Author

Topic: free powtoken over facebook does it have a future? (Read 1717 times)

newbie
Activity: 71
Merit: 0
they say Facebook generally wants to ban advertising ICO. Then Bautista will be even harder to earn

What is Bautista?

If FAcebook bans advertising ICO, who cares?  They have yet to do so anyway.

POW is NOT an ICO so Facebook stance on ICOs is irrelevant here. And even if they were an ICO, there are 50million other advertising venues on the planet. Facebook does not corner the market on advertising. YAWWWnnnn...

newbie
Activity: 71
Merit: 0
The distribution model is good as a concept, but I am not sure that it has been executes in the best possible way. Some people got too much in the beginning.

First movers in bitcoin back in 2009 got too much in the beginning too.

First movers in everything ALWAYS get an advantage.

If you are concerned about the coin supply, then say so.  But most people expressing concerned about the coin supply of any coin believe in the myth that coin supply dictates price. No it doesn't. There is a simple mathematical formula for marketcapitalization: MarketCap = PRICE * CIRCULATING COIN SUPPLY  
Thus
PRICE is NOT dependent upon circulating coin supply nor total coin supply

When I buy coins, I don't say "Hmmmm... I wonder what the coin supply is". That is at the bottom of my list of parameters for consideration.

And when it is FREE, I have one parameter. Will they give me a LOT of them?  Cheesy Cheesy
member
Activity: 224
Merit: 10
they say Facebook generally wants to ban advertising ICO. Then Bautista will be even harder to earn
newbie
Activity: 71
Merit: 0
Yesterday i heard about powtoken project started giving free tokens via facebook on a site http://www.powtoken.com
Does it have a future ?

No and be very careful. This is huge collecting of personal data using Facebook login. Later they may try to steal your coins using obtained data as feeder for password cracker.

This is on par with one of the most absolutely silliest uninformed statements I've read today.

"...using obtained data as feeder for password cracker'?

Well if they want to crack the password to my oh so valuable facebook account, then it is okay with me. But how in the world can they steal my cryptocurrencies on the blockchain by using my facebook account? Don't be RI-DONK-UL-LOUS! LOL!

Stay in your technology lane...
newbie
Activity: 100
Merit: 0
I also got the bitcoin but I do not know how to claim it all! does anyone know about it here?
newbie
Activity: 7
Merit: 0
Fellow BTCT followers! Lets start off by introducing myself, I´m Densukke, a Newly added Community Manager for the POWToken team, and will be addressing all of the concerns I´ve seen in this Post, and continue to provide fluent updates and answering queries as my real life allows me to! Don´t believe me? Visit the @POWtoken Twitter handle and validate for yourself, as well for the FB Page, and you´ll see me listed as Authorized Participants to provide real answers, in behalf of the team. As well as my other 2 CM colleagues, @POW_SEAsia (S.E. Asia) and @POW_Europe (Europe) . And Myself for Americas @POWdensukkeSA  (Americas). Enough about the chit-chat, lets get to some of the concerns I´ve gathered in this post:

--

User: kolesozw

"No and be very careful. This is huge collecting of personal data using Facebook login. Later they may try to steal your coins using obtained data as feeder for password cracker."

A: We understand that security is an issue now a days, but we wary that we do NOT collect any personal information, since we only rely on the API side of FB platform, and as a means of getting "real" users claiming our token and not BOTS, and since the Airdrop still is underway, it serves a means of trading and getting referrals without any fees, therefore allowing its Massive reach before getting the ERC20 Bridge live. Once the Bridge goes live, jumping to the ETH network involves, as all Crypto´s are, fees for transferring since the costs of the network need to be paid of for its usage.
 
--
User: anasso

the white paper doesn't explain the use cases of POW lite on facebook or social media!

and the video is just sketshy!

A: The answer is quite simple: the use of Social media its the Airdrop stage of the coin! what better User Base to share and to claim, and to have people referred, than the #1 Social Media platform to share and have the Tokens Claimed! As for the Video... We´ll tell our graphic designer to make the Videos Less Sketchy... hehe but I really liked it!
--

And to end this, do not forgot to visit our Whitepaper on www.POWtoken.com, and the FAQ section on the same page, to clarify any doubts that you may have, or just send me a PM and we can discuss offline!

