Stipend - An ultimate solution for Freelancers

WHAT IS STIPEND ?

STIPEND - The Freelancer's Currency

STIPEND cryptocurrency is proffering a huge change that aims to disrupt how job markets are currently being run by utilizing blockchain technology—a technology that would benefit prospective employers, freelancers, and intermediaries enormously.

STIPEND believes that the blockchain is a revolutionary, industry-changing technology, much the same as the Internet before it.

Freelancing on The Blockchain !

Stipend will therefore be an all-in-one platform for all kinds of freelance tasks. Teams will be able to easily and efficiently disburse payments to contributors who have fulfilled the requirements of any task using the currency they prefer. Project managers using Stipend’s native currency (SPD) will be charged no fees, while transactions using any other supported coin for payment will be charged a small fee. The blockchain also allows for an integrated verification process, a reputation system, and other functionality that can provide crucial validation before any payment is disbursed.

Stipend is our vision for a next generation freelancing platform that leverages the unique, powerful features of blockchain technology. We wish to create an expansive environment beneficial to both freelancers and employers through low fees, near-instant payments, and a unique reward scheme that explicitly incentivizes the highest performers—all without the exorbitant fees and hidden costs of existing alternatives.

Stipend Alpha: http://platform.stipend.me/

Stipend Coin Specifications

Algorithm: C11

Type: PoS/Masternodes

Coin Name: Stipend

Coin Ticker: SPD

Coin Supply: 19,340,594 SPD

Block Time: 90 Seconds

Confirmations: 10 Confirmations

Mined Confirmations: 91 Confirmations

Time Drift: 45 Seconds

Stake Maturity: 24 Hours

Masternode Maturity: 600 Confirmations

Masternode Collateral: 5000 SPD

Masternodes

Masternodes enable the following services:

Instant Send -instant transactions (real time).

Private Send - Anonymous transactions :).

As many others I am considering aquiering one or more Masternodes. I find it difficult to calculate ROI for a masternode over time given information in whitepaper, and in different reddit threads, and would suggest that this thread could help me and others in same situation to get some answers once and for all.

Masternodes provide the opportunity to invest in Cryptocurrencies with the added benefit of earning guaranteed extra coins in addition to gaining exposure to the large potential increases in value that can come within the Cryptosphere and owning cryptocurrencies.

These coins are awarded through running a node and as covered later in this article these rewards can also be used to generate rewards on top of your rewards. Great eh?

Whether you are an investor or a contributor, we are all here because we believe cryptocurrencies will play an important role in every day life, and we want to be part of this change. Will Stipend succeed? Despite all the positives of this project, this is a very tough environment to be successful in. Assuming it takes off, it will face the same scaling issues the larger coins have: financial viability, infrastructure, marketing, etc.

If you believe that masternodes can succeed as a long term investment vehicle, then this is probably the most solid pick out there. If you are passing on this, I would be very interested in knowing which ones you are buying into.