Using Masternodes to Fund a New Cryptocurrency: Good or Bad?

Using Masternodes to Fund a New Cryptocurrency: Good or Bad?
More and more crytocurrencies are using masternodes as a way to fund their project. The problem is that they are asking for a lot of money before they have reached any milestones in the project.

What’s your view on this?

Related Videos:

My Thoughts on Masternodes – https://www.youtube.com/watch?v=QanY8RMZLtg

Are Shared Masternodes Safe or Risky? – https://www.youtube.com/watch?v=IrjMUUnrZfs

Be sure to leave a comment below and give your opinion on this topic.

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Kevin

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Using Masternodes to Fund a New Cryptocurrency: Good or Bad?

5 thoughts on “Using Masternodes to Fund a New Cryptocurrency: Good or Bad?”

  1. i was just telling someone else the same thing earlier today. That is one of the reasons i like Veritaseum, Reggie Middleton. check him out.

  2. Fantastic, Fantastic video. Thank you. I'm very into masternodes and I also am mining. I sugest you have a look at Akroma, well everyone should have a look at Akroma. Great project, low difficulty at the moment and the masternodes are giving good profit. But more important, the Devs are very active and they are now planing on creating an exange on top of Akroma's network.

  3. Scam coins or not, all you have to do is look at how many have had significant drops in value to know how risky some are. You can see them with 400+% return that don’t even cover the hosting costs. You really want to have done your research and believe in the coin if investing in nodes.

  4. That place looks way more relaxing then the mining room ha ha. Hope the rigs behave while your out. I have see some shady stuff going down with master nodes recently and agree 100% with you. Why should the risk be 100% on the miner/ investors?

  5. Agree with you 100% … If you thinking to get a masternode you really need to check it up, just too many scams going around these days. That said, there are really good and promising masternodes to get out there 🙂

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