MSCHF Turns Taboo Investment Scheme Into a Chance to Win Cash With Online Game Tontine

The latest drop continues the creative collective's penchant for controversy

Back in the 17th century, a Neapolitan banker named Lorenzo de Tonti created a living investment system aptly named a tontine. For each tontine, a group of premium-paying subscribers would receive an occasional payout from the aggregated pool of money throughout their life—the only requirement was that they had remain alive to receive it. When a participant died, the rest of the investors would absorb the deceased’s entitlement, which would naturally increase their own payout. This would continue until the final investor’s death, upon which the trust would essentially dissolve.