Pre-Proposal: DASH MERCHANT VENEZUELA - MASSIVE ADOPTION PROGRAM (2000 merchants in 3 months)

Would you support this proposal?

  • Yes

    Votes: 46 95.8%

  • No (please let us know why)

    Votes: 2 4.2%

  • I don't know yet (feel free to ask any question)

    Votes: 0 0.0%
  • Total voters
    48
demo said:
I would like to vote the above numbers..... and make them more adaptive, to the current situation of Venezuela.
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Hello, thanks for your comment. Please, could you be more specific with this? We think that the numbers are very adaptive to the current situation in Venezuela, the salaries are very good in order to have the best team for this job and also to motivate them. Companies in Venezuela pay very good salaries to their best employees in order to hold them. A 30$ salary is not enough for living, and that is why employees leave the companies. We will have a high quality and motivated team
 
Tomas Alfaro said:
hello @AlejandroE, I believe the Legal Advisor is one of the pillars of your project. The first Q of merchants will be: "que hago con el SENIAT?" (what should I do with IRS & Taxes?) I'd like to know that answer and the second Q will be: how I know the equivalency of Dash to Bs? I believe if you cover those aspects adoption will be massive. Mucha suerte mi pana!
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Hello Tomas, thank you for your questions!

1- In Venezuela we already have a legal framework for cryptocurrencies, so it is legal to accept payments with cryptos. We are already working with our legal advisor (Carlos Trujillo) setting up a legal/acountable guide for merchants, it will have all the articles and executive orders that show that cryptos are legal in Venezuela. This will be part of the courses we will give to merchants.

2- There is a website called dashven.com which shows a reference rate of Dash/Bolivares/Dolar, it is very useful. Also, there are many exchanges which show the Bolivares/Dash rate before you buy or sell your dash. Some of these are: Cryptobuyer.io, Basichange, Cryptoway, and soon Cryptolifex and Colibit will be live.

Thanks again!
 
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solarguy said:
This seems like a far more effective strategy than air dropping a bunch of Dash and hoping the merchants show up.

And, at a tiny fraction of the price.
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Thank you very much solarguy! We have clear what is our strategy and we will do our best to make it happen! Thanks again for your support
 
Dashop is looking forward to on-boarding and integrating the Venezuelan merchants into the nueva economía Dash!
 
I am very excited to be a part of this project, along with all the support from the team from DASH VENEZUELA.

This has a lot of possibilities both for merchants and for the Venezuelan people in general.

For Venezuela, DASH has not only the benefits it has for everyone all around the world. We have specific problems for which DASH brings specific solutions, such as:
  • Lack of cash.
  • Malfunction of debit and credit cards POS.
  • Daily and weekly limits of the amount of wire transfers.
  • Exchange control.
  • Hiperinflation.
So, massive merchant adoption will help solve this problems, people who live in Caracas will be able to buy goods and services directly using DASH, also their friends and families who live abroad can buy gifts and aids for them, merchants can import parts and materials and export their products... the world opens up for us!

I hope MNOs and all the community reads, comments and vote when the proposal goes up.
 
I am so excited about this proposal. We are sure that with this type of ideas we will achieve that DASH circulates more in our economy.
From Guayana we hope we can also help them reach those spectacular numbers that have been proposed.
Un saludo desde la tierra del oro y el hierro.
 
Tomas Alfaro said:
hello @AlejandroE, I believe the Legal Advisor is one of the pillars of your project. The first Q of merchants will be: "que hago con el SENIAT?" (what should I do with IRS & Taxes?) I'd like to know that answer and the second Q will be: how I know the equivalency of Dash to Bs? I believe if you cover those aspects adoption will be massive. Mucha suerte mi pana!
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Hello, I'm the legal advisor of the team. I think it's necessary to clarify that the Venezuelan government has already begun to create a regulatory framework for cryptocurrencies in the country, you can see that in "Gaceta Oficial 6,346 - Creación de la Superintendencia de Criptoactivos y actividades conexas" and is regulating the activity of the national exchanges, as well as the accounting and tax framework, we have begun to develop together with specialists in the subject with important advances. I'll be happy to explain this and much more to the merchants with Dash Merchant Venezuela so that we can turn our country into a DASH nation. Greetings
 
AlejandroE said:
Hello, thanks for your comment. Please, could you be more specific with this? We think that the numbers are very adaptive to the current situation in Venezuela, the salaries are very good in order to have the best team for this job and also to motivate them. Companies in Venezuela pay very good salaries to their best employees in order to hold them. A 30$ salary is not enough for living, and that is why employees leave the companies. We will have a high quality and motivated team
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I am a result oriented person. I dont care about how hard you work, I dont care about your high quality and your motivated team, I only care about the results of your work.

So I would not pay you unless there is a result. I would require an escrow service, and I would pay you per merchant you manage to convince. You are asking 170 dash, you promised 2000 merchants, so I would pay you 0,085 dash per merchant you manage to convince. Furthermore, if I wanted a smarter contract, I would not pay you per merchant, but per dash transactions every convinced merchant does.

One step beyond, I would allocate all this 170 dash in the budget system, and I would give X amount of dash to whoever in Venezuela manages to convince a merchant (which means that not only you you would be able to receive funds, but anyone who resides in Venezuela and is interested in working at the merchant adoption field). And of course I would constantly and endlessly vote and change this X number, in order to adapt accordingly to the market (to the job offering and the job demand).

This is how I would do business. But I am not a masternode owner (tx God), so dont take my opinion too seriously.
 
