This coin has been shilled constantly on /biz/ and I see no reason why it would be worth $1+.

Firstly, the site itself is very poorly designed and barely functional as an exchange. There are dozens of alternative exchanges which are better designed. Why would you use POSW which clearly has inexperienced anonymous developers when you could use a reputable trusted exchange instead?

The *only* benefits to using PoSWallet is the dividends and staking. Staking can be done elsewhere so this is not a real benefit, and certainly does not justify trusting your money in a poorly designed site which likely has all sorts of security flaws. As for the dividends, the pay outs are minimal and again are not worth the risk of a hack or scam.

In short this token is garbage as the exchange is run by inexperienced devs who, instead of working to improve their site, decide to shill on Bitcointalk and /biz/ instead. They do this because they are former BitBeaners who are looking for an easy Pump n Dump scam and not an actual long term project.