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
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,
via Dash is Digital Cash https://www.reddit.com/r/dashpay/comments/k0bjg6/clarification_about_dif_quadency_proposal/
The subtext is amazing on this on-going twitter thread. Really. No adoption of "solutions". Acknowledgement of problem. Aggressive behavior. Perfect summary for anyone joining us late. Meanwhile Dash just works. RIP SATOSHI
Dash being a preferred choice instead of other coins while carrying out remittances on https://ift.tt/3kX2Cfm
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?
via Dash is Digital Cash https://www.reddit.com/r/dashpay/comments/jzb8bt/how_can_i_start_implementing_dash_in_my_community/
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Fill in the form and we will send you free API key to test it out.
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?
via Dash is Digital Cash https://www.reddit.com/r/dashpay/comments/jyhxh1/what_is_the_likelihood_that_dash_will_reach_its/
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The DIF funding proposal somehow didn't transfer to DashNexus. Please keep that in mind when voting.
25 food combos with delivery service paid with Dash by Venezuelans abroad thanks to Dash Delivery Service
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via Dash is Digital Cash https://www.reddit.com/r/dashpay/comments/jy3fg7/prepaid_visa_and_mastercard_55/
Dash 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.