The prices of digital coins that offer Masternode staking have suffered in 2019, crashing additionally despite the incentive to hold onto the assets. The market prices have also sunk against Bitcoin (BTC).
Masternodes Promise High Returns
The promises for passive earnings from various Masternode forms have failed to materialize, shows recent research by Messari. Categorizing coins based on their Masternode functionality, it is easily visible that holding onto the coins has led to deeper losses, often not offset by the node rewards.
Masternode networks have weathered a rough 12 months priced in BTC.
Filter assets for yourself by returns, sector, network type, hashing algorithm, and more with our Pro screener: https://t.co/e6q0pTum5a pic.twitter.com/GPIvN3Dn1W
— Messari (@MessariCrypto) September 16, 2019
The Dash (DASH) network suffered a loss of 70.66%, a significant blow against those that bought a Masternode of 1,000 DASH.
Blocknet (BLOCK) suffered one of the deepest losses of more than 80%. The Blocknet node requires 5,000…