One day, One Coin #2 - Masternode coin list

cheapes (36)in #cryptocurrency • 7 years ago

Disclaimer : Hello, welcome in this series where i'm going to focus on one coin each day. I'm not going to talk about every coin present on the market, just the one who i think will be : solid project or interesting project if they are new. This is not branding or publicity, just information you can find anywhere on the internet.

If you are interested to invest in those coin, i recommand you to do your own research and to be extremely careful. I'm not responsible for any loss.

credit eternity website.jpg
Picture credit : Eternity website

Hello steemians,

Today, this is not really a coin that i'm going to introduce to you but many coins with a particularity : they got (or they will have) masternode technology.

Many of these coins are very hyped these days because masternode, on the paper, should drive the price up of the coin for two main reasons :

To create a masternode, you need to have a certain amount of coin. It can be 1000, 10000, 100000 ... depends of the coin. The coin you need to have will be locked in your wallet to create the masternode and will give you some good rewards.
The coin are locked, they dissapear from the market --> more coin lock --> less coin available --> more people want masternode --> more coin are locked --> price up --> a nice "cercle vertueux" (sorry don't know how it's named in english, righteous circle i guess)

You can easily understand why many coins try to integrate this technology. It's an easy catch for investor who think running a masternode will make them rich.

In the reality, it's very different because you have to make some research to know how much profit you will take from running a masternode and how much time it will take to regain the initial invest.

And with the crazyness around some masternode coin (like Chaincoin who just goes to +200k satoshi and took a deep fall to under 20k yesterday), it can be really tricky to invest.

So today, i wanted to share with you some coin who got this masternode technology, how much coin you will need to run the masternode. I did not put an average cost on it because price move every day but did list them into three category.

It's impossible to list them all but i did my best to regroupe some useful information :

Masternode for the rich guys (+10 k dollar)

Stratis : 250 000 coins. With breeze wallet, some rich crypto guys will have the right to run this big pricy masternode.
Pivx : 10 000 coins
Dash : 1000 coins
Xem : 3 000 000 coins
MUE : 500 000 coins
Waves : 10 000 coins
ICN : 20 000 coins
ION : 20 000 coins
Crown : 10 000 coins
Diamond : 10 000 coins
Xtrabytes : 500 000 coins

Masternode for the mortal (1k - 10 k dollar)

Insane coin : 10 000 coins
Bitsend : 20 000 coins
Pepecoin : 15 000 coins --> https://twitter.com/pepecoins/status/888624780513087489
Chaincoin : 1000 coins --> the coin was trading around 40k today so
TXCoin : 10 000 coins
Neutron : 25 000 coins
Score coin : 150 000 coins
Renoscoin : 30 000 coins
Sib coin : 1000 coins
Wagerrr : 25 000 coins
Vcash : 10 000 coins