[prepoposal] Dash Debit Card ready by Mid-April
- Thread starter Dr. Julian Hosp
- Start date
I would definitely vote YES for this proposal if I had a Masternode.
Why?
Because I would actually use their product. And I think a lot of people would use their product.
I can see a big gap starting to bridge between established debit point of sale infrastructure and crypto currency - and Dash needs to be at the forefront of this connection.
If the card Julian is proposing can integrate Dash with millions of Visa merchants and ATMS globally at low conversion fees, we need to go for this.
The market is massive for globally accepted credit/debit cards, especially in developing countries. Plus having a card makes holding and using Dash 10x easier for the average person.
In terms of due diligence, I have not dug that deeply, but from reading other people's posts, it sounds like they have a functioning product that is working with Bitcoin. And it can be integrated with Dash relatively quickly so we are not committing to a long term agreement.
We also have a surplus of Dash in the Treasury right now that won't necessarily be there six months from now.
It could also create a double whammy network effect if we run this program simultaneously with Charlie Shrem's project. There could be some synergy there or at least we will gain good knowledge of how these integrations will work.
We may as well take a chance on this.
I vote yes.
Why?
Because I would actually use their product. And I think a lot of people would use their product.
I can see a big gap starting to bridge between established debit point of sale infrastructure and crypto currency - and Dash needs to be at the forefront of this connection.
If the card Julian is proposing can integrate Dash with millions of Visa merchants and ATMS globally at low conversion fees, we need to go for this.
The market is massive for globally accepted credit/debit cards, especially in developing countries. Plus having a card makes holding and using Dash 10x easier for the average person.
In terms of due diligence, I have not dug that deeply, but from reading other people's posts, it sounds like they have a functioning product that is working with Bitcoin. And it can be integrated with Dash relatively quickly so we are not committing to a long term agreement.
We also have a surplus of Dash in the Treasury right now that won't necessarily be there six months from now.
It could also create a double whammy network effect if we run this program simultaneously with Charlie Shrem's project. There could be some synergy there or at least we will gain good knowledge of how these integrations will work.
We may as well take a chance on this.
I vote yes.
Hey @Hillscent , can you scroll up in the thread and jump to page 3 and 4? There are several users already here in this community who have tried it and you can see their helpful feedback.
IMPORTANT: The voting is live:
https://www.dashcentral.org/p/tenx-dash-debit-card
gobject vote-many 3acfe51600f862fc3493a7183cc65f3fbcaae2f2db7fc5acd7cdc1137a3d20ef funding yes
https://www.dashcentral.org/p/tenx-dash-debit-card
gobject vote-many 3acfe51600f862fc3493a7183cc65f3fbcaae2f2db7fc5acd7cdc1137a3d20ef funding yes
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Not sure if this has been properly verified - but can you please provide some form of identification of yourself on your website/twitter etc to prove you are actually who you are.
i..e put something on your website to say you have submitted this proposal to the network.
We should not be voting yes until properly vetted.
i..e put something on your website to say you have submitted this proposal to the network.
We should not be voting yes until properly vetted.
Perfect sense although you say there's no 3rd party like payza, TenX would essentially be a 3rd party, but without visa/Mastercard it's going to be worse than holding a AmEX or Switch card right? Very few payment teminals and atms will accept them? In the UK at least.
The other risk factor is the card is not a 'Dashpay Card' TenX supports other cryptocurrency right? And I'm guessing will intend to expand in the future, why should Dash be the only cryptocurrency that pays directly for the service?
Personally I would invest in this but I don't think it will benefit dash for usability. Have you applied at Bnktothefuture.com ? It seems better pitched to the wider crypto community, unless its rebranded exclusively for dash and the dash app to be released and is then a feature of that but that would require acquisition from evolution.
Hey @JTFerdinand , great questions.
What I mean with 3rd party provider, that we do not need someone like Payza to issue our cards. It is a very big risk if you rely on someone else for that. they set the rules, not you. Our card is accepted anywhere that Mastercard is accepted, which means 200 countries and over 20 million points of acceptance.
We are NOT looking into adding any other currencies for now. We also raised money to integrate Bitcoin and Ethereum. If we do not get the funding for DASH, we cannot integrate it for now - which would be a bummer.
Hope this helps you see the value-add through our zero-fee card.
Thanx for taking a look!
PS.: Our proposal is live: https://www.dashcentral.org/p/tenx-dash-debit-card
Great Job! TenX @dr-julian-hosp
When I look on https://www.dashcentral.org/budget
I can nowhere see your proposal.
Why only on https://www.dashcentral.org/p/tenx-dash-debit-card directly
can it be displayed?
When I look on https://www.dashcentral.org/budget
I can nowhere see your proposal.
Why only on https://www.dashcentral.org/p/tenx-dash-debit-card directly
can it be displayed?
Earlier in this thread you were considering going through escrow. Why hasn't this been followed through?
Hard to do escrow when the payment address is already in the network and the proposer has the private key.
I was talking with @babygiraffe extensively about it, however he suggested to do it directly due to a massive time delay afterwards. He suggested, should it not get approved, we could do the escrow afterwards. We wanted to have the card live earlier rather than later.
Update: We do not need to wait for the payout to get started, as soon as we have enough YES votes we will hire 1-2 extra developers and get started. We should have a working prototype by the end of the 2nd week of April and everything running by the end of the 3rd week of April.
THANK YOU ALL FOR YOUR SUPPORT!
https://www.dashcentral.org/p/tenx-dash-debit-card
THANK YOU ALL FOR YOUR SUPPORT!
https://www.dashcentral.org/p/tenx-dash-debit-card
Thank you all for your support. You will not be disappointed.
http://dashvotetracker.com/history.html?ProposalID=245
http://dashvotetracker.com/history.html?ProposalID=245
We are working on ETH and DASH. We are out of cards right now actually, so also working with Mastercard on a new batch (and maybe a new design for Dash ;-)I don't see a way to deposit ETH. I'd order a plastic.
And, looking forward to participate in tap & pay beta testing
You can only do it through our Android APP. We had so many card orders in the last week, that we are out of cards right now. Should be back in a few days though. You can still download the app and use it though. http://www.tenx.tech/wallet.html
Okay, I have an app installed already. It is kind of cool. So is it possible for you to notify when there will be additional cards ready for shipping. I will be forever grateful.
ok if i understand , i will still spend crpyto in fiat right but using the card , instead , or would i spend in crpyto itself
there are both pros and cons for both
crpyto- crpyot no kyc shit , not much coverage
crpyto -crypto kyc shit
there are both pros and cons for both
crpyto- crpyot no kyc shit , not much coverage
crpyto -crypto kyc shit
I hope I'm wrong, but I sense a bit of strangeness going on with these guys. They've received the 300 Dash funding and now suddenly they're coming out with statements like "we are looking forward to being back online as soon as our card issuers finish their regulatory and AML checks. We’re not sure about the exact time but this is scheduled for two weeks at the moment."
Sounds a bit uncertain doesn't it. I thought they had everything all lined up and ready to go...
Now there is an open ended delay due to regulatory issues??
Sounds a bit uncertain doesn't it. I thought they had everything all lined up and ready to go...
Now there is an open ended delay due to regulatory issues??
Your card should arrive and also the app should open. If you really have tech issues, please send an e-mail to [email protected] We are working on the DASH integration this very moment and since Ethereum has to go live as well, as we were paid by an investor for that, we are full on. The e-mail you are referring to went out an e-mail ago. Everything should be on time.