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RE: What is POWH3D (proof of weak hands)?
As you said POWH3D is pyramid scheme. A pyramid scheme is a scam. Also if you go the the website all the way on the bottom it says made possible by "bitconneee." on top of that they have a section that is labeled memes per hour. Surely your not taking these guys serious are you?
It is a legit pyramid scheme. You know your risks, it is transparent scheme, made on Ethereum contract, fully decentralized. It is made possible by many others as well as "bitconneee". Have a look at the same place where you saw "bitconneee", you will find there also Monero, Theter, Ripple and many others. So, yes I am taking this guys seriously.