Title:Dash Merchant Venezuela - Stage 2 (Scale up to 3000 merchants + Incentivizing the consumption)
Monthly amount: 210 DASH (42946 USD)
Completed payments: no payments occurred yet (4 month remaining)
Payment start/end: 2018-09-17 / 2019-01-14 (added on 2018-09-07)
Votes: 585 Yes / 41 No / 54 Abstain
Will be funded: Yes
Manually vote on this proposal (DashCore - Tools - Debugconsole):
gobject vote-many 728555baaf2cc4841c4229d4e8d2cf14d1eeb80f78e272e3fb46dbc09944e71f funding yes

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Proposal description

Dear Dash Community, we are so pleased to introduce you our next proposal for Dash Merchant Venezuela, the most succesfull merchant adoption project for Dash in the World. It is important to mention that more than 80% of all merchants in Venezuela have been affiliated by our team. Remember each one of our projects consists of a specialized team focus on getting the most effective results in their area.
- Total merchants affiliated to date (Sept 9th, 2018): 1452 (including Subway, Papa John's, Remax and local franchises)

This is a video where we show a summary of our work during the last 3 months.


Thanks to our work, Dash and Venezuela have been in the center of the crypto media/news sites. Recognized companies like Coindesk,, BusinessInsider, Cointelegrapho Cryptovest, have covered our story and always mentioning the great "merchant adoption" in Venezuela.
Articles are following:


Besides, Ryan Taylor, the CEO of Dash Core Group has stated that "Venezuela is the 2nd biggest market of Dash"

As we have stated in the past, have built a strategy for massive adoption of Dash in Venezuela. It consists of 3 stages that must be followed to increase the probability of success. The stages are following:

a- Merchant adoption: We must have the merchants first in order to people can be able to spend their Dash. Merchants is the first step and this is what this proposal is about, affiliating the most merchants we can.
b- Get Dash into people hands: Once we have the merchants now is time to fill the economy with Dash, in that way people will have Dash and they will also have options to spend it (merchants affiliated in Stage 1). The best ways to bring Dash into the economy is throught Remittances, Freelancing and Mining. We are working in a remittances project for this.
c- Incentivizing the consumption: At the same time we affiliate merchants and we bring Dash into Venezuela, we have to give people good reasons to spend that Dash rather than exchange it to Bolivares. We can achieve this using discounts, special promotions, Dash Back, loyalty programs.





Thanks so much for reading our proposal, we hope you support us!

Contact info:
Number: +58-212-720-1256

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Discussion: Should we fund this proposal?

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9 points,15 days ago
Alejandro, Lorenzo and team are doing a phenomenal job in Venezuela. I admire the teams work ethic and dedication to Dash. I'm in frequent contact with team. Alejandro and Lorenzo have also been extremely helpful with regard to PR media relation efforts. Every time an external journalist has expressed an interest in Venezuela and requested quotes or further information about merchants or Dash adoption the Dash Merchant Venezuela team has gone out of their way to deliver including offering translation services and video interviews for Western media. I know if I need to verify information or need a quick statement, they always do their best to deliver. It's a big yes from me.
1 point,15 days ago
Hey Mark, thanks so much for your words and support! We will always be happy to help in anything we can, we need to spread the word of what we are achieving here.

Thanks again!.

8 points,15 days ago
People in the crypto space who don't normally follow Dash are starting to take notice.

Lets keep pushing forward. We have all the momentum here. This is how adoption happens.
2 points,15 days ago
Thanks for your support! We will continue working for adoption, this is real usage of Dash.
2 points,15 days ago
The price is quite high. 900 stickers for $2500- that is about $3 per sticker.

$500 sallary isn't high for US standards but for Venezuela it is like a four year of work?

You can easily cut down the amount you demand by 50% if you wanted to.

Still voting YES for NOW, but will have an eye on you and your results. If you overachieve I will support your further proposals.
6 points,14 days ago
Hello @mcpancake, thanks for your votes and support. Regarding to your questions and comments, I will take the opportunity to explain you the situation about the costs here in Venezuela:

1- Some months ago, Venezuela entered in a cicle of hyperinflation, the prices for products and services increase by the day. This also caused that the prices also increased in $ (for example: 1 month ago a standard meal was 0.8$ and today is around 1.8-2.5$)
2- Right now the minimun wage in Venezuela is around 18$ (before a presidential decree, it was around 2$ per month). But this doesn't mean that with 18$ people can live "normally".
3- In order to live a "normal" life in Venezuela, you must way more than 18$ per month.

I assume you say 4 year work because you're thinking people actually live with the minimum wage here, but that is false, nobody can survive with minimum wage, it is an illusion, everybody either gets more money working independently or receives remittances from their family abroad, or simply starve.

500$ is a good salary for an executive and allows him/her to live a decent life with basic things like food, health and education covered. But they still won't be able to save much money or buy properties or cars.

Unfortunately, only a few people here can earn enough money to live a normal life. And that is why there are hundreds of thounsands of Venezuela leaving the country. We want to pay our employees a good salary so they can stick with us and they can live a normal life.

For ths topic you can read a post from the MNO DeepBlue in the Dash Forum, the link is this one:

In our 1st proposal we ask around 20k per month, right now we want to double the size of the team (because we want to scale up the results) and we will be giving more incentives for achieving results. So we can't easily cut down the amount by 50%.

The amount we are asking is for scaling up the strategy that we already proved. Besides, there is no place in the world where you can hire and maintain a whole team of 35 highly profesional people with just 17,590$.

Regarding our results, I promise you we will overdeliver. In our last proposal I think we overachieved what we promised despite all the circumstances (the Dash price dropped by 65%).

Thanks again for your votes! We hope you keep supporting us!

2 points,10 days ago
@mrpancake thanks for asking the hard question(s).
It's seem to be ungrateful thing to do, seeing some MNO unable to understand that tough questions need to be asked
I hope you understand, these types of questions are not meant to be mean or anything, but there are great many things we don't know about Venezuela.

I also understand that you and the team members I know of are professionals and deserved to be paid as such.
If all goes well, than one day in the future, I would vote for big Christmas bonuses or something like that for all does like yourself that deserve it, assuming of course that the budget will grow again to a point that we can afford.
3 points,10 days ago
Hello @A_node_to_a_Master. I agree with you, this type of questions are key to make people understand the projects, teams, situations, contexts, etc. I appreciate all of them because in that way we can create more confidence in you (MNO's) and the community in general.

I love that Christmas bonus idea! Looking forward to do something like that.

Thanks a lot.

6 points,15 days ago
I see this as *the most* influential work we can be funding. The strategy is working. We have a real shot at unprecedented market saturation. I am eager to see what AlejandroE and team can accomplish with an expanded budget. By my calculation 3000 merchants represents a tipping point.
3 points,15 days ago
Thanks so much Red. And yes, our strategy is working, now is moment to scale up.
-2 points,15 days ago
> 80% of all merchants in Venezuela have been affiliated by our team.

Do you actually mean all merchants in Venezuela? So just 20% to go and you are done with the entire country?
Or do you mean Dash accepting merchants? Or something else?
6 points,15 days ago
There is only one logical way to interpret that statement and that is that out of all the Dash accepting merchants in Venezuela, 80% were onboarded by AlejandroE's team
4 points,15 days ago
Hello @masternube, as @Ancestor said, it is 80% of all the Dash accepting merchants in Venezuela have been affiliated by us.