/biz/ - Business & Finance

>>10929983
Consider Stakenet. Used to be PoSW Coin. They did a rebrand and coin swap in May. First to market with "trustless" proof of stake. I get staking rewards rather frequently whether my computer is on or off. No need to keep the wallet open 24/7. They had an executive director from JP Morgan join on as an advisor back in June and made the news on Nasdaq.com because of it. Their online staking service is active and growing (ideal for smaller stacks).

They plan on introducing cross chain proof of stake soon (i.e. stake XSN, get staking rewards in PIVX, Stratis, etc).

More importantly, it is currently floating around 20 cents due to some technical difficulties with a wallet upgrade and the exchanges. It hit 88 cents or so before the exchange even launched and went above $1 when it was still PoSW during the last bullrun.

They have their own hardware department and roughly 38 full-time employees. They're quite gung ho on being the first "trustless bank".

It has a lot of promise and potential to say the least. At the very least, now would be a good time to keep an eye on the price. I can't guarantee if it will go any lower or not, but I do see it going a lot higher in the near-future.

Pic related is from the update they released yesterday.