Dash can be paid through a wristband

Festy, new wristbrand by Bitcard, allows to pay by Dash in real world
19 July 2017   1459

Fast growth of cryptocurrency market and their popularity leads to new interesting "real-life" techs, related to cryptocurrencies.

Irish gift cards platform Bitcard announced the release of the Festy wristband, which allows the payment of Dash cryptocurrency.

The multifunctional Festy is compatible with POS systems, where Visa payWave contactless payment technology is implemented. Also, it's able to interact with various devices equipped with NFC. The new solution also provides for the possibility of making offline payments using QR codes. All this allows you to adapt this technology to any environment and enables you to quickly pay off crypto currency at a variety of points of sale, including shops, bars, restaurants, etc.

You can replenish the account of the device through certain ATMs. Festy allows transactions within a few seconds and involve binding to a Dash account. 

Dash Core Group to Lay Off 8% Staff Including Execs

Remaining employees of the Dash Core Group voluntarily refused wages and bonuses to support the existence of the organization
06 March 2019   477

The software developer of the privacy-oriented cryptocurrency network Dash, the Dash Core Group, was forced to make some difficult financial decisions. So, on March 7, the company fire 8% of the stuff, including the strategic director and director of business development. This is reported by The Block.

Note that the remaining employees of the Dash Core Group voluntarily refused wages and bonuses to support the existence of the organization.

According to CEO Ryan Taylor, cuts will affect only certain parts of the company in order to avoid complete collapse.

The organization’s leadership claims that more than six months ago, a moratorium was imposed on hiring new people, and the spending policy remains conservative.

It is worth adding that Dash is a fork of Litecoin, which appeared in 2014. The company did not conduct an ICO, and the only source of income is 10% of the mining, divided between the miners and masternodes. Thus, the bear market has quite significantly affected the stability of the organization.

Recall that in November 2018, the Dash Text service was launched in Venezuela, which allows you to send transactions via mobile phones using text messages. Then the event had a positive effect on the asset quotes.