DASH – FIAT gateway proposal

JZA

Active Member
Jan 4, 2016
516
226
113
Cancun
alexandro.biz
Dash Address
XmZ3aBBWJdYa6hUJkWbTvwHMwMscmHQFNH
Summary:

Develop the first DASH gateway for DASH – COP (Colombian Pesos,) MXN (Mexican Pesos), VEF (Venezuelan Fuerte) on Latin-America to ease the adoption of digital payments from anywhere. Targeting a cross-country expansion around latin america. Ease the adoption and reception with cryptocurrencies on any establishment from street sellers to large companies and online businesses.

Who we are:

My name is Arley Lozano, aka Vakano user and specialist of cryptocurrency and mining. Me along the team of software developers Chrstian Rojas and Javier Bayona we have a startup that wants to become the first in latinamerica to hold a gateway based on DASH that can make it easy for merchants to receive payments on their local currency with no complications.

The project we are developing has a reach on all type of businesses and even people with no computer or smartphones can have access through SMS technology.

Targets:

  • Offline payments - (only need to receive SMS alerts only needs to receive on cancelations)
  • Online shopping – Integration with web apps and massive reach not only locally but globally thanks to DASH
  • POS Integration – popular accounting and point of sale solutions. (future phase)
  • Business integration – to a macro level implementations (future phase)

Our solution will solve the problem of users needing to have extensive technological knowledge of exchanging from crypto to fiat on a recurring time slot, it can be 5 to 7 business days depending on the type of business.

Our process will allow the user to type the price quote and type of cryptocurrency and in return it will display a QR code or special token code.
 
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JZA

Active Member
Jan 4, 2016
516
226
113
Cancun
alexandro.biz
Dash Address
XmZ3aBBWJdYa6hUJkWbTvwHMwMscmHQFNH
At the moment is more about structure and requirements, we still dont have a verification on all costs as well as defining the stages since this is a long term project. We would need to define subprojects.
 
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Acedian

Member
Mar 17, 2017
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Dash Address
XeMABbcebB5yeZH2HxsV7yLNJA9hbzMgpz
Costing details. Other than that, I like what you are proposing.
 

Instacoins

Member
May 27, 2017
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We are Working on something similar in denmark. This clearly Sounds like a commercial business. I am surprised as in why you would want to get funded.
 

JZA

Active Member
Jan 4, 2016
516
226
113
Cancun
alexandro.biz
Dash Address
XmZ3aBBWJdYa6hUJkWbTvwHMwMscmHQFNH
thanks for your reply Instacoins, this is not the only company that seeks funding, many others such as wall of coins, alt35, and others seek funding from the DASH community to further the availability of DASH around the world. From DASH ATM, to POS integrations, all these represent business for the administrators, and I understand is a 'grey area' but I see it as a form of ICO in the DASH community and just like Ryan Taylor said, we need to enterprise many new things so DASH can really grow exponentially more than sequentially.
 

TroyDASH

Well-known Member
Jul 31, 2015
1,254
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So what exactly is the product? There is a team of software developers, you want to make a fiat gateway and it has something to do with SMS? How would it work?
 

Instacoins

Member
May 27, 2017
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Well the "growth" shouldnt be exponentially. Thats the last thing everyone should want. I do already have issues with purchasing dash in decent quantities to market price. dash/BTC is currently stabilazing at 0.05 BTC which is nice. I wouldnt pay money to destroy that. We are currently setting up an exchange in denmark. We have made some nice contacts to fight the chargeback Problem. If you dont have sufficient investment for your idea maybe we can coorperate in a certain way. I do think that coorperations in the crypto world should work a lot closer together.
 

MizzyMax

Member
Feb 14, 2017
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Personally integrations I feel never work. It gets us abolutly no where. We need to create our own infrastructure and in doing so others will create infrastructure around us.
 

camosoul

Grizzled Member
Sep 19, 2014
2,261
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You might want to see what @kodaxx is up to... There's been a lot of money thrown at this fiat gateway stuff with no results, not to mention how late to the game it all is... The MNOs seem to have no concern for follow through or competence...

