Pre-Proposal : DASH FOR SOUTH EAST ASIA FX TRADER
- Thread starter RocketTeam
- Start date
Beru
Member
This is very interesting. I think this would be a great addition to the dash ecosystem. Do you have an idea how many fiat/dash pairs gonna be integrated? Do you have plan to grow to other markets outside of Asia? Whats the KYC/AML exigence in your jurisdiction? Sorry if those questions were already answerded and didnt catch them.
RocketTeam
Active member
Dear @ampp Sir,
Thank you for your question, Sir.
You may refer our infographic down below to explain ours about our company structure.
Basically, we do have our own in-house developer, graphic designer, copywriter and even technical support to do the support for the system in future.
So, most of the task will be done, in-house Sir.
Hopefully, you will have the clear picture of our company Sir.
Thank you again for your feedback and looking forward to answer more of your question Sir.
Cheers,
Amzar
RocketTeam
RocketTeam
Active member
Dear @Beru, Sir
A really brilliant and resourceful question Sir. Give us chance to answer as best as we can @Beru Sir.
Thank you for your interest, Sir. We will ensure do our best to give by giving much more exposure and education to people about Dash and how easy it works. We strongly believe Asia still one of the best regions for Dash penetration Sir.
As for now, we are working on integrating with :
SGD / DASH , DASH / SGD ( as we have our very own company and bank account in SG )
MYR / DASH , DASH / MYR ( since this is our homeland )
IDR / DASH, DASH / IDR ( we have strong clients support back in Indonesia )
We do have plan to go beyond Asia but personally, we would love to make sure our foundation is strong enough to penetrate beyond Asia as we don't want to bite off more than we can chew Sir but its great question and recommendation.
As per KYC / AML, let me brief what will we do to ensure we comply with legal. There will be divided into 3 basic level for client / end user which are :
Level 1) verify by email and phone number only - only can keep Dash unlimited with limited to 3000 MYR or equivalent value converting amount to fiat. The client can easily transfer from Dash wallet to Dash wallet unlimited but when it comes to convert directly to fiat, it will be capped to 3000 MYR or equivalent value.
Level 2) Submit photo/scan of government-issued ID and basic personal information - only can keep Dash unlimited with limited to 10,000MYR or equivalent value converting amount to fiat. The client can easily transfer from Dash wallet to Dash wallet unlimited but when it comes to convert directly to fiat, it will be capped to 10,000MYR or equivalent value.
Level 3) Submit proof of residential address - only can keep Dash unlimited with limited to 30,000MYR or equivalent value converting amount to fiat. The client can easily transfer from Dash wallet to Dash wallet unlimited but when it comes to convert directly to fiat, it will be capped to 30,000MYR or equivalent value.
As for merchant side, they will required to submit basic company documentation but much more simpler to ensure the process is easy for merchant to submit their application to us as in based on our personal experience, we faced a lot of paperwork and documentation when it comes to merchant application as it is related to banking requirement.
Above level have been advised from our personal legal team to prepared with incoming regulation from our Central Bank in Malaysia.
As for legal opinion from Singapore side, Monetary Authority of Singapore will regulate for Crypto-Based Businesses, Not Cryptocurrency Itself. So, we are working in advance first to comply with the regulator to ensure smooth operation in future.
As for Indonesia, we are still waiting our partner / end user there to revert us about the legal opinion from their side Sir but the current status in Indonesia, peoples can still do cryptocurrency business but no legal guideline yet from Indonesia Central Bank. We will keep update about the latest news on Indonesia market in future.
Hopefully we answered your question properly Sir.
If anything that may come across your mind Sir, don't hesitate to ask me.
We are here at your disposal to answer your question Sir.
Thank you again for your interest and question Sir and looking forward for you Sir.
Cheers,
Amzar
RocketTeam
A really brilliant and resourceful question Sir. Give us chance to answer as best as we can @Beru Sir.
Thank you for your interest, Sir. We will ensure do our best to give by giving much more exposure and education to people about Dash and how easy it works. We strongly believe Asia still one of the best regions for Dash penetration Sir.
As for now, we are working on integrating with :
SGD / DASH , DASH / SGD ( as we have our very own company and bank account in SG )
MYR / DASH , DASH / MYR ( since this is our homeland )
IDR / DASH, DASH / IDR ( we have strong clients support back in Indonesia )
We do have plan to go beyond Asia but personally, we would love to make sure our foundation is strong enough to penetrate beyond Asia as we don't want to bite off more than we can chew Sir but its great question and recommendation.
