This is more of the same PulseChain nonsense. You can see this by reading the whitepaper. I couldn't make this up if I tried.

https://proofofnowork.gitbook.io/proof-of-no-work-whitepaper/ponw-token/ponw-token-explained

The primary draw to this project is the idea of getting yield by doing no work. According to the whitepaper, there is a 3% tax on all transactions. That's lame, but whatever...it is what it is.

However, this is the part that really matters...

Of that 3% tax, 2% goes to the holders of PoNW, distributed according to the percent of the total that each wallet owns. The other 1% goes to the "burn wallet." Again, there's that ever-present burn wallet in PulseChain projects.

Here's the kicker...

The burn wallet was funded with 33% of the total supply from day one. Now why in the world would a project do that?

BECAUSE THE BURN WALLET GETS A PERCENTAGE OF THE 2% PORTION OF THE TAX TOO.

Since the burn wallet is the largest holder of the PoNW from day one, most of the 3% tax goes into the burn wallet.

Now say it with me..."who has access to the burn wallet?"

Most buyers will want to get into this project because they think that they are getting money for nothing. So they won't pay attention to what's really going on.

But now that you know, you won't fall for this either.

A hyper-deflationary, automatic-reflection token that solves the many economic inefficiencies present in standard reflection tokens. PoNW removes harmful functions, offers a more fair rewards system, & ensures a constant reduction in circulating supply after each transaction

Proof of No Work

Hyper-Deflationary, Automatic-Reflection Token

This is more of the same PulseChain nonsense. You can see this by reading the whitepaper. I couldn't make this up if I tried. 

https://proofofnowork.gitbook.io/proof-of-no-work-whitepaper/ponw-token/ponw-token-explained

The primary draw to this project is the idea of getting yield by doing no work. According to the whitepaper, there is a 3% tax on all transactions. That's lame, but whatever...it is what it is. 

However, this is the part that really matters...

Of that 3% tax, 2% goes to the holders of PoNW, distributed according to the percent of the total that each wallet owns. The other 1% goes to the "burn wallet." Again, there's that ever-present burn wallet in PulseChain projects. 

Here's the kicker...

The burn wallet was funded with 33% of the total supply from day one. Now why in the world would a project do that? 

BECAUSE THE BURN WALLET GETS A PERCENTAGE OF THE 2% PORTION OF THE TAX TOO.

Since the burn wallet is the largest holder of the PoNW from day one, most of the 3% tax goes into the burn wallet. 

Now say it with me..."who has access to the burn wallet?" 

Most buyers will want to get into this project because they think that they are getting money for nothing. So they won't pay attention to what's really going on. 

But now that you know, you won't fall for this either.

Tartarian

Given the recent witch hunt led by the village of SEC and its village priest, Gary Gensler, projects aspiring for long-term success must carefully consider their promotional strategies and messaging. Failure to do so might result in an unconventional water test, with hands and feet tied, to determine their innocence or potential involvement in crypto sorcery.

Exhibit 1, suggesting the token might be deemed a security:
"$PoNW is an automatic reflection token that generates yield entirely on-chain via a 3% transaction tax, where 2% is automatically reflected (redistributed) proportionately to existing holders, and 1% is burned."

"Yield" measures the realized return on a security over a specific period.

Exhibit 2, indicating potential security characteristics:
"Hyper-Deflationary
The burn wallet receives 33% of the supply on day one and is NOT excluded from reflections, accelerating the burn. Additionally, 1% of each transaction is burned, further increasing the deflation."

The emphasis on token "burn" in a "hyper-deflationary" tokenomics model invites speculation about potential price increases, appealing to speculators.

Exhibit 3, further hinting at security traits:
"Designed To Go Up
While no one can guarantee price appreciation, $PoNW claims that your PoNW token balance will increase with each on-chain transaction."

Lol, don't need to write anything about this one.

The first few seconds on the landing page show that they are notably lacking in seriousness. Guaranteed pump and dump or even rug. I hope no one expects anything serious coming from this team.

