The Masternode Eco-System (September 2018)
Currently, the masternode ecosystem has more than 400 coins according to masternodes.online. To get a grasp of the risk and opportunities, we created a 2-D map of the masternode coins according to their block reward return on investment and current market cap.
The map highlights a well-known relationship between the market capitalization and block reward ROI; larger, more mature coins have lower ROIs. To further elucidate this, we define micro-cap coins as those with a market capitalization less than $100,000. Coins designated with a "high" market capitalization have a total market value of any amount greater than $10,000,000. As a final differentiator, we separated the small-cap coins into those with ROIs higher than 100% and those below. This created four quadrants that partition the eco-system according to potential risk and opportunities. Within each quadrant, we've highlighted a few coins for context.
Low ROI, High MCap (Blue):
Dash (DASH)
PIVX (PIVX)
SysCoin (SYS)
ZCoin (XZC)
SmartCash (SMART)
PACcoin (PAC)
Low ROI, Small MCap (Green):
ALQO (XLQ)
Phore (PHR)
Solaris (XLR)
GoByte (GBX)
Terracoin (TRX)
Crown (CRW)
High ROI, Small MCap (Orange):
GINCoin (GIN)
Bulwark (BWK)
Polis (POLIS)
Deviant (DEV)
High ROI, Micro MCap (Red):
FOLM (FOLM)
VIZZOTIO (VIZZ)
SUB1X (SUB1X)