Proposal “Dash-uptake-by-UK-businesses“ (Active)Back

Title:Dash uptake by UK businesses
Owner:CaptAhab
Monthly amount: 53 DASH (19599 USD)
Completed payments: 2 totaling in 106 DASH (4 month remaining)
Payment start/end: 2018-02-17 / 2018-08-15 (added on 2018-02-21)
Votes: 789 Yes / 227 No / 18 Abstain
Will be funded: Yes
Manually vote on this proposal (DashCore - Tools - Debugconsole):
gobject vote-many 71eaaf6874456b25a30bf20a5768ec91bdbd52e20963176767b78ef0dc71c5fa funding yes

Please login or create a new DashCentral account for comfortable one button voting!

Proposal description

Our proposal in one diagram, full details can be found here
https://docs.google.com/drawings/d/sTScSFX4N3Ak6iEkeWb7Ang/image?w=777&h=574&rev=909&ac=1



Please see our
video Stuart, Victoria and Paul - Dashable team members - talk about Dash uptake by UK businesses



Dash uptake by UK businesses will build on the success and outcomes from our previous funded project.  We will support integration of the interested merchants from our first project, continue promoting Dash to the gold and jewellery business sector in the UK, address issues raised by that sector in the survey and roll out the original project to a new sector in the UK.  Lessons learned from that project are at Annex A of the proposal, and will be taken into account with the roll out.  Moving forward we will refer to our team and work as Dashable.

Dash Uptake by UK businesses is Dashable’s umbrella project and will be subject to further individual funding proposals as we firm up the way ahead and have agreements with key players in the sectors we are working with.  This approach enables us to properly engage and work up proposals and provides assurance to Masternodes that we can deliver what we say, as we will already have agreements in place with third parties, ahead of submitting costed proposals.  Engaging with these business sectors takes dedicated time and liaison with people at all levels of organisations.  It is important this part of the process is not rushed.  We have indicated in the project proposal where further proposals may be submitted.

Our first project “Understanding the barriers to adoption of Dash by UK businesses and merchants in the Gold and Jewellery Sector” is complete and the report is available here.  All milestones and measures of success were met - with an increased awareness of Dash within this business community and its Trade Association, an understanding of the barriers to adoption of Dash by this sector and an identified group of existing businesses from our integration studies who are interested in becoming Dash merchants.    

But simply understanding and trying to remove the barriers is not enough, it is clear from our first project that we need to incentivise adoption. Facilitating the use of Dash for significant transactions in the UK, means working within first world economy constraints and planned legislation.  Businesses with significant turnover have pre-existing and pressing priorities and integrating Dash is rarely one of these.  To achieve uptake by established merchants, we need to incentivise early adoption.

See full proposal here https://goo.gl/YKwGtj

We are excited to be taking this work forward in the UK and hope you will support the proposal - any questions please do get in touch.

Best

CaptAhab

Show full description ...

Discussion: Should we fund this proposal?

Submit comment
 
0 points,3 hours ago
May 2018 Update

May 2018 progress highlights from Dash Uptake by UK Business - detailed report on progress (4-5 min read) see here https://goo.gl/mMrREY

- DashBack pilot scheme and documentation prepared and shared with Dash community for comment ahead of issuing to participating merchants on 24 May. DashBack to launch 14 June

- Dash4Business website prepared - for launch in June

- Work commenced with new sector;

- sponsorship of Future Payments Panel at British Independent Retailers Association (bira) annual conference on 10 May

- survey of bira delegates issued on 14 May
Reply
0 points,3 days ago
Work is on track with the project and going well. Full update will be posted early next week.

In the meantime we wanted to share the draft documentation on the DashBack pilot ahead of sharing with participating merchants next week. This also includes a risk document we have prepared for Dash colleagues

Any comments/ideas please let me know by 22 May. We plan to launch DashBack on 14 June.

We look forward to launching the scheme and getting some traction on dash sales going in this pilot.

Details of DashBack scheme can be seen here; https://goo.gl/uZ6x8d

An analysis of the options and risks we considered can be found here: https://goo.gl/UR5cUo
Reply
0 points,24 days ago
Dash Watch April 21st 2018 Report on
Dash uptake by UK businesses by CaptAhab
https://dashwatch.org/files/1524868685080.pdf
Reply
1 point,27 days ago
April 2018 Update

April 2018 progress highlights from Dash Uptake by UK Business - detailed report on progress (4-5 min read) https://goo.gl/zp8yg9

· First jeweller integration from the project launched - now accepting Dash.

