Have you heard about THor Nodes? It is a node tool that will make you passive income in the world of cryptocurrencies. Currently, you can buy different node options, but the standard for a long time was what is now called GOLD and the price is 10 THOR, and it will produce you 0.7 THOR daily. This isn't guaranteed, but it is the goal to keep it sustainable!
To be honest, the first project like this was Ring Financial, and I called it a scam for a long time. I am still a bit suspicious, but it seems as if there are actual teams working with these projects and they are doing actual investments and working hard at making the protocols sustainable. How does it work?
What does Thor Nodes do?
Thor Nodes is taking transaction fees when you withdraw funds from the system, and they are also growing their treasury. They then take money from the treasury and invest it in projects like OlympusDAO, Wonderland, HectorDAO, and Strongblock. This is strengthening the treasury even more, and actually, earlier today (on December 25th), Thor Nodes actually sold HectorDAO tokens worth 100,000 USD and used the money to buy more Thor tokens which again will be used to pay out rewards to those keeping nodes. The 100,000 USD was pure profit based on an investment made in HectorDAO earlier this week.
It might be stupid to call it nodes, because this has nothing to do with real nodes like Ethereum nodes, Polygon nodes, or so on... that is just a tricky name that sounds good after people have fallen in love with StrongBlock.
But, based on what I have seen so far, Thor Nodes seems to have a legit time that actually work and develop the platform and the protocol, and I can easily see it being around for a while, at least for as long as the market remains mostly bullish and green!