PROOF OF WEAK HANDS [PoWH3D] - SIGN UP NOW!OVERVIEWA decentralized economic simulation of an algorithmically governed cryptocurrency in which the taxes on all transactions are autonomously awarded to currency owners instead of a governing body; resulting in a universal passive income based on adoption and transaction volume.
PoWH3D is a fiction-made-real blockchain enforced simulation of self-removal from pareto optimality; an economic concept in which there is no longer a way for an allocation of resources to improve without harming a participant of the model. In this case the harm is intentionally self-imposed due to a lack of patience against other opponents, or as an entry fee to start playing the game.
The result of this experiment in human temperamentality is a mutually beneficial agreement for all other participants in the model based on the decision of others to break pareto optimality by entering, or leaving the contract. The most uniquely expressed benefit is in the form of passive-ethereum income generated by fees imposed on other players liquidating their own positions into, or out of the game. These fees are distributed to token holders as a form of share-based return. The resulting volume-based income adds an expressive third dimension to the standard price/time calculations that are ubiquitous in cryptocurrency today.
PROOF OF WEAK HANDS [PoWH3D] - SIGN UP NOW!FAQ'S1). What is the Powh3D Project?Powh3D is a tokenized three dimensional economy simulation that runs entirely off the Ethereum blockchain via a smart contract.
2). What is a Smart Contract?A Smart contract is a set-in-stone piece of programming language that was submitted to the Ethereum (Eth) network upon launch of our token. The smart contract handles all Eth and tokens autonomously without any form of human input, and its calculations and functions are confirmed across thousands of computers across the world before they are run.
3). Can You edit this game now that it's running? While it's possible to program rules into a smart contract to allow some editing. The only features the developers made editable are the name of the token and the price of the masternode feature.
4). Do Developers have access to the wallet, or funds?*The development team intentionally did not program in a way for them to access the Eth or tokens in this game. It is run entirely 100% autonomously by the code you can read open-source on the smart contract. No humans are allowed to intervene. Period.
5). How is this token run without developer interaction?Generally an ERC20 Token is created through a smart contract with a set supply under developer control then sold through an external ICO to users interested in the currency, most trades and transfers for the token then occur outside of the smart contract, usually on an exchange.
P3D Tokens are managed entirely on the smart contract, the purchasing process creates the tokens and puts the funds directly into the contract. The selling process melts those tokens down and returns the funds to the seller directly. Because of the unique way that this process works, the token can function under unique rules not possible on other cryptocurrencies.
6). What unique features does the token have?P3D Tokens operate under a perfect economic simulation in which all transactions (buy/sell/trade) are taxxed 10% automatically. Since the smart-contract operates its own exchange and the token is autonomous, these fees are automatically split up and rewarded to all token holders instead of a centralized governing body. Simply put, each token grants you a stake of 10% of all volume the cryptocurrency experiences.
7). How do I play?Playing Powh3d requires you install metamask. It's an addon for your web browser that makes managing an ETH wallet extremely simple. Follow the instructions it provides very carefully and absolutely make sure you back up your seed key somewhere safe. After that, simply transfer eth into the address metamask gives you as your own account and visit our exchange and hit "Buy". The rest is left to how strong your hands are.
8 ). Was there a pre-Mine?No. The Contract was written to allow the two main developers to be able to purchase 1 ETH worth of P3D upon inception and 20 advisors were allowed to purchase 1 ETH worth of P3D only. You can see the total token distribution here.
https://exchange.powh.io/global-statistics9). My Question is not answered here, how can I find out more?Visit our community on our Discord channel which is very active 24/7 with the Developers being online most of the time. You can visit the Discord here
https://discord.gg/wfG97KtFurther to that, please note we will not be checking in here regularly, if you have a question please visit us on the Discord and we will happily address any queries you may have. Wink
10). Was there an ICO?No. We currently have over 1,850 ETH in Contracts simply through word of mouth. No money was raised from the General Public and the Developers funded the entire project.
ABOUT THE P3D TOKEN AND CONTRACTToken Type: ERC20 Token
Token Name: PoWH3D
Token Ticker: P3D
Token Contract Address:
https://etherscan.io/address/0xb3775fb83f7d12a36e0475abdd1fca35c091efbeFURTHER INFORMATIONSome Unofficial Youtube Videos Explaining PoWH3D
https://www.youtube.com/watch?v=IZDph8OQxschttps://www.youtube.com/watch?v=ur4xERIpKQQAlso please keep in mind the following points:This is NOT a lending platform.
Everything is Automated via the Smart Contract.
You will constantly receive payments which you can then withdraw without penalty or if you so choose to, reinvest.
If you have more than 5 P3D tokens in your contract address you are running a Masternode and you can earn by sharing the link for your Masternode if someone uses it to make a purchase.
There is no bounties but if someone wishes to translate we would appreciate it.
Even if the PoWH3D website was down/hacked/removed you can STILL access your funds using MetaMask and EtherWallet the Youtube Videos below explain this.https://www.youtube.com/watch?v=81ADUCGEpCAhttps://www.youtube.com/watch?v=IZDph8OQxscPROOF OF WEAK HANDS [PoWH3D] - SIGN UP NOW!
NO HUMANS ALLOWED!PROOF OF WEAK HANDS [PoWH3D] - SIGN UP NOW!NOTE: I am not a dev or representative of this project. The original thread was closed so I'm posting this one for discussion on the project.
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