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South Africa

Dash African School Videos on YouTube

By | @rotc, South Africa | No Comments

African School – Nathaniel Luz, known online as @rotc, is producing a series of documentary videos.  According to Luz, “The purpose of Dash African School YouTube videos is for Africans to learn from Africans.”

The videos are used as material for the Dash Ambassadors training program.  The Dash Ambassadors initiative is currently operating in Nigeria, Cameroon and Ghana in collaboration with South Africa.

Please follow the channel here:  https://www.youtube.com/channel/UC9FWaDIcLYbDUvyyNy-3q6Q

Dash Ambassadors Training in Cape Town

By | South Africa | One Comment

Cape Town Ambassadors – Twelve new Dash Ambassadors have commenced training which will enable them to perform their own meet-up events, potentially reaching over 300 universities and colleges across South Africa.

The ambassadors attend weekly meetings during which we exchange Dash related information. Each Ambassador receives a small amount of Dash, to spend or save, which is vigorously exchanged as the Ambassadors practice using their Dash wallets.  Amanda B Johnson’s Dash School videos are prescribed homework!

The Ambassadors will be present at the upcoming Dash Leopards music concert, helping to promote Dash to over 2000 people.  They will also vigorously pursue merchant adoption, with seven merchants already lined-up.  We work in teams, so several ambassadors work together to arrange meet-ups.

The Dash Ambassadors initiative is the brainchild of @rotc from #Dash4Nigeria in collaboration with Slottle Addams from South Africa.

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Dash Leopards  ∙  South Africa  ∙  About Digital Cash

Dash Leopards: Live Music Concert

By | leopards, South Africa | No Comments

The Dash Leopards will be hosting a fund-raising live music concert on Sat, 24 Feb 2018, featuring top local artists including SA Idols 2017 winner PaxtonThe Rockets and Emo Adams.

The concert will raise funds for their Amsterdam tour, at Easter-time this year (2018).  As official sponsor, the Dash brand will be prominently visible during the entire concert, with banners, gazebos and swag give-aways including tee-shirts.

During the intermissions between performances, we will be showing Dash related videos on the big screen.

We anticipate that over 2000 people will attend.  Our team of 12 Dash Ambassadors will be staffing the gazebos, where snacks and refreshments will be sold.  Ambassadors will be promoting Dash and gathering contact details from interested people wanting to attend a future Dash meet-up.

Our 30 kids will be present in their Dash Leopards soccer kit, as well as many parents and supporters who will also be wearing Dash Leopards tee-shirts.

We thank the Dash community for making this possible.

Dash Leopards  ∙  South Africa  ∙  About Digital Cash

Boost for Dash Leopards

By | John Reed, leopards, South Africa | No Comments

Twenty-five young soccer players from Hout Bay have the opportunity of a lifetime to compete in an overseas tournament later this year.

It has been a year to remember for the youngsters from the Dash Leopards soccer school, which was only founded in April last year.

Not only have they received sponsorship from African cryptocurreny concern Dash Africa to become known as the Dash Leopards, making the school the first in the world to be sponsored by a cryptocurrency, but their numbers have swelled to the extent that an under-15 team will be added to the project’s existing under-11 and under-13 squads.

Now Dash Leopards have the chance to play against teams from other countries at the Open Easter Tournament in the Netherlands over this year’s Easter weekend, competing in eight games over the two-day competition.

The soccer school is the brainchild of Hangberg coach and mentor Ricardo Phillips, a man who has dedicated the last decade of his life to upliftment projects using sport as the foundation.

With all the experience he gained from working on projects all over Cape Town, he decided to embark on the Leopards initiative last April.

Coupled with the three-day-a-week soccer component is an aftercare and study programme, which sees coaches assisting the school’s 30 students with homework and the teaching of life skills.

Sentinel Primary School, the Hout Bay International School and Disa Primary are just three schools that have come on board with the programme.

Mr Phillips has been joined in his endeavours by fellow director, John Reed and administrator and life skills co-ordinator, Brenda Davis.

Dash Africa’s commitment to the project came about thanks to Mr Reed’s relationship with one of the company’s founders, Roger Toms, who was looking for leaders in Africa to identify projects that could be included in its corporate social responsibility footprint.

“The aim of Dash Leopards is to motivate the kids and provide them with life insights so that we can send them on their way to successful lives,” Mr Phillips said.

“In Hangberg our kids are faced with a lot of negativity, so our aim is to introduce something positive into their lives. With the addition of the under-15 players in February, our numbers will be up to 45 so we are growing all the time.”

