Proposal description
Dear MNOs, as you might know, Thailand is already no 2 globally in Dash transaction numbers and volume on Anypay!! Moreover, we have also accomplished many important strategic partnerships and projects for global Dash mass adoption (i.a. Winstantpay, Mobiletopup, Nodespwap) that require urgent funding to proceed and fully execute. Our team is at a critical point where we would have to stop operations without further funding.
Please take a look at what you will get and what we have done for Dash so far:
Here is what you will get:
The Dash Thailand team successfully built the infrastructure and ecosystem for Dash in Thailand since the last quarter of 2018. By growing our merchant network, strong community engagement, hosting regular events and intensive marketing activities, we have continuously increased Dash transaction numbers and volumes. In fact, the current ANYPAY charts i.e. give a good indication that Thailand has become a leader for real live Dash usage (see charts below).
The larger we grow and create attention in Thailand or international social media channels, the more local, regional and global stakeholders proactively engage with us - merchants, payment providers, booking platforms and so on. This shows us that we are on the right track and it helps Dash to grow locally and globally. In order to fuel the Dash ecosystem as a whole, we have also started to intensify our cooperation with other Dash teams around the world to built synergies and combine our efforts - together we are stronger and can grow to one Dash Nation.
For the upcoming quarter, we want to accelerate that growth by intensively focusing on further merchant adoption and strategic partnerships on the one hand and strong consumer activation on the other hand. Thailand remains our focus but with some great opportunities and our worldwide connections, it makes little sense to stop there.
“Team Thailand sets up businesses with a sustainable strategy of making real relationships with the local business owners and most importantly bringing returning customers to the business.
It is not enough to simply "activate a merchant" one time. The Anypay map clearly shows, if a business took a payment on the first day they are set up, but then has not taken a dash payment in 30+ or 90+ days. Do they really count as a dash accepting merchant? What is the likelihood that if someone visiting the area uses Discover Dash and walks in to a business without warning to spend Dash, how much success can they expect to have? In Thailand, you can see their business penetration is deep, not shallow. The businesses they activate are constantly green an yellow on the map, meaning Dash payments are happening there this week and this month. Can the same be said for other places?”
Derrick Freeman, ANYPAY
Source: https://charts.anypay.global/
RECENT ACTIVITIES
T
We have adjusted our sales, merchant adaptation and customer activation strategies based on the insights gained in the past months and intensified our focus on business development and strategic partnerships.
SALES AND ADOPTION
Our merchants have given us very positive feedback on our super easy setup process and Dash on-/off-ramp approach. We have also started emphasizing on strategic areas in Bangkok (e.g. JJ Market, one of the biggest weekend markets in the world or W Market, the place where many members of the Dash community in Bangkok are located around) and will propel our efforts in the coming quarter. Secondly, we started testing new sales approaches, namely a mailing marketing campaign for hospitality offers as well as shops listed on Thailand biggest food delivery service - Foodpanda. We have found out that rather than looking for crypto-enthusiastic stores (e.g. Bitcoin-accepting shops), merchants that use high fee online services such as Foodpanda or online payment solutions such as Line Pay tend to be more open to trying out Dash’s free payment solution. To strengthen this value proposition we offer these merchant free access to our Dash social media marketing channels, thus giving them access to crypto-enthusiastic customers. By doing that, we have created a great way of merchant - user interaction (e.g. exclusive restaurant promotions for Dash users).
The overall strategy behind our approach is to achieve short-, mid- and long-term strategic goals. We have realized, that the more exposure we are getting locally with small restaurants, hotels, and other merchants, the more inquiries we receive from bigger and global merchants and services. Therefore, our short-term door-to-door and mailing-based merchant onboarding is a fantastic and necessary basis to establish partnerships with bigger merchants and service providers – locally in Thailand, regionally in Asia and even globally. Of course, lead conversion takes more time, the bigger and formalized a company is.
BUSINESS DEVELOPMENT, INTERNAL AND STRATEGIC PARTNERSHIPS
Further building strategic partnerships and develop business opportunities for Dash is key for our team in the upcoming months. We are currently in talks with various merchants, exchanges, brokers and various payments providers around the world as well as large partners such as hospitality service providers.
