Proposal “DIF-SUPPLEMENTAL-FUNDING-Jun-2021“ (Completed)Back
| Title: | DIF Supplemental Funding June 2021 |
| Owner: | TheDIF |
| One-time payment: | 450 DASH (13819 USD) |
| Completed payments: | 1 totaling in 450 DASH (0 month remaining) |
| Payment start/end: | 2021-06-13 / 2021-07-13 (added on 2021-06-18) |
| Final voting deadline: | in passed |
| Votes: | 629 Yes / 109 No / 30 Abstain |
Proposal description
This is a proposal for supplementary funding of 450D for the month of June.
What Does This Proposal Fund?
All Dash received are for only two purposes:
1) reserves and
2) fund management/admin/legal expenses.
First Quarter of this year we spent evaluating opportunities. Of several opportunities we identified two in Brazil. Our Q1 reserve management and DAO distributions are enough to fund these two investments. There are at least two more attractive investments that have come across our desk one in Brazil and one in the US.
Rodrigo and Hytham recently published their a DIF podcast with the CEO of one of our recent investments in 88i in Brazil.
https://odysee.com/@DashInvests:7/dif-highlight-dif-interviews-portfolio:3
Our Q1 Report is out
https://odysee.com/@DashInvests:7/dash-investment-foundation-q1-2021:e
If you prefer to read, the slides of our Q1 report are available
https://www.darrentapp.com/pdfs/2021-Q1-report-handout.pdf
As stated in the quarterly report the DIF has been using a balancing strategy appropriate for the volatile environment we find ourselves in.
What Does This Proposal Fund?
All Dash received are for only two purposes:
1) reserves and
2) fund management/admin/legal expenses.
First Quarter of this year we spent evaluating opportunities. Of several opportunities we identified two in Brazil. Our Q1 reserve management and DAO distributions are enough to fund these two investments. There are at least two more attractive investments that have come across our desk one in Brazil and one in the US.
Rodrigo and Hytham recently published their a DIF podcast with the CEO of one of our recent investments in 88i in Brazil.
https://odysee.com/@DashInvests:7/dif-highlight-dif-interviews-portfolio:3
Our Q1 Report is out
https://odysee.com/@DashInvests:7/dash-investment-foundation-q1-2021:e
If you prefer to read, the slides of our Q1 report are available
https://www.darrentapp.com/pdfs/2021-Q1-report-handout.pdf
As stated in the quarterly report the DIF has been using a balancing strategy appropriate for the volatile environment we find ourselves in.
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Discussion: Should we fund this proposal?
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If you haven't seen, our Q1 report is here:
https://www.youtube.com/watch?v=mXBqp4GGJlc
link to slides in the text. Quarterly reports are when I put all the DIFs cards on the table. We're ending Q2 this month.
Rodrigo has been producing podcasts about the DIF; here's the latest one:
https://www.youtube.com/watch?v=1VCjhJBnvso
This podcast includes an interview with the CEO of 88i, the DIF's most recent investment. If you prefer to read about this investment:
https://www.cryptonewsz.com/dash-makes-an-investment-in-brazilian-startup-venture-88i/
Last meeting I was assigned the task of exploring what it would take to launch a newsletter. I'm doing that now, and think we will be able to target monthly publication going forward.
I would like clarifications on two projects. Where does the CrayPay app stand, it was originally projected as being released in April and here we are in June. I understand that it is out of your control to a certain extent, but we need updates on DIF associated projects, which is well within your control.
Second, the financial services integration was finally announced without an accompanying Dash product. My understanding was the entire reason for the delay was so the product could launch simultaneously with the announcement. Is Dash that toxic in the financial world that you had the creation of the product fall through twice? We need details on what happened.
Also check out the link below regarding your comments - this is related to the most restricted Financial Market in the world - NY
https://trusts.valkyrieinvest.com/dash-trust
There is no way to get to the link you sent me through their website. You have to directly link me to it which raises the question how would anyone new ever be exposed to the option?
Secondly, when using this link that you sent, if I click invest now, I am taken to a web page that only allows investing in Bitcoin and Polkadot, still no actual dash product. I don't think me question has been answered at all and I am waiting for further clarification.
Once the product is ready to be launched there will be a full press release which will be managed by the product owner (Valkyrie).
So there nothing fishy going on, the Dash Trust webpage On the Valkyrie website is not ready and the link should never have been posted in a public channel by a third party like that.
Hope this helps.
Walter
Not to mention the first page clips half the logo on top + the menu only shows Bitcoin and Polkadot. And even that menu is distorted for me.
The site is put together by noobs. I cant take this seriously.