An important part of the programme is emphasising the importance of a healthy diet.

“We’ve been pleased to get the kids’ parents on board in terms of getting them to eat well,” Ms Davis said.

“However, as the programme grows we are looking for sponsorships to feed them all.”

The involvement of Dash Africa has obviously bolstered the club tremendously, but in order for the 25 players and coaches to make the trip overseas, some R300 000 will need to be raised.

The directors will also be hosting a huge fund-raising event at the Hangberg Sports Complex where the children train on Saturday February 24 from 2pm until 9pm.

The event will be headlined by popular actor and singer Emo Adams, The Rockets as well as 2017 Idols SA winner Paxton Fielies, and will also include performances by a number of Hout Bay artists.

“The kids are over the moon about the trip. We believe this experience can give them a taste of what they can become if they work hard,” Mr Phillips said.

Paying tribute to the staff at the Hangberg public library, who have also supported the Dash Leopards project, Mr Reed said it was important the children improved themselves academically.

“Many of these kids’ parents work during the day, so once they finish school for the day there is no one to look after them. Our coaches then play a surrogate role, not only improving their skills on the pitch, but assisting them with their school work,” he said.

“We would also like to appeal to the local Hout Bay business community to sponsor the programme, to supplement the efforts of Dash Africa and what they’ve offered. We believe this is a project they could be proud of.”

To find out more about the soccer project, call Brenda Davis on 061 763 9871.

First published here:  https://www.sentinelnews.co.za/news/boost-for-dash-leopards-12930042

The Big Bang and Other Theories!

By | South Africa, Tom | No Comments

Big Bang – The past year will become known as the year in which cryptocurrencies damn near exploded or, at least, came into the public domain in a big way.  The year-end has seen Wall Street’s approval of the blockchain as an effective and efficient management tool, as well as the arrival of the first crypto futures market: crypto is finally entering mainstream rather than being an instrument of esoteric investment.

Whether 2017 was itself the Big Bang or merely the onset of a super nova event remains to be seen, but the indications are that the financial institutions can no longer ignore the investment potential of cryptocurrencies. While many of the financial pundits continue to talk down crypto, variously as wild speculation, a bubble, or as a Ponzi scheme, a few respected commentators are warning that the world only ignores crypto at its own peril, with total market capitalisation exceeding the GDP of some significant countries. Dawie Roodt, of S. Africa’s Efficiency Group, recently warned that the banks appear to follow the crowd of non-believers and that crypto in general is now too large to ignore while, at least, the leading brands provide examples of solid fiscal management.

This is against the backdrop of the stupendous meltdown of Steinhoff International, a massive retail conglomerate created out of S. Africa: as a result of apparent fraudulent manipulations, the enterprise lost around 90% of its stock market value in a couple of days, taking with it a significant chunk of value from supposedly inviolable national pension funds. At no time has any of the leading cryptocurrencies performed in such a manner as the opportunity for misleading the investor does not exist. What you see is what you get and the value of investment is only governed by supply and demand.

Another backdrop slowly descending onto the stage is that of the Chinese already having a youth culture in which payments are made by cellphones/mobiles, thus bypassing the banking system which is reliant on simple cash flow “over the counter” for profitability. Roodt’s warning on the banks’ ignoring of growth in crypto then becomes all the more significant, with increasing amounts of investment also bypassing the banks to go into crypto. Banks then become increasingly redundant as they provide declining service to fewer customers, thus they will logically fold, collapsing into whence they came not too long ago: bankruptcy will return to its original meaning!

However, the most resounding echoes of the Big Bang concern the inherent privacy of dealings in crypto. No transaction in Dash, for example, is visible to the tax authorities of any country which means that, eventually, as fiat currencies disappear, there will be no tax collection. The logical implication of zero taxes is the inability of any government to govern as it could pay for nothing. It’s all very well not having money to pay for armed forces but public infrastructure becomes unsupportable. Maybe that is another problem for another day: in the meantime, we should sit back, invest in Dash, and watch the universal fireworks display. Are there any seats left at the Restaurant at the End of the Universe?

Tom Rogers

(with apologies to Chuck Lorré and Douglas Adams)

The Xperien Cycling Project

By | Dash Cycling, South Africa | One Comment

Xperien Cycling – Dash Cycling Africa:  Xperien is a Johannesburg enterprise specialised in the disposal and recycling of IT infrastructure, a very critical need of the modern world, particularly in Africa as much of the recycled equipment can be donated to under-privileged communities. A large group of core staff came together in a successful company cycling club which also functions as a mobile billboard for the company.

