55 mins ago   0x4fb663c1616bfe80b5b6d5a214efa81d5a121801      0xc3b1e3eb3c34afd6cba6e772a0c84bbf8c123807   0.033 Ether
0xe88e98d35a4c8512f31cefb6d7b568af559879c9ea11d767a32a617c84734403   3597169   1 hr 55 mins ago   0x4fb663c1616bfe80b5b6d5a214efa81d5a121801      0x54dae0bcedcd5fc1a2208230bdd8e1dcc4c8da0a   0.00264 Ether
0xe88e98d35a4c8512f31cefb6d7b568af559879c9ea11d767a32a617c84734403   3597169   1 hr 55 mins ago   0x4fb663c1616bfe80b5b6d5a214efa81d5a121801      0x4b1d35ea2bd07a8d380bf14020dce68968978297   0.00316245139782 Ether
0xe88e98d35a4c8512f31cefb6d7b568af559879c9ea11d767a32a617c84734403   3597169   1 hr 55 mins ago   0x4fb663c1616bfe80b5b6d5a214efa81d5a121801      0x1af4cb064c9dda7d33e6abb2da405e7339da548f   0.016436673924 Ether
0xe88e98d35a4c8512f31cefb6d7b568af559879c9ea11d767a32a617c84734403   3597169   1 hr 55 mins ago   0x4fb663c1616bfe80b5b6d5a214efa81d5a121801      0xdf0e1603070c4ae5753c100959d0209660085503   0.001629850794 Ether
0xe88e98d35a4c8512f31cefb6d7b568af559879c9ea11d767a32a617c84734403   3597169   1 hr 55 mins ago   0x4fb663c1616bfe80b5b6d5a214efa81d5a121801      0x3048bf4c0b9c9ba7b4e86f853b95c2945f701877   0.099 Ether
0xe88e98d35a4c8512f31cefb6d7b568af559879c9ea11d767a32a617c84734403   3597169   1 hr 55 mins ago   0x4fb663c1616bfe80b5b6d5a214efa81d5a121801      0x3886efa6334eaf0881e096f448a683ca72937cf0   0.00984243084 Ether
0xe88e98d35a4c8512f31cefb6d7b568af559879c9ea11d767a32a617c84734403   3597169   1 hr 55 mins ago   0x4fb663c1616bfe80b5b6d5a214efa81d5a121801      0xac58079aa83277837fbd5df5dc7e49829e96008a   0.000309850794 Ether
0xe88e98d35a4c8512f31cefb6d7b568af559879c9ea11d767a32a617c84734403   3597169   1 hr 55 mins ago   0x4fb663c1616bfe80b5b6d5a214efa81d5a121801      0x20daa3dc58d44b0044b9664812347c4ca9720140   0.0033 Ether
0xe88e98d35a4c8512f31cefb6d7b568af559879c9ea11d767a32a617c84734403   3597169   1 hr 55 mins ago   0x4fb663c1616bfe80b5b6d5a214efa81d5a121801      0x4b1d35ea2bd07a8d380bf14020dce68968978297   0.00023481018 Ether

New payouts from contract! theFunction works!
https://etherscan.io/address/0x4fb663c1616bfe80b5b6d5a214efa81d5a121801#internaltx


