Despite CEO Claims, Dash Isn't Really the 'Most Used' Crypto in Venezuela

"Dash. is the most used cryptocurrency in Venezuela," said Ryan Taylor, CEO of.

Nowadays, the statistic is getting significantly lower following its first audit by Discover Dash, according to Ernesto Contreras, Business Development Manager for Dash Latin America.

"We've been accepting dash for two years. We currently haven't received any clients using dash to pay for their events. They'd rather use bolivares or dollars," she said.

Huge Dash billboards can be seen in the main streets of Caracas, and Dash has even given out.

In one marketing push, the Dash Merchant project collaborated with Dash Venezuela's "Ciudad Dash" event to recruit affiliated merchants and give $10 worth of dash to attendees.

According to Contreras, only 4 out of 27 Dash related projects in Venezuela are financed by the.

CoinDesk have found scant evidence to support claims that dash is the most widely used cryptocurrency in Venezuela.

Dash wallets in Venezuela but local experts say this may be incorrect.

The actual number of downloads on Android is managed by Dash Engineering Solutions and it doesn't offer a complete picture of the platform, according to Giorgio Marinetti, CEO of.

The real growth statistics for the dash market in Venezuela remains an enigma for the Dash team on the ground, making it impossible to compare with other cryptocurrencies such as bitcoin.