With DTAC, Thailand's number 3 telecommunication provider and biggest accelerator house in Thailand we are starting a strategic partnership with Dash Thailand to consult and educate the companies in their acceleration program.
Our goal is to act local and global at the same time. With partnerships such as the global mobile top-up services we have onboarded recently, we want to help the efforts of DCG and other global Dash teams around the world. Our ongoing dialogue with these teams has already helped to improve sales approaches and identified common pains, such as integration issues, local needs for payment services or user activation.
Combined efforts, such as ANYPAY’s Dashback program or their additional Dash map helped to activate Dash users. We are currently working on further ideas with other teams, such as a platform for Dash paid local tour guides.
COMMUNITY BUILDING
In terms of community building, we have extended our community outreach from Bangkok to Chiang Mai in northern Thailand and to the east, to Pattaya, presenting Dash as a real-life payment option in the 3 largest cities of the country. Beyond that, we have established ourselves as well-known speakers and get regularly invited to present at big conferences, university, schools, and other industry events. With several community partnerships, we have managed to increase visibility for Dash without paying for expensive event sponsorship.
Our online community on Facebook, Telegram, LINE, Twitter and Reddit have grown organically and we are implementing marketing campaigns to increase the reach even further in the coming quarter.
BUDGET
We are slightly increasing our monthly budget by 8.5 % to 19,177 USD (239 DAS) to be able to grow our sales operations and support team as it’s needed to keep the quality in our established network.
Please see the link to the financials here
Dash Watch has reviewed our finances and reported the accuracy in the Dash Watch February report of our past proposal. Please find the link here
Please watch the latest Dash News podcast for more info about us and our approach here
We hope you like our ideas on growing Dash in Asia and around the world. We are happy for suggestions and to answer any questions. Please leave us your feedback.
Please take a look at what you will get and what we have done for Dash so far:
Here is what you will get:
- Partnership with Winstantpay that enable global on/off ramp Dash-Fiat, instant send and instant settlement for Dash transactions around the globe. The solution works similar to CoinPayments or Uphold but will allow more currencies, esp. in Asia where this did not exist. This is great news, since we can now offer merchants an instant all-in-one solution. It’s also the missing piece to connect international companies and services such as booking platforms, loyalty, KCY, etc). We expect 20k+ merchants in Asia due to partnerships with POS providers. We are focusing on executing this partnership to make it work all around the world as fast as possible. The contract with Winstantpay is signed and we need to execute the scope to reach the targets and golas.https://dashnews.org/this-week-in-dash-march-18th-march-23rd/
- Partnership with Korean payment service provider. Planning to integrate Dash on 200k crypto debit cards by q4/19 and 2mio debit cards by 2020. The deal is signed and we are now focusing on executing and support on the marketing side to drive users using Dash.
- Mobiletopup.com/ offering mobile top-ups payable in Dash in 145 countries and over 200 mobile providers. We are actively supporting Dash adaption increasing users on their platform which resulted in Dash being now their number 1 cryptocurrency in transaction volume and numbers. Try it out too!
We fully onboarded this international merchant and in the next step, we are now working with DCG and other teams to further incentivize user adoption for this solution. https://dashnews.org/mobile-topup-and-co-working-co-living-services-integrate-dash-in-thailand/ - Establishing MOU with international hotel booking platforms regarding Dash integrations (we disclose details asap)
- Establishing MOU with Asian POS System about Dash integrations (we disclose details asap)
- Establishing MOU with major Asian companies and e-commerce platforms on Dash integration (20+ merchants) (we disclose details asap)
- Establishing Integration and Marketing partnerships with various exchanges – BX, OKex, Bitkub, MBAex
- Ongoing events to drive Dash adoption in Thailand, constantly increasing transaction numbers and volume.
- Partnership with Coinmarketcap: We are in the process of setting up a marketing partnership that will allow Dash to publish a series of blog-posts on Coinmarketcap. Together with DCG we are just figuring out the topics and stories we would like to tell. We also want to share that achievement with Dash teams around the world, giving them a chance to tell their story of Dash adoption in various countries. This will enable Dash teams around the world to increase awareness!
