Post
Topic
Board Speculation (Altcoins)
Re: Blocknet - Polo, Kraken, Bitfinex killer
by
FoldingMoney
on 15/12/2017, 22:49:31 UTC
this is a speculation forum for speculators and investors.  so i'll offer up some information relevant to you guys. and to disclose: i obviously own blocknet myself. its very foolish not to be diversified, but i found myself over the last 9 months deciding where to place my bets and scanning the space, which i was doing for 80-100 hours a week, i kept coming back to blocknet as the project that made most sense.

i dont particularly care for the title of this thread, but there's a bunch of information up there ^^^ that's useful so its not worth starting a new one. to add to the above from the top of my head in no particular order :

- owning a blocknet masternode (known as a service node, requiring 5000 block) means you receive fees for all trades that transact over blocknet dex

- Blocknet is PoS, and staking rewards for any number of holdings are frequent and give an ROI in region of 13% last time i checked.

- blocknet is a protocol.  it can be used as the backend of any dex that may want to use it, and is being integrated on other exchanges, accruing trade fees for block holders.

- to begin with, blocknet will have access to bitfinex's orderbook through ethfinex, meaning instant liquidity for users of Blocknet DX