- Crypto nodes are one
of my favorite ways to make passive income.
And the entire crypto node space is a bit crowded
at the moment at first glance.
And if you're new here let me quickly fill you in with
what's going on.
A node is a computer or server that supports
the crypto blockchain by verifying transactions,
enhancing security and more
for that particular crypto project.
And those transactions reward users for this.
Now not all cryptocurrencies offer nodes but the ones
that do are branched off into two different categories.
There are masternodes and then there are servicenodes
or Nodes as a Service.
And this is where we start to get into the problem
within the current node space of crypto.
The first ever node as a service crypto to launch was Dash.
It launched in early 2014,
and then five months later launched at servicenodes.
And then about one year after that it was sustainable
and no longer needed third party investments to survive.
However, these Nodes as a Service type projects that
are popping up now are just rewarding the users
for the purpose of creating the nodes.
And the reason why they're doing this is so they can build
out the infrastructure on these new blockchains
such as Avalanche, Ethereum, Cronos and so on.
So the blockchains can flourish with this wave
of new projects that are being built out on them.
And similar to what Dash did in the beginning
they're relying on new investors and third party money
to keep these projects afloat.
However, unlike Dash these rewards that
they're offering new investors range anywhere
from a 300% APY to upwards up hundreds of thousands
of percent APY.
And this video today is not talking about any of those types
of projects nor am I telling you not to invest
in those types of projects either,
I'm currently invested in some and I probably will invest
in a few more as time goes on but at the end of the day,
these high APY projects are what I like to classify
my portfolio as degen investing.
In today's video, I wanna shine the light
on six node projects that have more sustainable APRs
and they're paying their investors not just for the sake
of creating more nodes.
Because at the end of the day
when the next bowl run happens, you're gonna wanna make sure
that you have as many solid projects in your portfolio
as possible because when it does happen
it will already been too late to change those.
So let's get into it.
(upbeat music)
What's up guys, my name is Kris, and on this channel
I cover different ways I'm making passive income online.
And today we're taking a look at six node projects
that I think make great candidates
for passive income in 2022.
Now I'm using three main criteria when looking at the nodes
I'm talking about today.
Number one, is it's not a node service that
is rewarding users just for the sake of creating nodes.
And the node rewards are coming from some type of utility.
Number two is the break even time on these nodes
must be greater than six months.
What we've been seeing in a lot of these new node projects
that have been coming out
is they offer investors break even times of a month
or sometimes even two months, just for the project
to come crashing down less than three months later.
And number three is I don't wanna see any mention
of passive income on the main website.
When looking at some of these projects
like Thor and CroNodes, they mention it on the website
and that's for me is something
I'm specifically trying to stay away from.
And I'm gonna be covering these in order from most expensive
to least expensive with the last node costing
less than $800.
But you know what isn't expensive at all,
and it's hitting that like button,
it's not only completely free
but it really helps the video out.
And while you're down there, you should check out
the subscribe button as well, it's also free and like nodes
that rewards you with new videos every single week.
A few ground rules before we get started though.
Rewards and costs of these nodes may vary slightly
depending on when you watch these videos.
Also none of these nodes are sponsored.
I will always tell you before I sponsor something.
And on top of that, I've covered some of these
on the channel before but I'm not going to be telling you
which I'm invested in for the sake of,
I don't wanna pump my own bags.
And lastly, I'm not going to be covering the setup
on any of these nodes, some of the setup
can be very extensive and if there is something
that you want me to cover to set up on,
let me know in the comments below
and if I get enough requests I'll consider doing it.
And the last two requirements I have for the nodes
in this video for a market cap of over 600,000,
and they've been around for at least a year, I only have six
but I have 15 that actually met this requirement.
So you can download the sheet below
if you want the research I did for this video.
Now the first and most expensive project
I'm gonna be covering today is Gala Games coming
in at $98,000.
And there's a few reasons I put this project in here.
Number one is quite a few
of these Nodes as the Service type projects are investing
in Gala Games, such as Hive, Cubo, and Thor.
And it's good to know what the project is especially
if you plan on getting in those types of projects.
