Ok folks, im gonna jump right into the thick of it. We have our #steemsilvergold Condominium (CDM) masternode. After crushing down some numbers, the plan has changed a little bit. The end goal is still the same but we are going to try and take a different path to get what we want. I assume we are all still cool with getting back lots of BTC/STEEM?
The Group Buy
Great turnout with 10 members jumping in, small enough to manage easily and big enough not be a failure :) So all in all, the community snapped up 97% of a masternode. I upped my buy to 13% from 10% to get us to the magic 50,000 CDM amount we needed to host own own masternode. Everyone involved paid very quickly through either STEEM, paypal are straight CDM transfer and i had all the coins in under 12 hours of releasing the payment post. I used cryptobridge as the exchange and as far as decentralized exchanges go, its not the worst. We are about to make some bank with this coin 
Small change in plan
After we had the 50,000 coin on the exchange, i opened up the CDM desktop wallet to get ready to start our masternode, while the wallet was syncing i opened a new stakinglabs account as we planned the funnel the masternode payments to stakinglabs for compounding into shared masternodes to get the best return. So the wallet was taking a while to sync and i got talking to one of the mods on the stakinglabs discord server. I was asking him if it were possible to set up a private masternode. His reply gave me a boner. He told me that there was an instant masternode ready to go and that it had been staking for 4 days already. When you start a brand new masternode, you need to wait around a 1 week before you get the first payout but this one was over half way there. I thought that i'll save me having to transfer CDM from the desktop wallet to stakinglabs every time we get a payment, plus we need to compound down hard to make sure we have the 100,000 CDM needed for when masternode conditions change on block 150k, in around 3 1/2 weeks. The charge to invest into CDM masternodes on stakinglabs is 3% so the total invested was 51,500. I borrowed the group 1500 to ensure we got the full node and i'll get it back with the first node payment, no biggie.
New Plan
- Use stakinglabs(My affiliate Link) shared masternodes to compound at every chance until we hit 100,000 coins
- Move back onto the masterplan
Here is what masternode payouts are looking like today
Keep in mind, this does not include compounding
