This Week at the DIF

Photo by Interactive Sports on Unsplash

• In an effort to begin executing the DIF’s re-balancing strategy designed by Demelza Hays as soon as possible, we’ve doubled down on our efforts to open the necessary trading accounts.
  Why is the opening of trading accounts requiring so much effort in the first place, you ask? Great question.
  The primary challenge thus far has been that none of the world’s trading platforms has ever received an application from a fund without owners or members before. This means that the DIF’s uniqueness, while it works perfectly for the Dash network’s needs, also makes filling out paperwork more difficult.
  Rest assured, we’re reaching out to contacts, requesting personal calls, exploring the creation of additional DIF legal opinions, and more to ensure that we get the accounts we require as soon as possible.
• We’re in the early stages of looking for a crypto-knowledgeable accounting firm. Any recommendations are appreciated and can be sent to hello@dashinvests.org.
• Ms. Hays has submitted to the supervisors full analyses of Companies C and F. Given the content of these analyses, the DIF is now asking Company C for a substantially lower price-per-share, and Company F for additional financial documentation.
• Ms. Hays is looking at Company D, whom the DIF declined before she was hired, to ensure that she agrees with their prior judgment. She is also evaluating Company B, with whom the DIF is still in open communication.
• If you haven’t already, we invite you to view our most recently quarterly report call (below), and to view and vote on our most recent funding request from the treasury.

Thank you.