Ethereum-Based Gambling Site Fomo3D Surges 13,217% in Daily Volume

Submitted by Guest on

Written by :

Guest

Published on :

Ethereum-Based Gambling Site Fomo3D Surges 13,217% in Daily Volume

Fomo3D, an Ethereum-based gambling DApp, has risen a shocking 13,217% over the past 24 hours, leading some to suspect this is an elaborate ponzi scheme.

DappRadar reports:

“Fomo3D is an ironic jab at the cryptocurrency ICO space, putting every player in the terrifying and tempting position to Exit Scam everything and run away with massive life-changing amounts of real Ethereum. You should take it. Made by Team JUST as a 100% trustless library of smart contracts. Fomo3D is intentionally designed so that developers have no access to the funds or influence on the rounds. The game runs entirely on human greed, to the profit of everyone playing.”

Fomo3D claims to be a decentralized application (Dapp) running on the Ethereum exit-scam network.

"The game consists of a smart contract (an autonomous program on the Ethereum network) carefully programmed and deployed so that we as developers have no influence or impact upon the game, the Ethereum in the contract, or advantages thereof. The application itself is completely trustless, will run until the Ethereum network dies and no matter how tantalizingly large the pot gets, will only be paid out according to the game rules."

- Aaron Goldstein, Gambling911.com

Related Content

Dave & Busters

Suit Against Dave & Busters in South Carolina Court Claims Arcade Games Are Unlawful Gambling

A state advocacy group filed a suit in the District Court of South Carolina Florence Division late Wednesday April 15 arguing the chain’s games function as unlawful gambling rather than entertainment.
Fanatics Markets

Fanatics Markets Unveils Combos

Just in time for basketball’s postseason, Fanatics Markets is introducing a bigger way to trade with Combos.
Curacao

Curacao Is Still the Most Popular Gambling License. But the Rules Have Changed

If you have spent any time around the online gambling industry, you have heard the same pitch for Curacao a hundred times: cheap, fast, easy. For years that pitch was essentially accurate.
1Win airplane with man stepping out

Tyga Enters 1win VIP Program, as Platform Blends Crypto and Entertainment

1win continues to evolve its VIP ecosystem, bringing global rapper Tyga into its high-tier community while reinforcing its positioning as a crypto-first entertainment platform.