It doesn’t take a “shark” like Kevin O’Leary to understand the value in dividends. Assets that pay you for holding them have long been a staple of a balanced portfolio. Why should cryptocurrency be any different?
Finding legitimate, reward-paying crypto tokens, however, can be difficult. Not everyone can afford, or should risk, 1,000 DASH for a masternode (equivalent to $200,000 USD at the time of writing). And smaller ‘Proof of Stake’ coins may take years to reward a small stake holder…if they ever do.
So does that mean you’re out of luck?I am not a financial advisor nor is Seinfeld’s ‘Soup Nazi’
Nope. Here’s my list of the 5 best Proof of Stake / dividend / reward-paying cryptocurrencies for investors with little or small capital.
I’ve chosen these tokens based on the following subjective, strictly opinion-based, definitely not financial advice, criteria;Must receive rewards within 1 month with less than $1,000 invested Expected growth & future value Ease of the staking / reward claiming process Frequency of reward payments The “cheap, hot alts” technical analysis indicator as defined by Doug Polk
ARK is a crypto “sandbox” of sorts. It intends to be a user friendly platform, a currency, a developer’s utopia (with API’s already available for most modern programming languages), a Smart Bridge between all other tokens and so much more. Ark’s goals are lofty to say the least but, so far, their roadmap progress has been stellar. Ark version 2.0, a complete rewrite of the original Lisk-forked code, was released in June 2018.Ark Fork History: Original code forked from crypti to Lisk, Lisk forked to Ark, Ark V2 now 100% new code
ARK uses a DPoS (Delegated Proof of Stake) consensus mechanism. 51 delegates (block producers) are chosen by ARK holders through voting. These delegates then pay back a portion of their block rewards to those who voted them in. Though delegates can choose how much they pay back most give upwards of 90%.