Proposal “dash-africa-desk-q1-2021---biz-dev-marke“ (Active)Back

Title:Please downvote - new proposal posted
Owner:Nathanielluz
Monthly amount: 82 DASH (7936 USD)
Completed payments: no payments occurred yet (3 month remaining)
Payment start/end: 2020-12-18 / 2021-03-17 (added on 2020-12-10)
Final voting deadline: in passed
Votes: 449 Yes / 510 No / 16 Abstain
Will be funded: No. This proposal needs additional 547 Yes votes to become funded.
External information: app.dashnexus.org/proposals/dash-africa-desk-q1-2021---biz-dev-marketing-pr-support/overview
Manually vote on this proposal (DashCore - Tools - Debugconsole):
gobject vote-many 7bca3a1137f3b28d28635009070500ce2ab27220c0e9f829cd7443fefc3638e8 funding yes

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Proposal description

Please downvote - new proposal posted at https://www.dashcentral.org/p/LegalOpinionKPIBizDevPRDashNigeria


Dash Africa Desk Q1 2021 - Biz Dev, Marketing, PR, Support - Dash NigeriaQ1 2021, October - December


UPDATE
Dash Nigeria needs 63 votes to be operational in 2021

We have integrated Dash into https://www.cryptofully.com/ (a remittance platform) and https://fliqpay.com/ (a cross-border payments infrastructure for global businesses that enables financial institutions, fintech, and global businesses to make and receive global payments in multiple currencies securely). Though Dash is currently live on both platforms, we have some obligations to meet before a public launch. Failure to meet these obligations might lead to Dash being delisted from the platforms. This proposal not passing will mean we have to pause our activities including our obligations to partners.

Another of our activities that will be affected is the creation of a Legal Opinion on Dash in Nigeria - We are working with Infusion Lawyers to develop a legal opinion that will aid the classification of Dash as a utility coin in Nigeria. This is very important especially given the Statement by the SEC Nigeria On Digital Assets And Their Classification And Treatment https://sec.gov.ng/statement-on-digital-assets-and-their-classification-and-treatment/.  

Also, our speaking engagements such as Nathaniel Luz headlining the BLOCKCHAIN AFRICA CONFERENCE 2021 conference on March 18 https://blockchainafrica.co/speakers/nathaniel-luz/  will be affected. Do note that this event costs Dash $0.

Kindly vote YES for the Dash Nigeria proposal and let me know if you have any questions. Thank you.

Table of Contents
  1. Executive Summary
  2. Proposal Scope
  3. Previous Results
  4. Why Vote Yes?
  5. Budget

1. Executive Summary
In Q1 2021, we will focus on:
  1. Remittances
  2. Dash Africa Desk - Marketing, PR, and Support
  3. Legal Opinion on Dash in Nigeria
  4. Business Development and Integrations
  5. General Dash Adoption

Using Dash for sending remittances to Nigeria is becoming easier by the day with our listing of Dash on Coinprofile. We are currently working on creating more remittance lines to aid in sending money to Nigeria with Dash. We will continue to provide support for Dash text as it plans to be launched in Nigeria.

Our Dash Africa Desk has been highly successful, earning us media coverage in top tier media platforms such as Cointelegraph, Bitcoinnews, BitcoinKE, and others. We will be scaling this up increasing the press features of Dash going forward. We are also working with Infusion Lawyers to develop a legal opinion that will aid the classification of Dash as a utility coin in Nigeria. We'll continue our business development activities, integrating Dash into remittance platforms, exchanges, payment gateways, and businesses that'll enable Dash use by users continue providing support for Dash users, merchants and partners, and social media activities. 

2. Proposal Scope:

A. Dash Africa Desk - Marketing, PR, 
and Support:
Our Dash Africa Desk has been highly successful, earning us media coverage in top tier media platforms such as Cointelegraph, Bitcoinnews[b]BitcoinKE[/b], and others. We will be scaling this up increasing the press features of Dash going forward. A solid marketing and support framework improves our offering to partners.

