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  1. M

    Pre-Proposal Discussion: Dash to fund Tezos

    Legit project, very legit team. Arthur was VP at Morgan Stanley, after being at Goldman Sachs, Kathleen was Sr. Strategy at R3. Interesting idea, not to mention they plan to implement a governance model similar to Dash. Apparently have better language for coding smart contracts than ETH (I'm...
  2. M

    Pre-Proposal Discussion: Dash to Fiat Payment Processor

    If we are wasting money I intend to be vocal about it. It's similar to giving an endorsement. Just in the opposite direction. Yet no one complains about endorsements. Whether or not anyone likes what I have to say is pretty meaningless to me. More often than not they won't as I usually only...
  3. M

    Masternode Owners need to think like VCs

    You are spot on Eric!
  4. M

    Pre-Proposal Discussion: Dash to Fiat Payment Processor

    Evan mentioned at the last board meeting he felt we didn't have enough funds for projects. It's clear to me now that is not the case. We have enough funds for projects. What we have is a talent void and the inability to be selective about what we are funding. Evan is not addressing the right...
  5. M

    Pre-Proposal Discussion: Dash to Fiat Payment Processor

    You may be aligned but you are not positioned to succeed. Name dropping Daniel or whomever you want won't make you or your project look any more credible. Fyi, I'm Edward Moncada one of the founding board members of the Dash foundation. My partners and I review and invest in projects like...
  6. M

    Pre-Proposal Discussion: Dash to Fiat Payment Processor

    Jesus. My point is you provided nothing. Not to mention how are we to know Merchants would even find what you build useful? You've only provided this laughable site. http://www.dashstickers.xyz/
  7. M

    Pre-Proposal Discussion: Dash to Fiat Payment Processor

    Dartpayments, you've shown nothing professional about your project in any way. You've made no effort to put together a seasoned team. You've done nothing to show what you want to build or how you plan to execute. You are not the right people to pull off this project, so yes it's simply going...
  8. M

    Pre-Proposal Discussion: Dash to Fiat Payment Processor

    Without a seasoned team this is simply a waste of money.
  9. M

    Pre-Proposal Discussion: Dash to Fiat Payment Processor

    Put together a seasoned team with experience and we may reconsider. What we expect is not unreasonable.
  10. M

    Pre-Proposal Discussion: Dash to Fiat Payment Processor

    Yea. You've basically answered none of my important questions. I could hire an indian programer off of UpWork to build me dashstickers.xyz. Who on your team has a history with Fintech or payment processing? If the answer is no one, then I'm going to rally that this not get funded. These...
  11. M

    Pre-Proposal Discussion: Dash to Fiat Payment Processor

    Ok I misunderstood what your intention was. However, even if you are going after merchant processing I think the amount of funds that you are trying to launch with will not be close to enough to start the type of business that you are proposing. Keep in mind Bitpay's seed round of funding was...
  12. M

    Pre-Proposal Discussion: Dash to Fiat Payment Processor

    Well another thing they don't realize is that Coinbase has monopolized the market in the US because of their relationship with Silicon Valley Bank. This has provided them with the ability to do ACH transfers. Unfortunately no other company has this and no other banks are providing this, which...
  13. M

    Pre-Proposal Discussion: Dash to Fiat Payment Processor

    From my experience, what they are asking for is not nearly enough funds to get this company started. AML/KYC compliance in the US alone will cost around $1M to properly set up on a state by state basis. I know because I work closely with the same attorneys that work with Poloniex, GoCoin, and...
  14. M

    Budget System v2 / Transform PR

    Fwiw, I spoke with people who've directly worked with Terpin. No second or third hand stories. But to be thorough let's not just take my word for it. If Terpin is in fact quite successful at other PR projects like you say, then please show me a list of ALTCOIN articles that he managed to get...
  15. M

    Budget System v2 / Transform PR

    Hi TantaStefana. So after I was told that we were thinking of using Michael Terpin, I called around. He has a reputation of promising major publications but doesn't deliver. I can't find a single example of a PR campaign he did on an Altcoin that was able to get press releases in a major...
  16. M

    Budget System v2 / Transform PR

    Tungfa, I realize that you guys are doing a lot of work on the PR front, and I have much respect for that. By no means do I want to take anything away from that or seem ungrateful with this post. I'm going to run through this exercise not because I'm trying to discredit the value of PR but...
  17. M

    Budget System v2 / Transform PR

    I disagree with you here. The list of publications that Terpin delivered to us in no way brought new money into the Dash ecosystem. Within crypto, people are already well aware of Dash. The kind of reach he gave us in my opinion would not have affected the price of Dash (not to mention, some...
  18. M

    Transform PR project closure report

    David Johnston has a history of fumbles in crypto. Originally with Mastercoin he promised he would not be selling his position and later reversed his position after so many invested, which upset and burned a lot of people. He is behind Factom now, and eventually had an ICO where coins were...
  19. M

    Transform PR project closure report

    This is silly Tungfa. I understand why certain things in PR / Marketing are not made public before they are released to news outlets. But the simple list i'm talking about are of articles that have already been released.
  20. M

    Transform PR project closure report

    I would like to see the list of 20 stories as well. It's difficult to properly evaluate without it.
  21. M

    January 2016 Budget Proposal

    Hi I don't post on here very much, but one of the proposals has me a bit concerned so I thought I should vocalize my thoughts. While Michael Terpin does appear to have good credentials in PR and while he may be connected to major publications like the Wall Street Journal and the New York Times...
  22. M

    Self-sustainable Decentralized Governance by Blockchain

    The same dangers exist with funding startups. Yet somehow they manage to work. It really comes down to people and execution. A good example is people in crypto will even fund anon devs. This simply doesn't happen in the real world. It's definitely not an issue with the process as it's...
  23. M

    Self-sustainable Decentralized Governance by Blockchain

    You completely miss the point.
  24. M

    Self-sustainable Decentralized Governance by Blockchain

    The payback structure would exactly match how it was taken. You vote for 15% allocation to the program. If the overall SDGB program fails then you vote to end it. It inherently takes a longer view, and avoids constant no votes on projects because people want to give up less.
  25. M

    Self-sustainable Decentralized Governance by Blockchain

    You think those financial incentives are the same as those held by top management in publicly traded companies? They are dramatically different which will result in a completely different dynamic.
  26. M

    Self-sustainable Decentralized Governance by Blockchain

    If that were true there wouldn't be countless examples of how this model successfully works in the public markets.
  27. M

    Self-sustainable Decentralized Governance by Blockchain

    Not true. If so, you would point out that the 15% allocation model (that you refer to as mandatory donation model) has an extremely large pro which is that it is more aligned with the long term goals of Dash akin to a publicly traded company has a budget committee. Having people constantly...
  28. M

    Self-sustainable Decentralized Governance by Blockchain

    ^^^ This is a very biased presentation of the options.
  29. M

    Self-sustainable Decentralized Governance by Blockchain

    Also worth noting, anyone trying to compare this to failed government budgeting programs is making a seriously flawed comparison. This program would be more akin to what we see in large publicly traded companies like Apple or Microsoft that have budget committees...
  30. M

    Self-sustainable Decentralized Governance by Blockchain

    I haven't had the time to closely read all 16 pages of this thread, but while skimming it I noticed a couple of things. In particular, I want to reinforce that it is important that the funds released cannot be voted back to the Masternodes, unless the entire SDGB project is a failure and...
  31. M

    Self-sustainable Decentralized Governance by Blockchain

    David you are exactly right. The idea is that funds are set aside to be used ONLY for the advancement of Dash or it's ecosystem. MN holders then decide where best to apply these funds. I'm a big believer in the wisdom of crowds and this will be a fantastic application of it. If money is...
  32. M

    Self-sustainable Decentralized Governance by Blockchain

    I'm excited to be a part of this.
  33. M

    user masternode

    Btw, you can read as to how I came about joining the board on the following thread, but I've also put my response here below: https://dashtalk.org/threads/a-word-about-the-foundation-its-mission-and-directors.4616/ "Yes, Evan knew I had access to resources that could help make this happen [the...
  34. M

    A word about the Foundation, it's mission and directors

    Yes, Evan knew I had access to resources that could help make this happen. I recommended an attorney I've worked with in the past, Harold Boo, whom has experience structuring 501(c)6 legal entities and has had interest and involvement in cryptocurrencies prior. Anyone who knows Harold knows...
  35. M

    Official Statement On Rebranding To Dash

    This is just so good. +1M
  36. M

    Rebranding and Scalability

    DASH is a pretty perfect name. It opens doors for the coin while clearly embodying the coins key features in the name (speed and anonymity). DASH is obviously another term for fast, and sounds like word Cash (which as everyone knows cash is anonymous), and can be seen both as short for...
  37. M

    Rebranding and Scalability

    Dash can also be seen as short for Dark Cash. I'm suprised no one even realized this, as it really contributes to how ideal the name really is.