The ethereum network has another pair of smash hit dapps. The decentralized applications have proven to be a viral success over the past week, amassing more transactions than IDEX and accruing seven-day trading volume of 180,000 ETH. There’s just one problem: both dapps are ponzi schemes in which virtually everyone who plays will lose.
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Ethereum’s Latest Killer App Will Rek a Lot of People
The clue is in the URL. Fomo3D, which resides at exitscam.me, is an exit scam. The game is the product of Team JUST, a group of developers that gets its name from a Brendan Fraser/The Barber meta-meme whose origins are too niche to explain here. Play Fomo3D and there’s an overwhelming chance you’ll get ‘Justed’. That is, wind up with an ethereum balance that is the equivalent of this haircut:
Despite the near certainty of getting rekt, gamblers have been throwing their ether into Fomo3D and PoWH3D (Proof of Weak Hands) with wild abandon. The games, like most of the overt ponzi schemes to have dominated the ethereum network, found traction on 4chan’s /biz/ messageboard before going viral. “143,903 Transactions. 134,660.14 Eth. We shattered blockchain records, with each of the pieces of our ecosystem genuinely beating the highest dapp traffic games like this have seen on the blockchain in 24 hours. Individually,” boasted Team JUST. “Neat.”
Fomo3D
The Games That Play on Human Greed
Fomo3D is an ironic jab at the cryptocurrency ICO space,” explain the game’s developers, “putting every player in the terrifying and tempting position to Exit Scam everything and run away with massive life-changing amounts of real Ethereum. You should take it…The
