Topic: Masternode Grading Sheet (Read 195 times)

Hey Rikybrosh I'd never refer to myself as an expert. I will add that coin this week. Thanks for the suggestion.

Thanks for your feedback

Thanks for this information you have put in some good background work to put this together. Running a Masternode is probably a project for me for later this year, as I have only briefly touched on the subject with friends so far. 

Are you and experts in cryptocurrency investment or economy field? If yes please add more coins. There is good Masternode coin which called XCPO which issued by Copico team. They are transparent.
Please share your origin, we can not just believe in people.

Checkout BiblePay, its a masternode coin, but not a clone coin, and it actually uses the governance!

BiblePay (BBP)
- 10% mined coins always go to Charity (already sponsoring 200+ Orphans monthly)  
- ASIC-Resistant like Vertcoin/Groestlcoin (CPU Mining Only)  
- fork of DASH (Masternode Governance, Proposals & Voting), 10% Monthly Budget for IT/PR/P2P
- Proof of BibleHash (POBh) algorithm, All Nodes are Full Nodes  

Launched July 23rd 2017, Market Cap $1-2 million
https://bitcointalksearch.org/topic/biblepay-10-to-orphan-charity-randomx-mining-sanctuaries-masternodes-2388064

New CPU Cancer Research Algorithm released,
rewards for contributing CPU cycles to science!

You bring up an interesting point about volatility. How does a volatility index for masternodes sound?

there is always a very important risk factor in all of these Masternodes which you can not even measure and you will never see in any of the masternode guides and that is the price volatility of the  coins. OP's table has Economic Grade which seems like it is taking it into consideration but not that much.
we all know that altcoins are pump and dumps and their dumps are usually pretty serious. investing in these coins and wishing for profit may prove pretty difficult when their dumps come and you start losing money because you can no longer cover the costs.

Yes I know I haven't covered all masternodes and not even they have every single coin covered. I'm starting with them as a base. I run a company on the side so I do not have a ton of time to work on this list. Going to continue tweaking it weekly.

Master nodes. Online have all this list of master nodes coin. There are many coins which are not in your list.
You have done a good job but there are still many things left to be updated

Jansaa,

I'm working with a few developers now to put this on a website and do it a lot bigger! Hoping the bitcoin talk community continues to support these efforts

This is a great idea but best for all member of masternode is a web to manage all masternode coin with more info

Amazing, from the explanation you give this is something very good to know masternode lovers community.

If masternode more and more interested then the possibility of the price to drop also less, as you agree?

So far I only know dash, zcoin, and mue which have program masternode. Apparently there are also many masternode programs that are present beside them.

I am still not very clear about the very thin difference between HYIP and masternode.

hopefully, there are members who can help to explain this.

Hey Coinadon,

I have a grading rubric on the sheet:

Masternodes Enabled:   Some coins rated do not currently have masternodes yet

Aggragate Grade   Compiles all grades together into a final score, will add weighted scores in the future (1-10 system)

Team Public:   Some teams are not public, lack of transparency will hurt your rating, 0 or +10 for this rating depending if you have public members listed on your site.

Team Grade:   If teams are rated we look at credentials to give a rating (this is my personal opinion and is a very hard number to quanitfy). I will use the judgements of my staff on how easy to use their software is.

Whitepaper Grade:   Is this a plagiarized/BS whitepaper? I.e. it is literally the same as everyone elses, are they doing something different? (1-10 scale, 1 is complete toiletpaper, 10 is an incredible groundbreaking project)

Utility Grade:    Can this coin be utilized for something besides being a masternode or is it just a dash fork?

Community Grade:   How many people are following on twitter, discord and telegram (1-10 scale, magic numbers 10,000 total between the three platforms)

Economic Grade:   Was this coin constructed with good supply and demand economics? Is there way too many coins out there or a restricted supply

Ease of Access Grade:   Is this listed on some random sketchy exchange or is it easily accessible by investors?

Maturity Grade:   How old is this node, is it brand new or has it been around to be tested? (1-10 scale, the more mature the better the rating, dash will hold a 10 because of it being the creator of masternode systems, 1 point for every month of existence 1 month < will = 0

ROI Grade:   How good is the return for the initial investment, can vary daily, (10 = 1,000% or higher, 9-6 = 100%+, 5-1 = 50-10<%)

High/Low Risk Scale   I've realized some masternodes are basically ponzis, so I inverted the rating to warn potential investors that coins who score low tend to be schemes, scams or just plain shit coins

* in the name =   I own this coin. Full disclosure/transparency

Where do you get every point you enter into your list? Maybe you can share a reference link to get a similar source of assessment like you.

But this is very helpful for investors who like to make masternode. And "maybe" can avoid a scam.

For the dumping aspect, it always appears to be a risk like this for all coin, I strongly agree with you recall the "existing risk." In order for potential investors to be more careful in regulating the allocation for investment...

Hey eventually I can do that but I feel like right now more transparency is needed in the MN sector of PoS coins. I would love to cover all PoS eventually but that will be a pretty large effort. Hopefully some individuals can join forces with me to do something like that. Thanks for the suggestion!

Why you did not add other Proof of stake coins?   What is difference between PoS coins and "masternodes coins"?

I'm staying away from the masternode hype.  There are too many in the market right now.

To assist with the transparency and DYR of masternode coins I formed a masternode grading sheet that takes into account several factors. Looking to add new coins weekly to the list. It also classifies high/medium and low risks. I had a scam coin list but I find that to be very accusatory. Please note if it is very high risk there is a high factor of dev dumping and abandoning the project.

Please let me know your thoughts on this list

https://docs.google.com/spreadsheets/d/1WKH9Uh0-kOEuGlESktOR-Gs6uOUPhA6eZzcQRYwrU-s/htmlview?usp=sharing&sle=true#