Dash community I would be interested in the Community's ideas on establishing a Venezuela DAO to create the first DASH Nation in the World. The treasury funding is currently being used up mainly by core and there is not enough money to fund the Venezuela projects. The importance of funding these projects cannot be underestimated. We must keep up the momentum that we have started if Venezuela is to become the first DASH nation. I would be interested to know if other MNOs may be interested in creating a Venezuela DAO funded by MNO rewards as described below. Venezuela DAO Return on investment: If the DASH treasury represents 10% of the DASH rewards and that is currently 6,176.72 DASH. MNOs have 45% of the block reward this would make 27,792 DASH per month paid out to the MNOs. At today´s price that is equal to 6,948,000 Million USD. This DASH could be held by a trusted party perhaps someone like Evan Duffield or Ryan Taylor or some other trusted party? I, and other MNOs could invest some of time each week to work with the Venezuela teams to work out strategies to promote DASH in Venezuela. We would need to work out how the projects would be selected for funding. However I would suggest that we have something similar to the current treasury voting system however dedicated to Venezuela projects only. At the end of the month the winning projects would be funded. I think however it would be beneficial for some MNOs to interact more closely with the Venezuela teams to formulate the right types of projects to get funded. i.e. the MNOS could suggest projects instead of waiting for someone to post a proposal. Below are some approximate financial calculations on the ROI if Venezuela converts to DASH. The country´s GDP was 349 Billion USD in 2017. Bear in mind this is including when the country is one of the worst times in its history it still generated 349 Billion USD equivalent. Also bear in mind that Venezuela has the largest oil reserves of any country in the world, making it a very wealthy nation see this reference: https://en.wikipedia.org/wiki/List_of_countries_by_proven_oil_reserves . However Venezuela cannot invest in its petroleum infrastructure at the moment due to the crisis the country is undergoing. If however the country had a stable currency it could find its feet again and start to invest in this industry. This could unlock huge wealth for the country. Let is just make a conservative assumption that only 25% of the 349 Billion USD could be in DASH within the next two years. That would give a DASH market cap of around 89 Billion if Venezuela took up DASH. There are 8.1 million DASH coins that would give a DASH price of $10,987 USD per coin. That would make each masternode worth around $109,870,000 USD In addition if Venezuela adopted DASH as a parallel currency this news would create a world wide media sensation and many more millions of investors would pile in to invest in DASH. That would give Wachsman something to write about! Even us setting up this DAO would create tremendous buzz in mainstream media which would likely have a positive impact on the DASH price. Would it be a good return on investment for MNOs to donate just 1 month’s worth of our earnings to have the very real chance of each masternode being worth around 109 Million in a few years? What if we were asked if we would be willing to donated an entire year´s worth of DASH earnings to Venezuela? Would it be worth it if a Masternode went up to 109 Million? If we donated that quantity of DASH I think the conversion of Venezuela would be inevitable. It would also happen very fast because then we would have substantial financial resources. Again this would be an excellent story for Wachsman to promote across all mainstream media. What I’m proposing is we consider creating a Venezuela DAO with just 1 month´s worth of DASH MNO rewards from all the MNOs. We would use these funds to promote Venezuela projects to establish DASH. If these funds were to run out we could then consider refunding again if we see substantial return on our investment. We could create a pilot and see if this would work. We have not yet created a separate DAO and I cannot think of a better DAO than one for funding the Venezuela projects. In addition MNO could put forward their own Venezuela projects for consideration and the Venezuela teams could find people to undertake those projects. The other option is we keep limping along hoarding our DASH rewards each month hoping that something spectacular is going to happen to the DASH price. If feel we need to consider proactive measures to make the DASH price increase instead of hoping it will increase let us use our DASH rewards to make it happen. Currently the DASH price is decreasing each month and not only this we are slipping down the coinmarket cap charts. We are now a miserable 14th position and falling. We used to be 4th . We have to take action otherwise there is a risk that our coins could keep devaluing. We can´t rely on core to promote DASH. Their strength is in software development not marketing or PR or business development. Our role as MNOs is to make solid business decisions to boost the value of DASH but we could expand that role to be DAO creators. I feel we can make it happen. The other option is for us to keep sitting on our butts hoping things are going to happen on their own. Business ventures that are successful have the following key ingredients a) right timing (we have this) b) have the right product or service (we have this) c) have large volumes of customers who want/need the service (we have this, there is a currency crisis in Venezuela) d) have the right people ( we have this with the Venezuela teams who are working their hearts out. I encourage you to watch the video above with Eugenia and Rodrigo ) we could not hope for a better teams. See this interview with Rodrigo and Eugenia on what has been achieved e) work your butt off to make it happen. (we have this attitude with the Venezuela teams. Their livelyhood depends on it.) f) financial investment. This is our role. We have the DASH tokens. What are we going to do with them. Sit on them or invest them to make it happen in Venezuela? The above is the formula that has proven to work time and time again. We have everything in place. The timing is the most important thing of all with the right management. Personally I feel this would be a very good investment and I would be willing to invest all my DASH funds for one month for a trial of the Venezuela DAO however I would be willing to do this only if the other MNOs would also be willing to do the same. Donating on my own, would have very little impact however. But if I knew all MNOs, or a good number, would also do the same as me I would think it would be an excellent return on our investment because that quantity of DASH would have a major impact. We have the power to make it happen. All we have now are token rewards each month that are going down in price. Let us at least consider converting those tokens into labour, sweat and hard work to convert Venezuela to using DASH as a parallel currency. We can do it if we take a chance to trust each other, to trust the Venezuela teams and believe in our product to make real change. I would not only be prepared to donate all my months´ DASH earnings if the other MNOs would also vote to do the same but I would also be prepared to put aside some of my time to work with the Venezuela teams to formulate strategies to make it work in Venezuela. I have already been contributing in this regard. I personally feel that investing our funds into Venezuela is one of the best possible returns on investment if we can be sure that the money was being used wisely. If we could create a Venezuela DAO and work out how we could run it I think this could have a huge impact in Venezuela and it would give Wachsman PR something noteworthy to write about which would also increase the DASH price as millions of people can see what we are doing. What do the other MNOs think about this idea and what would you be prepared to do?