Etheremon: A New Game on the Ethereum Blockchain …

Etheremon: A New Game on the Ethereum Blockchain …

Etheremon: A New Game on the Ethereum Blockchain or Another Financial Pyramid?

Sooner or later, someone had to try to replicate the success of CryptoKitties, a collectible game whose popularity caused the Ethereum blockchain to become congested in early December. Meet Etheremon or, as users already call it, Ponzimon.

In the new game, users are invited to buy virtual monsters for ETH, which will bring their owners a certain percentage depending on their popularity.

At the current stage, the game cannot boast of complex scenarios: you buy a card with an egg depicted on it, and in the future, maybe you can sell it to someone or use it to participate in battles. To start playing, just go to the site through the browser with the Metamask extension activated and the ether downloaded to it.

Right now, all you can do with Etheremon is just store them. Every time someone buys a monster of the same type as yours, you get a small percentage. Moreover, the monsters themselves are not cheap: from 0.37 ETH ($ 300) to 1.25 ETH ($ 1,000).

And then a problem arises: at the current stage, the game is not much different from the usual financial pyramid, in which early investors receive money at the expense of new investors. When investors run out, payouts run out.

However, this is of little concern to players who are in a hurry to enter the first ranks of Etheremon owners, which has already led to another increase in fees in the Ethereum blockchain..

Reddit users pay attention to the fact that the game is not decentralized, and the smart contract allows the developer to withdraw players’ money at any time.

Etheremon: A New Game on the Ethereum Blockchain ...

One of the organizers of Etheremon replied that the project is completely transparent, and if they want to steal money, the whole world will know about it..

In addition, now all monsters are presented in the form of eggs, because the original images of Etheremon, apparently, were borrowed by the developers without the permission of the author..

At the time of publication, the site posted a message: “All images will be changed. We are discussing with the artists the possibility of using images “.

Etheremon: A New Game on the Ethereum Blockchain ...
Etheremon: A New Game on the Ethereum Blockchain ...

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