Kyanite (KYAN) as a sister coin of Sapphire (SAPP) has emerged from a fork with SAPP.
It is a payment coin similar to SAPP, but with the restriction that it can only be used for products and services for adults.
The focus is on cash games and legal erotic services.
Since such a coin has different requirements regarding age verification, marketing and discretion, we have decided to offer a separate coin for this use case.
There will be interesting offers in the near future!
Further details and the white paper we will be aiming to deliver during 2022.
An interesting way to earn revenue by providing technology is by providing a Masternode that runs on a proof-of-stake (PoS) base.
First and foremost, a Masternode, like any other full node, is a node server within a network. Full nodes are important because they process transactions and store them in the blockchain.
In addition, however, a Masternode operator has tasks and rights that a normal full node operater does not have. For this gets the operator high rewards.
In order to obtain the status of a Masternode, the Masternode operator must deposit a corresponding number of coins. For this and for the performance of the tasks and the provision of computing power and storage space, they will receive rewards based on the corresponding Coins (Proof-of-Stake).
However, to be a Masternode operator, you first need to deposit some coins to the network as per the minimum threshold. Kyanite masternodes will receive 65% of each block reward.