You are viewing a single comment's thread from:RE: Cryptocurrency: VIVA Crown ProjectView the full contextwingz (65)in #vivacoin • 7 years ago Hmm @lexikon082 seems interesting... why is Viva NOT a ponzi scheme?
That question has been answered! Feel free to read! https://steemit.com/viva/@vivacoin/is-this-a-ponzi-scheme
You and I both know that doesn't even remotely answer the question.
The entire structure that came before this ico screams Ponzi.
I imagine you're only posting because you have a vested interest.
Please think of the moral implications of your endorsement.
Zero revenue, hippy style economic system.
It's a new age Ponzi.
Be careful.
Ponzi schemes have zero revenue generation. Early adopters are paid from new adopters. Viva has real world business applications that generate revenue. This revenue is then inserted into the Viva economy. This is not a Ponzi scheme.
Perhaps, those are the promises.
Did you know that the first viva crows were sold for $6.5 each?
Also any subsequent crowns were sold at a higher price? All investors of previous rounds were aware of this.
Until we reach the big ico now, where prices are many multiples higher.
No source code released. A convoluted Ponzi structure.
... With loads of Steemit posts about it... Yawn. Please?