Diving into shared masternode platforms - stakecube.net
If you've been following my posts, you'll know that I've been diving into masternode coins lately.
If you don't know what a masternode is, then check out my previous post on this topic.
The world of masternodes is fascinating, there's a tonne of shitcoins out there mixed with some great coins as well. So it can be a real struggle to find the good ones.
Also, it can be very costly to purchase a full node in one of the good coins which makes the barrier to entry quite high. And this is where shared masternodes come in.
Shared masternodes allow a number of people to buy a full node of a given coin as a group. The group pools their coins in the same wallet, and use them to purchase a node. The rewards are then distributed based on the percentage of ownership.
And this is where services like stakecube.net come in. They provide access to shared masternodes, along with the ability to pool proof-of-stake coins.
So check out my video above where I give you a detailed run-down of what I think of this platform and the risks involved when choosing to use a service like this.
What I like about stakecube.net:
- Great community and active founders and developers in discord.
- A platform that is continually developing and growing.
- A decent range of masternodes on offer with new coins added frequently.
- Very simple to use.
- Lotteries, faucets and airdrops (free stuff is awesome)!
Of course there are risks:
- The shared masternode service could very easily vanish, taking all your coins with them.
- Investing in any cryptocurrency can be risky, so you have to be prepared to suffer a heavy loss, even if you perform all possible research and due diligence.
So, while I'm happy with my due diligence into stakecube.net, I encourage you to do your own checks. Make sure you are happy with this service before getting your toes wet.
Of course, it would be silly to not leave my referral link here. So, if you want to give this service a try, I would greatly appreciate it if you used my referral link when signing up to stakecube.net.
I'll be sure to reward anyone who uses my link.
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