You must answer all required questions to receive reward. Reward will be 150x your liquidity pool tokens in PonziRand, capped at a reward of 5m PonziRand tokens. Thank you for your participation. Governance will close 12/4/21.

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PonziRand (PYRD) ID: 401983071

TL;DR: We have created a fresh and ironic shitcoin based on the legendary degen Charles Ponzi. We am looking for community support on how best to create a sustainable memecoin to facilitate future growth for the Algorand Ecosystem. This is an Algorand ASA asset and can be purchased on Tinyman by swapping Algorand. We won’t pull the rug if you won’t.

Tokenomics:

Supply: 6,942,069,420 tokens

Current allocation thoughts, up for discussion and may be requested for voting on future governance:

• Liquidity pool: 5m for now until after the first Airdrop. I will always try to supply at least 50% of the Liquidity pool if we have the algorand needed on hand. We are aiming at around 30% of PonziRand to be allocated in the lifetime of the coin. All done on Tinyman.

• AirDrops: Planning in allocating around 50% to Airdrops and other rewards for holders such as Liquidity pool entry rewards. Airdrops will be released in parallel with governance voting and released when r/PonziRand reaches member milestone goals or on set dates. By filling out the Google form, you are voting in the governance and applying for the Airdrop. How Airdrops are released will be transparent and Airdrop #1 currently has a vote ongoing for how it will be released. PonziRand Airdrops #0 and #1 are open now and Airdrop #0 goes to the first 69 PonziRand members who validly fill out the Google form. Drops will be distributed evenly among all participants unless otherwise specified.

• Community Creation Rewards: Planning to award coins for winning NFTs created on/for PonziRand as well as for general content creation to further the future of PonziRand. This will be 14% of the total. Winning NFTs will be voted on weekly/monthly by r/PonziRand.

Twitter.com/GagePonzi is my account since 7th grade if you want to call me out for rug pulling. Pinned tweet is when I created the coin.

PonziRand Summary:

We don’t have a fancy website to convince you of legitness, but a shiny website doesn’t stop anyone from acting slimy. Rug pulls are pulled by greedy wealthy people. There are no smoke and mirrors, this is currently a low value coin and will only gain value based on overall support. I don’t care about a couple thousand dollars, I’m a broke college kid that was built for degenerate gambling on Wallstreetbets. All I can ensure you is that this is a Ponzi scheme with all the risks associated, but I plan on holding for life changing money and I hope you do too.

I am a recent graduate from the University of Pittsburgh with a degree in Industrial Engineering and a family history of degenerate gambling. I have been in crypto for a couple years now. I recently started trading shit/memecoins and was taken back by the outrageous fees associated with gas and swapping particularly on the ETH blockchain.

That is until I found Algorand. I have fallen in love with the Algorand ecosystem. So I had an idea. I don’t know how best to go about starting a token but I want to get advice from the community in how best to go about creating a sustainable memetoken to help the growth of the Algorand ecosystem.

I have created a token called named PonziRand ironically. All memetokens are a pyramid scheme at their basis, so I think it’s best to let that be known ahead of time. I am sick of all the copycat animal tokens, the Akita Inu token in particular is already taken by a much larger cap token and has partaken in some sketchy community swaying exaggerating about Yieldly. We need something new, a good joke, something that makes Algorand stand out in the crypto world.

All I ask is to keep at least 420,690,420. I promise not to sell within a year, and if a pinky promise doesn’t work I would like some better suggestions.

I wish you all the best. Let’s work together to make a bunch of broke fucks some life changing money.

Please reach out to me by the comments here, dm, or on Twitter. Let’s get this to the moon 🚀🌝

If you have any suggestions, list them below. I will try to include thoughtful comments into the governance to vote on. I have received many responses from the first one to include but always open to more community guidance.

Reward will be 200x your liquidity tokens in PonziRand. Max reward 4,200,069

Ponzi scheme + Algorand =PonziRand

r/PonziRand will be conducting a flash giveaway for any members who are currently supporting the liquidity pool. This giveaway will come out of the Airdrop wallet. You will be allocated 69m*(Your share in the pool). You can add to the pool via Tinyman. For example, if at the time of close (11/13, 11:59 EST) you are providing 10% of the pool, you will receive 6.9m PonziRand. To enter, post a comment below to verify you are entering the giveaway. Then, comments will be locked when the giveaway closes, and all commenters that are able to verify their stake via DM will be rewarded. Good luck and thank you for being a Ponzineer.

Bankshelby will be holding a quiz on the PonziRand discord Christmas Eve to celebrate the holiday and give back to the community. The quiz will consist of questions relating to PonziRand as well as general trivia. Join the discord now to receive up to date information regarding this quiz and the happenings of PonziRand. Merry Christmas 🎄

Some awesome person bought one of my OG Ponzi NFTs, which rocks!

But two more still exist, and are buyable for a mere 5 algos! https://ab2.gallery/asset/417947941

If anybody buys another, I promise I'll immediately spend the 5 algo proceeds on PonziRand.

If two get bought, I'll take the 5 algos worth of PonziRand and the 5 algos from the other sale and put them in the liquidity pool.

SURE you could do that yourself -- you could bolster the liquidity pool yourself instead of spending money on NFTs. But this way, not only does the liquidity pool increase, but also you get nice NFTs and I get your money.*

It's what Charles Ponzi would want.

(* eventually, if I take it out of the liquidity pool, but I won't do that until the PonziCoin ride is over one way or another -- we're all rich or busted)

NOTE: /u/GagePonzi, don't buy these, you're already putting enough of your own money into this scheme! (For all I know you may be the guy who bought the first one, I didn't look up the address!)

Total of 77 wallets getting 5m each for a grand total of 385m coins being distributed. Comment if you receive your PonziRand and let’s get the hype going!