As per KYC / AML, let me brief what will we do to ensure we comply with legal. There will be divided into 3 basic level for client / end user which are :
Level 1) verify by email and phone number only - only can keep Dash unlimited with limited to 3000 MYR or equivalent value converting amount to fiat. The client can easily transfer from Dash wallet to Dash wallet unlimited but when it comes to convert directly to fiat, it will be capped to 3000 MYR or equivalent value.
Level 2) Submit photo/scan of government-issued ID and basic personal information - only can keep Dash unlimited with limited to 10,000MYR or equivalent value converting amount to fiat. The client can easily transfer from Dash wallet to Dash wallet unlimited but when it comes to convert directly to fiat, it will be capped to 10,000MYR or equivalent value.
Level 3) Submit proof of residential address - only can keep Dash unlimited with limited to 30,000MYR or equivalent value converting amount to fiat. The client can easily transfer from Dash wallet to Dash wallet unlimited but when it comes to convert directly to fiat, it will be capped to 30,000MYR or equivalent value.
As for merchant side, they will required to submit basic company documentation but much more simpler to ensure the process is easy for merchant to submit their application to us as in based on our personal experience, we faced a lot of paperwork and documentation when it comes to merchant application as it is related to banking requirement.
Above level have been advised from our personal legal team to prepared with incoming regulation from our Central Bank in Malaysia.
As for legal opinion from Singapore side, Monetary Authority of Singapore will regulate for Crypto-Based Businesses, Not Cryptocurrency Itself. So, we are working in advance first to comply with the regulator to ensure smooth operation in future.
As for Indonesia, we are still waiting our partner / end user there to revert us about the legal opinion from their side Sir but the current status in Indonesia, peoples can still do cryptocurrency business but no legal guideline yet from Indonesia Central Bank. We will keep update about the latest news on Indonesia market in future.
Hopefully we answered your question properly Sir.
If anything that may come across your mind Sir, don't hesitate to ask me.
We are here at your disposal to answer your question Sir.
Thank you again for your interest and question Sir and looking forward for you Sir.
Cheers,
Amzar
RocketTeam
carlomile2
Member
So i think that this project will build more enthousiat for people in asia with with the listing of dash in severals exchangers i think that this project will create awareness and dash will be more popular in this region. I strongly recommand and support you guys.
Good luck
Good luck
RocketTeam
Active member
Hi @carlomile2 Sir,
Glad to see you here and thanks for your support. We are looking forward to have you onboard with us in near future. Let's provide a better future to all over the world see and hey, thanks for luck wish !
We will work harder to ensure things will happen accordingly Sir.
Again, thanks for your support Sir
Cheers,
Amzar
RocketTeam
RocketTeam
Active member
Dear all,
As for today, this is our graphic content for sending DASH using RocketPay.
Feel free to point out your suggestions and opinions regarding this pre-proposal.
Cheers,
Admin
RocketTeam
As for today, this is our graphic content for sending DASH using RocketPay.
Feel free to point out your suggestions and opinions regarding this pre-proposal.
Cheers,
Admin
RocketTeam
RocketTeam
Active member
Dear all,
Today’s update, we have developed client cabinet system for the RocketPay. Clients or users able to view their DASH in this client cabinet and also able to send and receive DASH as well.
Feel free to point out your suggestions and opinions regarding this pre-proposal.
Cheers,
Admin
RocketTeam
Today’s update, we have developed client cabinet system for the RocketPay. Clients or users able to view their DASH in this client cabinet and also able to send and receive DASH as well.
Feel free to point out your suggestions and opinions regarding this pre-proposal.
Cheers,
Admin
RocketTeam
RocketTeam
Active member
Dear all,
Good day everyone, in future DASH will be accepted as one of the payment among public.
Shopping malls will accept DASH as payment in future.
That's our target!
We are looking for a strategic location to create huge awareness among public.
Feel free to give your suggestions and feedbacks here.
Cheers,
Admin
RocketTeam
Good day everyone, in future DASH will be accepted as one of the payment among public.
Shopping malls will accept DASH as payment in future.
That's our target!
We are looking for a strategic location to create huge awareness among public.
