Proposal “Diameter-Proposal-1“ (Closed)Back

Title:Diameter - IoT payments solution for Dash
Owner:Diameter-Barrett
Monthly amount: 119 DASH (17969 USD)
Completed payments: no payments occurred yet (3 month remaining)
Payment start/end: 2018-06-18 / 2018-09-15 (added on 2018-06-05)
Final voting deadline: in passed
Votes: 234 Yes / 136 No / 44 Abstain

Proposal description

Diameter
IoT payments solution for Dash

We’re here to bring transactions, trust, transparency, and analytics to the Dash community!
Our pitch presentation! https://diameter.tech/videos/pitch (with audio)

Here is our prezi link: prezi (no audio)

Again transparency is extremely important to us. Follow our real time progress below on gitlab:
Milestones that you can track are here: Gitlab Diameter Milestones

For Escrow:
Milestones we have setup with Dash Escrow are here:  Diameter Escrow Milestones (with detail)

Here is out IoT Platform Overview video!
https://diameter.tech/videos/overview

Hope you enjoyed the overview.

Please take a moment to watch the campaign video. This will be a major asset to the MNO and Proposal community. This is outside of our core business, but our platform had all the major pieces already to enhance this functionality.

Dash has spent a ton on marketing, but the ROI is hard to prove. I’m excited to show off our campaign solution as a good step forward in fixing the ROI puzzle.

Here is our Campaign Video
https://diameter.tech/videos/campaign

For fellow nerds and engineers - we wanted to give a goofy behind the scenes tech video of how a connected car works with our platform
https://diameter.tech/videos/behind-the-scenes  

Engineers definitely don’t excel at video editing lol. Please give us some leniency on the production quality :)

Proposal Details:
We have chosen to go with escrow for our proposal, this effectively breaks up our 6 months proposal into proposal 1 and proposal 2.

Proposal 1 will cover our first 3 months.
Proposal 2 (July) will cover our next 3 months before our December 2018 Beta launch.

Pre-proposal -> https://www.dash.org/forum/threads/pre-proposal-diameter-iot-dashboard.28795/

Budget: $113,500 USD

Dash amt: ~356 (mkt price of 318 as of 6/04/2018)

Our total funding for Proposal 1 (June) -> 3  months

This will fund:

Salaries
4 Engineers  
$85,000 total

Infrastructure, Legal, GRC activities
$10,000

Proposal Fee
5 Dash

Branding, Design, and Wireframes Fee
$5,000

Marketing and Design Fee
$10,000

Proposal 2 will be in the September cycle, with escrow again. It will have the exact same budget.

The budget total for Proposal 1 + Proposal 2 will be: $227,000 USD (over 6 months or 38k per month)

Our budget is 80% cheaper than other tech projects that were recently funded. I hope you keep that into consideration. We will be delivering a lot of functionality in a very short period of time.

Team
me: https://www.linkedin.com/in/barrett-davis-1581b228/
Taylor Ereio: https://www.linkedin.com/in/ereio/

Again, Please feel free to reach out on discord at berz01-diameter

Show full description ...

Discussion: Should we fund this proposal?

Submit comment
 
1 point,1 month ago
Hey Dash community. It's the last day, maybe we'll find 400 votes last minute? But I wanted to give a brief update, we'll be adding Tesla to the platform and also other luxury car manufacturers. We've found that there is a large opportunity to work with a national parking vendor and their mobile app to connect people via a subscription to pay for parking using crypto. The hardest part of this is that we'll need funding to build this out and it seems that the budget is full and may not happen for awhile. Time is of the essence for us.

We're trying to understand if we should submit our proposal again. We've added a lot of No's and we can't determine if we're going to be successful if we try again when the budget is more free.

Either way we've enjoyed the great community feedback!

