HempSweet Decentralized Industrialization Alliance Proposal

mranderson010

mranderson010

Member
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Dash Adoption in Industrial Commerce
A Dash Treasury proposal for Masternode consideration.

(This is a concise statement of the proposal and agreement of HempSweet with the Dash Community. For those who wish to explore more deeply, much more detail can be found at the links in text.)​

This is a cross-post from the Dash Forum http://bit.ly/DashMNproposal

Manual voting (DashCore - Tools - Debugconsole):
gobject vote-many 737ad8e7b92deb51af5a12f63e4e948f87759056ac5c4ca9154108e3138465d0 funding yes

Who: HempSweet is a team with the sole purpose to find and implement new models for individuals and groups to organize and exchange value in a free, transparent, voluntary way using existing cryptocurrency, cryptographic property and other decentralizing solutions. HempSweet core team are Travis Remington http://bit.ly/TravisAprilDASHmilestones and John Ferguson http://bit.ly/JohnAprilDASHmilestones

What: The creator of this proposal and owner of the single DASH receiving address provided, Travis Remington of HempSweet, respectfully requests a donation from the Dash Decentralized Governance Budget to further improve the overall quality of the Dash ecosystem and the health of all humans. HempSweet will use all donated DASH to research and develop large scale xylitol from hemp production technologies.
  • PureHemp Technologies, LLC and HempSweet have a signed contract (Includes both parties indemnifying Dash and all other participants against claims by third parties arising from conduct of any participants under this agreement) between both parties that includes all inventions they will create as part of scaling hemp xylose to xylitol conversion with microorganisms will be open, transparent and without restriction to use. This donation will support a core element of the hemp industry that will empower Dash, HempSweet, and all partnerships to leverage building meaningful, lasting connections with an industry ready to grow alongside Dash. Details about Pure Hemp Technologies and their complete roll are covered in the HempSweet whitepaper https://bit.ly/hempsweet.
  • Travis and John to work full-time as HempSweet’s core team, manage all community communication, marketing, travel to Hemp and BlockChain events, relevant related podcasts by John with Dash as a direct sponsor, speaking events, travel to meet with potential future partnership opportunities, promoting Dash donation as a key enabler of hemp industrialization and commerce at a commodity and production level, as well as a consumer-facing level.
Why: While Dash is making good progress on expansion, it and other cryptocurrencies struggle to gain traction in commerce where fiat currencies, of course, resist the disruption. Likewise, the completely-legal hemp industry struggles from not being able to easily use the fiat system to engage in commerce within the industry or with retail customers. These restrictions are completely arbitrary and the result of blanket policies, but are very real in practice. Barriers between crypto and fiat at industrial levels are almost completely unsupported outside of centralized fintech funding, which likewise restrict industry participants. For the decentralized Dash community and blockchain to support the penetration of one small production cycle through the entire industrial hemp ecosystem (completing the loop of usage, so to speak) is an unprecedented opportunity for Dash to take the lead in industrial cryptocurrency usage, as well as consumer usage. It is certain that such a penetration will result in huge demand for and use of Dash. All cannabis (pot and hemp) industries are being constrained, even as they are permitted to operate, while centralized systems work steadily to co-opt their massive decentralizing potential.

When: The time to act on this is almost exactly right for all market and social conditions. What is being proposed here is for funding of the initial month of executing the project only--to prove efficacy and value--with the intent to carry the project forward for a maximum of twelve months by renewed proposals, with full reports at every stage to ensure that each stage of proposed funding is warranted and being earned in terms of results.

How much: Total $98,360.64 @ $91.84 per DASH (based on March 26th average rate at https://bitinfocharts.com/comparison/price-dash.html)
Total: 1071 Dash
Note: Should any funding remain, we will apply it toward future development expenses.

What is in it for DASH:
HempSweet is focusing a non-contractual or binding alliance between Dash, BitShares and HempSweet, for synergistic effect far beyond what's covered here. See linked documentation for full data on the entire field of action.

Following is a simple breakdown of the Gives and Gets for Dash, strictly from Dash's perspective.

