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September 23, 2020
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Altcoin

Understand how Dash is dominating Nigeria

Dash Nigeria is a non-profit educational and promotional organization that encourages the adoption of Dash, but not just in Nigeria.

The dominance that Bitcoin has on exchanges is just over 50% and is the standard by which all other cryptocurrencies are measured.

In Nigeria, there is a dedicated group that is slowly but surely going in a different direction.

Dash Nigeria is a non-profit educational and promotional organization that encourages the adoption of Dash, but not just in Nigeria. Its vision is to improve the economic growth of nations through the use of Dash. The organization engages with rural communities, youth, women, the media and other stakeholders to help explore the opportunities that digital currencies present.

Dash Nigeria did not worry that cryptocurrencies would reach the highest level ever again and it is not about keeping as many cryptocurrencies as possible and just waiting for the next bull run.

Instead, their project is to solve the challenges that the continent faces.

Why not Bitcoin?

Technically, Bitcoin is the most logical cryptocurrency to be used in Nigeria, considering that it is the most popular of all digital assets. According to Nathaniel Luz, of the Dash project, the exhaustive list of advantages that Dash has over Bitcoin made the choice even more logical.

To start, Dash Transactions take just a few seconds compared to Bitcoin, which averages ten minutes. Therefore, it makes more sense to push for the adoption of Dash in retail, especially in daily transactions.

In addition, they only cost a few cents. Kaaru said:

“The organization’s efforts have been very fruitful, said Luz. The number of companies accepting Dash in Nigeria has been steadily increasing, even during the bear market. You can enjoy a delicious portion of jollof rice at Tarzan Delicacies; buy the latest fashion at Dorlees Fashion Empire; or pick up electronic accessories at Ritech Digital “.

To date, Nigeria currently has more than 100 stores that accept Dash. Most of these stores are located in the city of Lagos, but other cities are also getting involved.

Source: cryptodaily

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