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Revenue Generating Crypto Thread
#1

Revenue Generating Crypto Thread

Ordered by approximate annual returns, which could vary due to circumstance. Ones prepended with * should be viewed with caution.

*MineX Coin
About: Coin attempting to be low volatility.
Revenue generation: Staking
Approximate annual return: 70%
Market cap: $72M
Change since early 2018 Peak: down 70%

*SmartCash
About: Zcoin fork with 'fast transaction'
Revenue generation: Staking
Approximate annual return: About 40% compound
Market cap: $72M
Change since early 2018 Peak: down 70%

Cryptopay
About: This was a crypto launched to provide capital for what was at the time (I believe) the largest issuer of BTC debit cards, since 2013. That line of business is currently on hold as bar one all crypto debit cards have been terminated. They currently offer other services like buying BTC by card and loans.
Revenue generation: The company disperses 10% of their revenue each month in the form of ETH. So far their monthly revenue have been about 750,000 EUR and 450,000 EUR.
Approximate annual return: 20%
Market cap: $3.1M
Change since early 2018 Peak: down 80%

IMO this is the best sleeper coin to consider. Solid business with the prospect of considerable growth if they can get their card program back. They've just marketed it poorly.

BridgeCoin
About: At current the 90th biggest exchange with daily volume of $2.25M. Has 97 mostly junk pairs.
Revenue generation: 50% share of exchange fees
Approximate annual return: 10% (not sure of that is correct)
Market cap: £42M
Change since early 2018 Peak: down 83%

Neblio
About: "Ethereum for business"
Revenue generation: Staking payed in NEBL
Approximate annual return: 10%
Market cap: $107M
Change since early 2018 Peak: down 86%

COSS
About: 57th exchange by volume, doing about $7.5M in trade per day; 88 pairs, half of which are junk
Revenue generation: 50% of exchange fees
Approximate annual return: 8%
Market cap: $18.5M
Change since early 2018 Peak: down 90%

Komodo
About: Privacy-focused ICO platform forked from ZCash
Revenue generation: Staking
Approximate annual return: 5%
Market cap: $291M
Change since early 2018 Peak: down 90%

ReddCoin
About: Decentralised tip platform
Revenue generation: Staking in Redd
Approximate annual return: 5%
Market cap: $145M
Change since early 2018 Peak: down 80%

KuCoin Shares
About: At current the 31st largest exchange by volume, $31M / day.
Revenue generation: 50% share of trading fees paid in a vast number of cryptos
Approximate annual return: 4-5%
Market cap: $238M
Change since early 2018 Peak: down 90%

NEO
About: "Chinese Ethereum"
Revenue generation: NEO staked in a wallet accrues GAS, which is used to deploy contracts on the network
Approximate annual return: 3%
Market cap: $3.7B
Change since early 2018 Peak: down 63%

CryptopiaFeeShares
About: 45th exchange by volume, doing about $13.5M per day on 539 pairs
Revenue generation: 4.5% share of trading fees
Approximate annual return: this seems to be about close to nothing
Market cap: $8M
Change since early 2018 Peak: down 90%

DigixDAO, which has just launched claims it will offer dividends from their gold trading platform.
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#2

Revenue Generating Crypto Thread

I'm going to trust you did your research (because I'm not interested in researching these myself, or investing) and these are legit

However, if a dividend coin relies AT ALL on revenue from coin sales it is a pyramid scheme.
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#3

Revenue Generating Crypto Thread

This is a good list. Thanks for putting it together GeWork.

Some notes on these, which are unfortunately going to be pretty brief since I'm running behind on stuff, but this is a really good topic.

