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.
"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
"ReadyRaider has recently launched our new esports engine, allowing players from around the globe to compete in and create seasonal leagues in addition to traditional tournament events hosted by our team. We look forward to advancing this offering by completing the integration of our native payment system, based on Dash. The new integrations will offer a modern alternative to other platforms for gamers worldwide, and bring the ability to earn money through friendly and professional esports payouts to every gamer in the world. In addition to esports payments, we will also be releasing our full marketplace and other outlets to spend your winnings. This complete system will offer an unrivaled experience."
Jacob Ballou, CEO and Founder at ReadyRaider
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Dash is digital cash designed to offer financial freedom to everyone. Dash allows millions of individuals across the globe to carry out instantly re-spendable and secure transactions, with near-zero fees. Built to support real-life use cases, Dash is the leading decentralized payment solution: it is accepted at merchants globally, accessible via 1,600+ ATMs and 100+ exchanges worldwide. Dash has pioneered groundbreaking features including a two-tier network with incentivized nodes and decentralized project governance (Masternodes), instantly settled payments (InstantSend), instantly immutable blockchain (ChainLocks) and more. The Dash Network’s development is supported by Dash Core Group, the largest organization funded by the Dash Treasury, which supports and nurtures the continued worldwide development and integration of Dash. For more information, visit https://www.dash.org/ or follow the organization on Twitter @DashPay.
ReadyRaider helps players focus on what matters, the game. They put everything in one place for the aspiring gamer. There is something for every player with a powerful arsenal of game companion tools, team management systems, gaming item databases, and cryptocurrency powered eSports leagues.Their in depth network and companions also provide external support through API integrations to community development and other gaming ventures. Many ReadyRaider tournaments and eSports leagues are free to enter and their supported games list continues to grow along with their dedicated user base. You can learn more at https://readyraider.com.
The Dash Investment Foundation (DIF) is the world’s first ownerless and memberless investment fund. It was incorporated on March 21st 2019 as a Cayman Islands foundation company limited by guarantee and is completely controlled by Dash’s decentralized Masternode Network. Dash Investment Foundation is tasked with strengthening the Dash network through investment operations. By this the foundation creates a bridge between the network protocol and the legacy financial and legal systems. This opens new possibilities for entrepreneurs and the Dash network to partner and mutually benefit from the funding available through the Dash network via Dash Investment Foundation. For more information, visit https://www.dashinvests.org/ or follow the organization on Twitter @DashInvests.