Ulog: Care to get scammed, bitconnect style?

in busy •  10 months ago 

Team JUST have made a game where you can willingly get exit scammed, in the form of a lottery.

Check it out here

FOMO3D is a decentralized, trustless blockchain game running directly on the Ethereum network.

How does Fomo3D work?

Fomo3D is a lottery game in which the last person to buy a key at the end of a round wins half the value of the total pot and the other half is distrobuted amongst shareholders!
During a round, people can purchase 1 or more keys which adds 30 seconds to the timer and marks them as the current leader. With each key purchase during the round, the key price increases slightly.
Players receive passive income from the game as keys are bought during the round.
When the timer reaches zero, last person to buy a key wins!

They have a quick mode, with smaller pots, and a longer mode, their pots currently totalling over a 6000 Ether!

Game Modes

There are two distinct modes of the Fomo3D game: long and soon each with varying rules and gameplay. The modes break down as outlined below.

Shared Ruleset

These rules are true in both game modes:

Keys are the main focus of F3D, You buy them directly from the contract and they change the way a round is played, and when/how a round will end.

The game runs an internal timer which is constantly counting down to zero. When a key is purchased, the timer increases by a fixed amount and the player who purchased that key is put into the lead.

Keys grant instant dividends on all volume that flows through a round, meaning you will constantly receive a stream of passive income from the game as keys are bought until a round ends.

Keys slowly increase in price (along with how much of the final pot they're worth) as the round continues. You are guaranteed a portion of the exit-scam for every key you own, and betting on the final volume of a round can result in a tidy sum of Ethereum being deposited into your vault when someone wins.

The last player to have purchased at least 1 full key when the exit-scam timer completes its countdown, immediately drains half of the Ethereum seen in the pot and ends the round. (The rest of the pot being shared among the round's players, P3D holders, community contributors, and the other FOMO3D game as soon as the round ends.)

The Long Con: Fomo3D Long

F3D Long is the flagship game mode, designed to encompass rounds that last days/weeks/months.

Does not operate with any ICO phase at the beginning of the round
There is a 1 ETH max purchase limit per address until 100ETH in contract is reached
Key price scaling is very slow and gradual, increasing slightly on each purchase
Each key purchased add 30 seconds to the round timer, to a hard cap of 24 hours.
Time is added per-key, rounded down. So 2.5 keys = 60 seconds.
50th, 20th buyer and 1st buyer are all getting keys for roughly the same price
A round is preceded with a 1-hour starting grace period where key purchases are disabled
The Quick Scam: Fomo3D Soon
F3D Soon is the speed game mode, designed to encompass rounds that last hours or days.

Operates with a short 60-second ICO phase at the beginning of each round, in which all players will be able to buy keys for the same average key price, determined by the total amount of ETH invested during this phase.
Each round runs with a 5-minute timer. Any keys purchased put the timer back at 5 minutes.
Aggressive key scaling, VERY aggressive. Expect the game to be a very stressful competition between one another for the final prize. We cannot estimate how high it will go.
For more details, check out our Fomo Soon Mode page.

The Teams

In Fomo3D, there are four major teams that players can associate themselves with.

Every time you purchase an additional key(s), you can select one of these four teams. The team you select represents both how you want your key buy-in price split up as well as the pot distribution if you win the round once the timer runs out. In particular, each team is explained below:

Snek

"Trickle down Divinomics". Your key buy-in price will have a larger share distributed to P3D holders and somewhat less given to F3D players. After a round ends, a larger portion of the pot is distributed to P3D holders as dividends. Sneks push for distributing more as dividends to other players and to P3D holders and less to the pot.

Whale

"Feed on the greed of others". Your key buy-in price will have a much larger share distributed directly to the ETH pot and less split to F3D players or P3D holders. After a round ends, a larger portion of the pot is held for the next round and less given as dividends to players and holders. Whales push for keeping more of the ETH in the pot and for future rounds rather than distributed as dividends.

Bull

"Break upwards, never stagnate". After a round ends, a larger portion of the pot is distributed to F3D players as dividends. Bulls push for distributing more of the pot as dividends to other players and a smaller amount to P3D holders than Sneks.

Bear

"Stand alone, fight alone". Choosing team bear is a veto against P3D holders. Your key buy-in price does not go to P3D and a larger share is distributed to F3D players. After a round ends, none of the pot will be distributed to P3D holders as dividends. Bears push for distributing dividends to other F3D players rather than sharing any with P3D holders.

At the end of a round, after the countdown timer drops to zero, the winning team determines specifically how the ETH is distributed between the winner, all F3D players from this round, all P3D holders, and the remainder is left over for the next round. The winning team is the one selected during the purchase of the very last key in the round.

Choosing your Team

Here are few ways to decide which team you want to pick at any given point when purchasing keys:

  • Maximize the amount that goes to F3D players and P3D holders: Snek or Bull
  • Maximize the amount going into the pot and saved for the next round: Whale or Bear
  • Minimize the amount going to P3D holders: Bear or Whale

Keep in mind that you are free to select a different team each time you purchase a new key.

