DEMOincubator_Escrow
Member
DASH Escrow Managed Operations: DEMO
DEMO Incubator Inc.
Founder: Scott Farnsworth / @DashRacer of Dash AeroSports
Mission:
Overview:
This is an announcement of Dash Escrow Managed Operations - DEMO Incubator Inc. now providing services to the Dash network.
DEMO also provides unknown proposal owners the opportunity to “demonstrate” their ability and trustworthiness to the MN’s
Hello,
Most of you know me by now. For those that do not, my name is Scott Farnsworth or DashRacer. I have been approached by Greencandle to establish and operate an escrow service. Greencandle and Dash AeroSports have worked on several projects together now. Jeff Smith’s (@coingun) management of our own escrowed proposal has given him a very detailed look at how we operate our team and conduct business. Needless to say, we like details, execution and operating above expectations. We also follow a very detailed and methodical approach to identifying, engaging and developing relationships within the structured business world. Greencandle and my team have a very open communication loop. Following many discussions about our efforts and structure, Jeff made the suggestion for Dash AeroSports to form an escrow in which we can provide guidance, expectations, and accountability to new proposal owners.
I was reluctant to the idea at first. For one, I have great respect for Greencandle and the service they are providing the network. I didn’t want to interfere or detract from Greencandle’s positive efforts for Dash.
Following several discussions with Greencandle, we have established a common vision of further decentralization with multiple trusted escrow options. DEMO and Greencandle have agreed to operate separately, however working together for the benefit of the Dash network. We have already begun a beneficial financial structuring “best-practices” exchange of information. We are engaged in a “pathfinder” environment of operations, Greencandle and DEMO will continue to establish a “best-practices” structure regarding contracts, legal, etc. Retaining separate Escrow services within different and separate borders (USA and Canada) has additional beneficial synergies for the Dash network.
We are thankful for Greencandle’s invite into the escrow space and understand that this role entails a responsibility to the network and expectations from our MNs.
Most know how we operate. We do not “talk” about what we are going to do… we show what we have done. Keeping with that tradition, DEMO has already formed a US corporation, consulted and retained Yale grad, 23 year financial structures adviser, retained 4 project managers, Legal, etc.
DEMO Incubator Inc. structure is outside of Dash AeroSports. My primary attention will remain on Dash AeroSports, however, I will be providing management, guidance and final approval for all aspects within DEMO.
We are ready to begin operations today.
In conclusion; it has become clear that Dash AeroSports required a separate team and legal structure to engage and develop our business contacts from a legal structure focused on a business incubator profile. With the Dash Escrow Managed Operations - DEMO we will be able to provide flow-through for both our projects as well as new proposals approaching Dash.
Best Regards,
Scott @DashRacer
DEMO Incubator Inc.
Founder: Scott Farnsworth / @DashRacer of Dash AeroSports
Mission:
- To provide structure and protection within the Dash Treasury system. Unknown and known contractors held to deliverables and legal payment structures. Through Dash Escrow Managed Operations, or DEMO, failure to complete or obtain objectives, milestones, deliverables, etc. will ensure Dash treasury funds remain within the Dash treasury system.
- Provide further decentralized funding options working with Dash Core and Greencandle escrow options.
- Provide legal structure pertaining to business development sourced from Dash AeroSports events.
- Provide legal structure through DEMO to identify, engage, develop and maintain relationships with organizations which have demonstrated to be of benefit to the Dash ecosystem.
- Provide value to the Dash network.
Overview:
This is an announcement of Dash Escrow Managed Operations - DEMO Incubator Inc. now providing services to the Dash network.
DEMO also provides unknown proposal owners the opportunity to “demonstrate” their ability and trustworthiness to the MN’s
Hello,
Most of you know me by now. For those that do not, my name is Scott Farnsworth or DashRacer. I have been approached by Greencandle to establish and operate an escrow service. Greencandle and Dash AeroSports have worked on several projects together now. Jeff Smith’s (@coingun) management of our own escrowed proposal has given him a very detailed look at how we operate our team and conduct business. Needless to say, we like details, execution and operating above expectations. We also follow a very detailed and methodical approach to identifying, engaging and developing relationships within the structured business world. Greencandle and my team have a very open communication loop. Following many discussions about our efforts and structure, Jeff made the suggestion for Dash AeroSports to form an escrow in which we can provide guidance, expectations, and accountability to new proposal owners.
I was reluctant to the idea at first. For one, I have great respect for Greencandle and the service they are providing the network. I didn’t want to interfere or detract from Greencandle’s positive efforts for Dash.
Following several discussions with Greencandle, we have established a common vision of further decentralization with multiple trusted escrow options. DEMO and Greencandle have agreed to operate separately, however working together for the benefit of the Dash network. We have already begun a beneficial financial structuring “best-practices” exchange of information. We are engaged in a “pathfinder” environment of operations, Greencandle and DEMO will continue to establish a “best-practices” structure regarding contracts, legal, etc. Retaining separate Escrow services within different and separate borders (USA and Canada) has additional beneficial synergies for the Dash network.
We are thankful for Greencandle’s invite into the escrow space and understand that this role entails a responsibility to the network and expectations from our MNs.
Most know how we operate. We do not “talk” about what we are going to do… we show what we have done. Keeping with that tradition, DEMO has already formed a US corporation, consulted and retained Yale grad, 23 year financial structures adviser, retained 4 project managers, Legal, etc.
DEMO Incubator Inc. structure is outside of Dash AeroSports. My primary attention will remain on Dash AeroSports, however, I will be providing management, guidance and final approval for all aspects within DEMO.
We are ready to begin operations today.
In conclusion; it has become clear that Dash AeroSports required a separate team and legal structure to engage and develop our business contacts from a legal structure focused on a business incubator profile. With the Dash Escrow Managed Operations - DEMO we will be able to provide flow-through for both our projects as well as new proposals approaching Dash.
Best Regards,
Scott @DashRacer
