Proposal “Buy-Sell-Dash-directly-within-the-WALLET“ (Completed)Back

Title:Buy-Sell Dash Directly within the WALLET
Owner:rgenito
One-time payment: 283 DASH (76644 USD)
Completed payments: 1 totaling in 283 DASH (0 month remaining)
Payment start/end: 2017-03-27 / 2017-04-26 (added on 2017-03-28)
Votes: 851 Yes / 390 No / 50 Abstain

Proposal description

Buy-Sell Dash directly within the WALLET
After speaking with many Dash community members on the importance of this ecosystem development, I am excited to announce this pre-proposal. I’m excited to announce that in the near future, everyone who downloads a Dash wallet for the first time will also be able to buy their very first Dash!

Update: Paragon from Slack and I talked together to discuss the biggest concerns. The recordings are in 2 parts...
Part 1: https://soundcloud.com/robert-genito/harrison-on-2017-03-29-at-1411
Part 2: https://soundcloud.com/robert-genito/rgenitocall-part-2

https://i.imgur.com/a9ZGjhm.pnghttps://i.imgur.com/BFTHNey.pnghttps://i.imgur.com/miKfVYs.png

Purpose:
We will help DASH OVERCOME Bitcoin's Market Cap, and we will do this by solving one of the biggest problems with wallets. No matter who you are, the easiest way for you, your friends, or your family members to get into Dash is to simply download a wallet. After that wonderful moment is where the newbie realizes, “...how do I get Dash?” Believe it or not, this is the biggest encumbrance to mass adoption. The excitement ends and things go downhill from there. That will be history.

We want to bring the Wall of Coins buying and selling experience directly into Dash wallets, while also providing these Dash wallets a revenue opportunity and incentive to make their Dash wallets better. Currently, wallet developers can only rely on donations to support their work.

What:
We will develop a DASH buy/sell wizard for 4 Dash wallet apps. You choose the wallets that you want us to pursue! We will work closely with the wallet developers and take their direction on the user interface, branding, and feel. We all understand the main concerns of integration, and I’d like to address a few of the most common concerns wallet developers have here:

  1. “We do not have enough time to develop this!” Our developers will do it for the wallets, do it at their direction, and conduct all necessary testing for a successful launch.

  2. “We have a reputation to match for good design, and we do not want to clutter up our UI.” We will work together to come up with a flow that matches the experience you envision for wallet users!

  3. “But then our users have to create yet another service account. This is annoying!” ...not with Wall of Coins! https://www.dash.org/forum/styles/default/xenforo/clear.png Our API solves this issue, allowing the wallet to host “user-less” accounts.

  4. “What about legal? What about customer support?” You remain a non-custodial wallet, allowing you to stick to just the wallet business. Furthermore, we cover customer support entirely, and are constantly growing our support team. In the last 2 months, the size of our support team has doubled.
What's in it for Wallets?
  • Wallets can give their users access to Dash within 15 minutes from purchase.
  • Acquiring Dash is simplified. Users do not have to copy/paste Dash wallet addresses.
  • Wallets are paid 20-40% of any fees collected, thus empowering wallets to develop and further improve their wallet.
  • Users can buy and sell Dash within 21 countries now and more countries added every week: United States, United Kingdom, Argentina, Australia, Brazil, Canada, China, Germany, Ghana, Hong Kong, Latvia, Malaysia, Mexico, Nigeria, Philippines, Poland, Portugal, Romania, Russia, Singapore, and Spain.
  • Wallet moderators will finally have useful data for research purposes on wallet usage. Without jeopardizing user privacy, wallet providers can see information pertaining to Dash demand needs by region, how much Dash is purchased and sold, how often, etc. This data is highly useful for understanding user behavior regarding signup and first use.
When:
We will limit the development time for each wallet to be 200 man hours. From experience, we know that this gives us ample time to also coordinate with the wallet app developers on an integration experience that they see fit for their users, as well as abiding by their desired UI/UX flow.

Which Wallets:
The wallets will be decided in a public forum poll posted at Dash.org’s forums, authored by this post’s author. The post will cite this post and vice versa. Here's where you can vote: https://www.dash.org/forum/threads/pre-proposal-buy-sell-from-within-all-dash-wallets.13959/

We will release, maintain, and publish an open-source version of this wallet that allows everyone to "participate together".

This way, everyone with a Dash wallet can find better utility: find a place nearby to acquire more DASH or liquidate the DASH as necessary. Easy, direct access to DASH is in the palm of your hand, and just a short walk nearby!

