PASSIVE INCOME
Explanations and disadvantages of “normal” masternodes
A masternode is a means of investing and securing a blockchain. It is also one of the 3 main ways to validate blocks on a blockchain with cryptomining and proof of stake (staking), and thus be rewarded for this work.
It is generally composed of 2 elements : the wallet of the concerned cryptocurrency and a Linux Virtual Private (Internet) Server (VPS). A computer program is started on the VPS and exchanges data with the entire network of the concerned cryptocurrency. The VPS must be permanently connected to the Internet.
To function, you first need a “collateral” (starting capital / deposit), ie a certain number of units of a cryptocurrency (for example 1000 cryptocoins). Once you have assembled the collateral, you can create a masternode. The collateral helps reduce price volatility and makes Sybil attacks almost impossible. All required cryptocoins for the collateral must be credited in 1 single transaction.
The masternode concept, invented by Dash in 2015, has been adopted by more than 370 other cryptocurrencies.
By creating a masternode, you secure the concerned blockchain, which in turn allows you to earn rewards (block rewards), paid in the cryptocurrency linked to the masternode (for example in DASH, if you have a DASH masternode).
You receive this reward in cryptocurrency at a regular interval (generally 1 to 20 days, depending on the cryptocurrencies).
Advantages : No machine to have at home, regular compensation. The collateral can be recovered in cryptocurrency at any time.
Disadvantages : Requires collateral in the concerned cryptocurrency, rent a virtual server (VPS) and install the program on Linux. The value of the cryptocurrency may drop.
The Nokenchain solution : virtual masternodes
Virtual masternodes correct several drawbacks :
- It is not necessary to have all of the collateral.
- It is not necessary to have the concerned cryptocurrency to acquire the masternode (you can get it by paying in euros).
- No more renting (and therefore paying monthly) a virtual server (VPS).
- No need to know how to install a program under Linux.
- The collateral is guaranteed against the euro. Even if the value of the cryptocurrency drops, you can recover the amount invested in the collateral at any time without loss of value !
General information
- If you pay in euros, the installation will take 3-4 days because we will first have to convert your euros into the relevant cryptocurrency.
- If you pay in cryptocurrencies, the installation will be done within 24-48 hours.
- Rewards are sent every Sunday.
- The rate of pay is currently around 5 to 8%/year. This rate changes depending on the activity on the Waves blockchain and in the Nokenchain ecosystem.
- Cryptocurrencies accepted when you click on “Purchase in cryptos”: Bitcoin, Bitcoin Cash, Dai, Ethereum, Litecoin, USDC.
- For payments in other major cryptocurrencies, contact us.
Technical explanations
- Virtual masternodes are a secure system, invented by Nokenchain, whereby cryptocurrency owners can generate stable passive income.
- The algorithm developed by Nokenchain secures the original collateral against the US dollar on the day of creation of the masternode, which avoids significant variations in the value of the collateral. It is linked to the Nokenchain Stable Protocol (NSP) allowing you to receive rewards generated by the growth of the Waves blockchain activity and the growth of the Nokenchain ecosystem.
- The earnings generated through these economic activities (Waves transaction fees, validation of new blocks, sales of Nokenchain services, …) are converted into the chosen cryptocurrency and paid to you on your wallet in the form of masternode rewards.
- The advantages are that the rate of pay is not managed by a bank and is higher than in banks. The expected yield is 5 to 20% per year.
- Rewards are sent weekly. You can check yourself in your wallet that the rewards have arrived and withdraw your collateral at any time on request. You can never lose the gains already accumulated.
How to get started ?
- Download the wallet on your smartphone [Tutorial video] to have a Waves address (3P …).
- Order one or more NOKN virtual masternodes below :
NOKENCOIN | ||
Virtual Masternode NOKN 100 | €100 | Purchase in euros Purchase in cryptocurrencies |
Virtual Masternode NOKN 500 | €500 | Purchase in euros Purchase in cryptocurrencies |
Virtual Masternode NOKN 1000 | €1000 | Purchase in euros Purchase in cryptocurrencies |
Virtual Masternode NOKN 5000 | €5000 | Purchase in euros Purchase in cryptocurrencies |
Virtual Masternode NOKN 10000 | €10,000 | Purchase in euros Purchase in cryptocurrencies |
Note : If you already have nokencoins, you can contact us to obtain the Waves address to send your collateral in nokencoins. We will then tell you the exact number of nokencoins to send (calculation based on the price on the NOKN/WAVES pair on the application). | ||
Total invested : €22600 (2 SN NOKN 10000, 1 SN NOKN 1000, 16 SN NOKN 100) | ||
Total donated : More than 295.21 USD / 253.27 EUR |
And after ?
- Once you have a “Virtual Masternode NOKN”, you can unlock cryptocurrencies virtual masternodes.
- Order one or more cryptocurrencies virtual masternodes below :
BTC, BCH, DASH, ETH, LTC, USDT, ZEC | ||
Virtual Masternode 100 | €100 | Purchase in euros Purchase in cryptocurrencies |
Virtual Masternode 500 | €500 | Purchase in euros Purchase in cryptocurrencies |
Virtual Masternode 1000 | €1000 | Purchase in euros Purchase in cryptocurrencies |
Virtual Masternode 5000 | €5000 | Purchase in euros Purchase in cryptocurrencies |
Virtual Masternode 10000 | €10000 | Purchase in euros Purchase in cryptocurrencies |
Information : If you pay in euros, 10 euros are added to the order to pay the fees of the payment system and the fees of the exchange platform. | ||
Reminder : To order a cryptocurrencies virtual masternode (BTC, BCH, DASH, ETH, LTC, USDT or ZEC), you must first have at least 1 “Virtual Masternode NOKN”. | ||
Total invested : €1200 (5 VM ETH 100, 1 VM BTC 100, 1 VM BTC 500, 1 VM WAVES 100) | ||
Total donated : 15.22 USD / 13.50 EUR |