LOBS Investment
First of all, Hearty Congratulations Team Lobstex to get listed on fatbtc.
“If you don’t find a way to make money while you sleep, you will work until you die.” — Warren Buffett
Whether you love the quote or hate it you must agree with it. The best and the brightest minds find ways to continuously earn income whether they are actively working or not. Crypto has enabled new ways of earning passive incomes through mining, staking, investing, and masternodes. Enabling everyone to heed Mr. buffets words of wisdom and try to improve our own financial standing. Lobstex gives everyone the chance by incorporating 3 of these features, staking, investing, and masternodes (mining was available but POW phase has ended). Lets take a look at these 3 features and see how they can help everyone.
Staking
Whether you own one or a million LOBS you are able to run a wallet on a computer and enable staking. The only things needed are a computer, an internet connection and some lobs. The team tries to make this as simple and straightforward for everyone, so anyone can start earning right away. So, what is staking? Proof of Stake concept states that a person can mine or validate block transactions according to how many coins he or she holds. The more coins you hold the more blocks you will earn. Sounds good doesn’t it?
Masternodes
With a set amount of collateral you can run a masternode on the lobs blockchain. The amount needed for a Lobstex masternode is 10,000 lobs. While running a node the owner receives 60% of the reward from the blocks found as opposed to 40% for staking. With a node rewards are more consistent then staking since staking depends on the amount of coins in your wallet while masternodes depend on the amount of nodes on the network. Below are the most recent masternode stats for the Lobstex blockchain:
ROI (annual):
610.73% / 55 days
AVG masternode reward frequency:
2h 23m 11s
Active masternodes:
166
Current Supply:
7.95 mil
Coins locked:
1,660,000 LOBS
Investing
The next part of earning passive income is investing, watching your money grow and become worth more then it was when you first earned it. The opportunity of investing in Lobstex comes from the passive incomes explained above and in the coin and team itself. With masternodes locking up collateral it creates less supply available to the market. With less supply and more demand for the coin comes the increase in price. The demand comes from the Lobstex team and everything they are accomplishing to make sure your investment is a great one. Lets look at some of the numbers to express this point.
As seen above there are currently 1.66 million lobs locked up in masternodes and the team has locked up another 1.5 million. Bringing the total available supply down to 4.74 mil. This shows that currently 60% of the total available supply is locked up. These are coins that are not on exchanges and not available for trade. So out of the total available supply there are only 10 masternodes available to buy right now from exchanges. Are you feeling the FOMO yet?
With the opportunities available in staking, masternodes, and investing Lobstex is positioning itself to become one of the best coins on the market right now. Still a new coin in the crypto world at only 3 months old but now one of the only masternode coins still standing after 3 months the team is working hard, developing fast, and will be a name everyone knows and wished they hadn’t gotten in when this article was written.
Credit: Smithlite