Feel free to give your suggestions and feedbacks here.
Cheers,
Admin
RocketTeam
RocketTeam
Active member
Dear MNOs and the Dash Community,
As per everyone might know, Dash has been skyrocketing to sky. Congratulation to everyone for the good job !
Thus, RocketTeam have reviewed our current asking fund to lower since we want to ensure no wasted fund at all. This is the main reason why we lower down the asking fund.
We have lowered our asking fund to :
390 DASH for 3 months
130DASH every month
The second reason why we lower down is based on MNOs and the community respond in personal message ( thanks to all MNOs and the community who spent their precious time on our pre-proposal ) as they are suggesting us to slightly lower our asking fund since the people will need us to build the trust with all over the community.
What about our performance with the lower budget?
No effect at all Sir since most of the development, designing and writing been done in house. Basically, we will restructure a little bit the costing as its not too much different since Dash value appreciate way a lot. We can assure nothing much will change Sir.
Hopefully Sir / Madam, the step we took might giving a bright start for us sooner.
Thank you, Dash Core Team, MNOs and The Community giving us such opportunity.
Cheers,
Amzar
RocketTeam
As per everyone might know, Dash has been skyrocketing to sky. Congratulation to everyone for the good job !
Thus, RocketTeam have reviewed our current asking fund to lower since we want to ensure no wasted fund at all. This is the main reason why we lower down the asking fund.
We have lowered our asking fund to :
390 DASH for 3 months
130DASH every month
The second reason why we lower down is based on MNOs and the community respond in personal message ( thanks to all MNOs and the community who spent their precious time on our pre-proposal ) as they are suggesting us to slightly lower our asking fund since the people will need us to build the trust with all over the community.
What about our performance with the lower budget?
No effect at all Sir since most of the development, designing and writing been done in house. Basically, we will restructure a little bit the costing as its not too much different since Dash value appreciate way a lot. We can assure nothing much will change Sir.
Hopefully Sir / Madam, the step we took might giving a bright start for us sooner.
Thank you, Dash Core Team, MNOs and The Community giving us such opportunity.
Cheers,
Amzar
RocketTeam
Last edited:
RocketTeam
Active member
Dear The Dash Community,
This is our latest update, and it is a good news!
A few days ago we held a meeting with one of well known Forex Broker in Southeast Asia, in the meeting the management agreed to accept DASH as a payment method for deposit and withdrawal payment.
Previously, each of trader who deposited will be given with 30% of credit bonus. The deposit payment is via local wire transfer and it could take some time for the processing. And after our meeting and planning with the Forex Broker, they agreed to accept DASH to whom deposit via DASH and will be given up to 40% to 50% credit bonus. Only for DASH user as they want to start join us to educate their trader to go with new technology!
Good news with a good update on weekend we might say !
RocketPay.today will be as a payment processor between traders and the Forex Broker for Dash payment method.
As for this alone Forex Broker, they have more than 10,000 registered trading accounts and it would be a the most effective and efficient to create huge awareness about DASH as well as RocketPay too.
In the meantime, as they agreed to integrate with their broker as a pilot for our program, we will absorb 5% of the extra bonus deposit given to the clients. And for sure the integration is for free to the broker since we want to ensure the broker wont feel the burden at all.
We are looking forward that the plan will be successful and we already have a few feedbacks from clients and even public. Most of them are waiting for this project!
We will keep update on this thread with the latest news to all of you.
So stay tuned guys.
Feel free to give your comments or feedback here.
Cheers,
Admin,
RocketTeam
This is our latest update, and it is a good news!
A few days ago we held a meeting with one of well known Forex Broker in Southeast Asia, in the meeting the management agreed to accept DASH as a payment method for deposit and withdrawal payment.
Previously, each of trader who deposited will be given with 30% of credit bonus. The deposit payment is via local wire transfer and it could take some time for the processing. And after our meeting and planning with the Forex Broker, they agreed to accept DASH to whom deposit via DASH and will be given up to 40% to 50% credit bonus. Only for DASH user as they want to start join us to educate their trader to go with new technology!
Good news with a good update on weekend we might say !
RocketPay.today will be as a payment processor between traders and the Forex Broker for Dash payment method.
As for this alone Forex Broker, they have more than 10,000 registered trading accounts and it would be a the most effective and efficient to create huge awareness about DASH as well as RocketPay too.
