Topic: [ANN] SNODE.CO - Shared and Dedicated Masternodes as a Service - page 3. (Read 2168 times)

Hi, thanks for your interest in our service. We completely agree with you reliability is the most important factor in this business. With more than 20 MNs up and running at snode for variety of coins, we are trying to provide a fully automated and transparent service for our users. In next phase of project, more cool features will roll out to improve user experience and build up trust between users and our services. In the mean time, we are adding more and more coins for the system.

Stay tuned for update!

It looks like a nice service. But reliability is very important.

Joined this service - looks promising. Also sent some Argo coins for a test, everything working fine. Collateral for masternode is not collected yet, but we have a good progress.

Hello

Thank you for being interested in our service. That's very good question indeed. Trust has to be earned from both our service and our investors. Our commitment is having the service running as long as there are still investors putting their coin in our service. Even in the case that there is no investment from our user, it costs us almost nothing to maintain the service. So there is no reason for us to stop the project.

In the second phase of this project, we will have an insurance service running on smart contract to ensure that every coin user put in will have a backing collateral in the blockchain. Of course, that would take a little fee from users if they choose to have the insurance for their investment, but the investors can rest assured that they will not lose their coin.

Feel free to let us know if you have any concern, and stay tuned for the update!

Good project! But what does the project do to ensure that investments will be returned to members upon expiration or to stop the project?
Thanks

Want to reserve for Russian Translation, here's my details :

Portfolio: https://docs.google.com/spreadsheets/d/1Aoa6zXqX1Lihrn2PNZu667_RcxjhXuJDEj5lUxsTIn8
USERNAME : nev1d
Bitcointalk Profile: https://bitcointalksearch.org/user/nev1d-1933467
LANGUAGE : Russian
ETH: 0x481DF1F28D3F41253A5EF7fEA74531c6C2eA19d3
Telegram: @nev1d
Mail: [email protected]

Want to translate: All

- Referral bonus: after lot of promises, referral bonus has come in town. When you refer a friend to use our system, we will give you a referral commission bonus of 20% of the fee we collect from their reward. This is a significant amount you can make with us, considering the rewards will be collected daily. To prevent sending dust, we limit the lower amount of  bonus withdrawal to 1: you can withdraw when your amount of bonus is greater than 1.

SNODE.CO is a service that provide shared and dedicated masternode solution. Instead of holding your coin until it reaches a higher price, putting your money into a masternode is an efficient solution to make use of your resources. Furthermore, parallel with blockchain, masternode is definitely the future of cryptocurrency.


FAQ

What is a masternode?

Masternodes are dedicated servers on the internet that enable instant transactions and perform the trustless anonymization of users' funds. They usually get the majority of the rewards per block for this task.

Masternodes are essentially addresses with a lot of coins in them that are not moved for extended periods of time. They help in securing the whole network and help stabilize the price of the coin somewhat, by taking large number of coins out of circulation.


What is a shared masternode?

A: To make a masternode, it takes a lot of coins that are worth a lot of money, and not everyone can afford it. Others don’t want to deposit sufficient funds into just one coin (they’d rather spread their investment across multiple coins). To get around this, people come together and pool their coins, with each taking part of the reward. This is known as a shared masternode or shared community masternode.


How does your shared masternode work?

The total number of coins needed for a masternode is divided equally into a certain number of shares, and people can essentially buy those shares to take part in a masternode. A person can buy all shares and get a dedicated masternode for himself.

When all the shares are filled, the masternode is started.

The masternode will be start automatically as soon ass all the shares are filled. And the rewards gained by the masternode will be sent to shareholders daily/weekly (depends on reward interval of the masternode).

If a shareholder asks for a withdrawal by following the withdrawal rules, then their coins are returned to them and a new person is recruited to take their seat. If the search for a new person proves unsuccessful, then the masternode will be dismantled and every seat holder will receive their coins back.

SNODE takes deposit and reward fees for its efforts for starting, securing and running the masternode for the pre-specified period of time.

More questions? please visit our FAQ page: https://snode.co/faq



Terms of service

Please take a look at our terms of service at https://snode.co/terms-of-service



Features

- Masternode coins overview Snode provides user with an overview of coins that support masternodes, and their detail profit breakdown.

- Reserving a share Users can reserve as many shares as they wish. When a masternode is filled up all shares, Snode will active that masternode and start sending rewards to its shareholders periodically.

- Cancelling a share Snode allows user to cancel their share with a notice of 72 hours in advance. We use that time to find a replacement for that slot.

- Polling Snode allows it user to vote for next coin to be supported, via official Discord channels.

- Referral Program User earn credits when they refer new user to the system. The usage of credits will be announce in second stage.

- And many more is coming


Supported Coins
- ARGO https://bitcointalksearch.org/topic/ann-argo-masternodes-skein-pow-microtransaction-zerocoin-protocol-2834315
- QBIC https://bitcointalksearch.org/topic/ann-qbic-qbic-masternodes-pow-secure-asic-resistance-2737347
- SAGA https://bitcointalksearch.org/topic/annsagacryptopiano-icomasternode-90-sagacoin-pow-pos-2518157
- POLIS https://bitcointalksearch.org/topic/ann-polis-airdrop-governance-decentralized-2627897
- STIPEND https://bitcointalksearch.org/topic/old-annspdbountieson-posmasternode-stipend-the-freelancers-currency-2918634
- APOLLON https://bitcointalksearch.org/topic/ann-powpos-masternode-coin-apollon-coin-xap-3058895
- MRJA https://bitcointalksearch.org/topic/annganjacoinmasternodesscryptofficial-exchangerlbacked-2144531


- And many more is coming




Making profit with us

SNODE.CO helps you take advantage of your cryptocurrency resources to earn rewards and interest with simple steps

• Select the potential coin (high interest with the possibility of the price rising in the future)
• Deposit the coin into your masternode wallet (provided by our service)
• Receive interest and rewards daily or weekly

Links

Website: https://snode.co
Service: https://app.snode.co
Twitter: https://twitter.com/snode_co
Discord: https://discord.gg/UJc5T5H
Facebook: https://fb.me/snodeco