If you ask these questions, you probably don't understand what smart contracts are. Ask your familiar programmers to check the contract code, they will tell you whether it is a Scam or not. If you don't believe the auditor who checked the code.
I am well aware of how smart contact work, can be programmed to scam and cheat most people don't have the knowledge and time to audit it , first thing I thought of when I seen this was https://en.m.wikipedia.org/wiki/Matrix_scheme
If you ask these questions, you probably don't understand what smart contracts are. Ask your familiar programmers to check the contract code, they will tell you whether it is a Scam or not. If you don't believe the auditor who checked the code.
I am well aware of how smart contact work, can be programmed to scam and cheat most people don't have the knowledge and time to audit it , first thing I thought of when I seen this was https://en.m.wikipedia.org/wiki/Matrix_scheme
Well, he passed the audit. And it has an open source code, you can give this code for analysis and see that everything is fair.