Welcome!

Friendly reminder to Masternodes: All your votes from last month are cancelled, null and void. Unlike previous months where successful proposals can kind of coast because all their YES vote carry over, this month, THEY DON'T. Please go vote so that we don't leave deserving proposals high and dry. If you are having problems voting, this thread will likely solve your problem, otherwise ask.

https://www.reddit.com/r/dashpay/comments/bi7bk3/1_day_to_go_for_latest_dash_budget_cycle_please/

The clock is ticking.....17 hours. Let's get after it!
solarguy

Dash Watch April 26th 2019 Report on
Dash Text - 2nd phase by LorenzoReyC
https://dashwatchbeta.org/r/APR19/ash-Text-2nd-Phase-Remittances

Assuming, recent price increase does not go back to 90 dollar per coin. What will be done with the additional funds ?

Yes as carlomile3 mentioned, in that case donations will be extended in time, as the 1$ per student per day now costs less Dash.

Lorenzo

more people will receive a donation mate. i think that.

Dash Watch March 26th 2019 Report on
DASH TEXT - 2nd phase by LorenzoReyC
https://dashwatchbeta.org/r/MAR19/ash-Text-2nd-Phase-Remittances

This is good stuff. I've noticed the pilot program is ending but seems like the account is still receiving donations. Will the program continue as long as the account is funded? If not, what happens to the leftover funds? Also, who controls the private key for the account?

Hello nerdmoney thanks for the support! yes the school from the pilot will continue to receive donations so long as there is money in the donation address, this is completely transparent and traceable on the blockchain. Once we update the site for the full program you'll be able to donate to different schools and have it spread instantly. The address of the pilot school is coded inside the Dash Text platform to distribute 1$ to each student every school day.

Lorenzo

Charity bundled with a dying proposal. No.

IMO wallet services and charity programs don't belong together in one proposal.

Sorry to hear that, while I share similar views with traditional charities, what we are building here a next gen charity system where the donor gets full transparency of where his donation went.

Lorenzo

You have my support, good luck.

Thank you so much qwizzie!

Lorenzo

Is this the first true P2P charity in the world? Should make mainstream news if it works.

Yes this is the first true distributed charity system in the world (prefer the word distributed rather than P2P as the latter could be misunderstood by some). The pilot has already gotten worldwide attention and dozens of articles written about it.

Hopefully the mainstream media will pick it up when we do the full launch.

Thanks for your support
Lorenzo

If a phone can run Telegram, can't it also run a proper wallet?

Hello masternube great question!

Can it run a wallet app ? Yes

Can it run it reliably? In many cases no.

The #1 request we get on the Dash Help Support center is people having syncing issues with the Dash wallets, because yes they have smartphones, but many have very old smartphones with low memory and they just can't run the apps reliably.

Having Telegram and WhatsApp allows people with old or cheap smartphones with low memory to still use Dash on the chatting applications they already have installed and that they use everyday to talk to friends and family.

It also allows their family overseas access so they can send them money using just their phone number rather than long addresses and without needing to install anything.

In the beginning we wanted to be SMS only but for all the reasons explained above we thought it was a good decision to also enable Dash Text in Telegram and WhatsApp.

Dash Text both via SMS or on popular chatting apps is also the easiest way to show someone Dash for the first time, no downloads or hassles or explaining what an address is, so it works great for newcomers to experience it for the first time.

Hope to get your support
Lorenzo

Correct me if I am wrong most MNO keep stating 'cut out the middle man who takes a slice'

Well clearly the team is taking a slice the kids will only receive 6000$ worth of food as per the proposal

The remaining 24,000$ usd are being pocketed by the organizers in the name of charity very appalling

Voting NO!

Hello Realmrhack, it is very clear that the budget of this proposal is not to give out to charity. So you saying that we are pocketing the majority of the money for the charity is a misrepresentation at best or it simply shows that you didn't read the proposal at all.

If you read the proposal you will clearly see that the budget is for the continued development of the Dash Text software and the deliverables are listed on the proposal description, the charity PLATFORM is one of the deliverables, but I encourage you to read them all.

The 3000$ in donations was included just to have some funds to kickstart the new schools that will be added to the program before they start receiving donations from all over the world once they are up on the site, but this is not a proposal to raise money from the treasury to give out to charity.

Lorenzo

Lorenzo,

Read my statement carefully before making misinformed posts,. And as per your budget breakdown provided above!