Nathaniel Luz headlined the Crypto Fest Conference, giving a presentation on Dash alongside Ray Youssef, CEO of Paxful, Tone Vays, and several other industry leaders. https://cryptofest.co.za/speakers-2020/. Some results from the Crypto Fest conference are:
  • The Crypto Fest conference had 1288 attendees from 50+ countries represented.
  • A great outcome of presenting at the Crypto Fest conference is that Nathaniel Luz will be headlining the BLOCKCHAIN AFRICA CONFERENCE 2021 conference on March 18 for $0 https://blockchainafrica.co/speakers/nathaniel-luz/  
  • Participants were given Digital is the Cash ebook.
  • Recap of Crypto Fest 2020 by BitcoinKe - The Crypto Fest 2020: Here is a List of 5 Speakers at the Event with a Focus on Africa https://bitcoinke.io/2020/11/crypto-fest-2020-africa/ 
  • The title of his presentation is "Future of Payments: A Peer-to-Peer Electronic Cash System" and the video of the session is here.

B. Remittances and Cross Border Payments: 
Using Dash for sending remittances to Nigeria is becoming easier by the day with our listing of Dash on Coinprofile. We are currently working on creating more remittance lines to aid not just sending money to Nigeria with Dash, but also sending money out of Nigeria with Dash.

According to the Central Bank of Nigeria (CBN), in 2019, remittances flowing in and out of the country stood at $25.3 billion, making it the second-largest source of foreign exchange for the government, after oil of course. But sending money in and out of Nigeria is a lengthy chore. Cross-border transactions are riddled with many frictions that exclude Nigerians from parts of the global financial system. Although sending money to Nigeria is fraught with costs, getting money out of the country is a bigger challenge. We are all too familiar with the central bank’s limits on dollar transfers and spending abroad—Ecobank (a major Nigerian bank) has a $20 monthly international card payment limit. https://www.stearsng.com/premium/article/cross-border-payments-in-nigeria-are-we-there-yet 

One of our new partners, Fliqpay, is a cross-border payments infrastructure for global businesses that enables financial institutions, fintech, and global businesses to make and receive global payments in multiple currencies securely using Dash.


https://lh3.googleusercontent.com/KPjS20u8EutxQ3CB9mihcegbZVDvErEbHsR0KK3HwXTuAWUOfAeZF0iZ8U57BgvTgfXQ8iIaWxPKhsyuIowGSrboU_v4m3ZNy4V6Z2EaMjT3NPybCfyviK809zfRKIQTNPUdYkOY


C. Legal Opinion on Dash in Nigeria

We are working with Infusion Lawyers to develop a legal opinion that will aid the classification of Dash as a utility coin in Nigeria. This is very important especially given the Statement by the SEC Nigeria On Digital Assets And Their Classification And Treatment https://sec.gov.ng/statement-on-digital-assets-and-their-classification-and-treatment/.  

D. Business Development and Integrations:
We have integrated Dash into Fliqpay and will be launching it in the course of this proposal. Fliqpay is a cross-border payments infrastructure for global businesses that enables financial institutions, fintech, and global businesses to make and receive global payments in multiple currencies securely.

We have been working to get Dash text support extended to Nigeria and we are close to its launch in Nigeria already. During the course of this proposal, we will be involved with Dash text launch, marketing, and on-ground support in Nigeria.

We'll continue our business development activities, integrating Dash into exchanges, payment gateways, and businesses that'll enable Dash use by users. We have a couple of new integrations that will be completed and launched in Q1 2021. We will also work on closing existing leads and replenishing our lead pipeline.

E. General Dash Adoption
The Digital Cash Awareness Drive which has seen us give copies of Digital is the Cash book to regulators including Nigeria Deposit Insurance Corporation, NDIC Abuja, Securities and Exchange Commission, SEC Abuja, The Chartered Institute of Bankers, CIBN Lagos, National Information Technology Development Agency, NITDA Abuja, National Library, exchanges including Binance Nigeria, Sabii, Quidax, Coinprofile, Roqqu, and several others will continue at 50 copies per month. 

Increased marketing of Dash via social media platforms like Twitter, Telegram, WhatsApp, offering support to the Dash ecosystem in Nigeria and other promotional activities not covered in the scope of this proposal.

