Ethereum Classic Hourglass Games Update: Rainmaker Vs Jackpot

in #ethereumclassic6 years ago (edited)

p3D on ETC-5.jpg

If you are an ETC HODLer and are looking for an investment like game P3C is one worth looking into.##

The P3Cprojects is fairly new, and modeled after the P3D project.

The Market has been bleeding but Strong Handed Players of this game have still been enjoying daily interest payments on their investments

Strong handed simply means that you HODL your tokens and ETC instead of trying to move them around to find the best investment.

These projects are a great reminder that "the market" does not control everything. Sometimes a group of devs can make the market trends not matter and show profits to their investors even if everyone else is losing money.

One addition to this contract is The Rainmaker

Rainmaker on the P3C Network is a floor creator

Part of the gamble in these online games, is how the tokens are created. Every time a person buys into a contract, tokens are created at a slightly higher price than the person who bought before them. Every time a person sells from the contract, tokens are burned and the value of all the tokens goes down just a bit. All tokens have the same value, the value of the tokens rises and falls depending on wether Investors are buying or selling.

This means that if you buy tokens, and then Investors sell, the value of your tokens becomes less than what you bought them for. That is quite a gamble. Although you do make money in the form of "divs" when others sell, having your tokens go down in value is not a good thing.

In comes The Rainmaker. The Rainmaker was created by the devs of the P3C program to retain a floor for the P3C project. The rainmaker is a smart contract within the smart contract that was funded with 10,000 P3C tokens. A gift from the devs to future investors. This Rainmaker accumulates dividends just like any other player, when a community player hits that re-invest button, The Rainmaker re-invests, and showers all of the token holders with "Rains" in the form of divs.

The floor means that because The Rainmaker is constantly accumulating tokens that cannot be sold, all tokens have a certain value that they cannot fall under. In the P3C contract you will never see tokens that sell for less than a certain amount. The RainMaker makes it impossible for tokens to lose all their value. The P3C team is also promising that there is more coming. They just don't want to tell us what until they are ready to launch.

The P3C team did a good job of retaining their value today. There were transactions coming in and transactions going out, which paid all strong holders a little bit of dividends. They had 5,292 ETC in their contract yesterday, and have 5,269 today. The buy price is currently 0.0112 ETC or 0.15 USD per P3C token.

Thank you for stopping by today. I am enjoying watching these projects grow and telling my Steemit friends about all of the details

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images and graphics used are mine and compiled together using Canva or simply uploaded from my phone. except the banners which are used with the permission of the community who they were created for

** Please do your own research before investing in these or any other platforms. The links are affiliate links and I will make a profit if you buy into either project through them. I am not a certified financial advisor and don't claim to be **

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