This coin has been up since yesterday by almost 100%. I visited their site and researched.
Findings-
They have been in this for a long time, almost 15 years and have patents. Their site says so. They want to make everything fast and free.
They are community driven and are trying to do a mix. of things for humankind-features of Facebook, Amazon, Uber, etc. combined in the same platform.
You join their platform, post and share, similar to Facebook. The differences are that you earn each time you do so and there is a limit to the daily post and share. You have daily goals and mission points which when completed earn you coins and pre-coins and also a mission wheel pops out to earn more. You can power up and start earning more by increasing the amount you can post and share.
To prevent the dumping of coins in the exchanges, they have a system of maturation of coins, whereby you can withdraw your coins only after a certain time like 90 days, 60 days or 30 days depending on your mission role, which you can upgrade by buying a new mission role.
You also have a marketplace there, where you can buy or sell things or even act as a transporter. You can mark a price or put it for auction for selling a item. Since, there is a maturation time for coins, people are likely to buy things instead of waiting for their coins to mature. That's what keeps their business model going.
The coin is ERC-20 based on Ethereum network with a total supply of 769,744,880. Currently, they are listed on only one exchange, https://token.store/, which is barely known by anyone and the coin has a daily volume of only 14.74 BTC as on today.
My views-
I am very skeptical about their platform. But then they are listed on https://coinmarketcap.com/currencies/empowr-coin/ and ranked 79 currently . But again, that being said, BitConnect was listed on it and still is. So, try out for yourself and comment below what do you think. Is this a scam or a genuine platform?
Empowr Coin URL: http://www.empowr.com/fastandfree
Coin purchase URL: http://www.empowr.com/coin?v=fastandfree
Regards
JP(@jpsarma)
Disclaimer- Kindly do your own research. You solely are responsible for your investment decisions and in turn of your profits and losses. I am not a financial adviser. I have shared my opinions and thoughts here.
I have read that some people consider this portal a scam. I have registered there to check how it is today. Just after registering I have got more than 50 dolars (10 empowr coins), for me it looks very suspicious. I only did 2 likes as the wizards requested. BUT, these are not coins, it says that are pre-coins.
It seems you can only get coins if you sell products and services, for posting and giving likes you only get pre-coins that are not possible to cash out.
I had the same experience. Thanks for sharing.
Hello, just want to share some info.
Empowr pre coins will be used for powering up your level.
There are many things to do for you to get the coin. You cannot easily cash it out.
There is a maturation process and a mission role to avail if you want to have 30 days of maturation.
In your pre coins, you can turn it into coins by completing some task that will be seen on your daily goals.
When you are doing that, there´s a wheel to appear for you to have a chance to turn the pre coins into coins.
There is much information you have to learn about your coins.
If you want a short to avail coins in trading at once. You can do that too without using the Empowr social media. Have a wonderful day.
I followed and up votes you. please followback @huanmv
I have been a member of Empowr since the year 2010.
Empowr is a special site. It has a way to develop fast because they keep their site in the alpha stage. Empowr was named Fanbox before. If yo have patience and believe in their mission then you have a potential to become successful, but if your mental focus is for your own self or business, then your patience will be too short to achieve your goal. If ever someone will ask if it is legit. Yes, it is but you have to learn the rules and are flexible to the possible changes they make. Thanks for sharing this article.