Crypto investors are always looking for the next big ICO, hoping to find the ONE that will make them the next crypto millionaire, or, better yet, billionaire. This dream is becoming a reality for an increasing number of people but it still requires a bit of luck. Still, it's not all about luck, of course. Foresight and smart investing are important ingredients to this recipe for success. Honing in on a good cryptocurrency is only the beginning. Once you find a promising crypto, you must figure out a strategy to maximize your investment.
So, how do you maximize your investment? Well, for investors with enough capital, one of the best ways to maximize ROIs is to purchase a masternode to stake your coins.
What is a Masternode?
A masternode is a server on a decentralized network that consists of a masternode operator (i.e. a human being), masternode rewards, and collateral, the mandatory initial investment. Both Proof of Stake (POS) and Proof of Work (POW) projects may utilize masternodes.
In case you aren't familiar with masternodes, you could relate them to certificate of deposits (CDs) in the world of traditional investing. You earn financial rewards over time by holding your coins inside the masternode(s). Like CDs, masternodes also pose the age-old question of 'Why let your money just sit in a bank account or digital wallet when your money can work harder for you?' They let you earn money while you sleep. It's a smart way to invest, and it's fairly simple to do.
Slate Masternodes
Want to earn Slate (SLX) and be a part of the disruption of the entertainment industry? Slate aims to decentralize video streaming via Blockchain Video on Demand (BVOD) and is offering big rewards for operating Slate masternodes.
So, what is a Slate Masternode?
Slate Masternodes form the second layer of the SLATE blockchain. The first layer — the core of the network — validates all the transactions to keep SLATE cryptocurrency secure. The masternode network powers Slate Entertainment Group’s two businesses being built on the blockchain:
● SLATIX ticketing management service
● Binge streaming video platform
Masternodes get real pay because they do real work. The blockchain essentially hires your computing power and storage space to power services for SLATIX and Binge customers.
3 Reasons to buy a SLATE Masternode
1. Earn continuous income from SLATE Masternodes
Masternodes earn SLATE even while you sleep.
2. BE the Future of Entertainment
You can use Netflix, but you can never be Netflix. SLATE is different because it’s decentralized. The masternode Network is the backbone that supports the Binge platform. Masternodes store and deliver streaming video on demand to BINGE users.
When you operate a masternode, you are actually making Binge run because you are contributing power. You are powering the underlying technology that makes Binge the Future of Entertainment.
3. Maximize your SLX income from the start
The sooner you buy your masternode, the sooner you'll start earning rewards and the more SLX you can earn. With fewer masternodes on the network, you’ll compete for a larger percentage of the block rewards.
During the Token Sale, the SLX price goes up every four days. The earlier you get in, the better the price. Buying now also gives you the security of a predictable price. If you want to get a masternode, and you can afford to buy one now, you might want to avoid the uncertainty of the post-sale market. The SLX Token Sale offers predictable supply at a price you know in advance.
Masternodes made easy
Binge is decentralized, so anyone can contribute computing power to improve the SLATE network and get paid rewards for storing and delivering streaming video. Here’s how it works:
● Acquire 350,000 SLX tokens (collateral, held in escrow, required to operate a masternode).
● Download the SLATE wallet and activate an SLX masternode.
○ Run your own virtual private server (VPS) (requires moderate technical
knowledge), or
○ Hire third party hosting to manage the technical parts (requires no specialized knowledge).
● The masternode connects to all the other nodes, processing transactions and helping to secure the network.
● When Binge launches, masternodes will store high-demand video and stream it as needed.
● The SLATE network pays out eligible masternodes in SLX as compensation for their contribution to network security and the use of resources such as CPU, storage, and bandwidth.
● Over 2700 SLX is rewarded each time a masternode is paid.
● Your home PC can be shutdown and the masternode still operates from the VPS.
● Let your computers do the work and enjoy the residual income, even while you sleep.
Slate Token Sale Now Live
The Slate Pre-Sale was a big success, exceeding their targets. Buyers acquired over 2 billion SLX. The public Token Sale is now live and will go on through July 20th. Right now, you can buy Slate (SLX) for just $0.03 USD (3 cents) but the price goes up every four days by a quarter of a penny ($0.0025), peaking at 4 cents ($0.04).
10-for-1 Split
For those who purchased SLX during the presale, Slate Entertainment Group has announced a 10-for-1 split. For each SLX purchased, 10 SLX will be issued. Besides the news of a 10-for-1 split, Slate also announced its partnership with cryptocurrency exchange HitBTC which will host SLX with trading pairs against Bitcoin and Tether.
Other important dates:
July 5: SLATE wallet available for public download.
July 20: SLX token distribution takes place after completion of Token Sale.
August 1 (target date): Masternode operators start earning rewards paid in SLX.
