MARKNetwork Product preview Part 3:

Blockchains supported by MARKMining Part-3

Short summary of the article:

“Do not get left behind!”

»The basis of risk categorization of Masternodes hosted by MARKMining is the product or services offered by them. The final part of our educative series gives you details about our High-risk(Red) category Masternodes that are promising and innovative enough.«

MARKMining Shared Masternodes as a Service

The Masternode ecosystem is becoming very attractive!

 

Does that mean all Masternode projects are equally innovative? Well, not in general. From a very basic perspective, the project must have something unique to offer to make staking worth it.

 

A very important question: Is there any product or service backing the project? That is the basis of MARKMining platform Masternode categorization. In our last 2 series of “Blockchains supported by MARKMining”, we discussed Low-Risk (Green) and Average-Risk (Yellow) categories of Masternodes.

 

We have grouped the less tenured Masternode projects in our High-Risk (Red) category. These projects have a strong team and standard documents but are yet to deliver a complete product or service. They made it to our list of Masternodes because they exhibit potential but have not created a strong industry foundation yet. Let us get into the details of these projects: 

 

High-Risk Coins

 

PayDay Coin

 

Ticker – PDX 

What is the project about? 

PayDay coin is a blockchain initiative that will revolutionize the financial industry by connecting loan seekers and loan providers over a P2P platform. The project focuses to build a global direct lending market where the interest rates will be affordable and loan disbursals will be rapid.

 

The PayDay platform participants can exchange resources and enjoy resistance towards the complexities of interest rates of their country’s economy.

 

PayDay coins will be used to issue and repay the loan. The platform user can choose the loan deduction frequency, maintain the loan history and enjoy high-speed loan disbursals driven by smart contracts. The platform auditors assign user ratings to develop a trustless ecosystem. 

Who built the project?

The project is founded by Marina Morozova (Los Angeles) and she brings 8 years of business development management to PayDay.

How does the team look?

The project is founded by Marina Morozova (Los Angeles) and she brings 8 years of business development management to PayDay.

How long has PayDay been around?

The project was founded in December 2017 and have the Whitepaper, Website and exchange listings in place.

What milestones have they achieved?

In February 2018 PayDay team launched native wallets and introduced its Web Wallet in October. The roadmap for 2019 looks promising enough with KYC and auditor Masternode releases and the Payment gateway releases for the first quarter.

 

SkyHub

 

Ticker – SHB

What is the project about?

SkyHub is a blockchain-based marketplace that serves the online booking industry. The platform eliminates the middle-men from the online booking industry who inflate the prices without adding any value to the ecosystem.

 

It is evolving into a trusted P2P platform that connects buyers and sellers. It aims to bridge the existing gap between online and traditional travel agencies. The inherent advantages of the platform are decentralization, low booking fees, instant and zero transaction fees.

Who built the project?

The information about the founder is yet to be submitted on the website.

How does the team look?

The information about the team is yet to be submitted on the SkyHub website.

How long has SkyHub been around?

The project was initiated in Q3 2018 and has been actively laying the background of the project like creating the Genesis block, launching the Block explorer, and the Whitepaper release.

What milestones have they achieved?

SkyHub development team launched the SkyHub Network test and mobile wallet in Q3 2018. In Q4 shared pools were delivered along with executing an aggressive marketing strategy. As per the roadmap, online decentralized booking platform will be launched in Q2 of 2019.

 

SafeInsure

 

Ticker – SINS  

MARKMining: Full and Shared Masternodes as a Service

What is the project about?

Safeinsure is an upcoming decentralized insurance marketplace. It will bring global access to insurance policy buyers in a more democratic manner. The marketplace promises to protect insurance frauds, eliminate the high premium rates and expedite the claims and payments.

 

An intermediary-free marketplace aims to offer competitive price discovery to the insurance buyers throughout the globe. All the product buying and claims will be processed in SINS, the native currency of SafeInsure.

