Why investing in nodes is a great idea in a bear market. Because they work in any market and if you look at a few charts you will even see that they are not correlated at all and when the price of BTC was falling for the last few months coins like GIN were not affected or just partly but then recovered to a new ATH.
Masternodes offers you a compound interest, it's like investing in real estate but in crypto. That's why I love it because as a person full time in crypto I have no ,,salary". But thanks to projects like HALO and other master nodes I actually do have a ,,salary". Which is in this case a predictable stream of in come that I can project into the future.
What is HALO?
Halo has a vision of expanding the nature of cryptocurrency with a constantly evolving platform that grows with the needs of the user's. This serves the people, and derives its value from the respective success of each user on it’s platform.
Each individual in the Halo Platform represents a new link in the ecosystem, creating strength and value within a safe platform and utility. The side effect of helping them with their own growth and promoting their own self-interest, is that it in turns creates additional value to and growth from using the Halo Platform.
The security and cloud load balancing will also bring a new, refreshing aspect to traders and investors. The Halo Platform will be orchestrated by top-tier cloud consultants who are leaders in their field, empowering everyone with solid trading capabilities.
The Halo Marketplace and Business Tools features add a smart and empowering dimension to the crypto ecosystem. The Halo Token Hub additionally will allow users to create their own tokens in a safe, secure, and consensus-driven environment for quality assurance.
The Halo Platform will also utilize a Zero-Transaction-Fee protocol so that when a user sends 1 HALO, the other party gets 1 HALO, period. The better the Halo Platform is built, the more it empowers the everyday user and the longer it will be around to serve the needs of the community.
+ HALO GAMES STUDIO
Block and Chain Game Studios is the first company holistically dedicated to building blockchain enabled games. Our aim is to introduce our players to the Halo Platform ecosystem in a way that is fun and familiar. We also add value to existing Halo Platform supporters by giving them another means of using, earning and exchanging cryptocurrency.
Read more here:
How do you get HALO?
They only way to buy HALO coins and setup your node is to go to otc-market in HALO discord and find a seller:
Until listed on an exchange on which the team is actively working.
Simple chat search shows that there are almost 2.5x more BUY than SELL offers and that's perfectly matching the current price of $25 per token which is.. also 2.5x from the ICO price which was $10. How market perfectly reflects the supply and demand.
Because of the buyers pressure I'm seeing less and less people keen on selling for $25.
How to buy HALO?
When you find a seller on Discord you need to ask Halo-Scott#0001 to do escrow for your transaction. He's the CEO and founder of HALO. I can recommend him because I did a $25k transaction when I was buying my T2 node.
T1 masternode is $12.5k but if this is too expensive you can pool with others for shared masternode. That way you can invest as little as 10 coins.
This table shows how many coins will you get accordingly to your node tier:
Here you can check current profitability:
The more master nodes are running the less coins you are getting because the reward is getting shared with more people.
Currently a T2 masternode will give you around 11.5 HALO per day which is worth 230 USD, that's 6900 USD monthly. You will need roughly 3 months to break even and buy a second node. Of course at any given moment of time you can ask them to deactivate your node and sell your coins to another user at a rate of around $25 per HALO.
Setting up a HALO node
This is the best part of HALO system because you can host the node open their platform! You don't need a VPS and any tech knowledge, it will cost you $20 a month but that will be automatically deducted so you don't even have to bother with paying! So convenient.
But first you need to install HALO Featherlite wallet:
Then do a backup of your new wallet:
- Go to settings
- Click 3 dots next to your address
- Choose: Click to export this account
- Setup a password and save safely your wallet file.
Now you have a wallet, backup and hopefully you already have your HALO coins after a successful OTC trade.
You need to unblock your address by clicking a padlock:
This is the address where your coins will be stored and it needs to be unlocked so you can setup a node.
Now go to Masternode tab and click the blue circle on the right.
ADD CONTRACT -> Provision New -> Private -> Name it -> select tier -> cloud hosted - ACCEPT
You are set!
Now give it up to 12 hours to be properly launched.
It should look like this:
And when you click manage:
Now you can just reap rewards! My T2 node is paying me around $230 per day:
Few facts about HALO:
- ICO was in 2017
- price per token $10
- current OTC price $25
- 3x more OTC buy offers
- only 1.1m coins in circulation and 90% lockedup in nodes
- in 5 years the coin supply will be about 20 million with max supply of about 41 million.
- current market cap stands at only $25m
- block speeds are faster then eos
- when team finishes up CEX and then DEX your nodes will be getting extra income from fees!
- the rewards are paid out anytime between 8-24 hours from the last payout, his is done to prevent people from manipulating they system so the time is randomized each time
- pending addition to masternodes.onlnie: https://masternodes.online/new-masternode-coins/ which will give us an exponential exposure
HALO is a hidden gem, nobody talks about it yet on Twitter and other media. No shill yet. Well this is the first shill. But it already has a strong Discord community of over 1700 people.
I was thinking how we could possibly lose money on this and I couldn't ding anything. There is a lot of liquidity in the OTC market. 2.5x more buyers and sellers. It's not yet listed on any exchange. It has no shill yet the team is really serious and they are developing a strong platform with many services that are going to let us profit even more from fees. They are delivering their promises and already implemented many features.
I personally own a T2 node and will buy more after liquidating some of ICOs.