This page is about the SNOWGEM Masternode asset. After the success of the DIVI master node (check here), we decided to open a new asset for these who want a more privacy oriented coin than DIVI. This is why this asset was born. If you are interested about the project, numbers or you have not enough alone to purchase, setup and maintain master nodes and you want to share investment and risk, please read information below.

Who are we ?

We are among the first users of the DigiBroker site and we are passionate about investments and Digibyte.

With the arrival of the website, we realized that we could invest in several people, in order to limit the risks on the one hand but also in order to have passive incomes while limiting the initial investment.

Together we go further and we are stronger.

What is TheGatewayProject ?

This project was born from the idea of 10 of DigiBroker’s regular members to acquire passive income in the Digibyte blockchain with a minimum of effort.

So we decided to meet and form TheGatewayProject.

This project aims to build bridges between the different blockchains. We build masternodes in other blockchains in order to collect the profits and repatriate them to our Digibyte wallets. In this way, we carry out cash flows and make our Digibytes work, which makes it possible to contributing to the use case of the Digibyte currency.

Is it risky ?

Like any investment project, theGatwayProject remains a risky investment.

However, when you buy an asset, you are not buying a void. You buy a part of the amount made available to activate the staking server (the collateral). You are the owner of the coins dedicated to the asset you purchased.

It is in fact a question of making a kind of mining for another cryptocurrency and recovering its benefits.

However, this investment remains less risky than investing in a mining farm.

Indeed, a mining farm, to be profitable, depends both on the price of the crypto currency, but also and especially on the equipment. A hardware failure will inevitably occur. On stacking, we don’t have this problem. Profits therefore depend solely on currency exchange rates. If for some reasons we decide to stop the project, you will get back your part of stacked coins (collateral) proportionally to your owned amount.

We choose the best projects in order to ensure maximum profitability.

Fully based on digiBroker

TheGatewayProject is fully based on DigiBroker features. The sale of shares is made on the platform and the automated distribution of payouts is carried out by the “automatic profits” functionality of the DigiBroker Profit Manager. Asset was created via digiBroker and the imageProxy server is used.

Profitability :

So, for this master node, was needed :

  • 14 Months server rental (for 10 servers) – 380$
  • Asset creation – 2$
  • 3200$ XSG for escrow
  • 30$ annual exchanges fees
  • 1200 Assets at 586 DGB (if extra DGB, we will redistribute them)

Return over investment :

  • Arround 24 000 XSG per year profits
  • Depending on exchange rate, your digiasset price will follow snowgem and digibyte prices. If XSG go to the moon, your digiasset price will follow.

How much collaterals are locked within the pool ?

10 masternodes, with 10 000 XSG each = 100 000 XSG locked as collateral

1 digiasset = 83,33 XSG 100,30 XSG (206 assets burnt)

Interested or have questions ?

Visit us :

Project Fathers

  • Mark
  • DigiClemR (DigiBroker)
  • eLion

Official asset ID