Out of all possible use cases of blockchain technology; like asset transfer, notarization, authentication etc. folks at SaveNode thought they should take a shot at a field dominated by finance giants and struggling between market uncertainty, regulations and of course fee pressure: asset management. Upon hearing the idea, my initial reaction went something like "What an ego on these guys!" but as I deepen my research, hoping to get a chance to laugh smugly at their doom-to-fail attempt, I slowly come to a hard realization. What I thought as "ego" was in fact a well-thought product with just the right innovations that might lead to success in crypto-asset management: a user friendly fi-tech solution to manage a portfolio featuring cryptocurrency trading, staking and masternode.

Since the downward-facing dog pose cryptocurrency charts were making by the turn of the year settled into a low-plank by the summer, it became difficult to convince investors into cryptocurrency trading as a more profitable forex alternative. The trend is sideways and the risk/reward ratio is there as expected. This market condition combined with initial costs, makes the investment value of POW mining also doubtful. That leaves us with staking and masternode mining, which, due to low initial costs, can provide quick return-of-investment even in slight downtrend and this is exactly the necessary assurance investors would like to see in their portfolio.

At this point, you might be asking who would need asset management for staking or masternode; after all, new hosting services already made it simple enough to invest in them. The answer is in choosing the right blockchain. There is always going with a safe, well established blockchain like DASH but the 7% annual return is not going to beat the market uncertainty plus inflation and return some profit. New blockchains, on the other hand, promise all of these and much more, but in an industry where PIVX forks populate and die like bacteria in a petri dish, the chances are quite slim and in any case it is not a task to succeed without technical knowledge, market knowledge and investing your full time. This is why an asset manager has better chances at beating the odds by creating a solid, up-to-date market index.

Managing such a unique set of assets requires a unique fi-tech solution which is currently in development by the SaveNode team to be released around early 2019. There is not much to say about the background mechanism as it is kept private as expected. I have to wait for some details to surface for a new article to cover details like algorithms, security features, AI etc. What we have right now is the user side. According to the Whitepaper, SaveNode has an elegant plan to make cryptocurrency investment easy for anyone. The investor only has to get his coins, select from four investment options, set a risk rate and hit start. The investment options are four top traded coins, selected altcoins, staking and masternode. To facilitate the investment decision further, the application is going to feature the projected reward, based on the selected investment options and risk.

I think I can speak for the entire crypto-community when I say crypto investment is a pain. Fiat to crypto on one exchange, crypto to crypto on another, download a core wallet for each coin and keep it up-to-date, set-up a masternode on VPS and keep it up-to-date, don't even start on staking. But it wouldn't be half-bad if everything could run smoothly, but it won't. Having all of this figured out and brought down to a few thumb movements on a mobile app is obviously a huge relief for all of us and a milestone on the way to mass-adoption.

That being said, a winner idea like this could hardly mean good news for the SaveNode team as it leaves them in the middle of a huge race against time. Even though the project has its authenticity, SaveNode is not the only one with plans on crypto fi-tech or a user-friendly crypto app. It all comes down to team's ability of releasing the working product sooner than later. So far, they are doing great; but can they keep up? Well, you have to see it for yourself: check them on SaveNode.io and meet them on Discord. The reason I keep track of SaveNode is to enjoy the low fees when the application comes out. The Whitepaper already mentions a 25% fee and an additional SaveNode coin discount, but it might even go lower than that with early bird specials, big investment discounts and bonuses; fingers crossed.