- Initiated partnerships with other Dash teams (Core, Colombia, Venezuela, DACH) on Cryptoguides project – global travel guide and concierge service that is planned as add-on for Discover Dash
- Successfully established healthy merchant network. Dash Thailand is for many consecutive months globally the #2 in Dash transaction numbers and volume after the US over Anypay POS by denomination. See verified Anypay charts here: https://charts.anypay.global/
- Free Title Sponsor Partnership with Block Live Asia in Singapore! Dash will be title sponsor, mentioned in opening and closing of every day, have a keynote speech and can showcase Dash in exhibition area. In return and in partnership with DCG, Dash becomes a social media partner and our Dash Thailand Co-Founder Felix Mago is sharing the stage with Roger Ver to spread the word about Dash in Asia and beyond. This is a win-win partnership, we managed to get Dash a premium conference package without financial investment.
- Conference partnerships are important for connecting to stakeholder and growing the local Dash community. As most members of the community, we find them usually too expensive. This is why we have successfully established numerous free community and marketing partnerships with conferences. Without any investment from Dash! Our usual approach: we offer to integrate Dash as payment option for the tickets and help to promote in our local channels. In return, we want the Dash logo to be seen, a speaker slot and free tickets for our team. We presented Dash as speakers at the following conferences: 35C3 (world’s biggest hacker congress, 16k people), Coinadvice and Blockmountain (Dash community extension to Pattaya and Chiang Mai), Blockchain Summit, Secure Bangkok 2019, Supply Chain Forum and many other events at schools and universities.
- We have expanded our merchant network to strategic locations in Bangkok, such as Chatuchak-Weekend-Markt (one of the world’s largest weekend markets), and W market where many members of the Dash community are located.
- Partnership with Nodeswap (Masternode Crowd investment Platform - staking as a service). Register here: dash.nodeswap.io/register
- Onboarding first global Art dealer and currently planning first Art Dash crypto exhibition in April
- Dash user activation event with DCG and Digifinex (6th largest global exchanges) after the official partnership with DCG. Check out their platform and trade Dash here
- Variety of merchant and community engagement events (Eat and play - Restaurant and game shop co-event, Flyboard community session, Dash Body Awareness event, crypto-lunch, DJ Alle Farben in Mustache Bangkok, etc.)
- Talks with DTAC accelerator, one of Thailand’s largest telco-providers. Dash is becoming their education partner to help startups and connected companies to accept and process crypto-payments.
- Ongoing conversations with Thai regulators
The Dash Thailand team successfully built the infrastructure and ecosystem for Dash in Thailand since the last quarter of 2018. By growing our merchant network, strong community engagement, hosting regular events and intensive marketing activities, we have continuously increased Dash transaction numbers and volumes. In fact, the current ANYPAY charts i.e. give a good indication that Thailand has become a leader for real live Dash usage (see charts below).
The larger we grow and create attention in Thailand or international social media channels, the more local, regional and global stakeholders proactively engage with us - merchants, payment providers, booking platforms and so on. This shows us that we are on the right track and it helps Dash to grow locally and globally. In order to fuel the Dash ecosystem as a whole, we have also started to intensify our cooperation with other Dash teams around the world to built synergies and combine our efforts - together we are stronger and can grow to one Dash Nation.
For the upcoming quarter, we want to accelerate that growth by intensively focusing on further merchant adoption and strategic partnerships on the one hand and strong consumer activation on the other hand. Thailand remains our focus but with some great opportunities and our worldwide connections, it makes little sense to stop there.
“Team Thailand sets up businesses with a sustainable strategy of making real relationships with the local business owners and most importantly bringing returning customers to the business.
It is not enough to simply "activate a merchant" one time. The Anypay map clearly shows, if a business took a payment on the first day they are set up, but then has not taken a dash payment in 30+ or 90+ days. Do they really count as a dash accepting merchant? What is the likelihood that if someone visiting the area uses Discover Dash and walks in to a business without warning to spend Dash, how much success can they expect to have? In Thailand, you can see their business penetration is deep, not shallow. The businesses they activate are constantly green an yellow on the map, meaning Dash payments are happening there this week and this month. Can the same be said for other places?”
Derrick Freeman, ANYPAY
Source: https://charts.anypay.global/
RECENT ACTIVITIES
T
We have adjusted our sales, merchant adaptation and customer activation strategies based on the insights gained in the past months and intensified our focus on business development and strategic partnerships.