Being IT savvy some of the Xperien cyclists are enthusiastic about cryptocurrency and, knowing how Dash does business, they formulated a project whereby they transform the club from being an Xperien billboard to Dash-branded, with a commitment to participation in major cycling events on the continent. Of course, the major impact of branded cyclists is when they are on the road on club training runs, rather than being minor elements in the usual kaleidoscope of jersey-branding during a large event.

There can be no denying that cycling is a fast-growing sport in Africa, despite the general lack of suitable roads, and Africa hosts one of the largest participation events in the world, the Cape Town Cycle Tour, with a regular 35 000 cyclists on the road. The Tour might not exactly be a sporting marathon but it is a wildly popular event watched by many thousands on the roads, apart from the TV audience.

Dash Africa can only wish the Xperien club much luck with its Dash proposal and hope that they have not been over-ambitious but, as they say in sport, “no guts, no glory”!

DASH Cycling Africa

By | Dash Cycling, South Africa | No Comments

Who are DASH Cycling Africa?

Xperien Team Cycling started out as a company cycling team at Xperien (PTY) Ltd based in Johannesburg, South Africa. Xperien is a secure IT asset disposal company established in 1999.  In the high pressure IT environment where everyone is always busy, cycling was a way for colleagues to release stress and bond. Since 2014 the community has grown to consist of 30 riders and a few cheerleaders which include family, clients, customers and friends.

What We Do

We participate in major race marathons all around South Africa. This keeps us physically fit and mentally agile, essential tools for an uncertain and volatile times, it also promotes a better work life balance.

Most of our community are successful professionals with great careers, and love the community spirit of cycling and giving back through corporate social responsibility.  See our Facebook site for the many events we have held for orphanages and schools.

Our Vision

To make “sending money home” easy and cost effective.  Sending money home or cash remittances is native to Africans as it underpins rural development where governments cannot reach, there is a huge migrant workforce that sends money back to these  their families and loved ones in the villages and remote communities. The remittances can sometime mean basic survival also promotes self-help and entrepreneurship.

The problem

However sending money can be very costly, time consuming or near impossible as it is often thwart with regulatory restriction for cross boarder remittance, to the scourge of high fees and greedy institutions that swallow significant percentages of these hard earned wages.  There is also hand to hand transfers where you may need to trust that bus driver at the station to complete your funds transfer and hope he doesn’t get robbed along the journey. We have shoppers hiding bundles of US Dollars in their underpants to avoid being ripped off at the border.

The Solution

Promoting DASH as a preferred means of cash remittances and build an exchange network that will service the rural villages.

African Potential  

We aim to make DASH the preferred currency for Africa’s Mobile Money from where it is currently at 3rd most popular cryptocurrency.

Most Africans are unbanked but there are over 277.4 million Mobile Money accounts (GMSA 2016).

These accounts are widely used for Migrant cash remittances a $34 billion USD market in 2017 according to the World Bank (see infographic below).

The fragment mobile money market consists of over 210 Fintech companies and represents phenomenal potential for market penetration and a wider adoption of DASH.

Africa has long adopted digital payments systems due to lack of infrastructure. A handful of mobile money payment operates currently enjoy a lucrative market i.e. MPesa mobile money send / receive or exchange cash via small local shop have 19 million active user per day, FNB has 5 million ewallet , Zimbabwe has no official fiat currency and bitcoin is trading at double the market rate ($17,875  – November 2017 ) and there is also a bank vs telco war for over 60 million potential mobile money users mobile, this myriad of systems shows the potential for the adopt of a crypto currency.

These systems are cumbersome when used for cross board remittances, most African states have exchange controls that slow transaction times if at all possible.

DASH CYCLING AFRICA

Being users of DASH as a company and falling in love with all things DASH, we wanted to combine it with our love for cycling. We want to be the DASH Cycling Africa TEAM. Our goal is to take Dash from being the third most popular crypto currency in South Africa to number 1 and then go on to promote it to other African countries. We already have a permanent team of 30 cyclists that compete in cycling events all over South Africa. We propose not only to brand them Team DASH Cycling Africa but to hold activations in South Africa with every event. We want to use these opportunities to START the conversation about Dash with QUALIFIED prospects. We have events planned from February 2018 to November 2018.