DASH Gives:
  • Dash blockchain/community supports a hemp biomass processor to complete development of the best specific biologic pathway and practices for industrial scale conversion of hemp xylose syrup to healthy xylitol sugar, becoming the first blockchain to directly fund a bio/mechanical engineering project in developing an open-source process for the public good. The full potentials of this are expounded in linked supporting materials. The results of this research will be open-sourced to the world (after an initial development period wherein only direct partners will have access) so it is not just to the benefit of HempSweet, but in the interest of putting this type of product into use worldwide, whether associated with HempSweet or not. Such donation could be viewed as a charitable activity, since HempSweet is not the sole beneficiary, because the intellectual property created will be open-sourced. The specifics of this activity are covered in the draft Hempsweet whitepaper https://bit.ly/hempsweet
  • Dash's donation also supports two HempSweet principals to shepherd and promote the project and Dash to the multi-billion dollar (and just getting started) hemp industry.
  • If this proposal is approved then another proposal will be made for next payment cycle and the masternodes will have to judge whether the project leaders have successfully completed their stated promises and whether further donations are appropriate.
Dash Gets:
  • A loop of commerce transacted in Dash within the hemp industry: Processor to farmer, processor to employees, farmer to suppliers, farmer to farm workers, manufacturers (who use processor's output) to processor, then to packing, wholesale, retail, consumer.
  • Immediate demand for further on/of ramps to Dash, largely provided by the mutual alliance with BlockPay, OpenLedger, etc., as part of the plan. Also DASH ATMs have the opportunity and incentive to get up and running in related areas.
  • Dash gets rapidly positioned as the leading cryptocurrency enabling industrial (as opposed to consumer) commerce in an industry that is having severe pain points surrounding the use of fiat, though everything they are doing is completely legal in both US federal and state governments.
  • Dash will be a default store of value even when it is not preferred as a currency. Some will prefer to receive and give bitUSD (USD-pegged token) for accounting purpose. Through other agreements already in place with others, Dash will be a well-supported trading pair for bitUSD, allowing liquidity between the two.
  • Active, incentivized promotion of Dash within the industrial hemp community by HempSweet principals. This will be ongoing, of course, even after the Dash support for them ends.
  • Dash will have shown that it can go where no other cryptocurrency can, due to its governance model and the incredible community it encourages and incentivizes.
  • Dash will benefit hugely by supporting the alliance with the BitShares blockchain community as part of separate agreements already reached with BitShares market makers, as well OpenLedger and BlockPay.
  • There is intent to vest the Dash community or Masternodes in the future success of HempSweet by way of a separate profit-sharing token system, which should start to payout quickly as we are ramping up a pre-sale. This is not explicitly part of this agreement at this time because details are not finalized, but it is intended and will be provided.
  • We are quite sure there are more points that could be isolated, but these cover the most obvious ones.
Worst Case
Let's look at the worst-case scenario and see what there is for Dash to lose.
The very worst case we see is something like this:
  • Dash provides funds for the initial research and support of HempSweet workers for the initial period, but the HempSweet plan is flawed and/or the HempSweet workers do a poor job of promotion and management and the project falls apart, with no path established to the full end result desired.
In this case, minimally, whatever Dash was spent to pay for the research would be put directly into circulation within the hemp industrial cycle by being used to pay employees, buy raw hemp from farmers, etc. Each of those value transfers will have outgoing ripples as that Dash is spent to others, and then others, initially right within the hemp/cannabis industry itself. This being a significant amount of value, it could be viewed that the blockchain had wasted it by not getting the ultimate product intended. But because it is a significant amount of value, spent in exchange for valuable product and service by the processor/researchers, it is Dash value circulating in the ecosystem, creating more demand for paths to use it. It is arguable that this, all by itself, might be good reason to expend this Dash. It is quite likely that, even without anything else coming of the project, this Dash put in circulation in this way would create value far, far in excess of the 0.0149% dilution caused by the inflation factor (as compared to those coins not being created). Dash will have significantly broached use in this multi-billion dollar industry.​
  • The only worse scenario we can think of is that if the HempSweet workers somehow bring disrepute to Dash, or crypto in general. Failing to make a reasonable go of things would be a hit to us personally and damage our personal reputations and credibility, which we value. We would have to act very badly indeed to taint the image of Dash. The community will have to examine our past actions in the space, including the efforts we have expended on this plan, and judge if we pose such a great risk.
Between these worst cases and success in excess of all expectations are many possibilities. We have put a tremendous lot of work and personal expense into establishing the means and relationships for this to happen and be successful, and are committed to take it all the way. It is hoped that Masternode owners will grasp the tremendous upsides potentials represented here.

Respectively submitted,
Travis Remington (@mranderson010) and John Ferguson (@John Ferguson), for HempSweet https://HempXylitol.com and https://HempSweet.net

Please ask any questions you may have and consider voting YES! If you are unable to spend the time to fully evaluate our proposal documents and/or have difficulty understanding the scope of this proposal then please discuss with other masternodes who already have or consider abstaining.
 

Attachments

  • HempSweetDecentralizedIndustrializationAlliance.pdf
    136.4 KB · Views: 270
  • DecentralizedGovernanceFederation.pdf
    539.3 KB · Views: 248
  • HEMPSWEETWhitepaper (4).pdf
    654.1 KB · Views: 251
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Travis Remington MPAS, PA-C -- has been in healthcare for over 20 years. He has practiced in Complementary/Integrative Medicine, Urgent Care, Primary Care, Occupational Medicine, Transplant Surgery, Hepatology, Nephrology, Acute ICU care, Plastic & Trauma/Cancer Reconstruction, and Orthopedic Surgery. He now is spending most of his time researching the integration of whole plant medicinal therapies to improve the quality of life for his fellow humans.

