Dash Core Group CEO Introduces New Funding Model for Cryptos The developers of Dash (DASH) have announced the launch of “Dash Ventures,” a dedicated investment fund to support the ongoing development of the privacy-oriented cryptocurrency. As mentioned in an official blog post, published by Ryan Taylor, the Dash Core Group CEO, on May 9, 2019, the newly introduced investment initiative’s legal name is “Dash Investment Foundation.”
Dash Investment Foundation
According to Taylor, the Dash Investment Foundation was “incorporated on March 21st, 2019 as a Cayman Islands foundation company limited by guarantee.” The Dash Core Group CEO claims it is the “world’s first ownerless and memberless” investment fund. He explained the fund’s managers will be tasked with “strengthening the Dash network” via investment operations” which will be funded by the cryptocurrency network itself.
https://www.cryptoglobe.com/latest/2019/05/dash-core-group-ceo-introduces-new-network-based-funding-model-for-privacy-coin/