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Initially we'd look to find a few merchants in the Dash community who are interested is beta testing our service. After that we would move to gaining publicity in general crypto news, and targeting merchants who currently accept Bitcoin. After we gain some traction there we would move to...

We'd love to, but believe the regulatory hurdles are too high for us. The KYC and AML requirements are very high (we'll still be subject to them to an extent, but it is less of an issue when we're only dealing with businesses).

That's what we're building, BitPay for Dash. Try the demo at dashstickers 'dotty' xzy

I have to head off to work now, but will be back to answer more questions and comments as soon as possible.

An investment. For every month of funding 5% of the equity will go to the Dash Foundation (or network if technically and legally possible), for a total of 15% equity over the 3 months. The Dash Foundation (or network) would receive dividends once we are profitable, and would be free to sell...

We will be investing some of our own funds as well (and have already spent a bit in building a demo). Our logic in deciding to produce a budget proposal is that if we have to seek an investor from somewhere why not from the network itself? This would be the first time a business has been funded...

A bit of an overview for you: Henry McKay - Commerce student at Monash University in Melbourne Australia. Currently working in Chritchurch, New Zealand over the summer. Finance lead for rloop. Angus McKay - Completed a depomia of web development recently. Currerntly job hunting and working on...

Interesting. Hadn't seen that. We'll probably contact Daniel for comment on our proposal. Sounds more a fiat to Dash exchange (Very important too. People need to obtain Dash before the can spend it with Dart :smile:).

I personally don't believe that something like this could be built in a open source manner. The main hurdles are actually related to regulatory and banking relationships, rather than on the technical side. While we agree that there are projects work best in open source environment there are...

We're not asking for a subsidy as such, but rather an investment. Dash will get two things in return: Equity to the Dash Foundation (or network if financially and legally feasible) A first class payment processor which will increase the utility of Dash and therefore increase the price...

We would hope that by building a high quality Dash to fiat payment processor that we would increase the utility of Dash, and therefore raise the price benefiting all holders. To an extent yes there is an amount of trust that needs to be placed in us, and we understand why people may be...

We have no intention of hiding under a cloak of anonymity. Feel free to ask any questions about us, we'll be happy to answer most. I have other accounts on DashTalk, BitcoinTalk, and Reddit, and am happy yo verify with a trusted community member (views I have expressed with these accounts were...

No.

Yeah, that's a good idea. We'll probably have a 'Other funding option' section or something to that effect. I do like your idea though, but perhaps not quite right for us at this stage. If we start seeing some revenue but need more funds then we would be more confident in making a proposal like...

Anyone is welcome to contact us if they would like to help/join us in some way. Raising funds from individuals this way would be entering fairly dodgy legal territory, but we're probably small enough to pass under the radar.

Interesting idea. 6 months seems a bit short for something like this to start generating revenue to pay 1,200 DASH back. There's multiple months of development and beta testing needed before a full public launch. That's also placing quite high exchange rate risk on us. Dash could go up 10 times...

The article linked actually suggests a 15/85 split in the seed round if you look at the table. Certainly open to 20%, but would like to hear from some more of the community on the issue. It's a bit of a chicken and egg scenario. We're willing to take some risk here to provide first class...

Thanks for the encouraging words!

Thanks for the encouraging words!

Thanks for the offer We're very open to the idea. If someone can suggest a legal and technical framework for doing so we're all ears.