Proposal “DashTextContinuedDevelopmentMarchApril“ (Active)Back

Title:Dash Text Continued Development March - April - Dash Text Kiosk Development! BUY DASH WITH DEBIT CARD - 7000+ Wallets - Service in Mexico and Canada - Taurus Integration, Dash Retail Integration and more!
Owner:DashText
Monthly amount: 53 DASH (5038 USD)
Completed payments: no payments occurred yet (2 month remaining)
Payment start/end: 2020-02-14 / 2020-04-13 (added on 2020-02-06)
Final voting deadline: in 17 hours
Votes: 533 Yes / 176 No / 15 Abstain
Will be funded: No. This proposal needs additional 107 Yes votes to become funded.
Manually vote on this proposal (DashCore - Tools - Debugconsole):
gobject vote-many d4f6be2dff127888135adb0ddbab114e23ffd3473e1966608f268f5f2cd9aff4 funding yes

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Proposal description

https://i.imgur.com/NRZYPmVl.png

UPDATES:

-DASH TEXT KIOSK - BUY DASH SEAMLESSLY WITH DEBIT/CREDIT
-NEW FEATURE -Dash Text Invitation: The first step into Dash

-Paying with Dash Text at Burger King!

-Users paying with Dash Text in Merida Venezuela!

-Integration on the Cryptobuyer POS system, people can now pay with Dash Text in many stores including big chains like Rori, Traki, farmarato and more!

-Dash Text new ONE LETTER commands! Use Dash Text as fast as possible with the brand new one letter commands!

-PREVIEW: Introducing Dash Text Kiosk! Buy Dash with Debit/Credit seamlessly 


-Cryptoway adds Chainlocks Support Thanks to Dash Text!

https://i.imgur.com/5SfESJvl.jpg


  • What does this specific proposal fund?

This proposal funds Dash Text’s ongoing costs - including all developers, administrative staff, business development, providers, and other costs.


  • Deliverables of this proposal:
  -Developing the Dash Text Kiosk, the easiest way to buy Dash with debit card.
  -Increase Our Tx numbers back to about 1000 Tx per month organically
  -Activating the service in Mexico and Canada.
  -Delivering Integrations with Taurus in Mexico to enable remittance sending with a 11000 ATM network.
   -Transaction visualizer page maintenance and improvements, live at stats.dashtext.io
   

  • Cost Breakdown:
Budget requested per month (DASH Rate = 120 USD/DASH)

Team Compensation and Development Costs:   4500 USD ------- 37.5 Dash
Service Providers and other expenses:                 1560 USD -------  13 Dash
Proposal fee refund:                                                                             2.5 Dash

Total cost per month:                                                    6300 USD -------   53 Dash

Show full description ...

Discussion: Should we fund this proposal?

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1 point,7 hours ago
Yes from me.
Reply
1 point,5 hours ago
Thanks for your support qwizzie!
Reply
1 point,8 days ago
Another firm YES! from me. Dash Text has become una parte imprescindible (an essential part) of our growth strategy in Venezuela. As many of you may or may not know, I am a student of the LIQUIDITY theory of mass-adoption. In other words, in order for us to win the cryptocurrency race and become the number #1 payments coin in the globe, we must reach the critical mass of user-owned liquidity required to break out and reach "ignition" - the state of self-sustaining growth and adoption. We have to pour the 'gas' into the T-tauri star until it ignites into a main-sequence star and shines brightly like the sun does. That 'gas' is Dash liquidity, it must be tightly concentrated until fusion occurs and ignition commences.

This means we have to get Dash in the very same hands of the people who will use it. This must be done cheaply and efficiently. If they have to climb a mountain and cross a river to get it, we're not doing our jobs right. We thus need to vote to spread as MUCH DASH AS POSSIBLE as quickly as possible to as many people as possible. All while deftly avoiding fraud and malicious behavior. Its a tough call, but together we can make it!

We may not achieve global dominance, but to get some large, sustainable success and growth would also be fine, so we shoot for the maximum possible outcome. We're already seeing this with the burgeoning ecosystem that DashText is a part of in Venezuela. Together, they work with teams like Dash Mall and Parking, and other local Dash communities to spread the one of the only Dash-SMS services in the globe (Dash via cointext is only avialable in US and Canada)! Having multiple teams in different countries spreading different services is the holy-grail of cryptocurrency adoption, and expanding into Mexico is a lofty and worthy goal of our support.

REMEMBER what the point of having the block rewards and inflation in cryptocurrency is! There is only ONE REASON for inflation in cryptocurrencies: to distribute new coins to as many people as possible, in the fairest way possible. Fairness here refers to equality of opportunity, not outcomes. Everyone has a chance to mine. Everyone had a chance to get in early. Few took it and the results of that are OK. But we need MORE THAN THAT! Cryptocurrencies are not here just to make the few financially independent, but EVERYONE!

