MoKa
Member
We've just launched the proposal at dashcentral:
https://www.dashcentral.org/p/Vaultoro_to_implement_DASH
Gold for Dash: Vaultoro Exchange to implement DASH.
The biggest physical gold/bitcoin-Exchange of the world (operated in UK and Germany with storage in Switzerland) is looking for diversification into other cryptos -
and with the help of this proposal DASH will become the first bitcoin alternative to be implemented!
1. Who is Vaultoro?
Vaultoro (http://www.vaultoro.com) was the first exchange to offer a bitcoin/physical allocated gold trading pair more than 3 years ago, so users would never have to go back to fiat for hedging volatility.
Vaultoro has been working towards its vision of developing the world’s biggest asset-based security solution. The goal is to create a fair, global financial system for everyone. Vaultoro wants to enable everyone to easily and quickly manage their physical and digital assets such as gold, silver and currently bitcoin. It is ready for the unbanked, for people in countries where government has destroyed its own money, for conservative goldbugs all over the world, for libertarians and for all who need a civilized safe haven where you have law enforcement and property rights guaranteed. Vaultoro creates technical solutions by which customers can use their physical gold as a means of payment. Our products include Vaultoro Trading, the world’s first real-time trading platform for gold and bitcoin, as well as Bar9, the gold savings account. Right now more than 0.5 tons of gold ($23,245,757) are being vaulted (https://audit.vaultoro.com) and 1.8 tons of gold (approx. $76.500.000) have been traded via Vaultoro. The quantity of gold traded is increasing every month. The head offices are located in Berlin and London, their vault is located in the freeport “Zollfreilager Embrach” Switzerland The company currently has more than 12,000 customers from 94 countries.
Vaultoro also has pioneered exchange transparency developing the glass books protocol to become the most transparent exchange in the world while keeping client data absolutely private.
2. Purpose of this proposal?
We are seeking to integrate DASH in an existing and working crypto-gold exchange, not only to bring DASH to our 12,000+ users from 94 countries but also to make our gold and general commodities community aware of DASH’s advantages and user friendly features.
3. What’s in it for DASH?
We will list DASH/Gold and DASH/BTC trading pairs on Vaultoro.com and thereby create thousands of DASH wallets for our users and our platform. By doing so, we reach out to the gold community: Implementing a commodities-DASH-Exchange with Vaultoro means giving DASH a whole new application and opening a whole new market: with new sources of borderless international wealth transfer and fiat independency. Being the first cryptocurrency (after bitcoin) to become directly interchangeable with physical gold means: DASH is getting the opportunity to have a price discovery system based on hard assets and not just fiat. DASH will become more independent from fiat money and will thereby become more resilient to state regulation and fiat speculation. This means less volatility, more traffic and thereby more value.
4. What do we ask for?
241 DASH over a period of 4 months, calculated at a price of 350 €/DASH and a 15% buffer totalling 277.15 DASH. Any funds left over due to price appreciation will be used for marketing and a DASH usage bonus for customers using DASH.
5. Win Win Situation
Vaultoro is critical not only for DASH but also for the gold industry as a whole. For it could help dampen the volatility for DASH and gold price by
a) increasing traffic from DASH to gold and vice versa,
b) opening the way for a whole new community: the so called goldbugs (= $Billion Industry) to get the most modern way of direct payment without middlemen and the danger of losing control of their asset.
c) opening a fiat money independant source of value transfer, that is not dependant on highly speculative money created at will from central banks (with their bazooka policies) and affiliated speculative investors but is always backed by the asset that no other can equal with its unmatched high and stable stock to flow ratio but a very great, wealthy and conservative flock that adheres to the values only DASH can provide.
The difficulty is most of them just do not know it yet, although more and more goldbug opinion leaders side with the libertarian crypto crowd. In fact, both groups have many overlapping interests.
d) offering a transparent order book, visible to all participants, reduces the risk of price manipulation, yet not giving detailed information on the user himself (open market competition vs spot price dictated by 5 big players)
This is a great opportunity to offer a customer experience that is completely bank independent. The gold industry is a multi-billion dollar market. Although many of the vaults are located in secure legislations, they cannot liquidate or transfer values easily. However, with the service of Vaultoro they can. Most of them have to use bank wire transfers, which comes down to state controlled middlemen.
Since gold is stored in a secure surrounding - being different from legal-tender currencies - it has evolved over 6000 years to become THE default value asset (surviving even solar flares, wars and government shutdowns, - defaults, confiscation and prohibition sprees), keeps away exceedingly hazardous third parties, like burglars and confiscators or the banking systems henchmen that do not respect private property.
Higher traffic, lower volatility, a true usecase and gold as backing means even higher value for Dash.The role that the “petro-Dollar” had for oil, namely to be the dominating and outstanding currency for one asset could well become DASHs role for gold after adoption in this proposal, considering all its qualities and its possible edge in competition and first mover advantage.
We are looking forward to a successful cooperation with DASH. Please let us know about your views on this proposal. You are more than welcome to leave questions, opinions and suggestion on this proposal.
On behalf of Vaultoro please use this link for signup to help us keep track of the incoming traffic referred to this proposal.
---
Who am I?
My name is Moritz Kajdi, I am currently studying business economics at the University of Greifswald, Germany. I am a supporter of the Austrian School of Economics and therefore also a big fan of DASH and gold. I have written two articles (article 1, article 2) about cryptocurrencies in German that have gained much attention. One of them has been recognized by @tungfa who shared it on dash.org. I have also held a lecture on crytocurrencies at the University of Greifswald, Germany as part of a lecture series hosted by the Bundesverband deutscher Börsenvereine.
https://www.dashcentral.org/p/Vaultoro_to_implement_DASH
Gold for Dash: Vaultoro Exchange to implement DASH.
