“Our partnership with Kripto will put all the components needed to use Dash preloaded into the phones of 10,000 new Venezuelan consumers every month,” Taylor said.

The KRIP phones will have “a Dash wallet to store Dash, services to obtain Dash, and the Bitrefill app to enable spending on various services”.

“This complements the over 1,000 merchants already accepting Dash in Venezuela, and really addresses the chicken and egg problem of attracting both consumers and merchants to our growing ecosystem,” he said.