Proposal “Dash-Adoption-in-Industrial-Commerce“ (Closed)Back

Title:Dash Adoption in Industrial Commerce
Owner:MrAnderson
One-time payment: 1071 DASH (893914 USD)
Completed payments: no payments occurred yet (1 month remaining)
Payment start/end: 2017-03-21 / 2017-04-19 (added on 2017-03-27)
Final voting deadline: in passed
Votes: 199 Yes / 441 No / 61 Abstain
External information: www.dash.org/forum/threads/hempsweet-decentralized-industrialization-alliance-proposal.13791/

Proposal description

https://res.cloudinary.com/hempsweet/image/upload/v1484672909/150x150px_ndfnwi.png
Dash Adoption in Industrial Commerce
A Dash Treasury proposal for Masternode consideration.


(This is a concise statement of the proposal and agreement of HempSweet with the Dash Community. For those who wish to explore more deeply, much more detail can be found at the links in text.)
This is a cross-post from the Dash Forum https://bit.ly/DashMNproposal

WhoHempSweet is a team with the sole purpose to find and implement new models for individuals and groups to organize and exchange value in a free, transparent, voluntary way using existing cryptocurrency, cryptographic property and other decentralizing solutions. HempSweet core team are Travis Remington https://bit.ly/TravisAprilDASHmilestones and John Ferguson https://bit.ly/JohnAprilDASHmilestones

What: The creator of this proposal and owner of the single DASH receiving address provided, Travis Remington of HempSweet, respectfully requests a donation from the Dash Decentralized Governance Budget to further improve the overall quality of the Dash ecosystem and the health of all humans.  HempSweet will use all donated DASH to research and develop large scale xylitol from hemp production technologies.
  • PureHemp Technologies, LLC and HempSweet have a signed contract (Includes both parties indemnifying Dash and all other participants against claims by third parties arising from conduct of any participants under this agreement)  between both parties that includes all inventions they will create as part of scaling hemp xylose to xylitol conversion with microorganisms will be open, transparent and without restriction to use. This donation will support a core element of the hemp industry that will empower Dash, HempSweet, and all partnerships to leverage building meaningful, lasting connections with an industry ready to grow alongside Dash. Details about Pure Hemp Technologies and their complete roll are covered in the HempSweet whitepaper https://bit.ly/hempsweet.
  • Travis and John to work full-time as HempSweet’s core team, manage all community communication, marketing, travel to Hemp and BlockChain events, relevant related podcasts by John with Dash as a direct sponsor, speaking events, travel to meet with potential future partnership opportunities, promoting Dash donation as a key enabler of hemp industrialization and commerce at a commodity and production level, as well as a consumer-facing level.


 Why: While Dash is making good progress on expansion, it and other cryptocurrencies struggle to gain traction in commerce where fiat currencies, of course, resist the disruption. Likewise, the completely-legal hemp industry struggles from not being able to easily use the fiat system to engage in commerce within the industry or with retail customers. These restrictions are completely arbitrary and the result of blanket policies, but are very real in practice. Barriers between crypto and fiat at industrial levels are almost completely unsupported outside of centralized fintech funding, which likewise restrict industry participants. For the decentralized Dash community and blockchain to support the penetration of one small production cycle through the entire industrial hemp ecosystem (completing the loop of usage, so to speak) is an unprecedented opportunity for Dash to take the lead in industrial cryptocurrency usage, as well as consumer usage. It is certain that such a penetration will result in huge demand for and use of Dash.  All cannabis (pot and hemp) industries are being constrained, even as they are permitted to operate, while centralized systems work steadily to co-opt their massive decentralizing potential.  

When:  The time to act on this is almost exactly right for all market and social conditions.  What is being proposed here is for funding of the initial month of executing the project only--to prove efficacy and value--with the intent to carry the project forward for a maximum of twelve months by renewed proposals, with full reports at every stage to ensure that each stage of proposed funding is warranted and being earned in terms of results.

