Masternodes are a great way to earn passive income in cryptocurrencies if you are willing, in addition to other forms of earning including trading, proof of stake mining or staking, putting money in Kucoin Shares and other shares, earning Gas with platforms such as Neo, buying tokens via ICOs and hodling, and investing through venture capital.
Masternodes allow anyone to earn simply by keeping some amount of coins in a wallet and locking them for a specified amount of time and/or keeping the node or, software that supports the network, running throughout. Today, a good number of masternodes are easy and quick to set up and a number do not even require expensive hardware in order to set up.
Masternodes.online is tracking around 525 masternode coins with a total node count of nearly quarter million, all worth nearly half a billion in value. Below is a list of upcoming masternodes that will be launching soon or those that have just launched, which you can track and find if they are worth your time and investment.
Ambrosus is an Ethereum-based blockchain and Internet of Things (IoT)-based supply chain integration mainly targeting the food, pharmaceutical, commodity and electronics’ industries although it applies for any kind of supply chain. The project idea was first floated in 2017, the team raised capital by selling over $32 million worth of utility tokens in 2017, and the platform is currently operational with their main net going live last year. The platform will enable users to track, trace, monitor assets and store their data by connecting their devices and systems to a decentralized public blockchain using smart devices and IoT.
They will provide end-to-end traceability, product temperature monitoring, smart tagging of counterfeited items, quality assurance and DNA testing of products, smart insurance of supply chains and fully party logistics using smart containers.
Developers and entrepreneurs can also build, on the open-source platform, their new forms of dApps, application, sand business models for supply chains and IoT devices. A company will pay $12 USD in AMB (platform's utility token) to store 1 bundle of data on the network with 1 bundle corresponding to up to a maximum capacity of 16,384 sensor readings from various smart devices.
The ecosystem will have a utility token known as Amber (AMB), which is an ERC20 token and stored on any Ethereum-compatible wallet, that is used to access services on the platform by clients using the platform to track and trace their supply chain data, operators who want to run a masternode on the network, and dApp and app developers who connect financially incentivized application or tools to the Ambrosus blockchain. Utilizing the Proof of Authority Consensus Algorithm, the ecosystem will have multi-tiered masternodes where each of those masternodes will possess necessary functions for the successful interoperability of the network, as follows;
- Apollo masternodes: This tier will require 250,000 AMB tokens to stake and will be used to validate all the transactions on the network. Anyone staking this masternode will require KYC screening and will be contracted with a certain service level agreement (SLA).
- Hermes masternode: Those interested in staking this masternode will require 150,000 AMB tokens and the masternode will be used as data providers for the network. These masternodes will act as connectors between sensor data in a supply chain and data uploaded on the Ambrous network. The tier will also require KYC screening and contracting to provide a certain Service Level Agreement (SLA).
- Atlas masternodes: This tier will ensure security of all the data stored on the Ambrous network. It will have three different tiers each of which will correspond to the masternode's capabilities on the network. omega tier will require a stake of 75,000 AMB, Sigma Masternodes a stake of 30,000 AMB; and Zeta Masternodes a stake of 10,000 AMB.
The fee paid by companies to store bundle of data will then be split into Atlas and Apollo Masternodes.
Ambrosus team runs offices in Europe (1 office): 2 offices in Switzerland, 1 in Estonia, and one in Ireland.
Block Array is a blockchain-based startup providing integrated solutions for supply chain and logistics industry. It is based out of Chattanooga, Tennessee. They provide solutions in four areas, namely logistics management, barcodes, IoT, and enterprise-ready deployments. For supply chain and logistics management, companies in shipping and trucking business will not only track and trace products using devices such as mobile devices, sensors, barcodes, GPS, and weight stations, hooked to the platform, but can also take advantage of machine learning, which features a matchmaking algorithm, to find the best loads that give the greatest return. The data is recorded on the blockchain.
Clients using the platform can also manage their shipping and trade finance documents and have them authenticated and tied to different language translations using smart contracts. By scanning the barcode and triggering the platform using other devices, suppliers and partners can view and manage documents such as bills of landing, certificate of invoice, customs paperwork, and other documents. Suppliers can also protect high value shipments from counterfeits.
