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Zethr: the next big thing or another pump and dump Ponzi Scam? by viraldrome

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· @viraldrome · (edited)
$20.39
Zethr: the next big thing or another pump and dump Ponzi Scam?
DISCLAIMER: I AM NOT RECOMMENDING THIS. 
DOUBLE DISCLAIMER: I AM TOTALLY NOT RECOMMENDING THIS. 

https://www.zethr.io/#/

Okay I have watched a few videos and I still don't fully understand this. It's a gambling coin that pays out in ETH and the ETH is bankrolled by the people buying coins, who get dividends. I think. 

>  Zethr is a community-driven decentralized  betting platform powered by tokens that  appreciate in value as token supply goes up and  decreases as token supply goes down, and a  house edge for the casino that pays out  dividends regularly to token holders 

[quote source](https://www.zethr.io/#/)

When you buy the coins you have the option to choose a percentage, I chose 33 percent. So you lose 33 percent of your ETH but get huge dividends. You can also choose a low percentage like 2 percent and lose only a small amount but get smaller dividends. I don't have a lot to say, can't stress enough the high risk this is. I have put a few links up, this is pretty new, info still coming out. You will need to install Metamask to use it. 

Once again I am not recommending this, vouching for it, referring you, or any of that shit.  I invested a tiny amount of ETH to see how it works, if it works. If I lose it it's no biggie. There are people investing huge in it.  What do you think? 

https://youtu.be/tgJ_Pu8irqc

https://youtu.be/PYFQ2PaA9YU

https://coinformant.com/crypto-casinos/zethr-io-dividends-day-1-earn-eth-by-holding-the-zth-token/

https://bitcointalk.org/index.php?topic=4804187.0

https://steemit.com/cryptocurrency/@geetis/zethr-io-dividends-day-1-holding-zth-earns-ethereum-dividends

https://steemit.com/blog/@brittuf/eth-town-is-launching-get-a-100-upvote-when-you-enter-to-win-free-zethr#@viraldrome/re-viraldrome-re-brittuf-eth-town-is-launching-get-a-100-upvote-when-you-enter-to-win-free-zethr-20180802t105404101z
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 165 others
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vote details (229)
@booster ·
<p>This post has received a 20.60 % upvote from @booster thanks to: @viraldrome.</p>
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@heroldius ·
$0.02
It seems to be a Ponzi scheme as you said in your title. First *members* could win !
👍  
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vote details (1)
@kmayegaindia · (edited)
$0.03
@viraldrome it's tough to say anything about zethr . I am also thinking to not participate in this. But I will  decide more after  doing more study.
👍  ,
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