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Hello empowr citizens,

As most of you are aware, the new empowr orange coin was launched earlier this week.

 

The good news?

The trading volume of the new coin reached record peaks within just 48 hours after launching – a great step forward in ensuring marketplace sellers can easily exchange the coins they earn to local currency and replenish their inventories quickly.

 

The bad news?

The empowr orange coin price has dropped significantly over that same period time.

 

Why has the price of the coin dropped so much?

After a comprehensive investigation, it’s clear that a handful of empowr citizens have violated empowr’s terms by trading to themselves and/or trading to specific groups of people on the exchange in order to earn larger trading bonuses.

As a result of the high volume trading that these cheaters took part in, the price of the coin dropped significantly as those citizens bought and sold the coin at any price available just so that they could obtain more coins from the trading bonus.

 

What is being done about this?

Over the past 24 hours, the ability for coins to be transferred in and out has been disabled to block any further damage to the coin price while the trading investigation could be completed.

All citizens that were detected as trading to themselves and/or to a specific group of accounts have now had all the EMPRO coins earned since the launch deducted from their Coin Savings Vault.

For those few citizens that were able to transfer out coins earned from trading to themselves, those coins have also been deducted from their Coin Savings Vault – which means they now have a negative balance that they must pay back before having the opportunity to transfer out again.

The biggest offenders have had their empowr accounts deleted.

 

How will empowr stop this from happening again?

We’ve now put in place additional tracking algorithms to detect whether an empowr citizen is trading to themselves or to a specific set of accounts on the exchange.

When the algorithms detect this activity, they will block those accounts from receiving a trading bonus on the coins they would have normally earned from the trade.

As stated several times, there is a zero tolerance for cheating on empowr. Regardless of the intention (good or bad), those that are caught cheating will face severe consequences as described above.

 

Moving forward

We understand that this is an unfortunate outcome to an otherwise successful launch of the new empowr coin but feel confident that these new measures will do a better job at stopping future potential fraud before it can have any long-lasting effect.

As a reminder, together we are pioneers – ahead of everyone else in doing things that no one else has been able to accomplish yet with cryptocurrency, an economy and community.

With the new algorithms put in place today, this form of cheating is now being automatically caught, and the community and platform have now successfully advanced forward another step; a step that competitors will also need to learn the hard way.  

The ability to transfer in and out coins has now been turned on again, and we encourage everyone that is looking to trade on the exchange to do so.

There is no need to fear of being caught for illegal trading if you are not doing anything wrong as it is very clear when people are intentionally trading to themselves and/or to a specific group of people.

As always, if you are aware of any kind of fraud and/or suspicious activity, please write to us at TheCoin@empowr.com so that we can investigate further.

 

Any questions? I’m here to help.

Brian

150 Comments
:

Elena Ivantsova

Thanks Brian and to the whole team for the update and added improvements, towards success!

10 months ago
Adegbola Tanimose

Thanks for the update Brian

10 months ago
Uyo-obong Okon

Thanks Brian for the Announcement and i also want to say thank you to the whole team for the wonderful work you all have do to fight spammers and cheaters.

10 months ago
Srinivas Rao

My previous comment has been deleted, why

10 months ago
Srinivas Rao

I sold 2 items long back. I have't receive any cash advances for that please do the needful. Here are the reference images.
https://ibb.co/v357F43
https://ibb.co/sWqsfMX
Also I have delivered some more products 5 days back, those cash advance need to credited in next 2 days.
If it won't happen. I'm going to stop all my selling and deliveries.

10 months ago
Katherine Nlcitizen

Thanks, Brian, I´m happy to have you back and to your strick 0 tolerance and for saving the coin value not to get ruined by the cheaters.

10 months ago
Nadezda Jevstafjeva

Thanks to Brian and Team for the update.
I wish you all inspiration and patience.
We are all pioneers!

10 months ago
Goodnews

Thank you Brian and Team, the new update is a remarkable development for the community. This will go a long way to ensuring our success.

10 months ago
Ola Olawumi

Thank for the great update.

10 months ago
Bobbyr19 / Ruth Malanowski

Brian, Why is the value of our coins in our ETH wallets, as shown on Etherscan, at 0.00 No value at all. Please explain. Token Balance:

ERC-20 Tokens (1)

205,000,000 EMPR
SubTotal: $0.00

10 months ago
Rajesh Kumar

Thank Brian for the update. Must keep eye on all cheaters to protect the interest of honest citizen.

10 months ago
Eva Kiss

Thanks Brian and to the whole team for the update and added improvements, towards success!

