Welcome to my Yieldnodes review!
There has been a lot of buzz about this cryptocurrency passive income opportunity and I decided to take a look.
Chances are someone approached you about their monthly ROI’s they are generating and you landed here to make sure it’s legit.
The good news is I am going to walk you through everything you need to know so pay close attention and read this to the end…
Yield Nodes Review (Company)
When I look into a company that I am interested in I always want to make sure the leadership stacks up.
The CEO of Yieldnodes is Steve Hoermann who has been in the investing niche since 2014.
According to this LinkedIn he was he CEO of Fapturbo from 2000 to 2018.
It looked like a Forex opportunity.
Yieldnodes launched in the summer of 2018 and has been operating since.
In 2019 of October, Yield Nodes is claiming they have produced 47.7% during their beta phase.
This was from October 2019 to March 2020.
They were leveraging masternoding.
The good news is that Steve Hoermann is a real person and live in Italy.
YieldNodes itself is operating out of Hong Kong.
Rest of the leadership also have a digital footprint which is a good thing.
What is Yield Nodes?
Yieldnodes specializes in increasing your fiat or cryptocurrency through masternoding.
This is claimed to generate returns which is distributed to it’s members.
Yieldnodes is a multi-tiered Node rental program based on the new blockchain-based economy.
Members funds are used to rent servers that master-note and produce coins that they sell.
What is Masternoding?
Masternoding is what you do to earn cryptocurrency coins.
There are only a certain amount of crypto coins that bitcoin has for example and the coins are also not released all at once.
- through proof of work and…
- proof of stake
This is a good explanation in the video below:
Proof of Work (POW)
Proof of work often refers to cryptocurrency mining.
What mining does is you gain more cryptocurrency through high powered computers that solve complicated math problems.
Once these equations are solved, you can earn a small amount of crypto.
Remember that’s a very simplified way of saying it.
Regular computers that you can purchase will have a very tough time doing this.
You will need some very expensive high powered components to make it work.
Plus the cost to run them can drive of your electricity bill because they are pretty much maxed out mining.
Not to mention components burning out earlier…
Proof Of Stake (POS)
Proof of stake is different but will still produce cryptocurrency returns.
This method doesn’t deal with high powered computers.
All you have to do with this method is to provide “proof of stake” which means owning the cryptocurrency you want to get rewarded for.
In order to make this happen, you have to deposited a minimum amount of cryptocurrency in certain wallets where those crypto amounts are frozen and have the ability to produce more coins.
The rewards you get for this type of coin generation is called a masternode.
Once the masternode is set up as “proof of stake” the owner will produce a certain amount of coins that will be awarded to the owner on a monthly duration.
You can then use those produced coins and trade them for other coins or even fiat currency.
How Does Yieldnodes Produce Returns?
Yieldnodes takes the above model I spoke about and uses the POF method, but does it with a lot of coins.
Coins either gain or lose value with this method it spreads the risk.
Yieldnodes claims it researches the best masternode opportunities.
Cost To Join Yield Nodes
The cost to join YieldNodes will run you anywhere between €500 to €250,000.
You can pay in bitcoin or fiat currency in the country you are from.
They accept SAPP vouchers, Visa, Mastercard and Bitcoin.
Unlike all the other YieldNodes reviews out there I am going to tell you how it is…
Final Verdict
So does the Yieldnodes scam exist?
Well let’s look at the facts…
The leadership is transparent which is a good thing.
All of them have Linkedin social media accounts and digital footprints.
Your funds are locked into the company for 6 months before you can withdraw anything which is a bit long to be honest.
As of right now they are averaging around 10.7% ROI per month which is very high.
They don’t guarantee any returns and even claim some months it could be zero.
However, when you are producing any kind of returns for your clients you get into securities.
This company pretty much did everything right until this point…
When I looked at the Alexa web traffic stats I noticed most of the traffic is coming from the USA.
The securities regulator in the USA is called the SEC and I have not seen any registrations with them.
Plus they already said they operating in all countries according to them.
They really need to look at securities laws and future proof themselves.
The reason financial regulators like the SEC want companies like Yieldnodes to register is actually very simple.
They want to see financial reports on how they are generating returns.
If a company is doing everything by the book and really is leveraging masternoding etc, they wouldn’t have any problems.
What the SEC doesn’t want to see is new investments paying off existing members which would make this company a ponzi scheme.
That is the biggest red flag so far and I can’t recommend this company until they clear that up.
Anyway, I hope you enjoyed my Yieldnodes review and if you have any questions feel free to ask in the comments below…
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