POWToken (POW)

Information about the token POWToken (Ticker Code: POW)

Asset Information

Asset Name: POWToken
Trade Ticker: POW
Logo Icon:
Asset Type: Token
Subtype: ERC20
Circulation: 231,802,823,220 POW
Market Cap: $6,021,171 USD
Social Contacts: Twitter   Telegram   Reddit   Facebook  
Website: https://powtoken.com/
Explorer: https://etherscan.io/token/0xEb2dA9FAC54284cEA731D1F10bb34EEcB3c00c14
Announcement: https://bitcointalk.org/index.php?topic=2193040.0;all
Average Prices:

altilly POW (POWToken) Balance SheetWhat is this?  

Last Updated: 2019-01-19 00:17:15 UTC
Liabilities
Customer Funds on Deposit 149780280.36804536 POW
Customer Funds Pending Deposit 0.00000000 POW
Customer Funds Pending Withdrawals 0.00000000 POW
Total Liabilities 149780280.36804536 POW
Assets
In Deposit Wallet 442089.00000000 POW
In Transit Dep-->WD Wallet 0.00000000 POW
In Withdrawal Wallet 149694221.36804536 POW
In Safe Storage (0.00%) 0.00000000 POW
Total Assets 150136310.36804536 POW
Balance 356030.00000000 POW (100.238%)

Liabilities Est. USD Value $3,890.60
Assets Est. USD Value $3,899.85
Balance Est. USD Value $9.25 (100.238%)



POWToken (POW) is trading in 4 markets at altilly.

POW is a crypto-currency that is being issued free to every Internet user on the planet. It's simple to claim your allocation by using a social media account that was created prior to September 15th 2017, or with a verified Coinbase.com account. The earlier you claim the bigger your allocation will be.

So far 339,472 users have claimed POW since we launched on October 2017. When we first launched, the first claimant received 10bn POW. Since then the amount allocated to each new claimant has fallen according to our published algorithm. A new user currently receives 10,369 POW. By the time we reach 50 million users that amount will have fallen to 100 POW. When we eventually reach 2 billion users, each new user will receive just 1 POW.

Although POW is being freely distributed, doing so is creating a valuable network as described by Metcalfe's law.

Consider the utility of with just a few key strokes being able to pay anyone on the planet, speedily, with privacy, security and zero transaction fees. At time of writing Bitcoin has approximately 30 million users, and a market capitalisation of $150 billion.