SALES AND ADOPTION
Our merchants have given us very positive feedback on our super easy setup process and Dash on-/off-ramp approach. We have also started emphasizing on strategic areas in Bangkok (e.g. JJ Market, one of the biggest weekend markets in the world or W Market, the place where many members of the Dash community in Bangkok are located around) and will propel our efforts in the coming quarter. Secondly, we started testing new sales approaches, namely a mailing marketing campaign for hospitality offers as well as shops listed on Thailand biggest food delivery service - Foodpanda. We have found out that rather than looking for crypto-enthusiastic stores (e.g. Bitcoin-accepting shops), merchants that use high fee online services such as Foodpanda or online payment solutions such as Line Pay tend to be more open to trying out Dash’s free payment solution. To strengthen this value proposition we offer these merchant free access to our Dash social media marketing channels, thus giving them access to crypto-enthusiastic customers. By doing that, we have created a great way of merchant - user interaction (e.g. exclusive restaurant promotions for Dash users).
The overall strategy behind our approach is to achieve short-, mid- and long-term strategic goals. We have realized, that the more exposure we are getting locally with small restaurants, hotels, and other merchants, the more inquiries we receive from bigger and global merchants and services. Therefore, our short-term door-to-door and mailing-based merchant onboarding is a fantastic and necessary basis to establish partnerships with bigger merchants and service providers – locally in Thailand, regionally in Asia and even globally. Of course, lead conversion takes more time, the bigger and formalized a company is.
BUSINESS DEVELOPMENT, INTERNAL AND STRATEGIC PARTNERSHIPS
Further building strategic partnerships and develop business opportunities for Dash is key for our team in the upcoming months. We are currently in talks with various merchants, exchanges, brokers and various payments providers around the world as well as large partners such as hospitality service providers.
With DTAC, Thailand's number 3 telecommunication provider and biggest accelerator house in Thailand we are starting a strategic partnership with Dash Thailand to consult and educate the companies in their acceleration program.
Our goal is to act local and global at the same time. With partnerships such as the global mobile top-up services we have onboarded recently, we want to help the efforts of DCG and other global Dash teams around the world. Our ongoing dialogue with these teams has already helped to improve sales approaches and identified common pains, such as integration issues, local needs for payment services or user activation.
Combined efforts, such as ANYPAY’s Dashback program or their additional Dash map helped to activate Dash users. We are currently working on further ideas with other teams, such as a platform for Dash paid local tour guides.
COMMUNITY BUILDING
In terms of community building, we have extended our community outreach from Bangkok to Chiang Mai in northern Thailand and to the east, to Pattaya, presenting Dash as a real-life payment option in the 3 largest cities of the country. Beyond that, we have established ourselves as well-known speakers and get regularly invited to present at big conferences, university, schools, and other industry events. With several community partnerships, we have managed to increase visibility for Dash without paying for expensive event sponsorship.
Our online community on Facebook, Telegram, LINE, Twitter and Reddit have grown organically and we are implementing marketing campaigns to increase the reach even further in the coming quarter.
BUDGET
We are slightly increasing our monthly budget by 8.5 % to 19,177 USD (239 DAS) to be able to grow our sales operations and support team as it’s needed to keep the quality in our established network.
Please see the link to the financials here
Dash Watch has reviewed our finances and reported the accuracy in the Dash Watch February report of our past proposal. Please find the link here
Please watch the latest Dash News podcast for more info about us and our approach here
We hope you like our ideas on growing Dash in Asia and around the world. We are happy for suggestions and to answer any questions. Please leave us your feedback.
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Discussion: Should we fund this proposal?
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Thanks again so much from the whole Dash Thailand team for your support and trust in us.
Excited and motivated to push Dash even further in Thailand and beyond.
Congrats also to the other proposals. Keep up the great work!
So many exciting things in the pipeline for Dash! Let’s do this guys!
Dash Thailand by DashEmbassyThailand
https://dashwatchbeta.org/r/MAY19/DashThailandAdoptionPartnershipsBusDev
https://youtu.be/4YDmrDKcmx4?t=2
With questions such as "Why do you believe Thailand is a good market for Dash adoption?", "Do you believe an embassy structure is the best and most cost-effective way to deliver Dash adoption successfully?" and "How many of the Dash transactions seen through the AnyPay POS in Thailand are organic customer payments?" This 1-hour interview also covers topics such as the partnerships with Winstantpay and Coinmarketcap, advice for other teams looking to develop Dash ecosystems, exchange integrations, expanding focus across Asia and why they are moving away from single merchant adoption to leveraged partnerships
Thanks a lot from the whole Dash Thailand team for your support and trust in us.
