As a cryptocurrency investor I have been looking at potential investments in the crypto market that can give me passive income. On my research I stumbled upon masternodes investment opportunities as a way of safeguarding my investment, involvement in the network management governance and as a means of earning passive income.
I bought required minimum coins, registered for a vpn service and armed myself with youtube videos to set up the masternode "It took me a week" to get my first masternode running. To be honest setting up a masternode process is not straight forward, its time consuming and a person who is not armed with IT capabilities will find it hard to set a masternode.
I have done my fair bit of research on masternodes and I can tell you what it is all about: a masternode is a full node or a fully synched staking wallet or offline wallet that is configured to be on a static IP, with a specific number of coins stored in the wallet as collateral. The role of the masternode is to validate transaction on the network. As a masternode owner you can be involved in the voting process of approving network governance. The coins set aside as collateral are used to measure the rewards given after a specific period of time.
THE BENEFITS OF A MASTERNODE.
Running a masternode is beneficial in many ways, networks that run masternodes are able to protect their blockchain from attacks that can palalyse the network services, running a masternodes helps in validation of blockchain the same way a proof of stake network works. Networks that run a masternode also require a considerable amount of coins for collateral purposes the coins, the sum makes it hard to obtain a masternode to to the expenses involved helping create a decentralized environment where there is a distribution of several masternodes that reduce monopolization of the network. Running a masternode is also time consuming and the infrastructure required will also help reduce monopolization of nodes in the network.
Running a masternode also helps the network have loyal operators who keep their coins for a specific amount of time in order to get rewards, Proof of stake miners usually switch to profitable mining operations and this can be very risky maintaining a network stable. The node maintenance process and the high cost involved in setting up a masternode usually act as collateral to ensure node operators are loyal and maintain their nodes in a proper way and obey the rules set aside by the blockchain.
Masternodes allows the processing and verification instant, they also allow anonymous transaction to happen in the blockchain. Owning a masternode will give the user privileges in the network allowing the holder to contribute towards development of the network by giving investors with a considerable investment and loyal holder voting rights towards the funds allocation towards future development of the network.
RUNNING A MASTERNODE.
As an investor you would like to run a masternode, since the ruturns are good than just holding your cryptocurrency assets but the process might be difficult and time consuming – with projects like Masternode foundation you can easily set-up one even without Linux programming knowledge required to set it up.
The complexity nature of setting a masternode is what keeps investors away, the process requires knowledge in Linux shell commands which can be difficult to run to most investors. The commands are used to run and maintain a masternode and even if you hire an expert maintenance can cost an arm and a leg having to pay maintenance services every now and then.
Using third party services providers like masternode foundation can be a solution to the problem, with their masternode tools tracking and monitoring tools and features you will reduce the cost of setting up the masternode and the cost involved in maintenance giving you a peace of mind while investing.
Masternode are a cool investment thn just holding your investments, with a potential high reward, masternodes provide an added advantage letting you earn passive income and privileges to be involved in the development of your network development.
Masternode foundation reduces the barriers of investing in masternodes, their decentralized operations and open source infrastructure give investors peace of mind with a service provider that you can trust and rely on your cryptocurrency investment journey. It is estimated that 90% of cryptocurrency holders are not familiar with setting up a masternode and this can be barrier to investing in the programs offered by their favorite blockchain networks, Masternode foundation is a vehicle to all your masternode investment needs, reducing the complexity of learning complicated Linux shell commands and dealing with VPS service maintenance.
With the above information I would like to introduce you to this third-party organization I have been talking about and introduce you to the services they are offering and see if they can be of help towards your masternode investment journey:
MASTERNODE FOUNDATION (MANO)
Official Website: https://manocoin.org/
The masternode foundation is a blockchain start-up that deals with masternode services, they assist investors with all the necessary tools they require to set up a masternode and get if fully running in simple processes. They assist by introducing innovate features such as masternode hosting services, Masternode exchange services, Masternode rankings, masternode monitoring tools and much more.
The team has not decided on the exact location of the offices and are currently consulting legal advice considering the legal policies hindering cryptocurrency investment companies setting up their shops, I would encourage you to keep yourself updated on their social platform and watch out on the development of this development.