10 months ago
Valerie Le Bihan

Hi Brian,

First I Want To Thank You For Your Great Explanations, Yesteday At The Life Stream... And Of Course, Severe Measures..."0" Tolerance For Cheaters, In Any Form Here On Empowr!!

Like Ken Said Above, It Would Be Fantastic If You Also Could Vind A Way "To Punish" Citizens Who (How I Call It) >>Break The Sales<<... Because This Can T Go On Like This...

I Pretty Much Join Ken, About His Idea To Stop This Market Place Fiasco.

And I Also Like The Idea From Daniel&And This Other Citizen, To Breng Back The Range Trading.

Now , My Ideas, Empowr Gives Trading Bonus...What About Selling Bonus, For Great Sellers... And Even Great Buyers?... Because, The Number One, From The 13-... Is Still The Hart Of Empowr=Market Place.

Did You Surch Out (I Saw You Write It Down Yesteday), About Those MP, Who Aren't Added To 30 Days MP, But To All Time MP, When Seller Start A Dispute?... Because I M Waiting To Start Those Disputes, When I Will Get A Clear Answer .

Thank You So Much, For Your Great Hard Work!!... You&The Whole Team.
Sincerely
Val.

10 months ago
Brian C Woosley

Hi Val,
I do have the investigation of disputes and 30 day mission points on my list, but have not been able to get to it yet unfortunately. Will do my best to make that happen in the next few days and report back.

10 months ago
Valerie Le Bihan

Thank You So Much Brian!!.. I Will Be Waiting.
Sincerely.
Val.

10 months ago
Anna Sveshnikova

Thanks for update.
I hope this punishment will show that we must work honest and respect each other.

10 months ago
Crispina Palopalo

great measure to stop cheaters to protect our ORANGE EMPRO COIN. Thank you Pres. Brian for the update. Really glad to have an amazing system to protect our new coin. It's clear thst no one can ever put our coin down sgain. Thank you empowr for having great minds who created this technology.

10 months ago
Berthollet Cachon

Thank you for the update. Great news.

10 months ago
Dr Petra Neisz

Thannks for this update. I am happy especially that there is now this new algorythem to protect empowr to be cheated. This is a real big step foreward. You are really doing a great job empowr team.

10 months ago
Ferenc Balog

Great update Brian! I am very glad that Empowr try to do everything to stop cheaters who steel the money of the honest citizens!

10 months ago
Animesh Garai

Thank you Brian for this step. It was required highly. Cheaters should be punished to protect empowr mission. I am happy that, this will regain the confident of empowr citizens and investors. One more thing I was thinking that how about stop trading bonus totally and put all concentration on market place sales only. Stopping trading bonus can help to stop increasing number of coins, what I have observed is for trading most are selling low then again buying. It is clear that very low fund is coming to market for trading which is also a cause of falling price and the scammer able to make profit out of it and normal people losing in panic. If trading bonus closed or make it occasionally for now or only for buying coins then there are so many people will not even sell single coins and gradually the price will move up or become stable.

10 months ago
Brian C Woosley

Hi Animesh,
Until we have enough trading volume happening organically, we need to keep the trading bonus to ensure sellers have the ability to easily sell the coins they earn on empowr in exchange for their local currency so that they can quickly replenish their inventory and help the marketplace grow.

10 months ago
Wilhelm Rothmann

Hi all
There is a problem with listings, when you try to save it it tells you Failed to upload photo(s). Please try again.
But there is a photo, we can't list items.

Thanks in advance

10 months ago
Ken Spence

I have the same problem, going to miss my targets for the first time since July

10 months ago
Juergen Klein

Here the same problem, have send it with this issue report form to empowr. With this error you have 3 problems now, no daily goal, no wheel, and probably no new listings, where you can bid.

10 months ago
Владимир Давыдович

И у меня такая проблема с загрузкой фото и не выставляю товары!

10 months ago
Lourens Geldenhuys

Hi Brian.
Not fair! I would have made my dayly target on the 27th January, if it was not for the image upload problem.
I feel I deserve credit for that day.
Many thanks,
Lourens Geldenhuys

10 months ago
Valentina Troitskaya

Thank you for your action.

10 months ago
Sohan

Thanks Brian . I think this is a good step.

10 months ago
Juergen Klein

Thanks Brian for the superb update, and thanks that I cannot list, because of a new issue with uploading photos inside of listing. Thanks for 2 days no goal and 2 days no wheel, you are the best !!!!!!!

10 months ago
Sunil Kumar

good decision & i believe we will build more trust & satisfaction with our citizens..

10 months ago
zvia ben ami

Thanks Brian for update. i Have sold 36 items from beginning of Januar, non of them were paid, some are being sponsered. I feel as if i step on the gaz in nutral. the market will start to be dormat and this is not good.

