Are These New High ROI Masternodes Too Good To Be True?

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Online ranking sites currently list ninety-five coins with projected masternode ROI’s in excess of 1,000%.

Seven of those coins advertise returns of 10,000% or more, but just how reliable are these masternodes and will they be around long enough to return an investment?

Extremely high ROI masternodes are viewed with suspicion, and rightly so. But every coin has to start somewhere, so with an objective eye let’s take a look at some of the best (or possibly worst) investment opportunities in the world right now.

AdlerCash (ADL) – 41,633% ROI

AdlerCash was announced on Bitcointalk on June 26th, and so far has no comments or community engagement. AdlerCash is advertised as a masternode investment tool, where users buy into ADL and then allow their team to invest in multiple masternodes for them, with earnings being paid out weekly in the form of ETH.

Masternodes are currently worth $2,361, with fourteen up and running already. But the projected yearly return of $983,663 is unlikely to last with a daily volume of just $4,000. ADL just launched, so expect to see it’s ROI estimate fluctuate wildly when it comes face to face with real market conditions.

Anodos (ANS) – 22,845% ROI

Announced less than a week ago, Anodos currently has no whitepaper, no website, and no clearly defined roadmap. What it does have is a carelessly misspelled announcement, accusations of code plagiarism, and a relatively high masternode cost.

One node costs $529, and with 79 masternodes listed as operational, it appears that some eager souls have been willing to take the risk on a potential yearly return of $120,000, but that’s a big risk for so precarious a coin.

Renish (RNSH) – 16,436% ROI

Renish is a good example of what happens to masternode returns when a coin’s price declines. RNSH coins have sunk in value by 90% over the past week, which saw the inversely proportional effect of raising the ROI of its masternodes.

As coins sink in value, masternode operators have to be incentivized to continue propping up the network, although such a system can only last for so long. As RNSH coins went from $0.43 to $0.043 in the space of a week, its masternode ROI went from 700% to 16,436% in the same timeframe.

Xando (XDO) – 16,248% ROI

Xando is another June launch which has seen major fluctuation recently. On June 27th one XDO coin was worth $0.41 – and two days later it was worth $0.22.

As expected, this price movement had a knock on effect for masternode operators, who saw their projected ROI jump from 680% to 16,248%.

How long this will last is anybody’s guess. XDO is already available for trade against BTC on the Graviex exchange, but with yells of ‘scam’ already being heard on the Bitcointalk pages, Xando’s future path doesn’t seem so cut and dried.

HIGHLAND (HLD) – 13,840% ROI

HIGHLAND launched in April and has since been listed on Graviex. But it has had $0 worth of trades in the last 24 hours and has seen its price tumble from $0.73 in May, to $0.006 at the time of writing. That loss amounts to over 99% and should act as a warning for over-eager investors.

One masternode only costs $24 at the current time, a drastic reduction on last month’s price of around $3,000. A minimum investment at this time could reap $3,321 per year, but will HLD still be around by then?

Lucin (LSN) – 13,346% ROI

Lucin follows the trend of masternode coin launches where nothing is advertised except the masternodes. No use case, no disruptive concept, only the promise of high block rewards.

While this is enough to entice some people to take a gamble on its masternodes – 70 are operational already – it’s also the reason why Lucin’s Bitcointalk forum pages are filled with accusations of ‘scam’.

SPEDO (SPO) – 11,640% ROI

SPEDO’s recent market movement is enough to draw suspicion – a price of $0.12 on June 22nd spiked by 2316% in less than a day, on its way to a $2.90 coin valuation.

In less than five days, that pump reversed itself and sent SPO coins back to a price of $0.02, amounting to a 99% loss.

Such volatility is symbolic of the inherent risks that come with masternode ownership. One masternode was worth $2,900 a week ago. Now it’s worth $26.

New masternode coins are popping up on an almost daily basis, and there is now an emerging industry which is beginning to mirror the ICO boom. Just like many of those ICOs, the majority of masternode coins may turn out too good to be true.

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