3. Previous Results
BizDev:
  • Dash integrated on Coinprofile, a tier 1 remittance platform
  • Dash integrated on Quidax, a tier 1 crypto exchange offering Dash/NGN order book pair and instant Dash on/off-ramp.
  • Dash integrated on Fliqpay, a tier 1 cross-border payments platform
  • Integrated Dash into Bitfxt, Naijacrypto, Kurepay exchanges

Speaking engagements:
  • Speaker at Defi Conference 2020. Presented Dash on a panel alongside Jonas Lamis - Founder and CEO at StakerDAO, Flora Sun - Managing Director of Binance X, moderated by Liam Kelly - Editorial Manager at Crypto Briefing. The video of the session is here.
Media:
Here are some of the interviews and publications we secured:
  1. Dash Nigeria Takes Digital Currency Education Campaign to Regulators and Key Institutions https://news.bitcoin.com/dash-nigeria-takes-digital-currency-education-campaign-to-regulators-and-key-institutions/
  2. High Fees Make BTC Less Appealing for Remittances in Africa: 'Pray Blocks Happen Quickly' - Nathaniel Luz of Dash Nigeria interviewed https://news.bitcoin.com/high-network-fees-make-btc-less-appealing-for-remittances/ 
  3. Landed an earned media interview/ book review with Cointelegraph, the largest crypto media outlet in the world https://cointelegraph.com/news/book-review-digital-is-the-cash 
  4. BitcoinKe.io The Crypto Fest 2020: Here is a List of 5 Speakers at the Event with a Focus on Africa https://bitcoinke.io/2020/11/crypto-fest-2020-africa/ 
  5. Next Phase of Crypto Industry Will Be Driven by Real-world Use and User Experience – Nathaniel Luz https://cryptotvplus.com/next-phase-of-crypto-industry-will-be-driven-by-real-world-use-user-experience-nathaniel-luz/amp/ 
  6. Featured in the BitcoinKe recap of the DeFi Conference 2020 https://bitcoinke.io/2020/08/watch-defi-africa-conference-2020/ 
  7. Coinprofile PR
8. Naijapay PR
Education:
Learn with Dash: 

9 videos in Pidgin English for learning and promoting Dash https://www.youtube.com/playlist?list=PL3vgzw56aHfa15tOVJrK4fV4DZxpOpCLD 

4. Why Vote YES?
Proven team:

We have been executing the proposed strategy already successfully for a couple of months. We have been able to constantly increase all relevant metrics: Integrations, merchants, users, transactions and have recently branched out into engaging media partners. We are also a part of Dash Co-Working (DCW).

Low cost:
We’re constantly among the cheapest teams in the category “General Dash adoption”. We believe to have generated a high return on investment for the DAO and are pushing to get even more cost-efficient.

Consistent adoption:
We don’t promise the pie in the sky. We don’t expect you to pay us for many months in advance. We work step by step, unlocking new Dash adoption along the way. Support us and continue to see ongoing results month over month.

Nigeria is hungry for Dash:
The success of campaigns such as the Digital Cash Awareness Drive shows that Nigeria is a receptive and fertile ground for Dash adoption. We’re introducing reliable payments, free “banking” infrastructure, and economic cross border payments, capabilities that many Nigerians are experiencing for the first time and are reaping the corresponding strong results such as our active telegram group.

5. Budget breakdown 
81.72 Dash per month for 3 months


https://lh4.googleusercontent.com/gTfzBd1s8biIi54FY3FkCSMcdayHRwj73kmGKGf0y537260ytgMT8YEZ3GFQg7QxAFftF2ttnekQHbpoWIUDsqhsDaXt1uH-Dgq0pEpMO7P1g_nsVg-sCx0p556KkzU1J4HqYbUM


***end of proposal***

Show full description ...

Discussion: Should we fund this proposal?

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1 point,16 days ago
Downvoted as requested.
Reply
0 points,16 days ago
Thank you qwizzie.
Reply
0 points,16 days ago
Please downvote - new proposal posted at https://www.dashcentral.org/p/LegalOpinionKPIBizDevPRDashNigeria


Update on Dash Nigeria Proposal Scope and KPI Tracking

Dash’s availability on exchanges, payment gateways, remittance platforms, and other businesses in Nigeria stand threatened by the misconception that Dash is a ‘privacy coin’. A clear example of this is that a partner exchange Roqqu (https://roqqu.com/) scheduled to launch Dash in the first week of the year paused the launch due to the Bittrex announcement https://bittrex.zendesk.com/hc/en-us/articles/360054393492-Pending-Market-Removals-01-15-21. We believe it is now pertinent to complete the Legal Opinion on Dash in Nigeria we started.

We are working with Infusion Lawyers to develop a legal opinion that will aid Dash’s classification as a utility coin in Nigeria. This is very important, especially given the Statement by the SEC Nigeria On Digital Assets And Their Classification And Treatment https://sec.gov.ng/statement-on-digital-assets-and-their-classification-and-treatment/. This is very important as it guarantees the continuous availability of Dash on Nigerian exchanges and businesses.

We’ve gathered from feedback received over our previous failed proposal to make the volume of Dash transactions on Dash supported platforms in Nigeria publicly available. To this end, we are launching a page that will contain the stats requested. The stats that will have various exchanges and volumes, data on remittance carried out successfully using Dash, etc. and the page will be available at https://dashnigeria.com/stats.

We have completed the technical integration of Dash into the following and will be launching them within this proposal:
Roqqu https://roqqu.com/ - A tier 1 Nigerian exchange with Dash integration on both web and mobile platforms
Cryptofully https://cryptofully.com - A remittance platform supporting only Dash and bitcoin on web and mobile platforms
Fliqpay https://fliqpay.com - A cross-border payments infrastructure for global businesses that enables financial institutions, fintech and international companies to make and receive international payments in multiple currencies securely

We will be rolling out a promotional campaign with Coinprofile and Cryptofully to enable users to win an amount of Dash after using Dash for remittances. For instance, users can win X amount of Dash after sending Y amount Dash in remittances. Dashwatch will verify data before we upload it on https://dashnigeria.com/stats.

Our Dash Africa Desk has been highly successful, earning us media coverage in top tier media platforms such as Cointelegraph, Bitcoinnews, BitcoinKE and others. We will be scaling this up increasing the press features of Dash going forward. We'll continue providing support for Dash users, merchants and partners and social media activities.
Reply
-2 points,26 days ago
No vote from me, and I strongly encourage everyone else to vote no too. Dash is hemorrhaging market share and proposals like this just add fuel to the fire. They inflate Dash, cause downward selling pressure, and deliver to results or ROI.

If you care about your investment in Dash start being extremely selective in which proposals you pass. Down voting everything is a good place to start, then only consider upvoting a proposal that you strongly believe will pull us out of this nosedive.
Reply
0 points,1 month ago
Kindly donate to keep Dash activities running in Nigeria in 2021

We fell short of funding with 30 votes for January 2021 and are seeking your donations to keep being operational. Thus far, we have delivered on our goals and are on track to reach others. We wish to keep our operations up and running in January 2021. This will include the launch of Dash on https://cryptofully.com/ and https://fliqpay.com/ (Dash is live on both of them already), complete the legal opinion on Dash for Nigeria amongst others.

Stopping our operations will lead to a cease of support for our users and partners which will not be healthy for the long-term growth of Dash in Africa.

We are receiving donations at the same address as our proposal here:

XjA2Z53RjSz2xHSSk2fXoP1GN8ZZkvZoy8

We'll also appreciate your feedback on our proposal and activities.

Thanks.

Nathaniel Luz
Lead, Dash Nigeria
Reply
2 points,1 month ago
Dash Nigeria needs 63 votes to be operational in 2021

We have integrated Dash into https://www.cryptofully.com/ (a remittance platform) and https://fliqpay.com/ (a cross-border payments infrastructure for global businesses that enables financial institutions, fintech, and global businesses to make and receive global payments in multiple currencies securely). Though Dash is currently live on both platforms, we have some obligations to meet before a public launch. Failure to meet these obligations might lead to Dash being delisted from the platforms. This proposal not passing will mean we have to pause our activities including our obligations to partners.

Another of our activities that will be affected is the creation of a Legal Opinion on Dash in Nigeria - We are working with Infusion Lawyers to develop a legal opinion that will aid the classification of Dash as a utility coin in Nigeria. This is very important especially given the Statement by the SEC Nigeria On Digital Assets And Their Classification And Treatment https://sec.gov.ng/statement-on-digital-assets-and-their-classification-and-treatment/.

Also, our speaking engagements such as Nathaniel Luz headlining the BLOCKCHAIN AFRICA CONFERENCE 2021 conference on March 18 https://blockchainafrica.co/speakers/nathaniel-luz/ will be affected. Do note that this event costs Dash $0.

Kindly vote YES for the Dash Nigeria proposal and let me know if you have any questions. Thank you.
Reply
-1 point,1 month ago
I don't believe this PO has ever demonstrated results, voting NO as per usual, others should consider doing the same.
Reply
1 point,1 month ago
Hello lysergic,

Here's a quick list of some of our achievements at Dash Nigeria in the last few months:

Adding Dash to Remittance platforms:
https://coinprofile.co/
https://www.cryptofully.com/

Cross border payments (b2b)
https://fliqpay.com/

Exchanges:
https://quidax.com

Speaking at conferences
Nathaniel Luz headlined the Crypto Fest Conference, giving a presentation on Dash alongside Ray Youssef, CEO of Paxful, Tone Vays, and several other industry leaders. https://cryptofest.co.za/speakers-2020/. Some results from the Crypto Fest conference are:
The Crypto Fest conference had 1288 attendees from 50+ countries represented.
A great outcome of presenting at the Crypto Fest conference is that Nathaniel Luz will be headlining the BLOCKCHAIN AFRICA CONFERENCE 2021 conference on March 18 for $0 https://blockchainafrica.co/speakers/nathaniel-luz/
Participants were given Digital is the Cash ebook.
Recap of Crypto Fest 2020 by BitcoinKe - The Crypto Fest 2020: Here is a List of 5 Speakers at the Event with a Focus on Africa https://bitcoinke.io/2020/11/crypto-fest-2020-africa/
The title of his presentation is "Future of Payments: A Peer-to-Peer Electronic Cash System" and the video of the session is here https://www.youtube.com/watch?v=T2ZOhTuWkMU&t=17s

DeFi Conference 2020
Some results from the DeFi Conference are:
Presented Dash on a panel alongside Jonas Lamis - Founder and CEO at StakerDAO, Flora Sun - Managing Director of Binance X, moderated by Liam Kelly - Editorial Manager at Crypto Briefing. Video of the session is here - https://youtu.be/AK_FhUzvZGo
The Defi conference had 977 attendees from 30 countries represented.
A great outcome of presenting at the Defi conference is that Nathaniel Luz will be headlining the CRYPTO FEST 2020 conference on October 30 at a cost of $0 https://cryptofest.co.za/speakers-2020/. The speaking and other privileges we have gotten for free are available under the "premier sponsorship" which costs R80,000 or $4604.28 https://cryptofest.co.za/become-sponsor/.
Recap of Defi Conference by BitcoinKe "...While the above shows that Ethereum is pre-dominantly driving DeFi, it was interesting to learn that protocols like Dash employ the concept of masternodes that can offer true DeFi use cases that take the power back to the users" https://bitcoinke.io/2020/08/watch-defi-africa-conference-2020/

Marketing and PR
Our work has been covered by top media outlets such as Cointelegraph, Bitcoinnews, Cryptobriefing, Cryptodaily, BitcoinKe, BitcoinAfrica, and several others. Here are some of the links:

News.bitcoin.com: Central Bank of Nigeria Governor Decries the Use of Parallel Exchange Rate as Citizens Switch to Crypto | Emerging Markets Bitcoin News https://news.bitcoin.com/central-bank-of-nigeria-governor-decries-the-use-of-parallel-exchange-rate-as-citizens-switch-to-crypto/
High Fees Make BTC Less Appealing for Remittances in Africa: 'Pray Blocks Happen Quickly' - Nathaniel Luz of Dash Nigeria interviewed https://news.bitcoin.com/high-network-fees-make-btc-less-appealing-for-remittances/
https://bitcoinafrica.io/2020/08/19/coinprofile-dash-in-nigeria/?s=08
Forex Strapped Nigeria Designates Crypto Assets as Securities https://news.bitcoin.com/forex-strapped-nigeria-designates-crypto-assets-as-securities/
Digital is the Cash book review and Dash Nigeria activities covered on Cointelegraph https://cointelegraph.com/news/book-review-digital-is-the-cash
Dash Nigeria Takes Digital Currency Education Campaign to Regulators and Key Institutions https://news.bitcoin.com/dash-nigeria-takes-digital-currency-education-campaign-to-regulators-and-key-institutions/

Support and general Dash adoption in Nigeria
We continue to be the first stop for enquiries and support from potential partners, users and the Dash community regarding Nigeria.

This proposal not passing will mean we have to pause our activities including the scheduled launch of Dash on https://www.cryptofully.com/ and https://fliqpay.com/, the creation of a legal opinion of Dash for Nigerian regulators, and several other of our adoption activities.

Kindly vote YES for the Dash Nigeria proposal. Thank you.
Reply
1 point,1 month ago
https://coinprofile.co/ allows anyone to send Dash directly to a Nigerian bank account. This is a first of its kind as there's no where else in the world you can directly send Dash to a local bank account.

This integration has simplified the use of Dash for sending remittances to Nigeria.

In January, we will be launching the integration of Dash into https://www.cryptofully.com/ in January 2021 thereby exposing an entire new line of remittance senders and receivers to using Dash.
Reply
1 point,1 month ago
Dash Watch December 2020 Report on
Dash Africa Desk by Nathanielluz
https://reports.dashwatch.org/DEC20/dash-africa-desk-bizdev-marketing-pr-sup.pdf
Reply
-1 point,1 month ago
The BitcoinNews article below gives more information on the use of Dash for remittances to Nigeria

https://news.bitcoin.com/central-bank-of-nigeria-governor-decries-the-use-of-parallel-exchange-rate-as-citizens-switch-to-crypto/
Reply
2 points,1 month ago
You continue to have my support as well, keep it up :)
Reply
1 point,1 month ago
Thanks ma'am. We appreciate.
Reply
1 point,1 month ago
I would have liked to have seen a reduced ask in light of the rise in Dash valuation, and with our small remaining budget, I have to vote no on continued funding at this ask price.
Reply
1 point,1 month ago
Hello agnewpickens,

Our proposal was submitted using the 30 day Simple Moving Average price of Dash which was $85.57 at proposal submission. Any extra funding will be well accounted for in our DashWatch reports.

I say in good faith that we did our best to keep our ask this low - we even had to remove some items from our budget. One of this is the travel cost for the BLOCKCHAIN AFRICA CONFERENCE 2021 conference on March 18 https://blockchainafrica.co/speakers/nathaniel-luz/ where I will be speaking on Dash.

Kindly have another look at our proposal and budget and vote for us.

Thanks.
Reply
2 points,1 month ago
Join Nathaniel Luz, Lead of Dash Nigeria on the Crypto Roast show by https://cryptotvplus.com/ 9pm GMT +1 today, December 11, 2020.
Reply
2 points,1 month ago
You have my support. Interesting stance of Nigeria SEC with regards to point C.

quote :

1.
The position of the Commission is that virtual crypto assets are securities, unless proven otherwise. Thus, the burden of proving that the crypto assets proposed to be offered are not securities and therefore not under the jurisdiction of the SEC, is placed on the issuer or sponsor of the said assets.

2.
Issuers or sponsors are expected to satisfy the burden of proving that the virtual assets do not constitute securities by making an initial assessment filing. However, where the finding of the Commission is that the virtual assets are indeed securities (not structured to be exclusively offered through crowdfunding portals or other exempt methods), then the issuer or sponsor must register the digital assets.

end of quote.

Maybe Dash Core Group Legal Department can provide your team with some assistance on the legal opinion why Dash does not fall under securities, and should be considered an utility coin.
Reply
3 points,1 month ago
Thanks for your support. We've gotten some regulatory assistance from DCG and will be reaching out for more along the way.
Reply