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Pre-Proposal : DASH FOR SOUTH EAST ASIA FX TRADER

RocketTeam

Active member

1. Who are we?

  • Rocket Integration Technology ( RIT ) is a Technology Provider company.
  • Established in Singapore in 2014, RIT creates optimized Forex brokerage IT systems.
  • We specialize in complete IT Solutions for Forex brokerage technology and system and website development in Southeast Asia.
  • We deliver a wide array of innovative IT solutions and services in finance technology.
  • We develop Forex brokerage solutions from branding all the way to the launch.
  • We also consult clients on how to get better market penetration.
  • The one-stop center for IT solutions and ongoing service from A to Z and SEO.
  • Our goal has always been to exceed expectations to produce satisfied clients.
  • Providing an efficient brokerage setup as we intimately understand the business, the traders, and the target market.
  • We have served many broker companies and the number of our clients has increased since we operated.
  • Our clients are primarily from Malaysia, Singapore, and Indonesia.
  • Here's short video explaining about our proposal :

  • Interview session with @craigums about our proposal :
  • One of our marketing video :



2. What is our capacity?
  • We pioneered Forex Brokerage IT services in Southeast Asia.
  • Our IT team includes 18 passionate and talented team members who are responsible for the front and back end development of our products.
  • Serving number of Forex Brokerage Companies, we directly served 35,462 trading accounts ( growing ) that actively trading with us.
  • We have full access to these companies and traders.
  • Since we have direct access to this market, they already know and trust us.
  • We believe in effective technology, marketing and education it will be easy encourage them deposit and withdrawal via Dash.
  • The dissatisfaction with the current system is obvious.
  • As promotional tool, we plan to offer our clients a significant discount when deposit in Dash.
  • Once they see how easy it is to deposit and understand with Dash for trading, we anticipate rapid adoption.
  • By integrating Dash with www.rocketpay.today, the transaction process will be simpler, cheaper and much faster than the present system.
  • Dash user-friendliness and simplicity will make be easy transition for traders and public to accept DASH as their primary payment method.
Our sole vision is to create a bigger DASH Family within Southeast Asia.

3. Why Southeast Asia, Malaysia as first place?

Southeast Asia Market :
  • Alibaba makes a significant move to strengthen in the Southeast Asian market.
  • Showing the region is well developed with people ready for any new wave of change.
  • Singapore is one of the top 10 richest country with an active trading for cryptocurrency.
  • Indonesia is one of top 5 highest population in worlds which can be useful for an exposure of Dash.
Malaysia as 1st Target Country :
  • during #MYCYBERSALE (11.11.2017), Lazada hit more than 100,000,000 MYR (+-250k USD) in a single day
  • 11street Malaysia and Shopback Malaysia also experienced 3 times uplift for sales or website traffic
  • Malaysia has the high penetration of online shoppers (67%), Thailand (57%) and Singapore (52%)
  • Among Asean countries, Singapore is the 1st retail e-commerce market with 24%, Malaysia and Indonesia at 19%
  • Malaysia has become Alibaba’s regional distribution hub and launched world’s first Digital Free Trade Zone
  • DFTZ provides physical and virtual zones to facilitate SMEs stimulate growth of the internet economy and cross-border e-Commerce activities
  • Malaysian is more than ready to adopt any technology supported with adequate education and exposure
DASH will change their perspective on daily spend and how importance Cryptocurrency in future.

