thedesertlynx
Active member
The following is a crowdfund and pre-proposal for Dash Growth, a new initiative for growth marketing and business development for Dash.
Challenge
Historically, the vast majority of Dash’s business development and marketing has been done by Dash Core Group, especially in periods of lean treasury. Right now, DCG is doing neither. Due to staffing cuts, there is no one doing business development or marketing for Dash at all.
To be clear: there is no one in charge of posting regularly from the official Twitter account or on other platforms. There is no one responsible for answering business development inquiries or partners like exchanges and wallets. This gives Dash the appearance of a completely dead coin, and we can expect a series of delistings and service disruptions if this continues. The situation is critical.
Opportunity
Thankfully, we have all the tools to easily not only reboot previous maintenance of essential functions, but also grow rapidly and expand our user base and visibility in 2024 onwards. Dash is an old and well-tested cryptocurrency project with major integrations in services the world over, has an established brand, and, most importantly, is the most practically useful and user-friendly digital cash in the world right now. We essentially have a great product with few users and little visibility, primed for a relaunch.
The original promise of cryptocurrency, that of decentralized digital cash, has largely been unfulfilled 15 years into the technology’s existence. The rest of the space has chased store-of-value, decentralized applications, and finance, but no one has successfully taken digital cash to market. I believe that Dash is the best digital cash in the world, as evidenced by my personal choice to overwhelmingly use it as my money for the past 7 years and counting. We have an enormous opportunity for growth here.
Especially with the start of the next bull market, and potentially the Evolution launch, the timing is good to make Dash come alive again and ride a wave, giving momentum and additional funds to make a lasting impact in adoption.
Plan
We will start a new DFO, Dash Growth, to handle business development and marketing for Dash. This will consist of two full-time employees, myself and Marina Siradegyan (former Dash Core Group communications officer). We will take over business development duties from where DCG left off, including engaging with partners (wallets, exchanges, etc.), rekindling lost relationships, and forming new ones. We will focus on growing Dash in strategic services as much as possible to increase its network effects in service of the digital cash use case, and heavily push for support of Dash’s special features (InstantSend, ChainLocks, and PrivateSend).
Additionally we will leverage current Dash assets to create a content-based marketing approach, building reach and visibility for Dash with a low-cost approach, leveraging partners wherever possible for mutual collaboration and promotion. We will supplement this low-cost growth strategy with several ad campaigns (as many as budget allows for) targeted for maximum reach and conversions per dollar. Please see our Dash Growth Marketing Plan outline.
NOTE! The above plan is largely for Dash the cryptocurrency as it stands today, with currently-available or soon-to-be-released end-user products. When Evolution launches fully on mainnet in a stable manner with adequate documentation and developer tooling, we will explore a second growth marketing plan to run in parallel with this one which focuses more on decentralized applications and developers.
Hybrid model
In order to improve sustainability, align incentives, and increase our accountability, we are pursuing a hybrid model where we receive part of our funding through voluntary community donations. By doing this we not only demonstrate that Dash can fund essential functions outside of the treasury’s constraints and masternode votes, but will also directly make ourselves accountable to individuals who donate their hard-earned money to make Dash succeed.
In summary, we’re fundraising the first installment of our expenses through voluntary donations, and only after we have shown there is real demand for our work will we pursue the remainder of our funding through the treasury. Full reasoning for this incentive model can be found in the Dash Structure document.
Ask
We are asking for 350 Dash. This should cover one month’s expenses and salaries, and will be held in reserve in case of a successful proposal being later de-funded, to give staff a one-month notice to wind down operations.
If the 350 goal is reached, but a treasury proposal fails, it will be used to fund a 6-month contract for a part-time business development role (after which we will re-evaluate further options).
If the 350 goal is not reached, all funds will be refunded to donor addresses.
Please donate to the following address, formerly the main address of the Dash Marketing Hub:
XjRx5Xj9G4kE4gvLT6GQKmvWMrtGPtUjkS
Donor perks
To thank donors for spending purely their own funds (as opposed to Treasury funds, which essentially come from every Dash holder) to make this proposal possible, we are prepared to give additional perks for donors of 5 or more Dash (please send me @thedesertlynx a message with the TXIDs of donations unless you wish to remain anonymous):
- Daily activity log (how hours spent doing what)
- Weekly updates and exclusive AMA (monthly updates will be provided to the greater community)
-Individual donor name/alias shout-outs (unless anonymity is explicitly requested) on proposals and the monthly Dash Podcast
-Dash Podcast NFT/superchat access, regular Afterparty invite
We have spent the past decade building the best digital cash in the world. In order to continue to do so, however, we need serious user and partnership growth. I believe that we can achieve this over the next few years through effective growth marketing and partnerships, and we are prepared to give everything we have to achieve this goal.
This document’s text (excluding this sentence) has been signed by the above address here:
H09vy8DcxSWncvNurXeD9xJV/iO6acAStEQUTTYcxJ5DNFrNSEInu16PeyAr3dm4gvJfY3xMg2rYI6NQejxvQ9U=
UPDATE
We have reached our fundraising goal! Thank you to our generous donors. If you donated, please remember to to message proof of donation so that you can be assigned the requisite donor perks.
