By HM - MN.Investments content producer, Midas.Investments
Midas announces the listing of Mobinode (MOBI) to the Midas platform as an Instant Share. Invest today to receive instant rewards.
What is Mobinode and what does it offer?
Mobinode is a masternode management tool designed to work on mobile phones. There is quite a few masternode tracking and investing services on the web recently. However, most of us in the cryptosphere probably prefers to check prices or monitor masternodes on the go rather than being stuck at the desk all day long. Mobinode platform and its associated mobile app provide a solution to this issue.
There are two main functions provided by the platform. Mobinode as a digital wallet can work with several cryptocurrencies on the market. It allows you to store, send and manage your crypto portfolio. The wallet is stored locally and encrypted with 12-word mnemonic phrase. Password protection and two-step verification provide the extra layer of security. Smartphones with fingerprint and facial recognition are supported as well. Other interesting features in the future include trading/exchange of coins within the app and 24/7 customer support.
Mobinode as a masternode management tool allows you to monitor masternodes anytime and anywhere. You can receive notifications if your nodes are expiring or if they receive rewards. A transaction panel will help you keep track of your coin inventory. It is unclear if Mobinode will provide masternode hosting itself or will partner with other services.
The app will also act as an information hub for you to receive updates, announcements and any development from coin communities that you follow. There will be a section in the app dedicated for new coin promotion, but the team mentioned in the whitepaper that advertisement will be balanced with airdrop/giveaway incentives from the user perspective. There will be a built-in messaging system for members to communicate with privacy and security protection.
All of these services will come at a price, and they will be paid in the platform’s native MOBI coins. As such, MOBI coin value will be highly dependent on the quality of services provided by the MOBI platform. Pricing structure is not available yet. The coin itself is supported by the proof-of-stake consensus algorithm and a network of masternodes.
Team is anonymous.
Where can I purchase MOBI?
Total supply: 35,000,000
Consensus algorithm: MN/quark/proof-of-stake
Masternode collateral: 1000
Block time: 60 seconds
Block reward: variable rewards depending on each block height with MN/PoS split of 80/20
Can I get more information about MOBI?
Why have Midas offered MOBI to our community?
Midas have identified 2019 as the year of utility - projects can no longer exist solely by offering high masternode rewards to investors. We are taking large strides to be at the forefront of the shared masternode space, listing only projects we have identified as having strong fundamentals, potential for long term success and plausible application in real-world use cases in sectors that blockchain is poised to disrupt.
Do you want to become a Midas partner?
Midas is looking for great projects to join us on our journey. Get in contact with the team via Discord for more details, and visit midas.investments for information on our project, team and road map.