Open-Source Opportunity:
Due to the open-source nature of all wallets, the wallets will also serve as an example to each other and other upcoming wallets. I believe this will stimulate more co-operation and allow other developers to dream up creative use cases to further serve the Dash community. All wallets are incentivized to provide their users with a fiat gateway!

Creating an open source app for people in the future to easily supply their end users with coins and we will "systematize this on-board process".  This open-source opportunity will help users of DASH Evolution in the future. Let’s think ahead for DASH’s future growth!

Terms:
  • ~282.68 DASH: Budget $5,800 per wallet on 4 wallets ($82 per DASH).
  • Max 200 man hours per wallet. This includes mock-ups, business development, implementation, quality assurance testing, and deployment.
  • Weekly status updates: Albert Arellanes or myself (Robert Genito) will provide these updates to the community forum. These will be every Thursday.
Community members, masternode owners, miners, wallet developers...I welcome all of your questions, suggestions, and input!

How would this work?
Visit https://wallofcoins.com to see a live demonstration of how you can Buy Dash or Sell Dash directly from a wallet. Of course, you will see what it is like from the website; however, the features will be very similar for the wallet app!

Here's our prior video before Wall of Coins supported Dash on the site:

Show full description ...

Discussion: Should we fund this proposal?

Submit comment
 
0 points,3 months ago
If you have missed a past update they have been on the DASH.org form. Thanks to a community member suggestion, all future updates will be posted here with a link to the post.

https://www.dash.org/forum/threads/pre-proposal-buy-sell-from-within-all-dash-wallets.13959/page-2
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0 points,4 months ago
Since it has been mentioned that this will be integrated as a part of Evolution, it seems redundant. a No from me.
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-1 point,4 months ago
I appreciate this suggestion contact me via facebook:
facebook.com/dashbabyfull
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1 point,4 months ago
Will you be paying back the funds if you fail to convince 4 wallets to integrate your service within some set time period ?
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1 point,4 months ago
We won't fail :) the people who interface with wallet customers every day know that this diversity and ability is too important for the ecosystem.
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1 point,4 months ago
"We won't fail" is a dodge, not an answer. If you didn't already have the benefit of having delivered on a significant previous proposal, and demonstrated a solid enthusiasm for Dash, failure to go officially on record to specify what will be done with the funds if you do not convince all 4 wallets to integrate your service would be an automatic-NO vote for me. Although it may or may not affect my vote in this instance, I would still appreciate if you were to answer this question and be specific.
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1 point,4 months ago
I'll let the community figure out what is acceptable: fork a wallet and promote it to the masses? or return the funds, and where to return them? I'm not going to pretend to have all of the answers, but has any proposal said what they would do if they failed? I believe the right thing at that point would be to do the right thing: let the community decide. For now, there is no plan for failure; there's a plan on how to get this done.
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0 points,4 months ago
The reason yours is different from the other proposals is that yours is dependent on a third party cooperation. If someone makes a proposal that says "I'm going to make 2 youtube videos a week about Dash", that is entirely within their control. This one it is possible you could have every intention to deliver but run into roadblocks from the external entities, which is why I think it is prudent to talk about it. Good to hear you're open to having the community weigh in on what to do if the effort is not successful, hopefully it won't need to come to that :)
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0 points,4 months ago
Good job everyone, spend the budget on something that will be obsolete in a few months with the evolution update.
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1 point,4 months ago
Evolution is much further than a few months away for your average person. Possibly 2 years. Also, our actions on this will help and serve soooo many people and organizations. Furthermore, we will learn many valuable lessons that evolution can learn from. This will be invaluable. It indeed helps everyone, as we are all working together to bring Dash to as much of the masses as possible--as quickly as possible! Right?
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0 points,4 months ago
That's my concern. I think I read that from Minotaur's post below too. We might be leaning out in front of our skis here.
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-1 point,4 months ago
Dont think that it has been explained thoroughly enough what evolution really entails. thats one problem, the thing that bugs me is that this is a blatant cash grab. He was told about the obsolescence in advance before making his proposal by core. Made his pre-proposal the same day that he posted his proposal (this one really gets me) And is going to wing it with some 4 wallets he has no consent of doing this (willing to bet 400$ that they will be interested ..he said here below for a previous question) .. Im at awe that there are so many gullible people that have master-nodes right now. We used to be able to spot bullshit from a mile away
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-1 point,4 months ago
There does seem to be a cash grab mindset around
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2 points,4 months ago
Rgenito (Robert Genito) was nice enough to engage and answer some of my questions via voice call and he recorded our conversation here https://soundcloud.com/robert-genito/rgenitocall-part-2 He wanted to make this public for any masternodes with doubts like me. Robert got disconnected from 19min11sec to 21min27sec so be sure to fast forward through that silence
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0 points,4 months ago
Thank you for posting Paragon :)
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0 points,4 months ago
contact on facebook.com/babydashfull
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0 points,4 months ago
heya! do you have a facebook? go ahead and add me... facebook.com/robertgenito .. i am unable to add you, and perhaps this is due to the privacy settings!
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0 points,4 months ago
The poster above is an imposter (notice the additional L in his username)
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3 points,4 months ago
Hi just a couple of thoughts, the proposal says you will develop Dash wallet wizards for 4 wallet apps. Wouldn't it makes sense to have commitments from those wallets you plan to integrate ahead of making the proposal. Because if there are third parties involved is harder to make predictions on the reception of the idea on behalf of those 3rd party wallets.