We strongly believe that DASH has a market here in Africa and all that is missing is awareness (awareness of product and use), education (most people are clueless in terms of crypto-currencies), branding (people need to see the brand in Africa, seeing in most cases is believing) and activation (people want someone present and in front of them to help them navigate this new world)

WE PROPOSE

To rebrand our cycling team DASH CYCLING AFRICA TEAM and promote adoption to 5 million people.  Feel free to have a look at our pre-proposal on the Dash forum. Let us know what you think, comments and suggestions are welcome.

https://www.dash.org/forum/threads/dash-cycling-africa.20142/#post-153491

Your support is greatly appreciated ☺

The Governance Issue – Bitcoin in Zimbabwe

By | South Africa, Tom, Zimbabwe | No Comments

Zimbabwe

Governance is the hot topic in Africa, the continent of never-ending coups and presidents for life, that is until life comes to a sticky end as the victim of the next coup. The long-suffering Zimbabweans have had enough of a nightmarish future featuring a Mugabe dynasty and effectively deposed the dictator before his wife could grab the reins of power. At least, so far, the military coup has been without any loss of life and a semblance of civility continues, to what eventual end no one can guess.

In observing the Zimbabwean shenanigans it could not escape notice that some of our wealthier cousins north of the Limpopo (Kipling’sgreat grey-green greasy”) river immediately ran for financial cover when the army appeared on the streets of Harare. This meant going online to their cryptocurrency exchange and buying Bitcoin in large amounts, to the extent that the local value of Bitcoin increased to more than double its global value in USD.

Value

It’s a reasonable question as to why the local “value” of an internationally traded commodity should exceed the going price by such a margin. One can only assume that the exchange found itself short of supply of Bitcoin while demand continued to rise, and the basic law or markets governed while the exchange couldn’t complain about massive profit margins. If nothing else, it’s a salutary lesson in the outcomes of panic as, once the dust settles, the purchasers of high-priced Bitcoin would find themselves holding an asset valued at the much lower global price, that is unless they have the patience to let the general value trend catch up.

Governance

All that brings us to the matter of Bitcoin’s own governance, in which a major difference of opinion caused the “fork” of the currency into the parent and Bitcoin Cash, with the original Bitcoin presently trading at over $7000 and Bitcoin Cash at around $1200, Since then another “fork” has occurred and Bitcoin Gold has appeared. All this revolved around Bitcoin’s speed of transaction, relatively slow and throttled by the capacity of the block in Bitcoin’s block chain. The latest instability in Bitcoin’s governance caused a major loss in value, which translated into a healthy rise in the value of Dash.

Meanwhile, from the safety of the sidelines, the Dash community observed Bitcoin’s internal struggles and was determined that the same would not happen to Dash. Using its consensual governance, a major project was launched to upgrade the Dash block chain’s software to prevent the Bitcoin phenomenon affecting Dash. This was promptly implemented and the stability of Dash was ensured for the foreseeable future.

Our point is that healthy governance is the core to any successful undertaking, irrespective of whether a country or a cryptocurrency. Since its outset Dash has had democracy as the foundation of its community and is governed by consensus as far as that is practicable; so far, the “fork” remains in the domain of those who cannot achieve communal agreement. Maybe, the next time a coup threatens, the Zimbabweans will buy Dash instead, better still, be invested in it as a way of life.

Tom’s Blog  ∙  Zimbabwe  ∙  Dash South Africa  ∙  About

Dash Sponsor Kit + Swag for Leopards Soccer

By | John Reed, leopards, soccer, South Africa | No Comments

Dash Sponsor Soccer Teams:  The new Dash-sponsored Leopards Kit arrived on Friday!!  The recent increase in Dash price enabled us to spend more than our initial budget for:

Kit for 30 players

Dash-branded league-soccer kit for 30x soccer-kids:

  • Numbered Soccer shirts, shorts, socks
  • Goalie uniforms
  • Team-captain armbands

Kit for 5 coaches

The 5 coaches received:

  • 5 Coach jerseys in unique colours
  • Matching soccer-shirts, identical to the teams
  • Kit-bags and soccer balls

Dash Tracksuits

Dash Leopards tracksuits for the teams and coaches.

Dash Swag!

No web URL is needed on shirts and stickers – simply google “Dash Leopards”, and you’ll find us immediately!!  We also got:

  • 3x Camera-men.  We’ll release the videos once they are edited.
  • Big Dash-love.  I am a shy guy, but now I keep getting accosted by guys saying “Hey, I’m a Dash Leopards supporter too!”.

Dash is the new Hot Topic in our community.  Ask any of the kids what Dash is, and they’ll tell you that it is Digital Cash.  Ask them what Digital Cash is, and they won’t really know yet.  But they will, very soon…. I promise!

I am not doing this project alone.  I have the support of an unexpected large team who also want this project to succeed.  And it is succeeding!  We thank the people in the Dash community who enabled this to happen.