Edge accelerates its mission to bring DeFi and Web3 connectivity to the masses with the Dash Investment Foundation backing for the company’s current Series A.
Dash Investment Foundation, an ownerless, memberless investment fund supporting projects that create a deeper integration of the Dash network with the cryptocurrency ecosystem, participated in an investment round into Airbitz Inc., DBA Edge during Q4 2021.
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The undisclosed investment is a part of Edge’s ongoing Series A funding round and will help accelerate our mission to bring Defi and Web3 connectivity to the masses.
Dash Investment Foundation’s participation in Edge’s Series A also means that the fund will now promote Edge to the Dash community as a preferred wallet.
Edge, in turn, is adding support for Dash InstantSend and DashDirect. DashDirect is a crypto payment and instant savings app powered by Dash, while Dash InstantSend is a Dash specific innovation allowing Dash payments to be accepted instantly with no confirmations by utilizing the network of Dash masternodes to pre-confirm a transaction within seconds.
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DashDirect offers users the ability to spend Dash at more than 155,000 retail locations, service providers and online stores across the U.S., including eBay, Best Buy, DoorDash, GameStop, The Home Depot, Subway, Uber, the NBA Store, and Domino’s Pizza.
Additionally, DashDirect users are provided with strong financial incentive to switch to crypto purchases thanks to instant savings averaging 5% on their purchases.
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