4. Full Project Costing
  • Requesting for 130 DASH/month for three months for a grand total of 390 DASH
  • 1st month 118.5DASH for development, 5DASH reimbursement for proposal cost, 6.5DASH Contingency and Unexpected Fund
  • Planning ahead for full project plan 3 months ahead
  • Development database for end-user and merchant registration through our system
  • Develop a system for DASH payment flow from acquirer and settlement to merchants
  • Develop Admin to peer exchange in between DASH - Fiat Money such as SGD, MYR, IDR
  • Integrate www.rocketpay.today to all of our existing clients to enable them receive DASH for deposit / withdrawal
  • Create an animation video giving explanation about DASH and how it works in an easy way
  • Digital marketing via Search Engine Optimization and other social media to create more awareness towards DASH
  • Print out DASH T- Shirt, backdrop, stickers and flyers with bigger logo to create direct and indirect marketing to the public
  • 2nd month 60DASH for maintenance and development, 63.5DASH marketing and giveaway, 6.5DASH Contingency and Unexpected Fund
  • Develop peer to peer (P2P) exchange to enable client trading among them
  • Develop an escrow function to ensure peer to peer trading transacted securely
  • Develop Point of Sales system to ensure a offline store can accept DASH as their payment
  • Free seminars and training within Malaysia and Singapore to give exposure and awareness about DASH
  • Create marketing and promotional video about www.rocketpay.today to boost more exposure to the clients
  • 3rd month 60DASH for maintenance and development, 63.5DASH marketing and giveaway, 6.5DASH Contingency and Unexpected Fund
  • Continue the development Android and iOS mobile apps for www.rocketpay.today for merchant usage
  • Free seminars to more country such as Indonesia and Thailand for a better exposure to clients
  • Continue with free seminars and training within Malaysia and Singapore to increase the exposure and awareness about DASH
  • Targeting 31,000 new users using DASH as their primary payment method
  • Our best estimates suggest it will require 390 DASH to accomplish these 4 tasks
  • Base on our experience with previous large project costs, it seems wise to add 5% to account for contingency and unexpected fund
5. What is our plan?

Forex
Related Business
  • The project is to integrate DASH-based cryptocurrency solution in all of our clients, the forex brokerage companies website.
  • Encourage them to use DASH as primary method for deposit and withdrawal transaction
  • Lowest transaction fees among the Forex Traders in Southeast Asia
  • Ensure the uniqueness of DASH to be far-reaching, especially within the Forex Traders
  • Develop marketing teams that will help us to create widespread awareness about DASH
  • RIT will give an amount of discounts to Forex Brokerage Company if they pay via DASH server and trading monthly fees.
The revolution is not only around Forex Traders. We plan to tackle the issue related to DASH liquidation in Southeast Asia :
  • Becoming the first Liquidity Provider for DASH Only in the Southeast Asian region
  • Ensure that the end users can easily exchange fiat money to DASH and vice versa
  • Exchange from DASH to fiat money within Peer to Peer (P2P) only with Escrow
  • Solving double exchange issue Fiat -> BTC -> Dash or vice versa
  • Increase Dash usability within region
  • Will greatly encourage end users to use DASH as their primary payment
6. What will we do?

DASH Payment Gateway and Processor
  • Develop a system to exclusively process payment using DASH via our website, www.rocketpay.today
  • User friendly flow for clients to pay or deposit via DASH
  • Provide an incentive for merchants using the system as their payment gateway
DASH Exchange
  • To ensure the end-user can easily buy and sell DASH
  • Provide an exchange service for DASH especially for our clients and traders
  • Escrow service to reduce dispute and seamless transactions
  • Rating system to show trader credibilities
DASH POS System
  • For offline business especially SMEs Business
  • Enable ‘offline’ merchant accept cashless payment method
  • Introduce the Online POS system either for *free or discounted price covering :
  • payment gateway for cashless payment
  • Flexible product pricing configuration and discounts
  • Inventory tracking in real-time
  • Detailed financial reporting
  • Capture customer info for an improvement
Dash Awareness Program
  • Email Blasting
  • 35,462 accounts will be our targets
  • Introducing and encourage to create DASH wallet
  • Claim wallet with giveaway
  • Forex Brokerages
  • Accept Dash for deposit / withdrawal
  • Dash awareness with Forex Seminar
  • Notify clients via Trading Platform
  • Incentives for fee payments via Dash
  • Social Media
  • Dash Giveaway Program
  • New likes
  • Contest
  • Questionnaire
  • Youtube Channel
  • First page in Search Engine
  • Website optimization to comply with SEO
  • Offline Marketing
    • Printed materials :
      • Flyers
      • Brochures
      • T-shirt
      • Magazines
      • Stickers
Here's infographic for detail of our moving elements :