How much:  Total $98,360.64 @ $91.84 per DASH (based on March 26th average rate at https://bitinfocharts.com/comparison/price-dash.html)Total:  1071 Dash 
Note: Should any funding remain, we will apply it toward future development expenses.

What is in it for DASH:
HempSweet is focusing a non-contractual or binding alliance between Dash, BitShares and HempSweet, for synergistic effect far beyond what's covered here. See linked documentation for full data on the entire field of action.

Following is a simple breakdown of the Gives and Gets for Dash, strictly from Dash's perspective.

DASH Gives:
  • Dash blockchain/community supports a hemp biomass processor to complete development of the best specific biologic pathway and practices for industrial scale conversion of hemp xylose syrup to healthy xylitol sugar, becoming the first blockchain to directly fund a bio/mechanical engineering project in developing an open-source process for the public good. The full potentials of this are expounded in linked supporting materials. The results of this research will be open-sourced to the world (after an initial development period wherein only direct partners will have access) so it is not just to the benefit of HempSweet, but in the interest of putting this type of product into use worldwide, whether associated with HempSweet or not. Such donation could be viewed as a charitable activity, since HempSweet is not the sole beneficiary, because the intellectual property created will be open-sourced. The specifics of this activity are covered in the draft Hempsweet whitepaper https://bit.ly/hempsweet
  • Dash's donation also supports two HempSweet principals to shepherd and promote the project and Dash to the multi-billion dollar (and just getting started) hemp industry. 
  • If this proposal is approved then another proposal will be made for next payment cycle and the masternodes will have to judge whether the project leaders have successfully completed their stated promises and whether further donations are appropriate.

Dash Gets:

  • A loop of commerce transacted in Dash within the hemp industry: Processor to farmer, processor to employees, farmer to suppliers, farmer to farm workers, manufacturers (who use processor's output) to processor, then to packing, wholesale, retail, consumer.
  • Immediate demand for further on/of ramps to Dash, largely provided by the mutual alliance with BlockPay, OpenLedger, etc., as part of the plan. Also DASH ATMs have the opportunity and incentive to get up and running in related areas.
  • Dash gets rapidly positioned as the leading cryptocurrency enabling industrial (as opposed to consumer) commerce in an industry that is having severe pain points surrounding the use of fiat, though everything they are doing is completely legal in both US federal and state governments.
  • Dash will be a default store of value even when it is not preferred as a currency. Some will prefer to receive and give bitUSD (USD-pegged     token) for accounting purpose. Through other agreements already in place with others, Dash will be a well-supported trading pair for bitUSD, allowing liquidity between the two.
  • Active, incentivized promotion of Dash within the industrial hemp community by HempSweet principals. This will be ongoing, of course, even after the Dash support for them ends.
  • Dash will have shown that it can go where no other cryptocurrency can, due to its governance model and the incredible community it encourages and incentivizes.
  • Dash will benefit hugely by supporting the alliance with the BitShares blockchain community as part of separate agreements already reached with BitShares market makers, as well OpenLedger and BlockPay.
  • There is intent to vest the Dash community or Masternodes in the future success of HempSweet by way of a separate profit-sharing token system, which should start to payout quickly as we are ramping up a pre-sale. This is not explicitly part of this agreement at this time because details are not finalized, but it is intended and will be provided.
  • We are quite sure there are more points that could be isolated, but these cover the most obvious ones.
Worst Case
Let's look at the worst-case scenario and see what there is for Dash to lose.

The very worst case we see is something like this:
  • Dash provides funds for the initial research and support of HempSweet workers for the initial period, but the HempSweet plan is flawed and/or the HempSweet workers do a poor job of promotion and management and the project falls apart, with no path established to the full end result desired.   
In this case, minimally, whatever Dash was spent to pay for the research would be put directly into circulation within the hemp industrial cycle by being used to pay employees, buy raw hemp from farmers, etc. Each of those value transfers will have outgoing ripples as that Dash is spent to others, and then others, initially right within the hemp/cannabis industry itself. This being a significant amount of value, it could be viewed that the blockchain had wasted it by not getting the ultimate product intended. But because it is a significant amount of value, spent in exchange for valuable product and service by the processor/researchers, it is Dash value circulating in the ecosystem, creating more demand for paths to use it. It is arguable that this, all by itself, might be good reason to expend this Dash. It is quite likely that, even without anything else coming of the project, this Dash put in circulation in this way would create value far, far in excess of the 0.0149% dilution caused by the inflation factor (as compared to those coins not being created). Dash will have significantly broached use in this multi-billion dollar industry.

  • The only worse scenario we can think of is that if the HempSweet workers somehow bring disrepute to Dash, or crypto in general. Failing to make a reasonable go of things would be a hit to us personally and damage our personal reputations and credibility, which we value. We would have to act very badly indeed to taint the image of Dash. The community will have to examine our past actions in the space, including the efforts we have expended on this plan, and judge if we pose such a great risk.
Between these worst cases and success in excess of all expectations are many possibilities. We have put a tremendous lot of work and personal expense into establishing the means and relationships for this to happen and be successful, and are committed to take it all the way. It is hoped that Masternode owners will grasp the tremendous upsides potentials represented here.

Respectively submitted,
Travis Remington (@mranderson010) and John Ferguson (@John Ferguson), for HempSweet https://HempXylitol.com and https://HempSweet.net

Please ask any questions you may have and consider voting YES!  If you are unable to spend the time to fully evaluate our proposal documents and/or have difficulty understanding the scope of this proposal then please discuss with other masternodes who already have or consider abstaining.

--We understand that this proposal is a whole lot to consider. The following forum exchange captures something worth considering which likely has not been made clear enough anywhere--


TanteStefana said:
Yes, I’m afraid it doesn’t feel like the right fit either, mostly because it’s all over our collective abilities to assess fully.
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oaxaca said:
This is the problem with full democracy. We are asking the masternode owners to actually read the material, digest it, and form an opinion. In the "real world", people elect ministers or senators or some such to handle this job for them. Here in Dash, it works a little differently. Masternode owners have responsibility to help govern, not simply earn part of a block reward for setting up VPSes.
Here is the punch line from the proposal:
Dash Gets:
  • A loop of commerce transacted in Dash within the hemp industry: Processor to farmer, processor to employees, farmer to suppliers, farmer to farm workers, manufacturers (who use processor's output) to processor, then to packing, wholesale, retail, consumer.
Isn't that why we a part of Dash to begin with?
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paragon said:
oaxaca that level of adoption does sound great but it's pretty safe to assume even if Travis did convince all those people in the production cycle to accept Dash as payment which, with all due respect to Travis, I find a little hard to believe, in all likelihood most of them would just be converting the Dash to fiat right away                  
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fergish said:
You may not understand how desperate a lot of the players on the production side are to be able to transact in some way OTHER than fiat. Can't bank, means farmers and others sitting on actual cash. Sounds nice, but it exposes them to all sorts of hazards from theft to "asset forfeiture" for having "suspicious amounts of cash", etc. Can't send it over the internet. There are significant players who are desperate and will incentivize others to use crypto (preferably Dash) if the critical mass can be approached and other on ramps built. We're trying to start the ball rolling from WITHIN the cycle, rather than having to get everyone going through fiat conversion.                
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paragon said:
I'm in favor of this aspect John and Travis, but you are asking for Dash to fund research and development and production of xylitol from hemp which in my opinion is not something Dash's DAO is intended to do. If you asked for money to promote and spread the use of Dash within the industry via incentives, I think the response would be different                  
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fergish said:
Actually, that is exactly what we are doing. The funding in Dash is key, and funding coming from a decentralized community is key as well. See HempSweet whitepaper for the logic of this. Pre-sale of the final product could also be part of the decentralized support. That will play a part later, closer to final production.

HempSweet will take first advantage of the research to produce our product, sure, but the system that will be set up will be open sourced soon, so it can be copied, with or without direct participation with us. Dash will be funding the development for the public good, internationally, and will be promoted as doing so (incredible PR). At the same time, Dash is putting a significant primer of currency flow directly into the veins of an industry desperate to experience just what Dash is offering. Look at it as priming the pump. Takes a bit of water in the line for the pump to get traction and start the flow.            

Show full description ...

Discussion: Should we fund this proposal?

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1 point,8 months ago
I appreciate the cost/benefit analysis, BUT...
I won't vote for proposals/proposers who support their proposal with "but these funds were just going to be burned".
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-1 point,8 months ago
Bringing up the fact that the Dash available for this payout cycle that are not allocated will be burned/never-created is a response to the comments like 'it is proposal I support, but there is not enough in the budget for it.'

The only other specific criticism was with regard to specific words that caused concern of legal interpretation and liability, which we have revised. I am sorry, but I see no way to revise the fact that if you chose to vote no then you support the idea that having less Dash in circulation is more valuable to the ecosystem than what we are proposing.

That is your right and I respect your free will to vote as you see wish, but I think a no vote for this proposal will result in a decrease of the long term value of this community, which Dash derives its true value.
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2 points,8 months ago
I will change my votes to yes and give this a chance. After reading what @oaxaca. has to say on forums, I do see this has potential even though it could be risky.
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1 point,8 months ago
Of all the budget proposals for the upcoming superblock, this one is most likely the most controversial one to vote on with clear risks at one side and possible huge benefits at the other side. I'm going to give myself a bit more time to think it through, but so far i'm leaning towards a no because i feel Dash budget system is currently still in an early phase where it profits more directly from smaller, well defined projects with a guaranteed outcome.

This kind of large project could fit Dash more once its has expanded its eco-system and has become a much larger force of power.
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1 point,8 months ago
Thank your for the heart felt consideration and honesty. My only question is what if on March 31st/April 1st (last day to vote) we still have non-allocated DASH that will be DESTROYED, would you support us getting a chance to start proving out the "possible huge benefits?"

Right now with the majority of proposals that are >10% are there and that still leaves %44 (2,926.25) of the DASH budgeted for this payout out available and if not spent will never be created and lost forever. We are only asking for a little over 1/3 of those Dash left after all the less controversial supported proposals are already allocated.

Thank you again for your time and energy.
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0 points,8 months ago
I don't mind risking the funds, I do mind being responsible for the project, and the way it is written, we, the network, are responsible. Can't this be edited?
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0 points,8 months ago
TanteStefana thank you for all the feedback and effort you have contributed to this proposal. Edits have been performed, please let myself or John know if there is anything else we can do to gain further support.
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0 points,8 months ago
I hope you reconsider in the case where there is enough money left in the budget after all the core proposal. Because you seem to like the basic idea. So if we can fund it now already might be a good idea.
As they say the best time to plant a tree was 20 years ago the next best time is right now. :)
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2 points,8 months ago
I think this could be huge for adoption and it's not so costy compared to what we're getting. This is a full cycle of people at every level in an industry using Dash! Combine that with the difficulty of getting banked in this industry. Think outside the box and realize what this actually means! Dash could be used to boost the whole industry past what fiat is currently limiting them with. And Dash would surge together with the industry. Big YES from me :)
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1 point,8 months ago
I have voted yes. I think the Dash benefits in a lot of indirect ways by approving this. One mentioned in the text above is that a significant amount of Dash will be distributed within the multi-billion dollar industry. I also believe approving this proposal will encourage more proposals like this one to apply not to mention the potential positive PR this could generate for Dash. Aside from those indirect benefits the asymmetric risk associated with this proposal is very good. Dash should be seen as innovative and daring and I feel it would be a shame to pass up on this opportunity.
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0 points,8 months ago
Reads like a scam. Feels like a scam. Honesty, it seems like you just want the Dash treasury to invest in your business. See for example:
"Dash blockchain/community pays a hemp biomass processor directly to complete development of the best specific biologic pathway and practices for industrial scale conversion of hemp xylose syrup to healthy xylitol sugar, becoming the first blockchain to directly fund a bio/mechanical engineering project in developing an open-source process for the public good." What does this even mean? Why should the Dash community care? Because you dropped-in the words "open-source" and "public good"? The whole proposal reads this way.
In short, the Dash community gives tangible benefits (1071 DASH), but the Dash community returns are vague, and impossible to measure.
Please vote "no".
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0 points,8 months ago
It means that we would be putting a small piece of the DASH (That will be destroyed otherwise) block reward towards Proof of Real Physical Labor into a market that will likely become one of Dash's biggest allies.

Well I am part of the Dash community and I care because the biggest attack we get is the ridiculous instamine and only care about pumping our price up so big that the few with a lot of coins will dump one day. How would it make us look to say "look here where the Dash community took a smart risk and got their coin directly in the hands of people who have nothing to do with computer tech, financial tech and Dash provided for the first real world open patent on an industrial invention that is improving the health of billions." ----There are several things there that should cause someone to care.

You are exactly right about Dash community giving tangible benefits. They will be benefits that we can see, feel, touch and be proud of. The returns from that benefit could be seen for a very long time with not only an increase in trading value, but more importantly the increased perception of value to hard working scientists, medical professionals, voluntarists, food manufactures, parents, teachers,.......everyone in the end.
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3 points,8 months ago
I am switching my vote to yes because even though I think this is still a super risky proposal if it works out the benefits for dash could be huge.
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0 points,8 months ago
The more I re-read this the more I feel its a scam. You know when you get that long email from a politician in Nigeria who has loads of money and they have pinpointed you as the ideal person to help if only you will give them your bank details? Well thats the feel I get from it. Ok, its elaborate, with lots of preparation and some smooth talking replies, but I've been around, and I don't trust it. Business deals are more likely to be scams than personal dealings. I just don't like the way it is presented.
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0 points,8 months ago
Well I guess we cannot win them all. In some weird way I'm flattered by the compliment of lots of preparation and smooth talking replies; although that is likely more directed towards John since he is a professional editor, writer and podcast host. We are asking for a sizable chunk for an application that has not been tried on this platform, so how else do we communicate that what you get here in this proposal is what you will likely get working for this community. Persistence, professionalism and unrelenting work since a lot of what we do is purely out of voluntary choice.

John and I live in different states, but we both live in the US. Based on all of our social site links, multiple websites, masternode operator who stated they have met me in person and confirm I say and have the value I advertise......heck I even shared the video of a recent talk in Anarchapulco I did about HempSweet. There are phone numbers on probably every site we have linked, particularly with PureHemp Tech, and Jeff Cole (VP Sales & Marketing) made an account in the forum and stated he is open for any communications.

I was mining DASH when it was Darkcoin, but beyond that I spend most of my time looking how to implement these disruptive open source technologies to improve peoples life.......so with your stated experience, what else could we do to address your feeling of concern for a scam?
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1 point,8 months ago
i love this idea... i think this industry is just getting started and is a high growth area. I'd love to see projects in the medical marijuana space at some point in the future at a higher market cap. that space is growing huge as well.
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3 points,8 months ago
I'm sorry, but I have to vote no because this is like a business partnership, the way it's written, and the Masternode Network is not set up to take on such responsibilities. We have no law firm to represent us. Perhaps, if this could be hammered out with the Dash Foundation and their retained Law firm, so that Masternodes are indemnified against wrong doing, this might work. But as it is written, you want us to become partners with your firm, pay your employees, and that's just taking on too much responsibility. Also, I don't think the network should act as a banking institution, even if the intent is noble.
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0 points,8 months ago
Yea I have to agree with this as well. For such large amount, I would like there to be a contract between legal entities, which this dao unfortunately isn't.
Also has nobody told you to make a pre-proposal because that would have been a good thing to do first.
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0 points,8 months ago
There is already a contract (https://bit.ly/purehempcontract) created by PureHemp that they have already stated it would be modified to include this possible source of funding, which specifically releases all payers from liability. Of course "their attorneys will talk to the master node's hired attorneys;" that is absolutely logical. The company has been in business for 24+ years. The only new and revolutionary part is they would be receiving some funding from a decentralized peer-peer blockchain that sees value in opening patents to technologies that have the capability of changing the world for the better for billions of people. Heck if the attorneys open minded enough to represent a blockchain, then they sound like the perfect group to develop the first open patent license for physical industrial inventions.

As for the pre-proposal we did have one available and here is a sample of some of the great feedback we have already received from community members. Even the less than positive comments where quite helpful for us in fine tuning this proposal to the level of quality it now has.
Populandum said: ↑
I'm actually sitting here in awe of what you are proposing! I think it would be a BIG mistake of us all to not use this opportunity! We can actually grow both the financially-suppressed hemp industry along with Dash! I see this as a success story where we actually get the real first use of crypto on a big scale! Think about it: Dash saving an entire multi-billion dollar industry which many banks don't want to support because of the FED.
​
oaxaca said: ↑
This is exactly the kind of big thinking that is needed to gain real world adoption. I have been advocating a full circle of Dash use in a community for a long time. If you choose to ask for a single month of financing, what milestones or feedback can we expect before the 2nd subsequent vote? If you ask for 3 months, be aware that it is possible to downvote an initiative for any reason whatsoever. A few loud and mobilized voices could probably get that done.
oaxaca said: ↑
A few obvious points here. It's all about choices. The masternode owners gave 1100 Dash per month for the Terpin PR fiasco. The masternode owners gave over 7300 Dash for an ATM fiasco. ATMs? Seriously? And what are we discussing now? More ATMs and a Tesla? Are you kidding me?

This proposal is much more far reaching than those. Let me spell it out for you. The Dash that would be allocated would be USED and RE-USED in a circle of real world adoption. To quote above: "all participants from grower to processor to manufacturer to supplier to retailer agreed to accept and pay in cryptocurrencies, with incentives favoring DASH..."

This is what it's all about. While it's fine to talk about exposure, this is real world acceptance and use of Dash. That is the Holy Grail of the entire Dash project, is it not?
VENDORS ARE USERS, TOO!

Or at least they would be if crypto were not hostile to them... I'm still impressed by the ability of the DASH community and leadership to still not understand this.

You have to support someone other than the showflakes. IX seemed to be the answer, but it appears that it's creator has no idea what it's good for or why.

The full-circle is the objective, but the everyday user can't actually use without the vendors. At least band-aid them a DASH -> FIAT solution, and then you can fill in the rest of the circle from there.

Vendors are the starting point for drawing the circle.

No, I'm just a troll for saying so... fuckin' echo chamber cryptotards...
​

Fiicus said: ↑
I think Dash would absolutely benefit from working with the hemp industry, and even the legal cannabis industry as it starts to propagate around the country. I also strongly believe that if we don't take an opportunity like this, assuming it's legit, which it truly seems to be, someone else will jump on it. I feel, very strongly, that in industries where banking is very difficult, Dash should absolutely try to proliferate in those spaces as quickly as possible. I believe that while the proposal is very ambitious, and it's hard to trust people who haven't made proposals before, we have a lot of treasury funds to use thanks to our recent growth, and the exposure from this would be enormous. Ethereum is on alphabay, monero is used a lot on the dark web, bitcoin is used for online poker and various other things. If we don't allow ourselves into these spaces, someone else will take that opportunity and grow in them. It's not like the gov would specifically prohibit dash in these spaces, they'd likely take an overall approach, still, perhaps it's best to keep a distance from black markets. So the way I see it, we can not participate and lose out on a cut, or we could participate and further the public's awareness of Dash at relatively no risk to ourselves.
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0 points,8 months ago
Agreed. Me too.
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-2 points,8 months ago
So what your saying is Dash is not a decentralized peer to peer network with a focus on privacy, but actually a centralized business that can be sued, attacked, shut down? Wow, well at least it is good to truly know where the state of the network is.

