October 7, 2020 2:21 am

Dash Investment Foundation Enters Historic Partnership With ReadyRaider

For the first time in history, the Dash network has formed a legally binding partnership with a for profit business. The Dash Decentralized Autonomous Organization has agreed to finance a round of funding for ReadyRaider in exchange for 6% ownership in the venture. The Dash Investment Foundation (DIF) will accept ownership of this equity on behalf of the network.

ReadyRaider, a promising esports and video game companion application, posted a funding request to the Dash Network in early September. The proposal promised to further advance cryptocurrency based payment integrations throughout their continuously growing platform. ReadyRaider has exclusively used Dash for event payouts, premium services, and more, due to low payment costs and borderless transactions, allowing gamers across the globe to compete without restrictions associated with traditional payment methods.

“I have remained a public proponent of Dash for some time, offering time and resources to  advance network benefits and visibility. The team at ReadyRaider is ecstatic to complete this historic binding partnership with the Dash Investment Foundation. We look forward to scaling the platform alongside new features being launched by Dash developers.”

Jacob Ballou, CEO and Founder at ReadyRaider

The proposal, which passed …………
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Original link: https://newsroom.dash.org/110938-dash-investment-foundation-enters-historic-partnership-with-readyraider

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tungfa is responsible for social media communications, and posts both original stories and links to news coverage of Dash from around the web.