Hello Steemians!
This post is about MIDAS Investments (Ticker name: MIDAS) – The Most Convenient Investment Platform! This project supports an online Masternode and Proof of Stake platform in which users can manage their investments in one place! MIDAS can be used on the platform to reduce usage fees, as well as pay for coin listing.
MIDAS has an impressive ROI, which according to Masternodes.Online is a whopping 3,896%! This may seem high, but really it is a great way to reward the early investors of the project. The average time per block is 120 seconds, meaning that max supply will not be reached for over 5 years. The block rewards have already started to decrease, which will create a scarcity in the market and drive up the price per coin. Here is a breakdown of the block rewards:
The max supply of MIDAS is a small 5,000,000, making every MIDAS coin rare and valuable. However, 25% of the revenue generated on the MIDAS investment platform will be used to purchase coins from the market, which will then be burned. This will make the total supply lower than 5M in reality.
The devs of this project have only taken a 2% pre-mine, which is being used for marketing. Instead of a high pre-mine, there is a 5% dev fee from the block reward, which will be used to acquire sponsors, and further the development of the project.
MIDAS is off to a fantastic start and is taking the market by storm. Currently in the beta phase, it is exciting to think what the future holds for this project upon full release. MIDAS is available for purchase on the CryptoBridge exchange.
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For more info on MIDAS:
Website: https://midas.investments/
Masternode Information: https://masternodes.online/currencies/MIDAS/
Whitepaper: https://midas.investments/assets/midas.investments-wp-1.0.0.pdf
Discord: https://discord.gg/crFw4h3
Exchange: https://wallet.crypto-bridge.org/market/BRIDGE.MIDAS_BRIDGE.BTC
