Thoughts on Stakenet? Masternode based DEX and Multi Currency Wallet

Quote from: shinratensei_ on July 25, 2019, 02:48:53 AM

I have nothing to say about that even dex with billion volumes on its centralized exchange site can only bring no more than 12 million daily trade volumes for its DEX. Stakenet is not a popular coin and 50x will be impossible to be true.

So your argument is that it's not a "popular coin" and therefor it cannot reach a price 50x it's current trading value? That's just dumb logic dude. 50x it's current value puts the project at a 500 mio. marketcap, which is FAR from unrealistic for this project.

They partnered up with LTC, to help them with Lightning implementation on mainnet, besides that Stakenet is the third project worldwide to implement Lightning on mainnet.
Source:
https://litecoin-foundation.org/lightning-network-collaboration-with-x-9-developers/

They hired former Executive Director for JPMorgan and Managing Director at Bear Sterns - Frank Amato to help them build their lightning DEX with his many years of experience with trading plaforms.
Source: https://block5.io/news-posts/frank-amato-former-executive-director-for-jpmorgan-and-block5-io-co-founder-joins-the-stakenet-xsn-team/

Stakenet invented Cold Staking (Trustless Proof Of Stake), and is the first POS/MN project to implement Segwit, Atomic Swaps, and Lightning to mainnet.

They've got their own cloud staking service, Masternode as a service, and masternode monitoring service, which are all paid for in XSN.

Their Multi Currency Lightning Wallet (Stakenet Wallet) is in beta testing right now - First wallet in the world with lightning swaps literally available with a push of a button. Stakenet enhances every coin it collaborates with, including BTC and LTC - In other words, they don't try to work against other alts, but WITH them, which is a strong signal to me, that they are trying to change crypto as it is, for the better.

In fact, I believe 50x for this coin is being a bit too conservative, I'm WAY more bullish on this coin. I'd say 100x is easily achievable within a few years, considering that their Lightning DEX will run on masternodes. This is genius as nobody has to sync with the network to use it. Don't need to submit any KYC, or need to register anywhere.
Lightning allows for near instant transactions with close to 0 fees - Beats most centralized exchanges.
Once more and more coins migrate to lightning, and is supported by the Stakenet DEX, it will become the literal standard for most people to use it, as it's the cheaper alternative, AND you get to keep your personal info for yourself.

Decentralized exchanges is the future, this project is a great vehicle to CASH IN on exactly that, as masternodes are paid to run the whole thing.

Don't be the guy digging for gold - Be the guy selling the showels.

Topic: Thoughts on Stakenet? Masternode based DEX and Multi Currency Wallet (Read 260 times)