Seven Basic Facts You Should Know About POWH3D

1 POWH3D is just a smart contract already published on the ETH blockchain, it cannot be altered even by the administrators and as long as the ETH blockchain exists, the POWH3D smart contract will also continue to exist. There is no company behind it and there is no one to exit scam and take your money. Your money is in your ETH wallet all the time. Its code has been examined by programmers who have not found any “weird” flaws. See the video below.

2 Behind this project there is a true community that is set up and guarded by a dev team that wants the best for people, wants to be fair and ethical and wants to provide a safe harbor from the overall crypto market volatility and manipulation by the whales and other big powers. There is constant communication of the community in their discord channel: https://discordapp.com/channels/408499477901475840/408502523574484994. In the list of decentralized apps on the ETH blockchain, POWH3D is one of the first, having (for the moment) about 2000 daily active users. https://dappradar.com/

3 The POWH3D concept rewards the hodlers (and not the “weak hands”, the sellers) and the people who stay in the system and don’t sell out. The first way the token hodlers are rewarded is from the increase of the P3D token’s price. The token is not exchangeable on exchanges and thus its price does not depend on the volatility of the market. Its price depends on pure math. It increases 0.0000001 ETH for every P3D token bought and it decreases 0.0000001 ETH for every P3D token sold. So if more people buy than sell, its price will be constantly rising. Yes at the beginning we need more tokens bought than sold in order to have a significant price rise. But after a critical point, if hodlers constantly keep reinvesting 70% of their dividends (while only withdrawing the rest 30%), the total number of tokens will be constantly rising, thus its price will also be constantly rising. Keep in mind that in any case you need to sell your P3D tokens, you can do it with a single sell order – the tokens are not bonded by any kind of contract, they are in your ETH wallet.

4 The second way the token hodlers are rewarded is from every selling or buying order of P3D tokens. For every buy or sell order of the P3D token, a 10% commission is spread throughout ALL P3D token holders – the number of dividends depends on the number of tokens each one has. The rewards are generated in ETH and one can pull their ETH out to their wallet at any time, for the regular ETH network fee.
Are you a hodler? You can find out if you answer 2 simple questions. See the video below.

5 If you are just a hodler you will not gain any profits. If everybody just hodles, there will be no transactions (buying or selling orders) and therefore there will be no dividends generated. For profits to exist yes you have to hodle but you also need to reinvest 70% of your dividends. When you reinvest you make a transaction that generates dividends for all. And when you are constantly reinvesting 70% of your dividends, more P3D tokens are constantly created and this forces the tokens price to be constantly increasing. The strategy to constantly reinvesting 70% of your dividends and constantly withdrawing 30% of your dividends is the only viable strategy that benefits everybody!

6 Is POWH3D a Ponzi scheme? “A Ponzi scheme by definition generates returns for older investors through revenue paid by new investors”. POWH3D does not need new investors in order to pay the older ones. Surely if it has as many “clients” the better, but this is true for every business. Anyone can invest whatever amount they wish and just by reinvesting 70% of their dividends they provide the necessary capital both to feed the smart contract and to be continually profiting from their withdrawals.

7 Is POWH3D a pyramid scheme? “A pyramid scheme by definition is a business model that recruits members via a promise of payments for enrolling others into the scheme”. You do not need to recruit other members in order to get paid. You just invest whatever amount you can afford and then keep reinvesting 70% of your dividends while withdrawing (thus get paid) from the rest 30% of your dividends. You get paid from withdrawing the 30% of your dividends without the need to recruit new members.

My Previous POWH3D Posts:

POWH Simply Explained
https://steemit.com/crypto/@flytofreedom/powh-simply-explained

POWH3D - A Money Making Machine
https://steemit.com/crypto/@flytofreedom/powh3d-a-money-making-machine

POWH3D Needs Only Long-Term Investors
https://steemit.com/powh3d/@flytofreedom/powh3d-needs-only-long-term-investors