So there exists inflation in the system to make sure that the coin is well-distributed to many hands. This is actually cruicially important, and many coins get this completely wrong. This is why they don't see adoption, their incentives are all misaligned. When your coin is centralized in few hands, there's little incentive for new entrants into the market. Why should they come and grow your coin when they're really only paying to support your bags? So Satoshi put inflation in the equation, so that the most people possible would be able to get coins as quickly as possible.

The problem with that is, its still too slow! Dash has the advantage here! We must act to use it while our competition is still blinded to the fact that they're incapable of any sort of directed community growth. FOR YEARS, our core development team has been WELL-FUNDED. We're talking about at least 2 dozen people working on the protocol in a decentralized, yet directed fashion. r/btc and Bitcoin Cash are arguing about how to even begin funding their development!

Yet we must assume that miners are rational actors, not interested in being ideologues going down with the ship. They chase profits to stay alive. This is in their best interests. The point is this: Dash is the only major coin that fully incentivizes ALL PARTICIPANTS in its community in a decentralized, trustless manner! We're currently paying out nearly $700,000 every month to decentralized, formerly grassroots efforts to spread adoption all over the world. This is a HUGE ADVANTAGE. In r/btc, *right now*, they're trying to desperately figure a way how to overcome their lack of ability to do exactly what we do here every month.

So the only thing we have to worry about, the only mistake we have to watch out to not make is SQUANDERING this opportunity. This will be the goal of our detractors: to get us to spend the most money on the least effective proposals so that they can catch up to us somehow. We have a community in Venezuela like no other coin. Its so bad they've taken to deliberately lying and saying our Dash community in Venezuela doesn't even exist! Let's prove to them that they do. Let's fund all the teams that are working for adoption for us in Venezuela, and throughout the world. We've kicked out the scammers, let's pay the people with the passion and drive to carry out the will of the MNOs in Venezuela, vote YES! for DashText!
Reply
2 points,7 days ago
Hello therealDashman21, we really appreciate your comment of support in our proposal, and we want to thank you for taking the time to write it, we can see that you've been following our work and know what you're talking about, how much effort we have put into building the ecosystem in Venezuela and the rest of the world, and how we have helped and worked with basically every Dash team both in Venezuela and abroad in order to get Dash established.

We fully share the opinion that Dash is the superior digital asset in the world, with a protocol that has the best incentive structure out there, allowing people with great ideas for Dash to get paid for making those ideas a reality and expand the reach of Dash around the world. We are working hard at this, and we're heavily investing our efforts into building solutions that not only broaden the access to Dash, but that also incentivize people to BUY Dash. As the price of Dash goes up, the network has more ability to fund great projects, and we are hopeful that this is going to be a great year for Dash, both in terms of price, protocol development and great teams from multiple countries working together for our common goal, which is growing economic freedom around the world with the best form of Digital Cash there is.

Thanks again for your support,
Dash Text Team
Reply
3 points,6 days ago
Thank you for your kind words and for all the work you do for the network. It is a pleasure to work with you to spread Dash adoption in Venezuela and all over the world. Keep up the good work!
Reply
-1 point,11 days ago
If the MNO are that bored they seem to wanna trust a DFO who cant do their own due diligence and then go on to refer text from a third party country which has no control over domestic affairs, in Canada

Its appalling that they even receive a single duff

Wakeup guys.
Reply
0 points,2 days ago
@Realmrhack here is a quote from the proposal owners- in fact their first message in this proposal:

"We would love to know what are these new regulatory changes you are mentioning, could you point us to some sources?"

You did not provide any answer to this question. Why was that when you know what the changes in Canada are? You could have helped this team. Instead you chose to cut down the proposal owner and offer no information. I find your series of comments in this proposal an unusual response based on the calls we had you came across to me as a most reasonable person. Don't you think it is better if we can support proposal owners? Or do you think that DashText is completely of no value to the network and you just want to burn the project. If that is the case then could you at least give your feedback why you feel DashText service is not of value to DASH in your opinion instead of focusing on legal issues that you know this team do not have resources to. Unless, of course you would like to pay for a lawyer to do the work and they can ask for more money to make sure to do the checks you say properly.
Reply
0 points,1 day ago
@deepblue

1) they are getting paid for a series of tasks its imperative they conduct some basic research
2) ash pointed out the legality of it, soon after
3) im sick of every PO just getting up asking for funds without doing any basic research,
4) by us 'supporting' them we in essence condoning poor research
5) some basic searches would have netted you results, do not need a lawyer the various gov agencies did publish notices etc

DeepBlue: ask yourself this question in Ernest, do you think Canadians dont have smart phones? Being one of the most developed nations in the world?

The fact of the matter is much easier to download the wallet app for a Canadian then fiddle around with a silly custodial service (via text) when infact the Gov of Canadas position against custodial based services.

Thank you
Reply
0 points,38 minutes ago
@Realmrhack, I agree that POs need to do more research however I also think that MNOs that know things that can help long standing POs, such as DashText, could take a few minutes to share the information they have, like Ash did. Working together we are stronger.

I think it is very important that all POs know what the law is in the region they are working. However, this requires the services of a qualified lawyer to advise in my experience. It is not enough to read research online. In my opinion if an MNO knows information that can help and can easily point them in the right direction we have a responsibility to do that. Isn't that part of our role as an MNO? Not just to vote, but to actually contribute positively when we can, to assist project owners and make sure they go in the right direction?

I totally believe Canadians have smartphones. But I don't think that is the use case for DashText. But before I answer your question on this I think it is important for us first to determine who is the most likely users of DASH Text. Therefore let me ask you a different question to determine how much you know about the demographics of people using crypto in a real-use case in a first world country like USA and therefore who would find DashText service of value over a smartphone user. I think it is reasonable to expect that Canada will be similar to the USA as a first world nation?

Therefore can you give the % demographic breakdown of typical Bitcoin ATM in the USA for each of the following types of user:

1. What % of the Bitcoin ATM users are non Caucasian?
2. What % do not have a bank account?
3. What % are female?
4. What are the primary use cases for users of a Bitcoin ATM in the USA?

Once you post your reply I will send you a source of information for the USA for all of the above.
Reply
2 points,22 hours ago
Even though the initial idea for Dash Text was for people without smartphones, we have found that people with smartphones love to use it too. The reasons are simple, Dash Text is one text away, downloading the mobile app takes time, space in your phone, requires you to write down the 12 word seed phrase and it also has to sync, that's a lot of steps if you want to show a friend Dash for the first time.

If you want to show Dash to someone for the first time, the easiest thing you can do is send them a Dash Text invitation, hence our motto "The first step into Dash".

Also, people from North America are very used to texting, the rest of the world with smartphones have migrated to messaging apps like WhatsApp or Telegram, but in north America most people still use SMS every day, it is super natural and that's why the USA is the second after Venezuela in Dash Text use.

That's why we want to service Canada too, circumstances are similar to the US in terms of SMS usage and a lot of people have asked us to enable the functionality via SMS there.

There are similar services like cointext for BCH who are currently active in Canada and have shown no signs of shutting it down or adding KYC. We'll continue to investigate if these new regulations would really apply to a text based wallet like Dash Text in the future, however Canadian users are already able to use Dash Text via Telegram and will continue to be able to use it like that if there are any problems with the SMS service there in the future.

We appreciate all the feedback we receive and will continue to work to improve all aspects of the service in the future.

Thanks,
Jose
Reply
-2 points,7 hours ago
Jose,

So your response is basically, hey if other service providers havent done so than you don't need to aswell,

Then i guess the inevitable is that you will get shutdown in Canada and I will come back right here on DC and say told ya.


Good luck
Reply
-5 points,14 days ago
If your quoting wikipedia, then we also must agree that you havent done your homework/due diligence

And if the rest of the MNO fail to see this aswell or research it then, its well deserved as a poor investment

Thanks
Reply
2 points,13 days ago
It is not from wikipedia, it is from the Library of Congress site, source:

https://www.loc.gov/law/help/cryptocurrency/canada.php

We haven't found anything that would directly affect Dash Text basic functionality in Canada.
Reply
-4 points,12 days ago
What does USA congress have to do with Canada?
Reply
-1 point,13 days ago
From June 1st new regulation comes into place requiring all exchanges and custodial services that serve Canadians to be reporting entities for ATF and AML purposes. Essentially this means you'd be unable to operate your services in Canada, outside of doing kyc.
Reply
0 points,13 days ago
Here's an article for more insight:
http://www.mondaq.com/canada/x/881170/fin+tech/Changes+To+Canadian+Cryptocurrency+Regulations
Reply
1 point,2 days ago
@AshFrancis thanks for giving this proposal owners the information they need to know. I'm surprised that @RealMrHack did not do this when he knows there are up and coming changes to the regulations in Canada but offered no information to this proposal owner to point them in the right direction.
Reply
-2 points,16 days ago
Can you please elaborate what services if any will be provisioned in Canada?

Due to new regulatory changes there might be some hindrance to it

Thanks
Reply
2 points,16 days ago
Hello Realmrhack! We hope to allow users in Canada basic Dash Text wallet services like sending and receiving Dash, checking their wallet balance, and checking the price of Dash.

We would love to know what are these new regulatory changes you are mentioning, could you point us to some sources?

Here's an excerpt from "Legality of Cryptocurrencies" in Canada, according to which, there should be no problem with Dash Text:

Canada allows the use of cryptocurrencies. According to the Government of Canada webpage on digital currencies, “you can use digital currencies to buy goods and services on the Internet and in stores that accept digital currencies. You may also buy and sell digital currency on open exchanges, called digital currency or cryptocurrency exchanges.”

Thanks in advance!
Jose
Reply