How RollerCoin ACTUALLY works

Wondering how RollerCoin works?

By bosluistepel | BosluisTepel_TidBits | 23 Apr 2021


RollerCoin is an online cryptocurrency mining simulator, NOT an online investment platform. A lot of people sees RollerCoin as a Ponzi scheme or a scam.

Investopedia defines a Ponzi Scheme as follows:

A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to investors. A Ponzi scheme is a fraudulent investing scam which generates returns for earlier investors with money taken from later investors. This is similar to a pyramid scheme in that both are based on using new investors’ funds to pay the earlier backers.

Based on the above definition, where it states "A Ponzi scheme is a fraudulent investing scam", RollerCoin is not a Ponzi scheme as it is not an online investment platform whatsoever. RollerCoin is a game, simulating cryptocurrency mining, with real-world mining mechanics used in the game.

The platform has said that the money that they make is used for player withdrawals, advertising, salaries and general project expenses. They make their money in the following ways:

  • Advertising
  • In-game puchases
  • Sponsorships

With the game being a mining simulator, players are not connected to real-world mining nodes. They also do not make use of your phone or PC, through mining scripts, to mine real-world mining nodes.

Although the mining in the game is simulated, players can earn REAL CRYPTOCURRENCY by taking part in the game. This cryptocurrency that is earned in-game can be used to purchase in-game miners or be withdrawn to your cryptocurrency wallet (as soon as it reaches the minimum withdrawal values for each cryptocurrency).

Power in the game can increased in two ways:

  • Virtual Miners
    • The power generated from these are permanent, it’s a combination of all miners' power in your mining room.
  • Playing Games:
    • The power generated with this method is temporary. It only stays for 24 hours. The greater your amount of games won is, the better your in-game PC becomes which can hold your power for longer - 3, 5 and 7 days respectively.

RollerCoin has been live since 2017 and have paid out the following cryptocurrencies to their players over the last four years:

  • 11.66 BTC
  • 24,506,398 DOGE
  • 153 ETH

Get your share of the cryptocurrencies by registering an account today! https://rollercoin.com/

Get Crypto

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BosluisTepel_TidBits
BosluisTepel_TidBits

Anything and everything in the world of a software engineer working with online payments and PCI DSS standards in the world of online gaming also including anything I find interesting

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