Companies can use smart contracts to empower Bills of Landing to start payment process immediately. The supply and logistics solutions also feature dApps developed in-house and Oracles and APIs that can help companies to manage their data. The platform is built on the Ethereum network but will offer support for other blockchains including Bitcoin, Hyperledger, Cardano, Oracles P.O.A. and Chainpoint through the XONS protocol and will host cross-chain transactions.
The startup will have tiered masternodes which will perform the services of securing the blockchain, verifying transactions and producing new blocks for the network; they will include primary masternodes tier will require 40,000 ARY to stake and will contain the underlying consensus protocol (RBFT) and these nodes will be validating peers who are committing changes to the global ledger. It will have a tokens reward of 250 ARY. Secondary masternodes tier will require 22,500 coins to stake and will comprise the non-validating peers and ordering service and host the Membership Service Authority. It will have token reward of 150 ARY. The Heartbeart masternode tier will require 7,500 coins to stake and will have the service mesh for all nodes - the services will include discovery and observability of the service and NTP for time-synchrony. It will have 75 ARY.
Nodes will be limited to one person and will be only allowed in the following countries: USA, Canada, U.K., Switzerland, E.U. Member Countries, Australia, New Zealand, Norway, Sweden, Russia, Ukraine. As of June, China, Singapore, South Korea, Japan, India, Vietnam, Thailand, Philippines, and Brazil will be added. This is in addition to being hosted with one of the approved VPS hosting providers including Azure, Amazon Web Services, Google Cloud, Digital Ocean, or Vultur.
The nodes will also receive block rewards every two weeks and the reward will drop by 30 to 50 percent one year after they go live. A node that manages a 100 percent uptime will win a “THAW” bonus, a one-time bonus to be won after two months. The bonus varies from one masternode tier to another with primary having 3500 ARY while secondary will have 1500 ARY.
BosCoin masternode is a platform for Trust Contracts on blockchain and uses Congress Network consensus/voting mechanism for decision making.
BosCoin masternode will require 40,000 BOS minimum to run and maintain and each node can receive three types of rewards; freezing rewards, confirmation reward and transaction fee. The freezing reward is dependent, for each node, on the amount of tokens that a node is staking, the confirmation reward dependent on the confirmation reward while the transaction fee is collected whenever Boscoin transaction occurs.
The freezing and confirmation rewards are consolidated into membership rewards, a new type of reward, and therefore one will need to acquire membership to get them. The reward for freezing tokens is around 13,300 BOS yearly per 40,000 BOS frozen but there would be some costs for running and maintaining a node. The membership rewards is around 13,000 BOS yearly for membership and this has no costs attached.
The project will gather all transaction fees or rewards and distribute them on a weekly basis with 30 percent going to the Commons Budget and 70 percent going to nodes live on the Boscoin network. The platform mainnet was launched on November last year and is already accepting staking of masternodes.
CPCHAIN (Cyber Physical Chain) markets itself as a distributed infrastructure for next-generation IoT and will provide IoT data services services including data acquisition, storage, sharing and in applications, on a distributed ecosystem. The are building a data platform for IoT systems in combination with distributed storage, encryption computation and blockchain. It wants to reduce connectivity costs of IoT devices, protect data privacy in these systems and maximize the value of IoT data, in addition to addressing scalability issues in the current "chimney architecture" of IoT systems, present lack of interoperability in IoT systems, as well as centralization problems for IoT systems by letting data owners to own, manage and share their data as they wish.
The startup released its mainnet late last year and is hoping to release sidechains and and IoT chains starting the next quarter of this year.
The project, which uses the Dynamic Proof of Reputation Agreement (DPoR) consensus, will have tiered masternodes with three primary node structure described in the RNode Ecosystem Structure. The three primary node structure are economy, reputation and industry nodes. The economy node requires 20,000 CPC tokens to run and will have the right to vote on project proposals. The reputation node will require 200,000 CPC tokens to run and can either be an economy node with added computing and storage node or an industry node with computing and storage node.
The rewards on the RNode and the Economy Node will depend on the ratio of locked margin to the total margin, both needing a minimum of 200,000 CPC tokens and 90 day lock-up session. The team confirmed that returns will be given on the first day of ending the 90 days lockup but the amount locked cannot be added within the 90 days of staking. You can read more on details of the masternodes here.