Passive Income with Slate Masternodes
Who doesn't want to escape the dreaded 9-to-5? Whether you aspire to make money online or are looking for a way to supplement your current income, masternodes are a great way to make more money, passively. Want to earn money while you sleep? Find out more about the Slate project and masternodes at Slate.io.
“If you don't find a way to make money while you sleep, you will work until you die.” - Warren Buffet
I learn about ICO information. Thank you for letting us know how to use the Masternode to maximize of revenue. How to use each node ... is very good information. Thank you.
This is one of the next biggest thing for the entertainment industry. I've not heard of Masternode before or SLX. Thanks for sharing this wonderful piece of information.
Lol!!!!I think it is going to be a scam.... @nataliejohnson
Is slate on any majir exchange? It seems interesting but may be too pricy for a mssternode.
Slate will be on HitBTC
when it is tentative launch date ? @nataliejohnson
I'm a MN holder and can't really address your issue with the Reddit posts being "clearly fake" what makes you say this and how can you prove this?
You got a 32.99% upvote from @postpromoter courtesy of @nataliejohnson!
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dont know this coin but i run EXCL XZC and SMART masternodes :)
Thanks for this info. I've been following this Slate Entertainment Group project with interest. The masternodes actually have a use! That is so rare. Most masternodes just add inflation, but SLX nodes pay for work that supports a smart business model.
Since the coin team is investing in a real business, this looks like one of the better ICOs going right now.
excelente post
Friends, it is an ICU scam, reading my entire detail, screwed my mind nai. So, what do you think of me Explain
Good information
I vote for you, vote for me support offline.
I vote for you, vote for me support offline.
check out Silent Notary (sntr), Gincoin (gin), and Adultchain (xxx) for other masternodes that could end up huge!!
great revolution to the entertainment industry
Hello @nataliejohnson i have just came to know about slate Masternodes thank you for sharing and i also wants to know further is it possible??
Great idea comes with great brains. That is so good to have such platform on blockchain.
I wont think we can hardly make any profits. As you said there is a increase of the price every 4 days. The people who bought earlier will dump wheres the people who bought later will be in loss. Also the Ico is offering 10 for 1 split making the condition more worse.
No matter how many rewards we may get from masternode but in the end we will be in loss so better to avoid these Ico and its masternode.
Master nodes are very good source of passive , i am also searching for good ICO , kindly help with the same ??????
https://steemit.com/mgsc/@online87700/microsoft-deploying-huge-block-chain-system
pls do upvote , follow and response, thank u
Everyone have a happy, safe, 4th of July holiday!!!
I totally agree with. Masternode can be the game changer for those people who missed to buy top performing coins. And their concept is also very good.
I was also waiting for these type of coin and I will definitely buy it.
Thank you for sharing such a profitable information with us :-)
Congratulations @nataliejohnson!
Your post was mentioned in the Steemit Hit Parade in the following category:
good description of the nodes
Thank you very much,if not to be you,like i haven't heard of anything like masternode or SLX.Thank you very much dear.
correct me if i'm wrong.....
to set up a masternode you need 35,000 SLX
35,000 SLX at $0.03 is $13,000
Sounds a bit steep for an unknown not yet running project.
hi, your calculation is wrong!!!
$1,050
@nataliejohnson That is nice .
It is ICO?
Or token?
you're doing great i like you information thanks to sharing with us
You're doing great i
Like you information thanks
To sharing with us
- sujon05
I'm a bot. I detect haiku.
There are many cryptocurrencies, and finding the best ones to invest in is a complicated matter. And if I knew I wouldn't tell;). Being aware of the benefits of the crypto you invest in is crucial; for instance with SLATE and the entertainment industry. Globally people are sometimes worried about investing in cryptocurrencies because they don't know what they will use it for. We at Blockbasis are fanatic about transactions within cryptocurrencies like BTC, ETH and LTC so we developed a platform where users can send or receive cryptocurrency simply by email. We aim to simplify the transaction process in order to make crypto accessible to all, and now that can be done with good old email!
Slate is going to good ICO but we can think of Hashgraph ICO too. Hashgraph is also going to rock. So keep an eye on it too. @text2crypto
really nice information @nataliejohnson. It would be great medium for all digital currency user. thanks a lot.
I had an interview a few weeks back where crypto was discussed as an alternative to funding in the entertainment industry. I was very pleased to see this as I am sure many others are as well. Here is the interview if you are interested: https://steemit.com/paulcaraway/@paulcaraway/h46scio0 Have an awesome day and thank you for sharing!
Steemit users. Dont invest in this public sale based on this single post. Please do some extensive research before you hand over any money. If you don't FULLY understand their whitepaper then dont spend any money.
REMEMBER, MOST ICO's FAIL
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