Excited and motivated to push Dash even further in Thailand and beyond.
Congrats also to the other proposals. Keep up the great work!
So many exciting things in the pipeline for Dash! Let’s do this guys!
https://www.reddit.com/r/dashpay/comments/bi7bk3/1_day_to_go_for_latest_dash_budget_cycle_please/
The clock is ticking.....17 hours. Let's get after it!
solarguy
Dash Embassy Thailand Q1 2019 proposal by DashEmbassyThailand
https://dashwatchbeta.org/r/APR19/DashThailand
https://www.dash.org/forum/threads/dash-embassy-thailand-updates-activities.40924/
Any feedback and comment is welcome!
Thanks a lot for trusting in us
your Dash Thailand team
I wish more community members would visit us here to see the work we do in Thailand.
Hope to see you soon again.
Your comment means a lot to us as a MNO who lives in Bangkok and sees every day our work and achievements! Thanks a lot.
Side note: Please refrain from exaggerating Dash related numbers (such as at clubs etc / or social media etc). I tend to lose trust when I see obvious inflated figures. Keep up the good work. Enjoyed the Dash podcast with you guys.
Dash Embassy Thailand Q1 2019 by DashEmbassyThailand
https://dashwatchbeta.org/r/MAR19/DashThailand
- Successfully established healthy merchant network. Dash Thailand is for many consecutive months globally the #2 in Dash transaction numbers and volume after the US over Anypay POS by denomination. See verified Anypay charts here: https://charts.anypay.global/
- Signed Partnership with Winstantpay that enable global on/off ramp Dash-Fiat, instant send and instant settlement for Dash transactions around the globe. The solution works similar to CoinPayments or Uphold but will allow more currencies, esp. in Asia where this did not exist. This is huge news, since we can now offer merchants an instant all-in-one solution. It’s also the missing piece to connect international companies and services such as booking platforms, loyalty, KCY, etc). We expect 20k+ merchants in Asia due to partnerships with POS providers. https://dashnews.org/winstantpay-integrates-dash-instantsend-solving-key-merchant-adoption-barrier/
- Onboarding Mobiletopup.com/ which offers mobile top-ups with Dash in 145 countries and over 200 mobile providers. We helped to get many happy Dash users on their platform. Dash is now their number 1 cryptocurrency in transaction volume and numbers. Try it out too! https://dashnews.org/mobile-topup-and-co-working-co-living-services-integrate-dash-in-thailand/
- Title Sponsor Partnership with Block Live Asia in Singapore! Dash will be title sponsor, mentioned in opening and closing of every day, have a keynote speech and can showcase Dash in exhibition area. In return and in partnership with DCG, Dash becomes a social media partner and our Dash Thailand Co-Founder Felix Mago is sharing the stage with Roger Ver to spread the word about Dash in Asia and beyond. This is a win-win partnership, we managed to get Dash a premium conference package without financial investment. https://blocklive.asia/
- Conference partnerships are important for connecting to stakeholder and growing the local Dash community. As most members of the community, we find them usually too expensive. This is why we have successfully established numerous free community and marketing partnerships with conferences. Without any investment from Dash! Our usual approach: we offer to integrate Dash as payment option for the tickets and help to promote in our local channels. In return, we want the Dash logo to be seen, a speaker slot and free tickets for our team. We presented Dash as speakers at the following conferences: 35C3 (world’s biggest hacker congress, 16k people), Coinadvice and Blockmountain (Dash community extension to Pattaya and Chiang Mai), Blockchain Summit, Secure Bangkok 2019, Supply Chain Forum and many other events at schools and universities.
