Stakinglab (LABX) ICO Details and Project Review

in cryptocurrency •  6 years ago 

🔜 Stakinglab (LABX)

Stakinglab, established in Germany in 2017, offers a secured online platform for subscribing shared masternodes and staking pools. Stakinglab aims to create an ecosystem that is a digital marketplace for currency exchanges and a hub for investors to access extensive information about ICOs and other related trends quickly.

The Stakinglab platform is fully compliant with Google 2FA Security and already supports over 100 coins along with 1500+ instant nodes, 1500+ masternodes and 30 staking pools which are carefully checked by expert analysts. Listed coins will have to pay a fee in LABX to be listed on the platform.
Stakinglab allows users to earn easily by staking one of the coins listed on the platform. Staking means holding a cryptocurrency in a wallet for a fixed period while earning interest for holding without expensive mining gears.
Stakinglab also has a community pool where users can stake together which will increase the frequency of rewards.
Platform users can also earn rewards by joining a masternode on Stakinglab. A masternode is a cryptocurrency wallet that keeps and maintains a copy of the entire ledger of a coin in real time. Masternode-backing software can be considered as an alternative to mining with far less power consumption. In this model, the chance to have a high return of investment (ROI) at each masternode increases with the number of coins held. Therefore, users can earn money from joining a masternode, without investing in expensive mining equipment. Stakinglab provides a shared masternode concept where users are rewarded based on the percentage of their contribution towards the collateral value for the masternode. By their "Instant Share MasterNodes" Stakinglab also removes the problem of waiting to gather a specific amount to start. Stakinglab purchase the coins in advance and start a masternode, this simultaneously provides rewards which investors can join right away.
Besides the above features, Stakinglab also offers a referral system that will reward the referrer for expanding the user base.

To expand their business, Stakinglab has the following plans. They aim to create a marketplace for job seekers and talent hunters in the blockchain industry, launch blockchain as a service (BAAS), a sophisticated payment system coming with their Stakinglab wallet and their own cryptocurrency exchange, where users can trade and convert their masternode coins.
The engine of the ecosystem will be, the Quark algorithm based, LABX Coin. LABX will also be used at Clicknode.io (Another fully operational platform by Stakinglab) to pay the hosting fees.

Stakinglab's Pre-Sale is LIVE. If you want to take part, you can register here: https://labcoin.io/register/user

🔶Documents:

📑Whitepaper — https://stakinglab.io/download_white_paper

🔶Additional links:

🌐Website — https://stakinglab.io

🌐ICO-Website — https://labcoin.io

✈️Telegram — https://t.me/stakinglab

🕊Twitter — https://twitter.com/Staking_LAB

📘Facebook — https://facebook.com/stakinglab.io/

📸Instagram — https://instagram.com/staking_lab/

📺Youtube — https://www.youtube.com/channel/UCW8_jXLC8RbxqvOWz0jQdwA

🎧Discord — https://discord.gg/rKme5zd

🔶ICO- Information/Dates:

Symbol: LABX

Token type: Quark

ICO Price: 1 LABX = 0.0005 BTC - 0.000375 BTC

Min purchase: 0.125 BTC

Total supply: 21,000,000 LABX

Premined supply: 0,808 %

Available for sale: 165,000 LABX

🔶Our Score:

🌕🌕🌕🌕🌑 4/5

Stakinglab differentiates from the current ICOs with its already operational platform. They were able to maintain a community, gain trust and already have active users. The platform offers a one-stop solution for users to earn a passive income through masternodes and staking, find like-minded professionals and exchange their crypto. However, their whitepaper is mostly focused on what they are already doing more than how Stakinglab plans to expand its business in detail. Since there is no public team, we also cannot rate their experience concerning the new aims (Payment system, Exchange) and can only judge by their previously established products. We would be willing to offer a higher rating if favourable info about the team becomes available.

🔶Promotional video:

Stakinglab Promotional Video:

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