Latin America Dash Community Promoter, Dash LatAm, Closes Down Shop in Most of its Markets

DASH cryptocurrency organization founder in Latin America announces closure of its operations including all promos, buybacks, support and events in all 20 cities the community was present in.

The Dash Crypto community has suffered a setback in the Latin America market following a decision to shut down Dash LatAm. This was a South Americaa based organization that played a major role in promoting Dash oriented projects to raise funds through Decentralized Autonomous Organization (DAO).

Dash LatAm founder, George Donelly, broke the news in a recent publication on his blog post.

He has noted that that Dash Core had warned them about the shutdown situation;

“Dash Core has warned us that Dash LatAm's operations are definitely not going to continue,”

He added that;

“This means that there will be no more promotions, events, buybacks, support, etc. in the 8 countries and 20 cities where Dash Latam was active.”

The core activities by Dash LatAm were mainly creating awareness, convenience and ease of using the Dash crypto coin in Latin America. Its team consisted of over 80 members posted in various countries although the main target markets were Columbia and Venezuela.

Dash made the decision to drop this Latin America associate after they failed to meet the expected community funding. Donelly said that Dash LatAm latest proposal on DAO was meant to raise 344 Dash which translates to $25,085. Unfortunately, the organization did not meet the target which came as shock to Donelly and his team given the manpower they had dedicated.

Dash Crypto Coin Exchange Listings

Bitcoin Exchange Guide reported in mid-October that the private coin had been listed on Binance Exchange. The digital asset can now be traded against USD, Bitcoin or USDT; this was a major milestone given the private nature of Dash and delisting cases that have been attributed to the feature. In addition, Dash survived a recent delisting by OKex in South Korea, after the move was suspended until they get feedback from the Financial Action Task Force.

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Lujan Odera
Lujan Odera
Lujan is a blockchain technology and cryptocurrency author and editor. He has worked in the field of cryptocurrencies and blockchain technology since 2015 helping him gain enough experience to be the writer he is today. He is known for his simple writing style that allows novices to understand the field in the simplest way.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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