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- ATTENTION: I have an additional proposal to the Accessibility & Adoption
- Integrated Platform Proposal, which will be shortened as "DASH / WOC
- Integration". The community expressed great interest in this, and I know we
- can get an early start and early finish to the project.
- 263 Master Nodes voted "YES" for 2334 DASH for 3 months--totaling 7002 DASH.
- If each "YES"-voting Master Node pays 8.875 DASH (roughly $99.83 USD today),
- this project would have enough funding to start immediately! The project will
- have already been on its way to completed for mid November!
- BEST OF ALL: you do not need to own a Master Node to vote for this! Simply vote
- with your DASH! The only address that will be used for voting / donations is:
- XxoppjLV4enbnNbEgiA5qk9upMVLG6TmCn
- QR: http://imgur.com/8cEvpek
- I am now proposing a crowd fund supplemented with next month's treasury budget,
- if next month's treasury budget is even necessary. This post contains an over-
- view of the entire proposal and its benefits.
- =================================== ===================================
- INTRO
- =================================== ===================================
- I believe that Wall of Coins integrating with DASH will be a better solution
- than "DASH ATM" and "Local-Bitcoins-like-DASH"; better for the short term, and
- better for the long term. Here are some quotes from different DASH community
- members:
- "I personally can't see a more pressing thing to spend it on right now."
- - -- thedesertlynx
- He also points out DASH ecosystem advantages not listed in the proposal.
- Look at the bottom posts of:
- https://www.dashcentral.org/p/dash-adoption-tools2
- "This is the first non-KYC/AML fiat gateway project. This is huge! It enables a
- user to anonymously transfer fiat anywhere. This closes the loop with the
- PrivateSend functionality with Dash." -- Solarminer
- https://www.dash.org/forum/members/solarminer.3405/
- "MN owners should give this proposal some serious consideration. Wasn't one of
- our objectives as a community to build an OTC fiat on-ramp? Here it is."
- - -- oaxaca
- https://www.dash.org/forum/members/oaxaca.1721/
- This is expensive, but amazing. Your proposal hits upon our most dire pain
- points explicitly. We've been talking-the-talk of "fiat on-ramps" for almost a
- year now. Your proposal *actually* addresses it. Voting yes." -- n00bkid
- https://www.dashcentral.org/p/dash-adoption-tools2
- "This is such an obvious need, money well allocated." -- hus6
- https://www.dashcentral.org/p/dash-adoption-tools2
- =================================== ===================================
- INSPIRATIONAL OBSERVATIONS
- =================================== ===================================
- I have a few observations with my Wall of Coins Dash Integration proposal:
- 1. Many individuals agree that this will be one of the most beneficial
- additions to the DASH community within the next 2-3 months.
- 2. The DASH community also feels that the proposed amount is too high of a
- cost for the current items to be budgeted. This concern is due to funds
- that can be allocated to Dash core developers.
- 3. Many understand that a proper OTC (Over The Counter) trading experience
- will greatly benefit the community's ability to liquidate DASH for local
- currency--only when it is necessary--without affecting the vulnerable
- DASH exchange value. Purchases through Wall of Coins give a relatively
- stable price to DASH for instant cash, rather than allowing big players
- (or hackers!) to harm the market value with large price dumps.
- 4. Others have referred to systems such as a "Fiat Access Gateways", and those
- are delighted to see that a step closer to this solution exists today. Wall
- of Coins is 2 years strong in making this a reality.
- https://www.dash.org/forum/threads/fiat-access-gateways-project-description-and-update.10290/
- ============= ============= ============= ============= =============
- LET ME PUT THIS INTO PERSPECTIVE FOR YOU, the non-WOC user.
- ============= ============= ============= ============= =============
- What does Wall of Coins do for the buyer?
- - -- The buyer types in how much Fiat they are looking to spend.
- - -- The 3 best rates and nearest locations are presented to the buyer.
- - -- The buyer selects the location, verifies their mobile phone, and then
- receives the payment instructions.
- - -- The buyer receives the coins within 15 minutes after purchase!
- What does Wall of Coins do for the seller?
- - -- The seller tells us how to contact them.
- - -- Seller then selects their Bank account OR Cash Account, this can be any
- means that they accept cash.
- - -- Seller inputs their payment details.
- - -- Seller then selects the price rate they want for each coin.
- - -- Seller sends coins to their advertisement. Done!
- - -- If "Dynamic Pricing" is selected, the seller selects the Primary Market
- that they want their price to follow. Should this market get hacked, such
- as what happened with Mt Gox, Bitstamp, Cryptsy, Bitfinex, etc., Wall of
- Coins makes the seller select a Secondary Market (Backup market). The price
- is grabbed from this market if the first market fails.
- - -- The seller can set a premium or discount percentage if their price will
- follow the price of another market.
- What does Wall of Coins do for apps? (Such as Dash-QT)
- - -- Dash-QT can offer the same EXACT (or better!) buying/selling experience as
- the Wall of Coins website. The website is actually a reference client for
- the developers!
- - -- This experience can be integrated into Dash-QT by using the Wall of Coins
- REST API.
- - -- Dash-QT will have an immediate revenue stream: nearly half (or more) of the
- revenue generated by collected fees is paid to wherever Dash-QT specifies.