Internal Transactions as a result of Contract Execution
  Latest 25 Internal Txns from a total of 49 View All
ParentTxHash   Block   Age   From      To   Value
0x8ba595cfe728222520c02b09ff5898ab90438848b0125a1e834a703285922d05   3585730   1 hr 6 mins ago   0x4fb663c1616bfe80b5b6d5a214efa81d5a121801      0x20daa3dc58d44b0044b9664812347c4ca9720140   0.075989399944261674 Ether
0x8ba595cfe728222520c02b09ff5898ab90438848b0125a1e834a703285922d05   3585730   1 hr 6 mins ago   0x4fb663c1616bfe80b5b6d5a214efa81d5a121801      0x3ecfceb33aa98d6f56a9bb3b3e5dbf5b83fca706   0.075989399944261674 Ether
0x8ba595cfe728222520c02b09ff5898ab90438848b0125a1e834a703285922d05   3585730   1 hr 6 mins ago   0x4fb663c1616bfe80b5b6d5a214efa81d5a121801      0xc3b1e3eb3c34afd6cba6e772a0c84bbf8c123807   0.033 Ether
0x8ba595cfe728222520c02b09ff5898ab90438848b0125a1e834a703285922d05   3585730   1 hr 6 mins ago   0x4fb663c1616bfe80b5b6d5a214efa81d5a121801      0x54dae0bcedcd5fc1a2208230bdd8e1dcc4c8da0a   0.00264 Ether
0x8ba595cfe728222520c02b09ff5898ab90438848b0125a1e834a703285922d05   3585730   1 hr 6 mins ago   0x4fb663c1616bfe80b5b6d5a214efa81d5a121801      0x4b1d35ea2bd07a8d380bf14020dce68968978297   0.00316245139782 Ether
0x8ba595cfe728222520c02b09ff5898ab90438848b0125a1e834a703285922d05   3585730   1 hr 6 mins ago   0x4fb663c1616bfe80b5b6d5a214efa81d5a121801      0x1af4cb064c9dda7d33e6abb2da405e7339da548f   0.016436673924 Ether
0x8ba595cfe728222520c02b09ff5898ab90438848b0125a1e834a703285922d05   3585730   1 hr 6 mins ago   0x4fb663c1616bfe80b5b6d5a214efa81d5a121801      0xdf0e1603070c4ae5753c100959d0209660085503   0.001629850794 Ether
0x8ba595cfe728222520c02b09ff5898ab90438848b0125a1e834a703285922d05   3585730   1 hr 6 mins ago   0x4fb663c1616bfe80b5b6d5a214efa81d5a121801      0x3048bf4c0b9c9ba7b4e86f853b95c2945f701877   0.099 Ether
0x8ba595cfe728222520c02b09ff5898ab90438848b0125a1e834a703285922d05   3585730   1 hr 6 mins ago   0x4fb663c1616bfe80b5b6d5a214efa81d5a121801      0x3886efa6334eaf0881e096f448a683ca72937cf0   0.00984243084 Ether
0x8ba595cfe728222520c02b09ff5898ab90438848b0125a1e834a703285922d05   3585730   1 hr 6 mins ago   0x4fb663c1616bfe80b5b6d5a214efa81d5a121801      0xac58079aa83277837fbd5df5dc7e49829e96008a   0.000309850794 Ether
0x8ba595cfe728222520c02b09ff5898ab90438848b0125a1e834a703285922d05   3585730   1 hr 6 mins ago   0x4fb663c1616bfe80b5b6d5a214efa81d5a121801      0x20daa3dc58d44b0044b9664812347c4ca9720140   0.0033 Ether
0x8ba595cfe728222520c02b09ff5898ab90438848b0125a1e834a703285922d05   3585730   1 hr 6 mins ago   0x4fb663c1616bfe80b5b6d5a214efa81d5a121801      0x4b1d35ea2bd07a8d380bf14020dce68968978297   0.00023481018 Ether

I will keep a close eye on the project and consider daily payments, after which cyclically give advertising. There are a lot of sites and ad networks for HYIP advertising. The main simple thing is that new investments should cover daily payments(but even without new investments project can live enough long time), there is no need for sharp jumps in investments, it is not such a difficult rule for long-term work.

Sounds like a hyip Ponzi. Just using ethuim chain and other legit things to muddy the waters so it's not a blatant scam attempt. How you gonna give me almost 4% per day ? So in a month I'll double my money and then some. Sounds fishy.

First payouts from contract available here: https://etherscan.io/address/0x4fb663c1616bfe80b5b6d5a214efa81d5a121801#internaltx

Because theFunction is not an ordinary HYIP project, but an absolutely decentralized HYIP based on a smart contract, the administration will not make a "scam" when it gains the necessary amount, you can check that no one has access to the balance of the contract. (every one affraid  HYIP because SCAM)

All statistics are completely open, it is on the blockchain, with simple calculations it is possible to understand whether it is a good time for investments or not.

If you heard that the pyramid schemes are bad, it does not mean that you can not earn on them, like any high-risk investments they are ready to bring a good income. If the contract works more than 30 days, then you get a profit.
But we kindly ask not selling, a car and putting money on a contract. You need to control your risk, and choice right bet for yourself.