Number two is there's a lot to learn from Gala Games that
we can take over to other projects and possibly help us find
another Gala Games before it blows up.
And number three is they have two new node projects
that are coming out in the future.
And I think it's just good to understand what Gala Games is
before investing in those as well.
Gala Games is a gaming company aiming to be
the number one play to earn gaming company on blockchain.
And these nodes are required to run the gaming network
and it incentivizes investors not only
with daily Gala tokens, but token of the games
that are launching on Gala Games as well.
And this is why the price of the Gala founders node
will always keep increasing with the last one
out of 50,000 selling for over $200,000.
Now a node holder will earn roughly 320 Gala per day
which comes out to be about $2,000 per month
at the time of me filming this.
Which means that you earn about 2% per month and takes
about 49 months to break even or about four years.
Now when it comes to break even time on some of these nodes,
I think it's something that
we don't wanna take too seriously,
because if it's a good project
it's going to keep increasing in value.
So Gala right now at 20 cents could easily go
to a dollar in the future, which takes that make even time
from 49 months down to less than 10 months.
Meaning that after one year, not only have you paid
your node off, but you have two extra months of profit
and that's going to be the case for all of these nodes
that we look at today.
Next up is Flux, a proof of work cryptocurrency that aims
to compete with the AWS or Amazon Web Services
global cloud infrastructure, which is the largest
and most secure cloud computing service in the entire world.
Which is currently used by industry giants such as Disney,
Airbnb, ESPN, just to name a very small amount of companies.
Flux is offering four types of nodes with over 2,500 nodes
on the network with the smallest node which just launched
of only 1000 Flux and costs about $1,500 to make.
And the monthly ROI on this smallest node
is about 1.44% ROI per month.
Now, one thing to mention about this is you earn
a monthly ROI and you also get to keep the tokens
that you work up unlike StrongBlock or Gala Games,
which means that as the project goes up,
your original investment also appreciates.
And out of all of the projects that I'm going to be talking
about today, I think Flux might be one of my favorite ones.
Next up is Firo, and for all of you crypto OGs out there
you'll know this one as Zcoin.
And it's been around for over five years.
Firo is similar to Dash and Syscoin in that it's a proof
of work digital currency focusing on privacy and security,
and having launched in 2016, with a fully docks team
of some impressive individuals,
I think this is definitely one to take a look at.
This node takes 1000 Firo tokens which costs about $3,000,
and you make about 11% ROI per month
or about $300 per month.
And break even time on this one is about 10 months.
And this is one of the bigger projects in terms
of market cap that we're going to be looking at today,
with the market cap sitting at around $50 million.
The next two nodes I'm going to be talking
about are affordable nodes in the cloud storage space.
And the thing to node about cloud storage base is although
the cloud storage has gotten cheaper over the years,
it's still has many bottlenecks and issues.
The main be security and data and this is where blockchains
and masternodes really come into help.
First up is the project Axel.
It's been around since 2020
and it has over 300 nodes on its network.
It takes 5,555 Axels to create a node costing around $1,000.
And the ROI on this comes out to be about 55% per year,
which means that break even time is about 21 months.
And like the other node projects that I've talked about
this is more staking,
so you can get that original investment back.
Another decentralized cloud storage platform is StorX,
ticker symbol SRX.
And this is the only one I'm talking about today
that's been around less than a year launching in early 2021.
It takes about 10,000 SRX to create a node,
which costs about $800.
And the monthly ROI on this one is about 8% per month,
which comes out to be a 13 month break even time.
And you can purchase the SRX token on Bitrue.
The last and cheapest node project
that I'm gonna be talking about, and one that I've covered
on the channel before is Presearch,
which is a decentralized search engine
and they need nodes to make this happen.
And it takes 2000 Presearch to create a node
which costs about $400, and the rewards come out
to be approximately 50 Presearch per month,
which comes out to be about $9 per month.
It's a unique project that I wanted to throw in here.
Thanks for watching guys.
Be sure to like and subscribe, check out my other videos
and I'll see you next time.