You can reach out to me at barrett@diameter.tech & berz01 on discord.
Reply
0 points,1 month ago
I for one think you should definitly resubmit the proposal once the budget opens up a bit. Id be more than happy to help in any way i can to try and help you rally votes
Reply
0 points,1 month ago
Yes, to echo Walter, I believe your proposal is actually looked upon favorably, there are just too many budget constraints this month due to Core's new budget strategy and market downturn and bleed-over from previous multi-month proposals exacerbated by the same. However, Core has stated that they plan to ask for 50% of the budget for the foreseeable future until they've built up a sufficient buffer to continue operations, so next month will likely be highly competitive as well, albeit slightly less so, as I believe several proposals which are asking 600+ Dash this month total will be falling off after this month. I don't know which--if any--of them will be resubmitting at a future date, but that might give you an idea on how next month's budget might differ.
Reply
1 point,1 month ago
The lack of yes votes says more about the reason why this won't pass than the number of no votes... It is clear that the MNOs have decided that they do not wish to fund you this month due to the budget constraints caused by Dash Core Inc's heavy 'take' from the treasury this month. It is my understanding that next month Dash Core Inc will not be submitting for as much funding and so more will be available to good projects like this.

Please resubmit next cycle and I'm confident you will receive funding. I think that if the MNOs did not like your proposal you would receive far more no votes already!

This is just my opinion and I suggest you canvass the community over the next 2 weeks to gauge whether or not to resubmit next month. I would also wait until mid way through the cycle to submit so that you can have more certaintly as to whether there will be any more big funding requests from other areas that the MNOs are already committed to funding (such as if Dash Core Inc request funding for the Dash Conference or any other large ticket items etc).

Hope this helps.

Walter
Reply
1 point,1 month ago
No money :(
Reply
0 points,1 month ago
:(
Reply
2 points,2 months ago
Hello everyone, this is Omar Hamwi with Dash Core Group and I confirm that the Dash Core is in receipt of a signed escrow agreement
Reply
0 points,2 months ago
It will be great to see the future of the money (Dash) joining to the future of things (IOT).

Best of luck!

AlejandroE
Reply
1 point,2 months ago
Our team would love to know why people are voting No. Please leave feedback here, email me at barrett@diameter.tech, or discord berz01. We ENJOY critical feedback, tell me why I'm wrong. I listen. Again, we're flexbile.. we can change something instantly if it would change your opinion.

Got some cool announcements to share next week when I can publicize them.. :)
Reply
2 points,2 months ago
I think it really comes down to there not being expendable budget this month
Reply
0 points,2 months ago
Some amount of No votes is quite common for proposals and unfortunately, these voters might never leave a comment.
Specifically for this cycle, if we fund all the core proposals the budget will be full already so to also fund you something else would need to be defunded that is a higher hurdle to cross.
Reply
9 points,2 months ago
Really impressive video presentations & business model. The future partnerships & the utility Diameter enables is exactly what Dash needs right now to differentiate us from the market. The IOT space is only going to continue to grow moving forward. I also like the Dash exclusivity offered. I can see this having many more applications beyond Uber / Lyft / parking meters / road tolls / property rentals. The smart energy meters is huge.

When I think of home smart meters and energy storage I think of the Tesla Powerwall. Well it turns out that this market is forecasted to be very competitive moving forward. Even IkEA are making their own version! This solution would be a perfect fit.

"Interestingly, it is not just utilities and commercial applications using Li-ion storage, homeowners are taking advantage of the technology. Several manufacturers have developed products specifically for this market. Some of the better-known systems are ABB’s React, Tesla’s Powerwall and IKEA’s battery pack systems. With the expanded interest, other manufacturers such as LG Chem, Nissan, Mercedes-Benz, Panasonic Corp., Saft and sonnen Inc. are providing a wide array of Li-ion ESS to homeowners and commercial customers, too."
Source: http://www.tdworld.com/distribution/next-gen-grid-relies-energy-storage

We have so much potential here.

Also if this passes please speak to RE/MAX (Real Estate Maximums) as they already accept Dash for property rentals via GoCoin but this is next level stuff offering extra value to clients & their customers. I have lots of ideas for you. Thanks for choosing the Dash network.

This is an easy YES for me as essentially Diameter will be hustling on our behalf to establish new partnerships to help grow our network. The development costs and time-frame plus milestones are also very fair in my opinion compared to recent development proposals passed. For what they are asking risk/reward ROI based on potential partnerships in pipeline is a risk absolutely worth taking. It's important the Dash network keeps building & I'm pleased that Diameter are already planning on how they are going to utilize Dash Evolution.
Reply
1 point,2 months ago
Yeah it looks really good and worth a shot as it has lots of future potential, easy yes from me too.
Reply
4 points,2 months ago
Couldn’t agree more Mark! You’ve put into words exactly what I think. This has to pass next month if we can’t fit it in this month.