It is a very simple logic “investment”. I mean it has HYIP in the freaking name.
What could you even explain to people to bring their Money to your website to lose ? I mean if you are telling people that you are a HYIP a Ponzi, why would anyone ever invest with you to begin with ?

Strangely, I always believed that gambling and risks are almost synonymous. Probably it's all because  i am just crazy  

But if it's serious, please read the title of the section on gambling (bitcointalk.org) , in the previous post I already quoted it. But especially for you, I will do it again with respect.

No matter the explanation, the fact that the site is promising a particular return makes it one. A gambling site does not promise a fixed return what it does to prepare and present a fair playing ground where one can make a run for his or her resources but with this, it negates what gambling stands for to the best of my understanding of what gambling is all about.

1. No, they are not gambling because involves risk, are you crazy?! Read and learn the difference between these 2 and don't try to mislead people.
2. Yes, we know that is a Ponzi...
3. HYIP have the standard scheme (?) and you don't? Lmao, you just admit that you are a HYIP!

This Thread of yours needs to be moved to Investors-Based games.
Even if this is not the real place that you have to move your "gambling" Thread...

1. About topic in Gambling - "Gambling and all "investments" that are so risky they might as well be gambling (HYIPs, pyramid schemes, etc.)"
2. All money pays from the smart-contract and not from the administrator.
3. HYIP have the standard scheme, on our website is described -Every payment in the project is formed as a result of new investments.

if it has HYIP in the topic name,what the hell is this doing in Gambling?
besides,the usual question:how do you plan to earn money to be paying 3.3% daily or 100% a month to "investors"
there is not a single word about it in your post

Earns investors and creators, especially those who invested in the early life of the project (today as you can notice the day of the creation of the contract). Tomorrow you will be able to see payments from Smart-Contract (https://etherscan.io/address/0x4fb663c1616bfe80b5b6d5a214efa81d5a121801 )

Investors earn 3.3% daily
Creators receive daily 3.7% of the balance amount - most of the funds are required for project advertising, good advertising = long-term contract work.

Are you saying that you earn 3.3% interest per day, but site commission is 3.7% per day of the invested amount?? So everyone would in fact be losing money?

thefunction.io
Earn 3.3% From your Deposit Daily, with Ethereum Smart-Contract

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About Project:

theFunction.io is an Ethereum blockchain platform based investment project using smart contract in its operations.

A smart contract holds every deposit on its balance sheet and makes contributions of payments according to the conditions under specifications.  

The contract is executed in a predefined manner with no subject to modifications. At the same time, the contract code, its balance and the list of transactions are made available to the public and anyone can check them.

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Terms:

Making an investment in the Function will earn you a 3.3% daily interest of the deposits you make. You will earn from the investment through interest income which is paid by a smart contract every day to your Ethereum wallet.

The daily project commission is 3.7% of the contract balance amount. Investments will be made from the commissions through project adverts.

Our interest is also on the long-term work of the contract because it is through these long-term engagements that we make proceeds.

The contract lacks deposit return function. This is because it is impossible to create a fully decentralized project with a return function as such function exhausts the entire balance of the contract within the first month of payments. Our choice is aligned to the decentralization and subsequently creating a stable income for our investors.

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Differences:

Transparency
The contract fully corresponds to every information that the site indicates. The terms for the smart contract, every investment and payments are available to the public and can be verified any time.

Reliability
The smart contract code is stored in Ethereum and cannot be modified. Terms as well cannot be modified by anyone, even by the creators.

Punctuality
As an Ethereum member, you can call the PerformPayouts function from which you will receive payments of your investments regardless of our will. Without its call, we will not receive payment, either, so do not worry.

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How to get started?

On our site you can find very detailed guide

thefunction.io

Also don't forget read our FAQ
Payouts from contract here: https://etherscan.io/address/0x4fb663c1616bfe80b5b6d5a214efa81d5a121801#internaltx

Verify theFunction on https://etherscan.io/address/0x4fb663c1616bfe80b5b6d5a214efa81d5a121801#code

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