The digital world today, is becoming a sure thing in everyone’s life year after year, everyone knows this, big financial institutions are making their way in the crypto space dragging everyone’s attention. There are thousands of choices, but there are only a few winners. You would not want to put all your life savings in a token that has nothing behind it, you would risk waking up next day and realize that all your money were gone.
Bitcoin, Ethereum, Dogecoin all had a quick run up when they were introduced into the market. Many people invested in the initial idea while others didn’t. You know the rest of the story as of today.
You will want to learn more about this EMP Shares for FOMO. So on this article, we will review the token by explaining what the coin is about, listing the pros and cons, the supply and how legit/safe the token is for investors.
Please note; This is not an Affiliate Link related article, neither is it a Promotional Article.
About EMP Shares
What is EMP Shares?
Inspired by tomb.finance, an algorithmic protocol using seignorage that was originally inspired by the idea behind Basis as well as its predecessors (EDollar and Soup).
EMP Money offers the first decentralised algorithmic stable coin on Binance Smartchain, pegged to the price of Ethereum via seigniorage at a rate of 4000 EMP: 1 ETH.
- Ensure a peg of EMP:ETH is achieved
- It is maintained to establish $EMP as a mirrored, liquid asset to $ETH.
EMP Shares Supply
Pros and Cons of EMP Shares
Pros of EMP Shares
- There is a surge in the market price currently
- Project whitepaper available
- Contract on Binance Smart Chain
- They are fully decentralized
- A lot of investors are ‘flocking’ to invest
- It is listed on coinmarketcap
Cons of EMP Shares
- The coin is still under research and development
- Multiple issues with its synchronizations between ledgers
- Not listed on some exchanges
- No Github profile
- They have no reddit acount
- No Bitcointalk thread created
- No traceable features on tradingview
Is EMP Shares Legit or Scam?
A cryptocurrency project requires you to part with your hard earned cash in order for you to become successful. You expect some level of transparency and professionalism from a project or the team that is asking for your money.
According to research and reviews, EMP Shares have developed a problem solver but with a very weak back up for the token they produce.
Is EMP Shares Safe?
Being willing to invest in any token is a question entirely up to you to answer. EMP Shares token has a formidable team and vision to backup their digital assets and project. The project will succeed but depends if the team keeps the vision active and alive.
Make personal research on the coin, visit coin’s official website.
Follow our blog to learn about coin legitimacy. You can share your thoughts and experiences about EMP Shares on the comment section below. Don’t forget to rate and leave a review.