General notes: There is an entire subfield of Masternode and staking coins that provide passive income that only die-hards know about.
Quick Definitions:
Staking Coin: Holders of the coin are paid dividends in the coin if they leave their wallets open. Think of it like mining the coin, but you don't need special hardware.
MasterNode: If you hold a certain amount of the coin (Usually a few thousand) you can run special software on a dedicated computer, and get paid dividends in the coin. MasterNodes typically pay more than staking because more coins = higher barrier to entry = fewer people doing it. So your share of the paid dividends is greater.

https://masternodes.online/ has a decent list of masternode coins that will provide daily passive income. Be VERY careful when buying a masternode coin, because they're subject to large volatility spikes and can be scammy as fuck. Do not believe the returns you see on that page, because they are lies. Remember that staking/masternode coins are inflationary, which means the number of stakers/masternodes will increase as time goes on, and thus your payments will go down. Coins like COSS and KuCoin Shares aren't inflationary, though.

Minex and Smartcash: SmartCash, more like Smart TRASH. I have some but I couldn't get the wallet running. (I only have such a piddling amount that I forgot I had it until I saw this post.) MineX also appears to be a dead coin with only a tiny amount of volume.
SmartCash specifically is a Dash clone with a huge amount of the block rewards going to a "community fund" that goes into marketing efforts to promote the coin. The rewards are pretty shitty but the community engagement is... or was... very good, good enough that I believe it has a Binance listing.

CryptoPay: GeWork, you were the one who turned me on to this. It's a fascinating coin and I think it has a lot of potential. Keep in mind that it will probably NEVER get onto any exchange that isn't decentralized, so don't expect huge spikes in volume or value. Also keep in mind that it's only available on ShitBTC, the cancer of exchanges. If you buy some get it the fuck off of that exchange IMMEDIATELY or there's good odds you'll never see it again. Liquidity is shit, too, so you'll likely have to spread your purchase out over several days to avoid paying a premium that will ruin your cost basis.

CryptoBridge: I love cryptobridge, it's a beautiful dex and it works great. Low fees, great revenue sharing, and they're adding ERC-20 support too, soon. Keep in mind that the hottest coins on Cryptobridge are usually not listed on CoinMarketCap yet, so revenue on the exchange is (Or was when I looked) 1.5-2.5x higher than CMC shows. I'm concerned it's overvalued, though, and would wait for a better entry unless you're a die hard believer.

ReddCoin: Trash staking coin with a high marketcap. Good exchange access though, I believe it's on Bittrex. I haven't looked at this in months, but I have a vague memory that it also behaves in very predictable TA patterns. If you're into TA keep an eye on it.

KuCoinShares: The Revenue generation number you gave is no longer accurate, I believe. I think they downgraded it a while back (Though maybe they raised it back up?) I believe it went down to 25% or 15%, or something like that. It's also high as fuck marketcap. I don't see a good future for KuCoin, personally, and I'd be cautious around this one.

COSS: Oh, COSS... I have a long and complicated history with this coin. It's such a promising exchange but they've struggled so much in the past to get things right. (In one particular dire event, they processed limit orders as market orders, costing the few people who used their exchange a shit ton of money. It will either be a top #5 exchange or out of business by the end of the year. Price is pumping now due to them adding fiat support soon, and volume on the exchange has gone way up. If you think the market is turning around, this is a good buy.

NEO: There's a whole thread on this, not much to say.

Komodo/Neblio: ETH-style blockchains that just haven't really taken off. Have any ICOs launched on the Komodo platform? I know one was going to, but I think it failed...

CryptopiaFeeShares: A fee-sharing coin hurriedly introduced by Cryptopia after Kucoin stole their thunder. It pays some hilariously low amount of fees, like 4% or something. WNB (Would not buy)


Other dividend-generating coins (Some of which are adding dividend support soon-ish but don't have it yet): DBC AURA TRAC VEN (Lots of VEN love on this forum, as you know) BITG

If anyone has any questions about these or other passive income coins I'll be happy to answer them.
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#4

Revenue Generating Crypto Thread

Good thread guys. Having re-shifted my portfolio mostly to low-cap alts, any additional fiat investments of mine are now going into passive income coins (or at least coins with the potential for such, down the line). A lot of this will depend on just how big crypto gets as a whole over the next few years, but if it really does take off and these projects stay the course then the comparative share of the total coins from just a few thousand USD investment now could be very lucrative.