In the meantime, as they agreed to integrate with their broker as a pilot for our program, we will absorb 5% of the extra bonus deposit given to the clients. And for sure the integration is for free to the broker since we want to ensure the broker wont feel the burden at all.
We are looking forward that the plan will be successful and we already have a few feedbacks from clients and even public. Most of them are waiting for this project!
We will keep update on this thread with the latest news to all of you.
So stay tuned guys.
Feel free to give your comments or feedback here.
Cheers,
Admin,
RocketTeam
Last edited:
I'm pretty sure this is not spam.....
This is a big proposal with a lot of moving parts. I will study it more tomorrow, but
1. They are who they say they are. Always a good start.
2. They are intimately acquainted with the Foreign Exchange markets and understand the friction points for traders. Nobody likes the delays that come with wire transfers in the legacy banking system, but traders especially hate delays.
3. They also want to make a significant dent in the "local" remittance market, which is substantial.
4. I may have overlooked it, or perhaps it was not mentioned, but this looks likes an exclusive relationship with Dash.
5. They have been very responsive to questions and feedback.
I look forward to the interview(s).
1. They are who they say they are. Always a good start.
2. They are intimately acquainted with the Foreign Exchange markets and understand the friction points for traders. Nobody likes the delays that come with wire transfers in the legacy banking system, but traders especially hate delays.
3. They also want to make a significant dent in the "local" remittance market, which is substantial.
4. I may have overlooked it, or perhaps it was not mentioned, but this looks likes an exclusive relationship with Dash.
5. They have been very responsive to questions and feedback.
I look forward to the interview(s).
RocketTeam
Active member
Dear @solarguy , thank you for your interest and feedback. Let us try our best to answer you.
Let us know at instance if there any doubt might arise. We will try to be here to answer you.
Thank you @solarguy for learning about what we do and for verifying about who we are.
This is the best point ever. As for trader, its really such in pain when there's delay happen either way during deposit their fund or withdrawal fund as in most of us might have an experience when we want to use money in emergency time and our withdrawal period got delay. That's the reason why the local forex management get a local bank account to help client process faster transaction but the problem is with legal where they are bound to AMLA. Thus, we are thinking this is the best solution for trader and even forex brokerage management.
We are working on it since it may solve a lot of normal problem for local management and even trader.
As per we already mentioned before, we are ready to sign an exclusivity agreement with Dash Core Team ( which dont have any idea yet on who can we refer to ) that we are going to only process Dash for our RocketPay.today but there might people think that we are wasting our capability only process Dash. For us its not since we do believe in niche market. We just process one single Dash but all around solution such as Payment Gateway, P2P exchanger, mobile apps development and even POS system so that people will only refer us for most of their Dash transaction.
Thank you for your compliment. We will try our best to keep serve and answer to any doubt might arise.
thank you again for giving us a great comment and advice.
Cheers,
Amzar
RocketTeam
Let us know at instance if there any doubt might arise. We will try to be here to answer you.
Thank you @solarguy for learning about what we do and for verifying about who we are.
This is the best point ever. As for trader, its really such in pain when there's delay happen either way during deposit their fund or withdrawal fund as in most of us might have an experience when we want to use money in emergency time and our withdrawal period got delay. That's the reason why the local forex management get a local bank account to help client process faster transaction but the problem is with legal where they are bound to AMLA. Thus, we are thinking this is the best solution for trader and even forex brokerage management.
We are working on it since it may solve a lot of normal problem for local management and even trader.
As per we already mentioned before, we are ready to sign an exclusivity agreement with Dash Core Team ( which dont have any idea yet on who can we refer to ) that we are going to only process Dash for our RocketPay.today but there might people think that we are wasting our capability only process Dash. For us its not since we do believe in niche market. We just process one single Dash but all around solution such as Payment Gateway, P2P exchanger, mobile apps development and even POS system so that people will only refer us for most of their Dash transaction.
Thank you for your compliment. We will try our best to keep serve and answer to any doubt might arise.
thank you again for giving us a great comment and advice.
Cheers,
Amzar
RocketTeam
RocketTeam
Active member
Dear The DASH Community,
As for today, we have received a few feedbacks from our friends and family. They are our closets target market to create awareness about DASH as well as RocketPay.