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Thanks for the proposal! We’re glad to see Dash making such progress in Venezuela across so many proposals!

Is there currently an incentive for a merchant to accept Dash other than the hope that they may get more sales in the future and that Dash is a better store of value than the Bolivar?

Have you considered giving merchants any type of direct incentive to implement Dash (not including the referral commissions given to the referrer) such as a discount on sales in Dash or a monthly bonus for accepting Dash as long as we verify every month they are indeed accepting it? I think some of us would support such an idea to give merchants that extra reward/upside for making the transition to Dash which may be intimidating and debatably profitable in the minds of many merchants.

Also, how much will integration with full legal compliance cost a merchant? Could we subsidize certain key integrations entirely (meaning completely offset their cost) in the case where we believe a particular merchant is especially important to spur adoption in Venezuela? If Venezuelans distrust the national currency very much, perhaps this would be unnecessary. I’d value your input on what incentive is not too much or too little to bring most merchants on board and to motivate them to refer other merchants. Perhaps you could survey some merchants and ask them what incentives would sufficiently motivate them.

Regarding the merchant referral program which requires a merchant to make five successful referrals in order to receive $15 in Dash as compensation, by structuring it this way, you are basically saying that if the merchant cannot bring a total of five or more merchants to successfully adopt Dash at their businesses, then he might as well not try to acquire us any merchants at all because he won’t receive anything in return for acquiring us 1-4 merchants. I don’t think that this is fair to the merchant or optimal for Dash as merchants who don’t believe they can acquire us five or more merchants will not end up acquiring us any. I think that every referral that a merchant makes should be compensated with Dash (if you do it proportionally, that’d be $15/5 = $3 although I wouldn’t be against giving more assuming that market research indicated that more was more appropriate to provide sufficient incentive). If, for whatever reason, you really wanted to incentivize merchants to refer five or more of their fellow merchants, what you could do is give them a bonus on top of the $3 per merchant every time they acquire a total of five new merchants (maybe you double or triple every fifth payout to $6 or $9).

Thanks in advance and keep up the laudable efforts!
 
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paragon said:
Thanks for the proposal! We’re glad to see Dash making such progress in Venezuela across so many proposals!

Is there currently an incentive for a merchant to accept Dash other than the hope that they may get more sales in the future and that Dash is a better store of value than the Bolivar?

Have you considered giving merchants any type of direct incentive to implement Dash (not including the referral commissions given to the referrer) such as a discount on sales in Dash or a monthly bonus for accepting Dash as long as we verify every month they are indeed accepting it? I think some of us would support such an idea to give merchants that extra reward/upside for making the transition to Dash which may be intimidating and debatably profitable in the minds of many merchants.

Also, how much will integration with full legal compliance cost a merchant? Could we subsidize certain key integrations entirely (meaning completely offset their cost) in the case where we believe a particular merchant is especially important to spur adoption in Venezuela? If Venezuelans distrust the national currency very much, perhaps this would be unnecessary. I’d value your input on what incentive is not too much or too little to bring most merchants on board and to motivate them to refer other merchants. Perhaps you could survey some merchants and ask them what incentives would sufficiently motivate them.

Regarding the merchant referral program which requires a merchant to make five successful referrals in order to receive $15 in Dash as compensation, by structuring it this way, you are basically saying that if the merchant cannot bring a total of five or more merchants to successfully adopt Dash at their businesses, then he might as well not try to acquire us any merchants at all because he won’t receive anything in return for acquiring us 1-4 merchants. I don’t think that this is fair to the merchant or optimal for Dash as merchants who don’t believe they can acquire us five or more merchants will not end up acquiring us any. I think that every referral that a merchant makes should be compensated with Dash (if you do it proportionally, that’d be $15/5 = $3 although I wouldn’t be against giving more assuming that market research indicated that more was more appropriate to provide sufficient incentive). If, for whatever reason, you really wanted to incentivize merchants to refer five or more of their fellow merchants, what you could do is give them a bonus on top of the $3 per merchant every time they acquire a total of five new merchants (maybe you double or triple every fifth payout to $6 or $9).

Thanks in advance and keep up the laudable efforts!
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Hello Paragon, thank you very much for reading our pre proposal and giving us your feedback. Regarding your points:

- Yes, we are thinking and planning a strategy for giving incentives to merchans that accept and have real transactions in Dash. In this way, they will incentive their clients to pay in Dash too, and this will increase the number of transactions.

- We will give free advisory to merchants regarding to the legal framework of Dash and cryptocurrencies in Venezuela. Thanksfuly Venezuelan goverment already made cryptos legal and there are decrets/ executive order which show this. We will give these detailes to merchants when we visit them and also in the educational courses/trainings. We made a survey and we noticed that the major incentives for merchants to accept Dash is to have their capital (sales) in a strong curreny, a fast/easy way of accept payments (instead of current POS network) but they NEED to have more information in order to trust in this new system.
There are some important (VIP) merchants that we want to get, and we will approach them in a different way we approach the other merchants. These are: hotels, airlines, big chains of supermarkets, pharmacies, etc.

- Referral program. You made a very important point here and we will absolutely consider it. Giving a bonus for each merchant they refer instead of giving bonus only if they get 5, is a great idea. We will discuss this point right away.

Once again, thank you very much for your feedback, it is very valuable for us!
 
Extraordinary proposal..!

Very well designed .. Get directly to the merchants to adopt a Dash as payment method is fabulous ...!

Dash Maracay wishes you success ...!
 
Thank you all for your support. This week will do some activities related to merchant adoption in order to test our strategies. Soon we will post some updates!
 
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