Those 75.4 are probably less now that I'm gaining 5x more then 0.01, still... I would rather power up my STEEM tbh... you should have bought only 60-100STEEM that is where the top of the normal distribution curve is (the invest/ROI curve), at least from what I've read on @edicted posts...
I was recently working for a pyramid scheme kind of business, it was a door to door electric company contract selling thing, I earned 20 bucks for each contract I made, my teacher earned a comission from that contract like 10 bucks from it, and her boss earned from all the teacher 10 bucks too, per month he was pulling 10k, it's tied to a product so, as long as there are people that need contracts the product keeps going and the pyramid is alive, the problem is:
- When they run out of people that want contracts (they normally move to a new area or to a different electric company)
- When there are no more opportunies of going from trainee to teacher and from teacher to boss, when there are enough bosses and teachers no one will move up the pyramid.
I don't consider pyramid schemes that bad, and imo drugwars isn't a ponzy scheme because you are getting the money people pay for the game, in most MMORPG you have micropayments that earn the company millionss of bucks, and 100% of the profit goes to those companies, in drugwars only 20% goes to the company (devs) and 80% goes to the community, if they keep the products alive and with hype people will keep pumping money into it, and the game will go on and reward 80% of the profits to the community!
If they add advertisement that actually buys STEEM from the market to pump the reward pool, paid extra skins, paid increase in resource production, etc... the reward pool will keep growing, and 80% of the profits are split between the gamers.
Look at NEXO for example (trying to shill my bags overhere xD), they basically give out loans, and 30% of the profits the company makes are split between the hodlers, do you consider this a ponzi? They are giving out 30% of the profit they get, just like drugwars is... my only problem with drugwars is that it is too pay2win, and if they don't make divisions and allow the big payers to attack the small players no new gamers will want to get in, and the game won't make profit
A pyramid scheme associated with a product is hard to fail (herbalife, tupperware), they aren't even called pyramid schemes but pyramid selling
In the end this is a new concept(maybe they should be called pyramid gaming?), and it will be hard to adopt and to not feel insecure when investing... the whole economy side of it is hard to grasp because it's revolutionary! You are receiving a portion of the profit the game is making!
After writing this whole thing I realize I should maybe do a post about this...