Some of them have called and even texted us asking further explanation and clarification regarding DASH and RocketPay. After a long explanation to them, we can put a big smile on that due to their support and of course they are impatient to wait for this project to be live soon.
It is not a surprise for us, from all feedbacks that we have most of them never heard about DASH before. In contrary to Bitcoin, Bitcoin becomes the most popular or we can say the pioneer and even the introducer to the Cryptocurrency. With the price of Bitcoin increase rapidly, it has been a daily topic among public comparing the price here and after.
Now, it is time for DASH to take part in this race as well!
Here are some of our friends and even clients asking for explanation and clarification regarding DASH and RocketPay.
*we are truly sorry for censored parts, due to the personal privacy.
As per you might see, the conversation is in our local language and even with local dialect but we ensure that they fully understand what our message is.
As per screenshot, there are 3 different screenshots with 3 different conversations that we explained about Dash and RocketPay in very plain and simple way.
We have received a few positive feedbacks from them and they can't wait for this project to be officially launched.
Feel free to give your feedback and comments regarding our pre-proposal.
Cheers,
Admin
RocketPay
As for today, we have received a few feedbacks from our friends and family. They are our closets target market to create awareness about DASH as well as RocketPay.
Some of them have called and even texted us asking further explanation and clarification regarding DASH and RocketPay. After a long explanation to them, we can put a big smile on that due to their support and of course they are impatient to wait for this project to be live soon.
It is not a surprise for us, from all feedbacks that we have most of them never heard about DASH before. In contrary to Bitcoin, Bitcoin becomes the most popular or we can say the pioneer and even the introducer to the Cryptocurrency. With the price of Bitcoin increase rapidly, it has been a daily topic among public comparing the price here and after.
Now, it is time for DASH to take part in this race as well!
Here are some of our friends and even clients asking for explanation and clarification regarding DASH and RocketPay.
*we are truly sorry for censored parts, due to the personal privacy.
As per you might see, the conversation is in our local language and even with local dialect but we ensure that they fully understand what our message is.
As per screenshot, there are 3 different screenshots with 3 different conversations that we explained about Dash and RocketPay in very plain and simple way.
We have received a few positive feedbacks from them and they can't wait for this project to be officially launched.
Feel free to give your feedback and comments regarding our pre-proposal.
Cheers,
Admin
RocketPay
Last edited:
RocketTeam
Active member
Dear all,
This is a new update of our video marketing. This video is encouraging the public to use DASH instead of fiat money as daily payments.
A simple video and yet attracting public on what we are working on.
I might say this video is easy to understand and could create awareness among our friends, family, clients and of course public as well.
Feel free to give your feedback and comments regarding this pre-proposal.
Cheers,
Admin
RocketTeam
This is a new update of our video marketing. This video is encouraging the public to use DASH instead of fiat money as daily payments.
A simple video and yet attracting public on what we are working on.
I might say this video is easy to understand and could create awareness among our friends, family, clients and of course public as well.
Feel free to give your feedback and comments regarding this pre-proposal.
Cheers,
Admin
RocketTeam
RocketTeam
Active member
Dear all,
Here is the latest update of Malaysia’s statistic of social media as on 2017. We do believe with this recent statistic, social media marketing is the most effective and efficient way to introduce RocketPay along with creating awareness about DASH.
With the graphics contents, videos and even online news could bring their awareness to the optimum level and thus open up their eyes to see the world of DASH and Cryptocurrency.
This statistics, have proved most of Malaysian depends and relies on social media in their daily activities. We would not leave these statistics as just numbers on paper, we will take this as our opportunity to cater public and even family, friends and clients as well regarding DASH and RocketPay.
Feel free to comment and give your feedback here.
Cheers,
Admin,
RocketPay
Here is the latest update of Malaysia’s statistic of social media as on 2017. We do believe with this recent statistic, social media marketing is the most effective and efficient way to introduce RocketPay along with creating awareness about DASH.
With the graphics contents, videos and even online news could bring their awareness to the optimum level and thus open up their eyes to see the world of DASH and Cryptocurrency.
This statistics, have proved most of Malaysian depends and relies on social media in their daily activities. We would not leave these statistics as just numbers on paper, we will take this as our opportunity to cater public and even family, friends and clients as well regarding DASH and RocketPay.
Feel free to comment and give your feedback here.
