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Bob’s Gem of the day 19 -GINcoin (GIN) – Masternode Storage For Beginners!

Gem of the day 19 -GINcoin (GIN)

Current price:

$1.61 USD

All time high price:

$15.72 (-90%)

Stats

Daily % +0.3%
Weekly % -24.5%
Monthly % -16.5%

Market Cap

$6,600,642 USD

Volume (24h)

$22,480 USD

Circulating Supply

4,089,817 GIN

Max Supply

4,093,857 GIN

Rank 350

Social:

ICO Details:

No ICO

What is GIN?

  • GINcoin’s main purpose is to increase the likelihood of masternode mass adoption.
  • It achieves this in two core ways by allowing non-technical users to deploy masternodes through a GUI-based, easy to use interface
  • It also enables users to pool their funds together and share a more expensive masternode – e.g. Dash
  • They have a working platform ( https://p.gincoin.io/#!/ ) with over 1800 hosted masternodes ( market value over 10,000,000 USD and support for 17 coins.
  • New coins are added over time
  • GINcoin is used to pay for the hosting fee and is used in the shared masternodes service.

  • Above is a snapshot of the platform!

Why I like GIN:

  • GIN Platform is designed to enable users with little technical knowledge to set up masternodes (MN).
  • By setting up a masternodes via the GIN Platform users are able to earn a passive Masternode income
  • This means you do not have to set up the tech on your own server.
  • Upon launch the platform has created a huge buzz
  • This project aims to simplify the process of masternodes creation and ownership.
  • The platform allows for instant and anonymous validation of blockchain transactions using turnkey masternodes.
  • This platform has been a major hit for crypto-enthusiasts with little or no technical understanding of the process.
  • They are working in partnership with Civic.
  • In the GinWallet you have a secure place to store your nodes.
  • Through GinMining you can mine alongside other miners in the GIN community as a pool.

Risks:

  • Like all projects right now there is a lack of liquidity. This is really a long term play.

 

Rating:

9/10

  • I LOVE the idea behind GINcoin. A working, fully functioning platform created solely for the purpose of masternode staking. A home for MN’s. Who doesn’t like free money? Now you’ve got a secure platform to keep them safe on.
  •  Set up maternodes easily and earn passive income. It really is that easy!

Links:

Exchanges:

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