Apollon — Masternodes for the Masses.

In my last article Tips, tricks and hints. What else do I need to know about now I have my Masternode? I rounded off my 3 part series introducing you to Masternodes and how to run them.

This time around I would like to introduce you all to a project that is close to my heart (I am the VP of Projects here). And that project is Apollon. As always nothing in this article should be considered as investment advice and the views expressed here are my personal ones and not necessarily that of Apollon. Before you undertake any investment you should always DYOR (do your own research).

What is Apollon?

Apollon endeavors to make investing in masternode coins easy, secure and transparent.

To this end the organisation is currently finalising the build and release of their masternode investment platform. This platform will simplify the whole set-up, running and monitoring of any masternode that is hosted on the service.

The platform will initially consist of software that will run on any home computer and using this ‘node builder’ you will be able to launch a new masternode within minutes. In this first iteration of the software you will still need to download and fund your desktop wallet with enough collateral to run your desired masternode but once that is done the whole process to start up a masternode will be very straight forward.

The payment currency on this new platform at launch will be XAP. XAP is the cryptocurrency of Apollon and by accumulating 25,000 XAP you can run an Apollon masternode which will pay out XAP. Therefore running an Apollon masternode will cover your hosting fees easily and still leave additional passive income. You can currently buy XAP at Crypto-bridge and Graviex .

As well as the builder Apollon is also launching it’s node monitor service. With this you will be able to monitor the performance of your masternodes, look at performance such as income over time, regularity of income payments and various visual indicators about the performance of your portfolio.

The platform is currently scheduled to enter open beta the week commencing 22nd July and a full launch is targeted for end July/early August.

OK so what happens after the product launch?

The roadmap for Apollon gives more information about the future of the investment platform. The intention is to build out a web wallet first — this will further simplify the deployment of masternodes on the platform and bring greater integration between the wallet and the builder.

This will be followed by the mobile wallet, a demo pic of which can be seen at the start of this article, which will really bring the world of masternode investing to the person in the street. With this wallet you will need zero knowledge of setting up and running a masternode. If you can use a standard banking app then you will be able to fund the wallet and invest in any masternode on the platform. This completely simplifies the whole process of running a masternode to a few simple clicks in the app. Apollon will also be offering shared masternodes (this is where you take a share in a masternode and gives people the opportunity to take a part ownership in one of the more expensive masternodes such as Dash or PivX). The other product offering will be a conglomerate of the masternodes running on the platform. You will be able to take a share of one of these conglomerates and this will diversify your masternode investment across different projects.

Other targets for 2018 are to add a minimum of 10 masternode projects to the platform and to host over 2,000 masternodes on the node builder platform.

OK so what projects will Apollon host?

So Apollon made a decision very early on that only coins which meet certain criteria should be welcomed on to their platform.

This means that any project that doesn’t have a visible and publicly viewable team will not be listed on the Apollon platform. In addition to this the projects Apollon assesses need to be run in a professional manner with a whitepaper and full roadmap available as well as evidence of continuing development on the project.

To that end Apollon have employed a dedicated coin diligence officer and this diligence officer is responsible for researching potential projects for listing as well as conducting interviews with key team members.

This is a vision that we share strongly with one of the masternode listing sites (I mentioned these guys in my last article) — Masternode.live. Masternode.live believe in making the masternode space a better and safer place to invest in and, to that end, they only list projects on their platform that they have completed their diligence on. Further you can look at each project they list and see exactly where this project meets standard criteria such as active development, transparent team, app already developed, real use of tokens/coins and whitepaper available.

Currently there are two coins on the Apollon platform. XAP — of course and SPD or Stipend. Stipend are building out a freelancers platform where fees and services can be bought/paid for using SPD. The team is publicly visible and they can be looked up on the Stipend website. For more information about Stipend please follow this link — https://stipend.me

So Apollon are big on public teams. Who is in the Apollon team?

The Apollon team consists of too many individuals to go through all of them in this article but what I will do is focus on the core management team members.

Firstly we have the Apollon founders Markus and Philipp. Markus and Philipp started the project back in February 2018 with a vision for making it easier for people to run and monitor their masternodes and are responsible for the Apollon project existing.

They are both responsible for development on the project and have been very busy recently both releasing a new codebase based on PivX and getting ready for the platform launch.

They both hail from Linz in Austria and have been working within software development for a number of years after graduating university.

Secondly we have Chad Sichello the Apollon CEO. Chad joined the team back in March 2018 after taking an interest in Apollon and doing some further research into the project. Chad is a social entrepreneur and has run successful companies in the past. He has wealth of experience in running businesses and it was for this reason that Chad was welcomed onto the Apollon team. You can view Chads Linkedin profile here.

And finally you have me. I started working with Apollon back in May 2018 after reaching out to the team offering to provide project management experience to help the team work towards the launch of the project. Apollon is a project I feel very strongly about and I believe in this team. As you can see from my Linkedin profile I have worked within project management for many many years and I am working hard with the team to ensure we hit our launch dates is closely as possible.

If you want to know more about Apollon please let me know.

Next time round I am hoping to write an article about Masternode.live and the guys behind this excellent initiative.

Until next time.

Happy noding!

Ade

Feel free to follow me on Twitter for updates when my next article lands on @Ade_Redman

More resources for Apollon:

Website — https://apollon.one

Twitter — https://twitter.com/apollonxap

Facebook — https://www.facebook.com/apollonxap/

Discord — https://discord.gg/SmaxmwC

Masternode.live listing — https://masternode.live/currencies/XAP/ApollonCoin

Masternodes Online listing — https://masternodes.online/currencies/XAP/

Apollon — Masternodes for the Masses. was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.