Dear
@Nick Chant,
My comment on DC was:
"
I saw some intersting parts from my point of view.
unfortunately, the complexity and the time left to study this proposal. As well as the asking price in relation to the budget and the possible return on investment for Dash, make me vote no. I would not be against a smooth start with a smaller goal and a smaller funding request for the next cycle."
you come back with a proposition I'll take the time to study.
I'll start by sharing my impressions with you when I get to your proposal.
"
Executive summary:
Dash's biggest Marketing opportunity so far!"
Please let us judge this.
1) - By just reading these first two lines there was a good chance that I would not read the rest, or with a negative impression from the start, looking for information that could further discredit your proposal. And I can't be the only one.
Dealt with and removed - sorry about that . and is your decision as to whether this is a big marketing opportunity. We've reconstructed the proposal to be more factual. The question is do these mainstream and superstar artists sell music and have followings. It is the reliance on these that creates the platform size and marketing reach.
Why? In the MNO community, including myself, the relevance of promoting Dash artificially just to talk about it is increasingly questioned. In the sense, where it is more and more thought that if we fund adoption case proposals, the mainstream media will have matter to talk about us without having to pay promotion. Moreover promoting the use of Dash when it is relevant and sustainable by the project itself is the main goal.
even if your proposal is an adoption case, with this sentence you may lose the positive interest of the MNOs, from my point of view.
We have converted the proposal into more of a focus on infrastructure development and uptake. It's not just about getting wallets out of people but it's how to have these people use them.
2) - It is missing, upon arrival on your proposal, how and why dash will be used.
Which is vital information for us right from the start.
We take on board your suggestion of putting help Dash will be used from the start.
3) - Your presentation is certainly very understandable by people of your trade or revolving around this industry, it has not adapted to me. The words the references the concepts and the jargon, are not accessible to the greatest number without making an effort of comprehension, or with the risk of understanding the things expressed, in erroneous ways.
We got an overhaul of the tone of voice and hopefully this is jargon free now- all the terms are more expressed in Lehmans language if there is a specialist communication needed.
4) - Personally, in 1st, I am interested in what it can bring the project to Dash, bury users and number of transactions. With a medium to long term perspective. But in numbers.
As for example this type of presentation :
Highlights
- Dash Exclusivity: yes/no, if yes how long ? You 24 Months
- Escrow : no/yes with who ? Yes with Dash core team
- .DAO VENTURE : no/yes how much ? This service is not available yet from Dash, however, we have allocated $500,000 in stock for Dash and will make this available in a future contract.
- Proposal Category : adoption as paiement, full chaine adoption, .... Infrastructure developments and marketing adoption
- Economical sector: Music/Smart phone APPS/ ...both Music and smartphone apps
- Project roadmap: Dev X month / Test Y month / adoption usage Z mount : phase 1, phase 2 ....
- Please see our budgets that shows user up take in the assumptions - we do feel these are relatively conservative but probably a good way to view. I also draw your attention to the milestones and the chant journey in the proposal- we start with ourselves move onto small acts then to medium size finishing at superstar in year two. When you read the proposal in detail you'll get to see the journey that backs up the assumptions in the numbers.
- Data : transaction per day, new users per day, regular user per day, volume per day ....
- This is difficult to answer however through the various recording industry bodies we can calculate daily streaming and purchase from 50 small artists 30 medium size- and 10 large acts. This is where we plan to be in year you will see in the attached Google budget doc. There online media presence needs to be taken into account such as Youtube…. The daily usage of this number of combined artists is potentially in the hundreds of millions depending on touring schedules and release dates and then media programming - please see CHANT as a brand-new and potentially infectious idea- we are accessing large databases reliant on our pipeline of talent to provide the scaled reach. Fans will be signing up to CHANT for the access to their chosen artists - this spreadsheet is a conservative forecast . https://docs.google.com/spreadsheet...xo8rEJ-i7NdlXci_CMReroXX0Q/edit#gid=807514336
- Geography scope: Internationnal or so ....
- The music industry is Global. Europe and North America will be our starting points- we do believe however that the K-pop and Japanese far east market will be strong too.
- Customers: segment Youth and millennial though not restricted- we access the various artists fan bases. 16 to 35 year olds is a good target
- Business afiliates: Green trees ... Yes we want to plant has many trees as possible- Have planted 13 million - we can pick up on the existing projects- please see the attachment of the artist who have participated before which are being wrapped up into CHANT . This is the Forest PDF in the proposal.
- Ask funds: Phase one X Dash for Y month ....
- We have dropped the amount in half that was needed from Dash - we were originally going to ask the two amounts of 500,000 dollars into proposals- we have since found $500,000 from the team and from other investors. Half the cost of developing the project is now being met by us and our other contacts- around this amount has already been spent to get us this far.
- ...
This is just one example, it must be improved and adapted.
5) - Then a shemat graphically showing the use and circulation of the Dash.
From the 1st user through all stages. with various possibilities either to continue in the Dash chain or to end on an exchange.
We are working on a slide to show the user interface on the- will have this posted up soon .
a) - Concerning directly your project, without at first judging its relevance by itself, because it is still easier for the vast majority of people today to pay by credit card and your users will be able to pay either in Dash or in Fiat, why would they choose to pay in Dash by they own ?
This point has been taken on strongly and if you will see the Focus of the proposal has shifted and this is now an infrastructure development Focus. - all people to signup to chant automatically get wallet opened . Fans get benefits by using Dash
b) - Will each payment in Fiat be converted directly to Dash?
Yes
c) - Dash will be the application's internal unit of account where all prices will be displayed both fiat and Dash?
Yes
d) - some of the staff will be paid in Dash? if yes how many? 16 people - at full throttle- however we have an open source jamming band CHANT LIVE - many headline musicians have come along and played with us. in future we will be paying them and their expenses in Dash - and asking any musician who plays in our live show to communicate this..... This means we could be playing several hundred people -some have got quite a big following.
e) - Do you have a program for your suppliers to agree to be paid in Dash? If so, can you detail it?
