- Mar 17, 2017
- Dash Address
Is there a release date for the DashPayCard yet?
Are you serious? You designed a card that looks like the map of the world, and now you are claiming your design was stolen. What were you expecting? You should've expected this to happen when you copied the design of the world atlas.Coinizy CEO here. Charlie, I really appreciate all your efforts for both BTC & Dash communities, but you might want to credit us the next time you deliberately use our 2015 virtual bitcoin debit card design to craft yours (https://d1ueyc5nx1it61.cloudfront.net/939ebe5717041001104.png) . Thanks, and keep up the good crypto work
PROPOSAL IS LIVE: https://www.dashcentral.org/p/DASHPAYCARD-DEBIT-CARD
Manually vote YES on this proposal (DashCore - Tools - Debugconsole):
gobject vote-many 4c42350252e150904635ef6780e09d5f5b015660c104a94798a2a342270642df funding yes
Manually vote NO on this proposal (DashCore - Tools - Debugconsole):
gobject vote-many 4c42350252e150904635ef6780e09d5f5b015660c104a94798a2a342270642df funding no
After speaking to many in the DASH community and business development team, I've decided to make a pre-proposal and I'm excited to announce the creation of the DASHPayCard! In addition, I will be working to integrate DASH into Payza for a fiat to DASH gateway.
(This may not be the final design, but the one I'm working with. If you can create a better one please message me!)
How it Works
I've partnered with Payza.com to launch this card. In 2014 I partnered with them to add direct Bitcoin buying/selling - http://www.coindesk.com/payza-launches-bitcoin-buying-consumers-190-countries/
The card will be available to residents of 106 countries, including the USA. It will be issued by a USA bank and have a chip and pin. You can have the card denominated in USD, EUR, and others.
I've purchased DASHPayCard.com and I will build and maintain the project.
To purchase the card, you will create an account, get verified through KYC and then purchase. The card itself will cost between $10-$20 and the fee's to use the card will be low. I'll update this thread when I have more information.
Direct Integration for fiat <--> Dash
I will work with the Payza development team to integrate the ability to sell DASH onto the card and buy DASH as well. Payza supports hundreds of countries and has local payment options like credit card, bank transfer, ect. Now everyone can buy DASH using any of these payment methods directly on their account.
Right now, where it says Bitcoin there will be another option for DASH.
It will be on Add Funds and Withdraw Funds.
I'm not 100% sure how this will work. Basically, there is a revenue share that will accumulate from fees to use the card. After talking to the DASH biz dev team, we want to pass the profit back onto the masternodes, miners and community. Would love your feedback on how to do this!
We could just use the funds from the profit share to make the fees lower. I need to ask them about this.
Seems like this idea is the most favored. I will negotiate the rev share and then use that to make the card price and fees as cheap as possible.
I'm asking for 450 DASH which will cover a 3 month budget
The costs will cover the following:
- Initial 1 time card program fee is 150 DASH
- Development costs and maintenance 75 DASH per month.
- Customer support is 25 DASH per month.
I estimate that I can get the cards into your hands in 3 months. After that, I can do a 6 months to 1 year proposal for program maintenance.
- I will also provide weekly status updates.
Who am I?
I co-founded one of the earliest and largest Bitcoin companies BitInstant and the Bitcoin Foundation: https://en.wikipedia.org/wiki/Charlie_Shrem
Looking for your feedback!
That says nothing though, all it says is he has an article about the card. If he has time to do an article how about taking the time to update stakeholders and the masternodes that voted yes.
As I recall, the final solution was to use the "profit sharing" to just reduce the cost of using the card to the bare minimum, not to give any money to the MN's.I think under US law the profit sharing would be bribery. The Masternodes are a grant issuing board and your rewards are included in the masternode system.
And this should be the case for all proposal that bring additionnal profits to themselves (aside from the direct money they get from the network I mean) - that will be the way to keep instantsend and privatesend fees close to 0As I recall, the final solution was to use the "profit sharing" to just reduce the cost of using the card to the bare minimum, not to give any money to the MN's.
You could be right. Certainly, time will tell.He scammed the Dash community.
The proposal system is broken and really needs to be resolved otherwise as dash price increases more scammers will come out of the wood works so to speak.Lots of contractual relationships (like a contractor building a new McDonalds) insert language with very specific penalties if certain deadlines are missed.
As we gain the ability to have a contractual relationship with Proposal Owners, and something like escrow services, maybe they get penalized monetarily every time they miss an update...
Charlie's lack of engagement on this project, after he's collected the funds, seems mighty telling. Unfortunately, there's no recourse for DASH apart from to just publicly shame these shucksters who run off with MN funding. How many "ATM"s and "Credit Card"s are we gonna fund, to have nothing to show for it? Apparently several. The whole pay-upfront with no string attached method of funding needs to be addressed. What is the incentive for these folks to actually deliver? As far as I can tell, there's none. That seems like a mighty broken incentive program.I sent Charlie a message on reddit. Lets see if he updates this thread seeing as he hasnt updated a thing since he won the proposal.
Charlie's lack of engagement on this project, after he's collected the funds, seems mighty telling. Unfortunately, there's no recourse for DASH apart from to just publicly shame these shucksters who run off with MN funding. How many "ATM"s and "Credit Card"s are we gonna fund, to have nothing to show for it? Apparently several. The whole pay-upfront with no string attached method of funding needs to be addressed. What is the incentive for these folks to actually deliver? As far as I can tell, there's none. That seems like a mighty broken incentive program.
Very good point, but if such a thing happened, who would be paid out and who would sue? Would we just hire them through the network to sue? Therefore then we could decide who gets the funds and who sues?There is a contract. It just isn't a traditional one, even verbal contracts are binding, they are just hard to enforce since there isn't a record of it.
To be legally valid there are only two requirements for a contract:
He came to us with an offer, we accepted it and rendered payment. In the eyes of the law that is a contract.
- All parties must be in agreement (after an offer has been made by one party and accepted by the other).
- Something of value must be exchanged -- such as cash, services, or goods (or a promise to exchange such an item) -- for something else of value.
You could argue that burning the funds could be considered payment back to the network.Very good point, but if such a thing happened, who would be paid out and who would sue? Would we just hire them through the network to sue? Therefore then we could decide who gets the funds and who sues?
Not saying we should though but legally could that make a case?!