The main ones I'm focusing on accumulating at the moment are COSS (as described above, 50% profit share) and CP Chain, which has been mentioned elsewhere on the forum. CP Chain will be an interesting one because they have recently confirmed there will be masternodes on a tiered basis similar to Vechain, but as of yet we don't know the exact thresholds so there's a lot of guesswork taking place. I currently have about 16k of them but I'm not sure this will be enough, so hopefully will get to accumulate a few more before further announcements are made.

There are also a few interesting mining ICO's going on at the moment, such as Ice Rock Mining and Ambit Mining but these are very high risk so I'm not piling into these majorly.
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#5

Revenue Generating Crypto Thread

Mining ICOs are sketchy as fuck. In the US at least they have a nasty tendency to be shut down by regulators, too.
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#6

Revenue Generating Crypto Thread

FYI COSS punted a bunch of wash traders off their site and exchange volume dropped 75% overnight.

90% of exchange volume is now the COSS coin, with nothing else being traded in any significant volume at all.
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#7

Revenue Generating Crypto Thread

For moneymaking ventures with Crypto:

Bitmain is a having a special on their machines, and for those of you who live in low cost electricity locales, picking up some of them for extra cash will not hurt.

Another idea would be signing up from Qryptos. This site allows users to make money by being market makers

Finally, you can always loan out cryptocoins for income
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#8

Revenue Generating Crypto Thread

As a bag holder I'm looking forward to the end of August. Chainlink nodes will be able to generate revenue by then. With your node you feed data from API's into smart contracts that corporations assign to you. Companies like oracalise get paid something like a minimum of 1c/API call, something like 80k USD/year/contract. The more LINK you have in escrow/staked the higher the value of the smart contract and thus higher pay per API call. It will basically be similar to mining in the sense you just let your computer run and you get paid for it. The difference is you have to find another contract after each one ends. I will probably run 5-10 nodes and see what happens.
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#9

Revenue Generating Crypto Thread

Quote: (04-15-2018 05:16 AM)[email protected] Wrote:  

As a bag holder I'm looking forward to the end of August. Chainlink nodes will be able to generate revenue by then. With your node you feed data from API's into smart contracts that corporations assign to you. Companies like oracalise get paid something like a minimum of 1c/API call, something like 80k USD/year/contract. The more LINK you have in escrow/staked the higher the value of the smart contract and thus higher pay per API call. It will basically be similar to mining in the sense you just let your computer run and you get paid for it. The difference is you have to find another contract after each one ends. I will probably run 5-10 nodes and see what happens.

Interesting. How much LINK do you need to run a node?

Not happening. - redbeard in regards to ETH flippening BTC
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#10

Revenue Generating Crypto Thread

Quote: (04-21-2018 03:06 PM)Genghis Khan Wrote:  

Quote: (04-15-2018 05:16 AM)[email protected] Wrote:  

As a bag holder I'm looking forward to the end of August. Chainlink nodes will be able to generate revenue by then. With your node you feed data from API's into smart contracts that corporations assign to you. Companies like oracalise get paid something like a minimum of 1c/API call, something like 80k USD/year/contract. The more LINK you have in escrow/staked the higher the value of the smart contract and thus higher pay per API call. It will basically be similar to mining in the sense you just let your computer run and you get paid for it. The difference is you have to find another contract after each one ends. I will probably run 5-10 nodes and see what happens.

Interesting. How much LINK do you need to run a node?

It's entirely speculative and the market will decide whether you will be chosen for contracts based on how much you stake. Theoretically you can stake with 0 LINK but most likely you will need some otherwise you won't be trusted since you have no skin in the game. It's said you will lose some staked LINK if you tampered or broke contract.

