Gandhiji.io - The Unstoppable Ethereum Smart Contract
Gandhiji.io - The Unstoppable Ethereum Smart Contract
The Gandhiji Smart Contract is alive on the Ethereum Blockchain and is the first of its kind that has no owner or administrator. No one owns, or is in control of the Gandhiji smart contract , The contract rules cannot be modified and its open source on the blockchain. The Gandhiji smart contract sole purpose is to manage the distribution of its IND tokens and Instant Karma Ethereum rewards.
Gandhiji Smart Contract UI : https://gandhiji.io/ind/?karma=0xba0cd7b69cb16683394e42cb5c5d89d1a38f043a
IND Token
Every trade, buy or sell, has a 10% flat transaction fee applied. Instead of this going to the exchange,
the fee is split between all currently held tokens! 10% of all volume this cryptocurrency ever experiences, is set aside for the token holders, as ethereum rewards that you can instantly withdraw whenever you'd like.
OPEN SOURCE
Every ethereum transaction is handled by a piece of unchangable blockchain programming known as a smart-contract.
MINING
When someone chooses to buy, sell or trade IDN tokens, a 10% transaction fee is applied. That fee, proof of that trader's weak hands, is split across all tokens currently in circulation as a reward to those holding them. Buyers' newly-purchased tokens are added to circulation before the fee is allocated.
Anyone who holds tokens can withdraw their share of those earnings anytime, in ETH from the smart-contract pool, no fee attached.
Karma Links
Owning a Karma Link gives you a unique link that the smart contract recognizes, anyone buying into the contract via your link has 33% of all fees they would otherwise pay into the contract, directed to you instead as instant ethereum gains.
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This is the active-gains component of the contract, build your own network that rewards you!
Supported Wallets
This is a decentralized smart contract so if anything was ever happen to the website of gandhiji there is no problem accessing your funds. Metamask is the main way to interact with the site, There is also a backup exchange site here and you can use etherscan , MyEtherWallet or MyCrypto to write functions to the smart contract directly
Community
Join The Gandhiji Community on Telegram and discord !
Discord https://discordapp.com/invite/q6G2TuZ
Telegram https://t.me/gandhijiio
This guy is a scammer, dont beleive anything he says, help the community out by flagging his post!
Already did :) and yes lamest ponzi ever!
"to buy, sell or trade IDN tokens" So there is a 10% fee on sending them to another user, since buy or sell covers all kind of trading except p2p transactions..??
10% fee when buying, how is that fee payed? Do you need balance in ETH or do you just loose 10% of the bought amount?
Sounds dam strange to loose 10% of a trade to get a small fraction of that back later? How would trading volume ever be motivated with such a massive fee? No volume = worthless token....It will take for ever to get the 10% back and if you touch the tokens in anyway, another 10% gone....lol
To put Gandhi on such a useless idea is blasphemy! Sounds like a straight up scam....
It looks like you dont understand the concept, There is no reason to transact with IND tokens as each transfer has a 10% fee. It is meant to be a store of value just like bitcoin not a payment option. You hold the IND tokens and each buy, sell , or transfer anyone makes you earn rewards on. There are hundreds of people who are already in profit with this smart contract. It is in no way a scam , You should join the community and ask the questions you have there , others in the discord or telegram can answer any concerns or questions better than i can.
You should not transact only buy tokens and hodl, this will cause them to be worthless when there is no more new buyers, like any ponzi, BTC is a method of transaction otherwise it would be useless as well, BTC is doing 300,000 transactions a day lol so that is just the worst thing i¨'ve ever heard :P
Why be a donk and flag someone's comment after asking a question @clausewitz? Seems pretty juvenile. Can we stop this kind of behavior? There is nothing offensive here that requires a flag imo.
Promote ponzis and call the one asking questions, which was me, un-educated lol that is the purpose of flags....
He also states BTC is not for transactions while it is doing 300,000 a day, clearly a scammer.
@sku77-poprocks why make it personal ? I am rational and i chose what content to flag...
