Master node Coop is now officially in business
Masternode Coop is officially open for business
Structure for payouts
The payouts are as follows
First I as the host take 5% of the overall volume, then I take 10$ per masternode for server costs
when these money has been taken the rest is shared by every invester by percentage of the masternode they have paid for
So if you have bought 10% of a masternode you will get 10% of the payouts after I have taken the hosting fees.
Payouts
Payouts will happen once a week, to minimize transaction fees, I think the easiest is to send the money directly from
the masternode wallet, that way I do not incur more fees by sending to an exchange and exchange the money, you can just have
deposited to an exchange.
Meetings
The plan is there will be one hangout on air once every month, here we will discuss what has been happening and any potential new plans
this is for two reasons, one of the reasons is so we have more transparency. The other reason is to make this more visible.
Expansion
This is generally something that will come on offer when I am ready to expand, I need to keep up with all the masternodes and make sure they
are running, I will only go for expansions when two basic conditions are fulfilled
- I have money to put into a new venture
- All the current masternodes are running really well.
Minimal Investment
When you are a new investor you can get in for as little as 5% of a masternode, though this
is only for a limited time.
After the 5% you have to invest 20% of a masternode to get in (could be lowered for a bigger node)
If you are interested in investing you can comment on this
So a little information update on the masternode
information about how many rewards it has gotten is available through the block explorer, the link to the specific site of this masternode is http://hmcexplorer.com/address/HKULCTY1C6YG8UFLHjtgjGMKNaQtEoRPuD
Although it is a little off the times I have checked it has been about -4 off
the masternode might have 10 and the block explorer would then say it had somewhere about 6.