I have been following Obsidian (ODN), a small cap Stratis fork for a long time due to the original project. A decentralised secure messenger. (I am an advocate for privacy so projects enabling privacy by default get my attention).
The project ran into issues with a developer; Since it began as an ICO they have a legal obligation to the token holders to continue the project so for ease of development they have created a token called ODIN where development can continue and expand on the foundation originally created. They will still work on ODN as a community project but the focus will be on ODIN
After testing multiple blockchain's they are going with a masternode blockchain (potentially a fork of Phore).
There is still a direct coinswap/snapshot of ODN -> ODIN to undergo before ODIN masternodes are available to be setup, this is likely to occur in September.
The reason for sharing about ODIN masternodes is that they project is legitimate from what I've seen over 9 months. They have a team of people working on the project and are hiring more people. They have a solid community. They have expanded the scope of the project beyond a secure messenger in the latest whitepaper (not complete, v0.1) here: https://drive.google.com/file/d/1MkCNrSS4ldVDk5dtIGEV44r2_60wrSxx/view
The price is quite low for where the project has been previously due to the developer issues and from the bear market. For legal reasons they couldn't share a lot of what was happening with the developer dispute which affected the price.
ODIN masternodes will require 25000 coins. At current price that is around $1650 (0.00000801sat per coin) with a block reward starting at 116coins for the first 3 months (see rewards in the whitepaper). This could be an opportunity to get in early on a masternode before it becomes a masternode.
Be mindful there is still a coinswap from ODN (cannot buy ODIN yet and ODN has the potential to be dumped after the snapshot) and a few months before ODIN becomes a reality. Also they are going from 100million coins to 250million coins which also could affect the price.
An information post for an upcoming coin to potentially investigate, and as always, do your own research.