Setting up a node is complex but it doesn't have to be done on your own PC. You can do it on a VPS or send it to LINKPOOL. There's some guide now but I'm still waiting on mainnet: https://medium.com/@devlin.trace/chainli...f49be26a3c

Since your node needs to be constantly running I think I will put my node on a VPS like Amazon's AWS. You'll probably have to pay a subscription fee. I only have one laptop at home and it barely meets the minimum specifications (2 cores, 8GB RAM, 100GB space). LINKPOOL will be the easiest option since no set up needed, you only need to send your LINK to a smart contract address. My issue is they plan on taking 25% of your profit.
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#11

Revenue Generating Crypto Thread

Quote: (04-11-2018 03:10 PM)godfather dust Wrote:  

I'm going to trust you did your research (because I'm not interested in researching these myself, or investing) and these are legit

However, if a dividend coin relies AT ALL on revenue from coin sales it is a pyramid scheme.

I've not researched any to the extent that would be considered investment level research. Samuel has some good extras, particularly on the staking coins, which I don't really like (the coins) though I like the idea of staking to some extent, but in the long-term they all seem fairly primitive. But if you'd been staking Dash from the off, you'd probably be a millionaire or close to it just in the interest.

The only one that I listed that I am really bullish on in 1 3 year window is Cryptopay. The dividend is paid out of their revenue. They have close to a million registered accounts and recently their coin M Cap was down to about $3M. Solid business of about five years, good rep and a big following as they offered unverified debit cards with low max limits. There were people who lived out of those cards. The price against ETH has not moved, though it's gone up a few cents against USD. It's experimental, but I think it's a good a long term bet as you will get.

I quite like KuCoin, but at current think it may be overvalued. It would be great to have such a dividend coin for a top 10 exchange.

I'm only aware of two other coins that have paid out dividends from profits, though there are about 10-15 others that have yet to pay or are in development...

TaaS
About: Managed crypto fund; the underlying fund assets roughly correspond to the coin price
Revenue generation: 50% of the profits of the fund are paid out in ETH each quarter
Approximate annual return: 33%
Market cap: $48M
Change since early 2018 Peak: down 48%
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#12

Revenue Generating Crypto Thread

OmiseGo; created by Omise, a payment processing company based in Japan. Users will stake their tokens to validate transactions that take place on network. Stakers will get a cut of the transaction fees.
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#13

Revenue Generating Crypto Thread

Quote: (04-23-2018 04:08 PM)yaku Wrote:  

OmiseGo; created by Omise, a payment processing company based in Japan. Users will stake their tokens to validate transactions that take place on network. Stakers will get a cut of the transaction fees.

Any details on what returns will be likely? Required coins to stake?

Quote:Quote:

OKEx has released a coin, which is not listed on CoinMarketCap. It has a 50% revenue share (paid weekly) and from the payouts they've already made it suggests their trading volume is real. Or that they are running a giant ponzi scheme.

Some details: https://www.okex.com/pages/products/okbPromotion.html

However, it seems they're only doing that for two years. After which point the coin is junk IMO.

It was down at $0.75, with a circulating supply of 300M (total 1B). But now it's close to $4.

One payout here: https://support.okex.com/hc/en-us/articl...-6-May-25-

If you bought at 75 cents that is about 5% yield on the month, or 60% on the year. While at current prices you're looking at more like 10% on the year.

If that revenue share was perpetual it would have been a dead cert. buy, but looks like another ponzi. The coin has no meaningful utility beyond that, just like most of the other coins launched by exchanges.
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#14

Revenue Generating Crypto Thread

Skycoin is a big one. Decentralized internet you browse using sky hours. 1 sky hours gives you 1 hour on this decentralized internet.

Basically
Skycoin = NEO
Sky hours = GAS

if you have 100 skycoin in your sky wallet you get paid 100 sky hours every hour. So in one year you get 876000 skyhours which you will eventually be able to sell on exchanges or use. People have said 1 skyhour would be 1 cent.

