Crowd Funded Masternode

in #investing6 years ago (edited)

Hi! Everyone, Me and @harj are looking to start a new venture and want to get you guys involved.

The Venture:

We are issuing 87.5 % shares in our new venture.
We are issuing shares to purchase masternode(s).
What are masternodes: https://coincentral.com/what-are-masternodes-an-introduction-and-guide/

The remaining 12.5% will be split between founder Sames 2% and founder @harj 2.5% , our researcher @crucialeddie 2.5%, and the technical dev ( maybe @tipu/@cfminer a 3% stake ; )

Issue shares to raise capital of 2k usd in 4 weeks for the purchase of a masternode of your choice.

You can buy shares with SBD and own a percentage of the venture and have the same voting rights to all decisions we make ie which node to buy and if to sell.

We will send you all returns 100% as we get them. (distribute asap 100%) in SBD.

If 51% of shareholders want to sell then we shall sell the node, Remember if we do this, it will be the shareholders vote on what's done.

We will keep regular updates on progress and all decisions, we will also plan on letting sharholders to sell there percentage to other users once we are ready to make this happen.

if we are below our 2k will will have a vote, one option will be to just refund 100% after 4 weeks
51% needed. The other option is to buy smartcash.

We are taking advantage of the crypto dump. Cheap coins= cheap masternodes :)
More profit!!

I do not promise this venture will will make profits, it is crypto after all but you will be fully in control of process.

If you like this idea please say below your interest and how much you would be looking to invest.

i loved @tipu crowdfunded mining rig idea and got inspiration.

https://steemit.com/steemit/@tipu/sbd-crowd-funded-mining-rig-daily-payouts-for-investors

Here are some masternodes i have in mind:

Here are coins that are cheapish.
Footycash :

Money needed: $3,039.48 so basically $3100
https://masternodes.online/currencies/XFT/
Masternodes
Footy Cash is the only Fantasy Sports Coin with Masternodes! This is great opportunity for investors looking for a big return on their investment. With just 5,000 XFT you can set up your very own Footy Cash Masternode and start earning FREE rewards! It's among the most affordable on the market to set up. With a rare supply of 4.5 million coins, Footy Cash promises to earn a substantial return on investment as the price continues to grow.

Fantasy Sports
In 2017, it's estimated that over 100 million people will participate in fantasy sports competitions worldwide. What started out as a small niche category of sports enthusiasts participating in weekly competitions with friends, has evolved into a multi-billion dollar industry. DraftKings and FanDuel are the industry leaders in the daily fantasy space with nearly 15 million combined users.

Privacy Concerns
As the player and prize pools continue to increase, so does the need for better payment options. The large fantasy sports websites use archaic payment methods like Credit Cards and PayPal that require users to provide their name, address, phone number, credit card information, billing information, and even social security number to make a simple deposit.

Do you really want to give a 3rd party all this information so you can gamble on sports?

Withdrawal Process
You entered a NFL competition with 500 other contestants and won $10,000. Congratulations! You quickly select the Cashier function and go to make your withdrawal so you can go out for some beers on Friday night and celebrate your victory with friends. You enter all the required information, and notice that it will take 2-8 business days for your to receive your funds. That's a long time to wait for YOUR money. There must be a simpler way!

Anonymous Transactions
Footy Cash is the payment solution for Fantasy Sports. Our cutting-edge wallet includes the DarkSend and InstantX features that help alleviate privacy cocerns in the fantasy sports industry. DarkSend mixes the coins so that can trace the IP address or wallet address while InstantX allows you to send your transaction instantaneously. Footy Cash is a huge improvement over Credit Cards and PayPal that have added features, require personal information, and often take 2-8 business days to be credited to your account when you win.
Source: https://bitcointalk.org/index.php?topic=2195221
Site: http://beta.footycash.com/
They are quite active: https://bitcointalk.org/index.php?topic=2195221.360

Smartcash=
It quite a big name yet it “cheap”:


Read about it: https://steemit.com/crypocurrency/@msg768/smartcash-what-is-it-and-why-you-should-care
This is a little better cause it also POS so this could be an alternative if not enough money raised,
Money needed for masternode: $3,100.45 so $3120

https://masternodes.pro/stats/smart
Money needed for smart rewards aka POS: $340
That POS is always an option ;)
If not enough funds are meet.