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We have signed an exclusivity agreement for 24 months ( 2 Years ) and fund will be escrowed by Dash Core Team. You may find the agreement detail down here :

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fPIJ7PQdO57kjVKzm4Rffg1_Ou8t4Qss1WZ0Yu4qbAvhj_8MGCgQgieqlXq5A65YoyMStuFeRSJfw5EkBITq9EfWzr-HYUKMVbRP8VziAzQcGUosBsaMVsW86INu8LwabjgMMiEv

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Here's verification statement from Ryan Taylor about the agreement :

I can confirm that we have an agreement with Rocket Integration Technology. They have defined approximately 30 milestones with estimated completion dates between January 7th and March 4th associated with payouts. If they post the details here, I am happy to verify them. I also can confirm that they have committed to an exclusivity period of 24 months. The funds are being paid to a Dash Core Group controlled address and will be paid in accordance with the completion of the milestones.


Our aim is to answer all of your question, so let us know what’s in your mind !

Thank you so much and hopefully we move swiftly with this great project, together


Best regards,

RocketTeam
 
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I vote no your spaming the board.

Dear Ftoole,

May I know why? Is it because of the 'links' that i have posted in the Pre-Proposal?

Edit 22nd Nov 2017

We have remove all links inside our pre-proposal board to avoid any spamming.

Thank you @Ftoole Sir for advice.
 
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Introducing the official Rocketpay logo. This logo combines with Rocket element which is a symbol of our company and merging with DASH logo as the coin action in the Rocketpay signifies Rocketpay will exclusively only process and trading Dash. The Rocket's trace around the DASH logo referring to the global use of DASH in future. Everyone can use DASH as their every day uses via Rocketpay. We are looking the potential of DASH to be accepted and used by the public in future.
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Hello guys,

While we are developing our system, we have created a static website as a countdown to launch the rocketpay.today. This website will be posted out to our existing clients first and giving them a tiny awareness and curious what will happen. By the time, we could answer and explain what are we going to do with the project. Even though this is a quite a big scale project for us, we need to have some responds and feedbacks from the public as well as members of this forum. So, let's check it out our website by referring to the image below.


We are updating the progress of our project to all of you. Feel free to discuss by giving out your comments and feedback here. And if there is any questions or explanations needed, it is a pleasure for us to answer and clarify.

Thank You
 
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Thanks for the proposal RocketTeam, this looks interesting.

From what I gather, your company sells people or other companies the capability to set up their own brokerage under you to cater to their clients, and you charge a monthly fee? How long have you been in business, and is this your primary revenue model? What are your other revenue streams?

Could you tell us what your total monthly gross deposits and withdrawals are among your 35,000 broker's customers?

What are the currencies that people are primarily transacting in on your platform and where are these people primarily from? What percentage of your volume does each currency make up? Via what medium are your users usually sending these currencies?

How do you and your customers benefit from the Dash integration besides cheaper fees and faster deposits and withdrawals?

I would appreciate if you tried to schedule a recorded video interview with either Craig Mason or someone from Dash Force News for the community to see on YouTube to get a better idea of your company and its goals.

Thanks!
 
@RocketTeam Very interesting proposal and reaching out to the contacts that @paragon has suggested will help reaching the mn owners with your message.

You should also consider working with @Green Candle for escrow on the project and release goals. This also adds to the confidence for MN owners to vote yes with new groups comming to the community.

Looking forward to seeing the your project progress.
 
Thank you @paragon for your feedback and suggestions. Give us try our best to fullfill your question.

Thanks for the proposal RocketTeam, this looks interesting.

From what I gather, your company sells people or other companies the capability to set up their own brokerage under you to cater to their clients, and you charge a monthly fee? How long have you been in business, and is this your primary revenue model? What are your other revenue streams?

Exactly ! We will set up their technology from front-end to back-end and integrate with trading server to enable their clients trade. We will charge them on monthly basis based on what technology they used from us. We have been in business since early 2014 till now and most of the clients from Southeast Asian.


