DASH CEO Ryan Taylor Shares Why “Money, Can Be Better” and Crypto Payments Network Progress
Ryan Taylor, CEO of the Dash Core Group, talked with Bitsonline in order to discuss the current state of the crypto market and the future of Dash. The conversation was held at the Money 20/20 event in Las Vegas a few days ago.
Dash was able to set up an impressive booth at the event that left other competitors behind. At the Dash booth, Taylor said that Dash aims at building a better money system that the one that is currently available. And in order to achieve that, they are engaging with the financial and payments industry more broadly to develop new tools for users.
Dash has a different governance model compared to the other top 20 virtual currencies in the market. About it, he said that Dash is decentralized and they have a funding model in which anyone is able to put a proposal to the Dash network. The network votes on this issue and the highest ranked proposal pays out as part of the monthly cycle.
He said that they also published their vision and strategy for the growth plans that they have for the future.
About it, Taylor commented:
“I presented this morning and I communicated our overall strategy during that presentation. We’ve already had a bunch of people come up to the booth… It’s been critically important for us to clearly articulate what our strategy is.”
Dash is one of the largest and most valuable cryptocurrencies in the market. At the time of writing this article, Dash is in the 13th position according to its market capitalization of $1.31 billion dollars. Each Dash coin can be purchased for $155 dollars.
This virtual currency is being used by many merchants around the world. However, there is a country that has a very active Dash community. We are talking about Venezuela, a nation that is living one of the worst economic crisis ever experienced by a country. The inflation rate could reach more than 10,000,000 per cent this year and millions of Venezuelans are leaving the country.
Dash is being used in order for citizens to be able to pay for goods and services. Moreover, it can also be used to store value and avoid suffering from the highest inflation in the world.