Had it ready to go 2 years ago...
 

Instacoins

Member
May 27, 2017
51
5
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27
You might want to see what @kodaxx is up to... There's been a lot of money thrown at this fiat gateway stuff with no results, not to mention how late to the game it all is... The MNOs seem to have no concern for follow through or competence...

Had it ready to go 2 years ago...
I agree that they are too late and I also dont think it will get a majority. If you had this ready 2 years ago you could have made shit loads of money when china started having visa cards problem last year. I also did excessive research prior to starting develop this in dash and I couldnt find anything. Why have you not launched your project?
 

ec1warc1

Active Member
Jul 26, 2016
318
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Hello everyone. Vakano travelled from Cucuta Colombia to Medellin Colombia and met with me and Paula tonight. We discussed at length how he can improve his business plan and his proposal to the masternode community. It was an interesting meeting. Vakano has a longstanding reputation in the bitcoin community and represents bitcoin.com in Colombia. Paula and I plan to visit Vakano in Cucuta later this year. Saludos amigos!
 
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MizzyMax

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Feb 14, 2017
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Hello everyone. Vakano travelled from Cucuta Colombia to Medellin Colombia and met with me and Paula tonight. We discussed at length how he can improve his business plan and his proposal to the masternode community. It was an interesting meeting. Vakano has a longstanding reputation in the bitcoin community and represents bitcoin.com in Colombia. Paula and I plan to visit Vakano in Cucuta later this year. Saludos amigos!
Personally I think the proposal needs to be completely re-done and needs to implement another idea. We can't force these businesses to accept Dash, it needs to happen naturally as people start to see it's value.

I don't think we should even think about creating gateways for businesses to just dump Dash for fiat, that is just the worst idea. It causes the coin to drop in value as it's spent. but yet one did just get passed for a Dash to fiat gateway... A fiat to Dash gateway is great, and that proposal got shut down.... so I'm lost lol does Dash want people to sell their Dash? Are we really finding it so hard to buy something with Dash that we are completely fine if the merchant just sells it when you buy something ? The whole entire idea doesn't make sense.
 

Javier Bayona

New Member
May 31, 2017
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Personally I think the proposal needs to be completely re-done and needs to implement another idea. We can't force these businesses to accept Dash, it needs to happen naturally as people start to see it's value.

I don't think we should even think about creating gateways for businesses to just dump Dash for fiat, that is just the worst idea. It causes the coin to drop in value as it's spent. but yet one did just get passed for a Dash to fiat gateway... A fiat to Dash gateway is great, and that proposal got shut down.... so I'm lost lol does Dash want people to sell their Dash? Are we really finding it so hard to buy something with Dash that we are completely fine if the merchant just sells it when you buy something ? The whole entire idea doesn't make sense.
The way We see it, this project will help to increase the acceptance and circulation of Dash, which is the purpose of every crypto currency, for example, we're in the limits with Venezuela which is a market that struggles controlling their currency inflation. Giving them the opportunity of buying products for basic sustenance here in Colombia using Dash, is going to create an effect of use of the currency, and knowing the past effects with this kind of changes in trading rules, it will create a domino effect, even causing people who already has another crypto currency, to change it for Dash, just for make it useful.

Also, when the merchants understands the increaseable value of the currency, will want to keep their dash, we know that because we have test this idea with some local merchants and those who truly understands the power of Dash, have said it'll be great being able to keep those Dash received as payments.

With that said, in summary, we're in front of the opportunity to make Dash not just to grow in capital, but also making them an alternative to economy and money circulation.

Sent from my ALE-L23 using Tapatalk
 

TroyDASH

Well-known Member
Jul 31, 2015
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I still don't understand what you are even trying to develop. If I am an end user how would I use this service? Take me through the process flow.
 

