After a sudden 25% dump in price of part, seems like the writing is on the wall for golem.overlord.
After huge hype and huge growth within a short space of time it's decline could be even quicker.
This is however crypto and there could be a few bounces before the life support machine is turned off.
What was golem.overlord?
Following is the definition of a ponzi scheme.
"A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from profit earned by the individual or organization running the operation. The perpetuation of the high returns requires an ever-increasing flow of money from new investors to keep the scheme going. As soon as new investment stops, the scheme collapses"
This was not a scheme so it's a ponzi game.
It did pretty much what is written on the tin.
The number of burnt tokens is half the Minted amount which until now have been fairly close. At this point people will panic and sell as much as they can.
The game attracted 10k users in a small period of time. That has come to a halt with only 12 joining today.
Educated guess would say atleast 50% of players won't recover there money.
If you know what your doing it's pretty easy to make money from ponzi, If you don't it's a hard learning curve.
Will be interesting to see what happens over the next week or so