p.s. i'm only one here who thought that masternode will need much less than .... such extremely high amount of coins ?
10M colx is about 0.5 btc and that is actually very cheap for a masternode.
As a comparison, a PIVX masternode is about 7.5 BTC and its ROI only about 5% (see
https://masternodes.pro/).
0.5 btc is NOT cheap. thats fact.
year ago pivx masternode was only under 40$.... when coin was 0.003739 USD per coin (10000 for masternode)... check marketcap.
You can't compare prices of one year ago with those of today. I guess you didn't buy a PIVX masternode a year ago, and no one forces you to buy a COLX masternode today. Also if you want to, you can still buy cheap masternodes, like Arcticcoin for $59.12.
I do agree with you that COLX masternodes should be cheaper, but for a different reason: at the current price, the max amount of masternodes is limited to about 1000 at which point 83% of all coins would be locked in masternodes. It would be better for decentralization if there could be more masternodes.
In the end, it's not the masternode price that counts, but the Return On Investment (ROI) you'll get. At 600 masternodes (=50% of all coins locked) the ROI would be 6.2% and for 1000 masternodes it would be only 3.7%/year. That could be improved IMO, but reducing masternode price would not help.
- The masternode price has no impact on ROI because for e.g. 1/2 the price, you would get 1/2 rewards = same ROI.
- The block rewards and block time DO have a big impact on the ROI though. By doubling the rewards, or by reducing the block time from 120 to 60 seconds, ROI would double. So would coin inflation of course, but that's quite low for colx: only 1.2M a year on 12000M coins.
On the positive side: this coin has a 5% development budget which at current price (7 sat) is about 10000$/year. It think if COLX can implement a way to submit proposals and have masternodes vote on them, that would be good for the future of this coin.