Re:Crypto’s hottest game is facing an economic maelstrom
by elliekelly on Friday November 26, 2021 @01:21PM
(#29352630)
According to the article the in-game economy relies on recruiting new investors/players in order to use the new investor/player funds to pay out returns/rewards to current players. How is that not a Ponzi scheme?
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Re:Crypto’s hottest game is facing an economic maelstrom
by LargeWu on Friday November 26, 2021 @01:46PM
(#29352857)
This seems like it's somehow both a pyramid scheme and a Ponzi scheme.
AFAIK, there's nothing inherently illegal about pyramid schemes, but they are often marketed in a fraudulent way.