It seems the masternode sector is doing better these past couple of weeks and months. This article shows that we are maybe starting a new trend in the MN space:https://masternode.buzz/masternodes-are-capturing-the-attention-of-investors/
@adi0149 149 Thanks for your fabulous spreadsheet. I have been watching the top tier (dark green & light green) masternode projects. Some of these stay in the green others move from dark green to dark red within a day's time. I'm stunned to see this fall from grace so rapidly. I'm wondering how this happens and what it means. I'm looking at Cardbuyers. By the time I purchased the nec. coins for a MN it now shows up in the red on this spreadsheet. I'm wondering how valuable is it if these coins one day have a high rating and the next day have a low rating. Is using the spreadsheet better than picking a coin at random?
In 2017, we experienced an exponential boom in the price of cryptocurrencies across the board. This price activity created new millionaires at a rapid rate, and attracted everyday people to cryptocurrency en masse. Yes, cryptocurrency and blockchain technology have created some great products, developments, and other incredibly impressive accomplishments. However, the market as a whole became overvalued. During the inevitable prolonged correction that has followed, we’ve all been given some time to reflect on what happened. Those who are smart and still value a future in cryptocurrency will take those lessons and apply them to their next move. That is what xGalaxy has done. Today, I’m going to be talking about the xGalaxy project, what they are trying to do, and how the lessons that they learned from a crypto bull and subsequent bear market can pave the way for outstanding success as a blockchain-oriented project.
The Beginning: A Fair Launch
While xGalaxy is not the only project that is using the current market conditions to build infrastructure for the next market cycle, it is one of the only ones who has successfully conducted a fair launch with a very low premine and no presale. ICOs have become the poster children of bloated presales, excessive spending, and unnecessarily large teams. They burn through investors’ money quickly and inefficiently, creating a dangerous environment for any ICO investor. In contrast, xGalaxy launched their coin with virtually no premine(0.005% or 2,900 coins to be specific), no presale funds, and a lean, qualified development team. If you have a project with utility and market demand, that’s all you really need. The cryptocurrency community can be shallow, impatient, and at times loses track of what this entire experiment is meant to be — but they always find a way to locate and appreciate a project that has delivered something of value. So far, xGalaxy has gained that status. They’ve managed to achieve a significant market cap without participating in airdrops, bounties, or other shady behavior usually engaged in by projects with no utility or use-case.
The Product: Meeting a Need
In 2017, we saw classmates, friends, family, coworkers, and more people in our everyday lives asking about or purchasing cryptocurrency. It was clear that anyone who heard about crypto wanted to make money by buying and selling it. Everyone wanted to be a day-trader. Binance and Bittrex both closed registrations as thousands of new users tried to enter the market. We as a community weren’t prepared to meet that market demand. We weren’t the only ones caught unprepared, though. The new users themselves were not experienced traders. They invested more than they could afford to lose in a market that was euphoric at the time, but has become increasingly difficult to trade ever since. Basic trading principles and risk management went ignored and people found it difficult to understand and use exchanges like Binance. Purchasing a coin seems easy to those of us who do this every day, but for someone who doesn’t know the difference between a market and limit order, this can be really complicated and honestly, dangerous for them.
Three things have become clear from observing the behavior of new investors in the past year:
There is an overwhelming interest in generating income by trading assets.Users will benefit from a simple platform that utilizes simple trading concepts and vocabulary.Coins of the trading platforms that achieve success are some of the most solid investments in the entire market.
This is where I think xGalaxy really offers incredible value to the market. They have developed a decentralized trading platform for binary options on cryptocurrency assets. Binary options are a simplified form of trading in which the user picks a direction for the price action of an asset within a designated window of time. If the trader is correct, the trade is profitable. If not, the trader loses the trade. This really simple trading process attracts a wide range of customers and is really appealing to all traders.
