Recently got to know about MarineCoin (
https://marineco.in/) where you need to Signup and verify your Account. Thereafter you need to do a promotion of the project (which is like a bounty program) and submit photo and ID proofs along with proof-of-work (promotional efforts to spread the word) and you get 450,000 tokens free.
The project was live in 2013-14 and got stopped for some reason and has now been restarted. The website says that it is a community project with a total token count ~9 billion (pre-mined).
Scope of Project: Payment technology that claims to be ~5 times faster than the Bitcoin blockchain
Risk: Low (no investment; ID proof and proof-of-work to be submitted)
I don't see any downsides in the project yet. But I'm not sold completely. What do you guys think?