EmpowerCoin Knowledge Test
Q: What is EmpowerCoin (EMPC)?
A. A social media platform B. A blockchain-based financial ecosystem C. A gaming platform D. A stock trading platform Answer: B. A blockchain-based financial ecosystem
Q: How much of the transaction fee is redistributed to token holders when buying EMPC tokens?
A. 30% B. 50% C. 60% D. 70% Answer: C. 60%
Q: How much can you borrow against your EMPC tokens?
A. 50% B. 75% C. 90% D. 99% Answer: D. 99%
Q: What percentage of the transaction fee goes to the referral link on purchases?
A. 10% B. 20% C. 30% D. 40% Answer: C. 30%
Q: What must you hold to activate your referral link?
A. 1 Bitcoin B. 10 EMPC tokens C. 1 EMPC token D. 100 EMPC tokens Answer: C. 1 EMPC token
Q: How are loans repaid on the EmpowerCoin platform?
A. By selling EMPC tokens B. Through future Ethereum, Usdc, EMPC rewards C. By purchasing more EMPC tokens D. By using fiat currency Answer: B. Through future Ethereum, Usdc, EMPC rewards
Q: What ensures that loans on EmpowerCoin are risk-free?
A. Government backing B. Fee rewards covering loan repayments C. Insurance policy D. Collateral bonds Answer: B. Fee rewards covering loan repayments
Q: How can you earn passive income on the EmpowerCoin platform?
A. By trading stocks B. By holding EMPC tokens and receiving transaction fee redistribution C. By mining Bitcoin D. By using a savings account Answer: B. By holding EMPC tokens and receiving transaction fee redistribution
Q: What is the fee for selling EMPC tokens?
A. 5% B. 8% C. 10% D. 12% Answer: C. 10%
Q: What percentage of transaction fees from selling EMPC tokens is allocated to the treasury?
A. 30% B. 40% C. 50% D. 60% Answer: B. 40%
Q: What is the purpose of EmpowerCoin's micro-grants?
A. To buy stocks B. To support small businesses in developing regions C. To purchase real estate D. To invest in gold Answer: B. To support small businesses in developing regions
Q: Besides funding, what else does EmpowerCoin provide to grant recipients?
A. Travel vouchers B. Financial education C. Free products D. Sports tickets Answer: B. Financial education
Q: How does EmpowerCoin ensure the security of its platform?
A. Using basic password protection B. By having regular audits by top-tier security firms C. Through government regulations D. By using simple encryption Answer: B. By having regular audits by top-tier security firms
Q: How does EmpowerCoin ensure transparency?
A. By sending email updates B. By recording all transactions on the blockchain C. Through social media posts D. By providing paper receipts Answer: B. By recording all transactions on the blockchain
Q: What is required to start earning from referrals on EmpowerCoin?
A. A business license B. At least one EMPC token in your wallet C. A credit card D. A minimum balance of $1,000 Answer: B. At least one EMPC token in your wallet
Q: What happens if the value of EMPC changes significantly during a loan?
A. The platform ignores the change B. Risk management protocols may adjust the loan-to-value ratio C. The loan is canceled D. Nothing happens Answer: D. Nothing happens 
Q: What is the fee for token transfers on EmpowerCoin?
A. 1% B. 3% C. 5% D. 10% Answer: A. 1%
Q: How is the 1% fee from token transfers distributed?
A. 100% to the treasury B. 60% to token holders, 40% to the treasury C. 50% to token holders, 50% to the treasury D. 70% to token holders, 30% to the treasury Answer: B. 60% to token holders, 40% to the treasury
Q: What is the primary goal of EmpowerCoin’s educational programs?
A. To provide travel tips B. To improve financial literacy and achieve long-term success C. To teach cooking skills D. To offer sports training Answer: B. To improve financial literacy and achieve long-term success
Q: What kind of support does EmpowerCoin provide to its users?
A. Comprehensive support through a help center, discord B. Free gym memberships C. Travel insurance D. Shopping discounts Answer: A. Comprehensive support through a help center, discord
Q: How can you earn passive income on EmpowerCoin?
A. By staking EMPC tokens B. By holding EMPC tokens and receiving transaction fee redistribution C. By mining EMPC tokens D. By selling products online Answer: B. By holding EMPC tokens and receiving transaction fee redistribution
Q: How can a user multiply their funds using the EmpowerCoin platform?
A. By investing in real estate
B. Through trading stocks
C. By participating in the lending and borrowing processes and utilizing fee redistribution
D. By buying gold
Answer: C. By participating in the lending and borrowing processes and utilizing fee redistribution

Q:How does EmpowerCoin support financial empowerment?
A. By offering free financial planning services
B. Through lending, borrowing, fee redistribution, and micro-grants
C. By providing free housing
D. By giving away free food
Answer: B. Through lending, borrowing, fee redistribution, and micro-grants

Q:What is a major benefit of holding EMPC tokens?
A. Free travel insurance
B. Access to exclusive events
C. Earning a share of transaction fees redistributed to token holders
D. Discounts on shopping
Answer: C. Earning a share of transaction fees redistributed to token holders

Q: What type of businesses does EmpowerCoin's micro-grant program target?
A. Large corporations B. Startups in developed countries C. Small businesses in developing regions D. Online retail stores Answer: C. Small businesses in developing regions
Q: What kind of financial education does EmpowerCoin provide to grant recipients?
A. Investment strategies B. Personal finance management C. Using the platform to multiply funds D. Retirement planning Answer: C. Using the platform to multiply funds