Steemit Engagement Challenge Season 17 - Week 3.

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We are starting season 17 of the Steemit Engagement Challenge, we invite you to join our second challenge, which we have titled: "Let's talk about the Ponzi scheme ".

The Ponzi scheme or also known as Ponzi pyramid, now 105 years old, consists in the presentation of a business where people can invest an amount of money and multiply their earnings through attractive interests, usually monthly or annually.

Once the first investor receives his profit, he will attest that the payment has been real and with his experience he will attract more people to the scheme, but the latter usually never receive profits. It works on the basis of referrals and constant reinvestment to acquire more profits, which are never obtained.

Now it is spreading to the world of cryptocurrencies because it is a new and attractive market due to the large profits that can be generated with cryptoassets.

1. Have you ever heard about ponzi schemes?

2. Have you been offered to invest in any of these schemes?

3. Do you know how to detect Ponzi schemes?

4. Do you think Steemit is a ponzi scheme?

Contest Rules

• You must post on the Scout community and its friends.
• The title of your post should be like this: *SEC-S17W3- "Let's talk about Ponzi scheme".
• Participants should follow club5050, club75 or club100 and place their tag in the post.
• Use the tags #scoutsysusamigos-s17w2, #ponzi, #steemexclusive #venezuela (your country) in that order.
• Share your participation link in the comments of this post.
• Write a post with a minimum of 300 words.
• Be creative, write in your own words, plagiarism and the use of AI is not allowed.
• Use your own images and if you want to add others, they must be royalty free (Pexels, Pixabay or Unplash).
• Invite 3 people to participate in the contest.
• Vote for this post and give resteem to this post.
• Share your post in a social network as a promotion.
• Remember to use the hashtag burnsteem25 only if you have set 25% of your rewards to null.

Important Rules of the Steemit Participation Challenge

• Each user can participate in only one Challenge contest daily.

• Posts must get at least 10 positive votes and 5 valid comments from other users, simple comments like "I like it, how nice", "Thanks for sharing", "I totally agree with what you posted, I share your opinion", etc. are not eligible.

Evaluation parameters.

The following parameters will be taken into account for the evaluation of the post (1-10):

Descripción	✅ / ❌	Total
Steemexclusive	✅	1/1
Plagiarism Free / Free IA	✅	1/1
Bot Free	✅	1/1
Club		1/1
Markdown Style		2/2
Quality Content		4/4
Total Score		10/10
CSI		--
Date of Verification		XX/XX/XXXX

_{Determination of club status refers to the https://steemworld.org/transfer-search web-based application.}

Rewards and Prizes

• SC01 will be reviewing the 7 participating communities and voting on quality content (votes are not guaranteed).

• At the end of the week, the 3 most active users who have successfully completed the challenge will be selected. And from these together with the participants selected by the other communities will be selected 3 overall winners per week.

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Prizes

10 Steem in prizes.

For the payment of the prizes, the first 3 participants who have been selected as winners will receive 5, 3 and 2 Steem respectively.

To select the winners of the week, creativity and originality in their participation will be taken into account, as well as the support with comments to the other participants.

Te esperamos en Scouts y sus amigos se parte de este Desafío de participación de Steemit.

We look forward to seeing you in #Scouts and their friends be part of this Steemit Participation Challenge.

Te invitamos a crecer juntos y en esa misma medida podamos ir...

We invite you to grow together and in that same measure we can go...