With skilled developers and programmers among the team behind masternode foundation, they have reduced the process of running a masternode by eliminating the need of running Linux shell commands and VPS setting and maintenance services that can hinder an investor owning one.
As a person who has gone through hell setting up my masternodes I believe the project will be of great help to investors who would like to break the technicality involved in setting up a masternode and add enable them easily invest in masternodes that add passive income and generate profit to their already existing portfolios.
MASTERNODE FOUNDATION SERVICES.
Masternode has one goal in mind, to reduce barriers in setting and maintenance of masternodes, with this in mind the have innovative services and features that will help you in your investment journey, they include:
👉 Automated Masternode Deployment.
Using the masternode foundation service investors will be able to set up and run a masternode with just a few processes that don’t require programming and shell commands skills, the automation process will also help in eliminating VPS maintenance and setting up processes.
👉 Automated Shared Masternodes.
The masternode foundation shared masternode feature will allow investors to join partnered networks and coin where you can be able to invest, set up and monitor your intvestment in one platform reducing the cost of running another masternode
👉 Node Monitor Companion Mobile App.
The masternode foundation will develop mobile tracking application that will allow you to track your masternode investment performance on the go, the masternode companion mobile app will be compatible with most mobile operating systems such as android and iOS.
👉 Masternode Exclusive Exchange.
The team has created their own coin that will be used in the platform as medium of exchange where investors can buy and sell their masternodes on the platform exchange.
👉 Masternode Rankings Listing Platform.
You are familiar with coinmarketcap, right? The platform will have its own masternode ranking platform – similar to coinmarketcap but this time for masternode ranking that will allow investors track performance of their masternodes and all existing masternodes creating an all in one solution when you want to research on other masternodes in existence..
👉 Masternode Investment Fund.
The platform also features Masternode-backed fund that will be chosen by the MANO Decentralized Governance community and will be a source of generating extra income for Masternode holders.
MASTERNODE FOUNDATION COMPETITIVE ADVANTAGE
Compared to other service providers masternode has a competitive advantage in that it has managed to generate a considerable community that can be of help and they will ensure the adoption of the platform, you can join the platform discord server with over 4,000 members and see it for yourself and maybe ask questions that will be solved by the community and the platform developers. OFFICIAL MANO DISCORD and more links to the platform social platforms links in the reference section.
The platform tracking, indicators and monitoring tools sets the platform aprt from other third-party service providers – as an investor you will get a comprehensive feature towards management of your investment.
It's worth to note that the platform has a working product, the platform is still being improved and more additional features and tools will be added as time goes by due to the complexity of development, security improvement and the testing needed to ensure investors get an efficient platform free of errors.
All this feature is what sets this platform apart, there may be other features available on the platform that will be helpful to you as an investor but the above features are wheat I spotted and they will be helpful to me on my investment journey, please check the links below and do your own research concerning the features that you would love – you can also join the community and suggest any additional features you might think are missing and can be helpful. With masternodes costing an arm and a leg to own you need a trustworthy service provider that will ensure you security and transparency as your investment vehicle.
MASTERNODE FOUNDATION SOLUTIONS.
The masternode foundation plans to offer a solution to investors by reducing the initial set-up processes of a masternode, this will bring more investors to the masternode investment vehicle and offer community support and offer a social platform for community to exchange and monitor their investment. The platform will be open source and the community can ensure maximum security allowing investors trust the platform – a platform that ensures security of investment on masternodes "which are costly"
While researching for content for this article I came to notice a lot of people having problems setting up their masternodes, including a Dash Masternode Investor who has a masternode worth thousands of user and his masternode in not working, which can results in losses and painful experiences. With the platform simplifying this process, I believe more investors will adopt the masternode foundation for convenience and security purposes.
With growing demand for masternode investments, the platform will reduce criminal activities because when setting up a masternode holders wallets are at risk because the private key might be required when hosting your masternode on a server, the open source platform will be scrutinized by the community and ensure security is maintained and bugs are fixed as soon as they are spotted in case it happens – which I believe will be rare considering the team programming and developing skills.
With so many promises and features on th way I will keep myself updated through the platform social channels and I might use their services – you can contact the team to get your masternode listed on the platform or get your masternode running – it's important to ensure your security by only contacting verified team members on the platforms
MANO COIN.
