Contents
Key facts:
The Dash Investment Foundation will hold its first proposal on Monday, 9 September.The resources will go to three areas: blockchains, payment methods, and technology to the consumer.The Dash Investment Foundation (DIF), a fund created in may to make investments on behalf of the project Dash, announced that it will request to the treasury 9 per cent of its capital to make investments in three areas. The aim of the organization is to inject resources into the industry blockchain, in the of payment methods and technology to the consumer.As was announced by Amanda Johnson, president of the DIF, who noted that the fund executed the investment taking into account the opportunities that will arise for cases of use of the criptomoneda. The executive explained that the trust is open to forming partnerships with potential partners, through options, bonds, loans or shares.The payments made to the DIF will be diverse to counteract volatility. The funds will be distributed as follows: one-third in the Dash, another third in gold and one third in us dollars. In addition, it was reported that the foundation take place this Monday, September 9, its first investment proposal to be put to the vote.The fund was legally established in the Cayman Islands and operates independently of the Dash Core Group. This is not an organization that moves to the treasury, but will work together to make the investments that your team deems most appropriate.
Add value to the network
For more details on the DIF, Breaking News spoke with Ernesto Contreras, business development manager for Dash Core Group, in Latin america, who indicated that the strategy of the foundation is oriented to add value to the network Dash.
The Dash Investment Foundation has the legal structure and the ability to establish contracts equity with startups, organizations, and others to invest in the name of Dash. These investments are the property of Dash and the aim is to give greater value and use to the network.Ernesto Contreras, business development manager for Dash Core Group in Latin america.
The executive added that the DIF, like the rest of the organizations working in the ecosystem, Dash, will be making a proposal to request funds this month and begin operations. These funds will then be used by the DIF, according to the proposed strategy.“Dash Investment Foundation is a new entity within the Dash, independent of all other organizations. It is the property of the network Dash, who vote by means of the masternodos in favour or against the proposals of the DIF, approved by the representatives and directors periodically,” explained Contreras this paper.The foundation was announced last may and was originally known as Dash Ventures. At that time, the CEO of Dash Core Group, Ryan Taylor, announced that it would offer its services during the first year as a participant without the right to vote.