Why talk bout ME? We are discussing a project here, a ponzi scheme not me, we are not school girls, explain why it is no PONZI or gtfo.... Mention me again in a comment and I flag you as well, wtf is this? Kids hour in kindergarten?
Because you're being a child. All dapps are ponzi's by your standards. People paid 10s of thousands of dollars for kitties nobody wants, the kitties are worthless without new buyers etc. You should spread love not war. You accusing it of being a ponzi is offensive. If you don't like it don't participate. But don't act like a child, or do. It doesn't matter. I would like the conversation to stay civil. If you ask a question, allow the answer to be viewable. That's fair no? Why make it seem as if you are conversing with yourself. You actions are a bad look for steemit, even if you don't think they are not. Would you like to come to discord and have a real conversation about it where you don't get to hide whatever response you choose? I'm open to chatting, the developer is there as well, and you can have a genuine conversation and see what that community is about and why it is doing this project. Thanks
"People paid 10s of thousands of dollars for kitties nobody wants, the kitties are worthless without new buyers etc." No they are cute collectibles, a bad idea not a ponzi....
"You should spread love not war. You accusing it of being a ponzi is offensive" I love to spread love, not to ponzi schemes though...
"If you ask a question, allow the answer to be viewable. That's fair no?"
Very, but there was no question asked, just a defensive statement on a lame ponzi... I am beeing civilized and rational, I think this deserves flagging and cautios handeling, it might rip someone off otherwies....
"I'm open to chatting, the developer is there as well, and you can have a genuine conversation and see what that community is about and why it is doing this project"*
He should talk to the guy promoting it like a ponzi and defending it with the definition of a ponzi, not me I do not care what so ever and have no interest in the project...
"Because you're being a child." Yeah some users always call other users a child or W/E, which proves you have nothing to add and took it personal, which I do not and I am not offended...... Move on...
Stop discussing me and explain why its no PONZI what is this??
No, you're just saying you don't like this kind of dapp for subjective reasons, but it doesn't make you right. It only makes it right for you not to participate, right? You don't get to define dapps as ponzis. Its a dapp, you don't like it that's cool. Again, open to having a conversation with you in discord.
This is not a cryptocurrency it is a smart contract, It is not a ponzi based on the definition of a ponzi. Please do some research before making stupid accusations . It makes you look uneducated.
It sure is a ponzi by definition, the tokens and smart contract has 0 value with no new buyers, the only value is added by new buyers = ponzi.... Seems you should do the research!
Nice approach, calling me uneducated for asking legit questions, that makes you look super legit!
Sorry im not going to try to educate you on the truth, you can keep believing lies. Once you are ready to learn the truth you can join the community and talk to the developer himself
I am not sure how to respond...I am always ready to learn, feel free to change my mind with said truth....
Im not associated with the project so i can act how i want , And i will call out your bullshit when i see it, The project is not a scam or a ponzi and people who are educated know about the smart contract code, how it works know its flawless. Do some research like a quick google search on a ponzi. A ponzi is an "investment swindle in which some early investors are paid off with money put up by later ones in order to encourage more and bigger risks" In gandhiji there is no such thing as early investors as the smart contract will operate until the ethereum blockchain dies. Gandhiji does not pay investors from others investments , it pays from the transaction fee that the buyer pays to make their investment . The smart contract does not guarantee anything as the dividends come ONLY when there is a buy, sell , or a transfer. Every ponzi scheme collapses when there is not enough new investors to pay old investors, In gandhiji this cannot happen as you earn ONLY when others are buying , selling , transferring.There will ALWAYS be enough ethereum for every single token to be sold back to the contract. Tokens are created when bought and destroyed when sold. This is a decentralized token economy and its REVOLUNIONARY . Its sad how blind you are to the truth
When you have no new buyers, you have 0 dividend and 0 usage of the token = dead token. It sure has early investors, someone was first, someone is making cash of the new investors and the dividend will slow down and rip off the newer investors. I would run for cover if I was you, sell the shit and move on :) But its your money have fun!
(facepalm)