*** UPDATE : 26 OCT: NEW RESEARCH REPORT + SURVEY RESULTS RELEASE ***
Over the last month, Dash India has been working on revamping our research report. We are pleased to release it to the network today. This report contains material and analysis on the Indian Remittances Space and also...
PRE PROPOSAL - DASH INDIA - PROMOTING DASH USE FOR CRYPTO REMITTANCES TO INDIA,
PROJECT SUMMARY
India is the world’s largest Remittance Market and amongst the fastest growing major economies in the world (+7.4%). Every year, Indians send nearly $65 Billion back home and pay $5 Billion in...
@AlejandroE Thank you so much for viewing our work ! We really appreciate it.
PrivateSend holds great importance for India as the people here like to be very discreet about their financial affairs. Indians are wary of declaring personal assets and suspicious of things that may go public...
@solarguy
Experts say petitioners will likely attempt to use the response to show how the RBI’s decision did not rely on credible or neutral evidence of harm. This may affect the constitutionality of the RBI’s guidance...
Hi Ananth
There is no blanket ban on cryptocurrency in India so far; Some of the notifications have been misinterpreted by the media.
The RBI notification has advised banks to unwind their relationships with crypto-exchanges over the next months. However this has been challenged by them in...
Dear Jol,
We have updated our milestones and progress on Dash watch. They should hopefully post it soon.
We are working parallely on three things -
1. Research Report : the team is currently working on the draft report.
2. Guide to Remittances : We are collecting and compiling information...
Hi @Arthyron !
Regulations have been in a state of flux and we have factored this in during our preliminary research.
We will be increasing emphasis on using peer to peer exchanges for conversion as an additional method to convert Dash into local fiat.
Having said that, existing exchanges...
Hi Pieter, Thank you for writing in.
I just replied to your comment on Central too. Would love to see the ad. Please inbox me a link here or Discord, wherever works for you :)
Thank you @RobbyDash01 ! We are happy to receive so many positive comments and support, and look forward to delivering results that can help Dash grow in India.
Hi Jesus ! Thank you so much for your comments. We had tweaked our proposal based on the valuable feedback we received here and submitted our final proposal at DashCentral where it is currently up for voting. We have spoken more about our Incentives program in the final proposal -...
Thanks @AlejandroE I agree with you, the InstantSend feature and low transaction fees make Dash the ideal face of Remittances across the globe, from India to Venezuela :) If a currency can help families, what could be better than that !
Thank you @RobbyDash01 for your support. We hope to make it through and get cracking on it : ) Remittances in India is such a massive opportunity for Dash and we really want to make it count.
T
Thanks so much Mohit. We can definitely collaborate and bring this out in a big way if our proposal passes. Looking forward to connecting further with you if we get approved. Appreciate your support !
Hi guys ! Thank you for your comments & feedback. It has helped strengthen our proposal. It is now live on Dashcentral : https://www.dashcentral.org/p/Dash-adoption-for-india-remittances
Thanks @Showny M. Azar Raheb @RobbyDash01 @Arthyron @Dashmaximalist @AlejandroE :)
Hi, I'm sorry I missed this comment here. We would love to talk further with you, let me inbox you by tomorrow or if there's any other way to connect, please inbox. Thanks !
Thank you for writing in, AlejandroE. Your idea is fantastic and we should definitely find ways to collaborate. I hope to reconnect soon with a plan of action. Cheers !
Thank you for your thoughtful feedback, @Arthyron Answering point-wise :
1. The proposal seeks to cover three primary areas :
A. Market Research : Analysing the major channels of remittances and India’s ability to remit via Dash. We seek to draw up a comprehensive research report for the Dash...