XGCS: The Coin To Fuel It All
XGCS, the official currency of the trading platform, stands to hold incredible value if the exchange becomes even mildly successful. The team has taken great steps to ensure that XGCS retains value and remains an intriguing investment opportunity. The masternode rewards structure and adaptive masternode collateral helps to eliminate inflation problems that masternode and staking coins often encounter, and the team has done a brilliant job of keeping the circulating supply low by refusing to give out massive amounts of free coins as lesser projects usually are forced to do in order to gain exposure. The current price of XGCS definitely reflects that effort. It is already listed on Escodex and is holding value very well for a new coin.
More Coin Specifications
Coin ticker : XGCS
Algorithm : x16r
Difficulty : Dark Gravity Wave (DGW)
Block Time : 1 minute
Coin Supply : 50,000,000
Type : POW / Masternode
Exchange tokens have proven to be an excellent store of value, source of income, and at times they experience drastic price increases because of their reputation. All in all, XGCS and xGalaxy are well-positioned to capitalize on a resurgence of the crypto markets and another influx of new investors.
Important Links for xGalaxy
Trade on Escodex: https://www.escodex.com/
Hello crypto enthusiasts, I am proud to identify another promising masternode coin project. It's a project with some ambitious goals to bring cryptocurrency and blockchain technology to the hospitality industry. A coin whose development team are determined to produce products which are better real life use-case. It is called concierge Coin.
Concierge coin has a strong community which enjoy stable and steady rewardsIt's a coin built by innovative business oriented professionals with highly placed partnership deals to wheel the coin far abroad.
You can look up all the information about Concierge coin on the official website http://www.conciergecoin.net/
Join the discord community; https://discord.gg/ZvCw6pk
Masternode Monitoring Serviceshttps://mncn.online/coins/CCC>https://masternodes.online/cur...MNRank: https://mnrank.com/coin/CCC/
@pixelprince Other than the MNO tab, I dont have a specific resource for that no. I rely on my fellow MN enthusiasts. Sometimes I get lucky and hear of an upcoming MN through the grapevine. Maybe if at some point there is enough interest for it, we can start a thread dedicated to upcoming (and rumored) MNs
Thanks for the overview @notorious2018 - Like the dev fee strategy and the binary options are fascinating but I don't understand the changing collateral strategy. While holding lots of masternodes the last thing I personally want to have to do is actively manage them ongoing with such collateral changes. I want to buy great projects - install them once and hold them while the stakes come in. Why would I want to reinstall again at 3K & 20K? And if I haven't accumulated enough XGCS - I'd need to go out an buy more... Ughhh.I think the goal as a investor is to receive PASSIVE income from masternode investments and this seems like a step in the wrong direction.
In August of 2018, it was reported that Binance charges $2,000,000+ to be listed on their exchange. Yes, Binance has the most volume in the world. Yes, Binance gives great exposure to cryptocurrency projects. And yes, coins often pay this fee to get exposure to their audience. Cryptocurrency infrastructure is important, but when that infrastructure only rewards those who can pay gigantic fees, cryptocurrency begins to lose its direction. Cryptocurrency is meant to be a community that above all else, fosters innovation that ultimately aims to improve our existing systems of payments and payment services. Though that was the original goal, cryptocurrency and blockchain technology has now adapted to hundreds of other business applications and improved the efficiency and security of dozens of industries. Because this technology and innovation have now shown us the true potential of an economy integrated with cryptocurrency, we need to protect and build infrastructure that promotes the advancement of blockchain-based projects based on factors that are not financially motivated.
The cryptocurrency community is unfortunately notorious for the amount of scams and misconduct that occurs within our ranks. Because of a lack of awareness of infrastructure and a lack of motivation to participate in the infrastructure that does exist, users often finding themselves trading crypto peer to peer through chat groups like you would find in Discord, Slack, Telegram, etc. This obviously creates a dangerous environment for those looking to safely transact, and the rate of scams among these transactions is high. This not only creates an unnecessary obstacle for the average investor, it also smears the name of cryptocurrency and discourages people from engaging in the most basic function of cryptocurrency: transacting money.
