I wish you all the best with your project.
How I can run a Node?
Download the wallet and keep it open. Essentially you would be running a node at this point. The dev hasnt mentioned any masternodes yet. It would be sick if he could implement this feature. Lets see what the future holds. *Fingers Crossed
Masternodes are nothing more then servers that are running a client 24 hrs a day and who can prove to the network that they own the threshold coins on a certain wallet address (public address)
As long as the masternodes can proof that and are constantly online, they are considered a masternode to the network. The masternodes can be hosted through VPS providers or through owned Raspberry Pi's.
The coin is considered collateral, is under people's own control and stored on a cold wallet (the hot wallet doesnt contain any coins, it just provides a link to the Masternode).
The owner is free to move his collateral of his coins at any time to sell it on exchanges or to move it to other addresses, but then the network will consider that masternode as no longer active and will not provide any more payments, it will eventually drop off the masternode list.
well you're doing that anyways by keeping your coins and wallet online for 24/7. The only difference is that if you get extra staking % or coins by being a masternode. I'm not looking to go that route. It just means more centralization.
For those who cannot stake 24/7, there is a PoS pool listed to have your coins stake there.