OmegaNode
The Dynamic Tokenized Index Fund on Masternodes
OmegaNode.io
In short
We buy, setup and manage various blockchain masternodes for investors who don't have the time, the technical skills or sufficient collateral to do it themselves or who are just looking for an easy way to passively diversify their portfolio in cryptocurrencies and benefit from the rewards of the masternode technology.
How are masternodes useful to investors?
Investors are incentivized with rewards for running a masternode. The system is really close to classical mining for other cryptocurrencies (the new coins are created through time), but there is no competition on who has the highest computing power, every owner of a masternode has the same dedicated power on the blockchain, which makes the process less energy consuming.
All masternode coins have different rewards systems inducing different expected returns on investments. The team and the project behind the coin will greatly impact the value and the rewards of the masternode.
In a way, masternodes are today what mining was few years ago.
It's a great way to generate
passive income.
Current barriers for investors
The main incentive for running a masternode is the supposed stable and passive income it generates, however, it's not entirely passive and
there are a few barriers for any investor.
- Setting up a masternode requires few technical skills and dedicated time in order to set up and manage the servers or update the wallets
- For each masternode, there is a minimum capital requirement, the collateral
- There are a lot of masternode coins and there is no simple way to invest in all of them
- Due to the current volatility on altcoins, the market risk when investing on a specific coin is important
- Some masternode coins generate rewards at a fast rate, creating hyper inflation and driving the price down
- An investor has to constantly reinvest the generated rewards to not suffer opportunity cost and maximize the return on investment
The OmegaNode Index solutions
With the funds risen with the sale of the OMGN token, our team selects, sets up and maintains masternodes with the objective of generating the best return on investment for our investors. All the rewards generated for maintaining networks nodes are reinvested into the fund to increase its market value, making the price of the OMGN token, as an index of the fund, grow overtime.
By investing in the fund via the OMGN token, an investor with limited time or technical knowledge gets a unique opportunity to benefit from the masternode technology by sharing a part of the rewards on the best masternodes on the market while diversifying its risks, without the collateral requirements, nor going through the steps of setting up or managing servers and wallets.
Specifities
As a tokenized index, the OmegaNode fund relies on the OMGN token to represent its market capitalization and performance. The Net Asset Value (NAV) is the fair price for the OMGN token. It’s computed at any time by dividing the total value of the fund by the circulating supply of OMGN token.
Our team is providing the necessary liquidity for the token. Depending on whether investors want to enter or leave the fund, we sell or buy back the token to keep its value is as close as possible to the fairest price at any time.
Not a single satoshi from the initial investment of our investors must be used for anything else than setting up masternodes and collecting rewards. This is why 100% of the tokens are distributed to buyers and will not be used for funding of the team, Advisors, “Bounty” campaigns, listing fees or server costs. Instead, we take a fixed daily fee of 0.1% on the fund’s value, to cover any expense, which gives us the incentive to grow the value of the fund instead of spending our early investors’ funds.
What's next?
Our next step is to list the token on an exchange, allowing anyone to enter and exit the fund easily. In the meantime, it's still possible to enter or leave the fund using the online form.
Once the fund has gained a considerable size, we will start the administrative processes to comply with the regulations. The aim being to attract new fiat investors from outside of the crypto sphere as part of a regulated investment fund.
How to invest?
As of today, you can buy the token through the purchase form. We plan to list on an exchange as soon as the fund is generating enough benefits to pay the listing fees without impacting the value of the token. The return on investment of our investors is our first priority. If you wish to leave the fund before the listing occurs, we will provide you with a sale form for you to sell us back your token at the Net Asset Value.
Useful links
Bounties
Discord invite bounty: 1000 OMGN tokens proportionally shared between the five persons with the greatest number of invites. You can check your current invite count in the #invite-leaderboard channel of our official
Discord.
More bounty programs to come.
You can make suggestions on future bounty programs.