MizzyMax

Member
Feb 14, 2017
168
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The way We see it, this project will help to increase the acceptance and circulation of Dash, which is the purpose of every crypto currency, for example, we're in the limits with Venezuela which is a market that struggles controlling their currency inflation. Giving them the opportunity of buying products for basic sustenance here in Colombia using Dash, is going to create an effect of use of the currency, and knowing the past effects with this kind of changes in trading rules, it will create a domino effect, even causing people who already has another crypto currency, to change it for Dash, just for make it useful.

Also, when the merchants understands the increaseable value of the currency, will want to keep their dash, we know that because we have test this idea with some local merchants and those who truly understands the power of Dash, have said it'll be great being able to keep those Dash received as payments.

With that said, in summary, we're in front of the opportunity to make Dash not just to grow in capital, but also making them an alternative to economy and money circulation.

Sent from my ALE-L23 using Tapatalk
I truly think our only option is to not create the fiat gateway for merchants. You'll start to see merchants having more stories like the "10,000 bitcoin pizza" story. Imagine that pizza place could create a huge franchise just because of 1 purchase and build a huge empire just from accepting crypto.

we need to see acceptance first for adoption. And merchants immediately selling Dash when received isn't acceptance
 

Javier Bayona

New Member
May 31, 2017
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I truly think our only option is to not create the fiat gateway for merchants. You'll start to see merchants having more stories like the "10,000 bitcoin pizza" story. Imagine that pizza place could create a huge franchise just because of 1 purchase and build a huge empire just from accepting crypto.

we need to see acceptance first for adoption. And merchants immediately selling Dash when received isn't acceptance
About that pizza story just to give some facts, I know from the principal source that was slightly different, the bitcoin buyer(already interested in buying cryptocurrencies) just sent a pizza and payed with real money, and the guys who received the pizza sent the coins to the buyer, so the pizza place wasn't involved, also it would be so difficult to create that kind of trust in a commercial business already constituted.

And about the fear of losing capital, we have to be conscious that the economic system can't be changed instantly, we understand the philosophy of cryptocurrencies is precisely generate that change gradually. Currently, the dash users can use a debit card, but that would represent a biggest outflow of the total capital of dash, we're offering the opportunity of use just the amount they need for an specific trade.

Also, just to make the things clear, the business owners will fix the prices in the local fiat, but in the moment of payment the amount of dash will be calculated according to the current market value.




Sent from my ALE-L23 using Tapatalk
 
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Javier Bayona

New Member
May 31, 2017
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I still don't understand what you are even trying to develop. If I am an end user how would I use this service? Take me through the process flow.
Thanks for the interest, we're making a graphic process flow to make it easier to understand the project, in a few hours you'll be able to see it.

Sent from my ALE-L23 using Tapatalk
 

MizzyMax

Member
Feb 14, 2017
168
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About that pizza story just to give some facts, I know from the principal source that was slightly different, the bitcoin buyer(already interested in buying cryptocurrencies) just sent a pizza and payed with real money, and the guys who received the pizza sent the coins to the buyer, so the pizza place wasn't involved, also it would be so difficult to create that kind of trust in a commercial business already constituted.

And about the fear of losing capital, we have to be conscious that the economic system can't be changed instantly, we understand the philosophy of cryptocurrencies is precisely generate that change gradually. Currently, the dash users can use a debit card, but that would represent a biggest outflow of the total capital of dash, we're offering the opportunity of use just the amount they need for an specific trade.

Also, just to make the things clear, the business owners will fix the prices in the local fiat, but in the moment of payment the amount of dash will be calculated according to the current market value.




Sent from my ALE-L23 using Tapatalk
Well then that sucks for the pizza shop. That's an example of what could have happened then and what should have happened. Businesses are missing out, need to show them that type of value is here.

Why are you currently invested in crypto? You fear your going to lose all your money? Or do you actually see it's potential as a currency and see its value? I see it as a gradual switch over obviously, as merchants accept Crypto and see that it's constantly increasing in value they will not only just accept it but promote it! Giving discounts to people who buy with it.

Along with the 3% cut they will now cut out from merchant services. I think that merchants will like to see them actually cutting out the middle man your trying to work with. That's another incentive for merchants to accept Dash.

