Phore Profile (PHR)
Project Safety Score
Mon, Jan 24, 2022 8:34 AM
Grounded in sound technology, Phore is composed of a decentralized blockchain, a network of masternodes, a self-governance system, and several other innovative technologies. In addition to hosting a decentralized marketplace, Phore offers crowdfunding, public and private blockchain services, decentralized applications, all with the help of its utility token, PHR. Phore is a new name in the cryptocurrency market. In fact, it did not have an ICO or pre-sale mining. However, the company has a well-stipulated roadmap for the future. Its most recent progress was the integration of the Phore Blockchain into the marketplace. One of the milestones for 2018 is the activation of Segregated Witness. Phore started out as KryptKoin back in 2014. KryptKoin’s lead developer had to stop the project due to a serious disease. The demise of KryptKoin was followed by the creation of Phore in 2017. Phore’s blockchain system operates on the Proof of Stake (PoS) protocol for the purpose of mining. Users are rewarded on the basis of their participation on the platform and the number of stakes they hold. The staking rate is 2.8 PHR per 60 seconds, which means users will receive 2.8 PHR for every block they own after every 60 seconds. The blockchain employs master nodes to fulfil the purpose of security on the Phore network. A minimum of 10,000 PHR is required to enable master node security. The set up process only requires a Virtual Private Server (VPS) and a PC. Masternodes serve additional security to the funds even when the wallet is offline. The targets for Q1 2018 include the development and release of web and Android wallets. The plan is to increase PHR accessibility with the help of wallets. The team plans to work on wallet and core upgrades the whole year long. They also intend to create an automated setup for master nodes. Phore has built an enthusiastic and dedicated community of users despite its new entry in the market. The variety of services that it offers with its innovative technological infrastructure indicates a positive future market growth and an expanding user base. With a team of expert individuals like Moonshot, the CTO with over 25 years of work experience in financial technology and young developers like Julian Meyer, Phore emerges as a promising investment opportunity.
Read more in the whitepaper:
Phore Project Statement
Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.
Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.
Phore Safety Report
Phore has a safety score of 3.65
Phore is a nano cap coin.
Phore is suited to a balanced investment style.
This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.
- tradingview profile
Phore Red Flags
There are currently no Phore red flags.
Phore Development Score
The Phore project has 44 active source code repositories.
The most recent commit was Wed, Oct 27, 2021 1:46 AM
- 95 Watchers
- 218 Stars
- 151 Mentionable Users
- 0 Vulnerabilities
- No commits in the last 28 days
- daily repo updates
- very low stars
- very poor watchers
- poor mentionable users
- no repo stars
Phore Sentiment Score
The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!
The more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.
- The overall sentiment is very positive
- Low number articles to calculate the sentiment
Phore Community Score
The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Phore?
The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.
Overall Phore has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.
- extremely high hashtag tweets
- extremely high gitHub account watchers
- no reddit articles
Phore Awareness Score
The awareness score indicates how well Phore is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Phore is but a good measure of longevity is how well the project is known by the general public.
Overall Phore this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.
- very poor search result total
- very poor number of news articles mentioning Phore
- very poor number of headlines about Phore
- very poor number of Phore YouTube videos
Phore Credibility Score
The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?
- Mature project age (released Nov 7, 2017)
Phore Volume Score
The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag
- no USD 24hr volume
Red flags come in all shapes and sizes
At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.
You expect a level of transparency and professionalism from a project that is asking for your money.
There are all sorts of red flags which you should be weary of;
- 404 (missing) websites
- Expired SSL certs
- Malware/Hijacked sites
- Suspended Twitter accounts
- Private Subreddits
- SEC investiations
If you spot anything suspicious/resolved then please let us know.
Phore Red flags
No red flags
No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.
How complete is this profile:
A few missing data points
This profile is still waiting for the following data points
- tradingview profile
Market Cap Rank:
Bulls v Bears:
Phore (PHR) Do the Risks Outweigh the Rewards Tuesday?Wed, Dec 29, 2021 12:00 PM
Wagerr Price Up 102.2% Over Last Week (WGR)Tue, Dec 21, 2021 12:00 PM
Is Phore (PHR) a Good Investment Friday?Fri, Dec 10, 2021 12:00 PM
Dev-Protokoll übertrifft 1-Tages-Volumen von 18.091,00 USD ...Sun, Nov 28, 2021 12:00 PM
Por qué es un buen momento para el 'staking'Tue, Oct 26, 2021 12:00 PM