FavorCoins (Coins4Favors) is proclaimed DOA by the team due to lack of interest.
FavorCoins (Coins4Favors) DOA [Airdropped]: About the Dead Token
Coins4Favors (C4F) was a marketplace project that aimed to monetize micro-tasks that were too small to be monetized before blockchains with cheap transactions were invented. The payments on the C4F network were meant to be facilitated via the FavorCoins on the ETH blockchain. The base of the project was an app with GPS location matching so that for instance people could hire someone to hold them a parking spot on a certain street. It was meant to be an extension to the gig economy.
FavorCoins (Coins4Favors) DOA [Airdropped] was distributed via sizeable bounty campaign in April 2018.
Token Exit Announcement
Last tweet @Coins4Favors:
🚀🚀 Pre-Sale live now - 10% bonus 🚀🚀— Coins4FavorsICO (@Coins4Favors) May 25, 2018
I believe that every human mind feels pleasure in doing good to another. #ThomasJefferson Use #Coins4Favors to do small favors for others or have them done for you. #sharingeconomy https://t.co/nl7YLI54ZH pic.twitter.com/Cb59eDYuIF
Noticing the official Twitter account did not see a new post in about a month while the ICO is ongoing and set to continue until late July 2018, we reached out to the team through the official Telegram group.
The group admin promptly responded that they have not seen many investors, at the current rate the soft cap will not be met and they will return ETH to their investors.
The Business Behind It - FavorCoins (Coins4Favors) DOA [Airdropped]
FavorCoin token on EtherScan, you see there haven’t been any movements for about a month.
The blockchain business behind Coins4Favors is meant to be a Hong Kong company C4F Ltd., claiming the address where apparently all HK companies reside: 20th floor, Central Tower, 28 Queen’s Road Central, Central Hong Kong.
Coins4Favors only racked up about 2K Twitter followers @Coins4Favors and about 1K followers on other social platforms together.
Members of the C4F team on LinkedIn:
Verdict & Archive
Below a copy of the whitepaper hosted on our server for your future reference. This does not appear to be an exit scam, rather a sound project that relied on a retail support that wasn’t there just yet. We are watching closely whether investments will indeed be returned though.
Documents archived for this token:
#DeadParrot #Crypto - Token Project ExitsKnow It First If You Still Believe Though...
We also publish both dead & live crypto airdrop alerts on medium.com/cryptolounge - follow us!
Data is beautiful
Brand development in forex and crypto: Most expensive domain names [Infographic]
Crypto infographics - Most expensive domain names in forex and crypto. Targeted brand development in forex and crypto with domain names.
East vs. West: Which One Sides More With Blockchain?
Digital cash schemes were the holy grail of the late 90s, but since the bitcoin blockchain was invented, suddenly nobody in the West cares.
New Horizons in Fintech: Payments, Data and Partnerships [Infographic]
The global fintech market saw a period of consolidation in 2018, which is exactly what we saw also in terms of price evaluation of crypto assets. In spite of the “crypto winter”, which is apparently...
Shocking Facts About Cryptocurrency Heists [Infographic]
If there is one question in the history of Bitcoin that cannot be answered with anything more than an estimate, it is the problem of how much of Bitcoin’s supply is actually ever available on...
Esports: Growth by the Numbers [Infographic]
Esports is a rapidly emerging category as a real sport. It’s even beginning to compete with traditional sports.
Top 8 Women in Blockchain Technology [Infographic]
When it comes to women in crypto, the pre-2016 OG heads will probably come up with names like Alena Vranova and Blythe Masters. Alena Vranova is the former CEO of Satoshi Labs, the company that...
Blockchain Consortium in Trade Finance: 6 Notable Networks [Infographic]
The success of trade finance blockchain implementations depends on how widely they are adopted. That's why we have seen businesses form consortia based on similar interests.
Comparing Forex Market with Cryptocurrency Markets [Infographic]
One of the few metrics that cryptocurrency markets have in common with the forex markets in 2018 is the high percentage of total trades being located on few most popular markets.
Blockchain Technology 101: Blockchains, Blocks and the Role of Price [Infographic]
Blockchain technology 101: What is blockchain, what types of blockchains exist and what role does the cryptocurrency price play.
Real-world companies that accept crypto payments [Infographic]
Infographic - Graphic map of businesses that let customers pay in bitcoin.
Infographic: Blockchain Hacks & Crypto Trading Platform heists 2018 vs 2017
Blockchain infographic comparing the biggest crypto heists of 2018 and 2017. In 2017 the focus lied more on ICOs, smart contracts and wallet.
15 crypto kings that are making history with their engagement in the field of cryptocurrencies
Coining The Bucks With Cryptocurrencies Have you ever wondered how much masters of the cryptocurrencies are worth? Like the guy who founded Ethereum, or the one who started Ripple, for example. The answer, in short,...
The Good And The Bad Of ICOs
Infographic: The good and bad of ICOs - Which token sales raised the most money in 2018?
Industry News Releases
Call to blockchain coders in the US: The Global Blockchain Hackathon, an event taking place...Read >>
- Etheremon celebrating #ChineseNewYear2019 with a series of bounties (Ends 8:00 AM UTC on Feb 11th)
- Crypto Marble dApp Game: Monopoly on Blockchain
- The dApp gaming platform VX Network launched the official VX Wallet in Apple App Store and Google Play
- Etheremon's first Chinese New Year Campaign: Chance to recall two rare mons
- Fuel Games and Cryptokitties bring you "The Cat in the Pack" until the end of January 2019
- Action RPG dApp game Hero of Cryptoworld is starting its character presale