My plans for the next month regarding HempSweet:

(I plan to do these things as best I can even with no funding from Dash, but some may not get done if I have to do other things economically.)
DASH-bitUSDMarketBot_edit_mx2onf.png

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bitsharescheckout_eo4rnx.png

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  • Further expand our list of interested businesses and further establish partnerships. The edible industry businesses have been very receptive to changing to a hemp based healthy sugar. Utilize my 20 years of practicing medicine to galvanize further medical professional support for reducing dangerous refined sugars and promote HempSweet Xylitol as an alternative.
    ​
  • Finalize HEMPSWEET--->VALUE share drop with dash-hempsweet multi-sig account
    ​
  • Security audit OpenLedger/BlockTrade’s current UIA open.DASH/DASH pairing smart contract.
    ​
  • Send proposal to bitShares treasury worker payout fund to provide further liquidity to bitUSD markets.
    ​
  • There are undoubtedly other projects to be done in coordination with HempSweet and associates that I can’t predict now.
    ​
  • Further expand and merge HempSweet.net and HempXylitol.com
    ​
Specific targets can be put on the timeline for accomplishment, to report back to the community on regarding our actions and achievements, undones, etc.
​
Populandum said:
I'm actually sitting here in awe of what you are proposing! I think it would be a BIG mistake of us all to not use this opportunity! We can actually grow both the financially-suppressed hemp industry along with Dash! I see this as a success story where we actually get the real first use of crypto on a big scale! Think about it: Dash saving an entire multi-billion dollar industry which many banks don't want to support because of the FED.
Click to expand...
​
oaxaca said:
This is exactly the kind of big thinking that is needed to gain real world adoption. I have been advocating a full circle of Dash use in a community for a long time. If you choose to ask for a single month of financing, what milestones or feedback can we expect before the 2nd subsequent vote? If you ask for 3 months, be aware that it is possible to downvote an initiative for any reason whatsoever. A few loud and mobilized voices could probably get that done.
Click to expand...
oaxaca said:
A few obvious points here. It's all about choices. The masternode owners gave 1100 Dash per month for the Terpin PR fiasco. The masternode owners gave over 7300 Dash for an ATM fiasco. ATMs? Seriously? And what are we discussing now? More ATMs and a Tesla? Are you kidding me?

This proposal is much more far reaching than those. Let me spell it out for you. The Dash that would be allocated would be USED and RE-USED in a circle of real world adoption. To quote above: "all participants from grower to processor to manufacturer to supplier to retailer agreed to accept and pay in cryptocurrencies, with incentives favoring DASH..."

This is what it's all about. While it's fine to talk about exposure, this is real world acceptance and use of Dash. That is the Holy Grail of the entire Dash project, is it not?
VENDORS ARE USERS, TOO!

Or at least they would be if crypto were not hostile to them... I'm still impressed by the ability of the DASH community and leadership to still not understand this.

You have to support someone other than the showflakes. IX seemed to be the answer, but it appears that it's creator has no idea what it's good for or why.

The full-circle is the objective, but the everyday user can't actually use without the vendors. At least band-aid them a DASH -> FIAT solution, and then you can fill in the rest of the circle from there.

Vendors are the starting point for drawing the circle.

No, I'm just a troll for saying so... fuckin' echo chamber cryptotards...
Click to expand...
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Fiicus said:
I think Dash would absolutely benefit from working with the hemp industry, and even the legal cannabis industry as it starts to propagate around the country. I also strongly believe that if we don't take an opportunity like this, assuming it's legit, which it truly seems to be, someone else will jump on it. I feel, very strongly, that in industries where banking is very difficult, Dash should absolutely try to proliferate in those spaces as quickly as possible. I believe that while the proposal is very ambitious, and it's hard to trust people who haven't made proposals before, we have a lot of treasury funds to use thanks to our recent growth, and the exposure from this would be enormous. Ethereum is on alphabay, monero is used a lot on the dark web, bitcoin is used for online poker and various other things. If we don't allow ourselves into these spaces, someone else will take that opportunity and grow in them. It's not like the gov would specifically prohibit dash in these spaces, they'd likely take an overall approach, still, perhaps it's best to keep a distance from black markets. So the way I see it, we can not participate and lose out on a cut, or we could participate and further the public's awareness of Dash at relatively no risk to ourselves.
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John Ferguson -- bona fides and plans for immediate future in forwarding the HempSweet Alliance.

Bona fides

I’m a trained and experience proofreader and editor, effective in explanatory and persuasive writing, and have two podcasts on tech implications from a philosophical angle.
  • Have been active in the SAFE Network community for three years as a regular and trusted poster, and moderator. Less active lately, though still a standby moderator and occasional poster. See profile @fergish at https://safenetforum.org.

  • Have had a regular podcast about the SAFE Network development on the Let’s Talk Bitcoin network for about two years--SAFE Crossroads podcast.

  • For about a year I’ve had the Technology & Choice podcast, also on the LTB network, covering various topics technical and philosophical.

