Are you a masternode coin investor? Well, have I got a coin for you...keep reading!

titanadonis (26)in #catocoin • 6 years ago (edited)

Take a deep breath! The new masternode coin I am going to tell you about has me just that excited. We've all been waiting for a long time for a coin to come that can do theses things. Especially for those that invest in masternode coins to produce a monthly passive income stream.Go grab you coffee and sit back for a few…

First, l'll cover exactly what a masternode is and its functions in the cryptocurrency space, and how the network benefits from them.

masternodes are wallets that have met the collateral minimum to function as a masternode
lock in and confirm transactions
coordinate mixing of funds, and
maintains a full record of the blockchain in real-time
increases the privacy of transactions
helps protect the network against attacks
always up and running 24/7/365

Next, Cato Coin has created a outside the box tech called NextGen Technology, that will transform the way that rewards and collateral requirements are based on for calculations for masternode coins starting today.

Again, Cato Coin has developed this new coin technology that will link together the rewards and collateral requirements, of which will directly correlate to the amount of masternodes running. The old method or standard was totally based on the blockchain. The masternode standard was more of a guessing game. The rewards structure was based on an assumption of how many masternodes would be running and at certain point in the future and that’s how the rewards were to be distributed. This NextGen Technology will incorporate some really forward thinking algorithms that will accurately determine how many masternodes are active, and then automatically adjust both the rewards and the collateral requirements accordingly. With this advancement, Cato Coin will be the first and only masternode coin that will guarantee your return on investment(ROI) today as well as into the future. So for the investor, whether a newbie or a seasoned one, this NextGen Technology will allow you to see great short term profits, as well as long term ROI, well into the future, no matter how many masternodes are running.

Next, Cato Coin wanted to address certain typical problems plaguing the masternode world. Here’s the problems, and how the NextGen Technology will be the solution.

Over supply of coins: This is the main reason many coins don’t make it to the finish line. Most coins will increase rewards the longer the coin is on the market, however, this aids in creating too many coins. Lots of supply, little demand.
Solution: With the use of the NextGen Technology, this will not happen, due to the link between the rewards and the amount of masternodes. As the rewards increase so does the required collateral. Early masternode investors and their unfair advantage: Normally, the first few masternode owners get to reap the really large rewards, due to the fact there are loads of rewards and only a few masternodes. Solution: The use of accelerated rewards for the first 30 masternodes, without having to increase the collateral to keep the dilution as low as possible.
Panic Selling: This is when the weary investor thinks too much, are worried about things or did not do their research. They sell to early or buy to late. This allows the calm investor the opportunity to pick up coins at a greatly reduced price. Who then turns around and can resell cheaper and still make a small profit.
Solution: As the collateral requirement increases after each 30 masternodes are sold, those that want to add a node or purchase their first one, will need the coins, so they can’t sell them. Once a masternode has been put online, it will remain there, even when the collateral for others have increased. This makes the coins more valuable. In the future, masternode owners will be able to list and sell their masternode to others in the Cato Coin Masternode Exchange. So members can, buy and sell, rather then just shutting them down.

Coin developers lack of knowledge of coin economics: By the time they see that there is an over supply of coins, it’s too late. So what do they do, they decide to fork, or increase the collateral. If this doesn't work, some developers just walk away!
Solution: The NextGen Technology takes into account the laws of supply and demand, supply curves, demand curves and perceived value among others. The rewards go up over time, the collateral will outpace the rewards increase percentage wise, which maintains the demand.
Underfunded Coin Developers: Most developers have to conduct a pre-sale to raise the needed funds for exchange listings or bounties for advertising. Again, this gives those early investors and unfair advantage.
Solution: Cato Coin is well funded. All of the pre-development cost are paid. Money is already there for exchange listing, as well as for masternodes.online listing.

Coin Dilution: The majority of coin developers literally pour their coins onto the market. They do give-aways, airdrops and even trivia contest. The free coins are the easiest for investors to part with, the sellers have nothing to lose, and everything to gain. This helps to drown the coin before the coin has a chance to thrive.
Solution: Cato Coin will conduct promotions for Twitter followers and Discord members and such, however they will be paid in BTC, and not Cato Coins. Thus, preventing any coin dilution.

Like they say good things come to those who wait. From an masternode investor standpoint, we should be able to invest in a coin with a guaranteed ROI, and minimizethe risk to as low as possible. To get started, download the Cato Coin wallet from the website base on your operaationg system. Next, purchase the required 2400 coins that are needed as collateral at this time. (Keep in mind that this can Increases as reward increases). And then, deposit coins into wallet. Last, connect and sync wallet to the Cato Coin blockchain and you’re all set. Now you’re creating passive income daily. All the while be rewarded for supporting the Cato Coin network...easy peasy!

Cato Coin Roadmap:

Cato Coin short range plans:

Begin Translation Bounties on BTCtalk
Run promotions on Discord for Invites, Retweets, FB shares, etc.

Cato Coins long range plans:

Create Mobile wallet and allow staking from wallet
Create Masternode exchange for MN owners to sell or bid on MNs
Release updated wallet that interfaces with exchanges to show real-time value of coins & replacement value of Masternode
Research viability of a ‘sharded’ block chain for CatoCoin wallets

Lastly, the team behind the scene, that are making waves. The main man behind the NextGen Technology, has over 30 years of professional IT experience, an has worked with numerous blockchain projects even some cloud migrations. He is an active miner, and an investor in masternodes for the past two years. The other members of the team all have extensive backgrounds in cryptocurrencies as well as development. They are with you for the long journey into the future. If you need anything, look them up, they are here to help and answer any questions.

Cato Coin announcements & Milestones:

7/4/2018: Cato Coin listed on World Coin Index: https://www.worldcoinindex.com/coin/catocoin
7/6/2018: The OFFICIAL Cato Coin Telegram page has come online: https://t.me/catocoin
7/8/2018: Cato Coin has just inked a deal to create a simple to use portal for non-technical investors to purchase and trade Cato Coins
7/8/2018: Cato Coin is now listed on Delta App: https://getdelta.io/download
7/8/2018: Cato Coin now listed on Masternodes.Pro: https://masternodes.pro/statistics
7/9/2018: Cato Coin introduced its very own Shared Masternode Service..get in while you can! https://discord.gg/c7EMXQQ
7/10/2018: Cato Coin now listed on Masternode.live: https://masternode.live/currencies/CATO/CatoCoin