Simple Masternode Coin (SMNC)

Simple Masternode Coin (SMNC), also known as Simple Masternode Coin, is a cryptocurrency blockchain that operates using a Proof of Stake (POS) and Masternode (MN) mechanism. The coin allows users to contribute to the network in two ways. With Proof of Stake, 10% of every block reward goes to stakeholders, allowing them to earn a portion of the POS rewards. Masternode holders, on the other hand, receive 90% of every block reward. These nodes play a crucial role in helping the SMNC blockchain operate effectively and maintain an even distribution of rewards among node holders.

The SMNC community aims to empower students and provide them with opportunities to alleviate financial challenges. Through the Ambassadors for SMNC initiative, individuals from each country worldwide collaborate to build a connected network. SMNC offers generous rewards that can be used to pay bills, rent, and purchase materials needed for education. Moreover, the currency will be utilized as a means of exchange within the community, enabling students to buy used materials directly from other members and transact with SMNC.

SMNC has exciting developments for 2021 and beyond. Users who hold SMNC will benefit from a special fork in May, where they will receive an equal amount of a new sister currency called Students Coin (STUDS). This fork presents an opportunity to increase the value of one’s holdings. Additionally, SMNC aims to become a preferred choice for students globally. An online store will be launched, allowing community members to buy and sell school and course materials using SMNC as exchange currency. Furthermore, powerful marketing efforts will be implemented to grow the SMNC community and increase market value.