Adzcoin masternode:

Cost=$1000
Not released yet but if we buy coins now they would be cheap.
I’ll keep posting updates and as an token will pay 0.01 sbd to all shareholders every week(form my own funds) to show i am activate until the masternode feature is activated on the adzcoin chain. That is if we pick it.
Proof of them adding masternodes: https://forum.adzbuzz.com/forum/adzbuzz-get-started/15807-adzbuzz-update-january-29-rss-feature-bonus-wallet-and-promo-schedule

Here why I think it be successful:
https://forum.adzbuzz.com/forum/adzbuzz-get-started/14738-adzbuzz-update-9-jan-2018-info-about-adzbuzz-exchange-buy-back-program-and-more
https://adzbuzz.com/Adzbuzz-Update-January-9.pdf
And this one too:
It a little out of data but most of the ideas are still keps: https://adzbuzz.com/ADZbuzz-Whitepaper.pdf

There is way more that i might not know about.
It the shareholders decisions to vote on which is the best. I ask you all to put which one you will be voting.

The shareholders will vote on the the custodian of the money to give more confidence of the money. :)

About us:
@sames : I have been in crypto for 3 years. I love writing about crypto( look at my blog) and own have many tokens. Exp, eos, bitshares, steem ;) , and Coss.
@harj: Got involved in crypto in 2014 buying Doge coin and "forgot" about and got got back in 2017.
@crucialeddie : researcher and engineer with years of experience building nuclear reactors. A really cool guy :)
I really hope you like this idea!!!
@tipu: one of the most popular tipping bot in steemit along with the recently added voting service. Owner of @cfminer one of the most successful crowdfunded mining rigs on steemit

More technical details coming soon. Once we get our dev @tipu probably ;)

I'll shall be using my share to pay for the fee so more money goes back to investors. :)
Update: @tipu is on board:
https://steemit.com/zappl/@sames/the-crowd-funded-masternode-is-almost-ready

Follow this account for me to announce when it is officially launched.

Update 2:
thanks to @saliv8
Here is basic math based on returns:
10% of the earnings( hoping to pay the hosting fee by the post rewards so i don't take cuts form the earnings to pay hosting; should be able too )
Say we do a smartcash masternode. It costs=$3,226.31
Say you paid $400 to get a 10% stake. You have to compete with others for shares :)
Currently $15 is made every day. So with a 10% stake you get $1.5 daily
$547.5 a year (but crypto are down in general so expect in usd to go up), Plus you can sell your share.
The main benefit of this idea you don't have to buy the whole amount to get rewards, we pool our $ into this to earn.

But their way more masternodes. With more potential for returns. Hint check out adzcoin ;)
The cheaper the masternode the more potential for returns plus with a good project boom profit.

The shares are "lifetime" as long as 51% don't vote to sell.

Sort:  

welldone Sam

I like the smart cash idea personally. I could contribute 10 SBD at this point in time.

want to join ;) 0.5-1 sbd is min. not decided fully yet depends on dev

thanks bro

This post received a 0.630 SBD (11.38%) upvote from @upvotewhale thanks to @sames! For more information, check out my profile!

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well done and Good luck @sames
@hamza77

Gracias por aportar.

So you interested?

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ok joined the group so i just post my link there right?

yes, I approved.

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@sames and @harj this sounds like a brilliant idea. One really can buy shares with SBD and even at that own a percentage of the venture and have the same voting rights to all decisions .
This is amazing, keep the good work up.

Just follow us, we got our dev :) You can deposit at min 0.1 sbd to get in :) More is better :)

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