Proposal “bsdev-general-201611“ (Closed)Back

Title:Business Development (Nov)
One-time payment: 197 DASH (5839 USD)
Completed payments: 1 totaling in 197 DASH (0 month remaining)
Payment start/end: 2016-11-04 / 2016-12-19 (added on 2016-10-22)
Final voting deadline: in passed
Votes: 609 Yes / 38 No / 0 Abstain

Proposal description

This is a cross-post from the Dash Forum

The General Business Development budget funds development support and other business integration expenses to incentivize the adoption of Dash through deal-making and direct support of our business partners. This proposal is a continuation of the funding for business development costs first proposed during the July budget cycle.

By reserving a small amount of funding available to capture opportunities as they arise, we are able to act quickly and nimbly to grow our ecosystem of businesses integrating Dash.

This past month, expenses were modest, consisting of some integration support provided by thomas.ludek, and some hardware costs related to the Coinfirm integration. Because the business development costs were much lower than previous months, our request for Business Development funding this month is reducing further to $2,026.

Requested funding is as follows for the November 4th budget cycle:
Total: 196.56 Dash

Note: Funding from this proposal will be reserved for business development purposes.

Note: The original proposal from July can be found here that provides additional detail on business development activities:

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Discussion: Should we fund this proposal?

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0 points,7 years ago
I cannot see a clear description of what the proposer commits to delivering. Voting no.
0 points,7 years ago
Will be voting no on these henceforth, until they start to include deliverables.

All other proposals are expected to -- at minimum -- name what it is they intend to do specifically. Cannot support a proposal which doesn't name a single deliverable.
0 points,7 years ago
Unfortunately, not all proposals can follow a deliverables-based format. There are several that fall into that camp including ongoing infrastructure costs, core team payments, and other "overhead" type costs that simply cover ongoing costs. Business development is an ongoing cost, and very difficult to predict, but it nonetheless adds value. With business development funding, it is literally impossible to know when an opportunity will arise, nor what support the opportunity will require to see through, but it is important to have funding available to act on opportunities quickly. We have used this budget to provide the necessary support for Mycelium, Coinfirm, Jaxx, ProtonMail, and many others to join our ecosystem.

In the future, we'd like to start hiring more full-time business development staff... there will be no guaranteed "deliverables" out of that either. We hope to sign up major businesses, exchanges, service providers, etc., but we will not be able to tell ahead of time what they will be. So the only deliverable is "continue signing partnerships".

That said, if there is more information beyond our track-record of landing deals using these funds that would be useful, please let us know.
0 points,7 years ago
I vote yes because it makes no sense to stop a running initiative. But basically I agree with n00bkid. Key are cost, timelime, milestones and deliverables ...