/dvng/ Dividends Network general - day 5

[Anonymous No.20205969]

Slow and steady wins the race and I should get paid for shilling this elaborated ponzi edition
https://dividends.network

>What's DVN?
The Dividends Network is an innovative series of Ethereum smart contracts which rewards users for their participation in the various dApps in the platform's ecosystem.

Dapps currently include:
-Exchange (Buy/Sell/Transfer)
-Staking (Earn passive rewards from community staking)

>Tokenomics :
The token is a self-minting/self-burning tokens based on buys and sells, similar to how P3D works.
Each time ETH is placed into the smart contract for a BUY, tokens are minted.
Each time Tokens are SOLD for ETH out of the smart contract, tokens are burned.
There is a 20% tax on each buy, sell and reinvestment of your tokens into the exchange, preventing attempts at price manipulation and reducing volatility by rewarding holders in the long term. Besides, there is no tax for collecting your divs nor for transferring your tokens.

TL;DR for brainlets and speedreaders
>Buy DVN on their website
>Hold, and you get dividends in ETH based on the trading volume and your percentage of the tokens you hold, the better strategy for short and mid term
>Stake, and you get a FIXED 1.5% of your stack every day in DVN, the better strategy if you believe in this long term
>20% is taxed once you buy, sell, or unstake. No tax when collecting your divs or transferring the tokens besides the ETH gas network fee

>Why should I care, nigger?
The token is not even a week old, there aren't many holders, the price is only 0.20 - 0.22 USD as of now. It's a good way to invest your money without worrying about it thanks to the already nice dividends despite the low volume. I would advise thinking twice before putting any money in it, since 40% of your investment is TECHNICALLY held hostage until you at least break even. For some people this is a curse but as I've said above, this prevents volatility and rewards holding. Patience is a virtue, especially in crypto.

[Anonymous No.20205985]

is it LBGTQ+ friendly?

[Anonymous No.20206065]

>>20205985
Well, there's a "gal" among the devs. She could possibly be a tranny for your gay virtue signaling desires

[Anonymous No.20206187]

Oh yeah, forgot to mention but there are more dapps coming. See pic related.
They probably should help making the volume higher, if people are interested enough to participate. Personally, I think this is too complicated and will only grab the interest of nerds

[Anonymous No.20206329]

What prevents the devs from removing liquidity? Or simply shutting down the website if they feel like it? What happens if everyone stops trading the token? Won't people be left with worthless bags?

Am I wasting my time asking all these questions? Is it a scam?

[Anonymous No.20206378]

>>20206329
passive income. smart contract on the blockchain and there is a back up of the interface. Dev cant steal liquidity, everything is handled via the smart contract

[Anonymous No.20206468]

>>20205969
>day 5
It's only been 3 days at most, anon. get your facts straight
Not planning on selling any time soon, right now I get between 0.2 - 0.3 ETH per day in divs. I only put 5 ETH in, and so far I haven't been disappointed. It slowed down a little yesterday, but the rewards are there and can be collected instantly compared to other platforms. I wouldn't mind if it stayed like this and low on the radar, it's only the beginning and I'm already satisfied with my investment. The future can only look bright from now, a little marketing push and we can expect this thing to steadily go up in value.

[Anonymous No.20206646]

looks pretty good, like ethereumgold but early

[Anonymous No.20206871]

Heard there's some serious news coming soon

[Anonymous No.20207262]

The coin is brand new and it's already dead, kek.

[Anonymous No.20207663]

>>20207262
not dead.. you're just a poorfag who cant afford to buy in. Don't reply if you can, just do it and post your tx. Put your money where your mouth is

[Anonymous No.20207836]

>>20207663
Why do you pajeet shills always type like this?
Using "..." you're so easily recognizable. Get the fuck out of this board, you're not a 4channer you're a scammer trying to rob people out of their money. The OP almost got me fooled but I guess you're getting better and better at this

[Anonymous No.20208013]

>>20205969
>the price is only 0.20 - 0.22 USD as of now
It's sitting at 0.19. It keeps dumping, people are realizing this thing won't go anywhere. There's no marketing, the team is 4 random guys we know nothing about, the entry and exit fees are way too high compared to the shitty returns we get, the website is poorly made and is reminiscent of scamming platforms. The devs aren't replying to questions in the TG channel nor the discord server, and going by this thread only pajeets are trying to push this project because they believe in compounding returns thinking it's an actual investment when it's yet another crypto gamble. I guess it makes them feel smart.

Don't buy this shitty deadcoin. I'm not trying to give you financial advice but stay away from this. People marketing it as the new ETH gold don't understand that it had way more funds and ETH available than this poorly made pajeet token.

[Anonymous No.20208101]

BIG ANNOUCEMENT

>We had an amazing start and we want to continue to grow. We have something MAJOR coming soon that will catapult this project to a new level and gain us some great exposure.

>Please be patient. More information coming soon.

What does /biz/ make of this? Is this false advertising or should we get our hopes up?
>>20208013
cope

[Anonymous No.20208168]

>>20207836
lol imagine being this paranoid with all the facts on the table. it's rug proof and extremely profitable. basically bitconnect on steroids without any possibility to exit scam but keep the FUD coming it's pure comedy

[Anonymous No.20208198]

>>20208101
>announcing the announcement
classic

[Anonymous No.20208296]

>>20208013
lool devs are actually hard at work on dapps instead of satisfying moonboys 24/7, marketing hasn't even started it's 3 days old this has a professional project timeline i'm sorry ur used low effort shilling like every retarded uniswap moonboy u are

[Anonymous No.20208485]

Im saying you should get in right the fuck now. Huge things coming for this project and marketing hasnt even started yet. Already got like 1eth in divs and. Fucking free eth generator ffs why cant biz see this opportunity?

[Anonymous No.20208876]

Their dc /5UntEsq

[Anonymous No.20209175]

>>20208876
>he wants the 3000 DVN
poorfag

[Anonymous No.20209403]

>>20208485

The buy in and sell fee is scaring them off even though they'd make it back easily if this thing takes off even a little. Bizlets have no patience. If they're not making instant gains they run.

[Anonymous No.20209530]

>he doesn't like free money
You. Deserve. To. Stay. Poor.
You don't even have to do anything after you buy. Imagine being scared of a 20% entry or exit fee when in a matter of weeks, if not days when this inevitably catches on, you'll be above and beyond your initial in no time. Expect massive amounts of FUD from me. Trust me, I'll bully you into selling and giving me more time to accumulate. I'm not gonna miss this one. You will learn the pleasures of bullying