How DashDonates Will Evolve the Dash Funding Model.
Dash Funding has supplemented its model by introducing DashDonates. The new feature will provide a supplement to the funding model and the dash DAO. The decrease in price has affected the proposals that have the potential to increase the adoption of Dash. The new supplements hence intend to help in the facilitating of projects that the community is passionate about.
The innovation of the new supplement is also attributed to the fact that the MVP is unoptimized for mobile use and cannot hold funds for displayed projects. DashDonates goes on to share on how they will provide links for verifying the wallet addresses so that you can verify the information posted. The website has four proposals:
- Dash Embassy
- A specialized course for merchants
Each of the above proposals shows how Dash has been distributed out to every proposal, the QR code, each wallet donation address, and the least Dash Target.
Fittest Projects to Survive
Dash can financially support its DAO treasury system by allocating 10% of rewards for voting on by Master node owners. This thus enables Dash to fund its private network development without seeking financial help.
Dash Boost has come in to offer a route for projects that require smaller Dash funding yet face less competition from bigger proposals. Another project in Dash ventures will provide the network with a unique way of funding projects with high direct return rate.
With these projects, Community members have an opportunity to give their Dash to projects they view as more viable. The community is also able to vote out projects that require large Dash spending.
Evolved Funding Mechanism
With DashDonates, Dash can continuously evolve and change network environments. DashBoost, DashDonates, and DashVentures enable unpopular proposals to seek small-scale funding. The combination further allows Dash to differentiate itself from other cryptos as it does not fully rely on a single funding model.
Also, Dash has the upper hand compared to other cryptos in that its structure allows the growth and shrinking of their network funding model. By this, the Dash network model will evolve to meet the user needs and specifications.