(https://cdn-images-1.medium.com/max/800/1*pkF2ijxz0Xo6ftf5tOeTvQ.jpeg)
Dash is a decentralized & autonomous organization that acts as a “treasury system” to fund developments. 10% of the block rewards go to the “treasury”, in order to pay for development projects submitted from the community, where Master-Nodes have voted to decide which projects get approved.
Dash or Digital Cash was originally released as XCoin (XCO) on the 18th of January 2014. Later, on February 28, the name was changed to Darkcoin, which further went on to get rebranded into Dash (DASH), on the 25th of March 2015.