- We have expanded our merchant network to strategic locations in Bangkok, such as Chatuchak-Weekend-Markt (one of the world’s largest weekend markets), and W market where many members of the Dash community are located. https://u.today/dash-makes-foray-into-one-of-worlds-largest-outdoor-markets
- Partnership with Nodeswap (Masternode Crowd investment Platform - staking as a service). https://dashnews.org/nodeswap-and-node40-enter-strategic-alliance-to-enhance-dash-equability/ Register here: dash.nodeswap.io/register
- Onboarding first global Art dealer and currently planning first Art Dash crypto exhibition in April http://selected-artists.com/buy-art-in-crypto
- Dash user activation event with DCG and Digifinex (6th largest global exchanges) after the official partnership with DCG. Check out their platform and trade Dash here
https://www.digifinex.com/en-ww/from/1vPBfa
- Variety of merchant and community engagement events (Eat and play - Restaurant and game shop co-event, Flyboard community session, Dash Body Awareness event, crypto-lunch, DJ Alle Farben in Mustache Bangkok etc.)
Coming soon:
- Partnership with Coinmarketcap: we are in the process of setting up a marketing partnership that will allow Dash to publish a series of Blog posts on Coinmarketcap. Together with DCG we are just figuring out the topics and stories we would like to tell. We also want to share that achievement with Dash teams around the world, giving them a chance to tell their story of Dash adoption in various countries. This will enable Dash teams around the world to increase awareness!
- Partnership with two Korean payment services. Planning to integrate Dash on 200k crypto debit cards by q4/19 and 2mio debit cards by 2020 and Dash as payment option for 10k Hotels in Korea.
- Initiated partnerships with other Dash teams (Core, Colombia, Venezuela, DACH) on Cryptoguides project – global travel guide and concierge service that is planned as add-on for Discover Dash
- Talks with DTAC accelerator, one of Thailand’s largest telco-providers. Dash is becoming their education partner to help startups and connected companies to accept and process crypto-payments.
- Talks on Dash integration and marketing and marketing partnerships with major exchanges – BX, OKex, Bitkub, MBAex
- Conversation with Thai regulators
- Dialogues with major Asian companies and e-commerce platforms on Dash integration (20+ merchants) (we disclose details asap)
- Dialogues with international hotel booking platforms about Dash integrations (we disclose details asap)
- Dialogues with Asian POS System about Dash integrations (we disclose details asap)
https://www.youtube.com/watch?v=V6LsZD94pQ8&t=2550s
Dash Thailand and Winstantpay sign partnership to enable instant payments & instant fiat settlements for Dash transactions in Asia and beyond
www.dashthailand.org/news
You have a Yes for me for now.
We believe that the Masternodes just have a tough time at the moment making decisions as the treasury funds are very low.
We can just hope that most Masternodes saw the work we do in our regular updates and activities: https://www.dash.org/forum/threads/dash-embassy-thailand-updates-activities.40924/
And the potential for Dash in Thailand. I mean Thailand is already now #2 for many consecutive month after the US in Dash transaction numbers and volume combined over Anypay POS by denomination globally. All statistics can be seen here: https://charts.anypay.global/
... and that's just one of many developments and achievements for Dash in Thailand.
So It would be very sad if can not use the momentum we created in Thailand to push Dash here even further.
Thanks again for your support
Please see more info & stats also of the last couple of month in link below.
https://charts.anypay.global/
Thanks for your question.
The requested funds for the coming quarter are planned to firstly maintain our normal daily operations generating sales leads, supporting merchants in- and after the integration process, educating the consumer and merchants through events, meetups, and marketing campaigns. Maintaining the ecosystem we built in the past 6 months and ensuring all merchants are supported in operations and marketing is key to ensure the transaction volume increases.
Secondly, we are working on strategic partnerships and business development which consumes additional time and resources from our team. We consequently plan on increasing our team including freelancer on a commission basis.
For the upcoming quarter, we want to accelerate growth by intensively focusing on further merchant adoption and strategic partnerships on the one hand and strong consumer activation on the other hand.
In order to manage the balancing act of maintaining and accelerating the existing ecosystem and, at the same time, emphasize business development and strategic partnerships we increased our budget by around 8.5 % (less than 2000 USD at the time of proposal submission) for sales support, travel costs and commissions as well as for merchants support.
Please see our budget sheet for further details https://drive.google.com/file/d/196K4pm0lRPLmepAyyjzed4JLUDoIg7i1/view
We hope your question is answered and we are happy to provide more info as needed.