MASTERNET

An individual’s worth depends on what he or she does with his or her money when it is available at his or her disposal. Some people choose to squander all the money they get with the hopes of getting some again. These people are those who become very broke to the extent that some end up selling all that they have acquired and come back to square one when sickness sets in because they never knew how to invest money into a venture. Whiles, there are others too who enjoy but are conscious of the fact that riches have feathers and can fly away from you anytime if not taken care of properly. They, therefore, invest in a lot of ventures which is very good, however, at the end of the day, some of these good investors meet the same fate as those who squandered all their money. This mostly happens to investors who invest online. The fraud involved in some of these projects online make investors’ sometimes loose huge sums of money that they sometimes do not even rise again.
Investing in cryptocurrencies can one of the most profitable investments ever but also be very fatal in the cases of fraud. Therefore investors find it very difficult to invest in any new cryptocurrency with the fear of losing his or her investments. They there trade with the cryptocurrency they know is widely used and has been in existence for a long time, thus the reasoning why Bitcoin is widely used. It may have its difficulties in trading with but no investor is will to risk huge investment on new but improve cryptocurrency. That fear is always there. This has stippled the growth of other cryptocurrencies that are not well known.
Investing in cryptocurrencies involve the use of blockchain. A blockchain is a growing list of records, called blocks, which are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. By design, a blockchain is resistant to modification of the data and has other valuable characteristics such as transparency and immutability. Anything that involves trust, contracts and value exchange can be moved onto a blockchain.
Even with these benefits of the blockchain, investors and users still find a chance of losing their investment when the number of people using the cryptocurrency is few. There is no need to look further. Masternet has the solution to all these discrepancies. Masternet is a Multi-system Interconnected Platform which builds up strong and healthy communities in the cryptocurrency world and integrates them with other blockchain projects, especially projects in the Akasic Network system. The communities will provide mass adoption and support for their products, which ultimately benefits all sides: the communities, the blockchain projects, and the world. They have three important points to help achieve all the goals that investors and users sought to achieve and these points are as follows:
• Firstly, they build strong and healthy communities that are suitable for the Akasic Network ecosystem as well as other different kinds of projects.
• Secondly, during the community development stage for the Akasic Network ecosystem, they also seek for potential blockchain projects that might be still in early stage and do not have a strong community to support it and then help it to develop to an enviable height by coordinating to help increase the community members.
• Finally, the Masternet community will be rewarded with a proportion of the Akasic Network ecosystem revenue as well as the revenue for other projects.
The revenue is generated from transaction fees when a member uses the MASH to make payments, trade cryptocurrencies, among others (MASH is an ER20 Token, which was developed on the blockchain platform of Ethereum, one of the most powerful and secure blockchain ever made). And at the end of the week, the revenue generated is shared among registered MASH holders who lock a number of MASH tokens according to the package they choose compared to all registered MASH holders, while the other part is used for the day to day running of the project.

Masternet has a mission to foster blockchain development and adoption in particular and increase the world’s efficiency in general by bringing healthy communities to potential and practical blockchain projects, making sure they survive and thrive benefiting the people at the same time.

FOR FURTHER READING
MASTERNET WEBSITE https://www.livecoin.net/en/trade/index?currencyPair=MASH%2FBTC
AKASIC WHITEPAPER https://drive.google.com/file/d/18tV_4vq0C7-8IFbpLLthQvWCtZD1pWIl/view

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