People like to discribe big vision and how they gonna to change the world when they are talking about blockchain, which is quite doubtful because few people is still full of passion when there is a a bearish. Blockchain is indeed a potential technology, but things get worse when more and more people only want to earn money. Now bitcoin has been kept falling for months, speculators start to feel boring about the market. It's a good time for us to return to the very beginning point when we first meet bitcoin and blockchain, instead of earning money, we just found it interesting and we were "playing with it".
Masternode coin is an interesting choice in such a bearish. Among hundreds of masternode coin, DiscountCoin attracts me most.
https://discountco.in/ Official website for your information.
Compared with most of the masternode coin, DiscountCoin has a rather high rewarding structure for coin holders. Here shows you the anticipated revenue if you hold the coin for masternode/stake:
As you can see, the revenue gets higher as time goes by, which is a very interesting mechanism because people are willing to hold it for long to maximize the revenue, and late comers still tend to buy the coin because the period for highest revenue will last for years.
Apart from this, there are also huge amount of reward prepared for lucky guys, called "lucky block"
The project team said they will try to list the DiscountCoin on popular exchanges including even Binance and Bittrex. Actually I'm wondering whether this would happen because it is said that 3M to 4M dollar is needed to list on Binance.
But still there are middle level exchanges.
DiscountCoin is designed to give the world an opportunity to use crypto-currency everyday to buy items at discounted prices in every stores accepting it. As you can find in their white paper:
"As a customer, you will be able to buy your items, pay for the restaurant, or go to the cinema with a discounted price.
As a shop owner, you will sell with a discount but you will earn more coins by staking them is your wallet, thus making a profit as if you sold for more than initial price."
In my opinion, the project is indeed relevent to blockchain and replying on decentralized community, although people may doubt that will there be any stores really accept this coin, and if it is not likely to be accomplished, why should I buy this coin?
I cannot conclude that the DiscountCoin Project will definitely succeed and have realistic application. But here comes the question, does bitcoin or litecoin has any realistic application? It is just growing slowly and accepted by more and more people. Years ago when bitcoin only worth 100 dollar, no one promised that bitcoin would rise hundreds of times in the future, we bought bitcoin just for belief and interests, which remains the reason and attitude when I decide to buy a coin.
If you are interested in this project, you can find more information on their office website and thread on bitcointalk https://bitcointalk.org/index.php?topic=3097845.0
The ICO is running now, you can click the link below if you want to join so that I can earn some bonus:
https://discountco.in/buy?dsc=DJhzBMJRVopkSFGnan2z3AHUJJvhCMK6ht
And you can also participate in the ICO directly through their website as your wish.