Walter
Reply
2 points,2 months ago
This was very kind of you Mark, Foxtrot, and Walters.
Reply
4 points,2 months ago
I thoroughly agree!
Reply
1 point,2 months ago
As I said in your pre-proposal, this could be a huge boon to Dash. From your demos, it's clear you have the technical ability to implement this platform--whether or not you can successfully interface the platform with as many IoT devices as you hope, though it seems highly likely that you can--and you already have several potential leads and customers lined up. As long as you follow through with your proposed commitment to adhering to your milestones and escrow agreements, I think this proposal will be a home run, maybe one of the best we've had come through in a long time if you're able to expand to multiple industries and major use cases.

The only real hurdles I foresee are three:

1. It's a hell of a month to be putting your hat in because of the large proposals from Dash Core, as you're well aware, so ultimately those will probably take priority, but there should be room for a few smaller proposals, and hopefully that will include yours. Do you have a plan to continue moving forward if Core edges out your proposal to next month?

2. There may be some snags and bottlenecks you run in to if your platform--and Dash, by extension--starts to see heavy use. We already have a few groups and companies testing extensive micropayments and while there were some technical hurdles, they seem to have overcome them for the most part. So do you foresee or have you run in to any obstacles in trying to integrate your platform with Dash, and secondarily to that, how do you foresee your platform and the way it interfaces with Dash changing when the first stages of Evolution drop--hopefully--later this year?

3. We have a few decent options for buying/selling Dash out there, but asking businesses to accept the currency fluctuation risk is sometimes a hard sell. How is your platform going to handle the complications surrounding businesses and users moving in and out of Dash, or does your system just deal with the transference of Dash and conversions to fiat or otherwise are the responsibility of the user?
Reply
0 points,2 months ago
Seems like If I post a lengthy response it will definitely clutter the other posts. Do most people just add all their answers in replies on the proposal? The forum or discord would be better for a conversational type of response. We'd also like some feedback if there is some. Thanks for spending the time to review our materials.
Reply
2 points,2 months ago
Most people just typically reply to DC posts in the subthread at whatever length is necessary. It's not ideal, but that's why we funded the Dash Nexus proposal to upgrade our primary format of communication with proposal owners during the voting process. I wouldn't worry about clutter. The people who were going to take the time to read are going to regardless, and those that won't weren't going to anyway.

Another option might be finding some of the common underlying threads of several MNOs' questions and answering them all more generally in one post at the top, but there will undoubtedly be more through the rest of the cycle.

Some choose to take their exchanges to other platforms (forum, Discord, etc), but of course there, other MNOs might not benefit from having seen the exchanges and you might end up repeating yourself across multiple platforms.

The proposal owners that are more engaged and thorough in their responses have tended to do better historically. How you handle it is up to you, of course, but that's generally what has been done in the past.
Reply
5 points,2 months ago
I really like this proposal too, it's about growing real world usage and not marketing, and that's a big positive in my view. I'm going to vote yes for it but as others have stated, there's a high chance that this will not gain funding this month due to the fact that funding is already tight given the number of commitments we have. Please don't let this put you off trying again next month if you are unsuccessful this month.

Walter
Reply
1 point,2 months ago
Would you mind writing more about the proposal here?
And are you using hitbtc to cash out the dash to pay fees?
Reply
1 point,2 months ago
Thank you all for the kind words. I love this community. People have already given us a few new ideas to consider, like adding a Tesla. Even sent me their API key, so I might start playing around with on-boarding a Tesla while we wait for the proposal to go through its process.
Reply
0 points,2 months ago
Well as expected the budget is now full. Hopefully, there will be space for you next month.
Reply
2 points,2 months ago
Hi guys, can we get some LinkedIn profiles of the diameter team up in the DC description please.
Reply
1 point,2 months ago
sure thing.
Reply
1 point,2 months ago
https://www.linkedin.com/in/barrett-davis-1581b228/
Reply
2 points,2 months ago
I like this proposal very much so voting Yes but not sure if there is still enough space in the budget after all the core proposals.
Reply