Tag Archives: Dash Spotlight

Dash Spotlight: Dash Is Helping Solve Hyperinflation in Venezuela

Welcome our Truth In Media spotlight on Dash Digital Cash.

Venezuela’s economic crisis is infamous across the world. But could Dash Digital Cash be a solution to that problem?

The South American country has been plagued by never-ending inflation and devaluation of its central currency, the bolivar.

As we reported on Reality Check, the Venezuelan government recognizes the opportunity with cryptocurrency to solve its economic problems. But their approach is the petro, a cryptocurrency essentially backed by oil, not the blockchain. Take a look.


In that episode, we reported, “The two major selling points of blockchain are radical transparency and decentralization, meaning no one can manipulate the supply or the transactions, including the government. And it’s those two aspects of blockchain that governments are not fans of.”

So what can the people of Venezuela do to solve this problem? A group of citizens have discovered the power of Dash Digital Cash to advance genuine, long-term solutions.

The Dash Venezuela project, led by an organization called Dash Caracas, was launched in 2017 by Eugenia Alcala Sucre. She saw the currency’s potential to help Venezuelans break free from government currency and achieve real prosperity.

A proposal was submitted to the Dash Treasury last year to finance a series of educational conferences, aimed to teach Venezuelans, step by step, how to use Dash Digital Cash as a much-needed alternative to government issued money. It easily gained the votes necessary to fund the project.

The results have been promising, with now 15 Dash communities within the Dash Caracas organization.

In less than a year, more than 4,000 people have attended these educational conferences. And the number of entrepreneurs accepting Dash as payment has grown to over 100.

These conferences are an inspiring example of effective outreach, supporting widespread adoption of Dash use throughout Venezuela.

Be part of the revolution and start using Dash Digital Cash today.

Dash Spotlight: Enabling a Better Life for Kids in South Africa

Welcome to our Truth In Media Sponsor Spotlight on Dash Digital Cash.

This Dash Spotlight highlights one of a number of grassroots efforts by the Dash community: the Dash Leopards soccer school in South Africa.

The Dash Leopards are working to enable a better life for kids in South Africa through sports, education and social activities.

Dash has allowed the soccer program founder, Coach Ricardo, and the other coaches, to use soccer as a tool to help the players with life skills.

The Dash Leopards program also offers tutoring to help children with their schoolwork, and they’re learning about healthy food and nutrition, receiving snacks and smoothies prepared with fresh ingredients.

Dash Africa’s community outreach efforts have brought awareness of Dash across the African continent, a place where Dash can truly thrive due to Africa’s large numbers of unbanked individuals, who are familiar with using mobile phones for handling money.

Cryptocurrencies like Dash are a natural fix for the continuous problems with the devaluation and corruption associated with fiat currency. Fortunately for Africa, Dash is a decentralized currency that holds value across the globe.

Be part of the revolution and start using Dash Digital Cash today.

Dash Spotlight: How Dash Operates As a Money-As-A-Service Business

Welcome our Truth in Media spotlight on Dash Digital Cash.

Dash Digital Cash is the exclusive sponsor of Reality Check and the Truth In Media project.

In the first Dash Spotlight, I reiterated that Dash is a revolutionary cryptocurrency that will change the game for everyone.

So how is Dash Digital Cash revolutionary? Well, Dash Digital Cash operates as a money-as-a-service business. This is what separates it from other cryptocurrencies built on the blockchain.

Dash is run by a decentralized, autonomous community of people from around the globe. To operate as a money-as-a-service business, members of the Dash community decide on projects to fund that will increase the use of Dash, and make a difference in the world.

Here’s how it works: instead of other blockchain based networks giving 100% of each new crypto coin to miners, Dash Digital Cash divides its block reward, or unit of Dash, into three different parts:

45% goes to the Dash miners, or nodes, 45% goes to masternodes, and 10% goes to the treasury.

We’ll explain nodes and master nodes in the next Sponsor Spotlight. For now, let’s focus on the treasury.

The Dash Treasury is a pool of Dash Digital Cash allocated to support the growth of Dash, fund independent media, like Reality Check and Truth In Media, and help facilitate innovation in different industries that can solve big problems.

Be part of the revolution and start using Dash Digital Cash today.