Cotton Coin is a cryptocurrency project that focuses on the improving the working of the cotton industry. It is working towards improving the lives of the farmer and using technology to save lives.
"The Cotton Coin project is a humanitarian effort created to give hope and save the lives of third world cotton farmers. Your investment in Cotton Coin masternodes would help to transform the corrupt cotton industry while earning an attractive reward for yourself."
Running Masternodes are essential to take the Cotton Coin project forward.
Investors and supportors can setup a cotton coin masternode with ease.
3000 COTN are required to setup a cotton coin masternode.
In this process not only would they be supporting the cotton coin industry and the cotton farmers but also be earning COTN coins.
At the time of writing this post Cotton Coin Masternode stats are as follows.
Cotton Coin Price 1 COTN = $1.628797
Daily Price Graph
Is this suggesting that you’d get your money back after 1 day? Is that possible?
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I'm wondering about this too @mazzle
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hi @mazzle, @ajongcrypto
My impression is that with many masternodes ROI is super high at the beginning so it's encouraging to purchase and hold that coin. But volume in many cases hardly exists so in theory you can double your invesment within short period of time but there is hardly any buying power at this stage so investors are stuck most of the time with their funds.
That's how I see Cotton Coin and many other masternodes. At the end of the day it's all about risk and returns. Most masternodes provide first investors with very big ROI to ensure that there will be growing demand. Within time and within each establish masternode ROI is usually dropping.
Of course I may be wrong. Those are just my current observation. Does it even make sense?
Yours
Piotr
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Hello, @crypto.piotr. I think your explanation sums it all, thank you!
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Greetings @mazzle, @ajongcrypto
We've removed those details from above posts because we've found them misleading. Currently Cotton Coin is going through coin swap and it resulted with some insane "theoretical" ROI. Because of current process almost all active masternodes has been temporarily disabled and ROI went up from 1k to 46k %.
Please accept our appology for this misfortunate copy+paste from site masternodes.online
Best regards, Cotton Coin Team
Cotton Coin
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Everything was a perfect read until i got to the incomes. Like are you kidding?? 100% daily returns is insane!
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Completly agree with you @ajongcrypto
I just checked https://masternodes.online/ again and it seem that many masternodes provide insane return on investment. I personally think it doesn't look good and it does look suspissious but I understand that this is how some ICO attract investors who like to take heavy risk.
Cheers, Piotr
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Yes, I've checked too and I can now clearly understand the strategy.
Thanks for providing a cutting edge on this issue @crypto.piotr
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Congratulations @cotton.coin! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Do not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
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