New cryptocurrency POLIS good rewards

in cryptocurrency •  7 years ago  (edited)

POLIS

Another payment system for communities. This was launchedCh on Dec 22nd. This has a master node architecture with very good reward system.
https://polispay.org/
Basically you can acquire coins by setting up a master node, mining and buying from exchanges

Master Node and Setup

You need to buy atleast 1000 coins to setup master node.This is the coin with great rewards for miners

Checkout https://masternodes.online/ for the nodes available and which one has the best ROI
https://github.com/polispay/polis-doc/blob/master/masternode-setup/Masternode-VPS-Setup-Guide.md

Mining

Algo: X11
Simbol: polis
Coin supply: 25 Millions
Premine: 1%
Masternode: 1000 polis
Masternode confirmations:15
Masternode Reward: 80% of block (including Lucky-PoW)
Block time: 120 seconds
PoW Reward: 20 polis
RPC port: 24127
P2P port: 24126

Use mining pools like
http://s2.altcoinix.com/pol/public/index.php
Bulwark
Obviously only GPU mining make sense

Buying from Exchanges

CoinsMarkets
Tradetoshi
Stocks.exchange

My Take

This is yet another project. Not sure about the long term prospects but good for a trader and master node operator.
Master node was available for 170 dollars on dec 22nd and daily get 56 polis coin. So monthly 30 X 56 = 1680 coins

So total = 1000 (for master node) + 1680 = 2680
at today's price of 15 dollars per coin , total income = 2680 x 15 = 40,200....
So an investment of 170 dollars on Dec 22nd generates 40,200 on Jan 22nd. I think it would be good to setup a master node, given the reward scheme, but probably u want to decide long term prospect based on the development team.Regardless you should be able to make good returns and exit before the entire crypto market crashes

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170 dollar invested on Dec 22nd is worth 57000 today!!! insane

Yeah bro, INSANE

MINING POOL POLIS

You can mine Polis Coin on https://bulwarkpool.com

I've been mining there since beginning

What kind of system you use for mining? Pls let me know the configuration? (ANT miner?)

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Well written post!
Never mind that the name of the coin (Polis) is slightly intimidating...
=)

thanks dude!!!

Good info! I just set up my computer to mine Polis, but unfortunately I don't think its very efficient compared to a mining an equihash coin.

I'd love to run a masternode if I could afford the tokens!

Polis is still doing well. Also check out ARTAX and TUNE.

I actually checked out and reviewed the code, its a copy of dash with no feature added. i dont know what product is planned.Seems like most master nodes are like that. There are some devs.may be some people are honest. but having what really is under the hood , i was shocked!!!!! and no wonder why crypto is correcting this much!!!!

Interesting, on that topic, I see a lot of the TUNE source code is also from the original Bitcoin source code although they have made modifications and added features. Surely a new crypto coin should bring a new feature to the table.