Proposal “dash-spend-expansion“ (Active)Back

Title:DashSpend Expansion - US, Canada, Europe, UK - CTX
Owner:AshFrancis
Monthly amount: 70 DASH (2632 USD)
Completed payments: no payments occurred yet (2 month remaining)
Payment start/end: 2026-01-06 / 2026-03-06 (added on 2026-01-03)
Final voting deadline: in 1 month
Votes: 97 Yes / 0 No / 0 Abstain
Will be funded: No. This proposal needs additional 229 Yes votes to become funded.
Manually vote on this proposal (DashCore - Tools - Debugconsole):
gobject vote-many 23b458428aeea1933becdd31ed8236ddc910a6b419c8b3af2d336df83b5ff142 funding yes

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Proposal description

This proposal helps cover some of the costs of onboarding to a new provider that offers additional coverage in the US as well as significant coverage in Canada, the UK and Europe. 

This new provider operates on a upfront set-up fee + monthly fee model, but they take no cut from the discount they receive from merchants, allowing us to offer higher discounts and earn more revenue.

We will be releasing the new coverage shortly alongside a seismic upgrade to our system that covers a host of features from giving DCG/Dash Growth access to their own backend system (for marketing, customer support, and development use) to full multi-currency support and more automated settlement flows to keep our cashflow as efficient as possible.

Please note: this does not cover any development time, we will be continuing to fund this ourselves, just would appreciate some support on this cost that brings benefit to both us and Dash.

This provider also has coverage in Australia, New Zealand and India - we will look to add these countries in Q2.

Our plan is to continue bootstrapping for now with limited support from grants and then do a pre-seed raise towards Q3/4, backed by volume and revenue.

Also worth clarifying; gift cards in the Dash mobile wallets are provided by either CTX or Piggy (depending on the merchant, sometimes both our platforms have coverage); this is a CTX proposal.

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Discussion: Should we fund this proposal?

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2 points,4 days ago
A couple questions around regulations in regions, specifically Europe. As I understand the rules are changing there in 2027. Do have a MiCA license, or are you working with a provider that does? Is this a factor for CTX? Any bother from the AMLR that will probably make it illegal for custodians to support Dash in the EU post 2027?
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3 points,4 days ago
Good question, we're not taking any custody of user funds; we act effectively as an e-commerce entity selling gift cards, accepting cryptocurrency payments to do so. Gift cards themselves are typically excluded from regulation as they are closed-loop products. We may have to impose some user transaction volume limits but these will be very generous and far above expected daily/weekly/monthly spend.
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2 points,4 days ago
OK, cheers! You have my support, I am looking forward to the expansion!
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3 points,4 days ago
Thank you, same here, means I'll actually be able to use my own platform daily!
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2 points,8 days ago
> to full multi-currency support

Please clarify, is the Dash DAO funding multi-coin support for CTX, ie adding coins like Bitcoin, Ethereum, etc? If so, why not seek funding from those communities to add their coin/token? I will be more comfortable funding this so long as CTX remains a Dash exclusive product and the effort/work remains laser-eye focused on fostering adoption in the Dash Network.
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3 points,8 days ago
The Dash DAO is not funding multi-coin support for CTX. The Dash DAO is not currently funding any CTX development. This proposal covers costs related to onboarding with a new provider.

When I refer to multi-currency support in the update, that's referring to the fiat currency support aspect for the gift cards (Canadian cards are denominated in CAD, UK cards in GBP, Europe in Euro).
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3 points,8 days ago
> When I refer to multi-currency support in the update, that's referring to the fiat currency support aspect for the gift cards (Canadian cards are denominated in CAD, UK cards in GBP, Europe in Euro).

Thanks for making this important clarification !
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