Small introduction today on a new Masternode coin, MANO, which brings two interesting functionalities.
The first: It allows a typical user with no knowledge to deploy a masternode through the MANO platform. Just choose your Masternode, transfer the coins and... And that without any need in Unix command-line or technical knowledge. The team will take care of all ant that for a ridiculous price. Imagine: only 5 dollar per month to run your Masternode. What you also have to pay if you want to run your own masternode by a provider like DigitalOcean. Also nothing!
The second, and most promising, is called SMAP for Shared Masternodes Automated Platform. It was developed by the Criptoreal team for their own needs and sold to MANO. This feature allows anyone to easily invest in a shared Masternode.
And the strength of the Masternodes are the compound interests. The greatest force in the universe, according to Albert Einstein...
It’s the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously accumulated interest. 2 factors influence this force: the distributed interest rates and the distribution frequency
Thanks to MANO and this SMAP (Shared Masternodes Automated Platform) function, there is no need to invest 10'000 dollar or more in a Masternode. We can already start enjoying compound interest from small amounts! Who can today launch a DASH Masternode? I can’t invest 300’000$ in a Dash Masternode (or I’m not ready to take such risk). With MANO I’ll be able to invest a fraction of a DASH Masternode, like 500$ and I will enjoy the regular income, depending on the number of coin invested, that the Masternode will generate.
In fact, the team did not necessarily need to launch a coin to offer these services. But with hindsight it is indeed a good solution. Indeed, given that MANO has managed to increase its value, it is in the team's interest to ensure that this coin will continue to gain value and this gives us some assurance that they will not leave the project with the funds invested by the community in their Masternode services.
Masternodes are ever more and more popular and MANO has find a niche market and meets a real need. And finally, part of a company's success comes from a service that meets a need.
The MANO team plans to launch other features such as an exchange and a masternode ranking site.
The exchange will make it possible for the masternode owner to receive their SMAP earned coin and exchange them directly. very interessant if I want to diversify and reinvest the funds generated by my DASH Masternode and reinvest them in a Criptoreal Masternode for example. No need to go through an external exchange like Binance or HITBTC and have to pay additional fees.
The Masternode ranking site will allow the investor to monitor their investment status and compare the masternode coins to be able to choose the right Masternode coin to invest. This functionality should als be available on Android and iOS apps.
More infos are available here: https://manocoin.org/
Or you can directly ask the developer on the Discord: https://discord.gg/xPuxYmM
enjoy!