HOW TO EXIT SCAM: Call setCut function and set their cut to 100%. This means that every time a new country is bought, the last owner of this country does not get any eth but is put in the contract instead. Note that also the buyers ETH is in this contract. Owner can simply buy all countries and then call the withdraw function to withdraw their sent funds too.
Not convinced? Look at line 41 (withdraw function), line 36 (setCut), line 12-13 (current cut definitions) and line 195-200 (calculation of cut)
I've gone from .5 to 1.4 ETH on this in the last hour. Guess now is the time to stop?
Aaron Morgan
lol the site is making a fucking killing right now, even if they do exit scam it'll be a few days from now after all the normies flood in
Mason Turner
Don't know what to advise, but the knowledge that the owner can just get setCut to 100% will immediately lock up all funds - they can then take forever to get this ETH out.
Wyatt Long
Yes. If it were me I would have already cashed out.
Whales just started fighting and if it keeps up its gonna git shadowd
Christian Long
eh, good find but I'm betting on the site only leaving once the site is fully open to people. They have so many locked countries right now that it would be stupid for them to stop now
Thomas Watson
Is there any way they can fix it? Or do they have to redeploy the contract?
Jonathan Perez
You can't change the contract once it's deployed.
Thomas Wood
they're also getting a percentage of each sale. they can use their dividends to rebuy their own countries from you and then cashout.
Ryan Mitchell
They should create a contract where they have a max cut. Simply adding an assertion that their cut can never be higher than 5% (which is insane IMO) and not lower than 0%
Also not nice that their site doesn't mention this cut. You "double" your money.
Also did anyone notice that the price increase isn't 2x when the countries hit a certain price? You won't double your money at some point, "just" ~20% in most cases.