Personally myself I will never ever support any merchant that will just dump my Dash. Decreasing the value of my Dash. I will go out of my way to not purchase through them.

And let's be honest no one is urgent to buy anything with Dash, stores will not be losing any customers not accepting crypto through your merchant services integration. consumers need incentives to! If I go to a store that says $5 for an item but $4.50 if bought with crypto you bet I'm buying it in crypto. There's a fee to get into crypto and it needs to be made up for. That's what we truly need done.
 

Javier Bayona

New Member
May 31, 2017
4
3
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Well then that sucks for the pizza shop. That's an example of what could have happened then and what should have happened. Businesses are missing out, need to show them that type of value is here.

Why are you currently invested in crypto? You fear your going to lose all your money? Or do you actually see it's potential as a currency and see its value? I see it as a gradual switch over obviously, as merchants accept Crypto and see that it's constantly increasing in value they will not only just accept it but promote it! Giving discounts to people who buy with it.

Along with the 3% cut they will now cut out from merchant services. I think that merchants will like to see them actually cutting out the middle man your trying to work with. That's another incentive for merchants to accept Dash.

Personally myself I will never ever support any merchant that will just dump my Dash. Decreasing the value of my Dash. I will go out of my way to not purchase through them.

And let's be honest no one is urgent to buy anything with Dash, stores will not be losing any customers not accepting crypto through your merchant services integration. consumers need incentives to! If I go to a store that says $5 for an item but $4.50 if bought with crypto you bet I'm buying it in crypto. There's a fee to get into crypto and it needs to be made up for. That's what we truly need done.
I would like to thank you for this discussion, clearly your conclusions and your point of view are extremely valuable for the proposal we're building. We think now we understand what's your position about it, and we're going to keep working with that in mind.
 

Biltong

Active Member
Mar 22, 2017
363
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113
Dash Address
XmPNBEQyaVNyFudWL3hhhcWfkdYK6T9nCF
Proposal Evaluation Committee

Hi JZA

Just want to find out if you are planning to submit your proposal officially, i.e. Pay the 5 Dash to submit it?
If so, do you agree to the PEC (Proposal Evaluation Committee) assisting you in preparing your Pre-Proposal?

The way we do it is to give a Report on your Proposal highlighting areas that you can improve.
As you improve the Proposal the Report is adjusted and this may be done a number of times (up to 5 or more), each time the chance of your Proposal being accepted by the MNO’s will increase.

The Report also has another function:
To give the Pre-Proposal a percentage mark. This percentage will make it possible to give the MNO’s and community a prioritized List of Evaluated Proposals. This list will save everyone time and increase the chance of your Proposal gaining votes.

However, please be aware that the PEC has not officially been accepted by the MNO’s. We are also in the Pre-Proposal phase, so you have no obligation to partake.
If you want to know who will be doing the Evaluations – see here: Official PEC Pre-P https://goo.gl/qrbeXK

If you do want to use our services (note this is a free service)
1. Please PM me on the Dash Pre + Budget Proposal Discussions Forum indicating agreement.
2. and if you have not done this yet, please read: How to submit a Dash Pre-Proposal https://goo.gl/7jmwXQ
3. Once you have read it you might want to adjust your Pre-Proposal before we submit the 1st Report, so I will wait for you to give us the go-ahead before we start the evaluation process.

If you don’t want the PEC to evaluate the Proposal – please PM me as well, then I won’t bug you again for an answer ;)

Good luck with your Proposal!
 
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Biltong

Active Member
Mar 22, 2017
363
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113
Dash Address
XmPNBEQyaVNyFudWL3hhhcWfkdYK6T9nCF
Forgot to mention. We will be doing Reports on all Pre-Proposals towards the end of the cycle in any case.

Couple of things in How to submit a Dash Pre-Proposal https://goo.gl/7jmwXQ has been simplified to make your life easier. ;)
See Changes to Pre-Proposal and Note.

Good luck as always
 
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