· Guide on how to set up Dash shop with Wordpress,WooCommerce, GoUrl, Uphold produced.

· Practical paper on issues to consider ahead of trading in Dash produced.

· Three merchants signed up to "Dashback" trial to start in May. Dashback - Making it cheaper to buy in Dash.

· Article published in The Jeweller Magazine.

· Working with National Association of Jewellers on AML and continued promotion.

· Work with new target sector commenced - independent retailers, through British British Independent Retailers Association (Bira). Survey going out to companies and Future Payment Panel sponsored at Bira annual conference.

· Budget and milestones update.
Reply
0 points,1 month ago
Guys we have done month one unfunded, made progress and are ready to go for Month Two - we trust we have the community support to get the funding we need to progress. We have work lined up with Trade Associations and Dash needs to be seen in the UK. We are in the final stages of integrating our first jeweller in the UK. This means proper integration - not just saying they will trade in Dash
Reply
0 points,2 months ago
Hi please take a look at our March 2018 update - https://www.dash.org/forum/threads/dash-uptake-by-uk-businesses-update.32467/
All the best
CaptAhab
Reply
1 point,2 months ago
Very neat proposal. Can you tell if there are merchants with genuine interest in adoption or do you believe it will take pushing?
Reply
0 points,2 months ago
Thanks for the question, it’s a good one.

Our first project surveyed companies to find out the answer. There are definitely merchants with genuine interest, and it definitely needs pushing.

It is of course far easier to promise adoption than it is to deliver it. Our experience of signing up merchants is seemingly far harder than some others appear to have found it.

We are progressing with the three more robust and ready expressions of interest, and hope two turn into reality shortly. When we mean real, we mean a merchant set up to accept Dash, with all the requirements to trade in place, and crucially actually expecting to accept transactions in Dash. The measure of success will be people actually buying from the merchants in Dash, not just signing up to it.

Interestingly, from my experience many merchants that “accept Bitcoin” have never done a sale with it.

Our survey of jewellers showed there are no fundamental issues that will STOP adoption, that there is interest in the technology, but that there is caution around the perception of crypto that needs to be overcome, particularly around AML. Companies, even the biggest, are interested BUT will not move to adoption until these worries are overcome. Our project aims to start addressing these issues. (To see the survey results click here.)

Frankly this is a good result, as it means there is an open door. But it doesn’t mean they are going to adopt Dash without dedicated effort. Properly becoming a Dash merchant costs the merchant time and money. At the moment there are also regulatory and accounting uncertainties in the UK that any company of size is going to want to see resolved before they could consider even making a decision whether to adopt Dash or not.

We need to continue to get Dash known, to overcome the perceptual problems, sort out AML concerns, so when the results of Evolution deliver we can progress adoption to a more receptive audience. So we need to continue to educate the sector, and we need a few first movers to adopt the currency and make a lot of sales in it, to become evangelists. We have others merchants who stand ready to talk with Dash once we have progressed the follow up work to the survey.

The key is to galvanise the interest in Dash which we have generated and publicise the merchant case studies we work with to interest others. And we need early adopters in order to help make Dash the go-to crypto of choice.

We are also scoping the Circulation of Dash model which will address some of the hesitance of merchants in being the first mover. And we are incentivising customers with our “Dashback” scheme.

We will be progressing work with ISVs and POS systems, though again our experience has been more challenging than others seem to have found it. We have had discussions but not yet found the open door, but are working on it!

Whilst posting photos of “Dash accepted here” signs and people in Dash T-Shirts outside businesses may demonstrate activity, it isn’t evidence of adoption. A merchant agreeing to use Dash is only the beginning of the journey, and marks the point when the real work begins. Successful adoption means a sustained volume of sales in Dash for the merchant. Our measures of success need to be evidence based informed by the merchant experience, and we think as a proposal owner we should be using for example transactions on the blockchain as evidence. To succeed, Dash needs merchants to make money and increase their business’s sales, and reduce their costs by using Dash. That for us is the real measure of adoption we are aiming for.

I bought Darkcoin in Spring 2014 and I am as committed to make Dash a success now as I ever was . But in the real world, the road to mass adoption of Dash is going to be a long and hard one. With your continued support, I think we are taking the first successful steps of that journey.
Reply
0 points,2 months ago
Sorry link in above not working

https://drive.google.com/file/d/1XaQ7TJwDtA-8lqwGkwd8qZXMGIuihBgx/view
Reply
1 point,2 months ago
Pleased to confirm that our project passed in the Feb proposal round. Sadly not enough money to fund the first month but it is rolling forward for the rest of the project.