I really like this project a lot but haven't invested yet. It's one of the projects I believe is necessary outside of Monero if it can pull it off.
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#15

Revenue Generating Crypto Thread

good thread gework!
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#16

Revenue Generating Crypto Thread

Quote: (05-28-2018 05:10 AM)gework Wrote:  

Quote: (04-23-2018 04:08 PM)yaku Wrote:  

OmiseGo; created by Omise, a payment processing company based in Japan. Users will stake their tokens to validate transactions that take place on network. Stakers will get a cut of the transaction fees.

Any details on what returns will be likely? Required coins to stake?

No clue about the returns yet; it's 100% dependent on network volume and Omise is very tight-lipped about who they are working with so far, citing non-disclosure agreements as the reason. What I like about it is that the network is open-sourced, meaning it won't be just Omise using the network. Banks, businesses, and even countries are expected to use it, generating a ton of volume to token holders.

There won't be a required number of coins to stake, though initially most people will have to go through staking pools.

They are having an AMA tonight so more details should be available then.
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#17

Revenue Generating Crypto Thread

I've managed to get into the Neonexchange / NEX ICO lottery since I last posted which is a nice stroke of luck. There is a lot of hype around this decentralised exchange, and it has a healthy profit share commitment to the token holders but the ICO is yet to go ahead due to it technically being a security and going through regulatory approvals (a wise move in the long run in my opinion). Did anyone else apply and get in? I could do with the token sale going through soon as despite it being capped at USD 1,000 per person, the price of Neo is taking a hit along with the market generally.
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#18

Revenue Generating Crypto Thread

Look into PART and their (cold) staking.

Mannbibel - Meistgelesener Artikel: Dominiere deine Freundin im Bett
Die Rückkehr der Männlichkeit - a german blog written by Ray
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#19

Revenue Generating Crypto Thread

I posted this in the OMG thread but will add it here as well. Vitalik and OMG having an AMA.

https://www.youtube.com/watch?v=qD-IbiVpcT8
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#20

Revenue Generating Crypto Thread

Quote: (05-30-2018 12:47 AM)Ray Carlton Wrote:  

Look into PART and their (cold) staking.

I did this for a while, it's relatively easy and provided good gains at launch. Not sure how profitable it is now.

As usual I suggest you only invest in a coin because you see it as an ROI positive play WITHOUT taking staking into account. View it as a bonus.

or get rekt.
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#21

Revenue Generating Crypto Thread

Quote: (05-30-2018 02:53 PM)redbeard Wrote:  

Quote: (05-30-2018 12:47 AM)Ray Carlton Wrote:  

Look into PART and their (cold) staking.

I did this for a while, it's relatively easy and provided good gains at launch. Not sure how profitable it is now.

As usual I suggest you only invest in a coin because you see it as an ROI positive play WITHOUT taking staking into account. View it as a bonus.

or get rekt.

Agree on this point.

Mannbibel - Meistgelesener Artikel: Dominiere deine Freundin im Bett
Die Rückkehr der Männlichkeit - a german blog written by Ray
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#22

Revenue Generating Crypto Thread

CryptoPay announced that their crypto debit cards should be back by the end of June 2018. That would make them the only card provider in Europe, Asia and Russia.

The June 'dividend' has risen to 0.03 euros per 100 tokens. At the current price you'd need about 2.75 million tokens to earn $1,000 per month, or a 7% yield.

With the claimed return of the card program that revenue should go up. In their whitepaper they claim to be processing over 22 million euros ($26M) per month, with 10% monthly growth and 91,000 card holders. I don't know how that translates into revenue, but suspect that the dividend will go back up to around 0.08 euros per 100 tokens. That was the first dividend, for which the card program was suspended 5 days in.
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#23

Revenue Generating Crypto Thread

Once I get some cash I will definitely buy cryptopay, seems to be a solid project
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#24

Revenue Generating Crypto Thread

Have any of you invested in IceRock Mining?
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#25

Revenue Generating Crypto Thread

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