Dash has become one of the strongest cryptocurrencies worldwide. It continues…
Dash has become one of the strongest cryptocurrencies worldwide. It continues to prove its spot in the industry as it becomes more and more relevant to the masses. It has become one of the fastest-rising cryptocurrencies worldwide.
Pros
One of the most mind-blowing things investors new to Dash come to learn is its $2.5 million monthly budget. Dash splits 90% of its block reward, or new coins created every month, evenly between miners and masternode stakeholders, with the remaining 10% up for grabs for whichever projects those masternodes vote to approve. At current prices, that equates to millions of dollars, a number that is only increasing. This alone gives Dash a significant competitive advantage over almost every other coin, as it represents enough funding to create and nurture a whole thriving ecosystem without any outside influence: no crowdfunds, no foundations, no angel investment, no corporate mergers or backroom business deals. The Dash ecosystem runs and funds itself.
Cons
Finally, Dash has a large marketing budget and is structured to spend resources on marketing, not on innovation. This is not a long term recipe for success.