As you all may have seen we will be bringing on masternodes to the Skrumble Network Project, and we are finally ready to reveal some key information!

What Are Masternodes?

So, you may ask, what specifically are masternodes? Here’s our definition:

Within the blockchain and crypto world, masternodes are seen as a good way for individuals to park their crypto, support great projects, and gain intel on the crypto community. Specifically, masternodes are a computer or collection of tokens used to validate and transact across the blockchain.

We’ve mentioned rewards on rewards, in the past, but what exactly does this mean? By ensuring your masternode is up and running 24/7, ensuring they maintain transactional transparency, keep the blockchain in operation and make sure everything is working smoothly

How Will SKM Community Members Benefit From Hosting Masternodes?

We are giving our SKM community members the opportunity to host their very own masternodes and receive incredible rewards. Not only allowing you to stash your tokens for later, but also giving you the chance to reserve your spot to help us achieve consensus when we release our Main Net in Q1 of next year!

The best part… anyone from our SKM community can obtain a masternode! Yes…anyone! Exciting right?

Details For Obtaining A Masternode

What is the number of SKM tokens a community member will need to have to host that a masternode?

500,000 SKM

What is the initial number of masternodes that Skrumble Network will allow?

88 masternodes

How Will The Skrumble Network Masternodes Work?

Skrumble Network Masternodes are going to lock up your tokens for x amount of time, and by doing so you will receive incredible REWARDS!

  • Lock for 1 month (receive 10% of rewards annualized monthly)
  • Lock for 3 months (receive 25% of rewards annualized monthly)

We want to thank our amazing community once again for showing their continued support of our project!! Final sign up details will be announced before July 7th and will go live July 12! Stay tuned!

Stay tuned for more information on Grand Masternodes coming soon!

Visit our Telegram group to learn more about Skrumble Network: https://t.me/skrumble

About Skrumble

Skrumble Network is a completely new, innovative blockchain and application that centers on creating the most secure connections for communication possible. It will be a blockchain uniquely optimized for secure communication-centric connections and transactions, a decentralized social media communication application, and a communication layer for developers to build into any application. With no middle entity or centralized server host in between to censor, block or manipulate any data, Skrumble Network’s blockchain and application will be a catalyst for data privacy and help to truly democratize communication on a global scale.

Learn more about Skrumble Network by visiting skrumble.network.

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Author: Shelby Pearce

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