LPS Token Transaction Validator - Luxury Property Solutions, LLC

Looking for Passive Crypto Income? LPS Token Masternodes Might Be Your Answer

Cryptocurrency offers exciting opportunities, and for the entrepreneurial-minded, passive income streams are highly desirable. Well, LPS Token Masternodes could be your ticket to just that!

Earning on Autopilot:

Masternode hosting allows you to passively earn rewards for contributing to the LPS network. Think of it as a way to put your crypto to work for you, similar to staking, but with a different role.

The Backbone of the Network:

Masternode servers act as the second layer to the LPS blockchain, the first layer being the core ledger. They’re essentially high-powered, dedicated servers spread globally, forming a secure and decentralized network. Each Masternode maintains a complete copy of the blockchain, ensuring its integrity.

Essentials for Launching an LPS Token Masternode

There are three key ingredients to get your LPS Token Masternode up and running:

Reliable Server with a Dedicated IP Address:
Your Masternode needs a secure home base. This is where a Virtual Private Server (VPS) comes in. Thankfully, reliable VPS plans with dedicated IP addresses are quite affordable. Providers like Time4VPS and Vultr offer monthly plans for under $30!
Locking Up Collateral:
Think of collateral as a security deposit for the network. Anyone who wants to participate as a full node on the LPS tier two blockchain needs to hold a specific amount of LPS Tokens. These tokens get locked in your wallet, similar to staking.
Keeping Collateral Locked:
As long as your LPS Tokens stay locked in your secure, “cold” wallet, your Masternode will maintain an active connection to the network. This locked position makes you eligible for block rewards, which are essentially payouts for contributing to the network’s operations. However, if you ever move those locked tokens, your Masternode gets disconnected, and you’ll stop receiving those rewards.

Example: Collateral Requirements

For instance, hosting an LPS Token Masternode might require a minimum of 5,000 LPS Tokens as collateral. This means you’ll need to purchase these tokens and store them securely in your wallet before activating your Masternode.

In Summary:

Running a Masternode requires some initial investment (purchasing LPS Tokens) and technical setup (VPS with dedicated IP). However, the potential for ongoing block rewards can be an attractive incentive for those with the resources and interest in contributing to the LPS network.

$5000/year

Earn LPS fee per transaction.
Earn Commissions as An Affiliate for referrals
[ihc-purchase-link id=6]SignUp[/ihc-purchase-link]

Updated Masternode Operator Terms and Conditions (October 26, 2023)

Introduction

These Terms and Conditions (“Terms”) apply to anyone (“you” or “Masternode Operator”) who operates a Masternode on the Luxury Property Solutions LLC. blockchain (“LPS Blockchain”). By operating a Masternode, you agree to be bound by these Terms and any future modifications.

Before You Begin

Carefully review these Terms alongside other relevant policies and notices on Lpscoin.org.
A separate User Agreement applies to LPS Wallet users.
If you disagree with these Terms, you should not operate a Masternode.

Your Responsibilities

Compliance with Laws and Regulations: You are responsible for understanding and following all applicable laws and regulations related to Masternode operation in your jurisdiction. This includes tax implications for acquiring, holding, using, transferring, and receiving LPS Coins (“Coins”). Seek professional financial, legal, and tax advice.
Continuous Operation: To receive rewards, your Masternode must be continuously operational. This means having the required number of staked Coins and proper functioning.
Security Checks: Your Masternode may undergo security checks and must pass them to remain operational.
Legal and Proper Use: Operate your Masternode solely for the purpose of supporting the LPS Blockchain and its development. Avoid illegal or improper activities.

