Could it be that someone has figured out how to make bitconnect into a smart contract? I believe so. If you've not heard Daily Divs, it’s a smart contract that offers 4 ways to earn ethereum passively.
One - Exchange Game:
Basically, you buy into the smart contract and purchase token at the current token price. Note that a total of 25% will be taxed on what you put in. So if you put in 1 ETH you will 20% or .2 ETH will be distributed to the community, where each member will get a share based on the % of the total contract tokens they respectively in the form of dividends, that can be either reinvested and re-taxed or withdrawn for no fee at any time.
A total of 5% or .05 ETH in the example of investing 1 ETH total, will to toward a pot for the developers. Likewise when you sell your tokens you will be taxed in the same way (also note that the buy price and sell prices are different so be mindful of that), however if you keep in mind that you hold until you make 50% of your investment back in dividends you will recoup your investment.
The fact that all who have invested have to earn 50% before they are in profit incentives participation from all to hold until they reach the profit point. I have invested in this game and to date have 334 tokens and have made some dividends.
Two – Lotto Game:
The Lotto game is as it sounds a gamble, where you place a bid for .01 ETH, a third of the buyin goes towards the pot and you will be given a random number between 1 and 1,000,000. If your random number is higher than the (hourly, daily, and weekly) high number you take the lead. If you maintain the lead by the time the clock diminishes you win half of the pot. At the time of this writing I am currently set to win the hourly pot.
Three – Smart Lending Game (The Smart Bitconnect Option):
This is the most costly of all options, where you have to deposit a minimum of 350 tokens, however you are rewarded a daily return on the tokens of 1.33% (39.9% monthly). All profits will be in the form of the token which value will rise as more people come into the contract. You can choose to reinvest or withdraw at the dividends at no fee. At anytime you can withdraw your principal but will pay a 20% tax, so make sure you are in profit from dividends and the value of the token before you decide to do so.
Four - Masternode:
When you join you will automatically have a masternode generated that will allow you to accumulate dividends (at no cost to your refers), up to three levels of referrals.
• Level 1: 50% of the 20% tax paid to community from referee entry fee
• Level 2: 30% of the 20% tax paid to community from referee entry fee
• Level 3: 20% of the 20% tax paid to community from referee entry fee
My Experience:
I just learned about this a couple of hours ago and have the same feeling that I experienced with I was an early adopter of P3D (Proof of Weak Hands), which I am still a hodler of and have benefited with a net profit of over 180% return.
At the time of this writing I have just benefitted from being the winner of the hourly lotto and currently earning dividends form the “Exchange Game”. I think this is still early as the release was the first of September but encourage anyone to check it out and weigh out the risks.
Should you choose to participate, I would appreciate if you could use my masternode link here, this would cost you nothing but could certainly help me.
https://exchange.dailydivs.com/?masternode=0x12b2398405f49dec00d7ceef9c0925e6fc96c51f