326
submitted 1 month ago by ooli@lemmy.world to c/games@lemmy.world
you are viewing a single comment's thread
view the rest of the comments
[-] Paradachshund@lemmy.today 59 points 1 month ago

Pixel Tap, another popular tap game, outright prevents you from progressing past level three unless you invite at least one friend - and by the time the airdrop rolled around, level three wasn't enough to be eligible for any tokens. But for every friend you did invite, you got 5% of the in-game currency they earned, and 1% of anything players they invited made, essentially creating something indicative of a virtual pyramid scheme, or MLM (multi-level marketing), that eventually paid out crypto tokens to those at the top. The Pixel Tap crypto reached a high of $0.0977 shortly after it launched, but at time of writing is now worth $0.006405, less than a tenth of that peak.

Virtual pyramid schemes for monopoly money, lovely.

[-] TheObviousSolution@lemm.ee 11 points 1 month ago

The problem is the monopoly money is being used in a confidence game that's being permitted by governments because all they see are more potentially taxable transactions and don't give a shit about what this means for the longterm health of our societies.

this post was submitted on 22 Sep 2024
326 points (94.5% liked)

Games

32551 readers
463 users here now

Welcome to the largest gaming community on Lemmy! Discussion for all kinds of games. Video games, tabletop games, card games etc.

Weekly Threads:

What Are You Playing?

The Weekly Discussion Topic

Rules:

  1. Submissions have to be related to games

  2. No bigotry or harassment, be civil

  3. No excessive self-promotion

  4. Stay on-topic; no memes, funny videos, giveaways, reposts, or low-effort posts

  5. Mark Spoilers and NSFW

  6. No linking to piracy

More information about the community rules can be found here.

founded 1 year ago
MODERATORS