About LPS Coins

Utility-Focused: LPS Coins are intended for use within the LPS ecosystem, not for investment or speculation. Their value and liquidity are not guaranteed and can fluctuate.
No Secondary Market Value: LPS Coins have no implied value on secondary exchanges. You participate at your own risk and waive any claims against LPS.
No Ownership Rights: LPS Coins do not represent ownership or equity in LPS. They grant no rights to future revenue shares, intellectual property, or participation beyond service provision and receipt within the LPS ecosystem (subject to these Terms).
Limited Rights: Owning or operating a Masternode grants no rights beyond using LPS Coins on LPS websites for transactions, interactions, and participation.
Token Specifications: Masternode Operators acknowledge the current LPS Coin specifications and accept that LPS may modify them at its discretion.
Experience Required: Operating a Masternode requires significant experience with cryptocurrencies, blockchain systems, and Masternodes. Understand storage and transmission mechanisms associated with other cryptocurrencies. LPS is not liable for any losses related to your actions or omissions. Lack of experience disqualifies you from being a Masternode Operator.

Disclaimer of Endorsement and Liability

References by LPS or its affiliates to other entities or services do not constitute endorsements. You are encouraged to independently research any such entities or services before use. LPS disclaims all liability for any service provided by any other party. This includes exchanges for acquiring or trading LPS Coins and services related to Masternode hosting or operation.

Warranties and Limitations of Liability

LPS, to the extent permitted by law and acting in good faith, makes no warranties regarding the future success of LPS, the LPS Blockchain, LPS Coins, or any LPS applications.
You agree not to hold LPS or its affiliates liable for any losses or damages arising from the sale of LPS Coins.
You obtain LPS Coins “as is” and “under development.” LPS, acting in good faith, provides them without warranties regarding title, merchantability, or fitness for a particular purpose.
LPS disclaims all liability for services provided by any other party. This includes exchanges for acquiring or trading LPS Coins and services related to Masternode hosting or operation.

Regulation and Risk Factors

LPS Coins and Masternodes are not registered or qualified under securities laws anywhere in the world. Awarding LPS Coins to Masternode Operators is considered a free transfer, to the best of LPS’s knowledge.
Forward-looking statements made by LPS are not guarantees of future performance. They involve risks, uncertainties, and assumptions. Actual results may differ significantly from those projected.
Operating a Masternode and holding LPS Coins involve risks. The following is a non-exhaustive summary of some key risks:
- LPS is a Startup: Financial and operational risks are significant for startups like LPS. The market is competitive, and few startups survive and thrive. Startups often face unexpected challenges in product development, marketing, financing, and general management. They may require substantial funding, which may not be readily available.
- LPS May Cease Operations: Various factors, including unfavorable currency fluctuations, inability to establish the LPS Blockchain or Coin utility, failing business relationships, or intellectual property ownership challenges, could force LPS to cease operations and potentially dissolve.
- Limited Adoption of LPS Blockchain: The LPS Blockchain may not be widely adopted by individuals, companies, or other entities. Limited public interest in distributed ecosystems (like the LPS Blockchain) or distributed applications (dApps) could negatively impact the LPS Blockchain’s development and, consequently, the
  utility and value of Coins.
  - LPS Brand Loyalty: LPS believes brand recognition is crucial for its and the LPS Blockchain’s sustainability. Failure to gain acceptance in social media and related industries could negatively impact LPS’s business, operations, and the value of LPS Coins.
  - Regulatory Uncertainty: The regulatory landscape surrounding blockchain technologies, cryptocurrencies like the LPS Blockchain and LPS Coins, is uncertain. New regulations or policies could significantly affect the development of the LPS Platform and the utility of Coins. Regulations for cryptocurrencies, blockchain technologies, and cryptocurrency exchanges are constantly evolving and vary significantly across jurisdictions. These uncertainties could significantly impact the development and growth of the LPS Blockchain and the adoption and utility of Coins.
  - Third-Party Reliance: Using Masternodes to power the LPS Blockchain introduces increased risk as it relies on many third parties to continue operating Masternodes. The LPS Blockchain would not be reliable or operational without a sufficient number of functioning Masternodes.
  These Terms Are Not an Offer to Sell
  These Terms do not constitute an offer to sell or a solicitation of an offer to buy LPS Coins in any jurisdiction where such an offer or solicitation is unlawful.
  Revisions
  LPS reserves the right to modify these Terms at any time. The revised Terms will be posted on Lpscoin.org. Continued operation of a Masternode following the posting of revised Terms constitutes your acceptance of the revisions.
  Contact Us
  If you have any questions about these Terms, please contact LPS.