Our other revenue stream is we also develop a website and system by package either static website or eCommerce website to any online store. We also have in-house consultation team that will consult peoples on how to set up their own online store and how to develop sales.

Could you tell us what your total monthly gross deposits and withdrawals are among your 35,000 broker's customers?

On 2016 - overall transaction is deposit / withdrawal ($17,314,006.53 / $9,652,178.91)
On 2017 YTD - overall transaction is deposit / withdrawal ($23,599,331.62 / $21,958,151.55)

As you might see here ladies and gentlemen, what if we can get 30% out of those sales? We may see 5.1 million USD transacted in Dash Sir since we can encourage them ( forex broker ) to create deposit bonus if client deposit via Dash. Sounds better promotional event.

What are the currencies that people are primarily transacting in on your platform and where are these people primarily from? What percentage of your volume does each currency make up? Via what medium are your users usually sending these currencies?

Main currency is MYR, IDR and SGD since most of the clients come from this 3 countries. So, our primary clients are from Malaysia, Indonesia and Singapore. Almost 75% is from MYR and the rest 25% from IDR and SGD. Our main medium is the local bank which is bound to transfer limitation that makes the forex brokers management have to get more than one bank accounts to avoid the transfer limitation. As for secondary, they use an eWallet service such as Fasapay or any other payment provider but most of the payment provider charge them too expensive since the processed clients region from Southeast Asian.

How do you and your customers benefit from the Dash integration besides cheaper fees and faster deposits and withdrawals?

There will be a lot of parties will benefit from Dash integration :

1) Rocket - We will need to pay monthly fee for software license fee. As for now, we have to pay them via wire transfer which incurs delay and a lot of hidden fees that shrink the value of money. So, Dash will help us to transfer the money to the provider as you mentioned, fast and cheaper option.

2) The Forex Broker - Since the local bank has a limitation in term of the daily transaction, the broker has to create more than one account to process deposit and withdrawal. Dash Integration will help to lift up the limitation from any bank.

3) The Trader - Due to limitation mentioned above, the trader will face a delay situation where they will need to wait another day when the limit is there. Even in the event, they want to re-deposit ( under certain circumstance especially during margin call ), when this problem arises, they really will have to do either via cash deposit or by different bank accounts. We think this is the most normal situation we faced.

I would appreciate if you tried to schedule a recorded video interview with either Craig Mason or someone from Dash Force News for the community to see on YouTube to get a better idea of your company and its goals.

Great suggestion @paragon Sir. We will contact them near soon for an interview since it will be much more helpful for the community to get the whole idea of the company and goals!

Again Sir, Thank you for your time to drop feedback here. Hopefully, we’d fully answer your question and we are looking forward to more question from you Sir.


Cheers,

Amzar
RocketTeam
 
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@RocketTeam Very interesting proposal and reaching out to the contacts that @paragon has suggested will help reaching the mn owners with your message.


Dear @ewok ,


Thank you so much for your positive feedback regarding our pre-proposal. Sure, we do take @paragon suggestion as our serious measure, we will try to schedule a recorded video interview with Craig Mason or any other representatives from the Dash Force News for the community to get a better view regarding our pre-proposal since such way will brief clearer idea about our company and goals as well.


You should also consider working with @Green Candle for escrow on the project and release goals. This also adds to the confidence for MN owners to vote yes with new groups comming to the community.


Looking forward to seeing the your project progress.


As per your suggestion, we will try to reach @Green Candle for escrow to ensure we will honor and delegate our works accordingly as our proposal so that the MNOs no need to worry about their suggestion as there’s an escrow to cover if anything happens and we will further study first on how the escrow works then.

Cheers,

Amzar
RocketTeam
 
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Thanks very much for the responses. Out of curiosity, are you the founder of the company Amzar and how did you become so interested in Dash?

Also could you better explain this statement of yours:
"Rocket - We will need to pay monthly fee for software license fee. As for now, we have to pay them via wire transfer which incurs delay and a lot of hidden fees that shrink the value of money. So, Dash will help us to transfer the money to the provider as you mentioned, fast and cheaper option."

