ANON is very excited to have confirmed: following the Golden Holidays listings are confirmed on both IDAX and Coinone. IDAX has confirmed ANON is opening wallets for deposits/withdrawals on October 13, 2018, with trading commencing the following day. Coinone has stated trading will begin by the end of October.
Upcoming exchanges are the beginning of the excitement for the ANON team. After speaking to The Crypto King, the Founder of ANON, he confirmed that the total number of claimed ANON was under 7 million. This means the upcoming token burn in January will remove over 20 million ANON from the claimable supply. He also mentioned how IDAX recently confirmed that trading was going to be moved forward multiple days. How is that for beating deadlines? On top of solid exchange news, ANON was recently added to the GIN shared masternode platform. ANON within 72 hours will be trading on a Top 10 Exchange, be on multiple shared masternode platforms, and wallets.
This week the ANON developers are releasing their masternode proposal system, and the early discussions from the community are both intriguing and unique. These proposals range from increasing the required masternode collateral from 500 to 1,000 ANON (or as high as 5,000). Subsequently, with a decreased number of Masternodes, the ROI for each still in existence would increase. At over 100% annually ANON’s masternodes are still providing a significant ROI.
The most recent proposals included increasing the Masternode payout while decreasing the miner reward; this would be more technologically advanced requiring a hard fork. However, a hard fork would not be a negative for ANON as it would increase the MN reward by 300+% and it seems the masternodes are deciding what to do with coins that would be burned anyway. Removing miners and going POS or implementing a different mining technique that is more “green” would be an ecological benefit anyways. It seems the masternodes have thought through some pretty interesting concepts of what to do with what is likely to be 20 million ANON allocated for a token burn January 1, 2019.
The devs have promised a one-click masternode system on the horizon, and in a recent interview with The Crypto King, he was excited to release that information publicly. He insisted ease of use and utility would facilitate a long-term supportive community.
Currently, the masternode fund has 1 million ANON in it, with each masternode costing 500 ANON to set up and under 2,000 total masternodes, each masternode is entitled to 500 ANON worth of “voting power.” This is a fascinating perspective as each masternode is accountable and has a vote on how to spend 500 of the ANON already in the Masternode fund. Will the community ask for a top exchange? Partnership? New fork to POS? Lambos for the admins and dev team as the Telegram group has joked many times? It seems like the ideas are endless and it will be exciting to see how the 1 million ANON are allocated, and what the community decides to do (if anything) with the tokens being burned January 1, 2019.
In their short month in existence, ANON has already solidified partnerships with crypto ATMs while achieving listing on a Top 10 exchange (IDAX). The following months seem to have more essential milestones to look forward to, particularly January 1, 2019. However, the time in between now and then is when the masternode votes matter. With their bounty 2.0 program in full swing, ANON seems to have established an active community pushing 10,000 active members (Discord, Telegram, and Twitter).
It is always a positive sign to see a coin that is taking community feedback and implementing their ideas. Q4 2018 should be a telling quarter as the market seems to be turning due to multiple catalysts while ANON’s community and the project are moving into full swing.
ANON can currently be accumulated on Cryptopia and trading commences on IDAX on the October 14!