 

SafeInsure is creating a trusted marketplace where insurance buyers can choose the coverage that is required and suits their budget. 

Who built the project?

Petr Kovacic founded the project in Q1 2018. There is not much detail available about him.

How does the team look?

We just have the names of the team member but no experience details. The project is being led by Norman Callum – Senior Blockchain Engineer.

How long has Safeinsure been around?

Established in Q1 2018, Safeinsure assembled its core development team and launched SafeInsure Private testnet in early stages of the project.

What milestones have they achieved?

The major milestones were achieved in Q3 of 2018 when the team released its wallet, Mainnet, and website. At the same time, it started working on its marketing campaigns for building partnerships. According to the roadmap, SafeInsure system design and development will begin in Q3 and Q4 of 2019.

 

Gold Poker

 

Ticker – GPKR

What is the project about?

Gold Poker is a project that bridges the gap between cryptocurrencies and online poker industry. It focuses on maximizing the privacy of online poker players. As a decentralized open source project, it facilitates anonymous payments in the form of P2P digital asset transactions. The transactions will be kept private and the transaction fees will be minimal.

 

Masternodes are the backbone of the project and more the Masternodes higher will be the privacy. 

Who built the project?

No founder details are available on the website.

How does the team look?

Gold Poker development team is very active and responsive on multiple social networking channels although we do not have the names from the team, the project is supported by a growing community-driven on Discord, Facebook, Twitter, Reddit, Telegram etc.

How long has Gold Poker been around?

The project started in Q3 2018 and achieved a lot in this short span of time. The website launch, Social Media platforms set up, exchange listings, Explorer launch, and Whitepaper release sets up a strong foundation of the project.

What milestones have they achieved?

Mini Poker Room’s beta was released in Q4 2018 and the roadmap of 2019 seems to be full of development activities. In Q1 the team will be launching Mobile wallet and will build partnerships with online casinos.

 

Energi

 

Ticker – NRG

What is the project about?

Energi is the project that is focusing on making cryptocurrency easily adoptable for the world. As a self-funding cryptocurrency project, Energi will eventually evolve into a smart platform.

 

The long-term development of its technology platform and community is ensured by Energi’s self-funded treasury emissions. Further mass adoption will be fostered by its strong governance mechanism driven by community decisions. The development team is already working on its smart contract platform.

 

It also promotes a stable cryptocurrency ecosystem and reduces centralization as it chose not to go for ICO and pre-mining.

 

The project supports use cases like Masternodes, Mining, DApps and NRG as a utility and store of value token. In near future, it also promises a blockchain support Incubator program for startups. 

Who built the project?

The project was founded by Tommy R (aka TommyWorldPower) from Scottsdale, Arizona, USAwho stands respected as a mentor and influencer in the cryptocurrency ecosystem since 2013. Tommy R has a very strong understanding of the technology and economics of the cryptocurrency and many established investors seek his guidance.

How does the team look?

A big team behind Energi makes the project look quite promising. President Ryan Lucchese brings his years of software development experience to the team of full-stack, blockchain and front-end developers.

How long has Energi been around?

The project started in Q3 2017 and did not head for an ICO. It waited for Energi Masternode reward generation to make sure an even distribution of Energi coin happened.

What milestones have they achieved?

The Energi development team began the fundamental development of the project in Q3 of 2017. In Q4 2017 it implemented ASIC-resistant EnergiHash algorithm that was followed by Testnet and Block Explorer going Live in Q1 2018.

 

In Q3 2018, the Energi Masternodes went live and the Masternode reward generation started on Sept 18th, 2018. The development team targets to deliver Energi 3.0 with Ethereum-compatible smart contracts by Q3 2019. 

Conclusion

We advise you to conduct your own research before you participate in a Masternode. This blog series is an educative effort by the team behind MARKMining. Our team will be updating the information provided in these blogs and we will be adding more projects to our Masternode hosting list.

 

Stay tuned!

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