CryptoPolice and Nodexo partnership announcement

CryptoPolice
CryptoPolice
Published in
4 min readNov 1, 2018

Fighting scam and making the internet a better place is the primary goal of CryptoPolice. Our products and officers are doing this. Up to this point, the system required for our officers to hold and store their OFCR coins to keep the status of the officer. We are delighted to announce that these tokens will now make you extra income with the help of our new partner — Nodexo.

But how?

Keep reading, and you will know everything about this fantastic opportunity!

In this post you will learn about:

1. What is Nodexo and masternodes?

2. How to earn more OFCR by investing in masternodes?

3. what are the benefits and why you should stake your tokens?

4. How safe is this process?

5. CryptoPolice assistance to Nodexo.

Are you getting excited? Because we are!

So…

What is Nodexo and masternodes?

Let us start with masternode.

‘’Masternode are referred to as alternative full nodes, because they keep the full copy of the blockchain right from the very first block on the blockchain, to the last. They are always kept online because they are essential information sources that are of use to every stakeholder on the blockchain. Masternode is involved in ensuring that the blockchain is maintained running 24/7. For instance, they are essential for increased privacy of all the transactions happening on the network, as well as the responsible for instant transactions.

Besides, masternodes carry out all the other functions of full nodes which includes validation and subsequent addition of newly completed blocks (blockchain governance and voting), block information feeds for offline nodes that need periodic synchronising with the network, amongst others. By this, serve as a double check structure that validates the block information as added to the blockchain, by the network’s miners. This further ensures the correlation of blockchain information every time.’’

Read more: https://cryptoshib.com/what-is-a-masternode-and-why-should-i-have-one/

What is Nodexo?

Nodexo is a company based in European Union compliant with cryptocurrency regulation, AML and KYC rules.

Nodexo is a dynamic and innovative company on a mission to make the masternodes affordable and easy to access.

Masternodes are the hidden gem of blockchain where crypto assets are made by validating the transactions occurring in the blockchain, therefore, earning block rewards by doing so.

Top masternodes usually require a significant upfront investment. Therefore only deep pockets can afford to own them, and the setup process will be a tough task for a beginner. Nodexo gives investors the opportunity to own a share of a masternode and benefit from the ROI. Plus all masternodes are set up with just one click, so no IT skills are necessary.

Learn more about Nodexo shared masternode platform here: https://nodexo.io/

How to earn more OFCR by investing in masternodes?

This partnership will be quite a special one. Nodexo and CryptoPolice platforms will be connected using API. To be an official officer in CryptoPolice user must have at least 1000 OFCR coins on his account, but this API will allow officers to reinvest a portion or all of their tokens and make a profit.

So instead of having tokens simply collecting virtual dust in an account, they will actually work for our officers.

Profits will be eligible to withdraw in Bitcoin (BTC), Ethereum (ETH) or in Officer coins (OFCR) for now.

That means that you can look at Nodexo as a form of exchange that will allow you to withdraw funds in different currencies. Moreover, as time goes on more and more masternodes will be added to the platform.

What are the benefits and why you should stake your tokens?

Let us talk about benefits.

The fact that our users don’t have to remove officer coins from the platform and lose officer status is a crucial one.

Nodexo will give the opportunity to officers to multiply their income streams. Not only they can fight scam and make active income while doing it but now this system that we are implementing will allow them to make a passive income as well.

Nodexo keeps 7% commision from reward payouts that are transferred to masternode co-owners, but we have secured a better deal for those who invest with OFCR coins which is only 5% from your rewards.

How safe is this process?

All masternodes are hosted in Microsoft Azure data centers with a guarantee of at least 99.95% availability, therefore guaranteeing masternode payouts to investors. Plus all servers are located in the European Union making Nodexo GDPR compliant.

Moreover, hosting masternodes in Microsoft data center means that they automatically will be protected from DDoS attacks.

Sounds secure?

If not then here are two more facts that should change your mind.

  • Coins are held in cold (offline) wallets in all times, without the internet connection,
  • Payouts are transferred to officers manually after users request.

Without automatic withdraws it’s much harder to follow and intercept incoming and outgoing transactions from one wallet to another.

How can CryptoPolice assist Nodexo?

Every project added to Nodexo shared masternode platform first will be approved by CryptoPolice. In that way, we are ensuring the authenticity and trustworthiness of the project.

From this point every crypto project that will be added to Nodexo masternode platform list first will be tested by CryptoPolice.

In conclusion

This is the first partnership that will directly influence and help the users of our platform. Having partnerships that help us as developers are great, but we also must think about the benefits and wellbeing for our clients and platform users.

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CryptoPolice
CryptoPolice

CryptoPolice is a platform that helps bring together community and technology in order to safeguard online users against fraud.