Review on EverGreenCoin by Paul Maduagwu
$EGC is fighting the good fight with blockchain.
$EGC is based on a hybrid Pow and Pos consensus, hence this project is both mineable and can be staked to generate passive income. Most of the latest transactions on one of this blockchains explorers shows rewards for stakers, which seem to be a major usecase for $EGC.
EverGreenCoin is focused on making the environment better and supporting similar activities. The project has decent social media presence but still very low activity around the coin.
Apart from mining, staking or holding the coin to support their noble cause, $EGC can also be used for making payments. But its good to know the project has a blocktime of about 180 seconds, not too bad but very slow compared to the top crypto projects by marketcap. If you are in a hurry to send funds, you might have to wait a little.
Pros
- Mineable.
- Staking support (7% APR at the time of writing this review).
- Official wallet support for major desktop operating sysytems, and Android.
- Recently updated Github.
- Also have a web wallet.
Cons
- Listed on very few Exchanges.
- Very low trading volume.
- Official wallet is not on mobile IOS.
- Blocktime of 180 seconds.
New products
Comments (2)
September 10, 2020
I may not take your word for it it that it's not mineable. You consciously missed this part "EverGreenCoin is focused on making the environment better and supporting "similar activities"." The fancy name PoE may not be too relevant.
September 09, 2020
EGC is no longer Minable and has not been for many years, the staking is a large part of the coins use case because of the dynamic staking for charity that allows your earned stake to automatically be shared with the charity or community activity of your choice. You also entirely missed the Proof of Environment project paying people for good deeds as a way to earn coin or introduce new people to crypto.