Hope you guys can share the Love for our Tokens as well as share it around! See you around Crypto Fans!

Cheers!
newbie
Activity: 40
Merit: 0
Do you know of any markets that have been approached to list this coin?

For starters, EtherDelta obviously. IDEX as well just listed POW recently. After the 'bridge' connecting POW and POW Lite claimable from Twitter & Facebook, there should be more to come. But for now, the project is ongoing. We should see POW becoming the biggest token in terms of market capitalization in the near future. I'm confident because of everyone will join the game thanks to free POW giveaway. Eventually POW will becoming big. We shall wait and see
member
Activity: 252
Merit: 10
lfree powtoken over facebook does it have a bright  future and it s can have a future because many people use to Facebook !!!!
full member
Activity: 232
Merit: 103
I was happy to see this new approach to widening the distribution of a token to the masses thru facebook and twitter. I think it is a good start to experiment in gaining a wider distribution outside of the crypto trader bubble and into mainstream society. A small step but important to get the ball rolling on new distribution models and expanding the cryptospace.
member
Activity: 458
Merit: 10
🔥 Ultimate Launchpad on TON 🔥
If it becomes successful will it have an impact on etherium price?
It can not be said whether it will be successful. But if successful, then ethereum does not seem to have any effect on the price. But it will tell that time.
jr. member
Activity: 48
Merit: 10
yeah, I got some powlite. The future will depend on the dev. We do not know exactly what he will do with his project. he has airdrop for many facebook accounts
full member
Activity: 714
Merit: 117
The distribution model is good as a concept, but I am not sure that it has been executes in the best possible way. Some people got too much in the beginning.
member
Activity: 67
Merit: 10
Do you know of any markets that have been approached to list this coin?
full member
Activity: 194
Merit: 103
Go sign up guys you won't lose anything it may have a future, they said withdraw/sell will be on in December hope so!
full member
Activity: 219
Merit: 100
This coin distribution similar with stellar/str now XLM, they airdrop with facebook auth and  stellar exist until now
sr. member
Activity: 774
Merit: 250
the white paper doesn't explain the use cases of POW lite on facebook or social media!

and the video is just sketshy!

The team is solid and serious, and the tokens were free. I expect a lot more from pow token than from all these eBTC eLTC eXRP copy paste clones.
These days there are a lot of free airdrop so Ive also tried to connect my facebook account and there is free powtoken. I dont know yet if this is will become legit and Ill just see if we can withdraw/sell this token.
hero member
Activity: 1036
Merit: 502
Looks like just another token given out for free and the price that they are claiming for their coin can't be real because there is no way to determine the actual price of those free tokens. They have never sold those token so its value is $0 right now, price of each token will only be determined when it will be listed in some exchange platforms.

I will never share my personal details like facebook for airdrops....
for now indeed $0 for the price but i believe will high price when the token can claim in oktober 10
so just waiting to claim and convert to USD or bitcoin
Actually,I have experienced this already and I found out that I wasn't paid so I was disappointed. What I did the next was I reject some offers on facebook because all the details might be shown in their and easily get hacked. So I'm avoiding this kind of threading but maybe there's a significance on this to twitter but I hope not because in twitter you only like and retweet and there's not so many info to be posted. Anytime,you can just click the buttons and less worries.
sr. member
Activity: 714
Merit: 250
Looks like just another token given out for free and the price that they are claiming for their coin can't be real because there is no way to determine the actual price of those free tokens. They have never sold those token so its value is $0 right now, price of each token will only be determined when it will be listed in some exchange platforms.

I will never share my personal details like facebook for airdrops....
for now indeed $0 for the price but i believe will high price when the token can claim in oktober 10
so just waiting to claim and convert to USD or bitcoin
newbie
Activity: 18
Merit: 0
the white paper doesn't explain the use cases of POW lite on facebook or social media!

and the video is just sketshy!

