Author

Topic: FairPonzi Reloaded - New Project (Ethereum gambling smart contract) (Read 130 times)

hero member
Activity: 1876
Merit: 512
Well done to you, like what you are trying to do, but the name need to be looked into, if you want to monetize this project, you need to change the name, the Ponzi in the name sound odd to me, I can not put my money in a ponzi because we all know how ponzi program always end
newbie
Activity: 46
Merit: 0
Hello there,

I am the creator of https://fairponzi.github.io/

Last activity on this contract is very long ago, so I want to start a fresh one.

How it works? Please check website or https://github.com/fairponzi/fairponzi.github.io

I would implement some improvements to the current contract:
  • Ability to "pre"invest, but without any interest -> 0% reward until start
    • Before: Any transaction before start date was revert -> You had to be online/bot at start to invest as early as possilbe
    • New: Now you can send your "investment" some days before and it will start to gain interest at the same moment as all other people
      -> Before start you always can pull your money out without any risk
  • Instant rewards
    • Before: Only every 24h reward
    • New: You will get your reward every second(timestamp of block)
      Intraday: You will get a linear reward of the daily reward of your current balance
      Then: You will get reward with compound interest

  • Remove of bankrupt address
    • Before: If contract goes bankrupt it will send remaining balance to fixed address
    • New: All user balances still reset, but remaining money stays in the contract and so it will be used in the next run

Possible further changes:
  • PayIn "fee"
    • If you transmit ether to contract, for example 10% will be removed from your balance
    • -> Send 1 Ether to contract, your balance for withdrawing will be 0.9 Ether -> for breakeven you will have to wait at minimum some days
    • But this 0.1 Ether fee will stay in contract and can be withdrawn by other people -> bankrupt will be delayed

Where I need help:
  • Make the contract public
    • I will host it on github again, to make it as much transparent as possible
  • If you have some ideas, please contact me!
    • For example if you have a idea how to make the contract more attractive
    • Or If you have ideas of better gameplay/rules
  • Ethereum contract code review

Without the bankrupt address and with a big (>1week) startdate after the contract publish, it will be a funny and fair gambling game Smiley

So what do you think about it?

Best Regards
FairPonzi
Jump to: