Dash has announced an increase in interest and growth in Venezuela. On 6th February, the company revealed thousands of people had attended a conference and many investors had bought in.

The Dash Caracas group explained back in September 2017 that they would be launching a series of meetings in Venezuela to market and advertise Dash. Interest was higher than expected, and the first discussion had over double the estimated visitors. A relaunch of the first conference saw over 350 attendees. Five talks have already taken place and now a new session has been confirmed. Eugenia Alcalá Sucre, founder of Dash Caracas, said that the public are very keen to learn about Dash and other cryptocurrencies.

This latest news comes as Dash is making advancements as a payment system in Venezuela, with over 80 vendors now processing Dash payments. Alcalá believes that this success is because of Dash\'s instant transactions and low fees. Businesses in Venezuela have struggled recently due to a depreciation in currency, but Dash offers these businesses a method to control and maintain value. Alcalá explained that Dash will protect businesses from hyperinflation.

It also has been revealed that Venezuela will launch two exchanges, Colibit and Cryptolifex, after the Dash community in Venezuela continued to grow. Both exchanges have also created Dash promotions.