Blue Horizon Advisory
In partnership with www.cryptalnews.com
BitGo Blockchain Software, We vote YES!
- Owner: BitGo
- Sector: Blockchain Software
- Proposal: BitGo Dash Implementation
2.1 Owner presentation
|Key figures:||Total Funding : $54.5 m|
2.2 Owner history and track record
Mike Belshe CEO & Co-founder
- He started his career at Hewlett Packard, followed by Silicon Valley startup Netscape Communications Corp., where he worked on the Netscape Enterprise Server
- He joined Good Technology, before co-founding Lookout Software in 2004
- In 2006, he joined Google and was one of the first engineers on the Google Chrome team
- Later co-founded the SPDY protocol. He submitted SPDY to the IETF in 2011 and was an author of HTTP/2.
- Belshe currently serves as CEO of BitGo, and he also currently serves on the steering committee for CCSS, the Cryptocurrency Security Standard.
Investment opportunity summary
- Integration of Dash to the set of cryptocurrencies already supported by BitGo
- Buildup and extend all BitGo features and product offering to Dash
- Allow businesses that already use Bitgo suite of tools to add Dash to their platforms
- Allow individual Dash community to use BitGo wallet and benefit from its multiple services (instant transactions, security…)
The funding request aims to:
- Pay required salaries of the engineers for full-featured wallet integration of Dash
- Fully integrate and deploy Dash into Bitgo: Full implementation into Bitgo’s API and web application and full support for Dash instant send transactions.
4. Funding scheme
4.1 Requested funds
Total: 516 Dash
4.2 Funding schedule
|Payment type:||One-time payment|
|Start date:||19th May 2018|
|End date:||16th August 2018|
|Final voting:||30th 2018|
As of June 29th, 2018
Benchmark and direct competitors
|TECHNOLOGY||CURRENT WEBSITES||CATEGORY POSITION||MARKET SHARE|
Based on the performances of Bitgo since it has been launched and the track record of its owners, there’s a great opportunity for the Dash community to promote Dash to new users and enlarge its integration to Bitgo clients list. Besides all the upsides mentioned above, the plan of Dash integration is clear and the milestones are well detailed which lowers any risk of non-completion.
We conclude then that there’s a great potential for Dash integration in Bitgo platform on many levels: Bring Bitgo users to Dash community, Make Dash benefit from all Bitgo features especially regarding instant payment and security, give a great push the Dash presence in such Platforms mainly oriented to Businesses and corporations.
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