We are grateful for the support we received. We know our report and proposal are detailed documents that some won’t want to read - do take a look at our video and diagram which set out the main points.

We will be taking forward work this month (albeit without funding for the start) and will aim to achieve the outcomes over the remaining duration of the project. We will keep you posted on progress and please do comment on our project if you have issues you would like us to consider
Reply
1 point,2 months ago
Thank you for your votes and comments on our proposals. This is proving to be a roller coaster ride - we hope we can secure some more positive votes on our proposal in the final stages of the voting!
Reply
0 points,2 months ago
Gonna vote yes on this proposal for the same reason others have stated below. Good luck! (Hopefully it passes).

Walter
Reply
0 points,2 months ago
Extracted diagram showing project plan posted in proposal description above (extracted from our full project proposal) in case you want a quick overview

Cheers

CaptAhab
Reply
0 points,2 months ago
Not much more that I can say other than, yes. It would be nice to be able to buy coffee, groceries etc. with Dash. But convincing large coffee chains would be difficult and the independents may feel a little disheartened when you mention that their product is worth 0.005 Dash (today). The UK jewellery industry is a big part of the UK economy and on the side of the independents, retailers are run by people that are very responsive to change as luxury goods are a tough sector and it's change or die. It's a yes from me. Good luck!
Reply
0 points,2 months ago
Thanks for your support
Reply
1 point,2 months ago
You have my support. Thank you for your proposal.
Reply
0 points,2 months ago
Many thanks, for your support.
Reply
0 points,2 months ago
MNO Australia.
Dash used as currency in the UK. Voting YES.
Would prefer more high flow businesses rather than jewellery. You are setting foundations for successful retail adoption.
Reply
0 points,2 months ago
Yes, we'd also like to buy high-flow stuff with our Dash. So far I've not been able to buy a coffee in London this way. Still trying.

I think one key to this is the availability of fully-integrated Point-of-Sale solutions that won't cause additional queuing. This can happen when PoS vendors integrate Dash payment within the solutions that retailers already own. Brand new solutions will of course take much longer to penetrate established retailing.
Reply
0 points,2 months ago
Thanks very much for your vote. ScottStriker has raised a similar point - hopefully our reply below explains our rationale
Reply
0 points,2 months ago
Looks to be passing. Thank you :-)
Reply
-1 point,2 months ago
I appreciate the market research that you've done, it was professional and complete. is the jewelry market an initial market where DASH will be widely accepted? I just don't see it. removing friction points at large volume POS locations is where a MN owner will see the greatest monthly returns. good work I just wish you had targeted coffee shops or gas stations or a type of business that services repeat clientele throughout the year.
Reply
0 points,2 months ago
Thank you for your comments on our project, this is an important discussion. Thanks for raising it.

For a currency to be viable you need customers who want to buy and merchants who want to sell. Many projects are working on consumer adoption - all good work in progress.

When speaking to merchants we confirmed that they think about who their additional customers will be when they accept Dash. Merchant perception of the current profile of potential customers is that customers with Dash to spend are relatively few in number but high in wealth.

With this profile the volume of sales is likely to be low so, to be worth a merchant’s initial investment, they need to be high in value. This is why the luxury markets are so appealing at this stage.

Merchants also worry about how quickly a transaction can be performed. Hence we are not focussing, for the moment, on such sectors as fast food and commodity essentials.

We are intending to continue work within Jewellery and look outside to sectors that fit these criteria.
Reply
3 points,2 months ago
I was a huge fan or your first proposal, it was well thought out and well executed. This sees you remaining true to form. I sincerely hope you get the funding you need.
Reply
0 points,2 months ago
Let's hope we make it, many thanks for your support.
Reply
0 points,2 months ago
Thank you for your support for our project

We hope through our proposal and video we have set out our plans which are informed by our first project

Our report highlights insights into attitudes that we are sure will be helpful to many other project owners and it is really pleasing to see it is already helping others in the community

Fingers crossed for increases in our yes votes over the next few days. It is a stressful process!

We have a clear plan on next steps and are keen to get going.
Reply
3 points,2 months ago
Dear CaptAhab,

thank you very much for your proposal. I will gladly vote yes. Your research from your previous proposal was very insightful for me and helped me relate the troubles which German vendors have. I'm looking forward to seeing the DASH Gold and Jewelery Cycle in action!

