Bi-Weekly update for the BlacKrypto Masternode Pools. Sponsored by Black Soap Club - Making it Easy to Buy BLACK!
|Initial Value of All Active Masternodes||$32,004.39|
|Current Value of Rewards Received from Active Masternodes (since 5/20/18)||$5,730.17|
*Keep in mind, the USD returns are calculated at the US Dollar value of the coin at today's prices, but if you had been selling your rewards for BTC or USD, actual returns would be different
The MCT masternode is up and running although the price has taken a beating since we started fundraising for it along with most other masternode coins beside BWK, which is still holding steady.
We're still accepting deposits for BWK masternode #4, which is about 30% funded so far. BWK has been relatively stable since we launched the first node back in May, unlike most other masternode coins so we feel it will be one of the more relatively stable coins in our masternode portfolio and wanted to open another one up to people who missed out on the first 3. We've also opened up another GIN masternode for funding and there are still plenty of shares left.
The AEG reward reduction happened as scheduled and now each node is generating 10 AEG instead of 56 per reward. At first glance this seems like a bad thing because each masternode will be receiving fewer coins, but in the long run, this should help improve the price performance by reducing new supply of coins (basic supply/demand economics) assuming the AEG actually launches a useful product that generates demand for AEG coins. So now we're in HODL mode on AEG.
On another note, our goal is to automate the service so it will be easier to buy/sell shares and monitor your account. However, we need much more participating to justify the expense, at least $100,000 worth of masternodes under management. Please tell your friends and consider contributing more yourself if you're already a shareholder. This is something you should be doing as an investment tactic anyway...dollar cost averaging. Rather than making one-off bets, make weekly or monthly contributions so you're not trying to time the market, which most people are terrible at.
Remember, the BLKS coin is now live and you can purchase and HODL as well as use them to buy masternode pool shares and BlacKrypto Society membership. Check the BLKS coin page for more info.