PotCoin (POT) Faucet List 2019.
What are Potcoin Faucets
What Is Potcoin ?
Potcoin (POT) has been developed to support the legalization of cannabis industry. Members of the Potcoin community determine the level of involvement in the development of this cryptocurrency. The creator of Potcoin's cryptocurrencies is Joel Yeff from Montreal.
Potcoin is Litecoin's fork, but some key changes have been made. With respect to litecoin, the time for generating next blocks is shorter and the number of available coins is higher.
Currently, the coinpot is based on the Proof of Stake Velocity (PoSV) algorithm, which grants prizes for holding coins as well as user activity.
Future of Potcoin?
Potcoin has huge chances to grow, along with the development of the legal marijuana industry. As is known in many US states, and also in other developed countries, marijuana is legal, which is why the legal marijuana production segment gains global significance and becomes more and more attractive to the world.
Media are interested in the Potcoin company, because its mission is quite unique in relation to other crypto accounts. Because Potcoin aims to integrate with its network entities cultivating legal cannabis trade, e.g. pharmacies. However, many creators of other altcoins prefer to stay completely hidden.
Competition of Potcoin
Potcoin remains a very small altcoins, with a market capitalization of about $11 million as of July 2018, and it faces competition from other marijuana-centric cryptocurrencies such as DopeCoin and CannabisCoin, as well as the continued difficulty of operating with a product that remains illegal at the federal level.
Potcoin does not have a large community behind it compared to bitcoin or ethereum, and hence, is quite volatile on the crypto market. For example, when it was revealed that potcoin sponsored Dennis Rodman’s trip to North Korea on June 13, 2017, the value of the coin soared 64.35% from $0.1049 to $0.1723 on the same day.
This has proven a pattern, as Potcoin later sponsored Rodman's attendance at the Singapore summit between President Donald Trump and North Korean leader Kim Jong UN in June 2018.
Potcoin Faucets in General
There are not so many faucets that enable free distribution of Potcoin (XPM) cryptocurrencies. There are few sites offering Potcoin cryptocurrencies in Jackpot lottery. Most popular website with POT faucets platform is faucethub.
How To Make Money Online using Potcoin faucet
On different faucets, the time to get free Potcoin (POT) is different. To start getting free money from POT faucets you have to log in on Faucet site. Each Potcoin faucet has a reference system that allows you to earn 25% from each user who will take part in POT lottery.
If you want to make a profit, you should take part in the referral system. However, getting referrals from faucets is relatively difficult because you have to start promoting referral links.There are many different tools thanks to which you can promote your reference links, such as facebook, twiter or youtube. Another way to promote it is to run your own wordpress website, where you will be sharing referral links.