Proposal “Cryptolifex“ (Completed)Back
|Title:||Cryptolifex (Venezuela Exchange VEF/Dash - Dash/VEF)|
|One-time payment:||18 DASH (8784 USD)|
|Completed payments:||1 totaling in 18 DASH (0 month remaining)|
|Payment start/end:||2018-01-17 / 2018-02-16 (added on 2018-01-02)|
|Votes:||690 Yes / 46 No / 25 Abstain|
General Project Information
Project Name: Cryptolifex
Description and Goal Statement
The main purpose of this project is to facilitate the acquisition of DASH/VEF and VEF/DASH through Bolivares Fuertes (VEF), without the need of transactions using Bitcoin (BTC). Specifically, our purpose’s goal is to optimize the time, transaction fees and ease for users to purchase DASH with their local currency without daily transaction or buy/sell limits, the DASH limit that users will buy or sell will be placed when the user creates his ad, he can choose the bank or banks he wants to work with, so it will be easier for users to choose the best offer depending the bank they have.
We will have a decentralized platform with P2P transactions. Cryptolifex will serve as a reliable intermediary in order to successfully operate each of these transactions.
Email Address / Website: firstname.lastname@example.org / www.cryptolifex.com
Departament: Innovation and Creation
Jean Carlos Gonzalez/ email@example.com
Patricia Gonzalez/ firstname.lastname@example.org
Douglas Roman/ email@example.com
Jonathan Camacho/ firstname.lastname@example.org
Departament: Advertising & Marketing
Roger Rodriguez/ email@example.com
Gary Bustillos/ firstname.lastname@example.org
Omar Yepez/ email@example.com
William Garcia/ firstname.lastname@example.org
Eugenia Alcala / email@example.com
The fundamental purpose of this project is initially orientated to those within the Venezuelan community, who wants to acquire DASH with Bolivares (VEF) directly, without having to get Bitcoin first to then exchange them for Dash.
Project Scope Statement
DASH is a technology that little by little has made a place in the world picture, thanks the advantages it offers compared to traditional finance systems.
Cryptolifex will provide security for P2P transactions success. The platform will be an intermediary with a strong system to prevent scams. It will be easier for users to acquire DASH with their local currency and not having to buy Bitcoin first to then exchange themfor DASH in an Exchange.
Cryptolifex platform will not need direct human interaction for its operation, which allows users to use it24/7, 365 days of the year.
Cryptolifex can change the way business is made in Venezuela, because of its low cost, its level of security and its ease of use.
This project provides a contribution at a social level, given that it throws new information to entrepreneurs and others. That will allow them to make decisions about the adoption of this technology as an alternative or complementary tool depending on the needs they have.
The activities made by DASH Caracas (@dashcaracas) have raised the interest of Venezuelans to buy and sell Dash directly with their local currency. The first conference of Dash Caracas had an attendance of around 140 people. The second one managed to have more than 350 people interested in knowing more about this cryptocurrency. By the information DASH Caracas sent us, we know there is an approximate of 1700 people registered in their database for the third conference.
Once the platform is finished, the team of Dash Venezuela will test it, having the opportunity to write a review ofthe website. The results will be presented in the next conferences with the possibility of performing live tests so people understand the use of the platform and get familiar with it.
Social Networks: @dashcaracas #dashccs
- Purchase of DASH without needing to obtain Bitcoin in Venezuela.
- Lowering fees through DASH.
- Low waiting time between Buy/Sell transactions.
- Increase of transactions and trading with Dash in Venezuela.
- Cryptolifex will be a decentralized platform, a Peer-to-Peer with escrow.
- Cryptolifex will allow the use of legal person accounts.
- Make an advertising campaign to make the cryptocurrency more known.
- No limit in daily transactions.
- No limit in daily buy/sell transactions.
Commercializing in Venezuela with Dash will be one of the benefits people will have by using Cryptolifex, we will achieve this by advertising campaigns through our social networks, including radio and TV, and we will have participation in the next DASH Caracas conferences.
On Cryptolifex website users will find and use:
- Dash Buy/Sell Ads.
- Internal wallet for transactions with escrow.
- Technical support through email.
- User profile with reputation system.
- Transaction history of each user.
- Chat for communication between buyer and seller.
This project addresses the process of exchanging Dash to Bolivares Fuertes (VEF) and vice versa on the internet, the marketing of the cryptocurrency throughout the country and the increasing of its use. This will be carried out through advertising campaigns in the whole country. We will also have the support of DASH Venezuela collaborators to spread the information in the entire national territory.
Project Milestones and Schedule
Starts: December 01-2017. Ends: March 01-2018
EXPENSES / DETAILS / RESPONSIBLE / USD BUDGET
5 DASH REFUND / 5 DASH refund proposal
FROTEND 250 HOURS / Website Development / William Garcia / 2,500.00 $
BACKEND 300 HOURS / API Development / Omar Yepez / 4,500.00 $
TESTED 15 HOURS / Platform testing / Team Cryptolifex and DASH Caracas / 200.00 $
ADVERTISING AND MARKETING 12 MONTHS / Development of an Advertising, Social Network, TV, Radio and Dash community campaign/ Roger Rodriguez / 4,200.00 $
CUSTOMER SUPPORT AGENT 4 MONTHS / Customer support: doubts and problem solving within the platform / Gary Bustillos / 1,000.00 $
PROJECT ADVICE / Advice to the entrepreneur team about pre-proposal process / proposal / reports at Dash Treasury. Reading of the project for corrections / Eugenia Alcala / 150.00 $
LEGAL ADVICE / Legal advice and constitution of the company / Yvan Rodriguez / 500.00 $
TOTAL USD 13,050.00 $
Once the platform is ready, DASH team will test it by creating users, buying, selling and creating DASH buy/sell ads. In addition, they will be able to verify platform support, levels of security and make sure everything works fine.
Our advertising campaign will be based on presenting information about the advantage of using DASH cryptocurrency in Venezuela through radio shows, press, flyers, social networks, YouTube channel and Television.
Major Known Risks
Risk / Risk Rating ( Hi , Med , Lod )
Volume of transactions / Medium
Advertising / Low
Hackers / Low
DASH price flutuation / Medium
- Volume of transactions. At the beginning of the platform will not have any user, since this is earned through advertising and trust we generate, therefore the first users to buy and sell DASH will be the team of Cryptolifex, while people create users and start to buy and sell DASH. As a result of not having enough funds for buying and selling DASH, we will not be able to create enough ads as long as the community signs in and use the platform by creating their own Buy / Sell ads.
- Dash price fluctuation
- Cryptolifex team, responsible for the execution of the project.
- MasterNodes Owners through their vote on the proposal to access the financing of the DASH Treasury.
- DASH Venezuela, who are already participating in the project's assessment, the platform's tests and they will include the results of that review in the content of their upcoming conferences and other events.
The communication in the Cryptolifex team is done daily, without leaving any detail at random, we always attack doubts instantly proposing various alternatives after identifying the situation that needs to be solved, analyzing the existing variables or options, taking into account the available resources and the impact that it would cause for both the Cryptolifex team and the community.
Our decision-making is always made by voting, where each member of the Cryptolifex team gives his opinion regarding the previously proposed alternatives, and we decide by majority vote which will best fulfill our purpose. They are made personally in a place already defined or through Skype.
Finally we put into action the solution that came closest to our goal, this process is still subjective so there will be the chance of changing our decision in case things do not go as planned, while remaining persistent. If we see that the goal has not been reached in a unit of time and considerable efforts for our purpose, we can change the alternative. The important thing is not to see it as a mistake but as learning.
Communication with Venezuelan community will be carried out through social networks such as, Telegram, Twitter, Facebook, Instagram, among others.
The community will also be reached through the help of different DASH collaborators in Venezuela.
Cryptolifex has as purpose the daily check of the entire platform; this will be done with the Cryptolifex work team that we assign to be able to comply with a 24 hour support to it.
The Cryptolifex team will make monthly updates of the project's progress through the DASH Forum.
The current USD value of Dash is $1141.33
2500/1141.33 2.190426 Dash
4500/1141.33 4.942768 Dash
200/1141.33 0.175234 Dash
4200/1141.33 3.679917 Dash
1000/1141.33 0.876170 Dash
150/1141.33 0.131425 Dash
5.000000 Dash Proposal Fee
13.050 USD 17.434025 Dash
Thanks to the people who helped us to found this proposal.
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