Original Post at read.cash
For the longest time, I have been trying to get away from your everyday apps like Facebook and Google. I still have to use these services for some things, but I am getting closer to being all the way out of Big Brother's eyes.
On my journeys searching for new (New to me) and exciting projects I came across a site called netbox.global! This site sounded promising so I started doing some research. This is what I found!
What is Netbox?
Netbox is a blockchain browser that pays you for your engagement. I know I know, it sounds a lot like Brave, but trust me it is better. Brave pays you by watching ads, Netbox pays you just for using the browser. No ads and decentralized. The browser has its own wallet which you can receive and send NBX.
Why choose Netbox?
Netbox has a staking option that pays you roughly around 12% APY. I am not sure about the staking number so I would do some research.
The staking option for this browser/wallet is amazing. You get paid every day. To unstake, you must wait 24 hours after unstaking to be able to send your funds. This is way better than a lot of the Crypto out there at holds your funs for days to weeks!
Apart from staking, this browser/wallet pays you for your activity. This is better than a lot of other programs like this. You are helping secure the network by using this browser/wallet so the more you use it the more you get rewarded for helping this Crypto stay alive. This is an amazing feature and I wish more Crypto had this.
Where can you exchange NBX?
The one thing I am not too happy about is the available exchanges for NBX. Crex24 is not allowed in my country and Stex has a KYC that can take up to a week. I have not used any of these exchanges yet but I plan on using them in the near future. I am hoping they branch out to more known exchanges so it is easier to use NBX on an everyday basis. We will just have to wait and see what the future holds for Netbox.
Netbox also has a list of products in the works. Netbox.Drive is something like Google Drive. It is a decentralized file holding service used over the blockchain from what I get out of it. You will have to do your own research and see what it is exactly about. I will try it when it is released. I am sure it is going to be just as good as their browser. You can find this Product list on their website if you would like to check any of it out.
The one I like the most is Netbox.News. It is simple and helps bring the latest Crypto news straight to your browser. It will probably get upgrades over time but at the moment it is easy and very informative. All you have to do is open a new browser and the news page will automatically come up. It will have the latest Crypto news!
When I saw Netbox.Drive I was intrigued. The name reminds me of google drive but I know it will be better in so many ways only because it is on a blockchain! This is an up-and-coming company that I think is going to take the tech world by storm when it is noticed by more investors and people really start seeing what it is capable of.
Running your own NBX Masternode
Now, this is where HODLing a lot of NBX comes in handy. You can run your own Masternode if you hold enough NBX. The amount you need to hold is 10,000 which at the price of $0.07 that equals out to around $700. This does not sound like a lot but when the exchanges are limited and the world in chaos it is hard to invest so much in a Crypto. I plan on building my amount up over time and maybe looking into running my own Masternode one day. I still am not sure exactly how it all works but by the time I own enough NBX I will have gained enough knowledge I hope. I am interested in knowing how much you make from running a Masternode. If anyone has any ideas please leave a comment and let me know!
I am still learning about Netbox and everything its browser has to offer. I have no complaints yet and everything seems safe and legit. I will add comments if anything changes but I do not see anything changing. As long as you have your recovery phrase you should always be able to get your wallet back.
I had a problem at first and changed something in my wallet and it made it so my wallet would not load anymore. I was freaking out because I just staked a little bit and I wasn't prepared to lose another $20 or $30 to a Crypto project. I ended up reinstalling the app and using my recovery phrase and all went back to normal. So the fact that you own your keys (which means actually owning your wallet and funds) is a big plus and takes the pressure off of losing your investment.
Check out Netbox.Global!
I hope everyone has enjoyed this article and take a second to check out this next-level project. It is going to change the way Crypto is used on a daily basis. The Crypto industry is booming and people are finally seeing the capability and security of blockchain. Be part of this evolving world and reap the benefits while you can.
If anyone else has any more info that they would like to add please leave a comment and educate me! I am always excited to learn something new.