You are viewing a single comment's thread from:
RE: DrugWars – A Ponzi Scheme Mafia Game (DO NOT INVEST)
Im not sure why people think playing a blochchain game = investment. Games are fun and a viable business for developers. There are many tycoon games like this available not on blockchain that people spend on every day. Sorry but i disagree
Posted using Partiko Android
ponzi is fun
Yeah, the developers probably did not want to create just a Ponzi scheme. But look at the articles that are written every day with #drugwars tag. The overwhelming majority talks about profit and ROI.
In my opinion, it is OK to play the game for fun. Fun is subjective and if you want to, invest as much time and money as you like. But if you want to use it as an investment opportunity, there is a significant pattern that is common for Ponzis as it is for DrugWars - early investors are being paid by investments of those who came after them. Many people prooved that the whole system is not sustainable and it requires heavy changes. Currently, it favors those who came early and those who invested less money (or did spread bigger investment into many accounts). If you want to have the same profit for the same amount of produced drugs, bigger and bigger investments will be needed (also typical for Ponzis) → so rewards will be getting smaller making the potential players less motivated to join. So in some time, new players can get so little percentage per day that the game would not have the investment potential so only those who like the game would remain.
I think @cryptoeater explains it better in his article https://steemit.com/drugwars/@cryptoeater/analysis-on-drug-wars-economy-response-from-hightouch. Although he is a fan of this new game, he agrees that the system is unsustainable if it is based only on investments of players.
I hope that the developers will solve this problem. Unfortunately, now majority of the players are in the game because of the profit potential, not for the fun.
And I have to add, that it is not good to centralize about 100k SP to few persons. The risk of scam is there and no words can exclude it. Although this is only speculation (nobody can have a proof that it is a scam, when the exit scam has not yet been done), the risk is evident. But their 20% share is probably enough for them.
being sustanable or not, doesnt make it a ponzi, people being money hungry on steem is more likely the problem. As for centralizing 100K to a few, lol 100K is nothing compared to the bot ownes lol
I hope that the developers did not want to make a Ponzi out of the game, but the majority of players use it like one. That is why I warn those who want to invest in it.
The problem is that those 100k are in a liquid form. They can just transfer and that is it. Bot owners does not have such power as they receive delegations, not STEEMs. And ... most of them do not take 20% for themselves.
Drugwars is a business and take a look at the database, there are plenty holding more than that in liquid. Its theirs, the made it fair and sqaure.
Being in contact with hightouch and trying the game before most, i know ponzi is not his intentions
Posted using Partiko Android
People talk about profit because people want to earn crypto. I think a well made game allows people to earn crypto else why use crypto tokens at all?
At the same time if it does not allow people to earn crypto in a fair way then people can play a game that does.
You just described the free market. I have nothing against it as I would call myself a libertarian. ;)
I can just hope that their reward system will be improved, because now it really looks like Ponzi (probably without the scam part).