Shared Masternode Services And Their Relevance In The Masternode Cryptospace
For those that are familiar with the cryptosphere and the money-making opportunities that abound therein, you must have heard of Masternodes, proof of stake supported system that serves as a viable investment alternative to owning cryptocurrency mining rigs that operate based on proof of work. Whichever way investors choose to harness the profits in the cryptosphere, a reasonable amount of money must be invested. Running Masternodes is generally less expensive as compared to Mining rigs but it still comes with costs which can be made bearable through shared Masternode services.
Shared Masternode services have in the course of time proven to be a big relief and encouragement for small investors as you would not have to bear the costs associated with the collateral which is an essential part of the Masternode. The defined collateral which is a minimum of 1000 coins of the particular cryptocurrency is among a team of investors, thus affording each individual the opportunity to enjoy the benefits associated with Masternodes.
There are several platforms that offer shared Masternode services, few amongst them include but not limited to;
Stack Of Stake
This is a popular Masternode service provider that supports 16 coins with 432 live Masternodes as of the time of writing this article. Stack of stake has 1388 active users and has paid over $28,360 (8.33144735BTC). To share Masternode with Stack of stake, register with them and verify your email, decide on the coin you want to invest in, deposit your coins and start maximizing your profits.
This is a Masternode service provider whose goal is to make Masternode participation as easy and as profitable as possible. They currently support 85 coins with 1835 active members who actively participate in a vibrant community forum. Cryptohashtank prides themselves in their responsive support system. The service charge is just 4% of payouts. With cryptohashtank, you can participate in any active Masternode with as little as 1 coin with varying periods for return on invest. Check out this platform and make a good use of what they have to offer.
This is a fully managed Masternode service provider with flexible terms offering return on investment ROI up to 3000%. They have dedicated servers and their service charge is 5%. SNODE has a referral bonus of $20. SNODE has a Masternode collateral of 10,000 SND and gives a block reward of 100 SND.
MyNode.rocks is relatively ‘new' in the crypto market sphere, it provides a very transparent and automated system. All of our users can track and monitor the rewards for each of the Masternode and get rewards paid out instantaneously, not weekly or every few days. Mynode.rocks works by equally dividing the total number of coins needed for a Masternode into a certain number of seats and people can essentially buy those seats to take part in a Masternode for as low as a tenth of the total coins needed for a solo Masternode. The newness of mynode.rocks bring with its simplicity and unique innovations that are worth exploring.
Shared Masternodes provides innovative investment opportunities but it begs the question of how safe funds are with various shared Masternode providers, this question is valid but investment generally comes with adequate research and decision making backed by proven success stories. The relevance of shared Masternode service in the cryptosphere highlights the new advent of making passive income by enjoining crypto investment inclusiveness.