Are you searching for a masternode project to invest in but don’t know where to start? A quick look at cryptocurrency data aggregator sites like CoinMarketCap or CoinGecko shows that there are hundreds of masternode projects, many of which are no longer functional. In this short guide, we’ll take you through some of the top masternode projects that are still functional in 2023 and may be worth checking out.
Let’s dive right in…
Dash
When it comes to masternode technology, Dash is undoubtedly a leader of the pack. Beyond pioneering the masternode concept way back in 2014, Dash has managed to stand the test of time as a cryptocurrency that enables private and near-instant payments both online and in-store. To date, the protocol has processed over $4.4 billion in payment volume, with more than 8,000 daily transactions. About 34% of Dash’s circulating supply is currently locked in masternodes collateral.
- Price: 1,000 DASH tokens (around $41,000 at current market prices).
- Annual ROI: 7.19% ($220 monthly)
- No. of Active Masternodes: 3,841
DeFiChain
Lauded for its efforts towards bridging the gap between Web2 and Web3, DeFiChain touts itself as a blockchain dedicated to making “fast, intelligent, and transparent decentralized financial services” accessible to everyone. The protocol has the highest number of active masternodes, as well as the largest annual ROI on this list.
- Price: 20,000 DFI or $7,300
- Annual ROI: 45.95% ($279 monthly)
- Active Masternodes: 15,169
PIVX
Short for “Protected Instant Verified Transaction (or eXchange),” PIVX is actually the first Proof-of-Stake blockchain to implement masternodes. The privacy-centric project is a fork of Dash that offers features such as Zero Knowledge transactions, lightweight proofs, and near-instant transaction speed.
- Price: 10,000 PIVX or $2,200
- Annual ROI: 19.63% ($35 monthly)
- Active Masternodes: 1,669
Firo
Formerly known as Zcoin, Firo is a privacy-focused cryptocurrency that was launched in 2016. It is based on the Bitcoin codebase but uses the Zero-Knowledge Proof protocol to enhance user privacy and anonymity. It allows users to make private transactions without revealing their identity, transaction amount, or wallet balance.
- Price: 1,000 FIRO or $1,730
- Annual ROI: 15.19% ($21 monthly)
- Active Masternodes: 4,398
Divi
Launched in 2018, DIVI is a cryptocurrency that aims to make the use of digital assets more accessible to a wider audience. Its key features include fast transaction speeds, low fees, and ease of use. The platform offers a user-friendly wallet interface with features like one-click masternode setup, instant transactions, and multi-currency support.
Unlike other masternode-enabled coins, DIVI has five tiers of masternodes – Silver, Copper, Platinum, Diamond, and Gold. Each of these tiers of DIVI Nodes receives different rewards based on commitment size.
| Tier | Copper | Silver | Gold | Platinum | Diamond |
| Price | 100,000 DIVI or $418 | 300,000 DIVI or $1,250 | 1 million DIVI or $4180 | 3 million DIVI or $12,550 | 10 million DIVI or $41,830 |
| Annual ROI | 1.44% ($0.49 monthly) | 1.93% ($1.99 monthly) | 4.66% ($16 monthly) | 10.47% ($108 monthly) | 35% ($1,206 monthly) |
| Active Masternodes | 833 | 606 | 283 | 122 | 41 |
Syscoin
Syscoin is a decentralized blockchain platform that was launched in 2014. It offers a variety of features such as fast transaction speeds, low fees, and cross-chain interoperability. Syscoin operates on a hybrid proof-of-work/proof-of-stake consensus mechanism and uses the SHA-256 hashing algorithm. The platform offers a range of services such as decentralized marketplaces, asset tokenization, and identity management.
- Price: 100,000 SYS or $11,600
- Annual ROI: 7.73% ($73 monthly)
- Active Masternodes: 2,584
Beldex
Beldex is a privacy-focused cryptocurrency and blockchain platform that was launched in 2018. It uses a unique combination of ring signatures and zero-knowledge proofs to enhance user privacy and anonymity. Beldex operates on a hybrid proof-of-work/proof-of-stake consensus mechanism and uses the CryptoNight hashing algorithm. Some of its key features include a decentralized exchange, atomic swaps, and encrypted messaging.
- Price: 10,000 BDX or $450
- Annual ROI: 30.11% ($10 monthly)
- Active Masternodes: 2,187
In conclusion, this article does not constitute financial advice or in any way endorse the mentioned masternode projects. Readers are advised to carry out their own research before investing in any cryptocurrency project.
