The Cost
ArcticCoin is by far the cheapest masternode you can set up right now.
As I'm writing this it takes approximately 46$ to set up. It takes 1000 coins, each coin is priced at $0.0461. (1000 x $0.0461 = $46.1)
Key Features
ArcticCoin describes itself as the coin to "Earn money on the Internet and create passive income sources"
The website states its 3 key advantages are
Security:
Maximum protection against hacking, can not be the same cryptocurrency to spend twice as each transaction is carried out in one direction only and not subject to cancelling.
Low Fee:
The absence of taxation and minimum commissions for completed transactions, independent of the amount of the transaction and territorial affiliation.
Profitably:
Goldmine node - limitless and safe opportunities for earnings. Coins that are in your wallet can be profitable without transfer to third parties.
The Masternode Itself.
ArcticCoin's masternodes are called Goldmine Nodes. Their is currently 1873 Goldmine Nodes active. The ArcticCoin website states that that each node has a profitability of:
0.09% daily
2.77% monthly
33.21% annually
The 4 biggest exchanges for ArcticCoin are
YoBit 24 hour volume $40,387
C-CEX 24 hour volume $36,789
Cryptopia 24 hour volume $16,838
Livecoin 24 hour volume $16,167
My Personal Opinion
I feel as if this coin is just another coin that will eventually fade into obscurity. It brings nothing new or ground breaking to the table. Its simply a coin for making a masternode. Which gives it practically no value. I do feel the dev team has the coins best interest at heart. I just don't think they realise how competitive this space is.
Thanks for reading :)