CONDA (CRWD) Partners with DASH Cryptocurrency for Upcoming ICO

CONDA is based in Austria as a platform for crowd-financing, and they recently created a partnership with DASH, which essentially is shorthand for “digital cash.” CONDA will soon be having an ICO sale, during which time consumers can use their DASH tokens to invest.

DASH has been around for four years and is not prone to the same inflation rates and government restrictions. Right now, CONDA is in the whitelisting stages, which means that they are reducing the waiting time that the company would have to wait in June for contributors.

Anyone that participates in the whitelisting will have the opportunity to make their crowd-sale investments, as long as they sign up before June 4th. Along with DASH, consumers can use ETH to purchase CRWD tokens as well. However, the co-founder and managing partner of CONDA, Paul Poltner, said, “DASH is the only cryptocurrency that matches the technical requirements of digital cash. That fits our aim to connect the old and new financial economy.” The company hopes for continued cooperation between the two parties.

DASH: Digital Cash

As stated above, DASH has been available since 2014, and was originally introduced by Evan Duffield as a way to secure digital currency without the worry of inflation with regular purchases. There is a specific structure that maintains all of the data necessary to make it a Decentralized Autonomous Organization (DAO). Much like the CRWD token, DASH is centered around the use of the blockchain technology involved in cryptocurrency. With this type of structure, there is no concern over external investors.

Crowd-Financing Innovations

The blockchain basis of the CRWD network will be the entire goal behind their platform. With decentralization, there will not be any of the typical difficulties that come with security tokens. Since other ICOs work towards financing their own projects, CONDA takes another path. The investors and companies that contribute will also have benefits from the tokenized offerings, along with the benefits of both decentralization in the blockchain and an ecosystem with complete legality.

DASH With The CRWD Network

In this collaboration, there will not be any need to handle any transfers of currency and will not have to access any other capital. The founder and CEO of DASH in Germany, Austria, and Switzerland, Jan Heinrich Meyer, said,

“We are happy to cooperate with DASH, as we totally trust in this well-established, global cryptocurrency. Cooperating with CONDA is the next step for DASH to achieve our goals of broad usage and approval. By working with CONDA, we have a professional platform provider as a partner whose high standards of transparency and safety are matching with ours.”

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