Development: 2150 USD ----- 23.9 Dash
 Salaries: 5300 USD ----- 58.9 Dash
 Donations for Charity Program: 3000 USD ----- 33.3 Dash
 Marketing and Multimedia: 3650 USD ----- 40.6 Dash
 Other expenses: 980 USD ----- 10.9 Dash
 Proposal fee refund: 2.5 Dash

 Total cost per month: 15.080 USD ----- 170.1 Dash


5300 salaries!
3650 marketing
2100 development

Only 3000$ allocated to charity as you see above!so yes as per those numbers you are taking majority of the funding for 'admin costs'. The words 'pocketting'. Where never used

Thank you

Those are the numbers for the salaries, multimedia and development of Dash Text as a whole, those are not the admin costs of a charity, the whole point of this program is so that people who donate to charity don't have to pay admin costs and 100% of their donation goes to the kids with full transparency.

And you did use the word pocketing in "being *pocketed* by the organizers", you also ended the sentence with "very apalling" along with the false accusation.

Not nice Realmrhack.
Lorenzo

I don't like the tone of voice of RealmrHack,

But I think his question is far. Assuming the price goes up does this really mean that in case the budget goes up with 100% the cost stay the same in terms of dollars, but the donation exponentially get larger ?

This project has a number of important benefits for DASH and for Venezuelan kids.

1. To my knowledge this is the first decentralized charity system in the World. This is important for DASH because it will create invaluable World Wide PR but also it will set a model for specific charity types that can operate without the need of a "middle man" that takes their slice of the funds. With this program 100% of the donations go directly into the wallets of the kids that need it.

2. The funds are fully trackable through the new website that is being put together for this proposal. This gives transparency to the transactions and assurance that the people that need the funds will be getting them. My understanding is this can be validated because each child has their own unique receiving address which is logged on the website with their name and photo and the receipt of those funds to each address can be validated on the blockchain explorer.

3. The kids will be learning how to use DASH in order to receive and spend it. This is important on many levels. Kids are the future and once they know how to use a technology they will have that skill for life. In addition they will be sharing their experiences with their parents who will then be introduced to DASH through their child's experiences with getting free breakfasts. Therefore this program not only benefits the kids, and trains them on how to use DASH but their parents also will learn about DASH. If you consider how a parent would feel knowing that their children are receiving a breakfast from DASH.

My suggestion would also to consider if the schools might hold a parent's evenings to teach interested parents about DASH once they have learned about their child's experience.

4. In order to remit DASH from outside Venezuela the Venezuelans that have left will also have to learn about DASH. I believe that this team will be putting together instructions for Expat Venezuelans on how to make those remits. Therefore this program teaches the kids, the parents, the schools and the people outside of Venezuela.

5. This program is likely to bring in large amounts of DASH into Venezuela from those Venezuelans outside of the country. This will improve liquidity and availability of DASH in Venezuela. This is very important because DASH Merchants Venezuela (DMV) team have signed up large numbers of merchants that are waiting for customers to be able to spend DASH in their stores. This program will bring in DASH to enable that to happen.

6. Finally, and most importantly, it will be helping children in Venezuela. I think all MNOs should consider donating some of their monthly rewards to this program. I intend to regularly donate to this program and I think there is no better way for us to spend our DASH on a worthwhile cause like this in the full knowledge that 100% of our donations are going directly to the people that need it.

This is another innovated 1st from this team. They were the first in the World to create a Cryptocurrency Help Support Centre, The first to create an organized DASH Merchant sign up program, The first in the World to create text based Dash controlled Wallets, and now the very first Decentralized Charity program in the World.

Amazing work guys!

Great points! Thank you so much for your continued support and counsel DeepBlue.

Lorenzo.

Excellence.

For the record, I too am against the use of the Dash treasury funds for charities. In this case though, this charity mechanism is groundbreaking with the obvious potential for future replications. voted YES.

While I am against using the budget for charity, this can have a measurable net positive on Dash. I will be voting yes

Hello name3, we appreciate your support, I agree with your general stance on charities, and I agree even more that this one is different and has a big net positive for Dash, we get a lot back in transactions, real world use, brand awareness, and worldwide good PR for innovating.

Thanks again for your support
Lorenzo

Dash Watch can confirm we have been in contact with Lorenzo Rey who has requested we carry out a full financial review for this proposal if it is successfully funded to ensure complete transparency with the financial expenditures listed.

Thank you Dash Watch Team, we are commited.

Sincerely
Lorenzo

Food comes before smart phones and 'dumb phones' though. I consider mobile phones to be a luxury item. I remain cynical at all times with charities, but nonetheless...I am impressed :-) ...donation made.

Hello Criticalinput, thank you so much for your support!

Lorenzo

BOOM ! ...this is 'next level' as far as charities go. voting YES.
Like many, I've surely been ripped off with charity donations in the past (whilst in Cambodia in my case).

FYI...this is the DashText charity donation address: XvgMFKiyQTvXzM8vSw3uYzAnNV4tBfGs6D
https://chainz.cryptoid.info/dash/address.dws?XvgMFKiyQTvXzM8vSw3uYzAnNV4tBfGs6D.htm
https://dashtext.io/charityprogram/