To help with decentralization of the platform and enable easier transactions and peer to peer interactions, masternode foundation has their own coin MANO Coin which is anyone can mine and use on the platform, the coin uses energy efficient PoW algorithm (Lyra2z) that can be mined using any Nvidia GPU (CCMiner), AMD (SGMiner) and also using a CPU (CPU Miner).
The platform own coin will allow instant transactions and optimum security and allow the platform to reduce the fees during transactions.
The team has considered Crypto Bridge to list Mano coin as the first exchange where investors can buy OTC and this has been a good exchange for masternode target market where they can have specialized support to both investors and platform operators to serve them better.
Mano Coin Details:
👉 Symbol: MANO
👉 Address Initial: M
👉 Block Reward: 10 MANO
👉 Masternode Collateral: 1000 MANO
👉 Block Reward: 5/5 ( 50% Miner / 50% Masternode )
👉 PoW Algorithm: Lyra2z
👉 Block time: 120 seconds
👉 Diff Retargeting: DGWv3
👉 Halving: 12 months
👉 P2P Port: 5982
👉 RPC Port: 5983
👉 Max Supply: 12,614,400 MANO
👉 Premine: 3%
MASTERNODE FOUNDATION TEAM.
The team behind the platform development have knowledge and experience in engineering, programming and development skills with over 15 years' experience in IT infrastructure industry, 7 years in web back-end/ front-end development and over 4 years in crypto development.
With a team with such skills you can be guaranteed an efficient, secure and trustworthy platform that is well maintained and managed.
Masternode Foundation’s Initial Road-map.
👉 June 2018: MANO Coin Blockchain Initial Launch
👉 July 2018: MANO Host - One-click Masternode Services for Everyone.
👉 August 2018: Shared Masternodes Platform - Automated Shared Masternode Investing.
👉 October 2018: Masternode Rankings - The Coin Market Cap of Masternode Coins.
👉 January 2019: MANO Exchange - The Crypto Exchange for the Smart Masternode Investor.
👉 March 2019: MANO Fund - A Masternode Investment Fund ruled by Decentralized Governance
CONCLUSIONS.
Cryptocurrencies play a very important role in the crypto space, they are used as network validators and owners ensure the proper maintained of the network, the cost of setting up a masternode also ensures that monopolization of the network is reduced and the network is decentralized. The masternode platform is a great vehicle towards masternode investment journey and the features will allow easier investors entry into the masternode space improving the blockchain revolution, engagement, maintenance and security.
Using the proper strategies investors can engage in investments with confidence, masternode foundation is providing exactly this tool to help you maintain and increase your chances of increasing your ROI on your masternode investments, the platform is comprehensive and as an investor this is a platform I will consider and encourage you to check out on.
Running a masternode is expensive, time consuming and difficult to set-up than just holding your investments, masternode foundation through its innovative feature will ensure the process is easy and reduce the the barriers to entry into masternode investments.
Personally, as a cryptocurrency enthusiast and adopter, I love investing in secure platforms and networks – in this era of technological advancement thanks to blockchain technology a lot of scams project exist a having a platform that is delivering and ensures my security gives me hope, the team skills are an added advantage and the community engagement is what makes me believe in the project.
I have faith in masternode platform because they already have developed an actual working product, a real team that I have communicated with on discord and social platform – the team also hold several community meetings but due to geographical differences I have not been able to attend the meeting, you can check the team social network and see if they have a meeting organized close to you. The platform has a functioning wallet that can be downloaded on the links below, a working blockchain and a working coin which adds more trust in the project.
I have managed to download the wallet and it has downloaded installed and configured smoothly, the synchronization has been fast and I have not had any problems with the wallet, I managed to buy some coins over the counter and their performance has been excellent considering the red sea market we have experienced in the last few years.
For more information visit the following sites:
Website: https://manocoin.org/
Whitepaper: https://manocoin.org/MANO-LP01.pdf
Bitcointalk: https://bitcointalk.org/index.php?topic=4328146.0
Twitter: https://twitter.com/MANOCoinTeam
Telegram: https://t.me/MasternodeFoundation
Discord: https://discord.gg/t7fTaQj
Medium: https://medium.com/@masternodefoundation
Author: jamesndungu1
BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1856049
MANO Address: MLe7oaPTMZyLXavnjADTmwSuBTUe5PjqkY
