Topic: [ANN][P3D] P3dCOIN EC20 Possable Unversial Basic Income - page 3. (Read 618 times)

A Smart Contract on the Eth Blockchain

HOW DOES THAT WORK?
Instead of taking a standard exchange trading fee for the inventors
the fee is split between all holders of the token.
10% of all trading volume our cryptocurrency ever experiences is set completely aside for you, the token holders, as Ethereum,
to withdraw at any time.

Every time a coin is created the price goes up.

Every coin sold is Dusted.

Twitter @P3Dcoin

FAQ'S

1). 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-statistics

9). 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/wfG97Kt
Further 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.

Offical Discord https://discord.gg/wfG97Kt

Ether contract address https://etherscan.io/address/0xb3775fb83f7d12a36e0475abdd1fca35c091efbe