Monthly Premium Buzz Backer — Gentarium April 2019 Update
This is an update on the level of the progress our Premium Backer, Gentarium has made in the last 30 days.
Gentarium is a platform for crypto-enthusiasts which provides the opportunity of an automatic masternodes deployment, shared mn, and the ability to manage ASIC and GPU rigs.
On March 19, Gentarium lowered their block rewards by 66%. This was done to fuel the value of the masternode hosting platform and their local cryptocurrency, GTM. The team also decided that they will be cutting the current and maximum supply of GTM in the market. 50% of all tokens generated between April 1 and April 15 will be burned. The remaining 50% will be used to rewards masternode operators.
Gentarium has also taken steps towards mass adoption of its platform and masternodes at large. Access to the API of the platform will be made available to developers.
Friends, our next aim in [the] development of our platform was step towards mass adaptation of MN and [the] possibility of own platforms development on the basis of technology developed by our team… Also, would like to note that we already have several potential partnerships of our API use.
The number of hosted masternodes on their hosting platform has however dropped to 10982 from a previous 11,130 about a month ago. The total price of hosted masternodes on the platform has however increased by $1.9 million, probably due to the increase in the value of Bitcoin in the last 30 days.