Terracoin (TRC)

Node Profitability

At the time of this review, 2/2/2018, Terracoin’s masternodes are worth about $1,500. This is a safe amount for a person looking to get into their first masternode. Terracoin does seem to be in a long term slow uptrend which is something you dont see in many other masternodes. Currently you need 5,000 TRC to host masternode and there are around 1100 masternodes out there who each receive an annual ROI of approximately 21%.

Currently Terracoin is ranked just under just under number 600 on coinmarketcap with a daily volume of around $26,000. Terracoin is listed on several exchanges including Cryptopia, C-CES, and Trade Satoshi. TRC developers have told me that they have applied for various other exchanges.

Terracoin has a github page, linked from their website, that has a step by step guide on how to setup a masternode. They also have a dedicated channel on their discord for support.

Total Score: 3.3/5

Product & Technical Information

Terracoin is not like other masternode coins as its not just a masternode.  They do plan to help around the world and donate money when their coin reaches $1.  They have donation masternodes set up and when they reach their price the money from these nodes will be given to projects around the world to make the world a better place. Half of the money produced by these masternodes go to the charities and half go to buying more donation masternodes.

Total Score: 3.5/5

Communication Channels

Terracoin uses almost all of the communication channels including Mattermost.  I was able to speak with a Dev on Mattermost.  Their twitter account is fairly active and tweets out weekly updates on the coin.  Their facebook does not seemed to be used enough but they do have one which a lot of masternode coins do no have. Their reddit also does not have a lot of posts but the content is usually pretty quality with no one complaining.

Total Score: 2.5/5

Personnel

I was unable to find any information about developers or advisors.

Total Score: 1.7/5

Professionalism

Terracoin seems to be focused on growing their coin. They send out a weekly update on what is going on with the coin and all of their social media has been focused on promoting themselves, even though it is not used as often as it should.

Total Score: 2/5