The idea is simple in theory at least.
You would deposit your dash into a fund, lets say 40 dash.
Masternodes would approve groups of say 10 branded machines. You would deploy and manage the machine based on community guidelines.
There could be a few options.
And receive your dash back at a slow fixed rate over X years assuming machine is up.
Or buy out and receive dash - current usd value.
We could also have a insurance fund.
Another idea is to do this through treasury proposal.
Operators would contribute to a bulk buy fund, this would be used to purchase bulk machines. A 12 month proposal would be made in dash and payouts would be made monthly by a selected manager.
From a business standpoint i do think a proposal like this needs to happen. Running ATMs is expensive, high risk and a lot of work but the physical presence is second to none. As price continues to move up anyone seeking to sped their dash on a ATM would probably lose money over keeping that money in Dash. A plan like this would hedge against that. With enough machines out there it would also put pressure on them to add Dash as a purchase option. I would also allow operators to decide to allow other cryptos. These machines would have to have low fees.
You would deposit your dash into a fund, lets say 40 dash.
Masternodes would approve groups of say 10 branded machines. You would deploy and manage the machine based on community guidelines.
There could be a few options.
And receive your dash back at a slow fixed rate over X years assuming machine is up.
Or buy out and receive dash - current usd value.
We could also have a insurance fund.
Another idea is to do this through treasury proposal.
Operators would contribute to a bulk buy fund, this would be used to purchase bulk machines. A 12 month proposal would be made in dash and payouts would be made monthly by a selected manager.
From a business standpoint i do think a proposal like this needs to happen. Running ATMs is expensive, high risk and a lot of work but the physical presence is second to none. As price continues to move up anyone seeking to sped their dash on a ATM would probably lose money over keeping that money in Dash. A plan like this would hedge against that. With enough machines out there it would also put pressure on them to add Dash as a purchase option. I would also allow operators to decide to allow other cryptos. These machines would have to have low fees.