  • Recently started a series within Technology & Choice which is all about the technology and ramifications of hemp, called The Hemp Corner. So far there have been two such episodes (1, 2). More on future ones below.
My plans for the next month regarding HempSweet:

(I plan to do these things as best I can even with no funding from Dash, but some may not get done if I have to do other things economically.)
  • Continue the Hemp Corner co-hosted with Michael Bright, THC Hemp Connoisseur Magazine series with these episodes, minimally:
    -- All about hemp seed availability and farming, including current scene, scaling solutions, etc. Likely will include short interviews with hemp farmers as well as an analytical breakdown from those involved in the industry. Part of this will be about the difficulty of transacting because of arbitrary, central-bank created currency restrictions.
    -- An interview with PureHemp Technologies (biomass processor) CEO, talking about all aspects of why hemp is a vastly superior source of biomass, the production process, the different products such a processing plant does and can produce, about the plans to scale conversion of hemp xylose to xylitol and, of course, the troubles they face currency-wise, that have motivated them to move to cryptocurrency, especially Dash.
    --A podcast about the alliance at the appropriate time, as agreed representatives from each community.

  • All podcasts Technology & Choice podcasts will carry an ad for the Dash as a sponsor with mention/explanation of the alliance as appropriate, and what it means for the hemp community.
  • Will be attending Northern Colorado Hemp Expo, March 31 - April 1, in Loveland, CO. There I will be further networking with more industry people, getting more interviews, talking about HempSweet, Dash and the whole alliance (even if it is still just a possibility, rather than a done deal). I will, of course, be wearing whatever appropriate Dash swag I can acquire.

  • I will be writing an article for release to various outlets.
  • Will arrange interviews on several other notable podcasts/radio shows which I know will be very interested in what is planned and how it is developing. Certain ones of these are early shoe-ins. As the scene expands, I’m confident we can arrange even larger, more “mainstream ones.”

  • There are undoubtedly other projects to be done in coordination with HempSweet and associates that I can’t predict now.
Specific targets can be put on the timeline for accomplishment, to report back to the community on regarding our actions and achievements, undones, etc.
 
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I know it is a lot of information and it takes some time to go through it all. I'm an optimist so I'm assuming everyone is so overwhelmed with interest they have not made it back since first laying eyes on this proposal.

One question, once we submit the proposal are we able to adjust the DASH payout amount.......since really that is the only thing that is keeping us from submitting this? Love it or hate it.......your opinion matters. :D
 
mranderson010 said:
I know it is a lot of information and it takes some time to go through it all. I'm an optimist so I'm assuming everyone is so overwhelmed with interest they have not made it back since first laying eyes on this proposal.

One question, once we submit the proposal are we able to adjust the DASH payout amount.......since really that is the only thing that is keeping us from submitting this? Love it or hate it.......your opinion matters. :D
Click to expand...
Hi Travis - this is Jeff Cole at PureHemp Technology. Our firm is firmly committed this project and to seeing it through to completion with you. Let us know what we may do to assist. Thank you - Jeff
 
tl;dr

This is an intricate proposal, so a summation of the value given and received by the Dash community is needed as an entrance point.

The proposal seeks to establish an alliance between the Dash community, the BitShares community and HempSweet (a project by Value Choice Research and Consulting). All parties will benefit greatly from the synergy created.

In this alliance, Dash is called upon be the first blockchain community to directly employ mechanical and chemical engineers to do final research and set-up for scaling an open-source method to produce a physical, consumable product. It is also called upon to temporarily fund HempSweet principals full time in initial logistical support, planning and promotion of the overall project. The scope and ramifications of the project are pretty vast, but that's the start.

In exchange, Dash will receive the following:
  1. Putting Dash directly into circulation in the entire production-cycle of hemp, including refiners, farmers, suppliers, manufacturers, end users of the final product, and more. These lines for acceptance and payment have already been agreed to by key players in the industry. This will be a major foothold in the industry as it is a complete cycle of exchange that all can (and are desperate to) participate in.

  2. More avenues to acquire Dash by scaling the BitShares decentralized exchange (DEX) to support liquidity for markets between Dash and other desired/in-use properties such as bitUSD (pegged by the market to the price of the USD).

  3. VALUE tokens, in proportion to Dash value paid out to the HempSweet project. VALUE is a BitShares asset. 100% of income received by HempSweet will be immediately disbursed, via share-drop, equally to all VALUE tokens in circulation. These will be sent into a 2 of 3 multi-signature account for which each community will share control of one key (able to scale infinitely on weight of each key holder's controlling the single community account key); the payout will be decided by the community attached to that account and, for DASH community's account, we suggest using the current treasury payout design that allows proposals to ask for both DASH and VALUE assets. These tokens and their capability for share-drop have been proven-out on the BitShares platform, which will further build up the stored value as our project evolves and brings in revenue. This is the mechanism for sharing value and control, in proportion to the contribution of each group.
#1 above will itself have enormous value to Dash, by getting it IN USE in an industry which desperately needs it to be IN USE, regardless of the value of 2 and 3 (and others not detailed), which should be considerable over time.

The inputs from BitShares and HempSweet are laid out in the pre-proposal and the proposal itself. HempSweet has already poured a tremendous amount of work into establishing the production paths and agreements involved.