Percentage Breakdowns

During the round, the team you select determines how the ETH you spend on keys is divvied up in the game:

TeamPotF3D PlayersP3D Holders
Snek20%56%10%
Bull35%43%8%
Whale50%30%6%
Bear43%43%0%

This table distributes the majority of the incoming ETH from keys bought. The remaining ETH is always distributed: 10% to player's referrer (or to all P3D holders if no referral), 2% to the community fund (see more), 1% to pot swap, and 1% to the airdrop side-pot.

Let's take an example for clarity: suppose the "Active Pot" was at 100ETH when you bought in and you purchase 10 ETH worth of keys and chose Team Bull. Since you chose Team Bull, 35% of your ETH (3.5 ETH) is sent to the pot, 43% of your ETH (4.3 ETH) goes to other F3D players, and 8% of your ETH (0.8 ETH) goes to P3D holders.

To understand how teams affect the pot distribution, check the Pot Distribution section below.

Pot Distribution
As explained above, at the end of each round, the ETH pot labeled as "Active Pot" is distributed between many parties. The exact pot distribution breakdown is always as follows:

2% of the Ethereum the final pot-winner would have otherwise gained, is sent over to the community bank fund, which pays out great community members who make this game possible. This fund is dynamic and new community members can be added anytime.
48% of the active pot goes directly to the round winner's vault for them to be able to withdraw anytime!
The remaining 50% is distributed based on the winner's final team selection, with the following distribution possible:

TeamNext RoundF3D PlayersP3D Holders
Snek20%56%10%
Bull35%43%8%
Whale50%30%6%
Bear43%43%0%

Let's take an example for clarity: suppose the "Active Pot" was at 100ETH when the final key was purchased before the timer reaches zero and the winner chose Team Bull. The winner would receive 48% of the pot (48 ETH) directly into their vault. Since the winner chose Team Bull, 10% of the pot's ETH (10 ETH) is kept for the next round, 30% of the pot's ETH (30 ETH) goes to other F3D players, and 10% of the pot's ETH (10 ETH) goes to P3D holders.

P3D Holder Benefits

Fomo3D directly benefits all P3D holders by paying out dividends to all holders each time a key is purchased and also every time that a round ends (unless Team Bear wins). The amount of the total pot that is paid out as dividends is determined by the team that wins. If you'd like to maximize the dividends to P3D holders, then you would want to play on Team Snek.

To benefit as others play F3D, you just need to be holding P3D tokens:

Purchase P3D tokens, the higher the share of tokens you hold, the more dividends you earn.
Each time a new key is purchased, all P3D holders receive a portion of the sale as dividends.
At the end of every round, all P3D holders also receive a portion of the pot as dividends proportionate to the % of P3D tokens held.
For more information on purchasing P3D tokens, check out our Getting Started guide.

Referrals and Vanity

The Fomo3D referral system is called the "Advisory Board". To join the advisory board, click the "Vanity Name" link at the top and then pick a nickname for yourself. Joining the board costs 0.01ETH which is contributed to the "community fund" and distributed to developers and community staff. Note that you must register a vanity name to receive referral rewards ("Bad Advice") in your vault.

This name will show up on the leaderboard, and at the top if you are the current holder of the private keys. Your vanity name is also included in the referral URL you share with others. Your names, your player ID and your wallet address will all work for referrals (i.e https://exitscam.me/<id/address/name>).

Once you are an advisor, you can copy your referral link from the "Vanity and Referrals Tab" and share that with friends or members from other discords. You will earn 10% of all the ETH put into the game by anyone that joins F3D through your link. This referral fee is paid to you for everyone you refer for all of their buys and reinvests. And this is all at no cost to them.

In F3D, referral links used by players are stored within the smart contract itself meaning that you will receive the referral fee for buys from all players you referred even across browsers or different computers ensuring that those marketing the game can receive substantial residual income over time from players. Essentially, FOMO3D referrals are super-sticky. You will continue to receive referral rewards from someone up until the point they purchase using someone else's referral link.

In the event that a player purchases keys without using a referral code and has never used a referral code previously, then that referral fee is instead paid as dividends to P3D holders!

Random Airdrops

When purchasing keys in the "Purchase" tab, you'll notice some text alerting you to the chance of an "airdrop". For example, the text might read: "5% chance to receive a 1 ETH Airdrop with your next purchase!"

1% of all incoming ETH goes into an airdrop side-pot. Each time you purchase keys, you have a % chance of receiving a portion of the airdrop side-pot ETH siphoned directly into your vault. The global chance of receiving an airdrop starts at 0% and increases by 0.1% for every key order (or purchase) over 0.01 ETH.

(Note, if you win an airdrop you are receiving ETH directly to your vault, and not extra keys).

Once your purchase transaction completes on the blockchain, you'll be alerted if the airdrop multiplier was successful on your purchase.

If you win an airdrop, the amount of the airdrop-pot you get depends on how much ETH you risked to win the airdrop chance:

Purchase 0.1-1 ETH, and airdrop wins you 25% of the airdrop side-pot
Purchase 1-10 ETH, and airdrop wins you 50% of the airdrop side-pot
Purchase 10+ ETH, and airdrop wins you 75% of the airdrop side-pot
Be aware that you are competing with other players to receive these airdrops. Once any player receives the airdrop, the chance for everyone resets!

Check it out here

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