APEX is a platform that allows companies to build their side chains as well as dApps and data management solutions.
The incentive system, which uses a hybrid DPOS for the main network and POS for the sidechain, includes Supernodes, Voternodes, and Data cloud nodes. Supernodes will be in charge of processing and validating transactions on the network and resolving consensus-related issues, Voternodes participate in voting and keep Supernodes in check. The Data Cloud Nodes play the role of storing and managing of consumer data on the platform.
Supernodes require 2 million CPX tokens to stake, and act as delegates or block producers are are elected by stakeholders. They will be responsible for production of blocks, validating transactions, in addition to resolving consensus-related issues. They can also create side chains for various dApp use cases. They will be incentivized through network fees, ecosystem rewards (guaranteed rewards for instance through a rewards pool of 1% of total token supply in the first 2 years of mainnet launch), and special nodes program (Apexion and Kratos).
Voternodes can get a minimum of 30 percent of profits and a maximum of 50 percent of profits from Supernodes. They do not need special hardware to operate and profits are based on the weight of the tier -- each tier has a different tier minimum of CPX tokens to stake; tier genesis needs a minimum of 400, 000 (weight is 40), Tier 1 a minimum of 20,000 (weight is 30), Tier 2 a minimum of 70,000 (weight is 20) and Tier 3 has no minimum CPX requirement (weight is 10). For further details on project masternodes, see this link.
Dadi is basically a blockchain-based decentralized version of cloud platforms such as AWS, Google Cloud and Microsoft Azure. The project will have three nodes, namely Stargates, Gateways and Hosts.
Stargates require 500k $DADI to stake and provide the domain name system to make the Gateway/Host resources addressable and are responsible for securely running the network.They are responsible for monitoring resources and controlling the payout contract. They will constitute 10% of all node revenue. The amount staked will be locked in a DADI contract for six months from the time the node is taken offline. These nodes will be expected to earn rewards of up to 30% of POS annually with payouts being made monthly from the payout contract. Gateways comprise of 20% of all node revenue and all Stargates have voting rights.
Gateways require 50k $DADI per Gateway to stake and contribute the bandwidth and will be the entry point to the network, acting as a an aggregate point for Host node capacity. These nodes will have an expected return of up to 20 percent of POS per annum with payouts also being made monthly from the Payout contract. The top 25 percent of Gateway notes will have voting rights.
Hosts require 5k $DADI per Host to stake and the coins are locked for 30 days from the point the node is taken offline. They contribute computational power and comprise of 70% of all node revenue. Only 5% of all Host nodes have voting rights. The expected return for these nodes is up to 20% of POS per year.
Enigma enables anyone to build crypto hedge fund and investment strategies and then anyone can invest in these innovations. They are building a blockchain decentralized data marketplace that will see users contributing, curating and sharing data to build data-driven investment strategies.
This is in addition to providing research tools that can be used to access crypto-data and to design, test and refine winning trading strategies. Another main thing about Enigma is that they will be building a scalable off-chain smart contracts that preserves privacy of all data that flows in and out. This secret contracts feature means it can be used for private calculations and transactions even within other blockchains such as Ethereum and Bitcoin.
Users who do not have skills to create their own algorithms can also take advantage of machine-based investing through investing tools built by developers on the platform. Their blockchain consists of main chain and off-chains, the latter handling the storage and transmission of data. The ecosystem includes a token called ENG Token.
The expected amount to stake in a masternode, which they say is important to their infrastructure, is around 20,000-30,000 ENG tokens although with the current assumption being 25,000 ENG as a preliminary threshold that may change prior to the network launch, according to this Enigma's Steemit post here. The reward amount for stakers is will be network rewards upon release of mainnet, in addition to fees for computations that are paid to nodes in ENG.
Full nodes will require a security deposit to be able to punish malicious behavior. The amount of ENG required to stake on the Proof of Stake model-based ecosystem will be higher initially but decrease later in order to accommodate thousands of nodes.
The Secret nodes will run a node to support secret contracts which are executed in a privacy-preserving manner. Consensus nodes will operate on the blockchain itself and they validate computations and set the final ordering of state changes. You can read more details on the masternodes here.