Best Regards from Germany

AnCapitol

@All:
I really don't get why this proposal hasn't been voted on so much. Did you guys read his Market research? No? Then do it now. The 25 Pages are really worth your time, if your interested in on boarding businesses in your area:
https://drive.google.com/file/d/1XaQ7TJwDtA-8lqwGkwd8qZXMGIuihBgx/view

Did you read the detailed 17 page proposal? Who else is trying to get a fully running DASH Cycle going? Please reconsider your NO votes. Real Business bring value to our network, not the nth Marketing scheme.
Reply
0 points,2 months ago
Thank you for voting to support my proposal.
Reply
-2 points,2 months ago
If you get 10% vote but dont get funding, remember to blame core.
Reply
2 points,2 months ago
I really hope this one passes. Your input is a great source of information. I actually liked it so much that I hope that other coins have not stolen your information.

I would have liked to have information displayed only to Dash-er (I know there not an available option for that right now right now).
Reply
1 point,2 months ago
Seems like there isnt much room for this..
Reply
0 points,2 months ago
Its certainly a lot closer than I would have liked.
Reply
1 point,2 months ago
On page 11 of the previous proposal, there is a bullet point under noticeable results that indicates, "Nobody felt cryptocurrencies would be popular with their existing customers."

Do you think this is more of a perception issue from the businesses themselves? Are they open to onboarding customers and recommending as payment at POS? Thank you.
Reply
0 points,2 months ago
My interpretation is that merchants are expecting customers to want to pay with Dash but are not sure when that will start happening. This is why the new proposal incorporates incentives for customers. Merchants are very familiar with discounts and loyalty programmes as a way to increase business so this should be effective.
Reply
0 points,2 months ago
I think it just reflects that no one has come in to their shops and asked for sales in Dash. Interestingly many respondents thought that accepting Dash would get them new customers, which I guess is the counter point, that accepting Dash means New customers.
Reply
0 points,2 months ago
Trying to embed our video with no luck. https://www.youtube.com/watch?v=e-vlRcYHM8c&feature=youtu.be
Reply
5 points,2 months ago
Encouraging research is very important. I think the team is dedicated, has clearly delivered and deserves more opportunity. Better than most sponsorships on offer..

On a lesser note, the reports need to easier reads.. Hard to read so much text. Voting yes..
Reply
0 points,2 months ago
It's a market research. You gotta expect a lot of reading ;)
But the Intel is really worth it's DASH.
Reply
4 points,2 months ago
Thank you for showing us the detailed outcome of your previous budget proposal “Understanding the barriers to adoption of Dash by UK businesses and merchants in the Gold and Jewellery Sector”.

This new budget proposal seems to be a good way of tackling the issues that came to the surface and i have hope this approach will indeed lead to more merchants integrating Dash into their buisinesses.

You have my support, good luck.
Reply
0 points,2 months ago
Thanks Qwizzie
Reply
2 points,2 months ago
This is a well thought out plan and they have clearly learned from their previous work. I like that they are looking at the entire supply chain within the jewelry / pawnbroker ecosystem.

When voting for this, please also consider that the United Kingdom is one of the big three marketing pushes / experiments that Core is pursuing; Spain, United Kingdom, and Venezuela. As such, proposals like this deserve special consideration.
Reply
1 point,2 months ago
Very good documentation on the findings from the previous proposal. Good action plan for this one. Yes from me.
Reply
1 point,2 months ago
I enjoyed your previous proposal it's final report. I won't fault you for no escrow here.
Reply
0 points,2 months ago
Keep up the good work!
Reply
0 points,2 months ago
@realmrhack full report on last project here https://drive.google.com/file/d/1XaQ7TJwDtA-8lqwGkwd8qZXMGIuihBgx/view
Reply
0 points,2 months ago
there is a discussion on the pre proposal thread at Dash.org here https://www.dash.org/forum/threads/dash-uptake-by-uk-businesses.29159/ and I am on discord as CaptAhab . Thanks
Reply
-1 point,2 months ago
Could you explain what the ROI for Dash of this initiative could be?
So that people can see it more clearly.
I think it's a little fuzzy.
Thank you.
Reply
1 point,2 months ago
Thanks for the question.

Our project is not entirely measurable by financial input and outputs. Much of our work is preparing the ground for Dash through promotion which in the long term will result in adoption but not necessarily in the time frame of the project.

But asking the question “what do we get for 316 Dash” is an important one for us to answer and not one to be ducked.

This is a fundamental project for Dash, because if Dash is to be adopted, as a currency, the businesses we are talking to have to adopt it, and be happy to do so.