Cyralyst

PoNW is a hyper-deflationary, automatic-reflection token that allows you to trustlessly earn yield in PoNW. Reflections are deposited to holders automatically by the smart contract, with no middlemen.

Users pay a 3% fee on each transaction, where 2% gets redistributed proportionately to all holders, & 1% is burned.

I also identified & removed a harmful function present in most reflection tokens, referred to as "swapandliquify", which takes a portion of the transaction tax & adds it back to the liquidity pools. But these rewards are one-sided, which debases the token.

Simple supply & demand economics teaches as 1 asset's supply goes up in a pool & the supply of the asset its paired against stays constant, the value of the asset whose supply increased goes down.

Additionally, there is a custom function to exclude all LPs from reflections, preventing the LPs from experiencing the same issue.

Plus the burn wallet was given a huge initial distribution of 33% of the total supply, & is included in reflections, making the rewards that go to "no workers" disinflationary over time.

Whitepaper - https://proofofnowork.gitbook.io/proof-of-no-work-whitepaper/ponw-token/problems-ponw-solves

PoNWDev

What about those meme coins that is trying to sell you that they are no memecoins? The one's that are the ultimate hyper blast economic model EVER with no utility other than scam you.
"Maximize your earning potential unlike ever before"
The first line of the page promises you future returns potential, not good.
The project itself is a gambling with no utility whatsoever than a Ponzi scheme.
All proof of Lazyness tokens have 2% fees, just like Visa, 22,8% of supply is the dev to control, 0,15*0,02=profits in every transaction. NFTs have the same wrapped up 💩.
Ps: the owner is a cyrator "very fired" analysis.

What about those meme coins that is trying to sell you that they are no memecoins? The one's that are *the ultimate hyper blast economic model EVER* with no utility other than scam you.
"Maximize your earning potential unlike ever before"
The first line of the page promises you future returns potential, not good.
The project itself is a gambling with no utility whatsoever than a Ponzi scheme.
All proof of Lazyness tokens have 2% fees, just like Visa, 22,8% of supply is the dev to control, 0,15*0,02=profits in every transaction. NFTs have the same wrapped up 💩.
Ps: the owner is a cyrator "very fired" analysis.

Taiamã Demaman

The Proof of extremely Lazyness token starts out valueless, worth as much as what they aggregate, $0. 😴 & any scammed value attached to it afterward is 22.8% of the dev to control 🕵️‍♂️ (because The 33% burn wallet is not in circulation, meaning the dev has more of the total supply) plus 15% of the 2% that is burned after each transaction that raises as it is traded. The Dev Have this assurance to profit from the work of others. 💼

https://proofofnowork.gitbook.io/proof-of-no-work-whitepaper/ponw-token/tokenomics

I like this token, The only thing lacking is volume and that appeares to be on its way.

Shane Shoe

PoNW stands as a top echelon marvel: Capitalize on the 8th Wonder of the World!
Experience the groundbreaking pinnacle of innovation with Proof of No Work (PoNW)! PoNW offers a revolutionary crypto investment opportunity that demands zero effort on your part. With hyper-deflationary tokenomics, PoNW automatically disburses yield to holders after every transaction, ensuring continuous rewards without the hassle of swapandliquify or dumped fees, placing PoNW holders at the forefront!  The burn wallet, receiving a significant initial distribution and ongoing reflections, secures enduring gains. PoNW's daily yield, operating within a deflationary framework, empowers you to harness compound interest and embrace the profound concept of wealth preservation. All of this is orchestrated by the ingenious, trustworthy, and innovative founder whose vision is making waves in the Pulse Chain Ecosystem.  There's no denying that PoNW stands as the crème de la crème in the realm of investing!  Embrace PoNW to unlock effortless gains, engage with a vibrant community, and be a part of the crypto revolution that redefines the way you grow your wealth.

Proof of No Work PoNW

Hyper-Deflationary, Automatic-Reflection Token