Proposal “Alt36DashPaymentPlatformpart2“ (Completed)Back
| Title: | Proposal: Alt36 + Dash Payment Platform [part 2] |
| Owner: | ThirtySix |
| One-time payment: | 1399 DASH (30417 USD) |
| Completed payments: | 1 totaling in 1399 DASH (0 month remaining) |
| Payment start/end: | 2017-06-19 / 2017-07-19 (added on 2017-06-23) |
| Votes: | 738 Yes / 17 No / 11 Abstain |
Proposal description
Alt Thirty Six is submitting the Dash + 36 proposal [part 2]. We recently provided a monthly update via the Dash forum on 06.06.17. We have received the first two disbursements from the Dash Core team totaling $248,000 USD. These funds have allowed our team to build out our technical infrastructure and begin development. Since submitting the initial proposal some of the time requirements and schedules have shifted, but the project still requires 6 months as originally scoped.
Please review Dash + 36Proposal [part 2] by clicking the DropBox file link below: https://www.dropbox.com/s/i1jf8l2tmpez2ig/Official%20Dash%20Proposal-Part2%20-%20Alt36%20%2B%20Dash%20Payment%20Platform.pdf?dl=0
Requested funding is as follows for the July5th budget cycle:
Total amount requesting for remainder of Phase 1 is 1398.76 Dash ($496,000/2= $248,000 USD @ $177.30 per Dash based on the June 20th average rate at https://coinmarketcap.com/currencies/dash/
*The Dash Core team will hold the project funds in escrow until product development milestones are completed and the final payment will not be released until after the product is made commercially available.
The funding schedule is proposed as follows:
1. Dash to fund Alt Thirty Six 50% upfront to start the project, funded in two disbursements over the first two months by a project manager appointed by the DashCore team. [COMPLETE]
2. Dash to fund Alt Thirty Six 25% upon completion the following Technical Development completion; development environment setup, database scheme designed. [COMPLETE]
3. Dash to fund Alt Thirty Six the final 25% provide complete test report, confirm software has been fully installed and tested on the production environment. Product is ready to launch for commercial use.Alt Thirty Six has come to an agreement with the Dash Core team that includes a penalty extending up to 36 months of exclusivity. [IN PROGRESS]
Project Charter Information - click this link!
Project Update July 2017 - click this link!
Project Update Aug 2017 - click this link!
Project Update Sept 2017 - click this link!
Please review Dash + 36Proposal [part 2] by clicking the DropBox file link below: https://www.dropbox.com/s/i1jf8l2tmpez2ig/Official%20Dash%20Proposal-Part2%20-%20Alt36%20%2B%20Dash%20Payment%20Platform.pdf?dl=0
Requested funding is as follows for the July5th budget cycle:
Total amount requesting for remainder of Phase 1 is 1398.76 Dash ($496,000/2= $248,000 USD @ $177.30 per Dash based on the June 20th average rate at https://coinmarketcap.com/currencies/dash/
- July 5th Payment 699.37 Dash
- Aug/Final Payment 699.37 Dash
*The Dash Core team will hold the project funds in escrow until product development milestones are completed and the final payment will not be released until after the product is made commercially available.
The funding schedule is proposed as follows:
1. Dash to fund Alt Thirty Six 50% upfront to start the project, funded in two disbursements over the first two months by a project manager appointed by the DashCore team. [COMPLETE]
2. Dash to fund Alt Thirty Six 25% upon completion the following Technical Development completion; development environment setup, database scheme designed. [COMPLETE]
3. Dash to fund Alt Thirty Six the final 25% provide complete test report, confirm software has been fully installed and tested on the production environment. Product is ready to launch for commercial use.Alt Thirty Six has come to an agreement with the Dash Core team that includes a penalty extending up to 36 months of exclusivity. [IN PROGRESS]
Project Charter Information - click this link!
Project Update July 2017 - click this link!
Project Update Aug 2017 - click this link!
Project Update Sept 2017 - click this link!
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Discussion: Should we fund this proposal?
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I am truly wandering how many gold nuggets will appear out of your NDA agreements as well.