Cheers,
Admin,
RocketPay
This is looking better and better. Regarding the exclusivity agreement you should probably contact @fernando [email protected] he is responsible for legal stuff or @tungfa [email protected] for a more general contact.
RocketTeam
Active member
Good day @TheSingleton Sir,
Thank you for your support and we will try our best to keep up the good works.
As per suggested by you, we will try to contact both of the persons ASAP to know what's the procedure and content for the exclusivity agreement to be arranged in near future. Hopefully we can get things done before we submit our proposal for next cycle.
Thank you again @TheSingleton Sir for being helpful about it.
We are looking forward for more feedback and advice about how to improvise our plan.
Cheers,
Amzar
RocketTeam
Thank you for your support and we will try our best to keep up the good works.
As per suggested by you, we will try to contact both of the persons ASAP to know what's the procedure and content for the exclusivity agreement to be arranged in near future. Hopefully we can get things done before we submit our proposal for next cycle.
Thank you again @TheSingleton Sir for being helpful about it.
We are looking forward for more feedback and advice about how to improvise our plan.
Cheers,
Amzar
RocketTeam
RocketTeam
Active member
Dear all,
As everyone has read through our pre-proposal, we have mentioned our target market of this project clearly. However, today we will explain again for fully clear and understand regarding who will be our target market.
1. Forex Trader.
This is our ultimate target for this particular project, as for today we already have more 30,000 registered accounts with such details; Name, Emails and Phone numbers. These accounts are collected from Forex Brokers whom we are providing forex broker's technology to them. Due to their data, such as email and phone numbers, we could send them notifications regarding DASH and RocketPay. For example, using local wire transfer or any other payment method, every trader who deposited will be granted with 30% of credit bonus to their trading account. However, for traders who are using DASH as their deposit payment, they will be credited with up to 40% to 50% credit bonus ( upon agreed with broker management )
2. Forex Broker.
Currently, we are providing forex technologies to 5 Forex Brokers and quite well-known in Malaysia, Singapore, and Indonesia. Why Forex Broker become as our target market? It’s simple, to encourage Forex Trader to use DASH and RocketPay. Since traders are using local wire transfer to deposit and withdrawal for any transaction, it quite troublesome to both parties in such delay time. So, Forex Brokers could engage their clients or traders to deposit or withdraw using DASH. Along with DASH’s tagline, Instant, Private and Secure.
As for today, we already spoke with one of five Forex Broker regarding this project, and they fully agreed and for sure they can’t wait for this project to be launched soon.
3. Online Business
Since we develop the system covering for payment processor, thus its a such a waste if we never cater those other Online businesses instead only approach our Forex Broker. So our plan will extend to other online business to enable the accept Dash as their payment method too.
4. Offline Business
We are working on POS system too for the offline business and yes it will enable the offline business to accept Dash as a payment method. And we trying our best to reduce cost such as no need for the merchant to get an extra device for POS system at all. The system can be run with their current phone and for the client, they can see via their own phone for the product list.
3. Public.
The public is a huge community and it is a quite big challenge for us to cater public awareness about DASH and RocketPay. However, we will classified public into a few categories:
Family and Friends
These are the fastest and less cost of target market we would say. Family and friends could easily approach them and give awareness about DASH and RocketPay. Convince by explaining to them so that they could open their eyes what the project is all about. And at the same time, we could create awareness about Cryptocurrency as well.
Students
For your information Sir, our main office located in a very strategic location which in the mid of public transport, shopping malls and even universities and colleges. So, we see as this is one of our advantages to cater for public especially students. To be precise, we are targeting students who are in Finance or Business program and students who are looking for side incomes. It is easy to approach them and create awareness about DASH and RocketPay. In the meantime, we will introduce and explain how this project will work and what are the requirements needed.
Foreign Workers
Malaysia having more than one million of immigrants from Indonesia, Philippines, Thailand, Bangladesh, India, Vietnam and other Southeast Asian countries. They are looking for job opportunities in Malaysia since we require a big number of the labor force for structure development. We see this as one of the opportunities for our project along DASH as well.
How does it work with Dash?
Let us explain the problem they those immigrants may face. Usually, foreign workers will send a part of their salary back to hometown via the Western Union or Merchantrade. The biggest problem they will counter which are the fees required and the loss in between are huge up to 4% to 5% and even the time delay for the beneficiary to receive the funds. Most of them grumble regarding this matter. Hence, RocketPay providing an exchanger solution to them using DASH.
