Node Haven: ICO Review

What is Node Haven?

Node Haven was made to correct a problem with cryptocurrency mining. For example, the main problem occurred during the growth of Bitcoin mining difficulty. So far there are only 4 ASCI crypto-ming manufacturers that give out products to help users mine. However, they tend to sell out within hours of release.

node haven icoNode Haven solves this problem by tokenizing the ASIC miner manufacturing and development process. The model is decentralized and acts on the miner’s best interests as opposed to the ship operators. The mining community needs a better mining option, and Node Haven, assisted with miners worldwide, will help decentralize the mining world.

Aspects

Here are the aspects that makeup Node Haven. Each of them is a solution that directly addresses the problem within the blockchain:

  • Replacing Traditional Business Models: Most of today’s business models act against the very nature of decentralized cryptocurrencies. Node Haven helps by making the ASIC mining equipment more accessible and decrease the equipment prices to help users mine with ease.
  • NODE Token: Miners can buy Node Haven’s native currency (NODE) via crypto or cash.
  • PDV: With Node Haven, we can see that the project will help everyone start getting into crypto mining. In addition to its acceleration of development, Node Haven will fund the production and development of ASIC miners through the use of a Product Development Vehicle.

The PDV works when users buy NODE tokens during the token sale. Node Haven will use the funds from their first sale to create a 7 nm ASIC miner. As time progresses, the Bitcoin miners can be reserved via NODE token.

In addition to development acceleration, the PDV model gives manufacturers the incentive to sell their goods at the lower price to the consumer. Thus, users are able to get a have a reliable system that benefits both consumers and producers by making them work together.

Token Metrics

  • Website: View
  • Whitepaper: View
  • Fundraising Goal: $50,000,000 USD
  • Total Supply: 500,000,000

Bountyhive username: thetechinsider

Positives
  • Accessible Mining Rigs: Node Haven promises to give their users a decentralized system where the mining rigs are available for any user that’s planning to obtain cryptocurrency.
  • ROI is Stored on Token: Node Haven’s token has the same ROI as the ASIC manufacturers themselves.
  • Quick Development Time: Node Haven’s mining rig development time will take up to 7-11 months. This is faster than other manufacturers and is more cost effective due to its lower prices.

Negatives
  • MVP Not Available: It would be great to see a Node Haven mining rig fully launched so investors can take this project seriously.
  • Whitepaper: While the whitepaper does fully explain Node Haven, it might be harder for first-time investors to digest due to its complex technical writing.

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Jeremy Cole has been a crypto enthusiast for years. First getting involved in Bitcoin mining in late 2010, he has now diversified his portfolio and dug deeper into the alternative coins of the space. As new and exciting ideas arise in cryptocurrency, Jeremy is always looking for the next big thing and a coin which not only appreciates in value but also has a steady increase in use and demand. Jeremy has seen the rise of coins such as Ethereum and by studying the technical and fundamental side of ETH, he has learnt how to find similar coins that are likely to have a bright future.

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