What is PoWH3D? It is world’s first staking algorithm for Ethereum!How do you earn? You earn in several ways.
- By purchasing PoWH3D coins (called P3D) and holding them. When someone else has weak handsand sells their P3D tokens, you get a personal cut of every weak handed trade. When someone buys into the Proof of Weak Hands Smart Contract and sells back to the contract (get weak hands), there’s a 10% fee. That 10% fee is split out and shared out to all the “strong hands” (those who hold their PD3 tokens) in Ethereum. You can withdraw this cut at any time in ETH from the smart-contract pool.This is the passive income component of PoWH3D.
- When you purchase 5 or more P3D tokens, you automatically qualify as a Node-Master (yes, you are a Master Node) and given your own unique master node-link that you can promote. Anyone who purchases P3D via your master-node link, you get 33% of all fees they would otherwise pay into the contract, directed to you instead as instant Ethereum gains. This is the active income component of PoWH3D.
- The more P3D tokens you hold, the more you earn.
- If the price of Ethereum goes up, the more you earn.
- When more people purchase P3D tokens and enter into the Smart Contract, this naturally drives the price of the P3D token up and you naturally earn more.
I initially purchased about 0.2 ETH and I earned over $7 in dividends in less than 24 hours. I have the option of cashing out my dividends or reinvesting them. PoWH3D IS NOT a lending platform, it is an Etherum mining platform that pays you dividends in Ethereum. As with any mining operation, the more coins you purchase, the more you earn).
How to join in ?
With the purchase of 5 P3D tokens, you became a Master Node. (Note: You can purchase as little as 5 tokens in order to qualify as a master node) For those of you who do not know what a Master Node is simply a cryptocurrency full node or computer wallet that keeps the full copy of the blockchain in real-time. As a Master Node, you are one of many Master Nodes on the Blockchain network who participate in conducting transactions, governance and voting, enabling budgeting and a treasury system in cryptocurrency, and increasing the privacy of transactions.Master Nodes are very useful for crypto investors because of running a Master Node you are incentivized. Consider it just like earning a daily, weekly, or monthly interest on your crypto holdings. In this case, your holdings are P3D tokens.As a Master Node (or Node Master), you are a big deal!
How to Earn?
As I stated above, you earn Ethereum dividends in two ways: (1) Buying and holding P3D tokens and (2) Earning 33% from those who purchase via your Master Node link. (3) Buying more P3D tokens. The more you purchase and hold, the more you earn. (4) When someone gets weak hands and sells their PD3 tokens. I like the option of reinvesting my dividends which build up my P3D count and – in turn – I earn higher dividends. Etherscan is abuzz with activity with the PoWH3D Smart Contract. This is good!
How to play the game
- Install MetaMask in your Google Chrome Browser
- Transfer Ethereum to the unique receive address MetaMask provides you.
- Visit the Smart Exchange and “Buy” your P3D tokens. (Don’t get weak-handed!. Hold your P3D and earn)
Should you buy ?
I would answer, yes. But only what you can afford to lose. SUMMARYI like what I see so far. PoWH3D is new, so I always proceed with caution and sobriety. That is why I did not invest a large amount in it. I would rather use house money. That is, use what I earn from the platform.The PoWH3D took what was a joke (a literal Ponzi scheme) and created a real product.It is a great way to earn Ethereum.Thank for reading my post and would appreciate it a lot if you would use my link if you decide to go in on this ride to the moon with PoWH3D
My Refferal Link: https://powh.io/?masternode=0x4679d1a53a06d5853d8043855705be6e5df2717c