[0195] - BlockVest: Could This Be The Next Dash Masternode?
Today, I am reviewing a crypto exchange & hedge fund. The reason I'm big on investing in crypto exchanges is because they provide key infrastructure to the growing cryptocurrency market. And where there is growth, there are investment opportunities.
While you can invest is coins that are purely for payments and transactions, like Bitcoin, my strategy is to invest in the 'railroads, shipping and vital infrastructure' that are being built for the expansion and mainstream use of cryptocurrency.
So I have a number of coin exchanges in my portfolio. Not just one.
Today I'm presenting you with #Blockvest. Which is a very interesting project and one that I am #bullish on. For those of you who are into passive income and earning interest on your cryptos, you may be interested too.
From my 'first glance' at the whitepaper, Blockvest is basically a hedge fund where you can invest in a diversified basket of cryptocurrencies and other commodities, index funds and currency pairs. That's the gist of it.
The interesting part to me are the passive incomes you can earn by HODLing BlockVest. To me, *if you are going to HODL coins and ignore market fluctuations, at least HODL something that is earning you more coins in passive interest!
( *Yeah, I don't get the pigheaded, 'crypto or die' HODL thing when the market fluctuates so much. I've made more from swing trading the bear market than holding. )
Anyhoo, if you hold BlockVest coins in the official wallet, you will earn passive income for #staking the network. So, just for sitting on your butt, you earn more coins. No matter how many you have, you can earn.
But, if you're more serious, BlockVest will have it's own version of a #Masternode so whales who put a sizeable stake ( 1000 coins ) into the network, will earn extra interest.
Check out this little tidbit from the whitepaper...
Yes, all you need are 1000 BlockVest coins and a dedicated server ( which you can rent ) to host a masternode. Which is not a big risk, given the scope of the project. I.e. A hedge fund.
So, there is a very real chance for BlockVest to be that #Dash masternode you have been looking for.
As an aside, Dash masternode holders *currently ( during a flat market ) are earning $69AUD per day, $485 per week, $2k per month and $25k per year in passive income. Just for HODLing and staking the network. Now that is smart investing in crypto!
You have to remember, the main reason Dash masternodes took off and became the top earner it is today, was because they were the first cryptocurrency to offer masternodes. So people got behind the idea.
But Dash is a 'fast payments coin' and it's utility is in whether people spend Dash or not. So there is a big risk on your investment if you are looking for another payments coin to perform like Dash. It probably won't happen.
There are other good earning masternodes like #PivX, but I think the masternodes that will take off in future will the ones that support key infrastructure like BlockVest's hedge fund network. To me, that's where the money is and represents a lesser risk than investing in a crypto masternode that is purely for transactions, for example.
But, as always, think what you like.
Aside from the opportunity to take part in a hedge fund, the passive income streams of staking and masternodes, BlockVest has other interesting features.
One of which is that BlockVest plans to release it's own version of #Tether, a #StableCoin called YIELD. This stablecoin has a number of interesting facets to it as it is the linchpin behind BlockVest. And deserves a whole article of its own.
But for now, I wanted to point you in the direction of BlockVest and their passive income opportunities.
Check out their website at https://blockvestico.io/#close and their whitepaper at https://blockvestico.io/wp-content/uploads/2018/05/Blockvest-Whitepaper_V3_052718.pdf.
[ Editors Note: I'm currently interviewing the founder of BlockVest, Reginald Ringgold and will post it later. He has some very interesting things to say about investing in the US and the changes to regulations that will send a bolt of confidence through the crypto markets. ]
Thanks for watching,
Brendan Rohan - Indie developer of 'next gen' natural medicine from Melbourne, Australia
Www.Skyflowers.co ( see "botany" tab for the plant research )
Www.ClinicalFlowerTherapy.com
Social @iSkyflowers
YouTube Skyflowers.Tv
If you support natural medicine and an independent research project that began in 1997, then steem me. The creds I get will help me provide a solid body of information that future generations can build upon.
DISCLAIMER: This article and all information on this channel & all content is offered purely for educational & entertainment purposes. Always do your own research when investing money and seek the help of a registered financial advisor.
Go here https://steemit.com/@a-a-a to get your post resteemed to over 72,000 followers.
Go here https://steemit.com/@a-a-a to get your post resteemed to over 72,000 followers.