July 2017 Dash Budget Report

As of today, all Dash Core Team proposals have been submitted to the network. Once again, due to the continued price increase compared with last month, we do not require additional funding for office space, marketing, infrastructure, applications, business development, public relations, HR, or legal. For the first time, we will also not be requesting funding for compensation of the team. For all of these areas / functions, we have sufficient funding to operate from existing balances and price appreciation.

As with last month, the absence of these budgets is not a sign that the core team intends to discontinue any of these expenses. It is simply that the balances we normally keep in these categories to protect against currency fluctuations has risen in value dramatically and we can rely on savings to fulfill our obligations, even after taking currency fluctuation risks into account.

We are requesting funding for several one-time items, including packages at two conferences scheduled for October, and a research grant to fund Dash-specific research through Arizona State University’s new Blockchain Research Laboratory.

There are some forthcoming plans and communications concerning an expanded marketing effort. Look for that communication within the next couple of days.

July Budget:

The July budget cycle is slated to pay out in the next superblock (697872) which will occur at approximately 1am UTC on Wednesday, July 5th. That means the voting deadline is scheduled for about 1am UTC on Sunday, July 2nd. Make sure to cast your votes by Saturday at the latest to ensure your vote is counted.

July Core Team Budget Requests:

Blockchain Labs Sponsorship
https://www.dash.org/forum/threads/proposal-blockchain-labs-sponsorship.15490/
This proposal seeks funding to sponsor Arizona State University’s newly formed Blockchain Research Lab for research into blockchain throughput capacity and latency performance – 279.06 Dash

Money20/20 Conference
https://www.dash.org/forum/threads/proposal-money20-20.15513/
This proposal funds Dash’s participation at Money20/20, the world’s largest conference focused on payments and financial innovation – 571.71 Dash

The Trading Show 2017
https://www.dash.org/forum/threads/proposal-conferences-the-trading-show.15520/
This proposal funds Dash’s sponsorship of The Trading Show New York 2017 at the Gold Sponsor level – 300.63 Dash

Author: Robert Wiecko
Original link: https://www.dash.org/forum/threads/july-2017-budget-report.15524/#post-131163