How many proposals that are approved and paid workers got the sign off from attorney's?

Well it should be restated that this is an offer with a time limit, and PureHemp Tech. will likely move on. "We have no law firm to represent us. Perhaps, if this could be hammered out with the Dash Foundation and their retained Law firm, so that Masternodes are indemnified against wrong doing, this might work." -------but the risk of lost opportunity is real, not some hypothetical.
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1 point,8 months ago
Wow.. an offer with a time limit! guess I'd better act fast before some other DAO rushes in and give you money. /s
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1 point,8 months ago
Are you asking us to downvote your proposal ? that reply is just rude
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1 point,8 months ago
I apologize if my words come off rude. As many in this space know, it is hard to convey intent/emotion correct every time with typed words that are being read and interpreted from people of all walks of life. This is an open forum of public opinion and I appreciate all of it; even when to me and my own personal opinion seems a bit straw man like.

My intent was to describe two sides of the same "coin." DASH is either decentralized enough to be resistant to immense power wielded by states of unlimited resources.......or it is not. I became a lot less interested in Bitcoin the moment I realized it was not decentralized enough, particularly with the human consensus portion.

If a proposal that very few, if any, would argue the benefit of replacing refined sugars and fiat money would have for humanity can be decided by attorney's then I have more to worry about than this proposal not being voted on.
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-1 point,8 months ago
https://bit.ly/purehempcontract here is the current contract that we have already stated in our pre-proposal where the legal verbiage will be updated to meet any requirements and your idea of the dash foundation legal team sounds great; PureHemp Tech's attorneys will handle all the work. We only have an interest in this being a success for everyone.
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1 point,8 months ago
To me, this is outside the scope of the treasury purpose. Treasury funding should allow us to contract for network services, development, promotion, and support, not serve a capital provider to unrelated industries, even if Dash were to be used somehow. It's too tangental to the core network.
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1 point,8 months ago
Agree. Outside the scope of the treasury. We need to fund efforts to improve Dash development, promotion and support. If, as the proposal owner suggests, they will use these funds to promote Dash, why not submit a proposal to do that? Why tie it to a particular business? Funding this would be a bad precedent.
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0 points,8 months ago
I agree with you on the use of treasury funding, but where I disagree is where you do not think this proposal is not applicable. Take for instance my early draft of my personal milestones for the up coming month if we are funded: https://www.dash.org/forum/threads/hempsweet-decentralized-industrialization-alliance-proposal.13791/#post-118204

-----Here is just a few samples for just this month roadmap.
Travis:
*Continue expanding HempSweet:bitUSD; bitUSD:DASH markets (Technically an on ramp from fiat/cc to DASH in a matter of minutes). Further optimize trading bots that are pegged to Poloniex USDT:DASH.
*Further expand open source software for DASH and Bitshares UIA/MPA shopping cart integration so customers can pay in DASH and automatically receive their HEMPSWEET BitShares token digital receipt; while be easy with Hemp website account creation simultaneously creating an account on the decentralized exchange.
*Finalize HEMPSWEET--->VALUE share drop with dash-hempsweet multi-sig account.
*Security audit OpenLedger/BlockTrade’s current UIA open.DASH/DASH pairing smart contract.

