Another Fomo3D game? What's the difference with this one? Should realize by now, these games are no longer popular. A couple of big whales, maybe 3 of them, they all won their big jackpots, and now have left the game. I actually was dumb enough to try 1 of the clones, went in really early, small amount, tried to earn dividends. Probably was one of the first few too, and still didn't even make back 50% of what I put it.
Much prefer to gamble provably fair where I don't have to fight whales.
Fomo2Moon has 16 improvements from Fomo3D, it's essentially a new game, and has a real "fomo" system in it. And also provably fair.
1. After round 1 of F3D was won not legitimately, most have realized that F3D is NOT a lottery, as winners are not decided by fair draws. F3D is NOT a game of chance in the spirit of a lottery for an average person who dreams of a lucky massive payout, but F3D is more of a game of skills for the technical fews who can code bots and understand how the Ethereum network works.
–> F2M is a true Lottery on Blockchain with dedicated mechanics for fair Lottery draws.
2.Fomo3D is NOT a “Fomo” game because the game is designed so that a winner is chosen only when practically no one is still Fomo-ing about the game anymore (the game ends no one buys keys in time to add time to the Timer anymore).
–> In F2M, the more people play, the more they are Fomo-ed, the faster the round ends, as Time added per Ticket becomes lower and lower.
3.In F3D, the game rule that lets the last key buyer win is very flawed from the begining, and subject to cheating. The miner of the last key purchase transaction’s block can arrange the order of transactions in that block and put its own key purchase transaction at last to win the game. Theoretically, a large number of miners can collude to win the pot. Even a hypothetical player can clog the Ethereum network to make its purchased key the last one and it become the winner. Unfortunately, that was how Round 1 ended.
–> In F2M, the results are drawn from future blockhashes, leaving no room for manipulation.
4.In F3D, buying P3D Tokens is a not a very good investment because the break even point period is very long. By January 2nd, 2018, the total daily dividends 183.6 ETH divided by the number of tokens 2,317,345 is equal 0.000079 ETH in daily dividend payout per token. Meanwhile, P3D is priced at 1/38.8370 = 0.025748 ETH. That means the break even period is approximately 0.025748/0.000079 = 326 days.
–> In F2M, in most cases and by definition, you earn back 100% your investment in F2M Token within approximately 30 days.
5.In F3D, P3D token is sold for less and less ETH with every sale. By January 2nd, there is 30,559.036 ETH in P3D smart contract, divided by 2,317,345 circulating tokens equal an expected sell price of 0.0132 ETH per token. However, the token sell price then is 0.0209 ETH, a.k.a. (without looking at the code) logically either token price gets lower and lower, or last sellers get nothing. It’s a ticking bomb until a Panic Sale.
–> In F2M, you can sell any amount of Tokens anytime at the same price.
6.In F3D, the formula for Token Buy Price indicates that each ETH earns less and less tokens, or P3D token loses value over time.
–> In F2M, F2M Token value increases with every Token sold in the long run.
7.In F3D, it’s meaningless to buy Tickets early because buying in early is impossible to win any Prize and guarantees no higher than 56% return (only in the hypothetical case that all players pick Snake as team), as opposed to a maximum of 300% return in F2M. Even if early F3D key buyers turn out to win the jackpot (in downrounds when very few people buy keys) then the won amount would be very small.
–> In F2M, benefits from buying Tickets early and late are balanced.
8.In F3D, the Pot can contain an indefinitely large amount of ETH. A substantially large Pot can potentially crash ETH price if won by someone who would then cash out by dumping a large amount of ETH for other crypto- or fiat currencies.
–> In F2M, formulas for Time Added Ticket and Price Per Ticket ensure that largest possible amount of the Grand Chest is around 10,000 ETH, and thus the largest possible amount an individual player can win is 6,000 ETH. In most cases, an individual player can win only 2,000 ETH, preventing any player from crashing the ETH price.
9.F3D’s source of randomness is not reliable and easy to manipulate, leading to airdrops being exploited.
–> In F2M, Prize draws always rely on a future, unknown blockhash as source of randomness.
10.In F3D, early whales gained extreme advantages in buying P3D tokens during the “ICO” phase as the token price increased approximately 40 times after the ICO phase.
–> In F2M, the Token price would increase only around 4 times after Round ZERO, closing the gap between early and late buyers (compared to F3D) while maintaining the attractiveness of Token purchase during Round ZERO.
11.In F3D, it’s meaningless to pick a team (Snek, Whale, Bull, Bear) because statistically most players almost always picked a certain team (Snek). Furthermore, since the way the Pot is distributed depends on the team of the winner, it’s meaningless for all early players to pick a team, which results in nothing.
12.In F3D, theoretically a round can be endless for weeks or months as someone keeps buying one key before the timer reaches zero. Assume that someone makes a bot to continue buying just 1 Ticket every time the timer is about to reach zero, a round will drag on forever. This is unreasonable because no one wants to wait that long for the result.
–> In F2M, a round can only be as long as 7 days as there is a 2nd fixed timer.
13.F3D is an endless game which drags on until no one is interested anymore. P3D token holders have to wait for an indefinite amount of time until they can collect all possible dividend.
–> In F2M’s case, when the Lottery is ready for upgrade or termination, the LastRound() function is triggered to direct all remaining amount of ETH in the Chests to the Dividend Income Pool as the last payout to beloved Token Holders who have followed the Lottery. The last round cannot happen sooner than Round #18.
14.In F3D, if a player receives income and doesn’t withdraw it, it becomes dead income, lost in limbo.
–> In F2M, all income is subject to Timeouts and gets redistributed when timed-out, mostly to Token Holders.
15.The market is not always good; there will be downrounds when few keys are bought in F3D. F3D is vulnerable to downrounds because there is always a winner every round and the amount of ETH in the Pot would decrease every round until the remaining amount is no longer attractive enough for new players.
–> In F2M, in case of downround, there would be more chance that there is no winner and the majority of the current Prizes will be transferred to the next round’s. Consecutive rounds without Winners would increase or at least maintain the amount of value of Prizes every round, restoring their attractiveness once the market recovers.
16.In F3D, there is only one prize each round.
–> In F2M, each round, there are 3 Grand Prizes, 8 Last-Man Bounty Prizes, and around 180 Winners who can win Side Prizes.
Read more here:
https://hackmd.io/s/HJ5oJ1p1E#-Game-Design-and-Technical-InnovationsIt's best to really play the game to understand it:
http://play.fomo2moon.io