Exscudo masternodes require 25,000 to stake and the ecosystem comprises of a crypto exchange for digital finance marketplace for beginners and professional traders, financial institutions and institutional investors. Charting platform, cross-platform trading terminals for web, mobile and desktop platforms, wallet and messenger, cards and Merchant.
The rewards for staking a masternode on the platform is around 1 percent of the invested amount, which would basically fluctuate with time. Stakers also earn from dApps that get released on the platform if they are using financial transactions as an element. The nodes use Deposited-Proof-of-Stake (DePoS), a variation of the Proof-of-Stake rewarding system, and as usual, the more the amount is deposited on the node, the higher chances are for creating or signing a block.
Espers is a blockchain-based application that will entail blockchain-based websites on the chain, modular sidechains, secured messaging, and file storage within the chain. It is based on both PoW or PoS mechanisms.
X-Nodes are ESP’s answer to decentralized Masternodes. One will not need any coins to stake but on requires to register on the network before participating. Basically, that allows someone to have a node that can store additional sidechains that are used to provide additional chain features. The node will require constant connection and penalize disconnections. The nodes will also receive an amount of reward depending on how long they are online. Those with consistent data processing will also be favored.
A person can also lock an amount which will become frozen as they will no longer be able to stake them until they are locked from the x-node. The balance will be the multiplier to the compensation rate. The lesser the amount locked, the longer the user must wait in order for the lock to cool down at an exponential rate. Larger balances will wait lesser time and have multiplier effect on compensation. It means they become compensated sooner. Read more details on this link.
GRAFT, which is a decentralized, real-time payment processor and services platform on the global market, and which includes credit and debit payment use cases, has a tiered masternode ecosystem
RTA Supernode enables real-time authorization. Their owners will receive block rewards as well as a share of transaction and service fees charged by service brokers. The supernode uses off-chain transactions to accomplish fast transactions and payments. TRhey communicate with each other through "tunnels" and use a special mechanism that allows them to create a set of shortest and fastest tunnels.
The nodes can, not only send each other instant notifications but also can broadcast messages to a larger group or even the entire network. This is achieved all without knowing the IP addresses of other nodes, and this differentiates the project from other masternodes.
Matrix AI Network Matrix AI Network
Matrix AI Network crypto project allows the running of PoW or PoS supernodes. All you need to do to become a miner is stake a minimum of 10, 000 MAN tokens while becoming a verifier requires one to stake 100,000 MAN tokens. Each of the staked 10,000 or 100,000 MAN can be considered a lottery ticket to be selected as a supernode for a period of 1 hour and a total of the larger between 21 miner or 5% of all staked miner nodes are selected each cycle.
The project offers three types of rewards namely Stake Rewards, Block Rewards, and Raffles. First, miners and verifiers receive staking rewards for locking their tokens at specified duration, with the stake rewards being determined once every 3600 blocks. The amount of reward obviously depends on the amount one stakes but an annual return of 3 to 5 percent can be expected . The project has a block reward of 22.5 MAN and, which is changed every year. The project distributes 15 percent of the total tokens reserved for block rewards which comes to a total 60 million tokens in year 1, 51 million in year 2, 43.35 million in year 3, etc. Both of nodes get a share of mined MAN as rewards as well as an annual reward of 3-5 percent for staking MAN which goes to miners and validators.
Raffles are also used to increase interest and encourage participation in node Matrix AI Network. Six transactions are randomly selected after every 300 blocks and the raffle gives prizes for the 1st prize, two 2nd prizes and three 3rd prizes with winners being selected depending on a person's stake and uptime.
Mojocoin, which has a core focus set on privacy and the development of future mobile applications, started in 2015 on the NXT platform or network for free distribution. It then switched the free distribution model and the code base was redone, and they did an ICO too. They plan on taking the system to Open Bazaar as an anonymous alternative to Bitcoin for trading on the Open Bazaar platform. This will happen after the masternode/PoS/spork systems start working and they have a network running inside of Tor.
The Proof of Stake-based coin offers 50% of all of the POS blocks as rewards for masternodes. The rewards started at 15% annually and reduces in a 6 months cycle. In other words, staking reward is around 15% for the staked coins in the first 6 months of introducing masternodes.