Is also important to notice that it may not be appropriate to integrate specific broker APIs into the reference core wallets, the reference clients should remain neutral and allow for different brokers to compete for volume. I think this will be great for Evolution where all brokers will have the same opportunity to integrate into the DAPI and be part of the Apps marketplace.

Just clarifying and making sure the reference clients were not counted on the 4 wallet apps you were considering. You can definitely create and maintain your own WoC forks of the reference client but you should consider the technical debt of creating your own forks as you would need to maintain them going forward. Plus I think for the most part people would just continue to download the reference clients from dash.org. Having said this, if you are aware and willing to maintain your own version of the wallets going forward then I can understand the project better.

My recommendation would be to wait and do this as part of Evolution where the marketplace will be available, but totally understand if you will create and maintain your own WoC wallets going forward or if this will be to work with 3rd party wallets like Exodus and Jaxx. Would be good to have those commitments from 3rd parties ahead of making the proposal though.

Just my 2 duffs. Cheers.
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0 points,4 months ago
Thank you for asking, Minotaur! These are good points that should be answered. A few points in response:

1. Not all wallets want to make a commitment without a commitment. It's a chicken and egg problem. This is simply because everyone is too busy with their current work. The Dash funding will shift everyone's attention because that gives resources for that extra attention.

2. Neutrality: this does not harm a wallet's neutrality. Wall of Coins is the *only* service that offers this. Does Jaxx or Ethereum's wallet appear not neutral because they integrated Shape Shift? Of course not: shape shift was the only service that offers what they offer. What is better: the image of supreme neutrality by now allowing the ONLY API buy/sell Dash service for wallet users that want to buy/sell Dash, or to get Dash into the hands of the masses as quickly as possible while also being an example for other individuals to make a better API service? I say it's more important to get Dash into the hands of as many people as possible and to inspire other companies to create alternative solutions for the wallets. There's much more for everyone to gain.

3. This is for new work, not old work. The reference clients are not counted, as the proposal explicitly states that people will choose the 4 wallets to focus on.

4. Waiting: this proposal will not hinder future releases of projects such as Evolution. There are no negative drawbacks by starting today, especially when the Dash treasury has an available budget.

Will you invite and urge the wallets to comment? I understand you believe it would be good to have those commitments comments already, but the community must realize that these wallet leaders are *MUCH* too busy for this to get their attention. I know how to make this happen, and when MNOs vote yes on this and trust in me once again, they will see the developments happen :) Thank you again for asking!

I am here to serve Dash, my friend.
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1 point,4 months ago
This is a very interesting budget proposal, one many of us were hoping to see the daylight someday, not realising how close we got to that someday already. Minotaur does raise some interesting points, so i will await making a decision untill after you reply on his post.
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0 points,4 months ago
Thank you qwizzie. I look forward to your thoughts on my responses to Minotaur. Appreciate your time!
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1 point,4 months ago
Lets just say i ended up voting yes.
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0 points,4 months ago
Thank you for the support! We cannot wait to get started on this!
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0 points,4 months ago
I will vote 'NO'.

1. It must be free market. Meaning favoring your payment provider over anyone else is wrong.
2. Having a separate wallet is 'OKAY'
3. -or- modify Dash wallets to support plug-ins, so that other Dash exchanges will be able to offer their service (Dash-to-fiat) on equal footing.

