The price of a CatoCoin Masternodes is nearly $8,000 USD due to the organic price rise from our introduction of 'NextGen Technology'
We understand for some that's a hefty investment, so today we're announcing The CatoCoin Shared Masternode Service which will begin on Saturday 7/11/18
You may reserve your spot on our Discord Channel in the shared-masternodes section. To sweeten the pie, each shared master node will also benefit from 1,000 staking coins added to the collateral for increased ROI.
Please see the details below - thank you.
Shared Masternode Announcement
Here at Catocoin we don't do anything by the book. Basically there is no way to offer a FAIR shared MN Service. It's impossible due to the fluctuating price of coins (In our case the constantly rising price of coins). We've gotten at least a half a dozen proposals from Shared MN services and we have not liked a single one.
All of them want US to put THEM in business by giving them OUR coins - yea right... not gonna happen! Many of them take as much as 30% - that's nuts..20% is reasonable to us.
So we are starting our own shared MN service with some of the pre-mined coins which are currently sitting idle in Cold Storage
This is how it will work;
The Shared MN will be started with 2,400 coins - the current required collateral.
1. You can buy-in up to 2,400 coins at the CURRENT ASKING PRICE ON CB. You do not need to buy from CB, you can buy from us at the current asking price.
2. Minimum buy-in price is $500 USD at the BTC Conversion rate set by Coinbase.com
3. There will ONLY be weekly payouts - no sooner (Saturday or Sunday we will decide).
4. You can ONLY Cash-out at the end of the week. No mid week Cash outs. A Cash out is your % of earnings for the week plus your buy-in number of coins - minus 20%. Example: if you bought in for 600 coins (25% of 2,400 collateral) you'll get 600 coins back plus your earnings for the week - minus 20% of your earnings. You'll always get your original number of coins back.
5. We do not and will not reinvest your coins - there is no 'let it ride' option. If you want to stake your weekly earnings put them in your wallet and let them stake there.
6. Once we have sold all 2,400 coins we may or may not offer a 2nd shared node at the "then required collateral".
7. You will be given the address of the Masternode wallet so you can see how many coins are in the wallet at any time to calculate your % of earnings based on your % of ownership which will be disclosed to you at the time of purchase. If we are getting close to the required collateral, we MAY LIMIT your % of ownership.
8. You may only buy in once per week and your buy-in starts on the payout day. We will not accept mid-week buy-ins to keep the accounting simple.
9. Because we are nice people we are going to start the shared MN with and additional 1,000 coins to get you some stake coins.
10. The number of coins you earn weekly is based on your % of ownership and is calculated as follows: (Wallet-Balance - (2,400 + 1,000) * your % of ownership) -20% of the weekly profit.
11. We take 20% of all earnings - 10% for our server costs and 10% for the person who will run, monitor & manage the Masternode and do the weekly distributions.
We have reviewed about half a dozen Shared Master Nodes agreements and we think ours is better than all of them PLUS we throw in staking coins which none of them do and there's no change of us running off with your coins, because we don't need them. We just want to give more people the opportunity to share in the rise of CatoCoin.
====> IF YOUR ARE GOING TO RESERVE, PLEASE SPECIFY # OF COINS - THIS WILL GIVE US AN IDEA OF HOW MANY MASTERNODES WE NEED, NOT HERE ON DISCORD PLEASE
First Masternode goes live in Saturday July 14, 2018
Join us on discord: https://discord.gg/CtpmYtG
I wish that CatoCoin team will launch one-click masternode service in CatoCoin platform someday to compete with GINcoin and Masternode Foundation. Anyway, shared-masternode service is a good movement. Congratulations!
So nice this values, how cool is that? Amazing,really amazing, i already waiting for this.
What a crazy buy demands in Crypto Bridge! I can not believe there are thousands of coins put in buy orders. Anyway, congratulations LPC team for a sucessful project.
From now, someone who are not familiar with traditional masternode-set-up-steps can start enjoying comfortability of GINcoin platform and earn passive incomes from LPC masternode operations.
Coinmarketcap appearance (if occur) will lift the Light Pay Coin price to new higher position. It can hit new all time high, this time, might be at 300k satoshi.
300k satoshi for one LPC, unbelievable high price for such very young coin. Honestly, I bought at 15k satoshi, and sold all my coins at 60k satoshi.
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Topic
BoardAnnouncements (Altcoins)
Re: [ANN] Quadrant Protocol - A blueprint for mapping decentralized data
Quadrant serves as a blueprint that provides an organized system for decentralized data utilization. its benefits Quadrant stamps for authenticity, allowing data buyers to track and have proof of who made the data.
Blueprint? How to keep and make sure that blueprints can be safe at different locations in the Quadrant network? This is very important point, and one of hardest task for Quadrant team to solve.
Callisto Network Discord channel looks very active. People in the Discord channel help each other to solve issues. The team have been actively, to discuss, help, and spread the project's plans out.
Airdrop Participants Can Now View Their LXT Balance in the LEXIT Dashboard
Those who participated in our airdrop back in February can now view their outstanding LXT balance on their dashboard. All you have to do is sign up and open a LEXIT account with the same email used in the airdrop campaign. Those who take part will receive their LXT after our public sale ends and tokens will be available for withdrawal within three weeks from then.
In addition, please note that the number of people who signed up for the community airdrop is higher than the LXT allocated. This means that LXT will be delivered on a first come first served basis with only the first 20,000 airdroppers receiving tokens.
Finally we would like to give a massive thanks to all of the community who chose to get involved in our airdropping of 1.6 million LXT and hope that we can count on your continued support!
Join us on Telegram and please check out our content on YouTube! You can also find us here on Twitter.
Has the bounty, including airdrop been still joinable for newcomers? Where is link to apply for joining Lexit signature company?
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][ZEN] ZenCash: Private, Secure, Resilient CryptoCurrency with zk-SNARKs
ZEN is far above and beyond what ZEC will EVER be. PERIOD.
I'm not going to bother providing examples as to how ZEN will lay the ground work for many coins to aspire to. Do your own damn homework without bias.
Secure nodes, Service nodes, and more better ways to fight against replay attacks are what ZENcash has, but ZEC has not. ZenCash has also shown promising plans to make its network really private and decentralized.
A modern prospective project, with a profitable bonus program. Convenient navigation on the site, everything is accessible and understandable. I hope for the active development of the ZICHAIN project. I see great prospects for the project, the guys try every day to improve the working conditions and their proposals.The important things in the telegrams of the channel are explained in a quick and simple language.
Zichain has strong, proficient team. Therefore, I have a good feeling that ZICHAIN can go further away in the next few months. For now, I will hold my tokens and wait patiently for months.
This is really a very potential altcoin. Not long ago it was listed on the Binance Exchange. It was an incredible success for Ethos and I would continue to support Ethos by investing in it and holding on to it in the long run.
It is likely that you are right! but I have a small question, how Ethos can build up or develop sort of Universal wallet? It's great ideas but hardly to reach.