Some people have asked about the equity that is received in exchange for a quadency investment. I've learned that often Venture Capital is not that simple. I understand this question, and will answer it below. However I would like to first say that I believe one of the main benefits of this proposal is the building out of a FastPass partner. This proposal helps round out the partnership and allows the Dash Network to support the FastPass network in a holistic way. As is often the case it is very difficult to value private equity. As a result many investments utilize SAFE agreements. SAFE agreements are tied to a future funding round where a valuation is established. As an early investor takes more risk, the early investor gets the equity at a discount. For the Quadency proposal, there is a SAFE agreement that the DIF is a party to if the proposal passes. This SAFE agreement would provide a 20% discount to a future valuation. 20% is fairly standard. Also, by supporting Quadency with this proposal, the Dash Network is provided $20,000 of advertising building out the FastPass Network and branding. So the math is: $100,000 goes in and equity and advertising comes out. If Quadency has a second successful round then the equity would be worth $125,000 at the new valuation, and the network would have also received the $20,000 of advertising. With best wishes, Darren [link] [comments] via Dash is Digital Cash https://www.reddit.com/r/dashpay/comments/k0bjg6/clarification_about_dif_quadency_proposal/ ReadyRaider eSports Gaming Platform Launches Shop with 10000 Products with 5% DASH Discount!11/23/2020 I would like to help start Dash awareness in my town. What is the best way to go about this? I see so much happening in other parts of the world, I want to do my part. Any ideas to get started? Perhaps a meetup group? [link] [comments] via Dash is Digital Cash https://www.reddit.com/r/dashpay/comments/jzb8bt/how_can_i_start_implementing_dash_in_my_community/ Hey guys, we at GetBlock.io provide access to 48 blockchain nodes via REST, JSON-RPC and WebSockets. DASH (DASH) is supported! Fill in the form and we will send you free API key to test it out. [link] [comments] via Dash is Digital Cash https://www.reddit.com/r/dashpay/comments/jvupy7/get_free_access_to_dash_node/ I am new to dash and have been looking into in but as much as we don't know what the future brings...I started buying Bitcoin at $19000. I swore that as soon as it did I would get all the way out of it and was looking at new prospects. What is your opinion on dash reaching $1600. Possible or not? Why or why-not? [link] [comments] via Dash is Digital Cash https://www.reddit.com/r/dashpay/comments/jyhxh1/what_is_the_likelihood_that_dash_will_reach_its/ The DIF funding proposal somehow didn't transfer to DashNexus. Please keep that in mind when voting.11/21/2020 That's all you need to know. [link] [comments] via Dash is Digital Cash https://www.reddit.com/r/dashpay/comments/jycgvn/dash_price_is_upping/ Hello, my staff and I are starting up a brand new telegram server founded today. There are going to be not many members at the start but I can assure you this is the start of a very legitmate high scale buisness. We offer Prepaid Visa and MasterCard at 55% of their value therefore a $100 card would cost you $55. The only form of payment is BTC. Before you comment that it is a scam, join and ask for a vouch copy. To learn more join our telegram server https://t.me/prepaidlab [link] [comments] via Dash is Digital Cash https://www.reddit.com/r/dashpay/comments/jy3fg7/prepaid_visa_and_mastercard_55/ |
DashDash is the cheapest, fastest, most secure and first instantly settled Proof-of-Work cryptocurrency in the world. Its network features instantly settled & respendable transactions, 51% attack immunity, optionally private transactions and the first decentralized blockchain governance and self-funding model through incentivized full nodes which also enable easy scaling for mass adoption. Archives
November 2020
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