Topic: First round of Fomo3D has ended (Read 398 times)

Actually the explanation was quite good on your shared link but the thing here is, why whould he do this? First, this is their money to put into this from the start so if he got all his money back, then what? It is not something like big money that he got there. Second thing, if they really get some profit from them, I think it must only some ether not as much as he got like 10k which is crazy. I am not trying to suspect OP or defending him, just telling MHO

well at least there they have some sort of hope
and they think (and probably rightfully so ) that the whole thing is not rigged
besides they can win not the 6 numbers ,but hit a lower tier prize and to many its like a habbit
just spend a couple of dollars every week or so and hope for better

Hey guys,

Am I the only one reading that stuff and thinking that even if the smart contract is working alright, there is always a way to rig the game?

https://medium.com/coinmonks/how-the-winner-got-fomo3d-prize-a-detailed-explanation-b30a69b7813f

Maybe somebody more technical can explain it simpler, but the way I see it, the winner basically was constantly checking who holds the key and when the round is ending, then once he was the one that got the last key, he prevented any other transactions from coming in by jacking up the gas, so miners would work on his blocks first and nobody else's transaction can reach the game, before the round has ended.

He probably tried this multiple times in a row in the past and only this time he was successful, so it also means that should be somebody that has enough dough to spend, in order to support an operation like this.

At the end of the day, the jackpot wasn't won just out of sheer luck and the system was "gamed" with chances of success inflated much higher. In cases like this, a traditional online Casino would probably withhold the payout and probably add the bulk of the funds to the next jackpot, but here not much can be done I guess. Don't get me wrong, you gotta love the hustle, it's just s*it when other players think they got a fair chance.

What do you guys think?

P.S: just a real-world betting comparison:

If this was a basketball game, the actions of the guy would be equivalent to betting on an exact result (say 90:88) in all current round games at ridiculously high odds, then once a game eventually gets to that score, switching off everybody's internet and bribing the ref to not allow any more points to be scored Smiley

Well there are three sections, the one I'm testing is dividents, so the way I understand it everyone who has the coins at the time new coins are purchased, gets a cut from that purchase, because the new purchase has ten percent fee.  As far as I know this section has no end of round.  The other two sections are like a lottery, so their is an end of round, and it gets started again.  I checked my dividents page and its 0.0002 now, yesterday was 0.0001.
https://prnt.sc/kofkfa

Right, and wrong. Why people billionaire or millionare out there dont play powerball? Because the chance of losing money is greater than the chance of them winning. Even they can spend millions to buy millions tickets but how does it feel if a people win with only 1 ticket. 

If you can answer why people buy into PowerBall or Megamillion in US even that the probability of them winning is even  lower than their chance to be the next USA president, you can answer this question. 

why is it strange ? the project is not designed for you to become richer I don't know why you guys even consider playing this or investing in it
besides the obvious ponzi scheme type, it gives the creators advantages in terms of potentially fixing the end result
or extending the timers or many other ways to rig the game, despite all the contracts thingy
and if we say it is absolutely fair ,you have to spend ridiculous amounts of both time and money to be able to win
you would have to run some sort of a bot or stay up 24 hours a day

Thanks to earnadoge for sharing that information. I wonder if investing in the dividend tokens early or late has a difference, as in, do you earn a share of dividends from the point onwards of investing or do you only get it once the round is over? I assume it is based on regular distribution of the pot, in which case if you get in early and people start playing more you earn more?

Strange results, but yes, experimenting with smart contracts and gambling is interesting. I guess I can conclude at least now if you don't have that much Ether, better not to play!

Well, that's why I'm testing it, and sharing it with people so they have an idea of what it's like.   The four day gain probably shouldn't be multiplied by anything, this is not like a fixed amount where you wait four days and get it.  I think it depends on the volume, because the 10% tax is split among the coin holders.  I'll loose my twelve buck so beat it, but its an interesting experiment.

so,basically you sent 0.045 eth , got 0.0361 ether worth of tokens and 0.0001 eth of dividends in four days
if we multiply four days by 8, we will get the approximate monthly dividends at 0.001 eth ?
I do not see the point of the investment,really to return your money you will have to wait 10 months or so
am I missing something?

If this is legit then the chance is depends on how much money and luck you are because the last one that buy the key is going to win. Of course you are compete with every single players around the world so you assume this has a zero chance but in the end there is a winner which won huge amount of eth. But do not really believe what was happened anyway since there is no clarification about this game either

I have an update on the dividend tokens, I sent 0.045 and got 0.0361 ether worth of tokens (there is 10% loss and there are dividends from token sold after that)  Until today the dividends showed zero, but today I logged in, and it wasn't 0 anymore!
https://prnt.sc/knvb5l
Not much, but kinda cool.  Sent the payment on 24th, so it's been 4 days.

It's not an elaborate scam. I do agree there are some ethical issues here but only because they've named this exit scam and FOMO, but there is a clear winner and it's all smart contract so if you believe you have the bags of money to risk, and pit yourself against other big bags of money, it's essentially a gambling game.

And if you don't want to gamble on winning but gamble on the greed of others, then you purchase the option of sharing dividends, as player above demonstrated by buying the "dividend" tokens.

I don't know why people even consider participating in this
the chances to win are close to zero (thats even if the game is legit which I doubt)
typical greed based ponzi style game which is now in abundance, but this one managed to get 3+ mil worth of ether somehow
to me its just an elaborate scam with the creators able to take the win this way or another while the rest simply donate their eth for nothing
find a better way to spend your crypta, please

If there is no provably fair system on their game hoe can there is so many people playing there? Last time I checked on their players and they have like around 300-400 players online. For a new site to have this many online it seems many people brlieve on their game

Btw is it possible that a smart contract bankroll cant be withdraw by the admin? I know smart contract is based on eth blockchain so it is really transparant but if they can suddenly withdraw it, I think no one can really get the payout after betting with such a huge amount

Actually this game is over. I do not have time to invest because it's late. However, it has also been shown that there are positive trends. Especially for those who grasp the opportunity.

I'm not a fan of Crypto lottey. I think it's a real waste of time. Online lotteries as such seem made up. All they're doing is gaining traffic  to the page and earning extra coins. While most likely being the ones randomly winning became the winners.

When you go to the site, there are three options on the top, quick, long con, and dividents.  I purchased P3D from dividents section.
https://prnt.sc/kmps5x

This is a ponzi for sure, but the difference is that it was completely transparent about it, and completely fair about distribution (if you believe the smart contract). I personally do not know how to verify it but I'm pretty sure a lot of others must have tried.

It was for sure not many players, because I kept seeing the same names changing hands and buying keys. For sure these were all whales. I'm actually quite surprised they didn't just keep it going to get more new money in.


How did you get dividend token if you never paid for the key? You can just buy the tokens?

https://news.bitcoin.com/someone-wins-3-million-jackpot-in-ethereum-ponzi-fomo3d/

This is what I can get for you guys. I do not know how this thing can be ended, seems like there is not really much players anyway may be it can be ended faster, but when it comes to many players, I do not think that it can be done easily. Their funds of course is safe because of the smart contract but the game is pretty hard to win of course when it comes to more players as well

Anyway it does said this game is a ponzi so play with your own risk