Proof of No Work

Most cryptos rely on inflation of the native token to distribute rewards to users, which dilutes & ultimately harms savers. Many also have taxes or other negative externalities (such as miners of the Bitcoin blockchain or SafeMoons destructive swapandliquify function) that harm the users. But in $PoNW, users are protected & incentivized to save, as the 3% tax goes only to existing token holders & the burn wallet (a dead address no one has access to), offering passive yield to holders.

For a variety of reasons, but most notably, because their communities are small & often lose interest in a project quickly. Project founders often don't provide unique value of any kind, which causes users to venture elsewhere. Also, the above-mentioned swapandliquify function, which is present in the majority of reflection tokens, causes unintended inherent sell pressure that is not adequately offset by reflections. So when your chart is built to go down and to the right, its hard to onboard new users, let alone maintain your existing ones. $PoNW removed this function from its contract entirely.

PoNWDev, a pseudo-anonymous solo developer with a background in economics, finance & cryptocurrency speculation.

Nothing about these projects are in any way intended to scam anyone. I was inspired to create everything after witnessing many flaws in the current economic system, both in the physical world & the crypto world. I believe I have solved the glaring economic flaw in most reflection tokens, & I want to share these ideas with the world, in an effort to help people stop getting scammed in the reflection token space. I am under the opinion that if you were to take $PoNW's economic model & compare it to any of the most popular reflection tokens ever, $PoNW would outperform every one of them if everything were equal (average volume, transaction size, holders, etc.). It would be a scam if I were to promise you price appreciation of your tokens, I'm not doing that. The only thing that is promised to appreciate in the $PoNW ecosystem is your account balance (and even that comes with the caveat that there must be volume to receive reflections).

To harness the power of hyper-deflation, as well as compound interest & to earn free tokens passively by simply practicing proper self-custody of your crypto assets. All crypto assets can go up & down in price at any time, but whether $PoNW goes up or down, you will still earn free tokens via the automatic reflection model. Plus with each transaction, you earn both a larger percentage holding of the circulating supply, & a larger percentage of each reflection, as the circulating supply is constantly being decreased. Meanwhile your account balance is constantly being increased. The best of both worlds.

Reach out to the Dev or the Proof of No Work community on Twitter or Telegram (links in navbar & footer).