Welcome to empowr,
where you earn by simply posting:
 
photos,
updates,
videos,
blogs
Good news! You got 1 free crypto coin thanks to your inviter. Send them a quick thanks after you sign up!

New to empowr?

The definitive guide to winning & losing in empowr

Visit the guide's table of contents here

 

Part 1: Exactly how we win

C.  The empowr coin winning

In the last sections we concluded that the more empowr citizens win...

... by earning, hitting goals, providing value to others and building great reputations...

... the selection, quality, quantity and sales of products and services in the empowr economy will grow.


Therefore, empowr citizens winning leads directly to the empowr economy winning:

                                            Guide: Part 1C: The empowr coin winning

 

                    

We also concluded that the more our economy wins (grows)...

... the more people will value the empowr marketplace for what it can provide to them.

 

Therefore, the more our economy grows...

... the more people will hear about and join empowr...

... generating more demand for its currency (the empowr coin) that's powering and enabling the economy, marketplace and earnings.

 

Also, of course, the more valuable products and services there are to purchase...

... the happier everyone is to shop (with their coins) in the empowr economy...

... which means less supply of coins are getting transferred out to the blockchain.

 

More coin demand + less coin supply = the price of the empowr coin moves higher

 

Therefore, the more the empowr economy wins, the more the empowr coin wins:

                                                 Guide: Part 1C: The empowr coin winning

 

Now, keep this in mind:

As the coin’s price moves up, our citizens are winning even more...

... specifically because they are holding coins (either matured, still maturing or both) that are growing in value.

 

Realizing that their coins are growing in value, citizens become even more motivated to provide more value to other citizens...

... meaning list, sell and provide more quality products, services, coaching, etc.

 

In addition, a higher coin price also attracts more citizens to empowr...

... because as the coin price rises, everyone is earning even more from their posting, sharing and all other roles.

 

As more citizens come into empowr, they’ll be looking to fill underserved categories of products and services in their area...

... helping the empowr economy to grow even further....

... which, as discussed, further pushes up the price of the empowr coin.

 

Wait a minute.

This feels like we're repeating ourselves.

It's like we're going round and round.


Yes, and that's exactly the point I am trying to make:

 

 

As the coin’s price moves higher...

... our citizens are winning more...

... leading to the empowr economy winning more...

... which leads to the coin winning EVEN MORE...

... which loops right back to citizens winning even more...

... and (round and round and round)...

... and so on, and so forth.

 

As you can see, what we have achieved is called a ‘feedback loop’:

                                  Guide: Part 1C: The empowr coin winning

C1.  The virtuous cycle

Economists have a name for this incredible "looping" business model.

It's a model that every company hopes to one day establish.

It's called a virtuous circle because each of the three (3) elements boosts...

... meaning it strengthens and increases...

... the element that follows it...                    

... with that next element, as the above image shows, boosting the element that follows it...

     ... which, in turn, also boosts the element that follows it...

          ... with that third element looping back to boost the initial element...

               ... which now even further boosts the second element...

                    ... and so on and so forth.

 

Economists call this loop a virtuous circle ...

.... because with each cycle of the loop...

... each individual element is getting larger and gaining strength.


With each passing day and cycle...

... the momentum keeps building...

... with each element growing and feeding the one that follows it...

... until the whole thing has progressed beyond the 'point of no return'.

 

This is like a train that reaches 100 miles (or kilometers) per hour...

            ... and becomes incredibly difficult to stop.

 

Perhaps a more useful analogy is that of a forest fire that reaches a very specific stage....

... the point where it becomes 100% evident, mathematically, that the fire cannot be stopped and will, for sure, engulf the entire forest.

 

Congratulations, by the way. 

Together we just absorbed a couple semesters of microeconomics. :)

Understanding the mechanics of how empowr's virtuous cycle works is an important step to the remainder of this guide, so thank you for paying such close attention.

 

Next, we'll stay on the subject of the empowr coin...

... as we'll want to quantify some of the targets (goals) we have for the coin...

... as that information will also prove very useful in our upcoming conversation.

 

Next: C2: Quantifying the empowr coin winning

 

You can visit the table of contents here.

440 Comments
:

Ayeni Femi

Awesome, thank you JC for the update

16 months ago
Alex Aurora

Thanks JC, a very valuable lesson on understanding the mechanics of how empowr's virtuous cycle works :)

16 months ago
Patric De Nooijer

Great job and Very well explained JC and great lesson about the virtuous cycle and moving towards the right path.

16 months ago
Umair Siddique

Thanks JC! "A couple semesters of microeconomics" will surely make it easy for everyone to follow the bigger picture. 🤩Looking forward to reading the next parts!

16 months ago
Regina Talamor

Thank you JC. Very well explained, teach and learn about the "Virtuous Circle" a great lesson for us this Business model. Thanks all!

16 months ago
Sonia Madubuko

Thanks JC...another incredible part ..The virtuous cycle...Understanding the mechanics of how empowr's virtuous cycle works this is amazing ,clear and well explained😍😍😍😍😍😍

16 months ago
Carlos Andrade

The virtuous cycle.... Citizens community... Marketplace economy.... Demand for our coin... Keep turning the wheel... completing the cycle and it will grow.

16 months ago
Prabhu Eswaran

Thanks JC for the update on how our empowr coin wins.