-----------------
Hope this helps give a starting point.
 
Two things:
1) To answer your question, you can not change the amount of funding for a proposal after it has been submitted, and it is difficult to get a multi-month proposal rejected after it has passed the first month.
2) Because of this, the community is unlikely to agree to proposals for long durations (i.e. 12 months). If the proposals are 3 months or less, you will get a lot more traction in getting your idea passed. That way, the price of Dash is less important.

I just don't want you to waste your proposal fee on a project that is unlikely to be passed in it's current state.
 
Plateglassarmour said:
Two things:
1) To answer your question, you can not change the amount of funding for a proposal after it has been submitted, and it is difficult to get a multi-month proposal rejected after it has passed the first month.
2) Because of this, the community is unlikely to agree to proposals for long durations (i.e. 12 months). If the proposals are 3 months or less, you will get a lot more traction in getting your idea passed. That way, the price of Dash is less important.

I just don't want you to waste your proposal fee on a project that is unlikely to be passed in it's current state.
Click to expand...
Thank you for clarifying it. Yes we figured since this will be the first proposal of its kind that we will do only one month so everyone involved (including us) can get a more solid idea of the exchange of value for each.
 
mranderson010 said:
Thank you for clarifying it. Yes we figured since this will be the first proposal of its kind that we will do only one month so everyone involved (including us) can get a more solid idea of the exchange of value for each.
Click to expand...

good idea
+
your proposal is amazing and very detailed
but
most people do not have time to "study" a proposal
clear short / facts are key
- who
- what
- when
- how much
- whats init for us ;)
 
I'm actually sitting here in awe of what you are proposing! I think it would be a BIG mistake of us all to not use this opportunity! We can actually grow both the financially-suppressed hemp industry along with Dash! I see this as a success story where we actually get the real first use of crypto on a big scale! Think about it: Dash saving an entire multi-billion dollar industry which many banks don't want to support because of the FED.
 
This is exactly the kind of big thinking that is needed to gain real world adoption. I have been advocating a full circle of Dash use in a community for a long time. If you choose to ask for a single month of financing, what milestones or feedback can we expect before the 2nd subsequent vote? If you ask for 3 months, be aware that it is possible to downvote an initiative for any reason whatsoever. A few loud and mobilized voices could probably get that done.
 
You will need to do some PR to get this through, these are huge numbers you are asking for and you might need to build up some sort of trust before it will even get considered. Maybe ask @TaoOfSatoshi to do an interview with you so people can get the elevator pitch.

One thing that I wondered about, what will happen to Pot Coin ?
Thought this was their space, why is that coin not the industry standard and if this space is so underbanked, why has Potcoin not gone to the moon by filling up that gap ?
 
Because Potcoin, cannacoin or whatever other one of those are just gimmicks. You want your currency to be general; like Dash.
 
Icebucket said:
You will need to do some PR to get this through, these are huge numbers you are asking for and you might need to build up some sort of trust before it will even get considered. Maybe ask @TaoOfSatoshi to do an interview with you so people can get the elevator pitch.

One thing that I wondered about, what will happen to Pot Coin ?
Thought this was their space, why is that coin not the industry standard and if this space is so underbanked, why has Potcoin not gone to the moon by filling up that gap ?
Click to expand...
Thanks for the suggestions. An interview with Travis would be a good idea.
On Potcoin: well, it's in the name. Dash is digital cash, designed to be used broadly as money. The HempSweet project addresses the non-marijuana (pot) part of the cannabis industry, which has vast other uses. I'm not against the pot (or Potcoin) but it's a much more tangled path and associations complicate the promotion. The US is already one of, if not THE, leading importers of hemp products. We're just starting to do the growth and production. This industry is going to be huge and is immediately mainstream, non-controversial, etc. But it suffers form banking complications because of the association with the drug form. It is a completely different set of cultivars but the prohibition has caused scrambled brains, making commerce for the hemp producers and processors miserable. Dash can help.

Potcoin just complicates things. Plus Dash has a real and ubiquitous future. Potcoin is a one-problem solution. Don't get me wrong, I've no malice for them. Also, as liquidity of and access to decentralized exchanges increases, which is one of our purposes as well, even potcoin will gain liquidity and people who want to use it will be more able to. It's about increasing choice.
 
Populandum said:
I'm actually sitting here in awe of what you are proposing! I think it would be a BIG mistake of us all to not use this opportunity! We can actually grow both the financially-suppressed hemp industry along with Dash! I see this as a success story where we actually get the real first use of crypto on a big scale! Think about it: Dash saving an entire multi-billion dollar industry which many banks don't want to support because of the FED.
Click to expand...

Thank you for such kind support and really communicating well a huge value potential that is just one part (huge) of our entire proposal offer. I'm a stickler for accuracy so I will just add that it is aparently a trillion dollar industry. I have always said billion, but after John's interview the other day with a hemp industry leader she said "trillion": https://bit.ly/TCWorkForHemp

I am mobile right now for some yoga.....my way to deal with the late nights and early mornings spent trying to make this proposal be the level of quality that it needs to be so to equal what we are asking from the community. When I get home I'll jump back on and address any specifics that John has not already covered.

