Lots of POS coins with masternodes out there with no value in code or distribution.
Some of them even have increasing distribution and block-reward over time, and "ROI" as main feature (what ever that means as feature) and still have volume on exchanges.

If you are developer and wanna start a project come to brainstorming on telegram t.me/@brainmasternodes

We can teamup create better POS/POW/Masternode coin with focus on massaddoption.