Xchange is tackling this problem at its most basic level. They have created a multicoin wallet that acts as a peer-to-peer marketplace where users can trade the coins they want at the prices they want. The XCG team has identified a real need in the cryptocurrency space: a truly decentralized exchange with no need to trust someone else at any part during the process. This is wildly valuable in the crypto wild west. The wallet has an escrow function built-in, and transactions are handled automatically. Upon completion of the agreed upon transaction, escrow is released and both parties get their funds. They've also developed an auction feature that allows a user to set a price that they'd like to get for the coins they want to sell. This can be any combination of pairs. You can auction ETH for XCG, or XCG for BTC, or any other pairing you'd like to create. Then, you set a duration for the listing and wait. Your bid or ask will either get filled or expire. And best of all, it's all done without KYC, signup, or any other typical centralized exchange hassle. It's all done in the wallet.
Not only has Xchange delivered a platform that meets a market need, but they've also given purpose to their coin, XCG. XCG will act as the fee currency for all transactions, and has also become a popular investment as a masternode coin. Very few masternode coins deliver meaningful software or services, but Xchange has done exactly that. Given that fact, XCG should be able to rise above the sea of coins with no use-case or purpose and establish a solid following and community going forward. Here's a link to the Masternodes.Online page for Xchange:https://masternodes.online/currencies/XCG/
As a masternode coin, Xchange is highly appealing to investors. Setting up an XCG node is easy, and all the instructions are available in their Discord. They also have a very helpful support channel.
Though masternode coins are appealing to investors, they also have some challenges. Often, masternode coins fail because of inflation and an unsustainable masternode reward structure. This is to attract investors, but often it is not for their benefit. Xchange has implemented a sustainable masternode ROI that occurs in three phases. It's also notable that the ROI is determined by block, not by the number of active masternodes. This means that incoming investors don't have to worry about reduction in rewards when masternodes are added to the network. Not only does this keep the ROI attractive for late investors, but it protects the market price from the dump that could occur from inflation in the early stages. With adaptive ROIs, a small amount of masternodes means an unsustainable ROI. With Xchange's system of rewards, masternode holders are protected from both of those negative outcomes.
Blocks 0-23160: 1000% ROIBlocks 23160-123960: 500% ROIBlocks 123960-245920: 100% ROI
As far as I'm concerned, Xchange has correctly identified a market need and filled that need elegantly. Along the way, they've built a stable coin that has implemented features that will ensure the longevity and value of that coin. They are rewarding early investors of the project and building something that can be appealing to later investors as well. I expect XCG to do very well in the coming months, and they are really well positioned for whenever the next big alt bull run occurs.
Xchange Discord: https://discord.gg/7Qq3BrU
Hi, I was going to move this thread to the ANN category, but I see you already have an ANN there. Please keep these posts in your ANN thread :). Im closing this one for now. You can pm me if you feel that was a wrong decision. Thanks!
so, do you have any other plans besides offering flexible masternodes? Maybe a roadmap? Will you implement a governance system in the near future? Thanks in advance, looking forward to your answers.
Hi,Sorry for the late reply I dont visit this website too often so missed your reply.We have the governance system since we are a fork of DASH. Our latest big move was entering the exchange stocks.exchange that has good volume. Other than that we dont have any big changes on the roadmap, just stayling alive and keeping the wallet stable.
NIX a privacy coin and platform that will deliver completely private, decentralized transactions for BTC, altcoins and tokens.
The platform also utilises master nodes (aka ‘Ghost nodes’) in order to facilitate transactions via the NIX privacy protocol. Ghostnode holders will receive rewards, both in terms of a percentage of every block created and also for every NIX transaction they process.
While the NIX coin itself is a fully tradeable, next generation privacy coin in it’s own right, the NIX Platform’s first use case will be to deliver a world first: a decentralised exchange (DEX) manager, that will provide users of supported DEX’s the option of making completely private transactions.
Imagine integrating all DEX’s into one platform while adding privacy layers to atomic swaps.
What is the ROI for NIX masternodes?
NIX masternodes earn in two ways:
(a) via block rewards (28%> of the NIX created in every new block)
(b) from transaction fees generated by dApps running on the NIX platform (the first of which will be the DEX Privacy Manager)
(https://masternodes.pro/stats/...) The current ROI based only on block rewards (transaction fees are not included)
Check all out @ (https://nixplatform.io/)