SHIT or HIT? — Here comes TRTT?! — 61/80

Way over 2000 different cryptocurrencies are listed on well-known sites like Coinmarketcap.com and coingecko.com. It is commonly known that many of these currencies have been brought into being for the sole reason of making the creator (or often called “developer” group) rich quickly and easily. This has unfortunately worked too often — and the suffering persons were us — the users. Rarely, coins were created that were credited with real added value and could be removed from the large list of “shitcoins”.

But what is it, that makes a coin a meaningful, long-term investment? The answer is quite simple, it is the use case that exist real and logical. Many new coins can be recognized by the fact that they have no real added value, the white-papers are often just superficial or make no sense. Real improvements in blockchain are rarely seen, and most new coins are aimed primarily at using the existing blockchain a little differently. This is dangerous because it is often copy-able (almost all coins are based on the same basis on Github) and have been changed only a little, sometimes almost not at all.

There are a few currencies that arouse my interest today, but the focus has shifted to me towards coins based on the “Proove of Stake” architecture. These coins reward their users for keeping the coins and providing the network with the security of being genuine as nodes and transactions. The more an account already holds on coins, the more it gets as a reward from the network. If this reward is set too high, however, currencies quickly become worthless, simply because there are too many coins in circulation, and often there is not even a maximum limit, which ultimately makes the value almost zero.

Some coins also offer the option of creating so-called master nodes, i.e. nodes on which a certain amount must lie, and which remain accessible in the network and serve as a mirror of the transaction history. The most popular website for finding this masternode-coins is “masternode.online”. But finding the right coin here is not easy. Coins that offer too much so-called “return of investment (ROI) are usually very short-term shitcoins; Coins that give a very little ROI, on the other hand are unattractive, because you would have to look very optimistic in a very long future to someday see your investments again.

So how can we detect a good Masternodecoin? We must make a list of criteria that are important to us. For me, that are the following:

Do we like the name of the coin? Is there a use-case that sounds logical and conclusive? Is there an active community and an active development behind the coin? Is a masternode valuable enough so that not too many new ones are created too fast? Does the price not fluctuate too much? Is there a maximum supply? Is there still time until this will be reached, if available? What is the monthly expected return of investment? Is the currency not only in the hands of a very few people (then often the developer, but halfway distributed, because that ensures a long-term interest from the team?

From time to time coins are given to me, which I should analyse under my list, so in this case, that is the coin “Trittium”.

Here are the results for this case:

The name Trittium is pleasant to pronounce, but prone to spelling mistakes such as “Tritium”, “Trittinum” or similar, the name does not evoke any associations and is difficult to remember at the beginning. At this point we give the name only 3 out of a possible 10 points.

Trittium has founded a company and the team behind the foundation is announced. The coin should be used in an area in which there is competition, namely loans for which bitcoins should be deposited as collateral. However, the coin shines with a very good front-end developer, so that at least visually the usability is given. In addition, the use cases per se, of course, is conclusive, if users resort to this service. Positive to mention is the desired linguistic diversity. The simple navigation and thoughtful navigation look very promising. For this we can give 6 out of 10 points, which is quite an above-average value.

The community behind the project is active and friendly, but we are still waiting for more activity in the outdoor presentation and voting — since other coins clearly have the nose ahead. The developer, however, leaves little to be desired in terms of activity and transparency. Quick answers, visible progress in development (here you also see, there is also a front-end specialist at work) make fun and a confident mood. For this activity we give once 6/10 and once 10/10 points which results in the arithmetic mean 8 of 10 points in this category!

A single masterternode for Trittium costs about 1750 USD. This price is exactly in the 1500–2000 USD perfection limit and therefore gets the full score: 10.

Price fluctuations are partly due to the many announcements of the developer to explain, but therefore quite available. The mood of the community seems very positive, which often catches a strong price drop. Rather few coins are currently on sale. Despite the fact that the price is still limited despite the fluctuations and tends to rise in trend, we still have to give a rating of 7 out of 10, although we want these fluctuations to subside.

A maximum supply of 500,000,000 Trittium is available. This value seems quite high to us. We can only hope that the number of users will increase significantly so that this number is well distributed, long term. The reaching of the border will still take a good time in our eyes, so that there is still a good incentive for new investors to board. Therefore, we give here even 8 out of 10 points, with only the maximum supply has forced us to deduct these 2 points.

The monthly return on investment (ROI) is currently around 27.5% and therefore 7.5% above our optimal value. As a comparison we want to say that we have already seen coins with more than 1000% monthly return and those with less than 3%. So even though this value is too high, it is still perfectly legitimate and justifiable! Therefore 9 out of a possible 10 points.

Let’s come to an important point, how the coin is distributed within the user base. 85% of users own about 80% of the coins. This is a very strong value that really appeals. Full score 10 out of 10.

In the end, that makes 61 out of 80 possible points.

We were surprised when we took a closer look at the coin, because apart from the name and the somewhat too reserved community there was hardly anything to complain about to Trittium. This coin rises directly to a real insider tip, which we can highly recommend. We suspect that Trittium, thanks to the active developer and the good values ​​as well as its use case, has a very good chance of becoming a real long-term investment that can reach a break-even point after about 4 months.