As it stands, your proposal will favor only one exchange, and will hurt the free market.
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0 points,4 months ago
Hi Technologov,

1. This proposal will stimulate the market, and does not make it a "non-free market" whatsoever.
2. and 3. can both be done under this proposal as well, i mean wy not?

To be clear, this favors the ONLY exchange that even has an API for buying/selling Dash. Voting no would do more harm than voting yes, wouldn't it? I hope you can see that this will not harm the ecosystem in any way.
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1 point,4 months ago
Additionally, what if exchange X (say 'Wall of Coins') is not supported in country Y ? (say China)

What do we do ? It brings a total confusion to be front and center in our default wallet. DASH/fiat Exchanges are never global.

This is why I'm in a favor of plug-in system for Dash wallets. (as opposed to integrate Wall-of-Coins directly into Dash Core wallet)
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0 points,4 months ago
To answer your question about "what if exchange x is not supported in country y" -- then support country Y. That's not a problem for Wall of Coins, but for other services, I cannot speak for them.

You and I are both in favor of plug-in system for Dash wallets, and that is what this will begin. If you did not see that before, I hope you see that now :)
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1 point,4 months ago
I think a plug-in system for Dash wallets is the long-term solution. Just like web browsers have extensions nowadays.

For the short-term, you can make a Dash wallet client fork with added functionality.
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0 points,4 months ago
And that is exactly what this will begin. This will be an example of how other services can plug in JUST like this service. That framework has to start SOMEWHERE, so why would people vote for it to not start now? That's what we're proposing.
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2 points,4 months ago
Amazing idea
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4 points,4 months ago
Voting yes. Anything to improve the user experience between DASH and the fiat world should be embraced. For those that don't know, Robert was the primary contact for bringing Charlie Shrem onboard with DASH and has been a great asset to the community.
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1 point,4 months ago
I didn't know that, thanks rgenito!
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1 point,4 months ago
Hi maxpowerzz,
I really appreciate your kind words and your enthusiasm to share this with the community. Thank you for your confidence, and I look forward to getting started with the team on this ASAP!
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-1 point,4 months ago
Voting no due to Wall of Coins having never worked out for me. There are either no sellers or extremely high fees. If it was a different service I would vote yes
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1 point,4 months ago
Hi Ctafti, would you reconsider? It's the only market where this is possible, and it will do more harm than good. If this is within all wallets, there will also be easier access for more sellers to be in your area AND better rates :) Right?
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0 points,4 months ago
Your not wrong, I personally am sticking with my no vote, however it looks like I am in the minority.

Good luck with the implementation!
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0 points,4 months ago
Sorry, but how can you be sure to convince third party wallets to integrate this?
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0 points,4 months ago
Because I intimately understand the needs and concerns of these wallets, and this proposal addresses the solution. (It's written within the proposal). Also, I was willing to bet >$400 on it.
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1 point,4 months ago
A bit expensive but 90%+ of proposals are. It has my votes!
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1 point,4 months ago
I really like Wall of Coins, it's pretty simple. I'd like to see a few improvements to make the site easier to understand but otherwise it's very easy to use once you figure out what / how everything works. I figure this will improve over time :) It might be that integrating the Dash wallet will already clean up the interface ;P Sorry for complaining! LOL, it is being a little nit picky, but to a new user it's confusing :P But to be expected :D
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-1 point,4 months ago
A 20+ thousand dollar payment and this is the first I've heard about it??? no pre-proposal discussion here, no annoucement on dashpay nothing on dash.org... wtf?
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1 point,4 months ago
Go ahead and check it out, let me know if you have any questions :) I do think it will be better for you to reply here for all MNOs to see, though.
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1 point,4 months ago
There absolutely is a pre-proposal discussion.
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-1 point,4 months ago
made few hours before making that proposal.. does not count in my mind
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1 point,4 months ago
a few hours is not >24 hours, my friend.
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0 points,4 months ago
I understand what mastermind means about if something is worth the money.
I like to vote yes on the proposal but if the payment will be distribute in
for example
1) 70% labor costs
2) 30 % software costs

So I can understand and learn for this one and other proposals how costs are divided.
I know it can be difficult and I'am not a masternode who knows al lot about project costs but I am want to learn.

Bossie ( Netherlands )
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1 point,4 months ago
Some discussion from the #proposals channel in slack.
http://imgur.com/a/LbeKl
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