The other day a friend sent me a referral link to receive some new Ethereum ERC-20 tokens. Not something I usually do, but he said he had received over 90,000 coins for taking part in this promotion for an up and coming ERC-20 Token called POW.
I figured what the hell, I’ll give it a try, The Dood loves free coins. I signed up using my twitter and sure enough, I received a little over 87,000 tokens. That’s pretty cool.
There’s not a lot of information on the site about the token offering. It is free, they haven’t asked ,me for any BTC or money and I get the impression they want the token to be used as a social networking token for sites like Facebook and Twitter.
According to the website, you receive POW ‘lite’ tokens for your referral, then in December the ‘lite’ tokens will be converted to ERC-20 and available for transfer sometime in December. Below info taken from faq :
Can I sell POW ‘lite’ for cash?