Petro is Venezuela's cryptocurrency and according to plans, it will be a POW + POS coin and 5,000 $PTR will be required to run a masternode. The cryptocurrency is backed by oil with the sale value representing its price in the international markets of the Venezuelan natural resources that belong to the basket that will back the Petro. The basket will comprise of 50 percent oil, 20 percent gold, 20 percent Iron, and 10 percent Diamond.
The coin, which is based on NEM, has some confirmed use cases including Aviation gasoline and derivatives, passports issuance or renewal, and the fact that all Venezuelans use it for daily purchases and transactions.
The distribution of the rewards is 85% for Masternodes and 15% for PoS. The hybrid system will employ four-megabyte blocks and a one-minute block interval.
Rebellious runs on the REBL blockchain and uses stake consensus protocol. On the blockchain, the masternode is responsible for stabilizing and validating the network. It makes sure that the transactions are sent instantly and that they are private, just to mention a few functions of masternodes. One requires VPS hosting in order to run a masternode because it is more stable and always up and running. The project is also working to introduce one-click install service for the masternode to make them easy and quick to set up.
At least 100.000 REBL coins are required to run a masternode and will act as collateral for the POS consensus. Masternodes receive three types of rewards on the network, namely Clients Auditing Rewards, REBL masternode rewards, and Clients Masternode rewards. Client auditing rewards is garnered as nodes will check client chains that run in private environment and clients pay audit fees in REBL coins for this service. The clients masternode rewards depend on the number of masternodes run by REBL holders. The proof of stake reward accrues to REBL stakers and the block rewards will be supplemented with transaction fees. Staking nodes also get clients auditing rewards and proof of stake rewards.
Securypto specializes in blockchain-based anonymous storage & transferring of encrypted data, files and messages. It is also focused on monetizing anonymous content distribution. Content creators are able to receive direct payment for each download, view and purchase. The system uses a Proof of Stake system where users can stake coins and receive compensation for it.
Its masternodes are used to secure the network and provide some services and earn some compensation in the form of reward. One requires 5,000 SCU in order to run a masternode. Masternodes require a VPS server to run.
TE-FOOD is a blockchain-based food traceability ecosystem for chain supply management, logistics, food quality and data management purposes as well as ensuring transparency of livestock and fresh food supply information. It will help brands to not only comply with import regulation but will also help mitigate the effects of outbreaks and food frauds. The platform will be accessible on mobile and web, utilize QR codes and RFID identification tools, and allow for connection with third party solution providers.
The project announced last year that they will have tiered masternode and a dual token structure and signed a cooperation agreement with Deloitte. The four tiers have different prices ranging from $430 to $7,530, the cheapest being Iridium and going for 20,000 TFD ($430) and supports ability to rent out the TFD software licenses to any third party. STEEL tier costs $1,290 and will provide ability to connect food companies to multiple blockchain infrastructures. The PLATINUM node costs 120,000 TFD (~$2,580) and will help to connect food companies to multiple blockchain infrastructures. The forth tier TITANIUM costs 350,000 TFD (~$7,530) and will provide all services.
TomoChain is chain that hopes to solve the scalability problems within blockchains and relies on 150 masternodes with a unique Proof of Stake Voting or PoSV that can support near-zero fee and 2-second transaction confirmation times. It supports smart-contracts, protocols, and atomic cross-chain token transfers. Its native coin is known as Tomocoin. Masternodes will play the role of creating, verifying and validating new blocks.
Masternode rewards are given based on the number of signatures a masternode signs. There is also fees from the TomoChain DEX planned for development in Q1 this year. Stakers also receive an amount proportion to the amount of TOMO staked. A person will require 50,000 TOMO to run a masternode.
Blocksafe is building a blockchain-as-a-service (Baas) for IoT data security, storage and management through their platform StreamIoT™ Platform. The StreamIoT™ Platform will have 2 versions: Enterprise for business and a DIY sandbox version to provide tools and services that support IoT projects and IoT built on this latform will use the TrigX token. Enterprise users will also be able to take advantage of the sidechains to create their own tokens.
Masternodes earn 25% monthly and a trig token masternode requires 1500 tokens to run.
V-chain is a blockchain-based platform targeted at supporting blockchain-based business applications that offer real economic and social value by providing infrastructure for data management and Internet of Things (IoT) solutions.