- - -- Understanding this concept can be difficult to grasp. More more information,
- talk with a software developer and they can help to explain in more detail.
- What does Wall of Coins do for websites? (Such as Backpage.com)
- - -- Any websites that has been shut out, or "blockaded", from the world of
- credit cards can accept cryptocurrency; however, cryptocurrency is not easy
- for the website visitors / end users!
- - -- Backpage.com uses the Wall of Coins web widget for easy integration to
- easily receive bitcoin payments (currently) WITHOUT the end user realizing
- that they are using bitcoin. Image the benefits to all parties of using DASH
- instead.
- - -- What is the widget? It is some HTML to copy/paste onto your website to
- allow the website to use features on the Wall of Coins site. This is similar
- to a website using "Log in with Facebook" or Google Analytics HTML code to
- gain the benefits from Facebook / Google.
- - -- Backpage now receives payments easily AND they receive a commission for
- their payments. Wall of Coins is effectively a payment processor that pays
- their business to accept remote cash payments as Dash, while boosting the
- Dash marketshare!
- - -- Backpage users want their advertisements funded as soon as possible. With
- Wall of Coins and DASH Instant Send, this becomes a much better solution
- than using Bitcoin as the payment protocol!
- =================================== ===================================
- WALL OF COINS DATA METRICS
- =================================== ===================================
- Official Wall of Coins metrics, Sept 1, 2016:
- 1. Over 15,000 active users.
- 2. Our growth has expanded to 50-100 new users every day!
- 3. Nearly 1,000 selling advertisements -- and all of these sellers have to wait
- for the bitcoin blockchain before they can sell. Imagine with Dash Instant
- Send.
- 4. About 50 payment centers where people can pay cash.
- 5. The USA alone supports over 120,000 payment locations.
- 6. 12 Countries currently supported: view the website to find out which ones.
- 7. 15 "Publishers" (affiliates) using our API and/or Web Widget.
- 8. Average payout to publishers is 37% of fees collected.
- Given the highly flexible nature of the Wall of Coins platform, not only can
- we support every country, market, and payment method on the planet, but we can
- also add these to the system with easd "USPS Cash In Mail" to
- the system within 10 minutes. Staff training follows :)
- =================================== ===================================
- RULES & HANDLING OF CROWD-SOURCED FUNDS
- =================================== ===================================
- The crowd-sourced funds are all funds sent to the Dash address listed above.
- The New Proposal key points and how the funds will be handled are as follows:
- 1. Only this address will be used to receive crowd-funded donations for this
- proposal: XxoppjLV4enbnNbEgiA5qk9upMVLG6TmCn
- 2. Whenever funds move from this address, there will be an explanation and line
- item published on the future website: https://dash.wallofcoins.com
- 3. Once 1800 DASH is received, the project will begin immediately with our
- time-line set to release DASH/WOC integration within 3 months.
- Integration proposal: https://www.dashcentral.org/p/dash-adoption-tools2
- 4. Once 2334 DASH is received, the project will begin immediately with a time-
- line set to release DASH/WOC integration in 2 months.
- 5. By Mid-September, the "Wall of Coins Dash Integration" proposal will be
- published again with this information and additional answers for the Dash
- community. The new proposal will ask for 7002 DASH minus the amount raised
- with the crowd fund or the amount of DASH required depending on the budget.
- Wall of Coins explainer video created by a fan!
- https://www.youtube.com/watch?v=ZZfpxkILROE
- Why Cash for Cryptocurrency Is Necessary
- http://thedashtimes.com/2016/09/01/cash-crytpocurrency-necessary/
- e and speed. Someone asked whether or not
- Wall of Coins can accept "Cash In Mail", and I added "USPS Cash In Mail" to
- the system within 10 minutes. Staff training follows :)
- =================================== ===================================
- RULES & HANDLING OF CROWD-SOURCED FUNDS
- =================================== ===================================
- The crowd-sourced funds are all funds sent to the Dash address listed above.
- The New Proposal key points and how the funds will be handled are as follows:
- 1. Only this address will be used to receive crowd-funded donations for this
- proposal: XxoppjLV4enbnNbEgiA5qk9upMVLG6TmCn
- 2. Whenever funds move from this address, there will be an explanation and line
- item published on the future website: https://dash.wallofcoins.com
- 3. Once 1800 DASH is received, the project will begin immediately with our
- time-line set to release DASH/WOC integration within 3 months.
- Integration proposal: https://www.dashcentral.org/p/dash-adoption-tools2
- 4. Once 2334 DASH is received, the project will begin immediately with a time-
- line set to release DASH/WOC integration in 2 months.
- 5. By Mid-September, the "Wall of Coins Dash Integration" proposal will be
- published again with this information and additional answers for the Dash
- community. The new proposal will ask for 7002 DASH minus the amount raised
- with the crowd fund or the amount of DASH required depending on the budget.
- Wall of Coins explainer video created by a fan!
- https://www.youtube.com/watch?v=ZZfpxkILROE
- Why Cash for Cryptocurrency Is Necessary
- http://thedashtimes.com/2016/09/01/cash-crytpocurrency-necessary/
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- MacBook-Pro:~ rgenito$
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