Lowering the entry point
of a Masternode.
The concept of Goldnode is simple. Setting up a Masternode is expensive and requires a lot of knowledge so we offer a simple and intuitive platform to spread the costs and effectively lower the entry point, by introducing seats that resemble a share in a Masternode.
Continuous development is the strength of Goldnode and our IMO masternode platform. We are always working on improving our services, platform and technology we use.
Goldnode takes security very seriously. Only one of the team members has access to our keys and they are stored in an encrypted database using the best and most secure encryption algorithms currently known.
We never ask for your private key ever. All transactions occur on a totally separate system outside of Goldnode.io Web Platform.
There are no recurring fees.
The seats we take in the masternode are compensated in the price we display on Goldnode meaning that you pay a bit more per seat as a one-time fee.
When your ETH are transferred to participate in an IMO, your ETH will be locked during the runtime of the IMO. When the IMO is completed your ETH will be used to pay for the various aspects of setting up a masternode. When the masternode is running your seats will represent a license and your share in the masternode.
In order to withdraw your ETH we have two options:
The purpose of KYC is mainly to ensure that unqualified people trying to involve in illegal money laundering activities can be stopped. Goldnode services are strictly forbidden to be used to convert money obtained under illegal money into legitimate assets.
After Masternode is up and running rewards start to come in. Each week (fridays) we will transfer all the native rewards (please read about payouts) and distribute them to seat holders. You can follow your rewards in your dashboard (it updates every hour).
What happens when we don’t gather the funds in time?
We either extend the time or dismantle the IMO. Dismantling means we pay every participant back their initial transfer of ETH (minus ETH network fee).
Masternodes require, as well as contributing mining power, a thorough investigation regarding many aspects to make the coin or platform worthwhile.
This means the risks are the same as with current day mining which are:
The concept of Goldnode.io is pretty straightforward but we are very ambitious about this project. We have loads of ideas for further developing our platform.
To give you an insight into our development we have created the roadmap for 2018.
The most sought-after feature that we are developing is the Seats Marketplace for your shares.
Whenever you refer a new user that purchases seats in a IMO that has finished succesfully, you will earn Virtual ETH.
The collected Virtual ETH represent a value which you can use to purchase seats in open IMO's.
A Goldnode referred person is tied to you indefinitely, so all purchases done by the referred person in succesful IMO's will result in a increase in your referral points. Read more about our Referral Program
You find your Referral URL in you Dashboard.