I thought you were collecting fees from people or companies who set up online brokerages for their clients through your system.Could you please explain what software fee you are planning to pay in Dash? I thought you created the software and might collect the fees in Dash. Did you mean you will pay out the profits or commissions of your brokers and their clients who are all using your platform via Dash?

Thanks
 
Dear @paragon

Thanks very much for the responses. Out of curiosity, are you the founder of the company Amzar and how did you become so interested in Dash?

To be exact, I'm part of earlier RocketTeam member setting up the company from scratch. TBH, we are planning to set up our own ICO since we have our another company actively running cryptocurrency mining consultation but after introduced by the partner about Dash, me personally do some research about Dash especially cheaper and faster transaction makes me really interested to go further research on Dash.

Also could you better explain this statement of yours:
"Rocket - We will need to pay monthly fee for software license fee. As for now, we have to pay them via wire transfer which incurs delay and a lot of hidden fees that shrink the value of money. So, Dash will help us to transfer the money to the provider as you mentioned, fast and cheaper option."

I thought you were collecting fees from people or companies who set up online brokerages for their clients through your system.Could you please explain what software fee you are planning to pay in Dash? I thought you created the software and might collect the fees in Dash. Did you mean you will pay out the profits or commissions of your brokers and their clients who are all using your platform via Dash?

Thanks

Yes, we do colllecting fees from our client but we also need to pay for trading platform as we never create by our own. We are using the most famous trading platform among Forex Trader which is MT4 platform and even we also need to fund client's account to Liquidity Provider for execute transaction. As for the fee, the client will need to pay our service as well which is for website and additional system ( plugin ) been developed by us. Basically, there's also a lot of remittance transaction will be done by Rocket for our current business not to mention our clients and traders as well.

Cheers,

Amzar
RocketTeam
 
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Hi guys,

As for today, we have created a teaser video for marketing purpose. This video's duration took about 0.40 seconds approximately. We will update our progress here from time to time.
 
Hi guys,

As for today, we are going to present to you guys our roadmap of this pre-proposal. Since it is a quite big project for us, we need to have a proper planning to make sure our plan is on the right track.



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Feel free to point out your suggestions and opinions regarding this pre-proposal.

Thank You
 
Sounds good. I especially like how responsive you have been. If you can arrange an Escrow for the funds with @Green Candle or maybe even Core then i will vote for this.
 
Dear @TheSingleton ,

Thank you so much, we will keep update our progress with this project from time to time. So, we need from the community for feedbacks and suggestions to improvise more on our pre-proposal as well.

For your information, we already approach the Dash Force News, Craig Mason for a live interview to be arranged near soon.

We also already approached @Green Candle regarding the escrow service for our pre-proposal. As for now, we are still waiting for their feedback so that we can arrange the Escrow service.

Last but not least, thank you @TheSingleton Sir so much for your feedback and we will keep updating our progress everyday to ensure the community know what's the progress then.

Cheers,

Amzar
RocketTeam
 
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Dear all,

Latest update on our graphic marketing, we are creating a simple yet reachable content to the public. It is one of the effort to create awareness among them. So, this graphic content will be posted on our social medias. And for the time being, we will create more graphic content that could attract public's awareness.

Now add to your cart and pay using DASH!

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Feel free to point out your suggestions and opinions regarding this pre-proposal.

Thank You
 
Dear guys,

Good day to all of you, in just a week, RocketPay has reached 100 likes on the Facebook page.

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Well, on this page we keep posting and updating about DASH and cryptocurrency to create awareness among Facebook users especially family and friends.

Feel free to point out your suggestions and opinions regarding this pre-proposal.

Thank You
 
Dear guys,

Happy Friday to all of you. Followed by our previous post, RocketPay's Facebook page has been viewed for 340 times and 242 post engagements.


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We are working to increase the number of page view and post engagements in future.

Feel free to point out your suggestions and opinions regarding this pre-proposal.

Thank You
 
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