Mass.cloud

Mass.cloud

Created using Figma
Created using Figma
Provides a new method of investing into proof-of-stake (PoS) cryptocurrencies that pays out block rewards automatically and fairly across all token holders
Risk: High
Pre-ICO
Jul 12, 2017
Jul 26, 2017
100% completed
$1 416 404
100% goal completed
past
  • 1300 MASS
    =
    1 ETH
Token Details
Ticker
MASS
Company Details
Registered Country
China
Additional Details
Categories
Cryptocurrency

About Mass.cloud

Most cryptocurrencies rely on vast amounts of computing power to find a valid solution and submit a proof - of - work claim in order to obtain the reward. Examples of such currencies include Bitcoin, Litecoin, Ethereum (currently), Dogecoin, and Namecoin. As these types of currencies became more popular, the amount of energy needed to run mining hardware increases. The barrier of entry to competing on these currencies is twofold; the costs of hardware and the cost of electricity.

Recently, however, more cryptocurrencies are migrating to, or launching as, proof - of - stake. Traditionally, proof-of - stake pays out block rewards based on a set annual percentage rate (APR) in the parameters defined by the developers of the coin. More recent projects have opted to reward a static amount per block. Since most wallets don’t support offline staking, it is critical that your wallet remain online with stable and reliable server hosting. Currencies using PoS include NXT, peercoin, PIVX and soon Ethereum.

Proof-of-stake currencies and masternodes both reward primarily on the value of the wallet. The wallets help maintain the integrity of the entire currency while masternodes perform more computational - critical roles. Getting a noticeable return on vestments (ROI) in proof-of-stake currencies requires substantial initial investment. That investment is locked into a single currency. Many of these currencies do not support offline staking, so the wallet would be required to have almost continuous uptime for it to remain competitive enough to receive block rewards.

Managing all of these currencies and keeping track of trading, buying, and selling is a daunting task for people that cannot do this full-time. MASS Cloud Ltd. bridges the gap between ease of use and currency fluidity. Our platform performs the trades, buys and sells on select coins, and automatically converts block rewards to Ethereum when paid out.

Features


- Allows token holders the ability to stake securely in multiple currencies and masternodes simultaneously, while receiving block rewards automatically
- MASS tokens themselves lead to a large pool of funds receiving block rewards on a continuous basis, which will drive their value on exchanges even further

Technical Info

Technical details:  Ethereum ERC20 Token Proof of developer:  Public team

Activity

Status:
Hero Member Copper Member
VERY HIGH
Activity:
994
VERY HIGH
Merit:
523
VERY HIGH
Posts:
694
HIGH
Views:
28 892
VERY HIGH
Status:
Hero Member Copper Member
VERY HIGH
Activity:
994
VERY HIGH
Merit:
523
VERY HIGH
Posts:
3
VERY LOW
Views:
880
VERY LOW
Users:
2
VERY LOW
Followers:
1 182
LOW
Tweets:
254
MEDIUM
Members:
997
LOW
Alexa
Rank:
15 481 271
VERY LOW
Delta:
8 270 384
Year commits:
0
Watchers:
3
Stars:
7
Forks:
2
Open issues:
0

Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Last News

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