Neptune Dash Acquires Additional Dash Masternodes and Provides Projected Dash Revenue Update

Blockchain Investing

Neptune Dash Technologies (TSXV:DASh) has announced the company has acquired three additional Dash Masternodes and acquired 2,888 Dash tokens for a total operation of 18 Dash Masternodes secured by 18,047 Dash tokens. As quoted in the press release: Neptune exclusively builds and operates Dash Masternodes and invests in Dash Blockchain related technologies. Each Dash Masternode …

Neptune Dash Technologies (TSXV:DASh) has announced the company has acquired three additional Dash Masternodes and acquired 2,888 Dash tokens for a total operation of 18 Dash Masternodes secured by 18,047 Dash tokens.
As quoted in the press release:

Neptune exclusively builds and operates Dash Masternodes and invests in Dash Blockchain related technologies. Each Dash Masternode requires 1,000 Dash as collateral. The Dash Blockchain currently compensates Dash Masternodes at a rate of 6.86 Dash per month. Neptune’s average price paid per Dash token since inception is about $CAD1,030.
Neptune estimates that annualized revenue in Canadian dollar terms from the operation of 18 Dash Masternodes is $1,496,880 (based on a current price per Dash of $CAD990 per coin).
“The three new Dash Masternodes is a great addition to Neptune’s existing Dash Masternode portfolio. Shareholders should benefit from an annualized 20% increase in reinvested revenue starting immediately, and Neptune continues to pursue accretive transactions, including evaluating transactions in the proof of stake technology space,” commented Cale Moodie, President and CEO of Neptune.

Click here to read the full press release.

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