Masternodes or nodes as most refer to them are starting to catch tons of attention in the crypto space. Here are the 4 masternodes everyone should be paying attention to. Remember, nodes are required in order for the blockchain and protocols on the blockchain to run seamlessly. Using masternodes / nodes also allow investors to earn a nice passive income at the same type. Some of these nodes provide incredible passive income returns if you know what you are doing.
2022 start pretty rough for crypto market, everywhere is red. Some people said this may be the beginning of the next Bear Cycle, but I’m still bullish on 2022’s potential for my selected crypto projects like defikingdom, axie infinity and more.
So while I’m doing research for all of these projects I come across crypto nodes and masternodes. I look into it more and I realize crypto nodes give crazy passive income.
This is a new way that I am looking to diversify income streams. Be warned though, nodes are a high-risk, high-reward type of play.
This is not financial advice, please do your own research and only put in the amount of money that you are willing to lose.
So if you are excited to make some insane passive income then keep on reading…
What is crypto node?
To create a node, you must buy a pre-set amount of tokens for a given project which are then burned to secure your node.
That means unlike with something like staking where you retain ownership of those tokens while they earn you returns, the burned tokens used to create your node are now gone and serve as your initial investment to get a project running.
The upside is you also begin to start earning immediately and once you recover your ROI, it’s essentially all profit. Most projects seem to take around 100 days to deliver that initial investment back.
#1 Strongblock
Strong is currently the OG of the Nodes space and has been going “strong” for almost two years, which is absolutely ancient for projects of this kind.
You can create your node either Ethereum or polygon.
Current price: $257.28 and you will need 10 strong to get 1 node and you earning 0.09 reward. That means it takes approximately 110 days to recoup your initial investment.
However, prices can rise and fall and a higher price ensures a quicker return on investment.
On another note, Strongblock charges a $14.95 monthly maintenance fee for each node you are running.
There are higher-paying node projects out there right now, but none have had the stability of Strong, which makes this the safest of all plays at the moment since they are essentially a proven commodity.
#2 Thor Financial
Thor Financial is the shiny new project on the node market, for the time being. When it first launched, it offered some of the most lucrative rewards available, which many questioned the sustainability of.
However, in the past week the team has outlined a streamlined reward system that is still generous, but also gives the team a more realistic chance to have long-term viability.
Thor offers four levels of nodes (Heimdall, Freya, Thor, and Odin).
As you can see if you choose thor and odin within 3 month period you will get back your investment and after it pure profit.
#3 Vapornodes
VaporNodes is another newcomer to the node world and one that has a reputable team and a much more palatable entry point. I like the fact they are starting out with a solid model that emphasizes sustainability and extreme upside in token price. Creating a Vapor Node requires a minimum of 1,000 VPND tokens.
The upside here is that you can build several nodes at a relatively low cost and turn that passive income into a more substantial figure. Additionally, the token still has the ability to 10X or more in price which would mean your monthly profits would multiply as well.
#4 Cubo Protocol
Cubo is a node protocol on the Polygon (MATIC) network which owns its liquidity and automatically adjusts its supply in order to maintain a stable yield forever. It also maintains and grows a DAI treasury that gives the token a real floor value.
To summarize how the system works, Daily ROI will increase, the more the $CUBO token is worth.
Because $DAI is a stable coin and will never deviate away from $1. This means that part of the cost for minting a node will be fixed. This makes it so that the higher the price of $CUBO, then the higher your return will be.