The team is solid and serious, and the tokens were free. I expect a lot more from pow token than from all these eBTC eLTC eXRP copy paste clones.
full member
Activity: 250
Merit: 100
at this time many projects are starting to give free tokens, and more and more participating will certainly have an impact on the future of the coin. Can we look at other projects such as ebtc a few days ago that quite have a good future in my opinion.


You are right. but I am confused by the end of this many airdrop everywhere. is this good ? because almost all of the coins that have been there. just add front letters.
full member
Activity: 224
Merit: 100
the white paper doesn't explain the use cases of POW lite on facebook or social media!

and the video is just sketshy!
full member
Activity: 280
Merit: 100
I love crypto
eBTC didnt even have white paper or anything. It was just another ERC20-clone token with nice name. Powtoken actually has white paper and some good ideas of been social media token. I will hold some atleast. I would not compare this to e-tokens.
Quote
WHY IS THERE ANY VALUE IF YOU ARE GIVING THE POW AWAY FREE?

A nice way to think about this is using early telephone networks as an example. When the first telephone networks were developed, the phone companies used to give new customers phones and connect them to the network for free. When there were no other users on the network, the early adopters didn't get any utility from the phone. It was just a silent object which sat on their hallway table. Distributing the phones was just a cost, with no immediate benefit for the phone company. However, as the network started to grow, and people started to ring each other, the phones' utility started to increase, making ownership of the phone highly attractive and creating a virtuous circle which lead to almost 100% ownership amongst the public.
The above can be applied directly to distribution of an electronic currency. Right at the beginning there is no real benefit in owning it, but as the network of owners grows, the utility grows massively, meaning that almost any transaction you currently do with traditional money could be done with POW 'lite' with zero fees and lightning speed and ease.
Quote
WHAT IS MY POWTOKEN.COM ACCOUNT FOR?

Your POWtoken.com account is for sending and receiving POW 'lite' to and from your friends. Initially we have integrated with Facebook, but will soon roll-out more social media platforms that can be used. All the free allocations of POW 'lite', are simoultaneously represented by a real ERC20 token on the blockchain. These real ERC20 POW tokens are held in a single ETH account on the Ethereum blockchain. Your individual holding of POW 'lite' is kept track of using a centralised database and is 'off-Blockchain'. The POWtoken.com site operates that database and gives you access to your POW 'lite' and the ability to transfer it to friends (currenctly restricted to your Facebook friends, but soon to be including your friends on all the major social media networks).
http://powtoken.com/POW_Whitepaper_19_09_2017.pdf

full member
Activity: 532
Merit: 100
There are millions of facebook user right now and if they keep distributing coins for free like this than when they will list themselves, people will just dump all they have in few minutes.

Coins that are distributed via airdrop can't hold higher price.


Few people got lucky with Ebtc Airdrop and made some money,  Similarly ETHD.
hero member
Activity: 868
Merit: 506
I know a tech savvy person and a whale trader recommending this powtoken so I also tried it. The future will depend on how the devs works out his road map and support of the community.
full member
Activity: 280
Merit: 100
I love crypto
They do have whitepaper and long explanations of everything. Looks more legit than most tokens on this forum. One of the features is that you can easili send your facebook friends the coin through that website. In future maybe some facebook-app so you can send them through the facebook itself.

They will expand this to twitter in future.
member
Activity: 61
Merit: 10
Well, let's see. It depends on what will be next, in case of good facebook campaign it can have future, because many people love to use facebook and love simple usable things that can be the powtoken itself. But at this point nothing to prove that way.
legendary
Activity: 1316
Merit: 1004
FRX: Ferocious Alpha
Yesterday i heard about powtoken project started giving free tokens via facebook on a site http://www.powtoken.com
Does it have a future ?

