Phoenix is a decentralized autonomous organization based on blockchain technology which offers a completely transparent financial algorithm that enables investors to receive maximum profits with minimal risk.
How Phoenix Works
Let’s say you joined Phoenix and invested 10 ETH in Round 1. At the end of Round 2, you would have received your first profit of 20 ETH. At the end of Round 3, you would receive another 20 ETH. At the end of Round 4 you would receive 40 ETH, and so forth and so on. Practically speaking, the fluctuating price of Ethereum is of no consequence since you will be earning many times your initial investment in profit with the successful completion of each round. You can see an exact breakdown of profits by using the ROI calculator on the Phoenix website.
Looks pretty good, yes? Don’t take our word for it, though. You can see a complete record of payouts here. To date, nearly 200 ETH has been paid out to Phoenix participants, with recent payouts ranging from 4 ETH all the way up to 99 ETH. This is only a representative sample, of course. Your actual rate of return will depend largely on how much you invest.
Each time a user invests in Phoenix, a smart contract is created that works completely independently while the platform itself keeps working. The smart contract never deviates from the rules and there are no third parties involved in the process – only you and the decentralized platform.
It was rumored that the Phoenix team would implement new methods of payment this April and that all of the main cryptocurrencies (BTC, XMR, LTC, etc), as well as fiat money, would be supported. It is true that the team is working on this, however, at present time you can only join Phoenix using Ethereum.
Smart contract expert and ICO Advisor John Chang said:
The success of Phoenix DAO shows that this way of investing in smart contracts was reinvented.
While the crypto market has been fluctuating with UPs and DOWNs for quite a long period of time, Phoenix can provide a stable algorithm with a proven profit generation formula. The Phoenix platform is quite unique as it operates on the Ethereum blockchain-based computing platform and uses a proprietary mathematical algorithm that allows its users to make money in only a couple of days with minimal financial risks at play.
This tool runs on a self-explanatory financial algorithm that will continuously accumulate the users’ investments for every successfully completed round. Moreover, the Phoenix team is working on integrating new payment methods that will allow members to join Phoenix not only with ETH but with BTC, USD, XMR and so on. These developments are sparking serious interest from crypto “whales” who are wanting to join Phoenix before the new payment methods go into effect. Joining before whales will guarantee more profits for ordinary crypto investors.
Investors that are interested in participating in or learning more about the Phoenix.Wiki investment platform should visit their official website at http://www.phoenix.wiki.
And just a reminder. The smart contract code – which has no expiration date – can be viewed and audited at any time by using a simple Ethereum block explorer. As long as rounds are successfully completed, you will never stop making a profit.
Are you interested in Phoenix? Would you like to see your earnings increase exponentially with minimal risk? Let us know in the comments below!
Images and media courtesy of Phoenix