They will just simply buy Dash in the local market ( Malaysia ) and sell it to target country market ( homeland ). The buyer in homeland will just credit fiat to their bank accounts back in the homeland. Thus, their family will receive the money as soon as possible.
These are our target market for the project. Our main focus is for Forex Traders but we will stretch to expand and widely spread the awareness not only through our family and friends but among the public as well.
Feel free to comment and give your feedback regarding this pre-proposal.
Cheers,
Admin
RocketTeam
As everyone has read through our pre-proposal, we have mentioned our target market of this project clearly. However, today we will explain again for fully clear and understand regarding who will be our target market.
1. Forex Trader.
This is our ultimate target for this particular project, as for today we already have more 30,000 registered accounts with such details; Name, Emails and Phone numbers. These accounts are collected from Forex Brokers whom we are providing forex broker's technology to them. Due to their data, such as email and phone numbers, we could send them notifications regarding DASH and RocketPay. For example, using local wire transfer or any other payment method, every trader who deposited will be granted with 30% of credit bonus to their trading account. However, for traders who are using DASH as their deposit payment, they will be credited with up to 40% to 50% credit bonus ( upon agreed with broker management )
2. Forex Broker.
Currently, we are providing forex technologies to 5 Forex Brokers and quite well-known in Malaysia, Singapore, and Indonesia. Why Forex Broker become as our target market? It’s simple, to encourage Forex Trader to use DASH and RocketPay. Since traders are using local wire transfer to deposit and withdrawal for any transaction, it quite troublesome to both parties in such delay time. So, Forex Brokers could engage their clients or traders to deposit or withdraw using DASH. Along with DASH’s tagline, Instant, Private and Secure.
As for today, we already spoke with one of five Forex Broker regarding this project, and they fully agreed and for sure they can’t wait for this project to be launched soon.
3. Online Business
Since we develop the system covering for payment processor, thus its a such a waste if we never cater those other Online businesses instead only approach our Forex Broker. So our plan will extend to other online business to enable the accept Dash as their payment method too.
4. Offline Business
We are working on POS system too for the offline business and yes it will enable the offline business to accept Dash as a payment method. And we trying our best to reduce cost such as no need for the merchant to get an extra device for POS system at all. The system can be run with their current phone and for the client, they can see via their own phone for the product list.
3. Public.
The public is a huge community and it is a quite big challenge for us to cater public awareness about DASH and RocketPay. However, we will classified public into a few categories:
Family and Friends
These are the fastest and less cost of target market we would say. Family and friends could easily approach them and give awareness about DASH and RocketPay. Convince by explaining to them so that they could open their eyes what the project is all about. And at the same time, we could create awareness about Cryptocurrency as well.
Students
For your information Sir, our main office located in a very strategic location which in the mid of public transport, shopping malls and even universities and colleges. So, we see as this is one of our advantages to cater for public especially students. To be precise, we are targeting students who are in Finance or Business program and students who are looking for side incomes. It is easy to approach them and create awareness about DASH and RocketPay. In the meantime, we will introduce and explain how this project will work and what are the requirements needed.
Foreign Workers
Malaysia having more than one million of immigrants from Indonesia, Philippines, Thailand, Bangladesh, India, Vietnam and other Southeast Asian countries. They are looking for job opportunities in Malaysia since we require a big number of the labor force for structure development. We see this as one of the opportunities for our project along DASH as well.
How does it work with Dash?
Let us explain the problem they those immigrants may face. Usually, foreign workers will send a part of their salary back to hometown via the Western Union or Merchantrade. The biggest problem they will counter which are the fees required and the loss in between are huge up to 4% to 5% and even the time delay for the beneficiary to receive the funds. Most of them grumble regarding this matter. Hence, RocketPay providing an exchanger solution to them using DASH.
They will just simply buy Dash in the local market ( Malaysia ) and sell it to target country market ( homeland ). The buyer in homeland will just credit fiat to their bank accounts back in the homeland. Thus, their family will receive the money as soon as possible.
These are our target market for the project. Our main focus is for Forex Traders but we will stretch to expand and widely spread the awareness not only through our family and friends but among the public as well.
Feel free to comment and give your feedback regarding this pre-proposal.
Cheers,
Admin
RocketTeam