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Topic: What is your view about p2p smart contract on ethereum? (Read 164 times)

newbie
Activity: 5
Merit: 0
Hey guys there has been a p2p smart contract running around on ethereum Blockchain, it is a structure where downline pay upline. How good is it?
There are lots of them, but Forsage is getting some good popularity to the best of my knowledge, you can check a review of it here: https://www.prospernoah.com/forsage-review-registration/
copper member
Activity: 392
Merit: 1
I saw this on Facebook also and more and more users are using this smart contract some of my friends that is using this platform they say that is good but I think you need referrals for your downline so that you can get spills. (this is what I heard)
sr. member
Activity: 966
Merit: 275
I think it's all about the "Forsage Smart Contract Business"... it's something like MLM. There's a review here, https://mitrobe.com/forsage-review/. Hope it helps.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
Can you specify which smart contract you're specifically talking about? But based on your description alone, it sounds like a typical ponzi scheme. A big no-no if anything.

it is a structure where downline pay upline.

It is million money smart contract on ethereum,you can try to read the contract on ethereum chain

Lol from the name alone it already sounds like complete utter BS. Take a quick Google search on what ponzi schemes and pyramid schemes are, for you to be aware of what you're dealing with here. It's an age-old scam that's being used again and again, just with different ways of attracting people to put money in.
newbie
Activity: 173
Merit: 0
it is a structure where downline pay upline. How good is it?
As soon as i saw that, i knew it's a ponzi scheme model, and it's not good. It's scam. What happens when the downline fails to get more downlines under them after investing? They lose!

You are talking about this chaps (https://million.money) right?

Avoid them

Yes that is what am talking about....but as you said it is better to avoid them
copper member
Activity: 2114
Merit: 1814
฿itcoin for all, All for ฿itcoin.
it is a structure where downline pay upline. How good is it?
As soon as i saw that, i knew it's a ponzi scheme model, and it's not good. It's scam. What happens when the downline fails to get more downlines under them after investing? They lose!

You are talking about this chaps (https://million.money) right?

Avoid them
hero member
Activity: 1372
Merit: 783
better everyday ♥
it is a structure where downline pay upline
Can you specify which smart contract you're specifically talking about? But based on your description alone, it sounds like a typical ponzi scheme. A big no-no if anything.
I don't know if it will be a smart contract for any project, but I believe the description above is exactly that of Ponzi  Roll Eyes No one model is more appropriate to the description of OP  Roll Eyes And of course, my point is to reject the Ponzi model, it should not appear in the smart contract. HIYP should not exist to cheat people  Angry Please stop any of your ideas about this model!
newbie
Activity: 173
Merit: 0
Can you specify which smart contract you're specifically talking about? But based on your description alone, it sounds like a typical ponzi scheme. A big no-no if anything.

it is a structure where downline pay upline.

It is million money smart contract on ethereum,you can try to read the contract on ethereum chain
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
Can you specify which smart contract you're specifically talking about? But based on your description alone, it sounds like a typical ponzi scheme. A big no-no if anything.

it is a structure where downline pay upline.
newbie
Activity: 173
Merit: 0
Hey guys there has been a p2p smart contract running around on ethereum Blockchain, it is a structure where downline pay upline. How good is it?
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