No and be very careful. This is huge collecting of personal data using Facebook login. Later they may try to steal your coins using obtained data as feeder for password cracker.
full member
Activity: 518
Merit: 100
How does given erc 20 token to average Facebook user who know next to nothing about blockchain constitute future for powtoken. If you have any blockchain project, you can not afford not to be on bct!
full member
Activity: 267
Merit: 100
It better have a future, I claimed it really early and got a huge amount of it  Grin

The price won't be the same when they move all the lite tokens to the ERC20 blockchain but it doesn't need to be that high, right now if you claim your tokens you'll get about 484,473 POW which at the current price is 196$

Even if the final price is 1/10th of that it's already worth it for the one minute it takes to sign up. You only need to log with facebook.
full member
Activity: 224
Merit: 100
Just tried my luck and applied... It better be successful :-)
full member
Activity: 385
Merit: 101
doubtful but it was free anyways.
full member
Activity: 308
Merit: 106
i've missed too much, i'll bounty hunt form now on
full member
Activity: 210
Merit: 100
KickCity a reward-based blockchain
Perhaps this might have high value in the long run.
full member
Activity: 210
Merit: 112
no chance at all, but since i missed eTBC airdrop now i'm joining everything Smiley
member
Activity: 94
Merit: 10
Honestly, the future of this token is uncertain. But the concept is nice.
newbie
Activity: 38
Merit: 0
Facebook is popular and may be due to this reason this whole thing about powtoken is going to work in future.
full member
Activity: 210
Merit: 100
I was one of those who were able to participate in it.
I even told my officemates about and told them to join too.  But honestly as of now i dont know what will be its usage.  Just hopeful that the people behind ot will prove that it is truly a worthy coin.
hero member
Activity: 854
Merit: 500
There are millions of facebook user right now and if they keep distributing coins for free like this than when they will list themselves, people will just dump all they have in few minutes.

Coins that are distributed via airdrop can't hold higher price.
newbie
Activity: 8
Merit: 0
I guess it has a chance to catch a high demand ratios due to facebook. Otherwise no chance at all
legendary
Activity: 994
Merit: 1000
Looks like just another token given out for free and the price that they are claiming for their coin can't be real because there is no way to determine the actual price of those free tokens. They have never sold those token so its value is $0 right now, price of each token will only be determined when it will be listed in some exchange platforms.

I will never share my personal details like facebook for airdrops....
full member
Activity: 308
Merit: 100
We can not tell for sure now. I was part some tokens in the airdrop too. We can get a sense of its future after December when we are allowed to sell the POW "lite" tokens given away. Till then as they say, STAY CALM AND HOLD IT.
full member
Activity: 189
Merit: 100
I participated it too. Fingers cross I hope it would have a good future. there re lots of airdrop nowadays.  I hope not everyone can make this airdrop thing then would be useless in the end since most of our time are consumed on these airdrops.
full member
Activity: 1204
Merit: 100
I have heard about the powtoken, and I have participate in, but I don't know about his future and I don't understand how it works, I hope that will succeed in the future
newbie
Activity: 54
Merit: 0
Having looked through the website above, I would say there is no indication of the development team; it's just a nice project with a whitepaper construed mostly from the information on the website.
Maybe it will have the potential in future, but how to decide whether it is reliable and safe?
hero member
Activity: 1442
Merit: 629
Vires in Numeris
Yesterday i heard about powtoken project started giving free tokens via facebook on a site http://www.powtoken.com
Does it have a future ?
You can't be sure if it will have future or not... If you can check the team behind and you trust that they will do what they say, than maybe it worths you time to think about it. There are so many ICOs nowdays that you will hardly have enough time to read them and most of them is waste of time and ETH, if you need to buy them.
jr. member
Activity: 56
Merit: 10
would be cool but I kinda doubt it,at least sone usecases would be nice.  registration was kinda messy yesterday as well
full member
Activity: 414
Merit: 100
at this time many projects are starting to give free tokens, and more and more participating will certainly have an impact on the future of the coin. Can we look at other projects such as ebtc a few days ago that quite have a good future in my opinion.
newbie
Activity: 8
Merit: 0
If it becomes successful will it have an impact on etherium price?
newbie
Activity: 8
Merit: 0
Yesterday i heard about powtoken project started giving free tokens via facebook on a site http://www.powtoken.com
Does it have a future ?
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