Except, it is not a ponzi, there is no referral system where users receive 'x' % of other users deposited value.
We will definitely be listed on external exchanges, as well as launching our own internal erc20-based decentralized exchange.
This is not a ponzi, users receive their 1% daily returns from the TrueUSD reserve supply.
This is NOT how our platform works, you are still mistaken.
Example;
1. If our hardcap is reached, 40% will be converted to TrueUSD tokens held in a reserve.
2. Therefore, approx. 80K USD in TrueUSD tokens will be held in a reserve smart-contract.
3. The reserve smart-contract will then accept up to a maximum of 80k USD in ETHCOIN deposits.
4. The TrueUSD Tokens will then be transferred to TrueUSD reserve smart-contract #2 -> where it will distribute 1% of it's total reserve to those who deposited ETHCOIN tokens to the TrueUSD reserve smart-contract #1.
5. A new TrueUSD reserve smart-contract #1 will be created once the reserve has been depleted, enabling ETHCOIN deposits to commence once again.
So; If you deposit 10k USD in ETHCOIN tokens to the TrueUSD reserve smart-contract #1 , the equal amount (10K USD in TrueUSD) will be transferred to the TrueUSD reserve smart-contract #2, where you will receive 1% of 10k USD daily for 100 days from the TrueUSD reserve.
This process insures your original USD investment is secured.
And what about your negative trust, DT members are able to decide if your project is ponzi or not .
We are still ways from reaching our hardcap,
and negative trust is not an issue, if our hardcap is reached, everything will be proved and those who invested will reap rewards.