Challenge
Historically, the vast majority of Dash’s business development and marketing has been done by Dash Core Group, especially in periods of lean treasury. Right now, DCG is doing neither. Due to staffing cuts, there is no one doing business development or marketing for Dash at all.
To be clear: there is no one in charge of posting regularly from the official Twitter account or on other platforms. There is no one responsible for answering business development inquiries or partners like exchanges and wallets. This gives Dash the appearance of a completely dead coin, and we can expect a series of delistings and service disruptions if this continues. The situation is critical.
Opportunity
Thankfully, we have all the tools to easily not only reboot previous maintenance of essential functions, but also grow rapidly and expand our user base and visibility in 2024 onwards. Dash is an old and well-tested cryptocurrency project with major integrations in services the world over, has an established brand, and, most importantly, is the most practically useful and user-friendly digital cash in the world right now. We essentially have a great product with few users and little visibility, primed for a relaunch.
The original promise of cryptocurrency, that of decentralized digital cash, has largely been unfulfilled 15 years into the technology’s existence. The rest of the space has chased store-of-value, decentralized applications, and finance, but no one has successfully taken digital cash to market. I believe that Dash is the best digital cash in the world, as evidenced by my personal choice to overwhelmingly use it as my money for the past 7 years and counting. We have an enormous opportunity for growth here.
Especially with the start of the next bull market, and potentially the Evolution launch, the timing is good to make Dash come alive again and ride a wave, giving momentum and additional funds to make a lasting impact in adoption.
Plan
We will start a new DFO, Dash Growth, to handle business development and marketing for Dash. This will consist of two full-time employees, myself and Marina Siradegyan (former Dash Core Group communications officer). We will take over business development duties from where DCG left off, including engaging with partners (wallets, exchanges, etc.), rekindling lost relationships, and forming new ones. We will focus on growing Dash in strategic services as much as possible to increase its network effects in service of the digital cash use case, and heavily push for support of Dash’s special features (InstantSend, ChainLocks, and PrivateSend).
Additionally we will leverage current Dash assets to create a content-based marketing approach, building reach and visibility for Dash with a low-cost approach, leveraging partners wherever possible for mutual collaboration and promotion. We will supplement this low-cost growth strategy with several ad campaigns (as many as budget allows for) targeted for maximum reach and conversions per dollar. Please see our Dash Growth Marketing Plan outline.
NOTE! The above plan is largely for Dash the cryptocurrency as it stands today, with currently-available or soon-to-be-released end-user products. When Evolution launches fully on mainnet in a stable manner with adequate documentation and developer tooling, we will explore a second growth marketing plan to run in parallel with this one which focuses more on decentralized applications and developers.
Hybrid model
In order to improve sustainability, align incentives, and increase our accountability, we are pursuing a hybrid model where we receive part of our funding through voluntary community donations. By doing this we not only demonstrate that Dash can fund essential functions outside of the treasury’s constraints and masternode votes, but will also directly make ourselves accountable to individuals who donate their hard-earned money to make Dash succeed.
In summary, we’re fundraising the first installment of our expenses through voluntary donations, and only after we have shown there is real demand for our work will we pursue the remainder of our funding through the treasury. Full reasoning for this incentive model can be found in the Dash Structure document.
Ask
We are asking for 350 Dash. This should cover one month’s expenses and salaries, and will be held in reserve in case of a successful proposal being later de-funded, to give staff a one-month notice to wind down operations.
If the 350 goal is reached, but a treasury proposal fails, it will be used to fund a 6-month contract for a part-time business development role (after which we will re-evaluate further options).
If the 350 goal is not reached, all funds will be refunded to donor addresses.
Please donate to the following address, formerly the main address of the Dash Marketing Hub:
XjRx5Xj9G4kE4gvLT6GQKmvWMrtGPtUjkS
Donor perks
To thank donors for spending purely their own funds (as opposed to Treasury funds, which essentially come from every Dash holder) to make this proposal possible, we are prepared to give additional perks for donors of 5 or more Dash (please send me @thedesertlynx a message with the TXIDs of donations unless you wish to remain anonymous):
- Daily activity log (how hours spent doing what)
- Weekly updates and exclusive AMA (monthly updates will be provided to the greater community)
-Individual donor name/alias shout-outs (unless anonymity is explicitly requested) on proposals and the monthly Dash Podcast
-Dash Podcast NFT/superchat access, regular Afterparty invite
We have spent the past decade building the best digital cash in the world. In order to continue to do so, however, we need serious user and partnership growth. I believe that we can achieve this over the next few years through effective growth marketing and partnerships, and we are prepared to give everything we have to achieve this goal.
This document’s text (excluding this sentence) has been signed by the above address here:
H09vy8DcxSWncvNurXeD9xJV/iO6acAStEQUTTYcxJ5DNFrNSEInu16PeyAr3dm4gvJfY3xMg2rYI6NQejxvQ9U=
UPDATE
We have reached our fundraising goal! Thank you to our generous donors. If you donated, please remember to to message proof of donation so that you can be assigned the requisite donor perks.
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