Powh3D is creating a lot of buzz in the market. When I first came across Powh3D my initial gut reaction was to run the other way. I saw the next Bitconnect, Davor, Lending Scam. I was challenged by some of my contacts to look a little closer.
The more I looked I realized the technology backing this project is something that has never been done in the Crypto space. With a locked down Smart contract allowing the project to run autonomously on the ERC20 network in a truly decentralized fashion.
Here are some details that were taken from the PoWH3D Discord
1). What is the Powh3D Project?
Powh3D is a tokenized three-dimensional economy simulation that runs entirely off the Ethereum blockchain via a smart contract.
2). What is a Smart Contract?
A Smart contract is a set-in-stone piece of programming language that was submitted to the Ethereum (Eth) network upon launch of our token. The smart contract handles all Eth and tokens autonomously without any form of human input, and its calculations and functions are confirmed across thousands of computers across the world before they are run.
3). Can You edit this game now that it's running?
While it's possible to program rules into a smart contract to allow some editing. The only features the developers made editable are the name of the token and the price of the Masternode feature.
4). Do Developers have access to the wallet or funds?*
The development team intentionally did not program in a way for them to access the Eth or tokens in this game. It is run entirely 100% autonomously by the code you can read open-source on the smart contract. No humans are allowed to intervene. Period.
5). How is this token run without developer interaction?
Generally, an ERC20 Token is created through a smart contract with a set supply under developer control then sold through an external ICO to users interested in the currency, most trades and transfers for the token then occur outside of the smart contract, usually on an exchange.
P3D Tokens are managed entirely on the smart contract, the purchasing process creates the tokens and puts the funds directly into the contract. The selling process melts those tokens down and returns the funds to the seller directly. Because of the unique way that this process works, the token can function under unique rules not possible on other cryptocurrencies.
6). What unique features does the token have?
P3D Tokens operate under a perfect economic simulation in which all transactions (buy/sell/trade) are taxed 10% automatically. Since the smart-contract operates its own exchange and the token is autonomous, these fees are automatically split up and rewarded to all token holders instead of a centralized governing body. Simply put, each token grants you a stake of 10% of all volume the cryptocurrency experiences.
7). How do I play?
Playing Powh3d requires you install Metamask. It's an add-on for your web browser that makes managing an ETH wallet extremely simple. Follow the instructions it provides very carefully and absolutely make sure you back up your seed key somewhere safe. After that, simply transfer eth into the address Metamask gives you as your own account and visit our exchange and hit "Buy". The rest is left to how strong your hands are.
Interested in checking out PoWH3D - http://bit.ly/MM_Powh3D
Here are a couple of videos I've done on the project
Powh3D--> http://bit.ly/MM_Powh3d
Metamask--> https://metamask.io/
MyEtherWallet--> https://www.myetherwallet.com/
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Powh3D--> https://discord.gg/zfc7MMq
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Cryptocurrency trading enthusiasts, nothing gets me going like making Crypto passively. This channel focuses on the opportunities in 2018 to grow you Crypto portfolio. I utilize Crypto Currency Trading Bot's, specifically Cryptohopper to day-trade enabling me to earn a passive income. I also cover Long Term Altcoin holds, Cloud Mining, and ICO's. My goal is to make this channel upfront and honest about my successes and failure, I hope you learn from both. Any compensation I receive for talking about a product will always be disclosed to my viewers.