Know Your Developer (KYD) Masternode Project!
KYD is the latest masternode project that I have invested in. The project attempts to fill an important gap in the masternode space. As many of you know, there is a lot of scams in masternode space with the promises of high returns. They pump the price due to low volume and start dumping the coins on new comers. KYD follows a process very similar to KYC process of some crypto exchanges. They are not an ERC-20 Token and they have their own mainnet and explorer.
What KYD Offers?
- Building a trust between the community and developers
- Makes it harder for developers to abandon the project since their identity is out there.
- Offers ICO reviews
- They sell a full package of blockchain development, wallet development, explorer creation on demand
- They have a full release of their platform in October
- They are tackling to a big gap in masternode space
- They are tackling to a big gap in masternode space.
- Their team is publicly visible on their page.
- They require payment for verification in KYD which pushes the price up naturally.
- Their coin actually has a use case unlike most of the other coins.
- Annual ROI = 555%
- KYD Price = 0.2$
- Daily Income = 30$
- Days to Break-Even = 66
- Masternode Price = 2,000$
Why I Think KYD Will Succeed?
Masternode Specs and Income Potential
Source
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Hi
I've been looking at this coin as well. In the end I passed on it.
It does have a real world use case as a business as it aims to solve an important (and annoying) problem.
The issue I have is that the market for this business is really small. And there is no on-going revenue as far as I can see.
Also why a KYD coin? And why a masternode coin? Makes no sense.
Hey Marlon, KYD's coin is a utility coin for those developers to use to get their coin verified. The use case is the payment that developers need to make. It is a masternode coin because developers are well known in the space and MN space is where most scams occur other as well as ICOs which KYD reviews as well
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