Not exactly. The profit generated is real profit, not from selling tokens (what we do not do) but from earnings from our services. The tokens we give out are a kind of salary to our team. And they are allowed to sell them or use them to bid in the pot.
sure, every crypto currency can be called a pyramid scheme. What is steem? I token you buy and invest so more gets generated so you invest more. Kinda like a pyramid scheme.