Q: Is this a real thing?
A: Yes, The Gandhiji Smart contract and IND Tokens are built on the Ethereum blockchain. They are real on the Ethereum network.
Q: Wasn't there something similar to this earlier?
A: Yes, there are several variations of this scheme; Gandhiji is the next step forward with it being the only one that had no owner. This means only Gandhiji is in charge, he cannot be corrupted by any human.
Q: Is Gandhiji secure?
A: Yes. a lot of time went into refining and testing Gandhiji’s contract to make sure your tokens are safe. Internal functions of the contract are not accessible to the end user.
Q: What do I need to buy into this Mathematical Strategy Game?
A: You need to install MetaMask and also need to buy some Ether (ETH), probably from something like Coinbase.
Q: Are you planning to steal our Ethereum?
A: We’re hurt that you had to ask. No, there is no way for Gandhiji or any participant to withdraw the Ether of any other participant.
Q: So exactly what happens with the IND tokens that I buy?
A: Every time somebody buys or sell an IND token, the price changes – 0.0000001 higher upon buy, 0.0000001 lower upon sell. If you keep your tokens where they are, you receive 10% from every buy OR sell transaction based upon your current share of tokens. You can convert your current token stash into Ether where it will sit in your dividends pool – your dividends are stored in Ethereum, not in tokens, so their value remains stable (as long as the Ethereum price itself remains stable.) However once you’ve converted your tokens, you won’t be gaining any dividends – and if you want back in you’ll need to either purchase more or simply convert your dividends pool straight back into tokens.
Q: sounds interesting. Can you tell me more?
A: Gandhiji mitigates the risk of fast dumping by penalizing sellers for doing so. If there is a sell off period, you will still be collecting dividends, as well as gain a larger portion of the total token market share in the process. If a buy/sell cycle occurs, the token holders will still collect dividends off the sales, in addition to gaining a larger portion of the total token market share in the process. This way, those who attempt to time the market and perform swing trades; selling high and re-buying low, will be risking a lot – and losing out on soaking up all those precious dividends. If you’d prefer to sit back and play it safe you will profit off of the madness of the greedy whales and weak-handed alike.
Q: So I should definitely get into debt to play this game?
A: NO. You most certainly should not be putting anything you can’t afford to lose on this. PLEASE do not consider this to be anything other than what it intends to be: Gandhiji is a proof of concept turned global. Do not put anything in here that you are not immediately willing to treat as lost.