The DASH community has never let me down and the quality of questions and advice from everyone here on the forum, texts, telegram, and slack is amazing. Words for my appreciation are difficult to find. Thank you!


Icebucket said:
You will need to do some PR to get this through, these are huge numbers you are asking for and you might need to build up some sort of trust before it will even get considered. Maybe ask @TaoOfSatoshi to do an interview with you so people can get the elevator pitch.
Click to expand...


Here is my letter to @TaoOfSatoshi

Hello Tao of Satoshi,

I am one of the core team members of HempSweet and a lot of the project came from my vision to see mass adoption of crypto for regular people (99% of the world who are not in Finetech central bankers). When I first met Amanda B. Johnson and heard her presention on DASH it caused one of the best decisions I have ever made. After meeting Amanda I immediately bought 1000+ DASH and after a week of setting up a masternode in Russia (yea I'm from the US, but like to keep things decentralized:) I was well on my way to learning everything I could about the vision of the DASH community and the core technology.

It has been a long process of developing out HempSweet. Before we saw the full vision of HempSweet I knew for the USA that there was one huge opportunity for crypto and that was with the un-banked/cash-only cannabis world. After spending months researching the industry, using my 20 years of practicing medicine to gain network contacts, and trying to localize the biggest pain points, I discovered many truths of what is going on in the cannabis world. Big pharma, Big banking have bought the farm (literally and metaphoricaly) and already own a big part of it............except one tiny appearing part that luckily seems small compared to marijuana cannabis right now in the US and was ignored. Hemp is now projected to be a trillion dollar industry and things are happening fast. If someone or some community in the crypto world does not act fast and capitalize on the central banker's mistake of ignoring hemp then we are going to miss our window of opportunity.

Right now we have the technology, industry partnerships and resources to solve a massive list of pain points for the Hemp Industry and in doing so we will have gained an partner for life. DASH and Hemp can "grow" their industry's together in a voluntary mutually beneficial way and use each other's strength's to non-violently dominate a commodity market that in its total is value is over 200 trillion dollars.

Here is our Pre-Proposal to the MN network voters: http://bit.ly/DashMNproposal


I would love to interview with you anytime. Best way to get a hold of me is PM in forum, telegram @mranderson or email [email protected]

Sincerest respect,

Travis Remington
Co-Founder HempSweet
https://HempXylitol.com
https://HempSweet.net
 
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There is a bit to digest here. I feel like the community may not be ready for large proposals without building some track record first. The current setup seems to favor small projects right now. To have both a large project and a multi month project lowers your approval chances even more. I'm more curious what the minimum viable product/idea is, if you were to start smaller.
 
Hemp, is legal in the US, the company is offering legal products, to consumers. There is nothing illicit about hemp, however, because hemp comes from cannabis, it is treated poorly by banks and others. Now, while I would be slightly concerned if dash was offered on a black market, I think grey markets are an ideal spot for us to offer our services, as grey markets need Dash. From what I've read, hemp products are legal, but growing hemp is where things get a little shifty as it's much like cannabis, legal in some states but still against the law federally, I don't know much about all of that, so I'll refrain from talking much about it, perhaps others can expand exactly on the legality of things as I'm nowhere near an expert on this stuff.

Now, what I do know a lot about is online poker, it's a grey market, where playing online poker is federally legal (a few states have laws against it), but what isn't federally legal, is the poker sites transacting with US banks. The reason I bring this up, is because I imagine that the hemp industry is facing similar banking issues, perhaps not quite as drastic as what I'm about to outline, but I'm sure there are considerable issues which made them choose Dash. Withdrawing money as an online poker player was terribly inconvenient, slow, risky, etc. If you wanted to get a w/d, you could, but only through VFFs for $2500 4x a month (sometimes these would take over a month to arrive, eventually they stopped offering them as an option), or international checks for $3000 4x a month (which also at times took a month to arrive, so some months you could only get 1 withdrawal). Not only that, but checks would bounce. I had a $3000 check deposited in May, it bounced in July, and I wasn't reimbursed until late August, when the site reimbursed me I had to request another check, which took another week to arrive. This is very troubling, because in the online poker world, sites go down, the government seizes funds. In 2011, the government shut down the 3 largest online poker sites, one of them paid the players back almost immediately, another paid out roughly 3 years later, and the last one took the money and ran. In 2013, I had to open a canadian bank account because the poker site I was on got shut down by the gov, and they refused to pay out to US bank accounts (I'm the only person I know who got money off the site, for the most part they just never paid anyone back, in this case I was lucky to live near canada at the time).