16 months ago
Ola Yinka

Thank you Jc, this is an educative explanation on how empowr will win. Expecting more from you

16 months ago
Lana Ferra

JC, I completely agree with you! The chosen business model is perfect, there is no limits for the empowr coin! Win-win! :-))

16 months ago
Mohammad Imran

Thank you JC for explaining virtuous circle, i am excited to read the other parts of this blog

16 months ago
Orlya  C

Thanks, JC and the empowr team! Excellent explanation, very helpful! I am very excited for the future of the coins!

16 months ago
Kelly Baker

Thank you for the valuable lesson. I am so excited for the future of the coins! Thank you again JC!

16 months ago
Edwin Edwards

Thanks JC for this great post. The idea on virtuous cycle reminds me of I unit I did on economics unit called Economic Development in my Second year in campus which makes me get interested on the next post. The good thing about empowr is that it is an Economy as well. Long live empowr!

16 months ago
Khaleeq Ahmed

Hello, JC Thank you for a detailed post about the virtuous circle excited for the next part C2

16 months ago
Ernest Pratt

Thank you, JC
I've got to learn a lot just by being on empowr and following the updates.
Starting with little knowledge about cryptocurrency, now I can explain more to people about the cryptocurrency market plus I'm getting some free lectures on microeconomics. Thank you for this brief and clear explanation of the virtuous circle
Long live empowr!

16 months ago
Peter Friesen

Thanks J C for explaining how the virtuous cycle works and how it affects us as citizens and how it affects the economy and the coins.

15 months ago
C J Jacob

It is very important that each one of us puts our hands together in making the “Virtuous Circle” a “Winning Circle” for all empowr citizens. Thanks, JC, for this great guidance on the business model.

16 months ago
Shreyashi Chaudhuri

Thanks for Great update J C about virtuous cycle that how we win

16 months ago
Rajesh Gupta

Thank you JC, It is a clear picture for everyone who wants to move forward with a great value of our coins

16 months ago
Debi Jones

The power of the Virtuous Cycle is amazing and powerful!! Thanks for another informative post!

16 months ago
Anum Mehreen

Thanks for try angle concept of winning .

16 months ago
Annet Hoogenboom

Thank you for this lesson, JC. This is valuable information. I can imagine many businesses would love to have a virtuous circle strategy. And empowr has made it possible for all of us to be part of it. Respect! 👏

16 months ago
R Sita Rama Chandra Maruthi

Very good explanation on empowr virtuous cycle and economy build up by the coin winning , thanks.

16 months ago
Omar Faruque Siddiki

Thank you for this educational post. And ofcourse we will work together and our coin, which is our dream, will win. Thanks JC and the team

16 months ago
M.Kathiravan

Good Information you are telling correct way. demand more automatically our coin value increase one by one Thank you

16 months ago
Sharlene Kaye

Excellent explanation! It is very helpful. Thank you, JC.

16 months ago
Muhammad N Rasikh

Fantastic explanation on the mechanics how empowr virtuous cycle works. Excited!!!

16 months ago
Aakash Goswami

Thank you JC for update excellent and simple explanation

16 months ago
LiLian

Thank you for the update

15 months ago
Marijke Van Giffen

I am amazed about myself. Only a few months ago I didn't know a thing about economics and cryptocurrencies, but that is changing rapidly and what's even better, I enjoy it. Thanks JC and empowr to open up this avenue for me.

16 months ago
Radhika Purohit

I agree for this More coin demand + less coin supply = the price of the empowr coin moves higher. Thanks again for explaining us in detail how citizens, economy and coin will grow.

16 months ago
Erika Miskolczi

Thank you for all JC and empowr this is a great post! Together we learn, we develop, we build up and give value to our coin!
Understanding the mechanics of how empowr's virtuous cycle works is an important step to the remainder of this guide, so thank you for paying such close attention. Good luck empowr, grow up EMPR :)

16 months ago
Aliya Arooj

Thank you, JC for the awesome explanation to understand the economic system.

16 months ago
Yulia Baikov

Thank you very much for very useful and motivating information!

16 months ago
Animesh Garai

Thanks, Jc for this microeconomy concept. It is always great to read your concept, happy to be a part of this platform.

16 months ago
Tam Dieu

Very clear updates for all! We are waiting and looking forward for the next information. Thanks a lot JC.

16 months ago
Patrick Ogbogbo

Thanks for the update JC. Can't wait to see the next post coming up.

16 months ago
Anthony Onyia

Good information, well understood, thanks for the good work.

16 months ago
Crispina Palopalo

Our success depends on how we build our economy making it more stronger and stronger which will possibly rise empowr coin faster. Participating in a marketplace is a great opportunity to be a part in making this place with quality and reasonable priced products. Big salute to our amazing Success Coaches who are effortlessly helping most of the citizens understand the platform who can in turn help our marketplace boom. Citizens are lucky enough to have the online chat with Success Coaches feature and should be taken advantage. With all these efforts it will be WIN WIN result for all. Our community is awesome. Thank you JC and to all behind the scene.

16 months ago
Sudeshna Dasgupta

Thanks JC and empowr team for making it such a successful platform.

16 months ago
Nadezhda Vorobyeva

Thank you JC, very educational! A great lesson, can't wait for the next post!

16 months ago
Budhi Rahmad Suparno

TQVM. Motivating information. We all win if we work together.

16 months ago
Maria Dolores Rara

Thank you JC, this is a good update about the virtuous cycle, so educational and helpful.

16 months ago
Marilyn Trabaccone

Well said JC! I love the concept of the virtuous circle!

15 months ago
: