Proposal “dash-africa-desk-q1-2021---biz-dev-marke“ (Closed)Back
Title: | Please downvote - new proposal posted |
Owner: | Nathanielluz |
Monthly amount: | 82 DASH (2427 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: | 405 Yes / 577 No / 13 Abstain |
External information: | app.dashnexus.org/proposals/dash-africa-desk-q1-2021---biz-dev-marketing-pr-support/overview |
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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.
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.
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
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.
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.
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.
Dash Africa Desk by Nathanielluz
https://reports.dashwatch.org/DEC20/dash-africa-desk-bizdev-marketing-pr-sup.pdf
https://news.bitcoin.com/central-bank-of-nigeria-governor-decries-the-use-of-parallel-exchange-rate-as-citizens-switch-to-crypto/
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.
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.