For online poker operators, the banks they have to work with to provide us with checks, are often the most down and out banks, because they have to skirt the law to provide us with funds. Because of this, the banks tend to steal funds and run at some point, which sounds outlandish, but is entirely true. The poker site bears that situation as the cost of doing business in this market, along with the large fees charged by the banks (usually the player has to pay about $50 per withdraw, and the site also has to pay some amount). I have friends who have had bank accounts closed due to the bank finding out they were online poker players, I've heard stories of people being grilled by bank managers, and most online poker players depositing a check know that if they're asked what they do by the bank, you say that you're a online consultant or some other nonsense.

When the poker sites brought in bitcoin, it was like the world got brighter. I had 100k in my poker account, a buddy has 100k in his, other friends had considerable amount on there, that they just couldn't w/d fast enough. I want to stress that having 100k on a site, which could really go down any day, and even if you never made another dollar it would take you 8 months to w/d assuming checks are steady, is a ridiculous situation to be in (first world problems?) As soon as bitcoin entered, it had a $9500 limit, every 3 days, with 0 fees. We could access our money, it was amazing. All of my friends in the online poker world, have come to love bitcoin because of this. You'll never see as ardent a supporter as someone who has a ton of problems in their industry, and then the vast majority are instantly solved by cryptocurrency. I've met other online poker players who found their way into dash because they were w/ding from the online poker sites in bitcoin, and that led them to further researching cryptocurrencies. Obviously, the smart people end up in the Dash world ;). Anyway, bitcoin for online poker has brought at least a few, but I suspect quite a lot of people into dash. I do not know anything about the hemp industry, but even if they just used bitcoin, it would bring people into dash. I have no idea how many people would be flooding into Dash, if this proposal is to pass and they're to conduct a lot of their business in Dash.

I think Dash would absolutely benefit from working with the hemp industry, and even the legal cannabis industry as it starts to propagate around the country. I also strongly believe that if we don't take an opportunity like this, assuming it's legit, which it truly seems to be, someone else will jump on it. I feel, very strongly, that in industries where banking is very difficult, Dash should absolutely try to proliferate in those spaces as quickly as possible. I believe that while the proposal is very ambitious, and it's hard to trust people who haven't made proposals before, we have a lot of treasury funds to use thanks to our recent growth, and the exposure from this would be enormous. Ethereum is on alphabay, monero is used a lot on the dark web, bitcoin is used for online poker and various other things. If we don't allow ourselves into these spaces, someone else will take that opportunity and grow in them. It's not like the gov would specifically prohibit dash in these spaces, they'd likely take an overall approach, still, perhaps it's best to keep a distance from black markets. So the way I see it, we can not participate and lose out on a cut, or we could participate and further the public's awareness of Dash at relatively no risk to ourselves.

To be clear though, I have not researched the individuals behind this proposal, or the exact mechanisms of it, I'm only providing my experience in a similar market, so that people can understand exactly what sort of problems these markets tend to face, and why it makes perfect sense to embrace this win/win scenario assuming the fundamentals behind the proposal are sound.
 
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ampp said:
There is a bit to digest here. I feel like the community may not be ready for large proposals without building some track record first. The current setup seems to favor small projects right now. To have both a large project and a multi month project lowers your approval chances even more. I'm more curious what the minimum viable product/idea is, if you were to start smaller.
Click to expand...
Based on the feedback from community leaders we will do a one month commitment that allows for the lowest risk with an opportunity to show a glimpse of the huge potential benefit. We have been proving ourselves to the decentralized ecosystem for years and very quickly John and I will outline specific milestones we each have planned for the next month. We will also have PureHemp post their one month roadmap plan.

HempSweet is proposing game changing events that secures DASH a foot hold into a billion to trillion (Depending on who you ask) dollar industry that no other crypto-currency has been successful in getting uptake (Many, Many have tried). DASH is now #3 on the list for highest crypto-currency market capitalization. I know the MN proposal list looks to favor smaller capital commitments and they are all amazing, but none I think give DASH the unique quality needed to further separate itself from ETH/BTC and effectively communicate its true value.

Our minimum viable product is our online stores that only take DASH for crypto and charge a massive premium for buyers who insist on credit cards. We have already linked many different points to our customers on how to learn and acquire DASH. Additionally, the main reason why our pre-proposal and attached documents is so long is we had to cover all the things already created through hard, hard work that help add value to the project and DASH as a whole. It is not until now that we are asking immediate help to keep our core partnership with PureHemp Tech alive and strong.


Fiicus said:
Hemp, is legal in the US, the company is offering legal products, to consumers. There is nothing illicit about hemp, however, because hemp comes from cannabis, it is treated poorly by banks and others. Now, while I would be slightly concerned if dash was offered on a black market, I think grey markets are an ideal spot for us to offer our services, as grey markets need Dash. From what I've read, hemp products are legal, but growing hemp is where things get a little shifty as it's much like cannabis, legal in some states but still against the law federally, I don't know much about all of that, so I'll refrain from talking much about it, perhaps others can expand exactly on the legality of things as I'm nowhere near an expert on this stuff.

