Divider (DIVID)

World’s First Token Backed By MN & POS Crypto

Review Score
3.23/5
ICO Price
0.11 USD
Pre ICO Price
0.07 USD
Soft Cap
2,000,000 USD
Hard Cap
5,000,000 USD
Pre ICO Start Date
1 June 2019
Pre ICO End Date
15 June 2019
Start Date
16 June 2019
End Date
30 September 2019

What is Divider?

 

Masternodes are a trending topic in the world of cryptocurrencies. This was pioneered by the Dash cryptocurrency, but more and more new cryptocurrencies are using this technique. Masternodes are nodes in the currencies network that fulfill a specific function beyond simply relaying transactions like the InstantSend and PrivateSend. Existing and upcoming cryptocurrencies are also planning to use masternodes to host decentralized apps amongst other things. Since masternodes fulfill special functions for a cryptocurrencies network but do cost money and effort to operate, they are incentivized by gaining a share of the block rewards in their respective cryptocurrency.

Another trending technique is called Proof of Stake (POS). Proof-of-Stake is executed by miners who put a number of their coins on a block to check transaction blocks. The miner is chosen deterministically by the algorithm based on the amount of coins he owns, for long time he owns them, and other factors based on how the algorithm is structured. The coins are also created at the beginning and their number never changes, and when it forges a block, miners earn from fees of all transactions written in the block. You just have to prove that you have got a certain percentage of all available currencies of a determined cryptocurrency, and in return you will receive commissions.

Divider is the world’s first token backed by masternode and Proof of Stake (POS) cryptocurrencies. Holders of the Divider token will share the profits generated by the masternode and POS cryptocurrencies invested and maintained by Divider. Divider will not use any pools but will invest and maintain its own complete masternode(s) in variety of quality projects.

Transparency is the keyword for Divider. A webbased portal for token holders will be developed to provide (almost) real-time insight in all masternodes statistics, earnings, staking, trading and (re)investing activities by Divider.

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