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Topic: This use case even make any sense? - page 2. (Read 179 times)

member
Activity: 181
Merit: 14
$CYBERCASH METAVERSE
January 24, 2022, 04:41:03 AM
#5
They are scam, I invested in one not gonna lie the name is axienomics they reward holders with axie infinity every few hours in a day but this project has nothing good to offer, once I saw a good exit I took my profit and move on now the project have lose tons of value just as expected, do not invest money on such tokens they are Ponzi schemes
legendary
Activity: 2100
Merit: 1321
Fully Regulated Crypto Casino
January 24, 2022, 04:35:42 AM
#4
Do you know that there are many tokens that offers nothing but rewards when holding them? They most times ends with ---nomics you hold the tokens you get some altcoins in your wallet every 4hrs or so, what is your view on such projects?
Confuse which one you are talking about but if its same tokens it must be deflationary tokens that reward through buy and sell percentage to some dex and holders rip this benefits. Actually theres plenty of them but I dont think the deflationary feature is a scam. Its a process on smart contract being developed. Yes there are scammers who uses this approach.
hero member
Activity: 1344
Merit: 565
January 24, 2022, 04:28:31 AM
#3
Do you know that there are many tokens that offers nothing but rewards when holding them? They most times ends with ---nomics you hold the tokens you get some altcoins in your wallet every 4hrs or so, what is your view on such projects?

It's called a Ponzi scheme. The more you  hold, the more you will get .... as long as enough people keep buying in and keeping it alive
So my question will be, what is the value of the Altcoin the holder will be getting? is it worth the process? if by calculation whatever will be coming into your wallet could come off as a profit for the coins you are holding then this is worth the risk which is part of crypto but regardless, I don't see me investing in such anyways cos I like to really minimize my risk  Grin
hero member
Activity: 2058
Merit: 761
To boldly go where no rabbit has gone before...
January 24, 2022, 04:21:23 AM
#2
Do you know that there are many tokens that offers nothing but rewards when holding them? They most times ends with ---nomics you hold the tokens you get some altcoins in your wallet every 4hrs or so, what is your view on such projects?

It's called a Ponzi scheme. The more you  hold, the more you will get .... as long as enough people keep buying in and keeping it alive
member
Activity: 518
Merit: 30
$CYBERCASH METAVERSE
January 24, 2022, 03:54:40 AM
#1
Do you know that there are many tokens that offers nothing but rewards when holding them? They most times ends with ---nomics you hold the tokens you get some altcoins in your wallet every 4hrs or so, what is your view on such projects?
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