free powtoken over facebook does it have a future?

[eldub]

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.

[khichariya1]

lfree powtoken over facebook does it have a bright  future and it s can have a future because many people use to Facebook !!!!

[nicknaurelia]

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

[POWDensukkeSA]

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:

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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.
 
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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!
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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!

[kerpangan64]

I also got the bitcoin but I do not know how to claim it all! does anyone know about it here?

[dababe]

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...

[Crypto__Men]

they say Facebook generally wants to ban advertising ICO. Then Bautista will be even harder to earn

[dababe]

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?  

[dababe]

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...