Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [PoS/MN] Gentarium (GTM) | Masternode hosting platform | Shared MN service
by
vella85
on 30/09/2019, 07:20:31 UTC
https://dextro.io/page/home
On this site you can connect masternode coins GTM for $1 per month.

Yes there are many new masternode hosting platforms popping up now days and all are very cheap to host masternodes however you need to ask the question on whether the site is safe and trustworthy because they could be a scam just to make some quick money. Gentarium is now one of the longest running masternode platforms and that is why I continue to stick with them even though they are a little more expensive to host a masternode.
If a masternode brings less than $ 3 a month, then why not use a cheaper hosting? I also began to use Dextro hosting and masternodes bring rewards on time. When it will be profitable to place the masternode on the hosting of GTM coins, then I will return to them. In the meantime, on Dextro.
With a GTM coin, the number of masternodes of both its own and on the hosting decreases every day. And this reduces the value of the GTM coin. Bad, but it is a fact. And when the GTM coin will increase in price it is already not clear how the number of masternode solos on the coin hosting decreases. And that means that payment in the GTM coin drops. Fewer people buy a coin to pay.
Dextro hosting helps keep the masternode of GTM coins and make a small profit.

EXACTLY

The GTM coin is obviously a utility coin based on the hosting platform.

If it's cheaper to host the GTM masternode elsewhere what exactly is the point of the coin and where will it get it's future value?

That is what the team are working on, a new platform of some sorts that will most likely have a use case for GTM coins. The market is in a bad way right now so its not just GTM feeling the pinch. I just hope that this new platform will help GTM price recover in the near future.