IoTeX Cobo Node
China Delegate IoTeX with Cobo & Earn rewards
Intro

Cobo is the first leading wallet company in the world to offer Proof-of-Stake (PoS) and masternode rewards on user holdings, making it easy for users to effortlessly grow their digital assets.

As a company we emphasize long-term security, reliability, and convenience. Our key products and services reflect that vision. Altogether, Cobo offers a secure mobile wallet (Cobo Wallet), high-end cold storage wallet for advanced users (Cobo Vault), and custodial services for institutional investors (Cobo Custody).

With support for over thirty different coins, 500 tokens, and an integrated DApp store coming soon, we aim to be a one-stop shop for everything crypto.

Team

Shixing Mao (神鱼): Co-founder and CEO of Cobo, and co-founder and CEO of F2Pool.

Mao is a true veteran in the cryptocurrency field, entering the industry in 2011. The first company he founded - F2Pool - is the #1 mining pool for LTC, ETH, and consistently ranks near the top for BTC mining pools.

Changhao Jiang:Co-founder and CTO of Cobo; previously founder of Bihang (acquired by OKCoin) and Facebook research scientist 2008-2012.

Tech Setup

Server: master and slave server running IoTex software, with standard security measure (e.g. firewall, and DDoS protection)

Memory: 32 GB RAM

CPU: 16vCPU 2.4GHz

Local Storage: 8 TB SSD

Network: 1GB/sec

Community Plan

Cobo is a company that is firmly committed to supporting blockchain development and making cryptocurrencies easy to own and use. Our three established product lines - Cobo Wallet, Cobo Vault and Cobo Custody - can be integrated into IoTeX ecosystem. As one of the world’s leading wallet companies offering Proof-of-Stake (PoS) and Masternode rewards on user holdings, Cobo is experienced in managing up thousands of Supernodes across multiple chains. We are confident Cobo will be an ideal candidate to become an IoTeX Consensus Node.

Cobo will provide reward products with our BitGrow flexible plan, giving back 90% of node rewards to users and community members. Cobo will also help establish user communities for IoTeX enthusiasts and promote awareness of the IoTeX project through our owned channels. Cobo will also be prioritizing integrations and support for the IoTeX DApp ecosystem. We are also looking to set up a fund for IoTeX community management, project incubation, and development-related products within Cobo.

Reward Distribution Plan

90% - giving back to voters

10% - infrastructure maintenace

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