Dash continues to make inroads in the Venezuelan market, now at a time when economic instability and hyperinflation have led citizens and merchants to seek alternative methods of payment.
After founding the "Dash Venezuela Project", the Venezuelan subsidiary has made several collections at conferences, slowly venturing into the Venezuelan market and with aspirations to grow considerably in the future.
Recently, the Dash team announced that it would give up to 12 conferences in Venezuela, something that would be a real challenge considering the Venezuelan financial situation and its position regarding foreign currency, as well as a supposed "financial interference" by the United States. , according to the government of Nicolás Maduro.
However, the Dash team has successfully managed to get its niche in the Caribbean country, even calling it the "Dash Nation". Despite the difficulties, the cryptocurrency has managed to open some step in some shops of the socialist nation. However, cryptocurrencies in general are still seen with some skepticism and ignorance in the Venezuelan people.
At the moment, all the funds raised by the project have been provided by members of the Dash community, mainly due to the massive decrease in the price that the cryptocurrency has gone through in recent months.
It is important to remember that the Venezuelan government is developing its own cryptocurrency, the Petro; Despite the skepticism and suspicion that this has raised in the international community after carrying out numerous financial sanctions against Venezuelan government officials for alleged cases of corruption, money laundering and drug trafficking.
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