Hi PH!
There have been so many ICOs recently that it's hard to find a novel, interesting, and useful use case for the blockchain. But I think I found it!
What's the biggest problem people have with pyramid schemes? It's that the founder always tries to exit scam them and run off with all the money. If we removed the founder's ability to do that via a Smart Contract, then we can create a Pyramid Scheme that's secure, fun, and easy to use - We're disrupting Big Pyramid Scheme.
The way it works is simple - the current price of a PonziCoin token is 0.01 ETH. Every time 100 tokens are sold, the price will double. At any time, you can cash out for 25% of the current price - so if 300 tokens are sold after you buy yours, you've already doubled your money!
(This is a satire product, please don't put any significant amount of money into it because it is a literal pyramid scheme. I wanted to learn how to create a Smart Contract https://github.com/reparadocs/Po... and also showcase some of the ridiculous sounding things I've heard about cryptocurrencies around the internet)
Hope you enjoy it :)
Comradery