DrugWars – A Ponzi Scheme Mafia Game (DO NOT INVEST)
Most blockchain implementations potentially increase happiness of users because they increase possibilities how to access STEEM and, of course, increase possibilities how to actually use the blockchain. I really appreciate your enthusiasm when a new one appears. However… in this case, shouldn’t we be more skeptical?
How does DrugWars work?
Where do the rewards for drug producers come from?
This is undoubtedly a very important question for discussing this issue further. Rewards, of course, come from players who invest money in upgrading the buildings.
Why do users invest?
In short, they invest because they would also like to be able to receive a share of rewards coming from investing in the game.
Who gets the highest rewards?
Of course, the oldest investors get the highest rewards, because they already got a part of the investment back (because they were receiving rewards in times when the new players did not even know about the game) and they were also upgrading their buildings by spending Drugs, Weapons and Alcohol.
Doesn’t it remind you of something? I personally have some experience with Ponzi sites and DrugWars at least look like one.
Motivation to Play
The motivation to invest and upgrade in this game is fairly decent today. Earnings are still quite high and the potential ROI is very beautiful. However, in order for everything to work, investments are needed. And these investments cannot stop. It is important to say that the motivation to upgrade buildings for STEEMs will be decreasing rapidly. Many old players will upgrade just by clicking (spending Drugs, Alcohol and Weapons) and thus the rewards for new players will be gradually decreasing. The potential ROI will go down and thus there will also be fewer investments, because others will be less and less motivated to join the game.
It could be argued that players will be constantly motivated to reinvest. But so can be those who invest in Ponzi sites.
Finally, I would recapitulate that in my opinion the game DrugWars is potentially very unstable. The rewards will decrease and so the investments will, which will eventually lead to the collapse of the game. And I do not necessarily mean that the game would cease to exist, but rather that it would not serve as an investment opportunity anymore. However, it is possible that some may still play it for fun. Personally, I think that today players are not attracted for fun, but for profit. And they just redistribute money, they do not make STEEMs out of thin air… so somebody will have to lose – probably those who join the game as the last ones. Before there will be some collapse, we could, however, wait a long time for it (after all, @drugwars has now more than 80 000 STEEMs). I do not say that the game developers must have some bad intentions (but even that is possible; when users send so much STEEMs to them, they give them an incredible power). Even if DrugWars will not end up as a scam, we cannot win all in this game and many (probably most) investors will have to lose - those who invest as the last ones. That is why I do not recommend investing in DrugWars at this moment.