The VeChain Masternode is further divided into Authority Masternode and Economy Masternode. The Authority masternode connects to the network operating VeChainThor software and are the only full nodes on the blockchain. They receive rewards for creating and validating blocks on the blockchain. Authority masternodes are currently limited to 101.
They are more suited for Enterprise Users who need to deploy rapidly and seamlessly, business applications. It is also suited for blockchain development teams that need to build and execute their dApps or sidechains on the VeChain blockchain. They can also be used by developers to run cross chain services.
Other use cases include business development ambassadors, community contributors and academic research partners. A person willing to run this type of masternode will require 25,000,000 VET.
The economy masternodes act as a point of distribution of power and privilege within the blockchain economy. They are also divided into various categories with different coin requirements: Mjolnir requires 15,000,000 VET, Thunder 5,000,000 VET and Strength 1,000,000 VET. Read a further explanation on this link.
The Walton Coin is a blockchain-based supply chain management platform as well as a platform that integrates blockchain with Internet of Things to facilitate a decentralized inter-connectivity of IoT devices.
The platform will have Waltonchain Masternode and a Guardian Masternode ecosystem. Guardian masternodes stand the chance to be rewarded from more pools than regular masternodes. Walton team are limited to 15 Guardian Masternodes on the network. Waltonchain Masternode validates transactions made on the network and receive a reward for validation. It requires a collateral of 5,000 WTC. Guardian masternodes require a collateral of 5,000 WTC and play the role of securing the network by implementing proof of work consensus algorithm.
Xtrabytes masternodes are known as Static (short form for Services Transactions and Trusted in Control) nodes, which they say is a completely new concept in cryptocurrency. The masternodes will facilitate Proof of Signature (POSign) algorithm. They require a signature rate of 100%
for every transaction in order to guarantee security and accuracy. They also prevent the network from being compromised because if one is compromised, others remove it by taking it offline to prevent security issues on the network.
From a total of 3584 STATIC nodes, the ecosystem comprises of tiered masternodes. Level 1 requires 512 XBY (or a combination of combination of XBY and XFUEL), Level 2 1024 XBY and Level 2048 XBY tokens.
Experience Points is an incentive rewards token or crypto designed to compensate gamers and the rest of gaming community.
Participants can earn tokens by playing video games, activities, sports, education and conservation and then spend earned XP at participating vendors either online, in-game, or on the high street (cryptocurrency exchanges).
Through a PoS (Proof of Stake) algorithm, users can hold tokens and earn by holding it in wallets. Their masternodes promises a 50% annual return on investment and require a minimum 50mln XP to operate. Nodes holding more that the minimum also receive the same hourly return of approximately 2,800XP, which dis-incentivizes hoarding and encourages users to establish more nodes to support the network.
Supernodes require 1bln XP to operate and promise approximate 200% annual return on investment. The Salesnodes is distributed to vendors, retailers, and shop owners who want to adopt XP for payment and/or promotional reasons. Although these function like masternodes, the stake cannot be split up, sold, or moved. The staking rewards are used to distribute XP to customers per the vendor’s discretion but the rewards are capped at 150% of the original stake to make sure that funds are actually being redistributed and aren’t laying dormant.
Devnodes are similar to supernodes and are granted to developers to use with their online products. Staked XP cannot be broken up or moved out of the node, otherwise the operator won't access the funds.
Geonodes connect Experience Points users to the physical world. They are responsible for distributing XP to individuals who visit a specific location, monument, or other attraction. This is simply by showing up and scanning a QR code, one can receive XP for visiting a popular tourist hot-spot or a museum as long as it is connected to a geonode.
You can read more on the project's masternodes here.
SHIELD is a project that hopes to promote personal and enterprise security as a quantum-proof protocol for addresses. This helps achieve private and completely anonymous transactions. It also seeks to replace ECDS with Lamport signatures and eliminate the threat quantum computers could pose on systems thus creating a future proof, reliable currency with unparalleled security and privacy. It also hopes to achieve instant transactions on the blockchain.
Masternodes, which require 200.000 XSH to run each, provide increased security for the network, help decentralize network governance, and help power Shield's future social media integration. The reward is around 35% of all block rewards divided by the amount of masternodes.
The platform uses Proof of Stake algorithm