Is Crypto Egg Game's 10% daily return too good to be true??
These farming/mining game sites have been popping up a lot over the past several months. One that is starting to regain popularity is Crypto Egg Game. It launched back in August and it operates like all the others, but offers a whopping 10% return per day.
The BNB balance in this project has been pretty stagnant over the past couple of weeks, but over the last two days has jumped up 37% as the site has been getting more mentions around the web.
The project is similar to BNB Miner, and I'm guessing the tokenomics are basically the same. Like BNB Miner, I question the longevity of the project due to the fact that dishing out 10% on a daily basis seems unsustainable.
I put in 0.3 BNB to test out how it stacks up to BNB Miner and DRIP. I'll do a follow-up to post my results.
Once you hire "chickens" you return every 24 hours to either re-compound your returns, or withdraw to your wallet. Since it returns 10% each day, the compounding interest on this is pretty crazy. Running a scenario of a $415 initial investment (the price of 1 BNB at the time of this article) compounding for just 90 days, you end up with an investment valued at $2,204,904.38.
Like I've said with BNB Miner, this may be worth taking a small shot simply for the entertainment value alone, kind of like playing the lottery. And if the project does have some longevity to it, well then you're due for some serious returns!
How To:
- Purchase BNB. I'm based in the States so I use Binance.US.
- Transfer your BNB to your Metamask or Binance wallet.
- Go to https://cryptoegg.games/cryptoegg?ref=0x3f07590Cf21e0D6C0F9A2bFDeEB4D3d4adCB16De
- Enter the amount of BNB you want to use to hire miners - remember to leave some BNB for gas for this miner purchase, plus future compounding or withdrawals.
- Click the big yellow “Buy _____ Miners” button
After that, just make sure you return once a day to either "Reinvest BNB to buy miners" (re-compound your returns), or "Withdraw your BNB."