I am developing a cryptocurrency on top of ethereum blockchain that will have some sort of rewarding features for the large hodlers of the coin.
I know two ways of doing that:
- Airdrop - like Pundi X is doing everymonth
- Masternodes - like Dash, COLX, etc are doing
But according to my understanding ERC20 tokens can not implement masternodes because it is against consensus mechanism and Tokens are nothing but just another smart contact. So, I think it is 100% impossible to do that.
What do you think about it? Please correct me if I am wrong in here.
And what are the ways I can reward the large amount of hodlers of the token every month like Pundi X?
TL;DR Ways of rewarding large hodlers of a token.