10 months ago
Aliaksandra Laurenka

Thanks for the update.

10 months ago
Susan O.

Thanks for the update and the strategies to help our Coin, may God help you all our leaders.

10 months ago
Ken Spence

Still unable to access the transfer in feature. Has it been activated yet? If so, is the value the same i.e. 1 trillion empr for 1 empro or has this been reassessed given the very low empro value at the moment

10 months ago
Brian C Woosley

Hi Ken,

To transfer in, select “Ether wallet” in step 1 of the transfer out page. Then, you can choose your Ether, EMPR or EMPRO balance from your Ether wallet and transfer to your Coin Savings Vault.

The conversion of EMPR to EMPRO is still the same.

10 months ago
Ken Spence

Awesome - good catch.

Now to stop the people listing with no intention of selling and those bidding with no intention of paying.

I have noticed several of my sold listings still waiting for the buyer decision to pay. Unfortunately I cannot stop the ones that do this over and over by changing the bidding requirements as they are not marking them unpaid, they are just ignoring the fact that they have won the bid

Is it possible to make the system mark these unpaid automatically as it used to and to hit the buyer with unpaid fees?

I suggest 30% unpaid fees split 50/50 between the seller and Empowr. Also, anyone who marks more than 5 unpaid in 30 days should not be allowed to bid for 7 days. Maybe stopping people from hitting targets will make them treat the marketplace more seriously

For sellers who do not send their products, I would suggest 7 days being barred from listing

10 months ago
Daniel Amechi

Take it easy on us Ken

10 months ago
Ken Spence

Daniel you are one of the few genuine buyers that is trying to make this work - you should see my sales page - only 3 of the last 20 buyers have paid for their items

10 months ago
Valerie Le Bihan

Hi Ken&Daniel... I Totally Agreed With Ken Dear Daniel... My List Is So Big, I Stop Counting... Brian Answerd My Questions Very Wel Yesteday!!.. But Indeed, It Goes Only For Unpaid Items!!... Not For The Pending Items... They Stay For Ever""(... Very Good Point For Me!!... Like Empowr Take Severe Measures For The Cheaters On DDEX.. I Think Its Time, They Do The Same At The Market Place!!.. Because If You Take A Good Look, Its Also A Group Of Citizens, Who Does That!!... Always The Same, And They Don't Care...

10 months ago
David Bruyland

Thanks, Brian. Great news.

10 months ago
Ludmila Alexandrova

Thanks, Brian! This is a great solution!

10 months ago
Dinesh Yadav

Thank you

10 months ago
Kelly Baker

Brian, This is awesome to hear. With all that has been going on, I am still very excited about the changes and all the new features of protection that have been made. Thank you very much and God Bless.

10 months ago
Daniel Amechi

Hello Brian,
Someone in the last post suggested that we go back to trading range, were only those that purchase / sale coins within the trading range will get bonuses. Am here supporting that option if we don't want what happened to EMPR to happen to EMPRO.
Let's go back to trading range. When you purchase or sale within the trading range, you get bonus and you receive nothing when you purchase or sale below the trading range. This measure needs fast implementation.

10 months ago
Valerie Le Bihan

Great Idea As Wel, Dear Daniel!!

10 months ago
James Byrd

Looks like you have a lot of stuff going on there. My expectations, zero, that is what I will receive. No matter what, thanks for reading my books folks. I think the past is gone, right now, it's like a football game, pick it up and run towards your goal, that would be a valid and sincere commitment, ask me. "New England," Ha Ha, read my book. I can say for now it would be safe to say, we are all on the same school bus.

10 months ago
Lyudmila Treschalova

Thanks to Brian for the update and added improvements to the success!

10 months ago
Mona Tanneryd

thank you for the update...we really need to stop all fraudsters to protect our coin.

10 months ago
Alex Aurora

Great news, thank you Brian and empowr team!

10 months ago
Sonia Madubuko

Thanks a lot Brian and Team, as we look forward to the success of the coin after cheaters are removed

10 months ago
Lana Ferra

Good to know accounts of cheaters were deleted! Thank you, Brian!

10 months ago
Pete Moss

thanks very much for this Brian and empowr team, awesome work, I look forward to transferrng empowr coins in to be converted to empro, great work in fraud detection, forward together positively

10 months ago
Radhika Purohit

Thanks for taking immediate action on cheaters and helping the coin value.

10 months ago
Giuseppe Beati

Thanks Brian for the "0" tolerance for cheaters

10 months ago
Hiral Verma

Thanks for the update Brian

10 months ago
Arjit

Thanks Brian. Cheaters should be handled strictly. That's the way our coin price will be astabilized

10 months ago
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