Now, what I do know a lot about is online poker, it's a grey market, where playing online poker is federally legal (a few states have laws against it), but what is federally illegal, is the poker sites transacting with US banks. The reason I bring this up, is because I imagine that the hemp industry is facing similar banking issues, perhaps not quite as drastic as what I'm about to outline, but I'm sure there are considerable issues which made them choose Dash. Withdrawing money as an online poker player was terribly inconvenient, slow, risky, etc. If you wanted to get a w/d, you could, but only through VFFs for $2500 4x a month (sometimes these would take over a month to arrive, eventually they stopped offering them as an option), or international checks for $3000 4x a month (which also at times took a month to arrive, so some months you could only get 1 withdrawal). Not only that, but checks would bounce. I had a $3000 check deposited in May, it bounced in July, and I wasn't reimbursed until late August, when the site reimbursed me I had to request another check, which took another week to arrive. This is very troubling, because in the online poker world, sites go down, the government seizes funds. In 2011, the government shut down the 3 largest online poker sites, one of them paid the players back almost immediately, another paid out roughly 3 years later, and the last one took the money and ran. In 2013, I had to open a canadian bank account because the poker site I was on got shut down by the gov, and they refused to pay out to US bank accounts (I'm the only person I know who got money off the site, for the most part they just never paid anyone back, in this case I was lucky to live near canada at the time).

For online poker operators, the banks they have to work with to provide us with checks, are often the most down and out banks, because they have to skirt the law to provide us with funds. Because of this, the banks tend to steal funds and run at some point, which sounds outlandish, but is entirely true. The poker site bears that situation as the cost of doing business in this market, along with the large fees charged by the banks (usually the player has to pay about $50 per withdraw, and the site also has to pay some amount). I have friends who have had bank accounts closed due to the bank finding out they were online poker players, I've heard stories of people being grilled by bank managers, and most online poker players depositing a check know that if they're asked what they do by the bank, you say that you're a online consultant or some other nonsense.

When the poker sites brought in bitcoin, it was like the world got brighter. I had 100k in my poker account, a buddy has 100k in his, other friends had considerable amount on there, that they just couldn't w/d fast enough. I want to stress that having 100k on a site, which could really go down any day, and even if you never made another dollar it would take you 8 months to w/d assuming checks are steady, is a ridiculous situation to be in (first world problems?) As soon as bitcoin entered, it had a $9500 limit, every 3 days, with 0 fees. We could access our money, it was amazing. All of my friends in the online poker world, have come to love bitcoin because of this. You'll never see as ardent a supporter as someone who has a ton of problems in their industry, and then the vast majority are instantly solved by cryptocurrency. I've met other online poker players who found their way into dash because they were w/ding from the online poker sites in bitcoin, and that led them to further researching cryptocurrencies. Obviously, the smart people end up in the Dash world ;). Anyway, bitcoin for online poker has brought at least a few, but I suspect quite a lot of people into dash. I do not know anything about the hemp industry, but even if they just used bitcoin, it would bring people into dash. I have no idea how many people would be flooding into Dash, if this proposal is to pass and they're to conduct a lot of their business in Dash.

I think Dash would absolutely benefit from working with the hemp industry, and even the legal cannabis industry as it starts to propagate around the country. I also strongly believe that if we don't take an opportunity like this, assuming it's legit, which it truly seems to be, someone else will jump on it. I feel, very strongly, that in industries where banking is very difficult, Dash should absolutely try to proliferate in those spaces as quickly as possible. I believe that while the proposal is very ambitious, and it's hard to trust people who haven't made proposals before, we have a lot of treasury funds to use thanks to our recent growth, and the exposure from this would be enormous. Ethereum is on alphabay, monero is used a lot on the dark web, bitcoin is used for online poker and various other things. If we don't allow ourselves into these spaces, someone else will take that opportunity and grow in them. It's not like the gov would specifically prohibit dash in these spaces, they'd likely take an overall approach. So we can not participate and lose out on a cut, or we could participate and further the public's awareness of Dash.

To be clear though, I have not researched the individuals behind this proposal, or the exact mechanisms of it, I'm only providing my experience in a similar market, so that people can understand exactly what sort of problems these markets tend to face, and why it makes perfect sense to embrace this win/win scenario assuming the fundamentals behind the proposal are sound.
Click to expand...

Wow I couldn't have said it better myself thank you. Here is a copy of an email I just got two days ago from another shady "payment processor" that is referred to me. I have got a couple more of these that are as much as 4k upfront and 2k/month to do the same damn thing I was getting for free. They all admit that 100% of Hemp products are legal and why the big name gateways like strip, Authorize.net, paypal will directly refer to their "high risk merchant partners"

In case you might not understand what is going on here, IMO they are exploiting the hemp industry for every drop of value they can suck from it. My attachment is just one drop in the bucket full of friction and pain points that we will solve.

our https://hempxylitol.com site doesn't even have CBD for sale on the site so they changed the excuse to "CBD themed...." What the guy said on the phone was the picture of the hemp leaf was suggestive of illegal use. My response was "how in the hell do I educate people on how we are making xylitol from hemp, without showing people a picture of hemp?"
 

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