John:
*All podcasts Technology & Choice podcasts will carry an ad for the Dash as a sponsor with mention/explanation of the alliance as appropriate, and what it means for the hemp community.
*Will be attending Northern Colorado Hemp Expo, March 31 - April 1, in Loveland, CO. There I will be further networking with more industry people, getting more interviews, talking about HempSweet, Dash and the whole alliance (even if it is still just a possibility, rather than a done deal). I will, of course, be wearing whatever appropriate Dash swag I can acquire.
*Will arrange interviews on several other notable podcasts/radio shows which I know will be very interested in what is planned and how it is developing. Certain ones of these are early shoe-ins. As the scene expands, I’m confident we can arrange even larger, more “mainstream ones.”
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-1 point,8 months ago
Modified from Mary Poppins - A Spoonful Of Sugar Lyrics

In every job that must be done, there is an element of fun
You find the fun and snap, the job's a game
And every task you undertake becomes a piece of cake
A lark, a spree, it's very clear to see

That a spoonful of DASH helps the medicine go down
The medicine go down, the medicine go down
Just a spoonful of DASH helps the medicine go down
In a most delightful way

A DASH Core Dev feathering his nest has very little time to rest
While gathering his bits of code and crypto
Though quite intent in his pursuit, he has a merry tune to toot
He knows a song will move the job along

For a spoonful of DASH helps the medicine go down
The medicine go down, the medicine go down
Just a spoonful of sugar helps the medicine go down
In a most delightful way

The Master Nodes that fetch the nectar from the Blockchain to the Treasury
Never tire of ever buzzing to and fro because they take a little nip
And hence (And hence)
They find (They find)
Their task is not a grind

Ah, ah, ah!​
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-2 points,8 months ago
I have to vote no for several reasons:
- I think we aren't qualified to validate the legality of this use for our money.
- I think if governments want to attack crypto-currencies in the future this will bring us to the top of the list, because it gives them an excuse.
- We aren't here to invest cash into enterprises, especially when we can't really know exactly what it will be used for. Banks lend money, and the rules that they adhere to are long and complicated. We are not banks. Our spend is for marketing, and while some are seeing the marketing aspects of this, I think it looks more like an investment in a business.
- If they want to use Dash for their business dealings, fine, no problem, but thats different from asking us for cash investments.

I have nothing against Hemp or Marajuana, but I think we are money, for buying things, not businessmen investing in industries we know little about.
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0 points,8 months ago
Did you talk to the Biz-team or Ryan Taylor about this proposal ? What did they say?
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3 points,8 months ago
In the forums, I saw a post by Ryan Taylor. He believes that the risks are too high and that it is more efficient for us to integrate with existing markets instead of trying to fund the creation of new ones.
https://www.dash.org/forum/threads/hempsweet-decentralized-industrialization-alliance-proposal.13791/#post-119124
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1 point,8 months ago
I agree with Ryan Taylor's assessment of this proposal as indicated in the link you provided. Thanks.
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0 points,8 months ago
What markets beyond central exchanges (Banks), ATM's, law firms, and marketing are wanting to integrate with DASH?

Why would other markets have any incentive to adopt a new form of digital cash when their suppliers/producers/manufactures say "You will use USD or we will not do business with you."
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0 points,8 months ago
John met with Ryan and he has made comments, but keep in mind his opinion is based on a verbal discussion and not after review of any supporting documentation.

Here is John's response: https://www.dash.org/forum/threads/hempsweet-decentralized-industrialization-alliance-proposal.13791/#post-119197
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0 points,8 months ago
I have gone through the Dash Budget Proposal and successfully submitted at proposal.dash.org the problem is there was no instruction or place to put the proposal text? Is there a way to edit this?
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0 points,8 months ago
you need to claim the proposal through the gobject signature. Here is a tutorial from the dash wiki.
https://dashpay.atlassian.net/wiki/display/DOC/Masternode+Budget+API
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0 points,8 months ago
Awesome, thank you for the help.
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