The sector is probably more conservative than most, and not that impacted by online sales and technology. But is very important to the consumer as a solid way for them to exit crypto with a tangible asset, in some gold or jewellery. These companies are not the low hanging fruit, in Dash adoption terms, and that is good because it allows us to get to the pinch points on adoption faster and get to work on these earlier.

The potential ROI is huge. If one outcome of this project, that the Trade Association incorporates Dash transactions into its best practice codes, then the ROI is vast. Because it not being covered was a huge deal for merchants we surveyed, that would have stopped merchants venturing into Dash almost 100%. So by opening that door, it has an ROI of all the potential future transactions in the sector in crypto! Let's be conservative and say in a few years, 0.1% sales are in Dash, then the ROI on this project’s 316 Dash, is 0.1% of £7.5Bn (Turnover of the sector) per year, year after year.

At a more basic level, if after this project the sector has an increased awareness of Dash as a currency, some merchant adoption and a potential sign up of an ISV then that is a huge win. Because as cryptocurrencies mainstream in the months and years to come, it will be Dash this sector naturally goes to.
Reply
-2 points,2 months ago
Why no escrow?
Reply
2 points,2 months ago
You are a drag on dash, passing similar comments on every proposal. Nobody cares for your vote anymore. I see little by way of constructive criticism from you. Disappointing..
Reply
4 points,2 months ago
I agree. Dashed: we don't need to add bureacracy and centralization to every single proposal. Escrow fits for some, but not all proposals.
Reply
-1 point,2 months ago
Nobody is saying that we should, idiot. What part of “why no escrow” are you mistaking for “we should add bureocracy and centralization to every single proposal”? Moron
Reply
-1 point,2 months ago
As if wether you care or not was of any importance. You’re not even a MNO kid. I want to see all high value proposals escrowed, if you don’t then vote as you wish once you get a masternode.
Reply
5 points,2 months ago
You like to ask every proposal owner this same question regardless of looking at their specific case. How about this: this is Stuart's 3rd proposal. He's earned the right to receive his own Dash. He's earned that simple level of trust, and without escrow he'll be able to move faster and more efficiently. (Getting an escrow deal isn't some instant process, either.)

Escrow leads to centralization. Let's try to keep this system as decentralized as possible. Core has enough work in dev, let's not burden them with the legal responsibility of centralization.
Reply
-4 points,2 months ago
Voting no due to no escrow amongst other things.You make too many assumptions, sherlock
Reply
2 points,2 months ago
Hi

There isn't really a reason for us not applying escrow - we just didn't and don't really see the need. We have a proven track record on delivering and are experienced at budget management throughout out careers.

I trust our updates and reports demonstrate our professional approach and our commitment to taking this work forward in the UK with a sector we have started to develop positive inroads into with Dash.

This is an important project that needs to be taken forward in the UK - without some dedicated focus on Dash in this sector and a roll out to a new sector we really do worry Dash would be missing a good opportunity we have prepared the ground for.

Sorry you have decided to vote no. Thank you for your time considering it.
Reply
-2 points,2 months ago
Can you link to your updates and reports from other proposals?
Reply
1 point,2 months ago
No problem, they are listed on lots of forums, please see the reports in the following thread. https://www.dash.org/forum/threads/project-proposal-understanding-the-barriers-to-adoption-of-dash-by-uk-businesses-and-merchants.15770/
Reply
1 point,2 months ago
Dont waste people's time with your continuous drivel. If you can't find them on this page, you will never find them..
Reply
-2 points,3 months ago
Is there a pre proposal discussion also are you on discord?
Reply
-3 points,2 months ago
What happened with your previous proposal?.. please provide an update thank you.
Reply
3 points,2 months ago
please do try to read his full budget proposal before commenting like that

Link current full budget proposal : https://drive.google.com/file/d/1th5VfWIPxCycxlYMBtZXSWv5WejAabcQ/view
Link previous full budget proposal : https://drive.google.com/file/d/1XaQ7TJwDtA-8lqwGkwd8qZXMGIuihBgx/view
Reply
1 point,2 months ago
"Our first project “Understanding the barriers to adoption of Dash by UK businesses and merchants in the Gold
and Jewellery Sector” is complete and the report is available here (link to pdf). All milestones and measures of success were
met - with an increased awareness of Dash within this business community and its Trade Association, an
understanding of the barriers to adoption of Dash by this sector and an identified group of existing businesses from
our integration studies who are interested in becoming Dash merchants."
Reply