Phone Coin - https://phonecoin.space/
Phone Coin is an innovative cryptocurrency network for cellular telecommunications
Phone Coin is peer-to-peer electronic money that features low fees and fast transaction times.
What is a masternode?
Masternodes are nodes in the currencies network that fulfill a specific function beyond simply relaying transactions. In Dash’s case, they enable the InstantSend, PrivateSend, and the Dash Treasury System. Other crypto-currencies such as Crown plan to use master nodes to host decentralised apps amongst other things. This contrasts the system of i.e. Bitcoin, where a Node is simply a server relaying transactions.
Since Masternodes fulfill special functions for a cryptocurrencies network but do cost money and effort to operate, they are incentivized by gaining a share of the block rewards in their respective cryptocurrency. Hosting a Dash masternode generates Dash, a MUE masternode generates MUE. The yield varies primarily according to the masternode count and each coin might have different payout periods. PIVX pays out daily; Crown pays out several times a day. This makes masternodes a form to earn "passive income" on cryptocurrencies without having to run expensive mining equipment.
Phone Tier 1 ROI:
$21.4207
0.00330089 BTC
85.0746 PHON
Anyone can run a Masternode. The objective is to have enough of them for decentralization so nobody controls an important fraction of Masternodes. However, there is one condition that usually has to be fulfilled: You have to stake a certain amount of coins in your masternode.
How to invest in Masternodes.
Most masternodes coins aren't listed on large exchanges like Bitfinex, Binance or Bittrex and will require you to go crypto-hunt onto smaller exchanges (where the smart money shops for new coins) like Cryptopia, Coinsmarkets or NovaExchange.
A good place to start is MasterNodes.online, where most masternodes coins are listed:
https://masternodes.online/currencies/PHON-T1/
What Do Masternodes Do?
Masternodes –
Increase the privacy of transactions
Help carry out instant transactions
Allow for voting on proposals to improve the coins
Enable a treasury system in the cryptocurrency markeet
The function of a masternode depends on the crypto-coin and how they have been implemented in the network.
About Phone Coin
PhoneCoin is one of the most transformative technologies. PhoneCoin stands firmly in support of financial freedom and the liberty that PhoneCoin provides globally for anyone to voluntarily participate in a permissionless and decentralized network.
Phone coins cooperate with telecommunications operators to distribute internet data roaming cards for smart phones that can be used in more than 100 countries. In the future Phone Coin will work with smart phone manufacturers in China to produce smart phones
Investing in a Phone Coin will give us multiple benefits where telecommunication needs are met and we get passive income by building a masternode. As far as I have learned, not many crypto projects offer real benefits or not physical products that can be used. Phone Coin are different because this project has real products, real benefits, and real profits.
Phone coins cooperate with telecommunications operators to distribute internet data roaming cards for smart phones that can be used in more than 100 countries. In the future Phone Coin will work with smart phone manufacturers in China to produce smart phones
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