The biggest physical gold/bitcoin-Exchange of the world (operated in UK and Germany with storage in Switzerland) is looking for diversification into other cryptos -
and with the help of this proposal DASH will become the first bitcoin alternative to be implemented!
1. Who is Vaultoro?
Vaultoro (http://www.vaultoro.com) was the first exchange to offer a bitcoin/physical allocated gold trading pair more than 3 years ago, so users would never have to go back to fiat for hedging volatility.
Vaultoro has been working towards its vision of developing the world’s biggest asset-based security solution. The goal is to create a fair, global financial system for everyone. Vaultoro wants to enable everyone to easily and quickly manage their physical and digital assets such as gold, silver and currently bitcoin. It is ready for the unbanked, for people in countries where government has destroyed its own money, for conservative goldbugs all over the world, for libertarians and for all who need a civilized safe haven where you have law enforcement and property rights guaranteed. Vaultoro creates technical solutions by which customers can use their physical gold as a means of payment. Our products include Vaultoro Trading, the world’s first real-time trading platform for gold and bitcoin, as well as Bar9, the gold savings account. Right now more than 0.5 tons of gold ($23,245,757) are being vaulted (https://audit.vaultoro.com) and 1.8 tons of gold (approx. $76.500.000) have been traded via Vaultoro. The quantity of gold traded is increasing every month. The head offices are located in Berlin and London, their vault is located in the freeport “Zollfreilager Embrach” Switzerland The company currently has more than 12,000 customers from 94 countries.
Vaultoro also has pioneered exchange transparency developing the glass books protocol to become the most transparent exchange in the world while keeping client data absolutely private.
2. Purpose of this proposal?
We are seeking to integrate DASH in an existing and working crypto-gold exchange, not only to bring DASH to our 12,000+ users from 94 countries but also to make our gold and general commodities community aware of DASH’s advantages and user friendly features.
3. What’s in it for DASH?
We will list DASH/Gold and DASH/BTC trading pairs on Vaultoro.com and thereby create thousands of DASH wallets for our users and our platform. By doing so, we reach out to the gold community: Implementing a commodities-DASH-Exchange with Vaultoro means giving DASH a whole new application and opening a whole new market: with new sources of borderless international wealth transfer and fiat independency. Being the first cryptocurrency (after bitcoin) to become directly interchangeable with physical gold means: DASH is getting the opportunity to have a price discovery system based on hard assets and not just fiat. DASH will become more independent from fiat money and will thereby become more resilient to state regulation and fiat speculation. This means less volatility, more traffic and thereby more value.
4. What do we ask for?
- 35 DASH per month for technical development in order to integrate & maintain the new trading pairs & platforms
- 8 DASH per month for project management
- 4 DASH per month for accounting
- 5 DASH per month for legal consultancy
- 5 DASH per month for content marketing
- 2 DASH per month for travel expenses
- 5 DASH reimbursement for the proposal cost
241 DASH over a period of 4 months, calculated at a price of 350 €/DASH and a 15% buffer totalling 277.15 DASH. Any funds left over due to price appreciation will be used for marketing and a DASH usage bonus for customers using DASH.
5. Win Win Situation
Vaultoro is critical not only for DASH but also for the gold industry as a whole. For it could help dampen the volatility for DASH and gold price by
a) increasing traffic from DASH to gold and vice versa,
b) opening the way for a whole new community: the so called goldbugs (= $Billion Industry) to get the most modern way of direct payment without middlemen and the danger of losing control of their asset.
c) opening a fiat money independant source of value transfer, that is not dependant on highly speculative money created at will from central banks (with their bazooka policies) and affiliated speculative investors but is always backed by the asset that no other can equal with its unmatched high and stable stock to flow ratio but a very great, wealthy and conservative flock that adheres to the values only DASH can provide.
The difficulty is most of them just do not know it yet, although more and more goldbug opinion leaders side with the libertarian crypto crowd. In fact, both groups have many overlapping interests.
d) offering a transparent order book, visible to all participants, reduces the risk of price manipulation, yet not giving detailed information on the user himself (open market competition vs spot price dictated by 5 big players)
This is a great opportunity to offer a customer experience that is completely bank independent. The gold industry is a multi-billion dollar market. Although many of the vaults are located in secure legislations, they cannot liquidate or transfer values easily. However, with the service of Vaultoro they can. Most of them have to use bank wire transfers, which comes down to state controlled middlemen.
Since gold is stored in a secure surrounding - being different from legal-tender currencies - it has evolved over 6000 years to become THE default value asset (surviving even solar flares, wars and government shutdowns, - defaults, confiscation and prohibition sprees), keeps away exceedingly hazardous third parties, like burglars and confiscators or the banking systems henchmen that do not respect private property.
Higher traffic, lower volatility, a true usecase and gold as backing means even higher value for Dash.The role that the “petro-Dollar” had for oil, namely to be the dominating and outstanding currency for one asset could well become DASHs role for gold after adoption in this proposal, considering all its qualities and its possible edge in competition and first mover advantage.
We are looking forward to a successful cooperation with DASH. Please let us know about your views on this proposal. You are more than welcome to leave questions, opinions and suggestion on this proposal.
On behalf of Vaultoro please use this link for signup to help us keep track of the incoming traffic referred to this proposal.
---
Who am I?
My name is Moritz Kajdi, I am currently studying business economics at the University of Greifswald, Germany. I am a supporter of the Austrian School of Economics and therefore also a big fan of DASH and gold. I have written two articles (article 1, article 2) about cryptocurrencies in German that have gained much attention. One of them has been recognized by @tungfa who shared it on dash.org. I have also held a lecture on crytocurrencies at the University of Greifswald, Germany as part of a lecture series hosted by the Bundesverband deutscher Börsenvereine.
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