Proposal “lamassu-integration“ (Closed)Back
| Title: | DASH-Lamassu ATM Integration |
| Owner: | eduffield |
| Monthly amount: | 610 DASH (17364 USD) |
| Completed payments: | no payments occurred yet (12 month remaining) |
| Payment start/end: | 2016-01-07 / 2017-01-19 (added on 2015-12-28) |
| Final voting deadline: | in passed |
| Votes: | 1472 Yes / 481 No / 0 Abstain |
| External information: | www.dashwhale.org/p/lamassu-integration |
Proposal description
We are very happy to announce our project to integrate Dash into the Lamassu ATM machines. One of our top priorities from a business development perspective is to improve direct access to our network for end users. We believe crypto ATMs are a great way for regular people to get access to DASH without being adept to crypto-currency online trading and Lamassu has currently the largest number of machines operating around the world of all the manufacturers.
Crypto ATMs will help bring DASH into the everyday life of regular users and increase utility by providing a physical bridge into the network. Dash is partnering with Deginner, a development firm with experience with the Lamassu machiness and the awareness of Lamassu to perform the integration. Support over a longer time frame is required to ensure the integration will be maintained for any changes in Dash or the Lamassu system, for this, Deginner will include a two year support for the integration. Ira Miller, from Deginner, has been instrumental in opening this opportunity for Dash by leading the conversation with the Lamassu team and making sure they are aware of the project.
This is a big project, as one key requirement of the integration is for Dash to be able to be presented to the user side-by-side with Bitcoin, meaning a current BTM operator can continue to offer BTC as he normally does and just expand to also offer DASH as an alternative by selecting an option in the menu if he desires. This means the whole system, including the UI, need to change as it was originally designed to do only BTC. This is critical to make it attractive for existing operators to offer Dash without any disruption to their BTC business or machines, just a menu option where they can activate DASH support at will. Also, for new DASH ATM operators which primary interest is DASH it makes sense to also offer BTC, creating synergies between both networks. The alternative of converting the machines from BTC exclusive to DASH exclusive was not really viable as there would not be a business case for current BTM operators to exclude BTC in favor of DASH at this point in time.
Ira Miller, Deginner founder and CEO, is a developer and entrepreneur working in Bitcoin since 2011, he was part of Bitinstant and founded Coinapult in 2012 with Erik Vorhees, which he sold in 2015. We hope that Ira’s collaboration and support for Dash continues in years to come.
Deginner was founded in early 2015 by former Coinapult CEO and CTO, isysd and g-p-g. The Deginner team has built many cryptocurrency services and apps in the past, and now focuses entirely on open source tools. They developed the lamassu-coinapult trade, wallet, and ticker plugins, and have good relationships with the Lamassu team, as well as many of their operators. If this project is approved, Deginner will ensure it is deployed on at least one network of BTMs, starting with the one in Panama City, Panama.
Special thanks to Minotaur (Head of Business Development for Dash) for making this possible.
More information: https://github.com/deginner/DashLamassuProposal | https://angel.co/ira-miller
Crypto ATMs will help bring DASH into the everyday life of regular users and increase utility by providing a physical bridge into the network. Dash is partnering with Deginner, a development firm with experience with the Lamassu machiness and the awareness of Lamassu to perform the integration. Support over a longer time frame is required to ensure the integration will be maintained for any changes in Dash or the Lamassu system, for this, Deginner will include a two year support for the integration. Ira Miller, from Deginner, has been instrumental in opening this opportunity for Dash by leading the conversation with the Lamassu team and making sure they are aware of the project.
This is a big project, as one key requirement of the integration is for Dash to be able to be presented to the user side-by-side with Bitcoin, meaning a current BTM operator can continue to offer BTC as he normally does and just expand to also offer DASH as an alternative by selecting an option in the menu if he desires. This means the whole system, including the UI, need to change as it was originally designed to do only BTC. This is critical to make it attractive for existing operators to offer Dash without any disruption to their BTC business or machines, just a menu option where they can activate DASH support at will. Also, for new DASH ATM operators which primary interest is DASH it makes sense to also offer BTC, creating synergies between both networks. The alternative of converting the machines from BTC exclusive to DASH exclusive was not really viable as there would not be a business case for current BTM operators to exclude BTC in favor of DASH at this point in time.
Ira Miller, Deginner founder and CEO, is a developer and entrepreneur working in Bitcoin since 2011, he was part of Bitinstant and founded Coinapult in 2012 with Erik Vorhees, which he sold in 2015. We hope that Ira’s collaboration and support for Dash continues in years to come.
Deginner was founded in early 2015 by former Coinapult CEO and CTO, isysd and g-p-g. The Deginner team has built many cryptocurrency services and apps in the past, and now focuses entirely on open source tools. They developed the lamassu-coinapult trade, wallet, and ticker plugins, and have good relationships with the Lamassu team, as well as many of their operators. If this project is approved, Deginner will ensure it is deployed on at least one network of BTMs, starting with the one in Panama City, Panama.
Special thanks to Minotaur (Head of Business Development for Dash) for making this possible.
More information: https://github.com/deginner/DashLamassuProposal | https://angel.co/ira-miller
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Discussion: Should we fund this proposal?
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Exposing how Bitcoin and Dash users are unwittingly being exposed to HODL worthless Tether Tokens via unregulated centralised exchanges and in wallet Lock(TM) features!
https://medium.com/@untetheredbtc/how-the-tether-usdt-distribution-system-works-84a5c673bec0
No Info = NO DASH
Over 7K a month for nothing?
1) How many Bitcoin ATM operators did 'Dash Core' contact for feedback, before submitting the "DASH-Lamassu ATM Integration" proposal?
2) In a few sentences, what was the feedback consensus?
Thanks.
Daniel Diaz seems to think that just because the Lamassu ATM Proposal didn't mention a Fiat value we should continue handing out Dash to the Lamassu proposal. You can read his post here:
https://www.Dash.org/forum/threads/lamassu-update.10266/#post-101967
Here is the quote.
"There is also no mention of any USD value at all, applying current FIAT value to past expenses leads to confusion, it also happened with the Dash.org domain purchase, which was a great win."
So we have a project with no set amount of fiat budget only Dash. So if Dash goes to $100 we keep giving them 610.26 dash per month. He claims the same thing happened with the Dash.org URL purchase which is complete bullshit. What happened was the December payment missed and Daniel started crying about how he fronted his Dash for the costs of that and should be reimbursed. I won't argue that point right now  because it's not relevant. What is relevant is that the network ended up paying over $35K for a URL that was supposed to be $20K. It's that simple. Math doesn't lie.
With respects to Lamassu we've paid them already $29K. If we allow them to get another payment it will be another $9K (if price stays same). Nothing has been delivered. I Â know one guy attempting to get support for his Lamassu atm (which he purchased because he thought this proposal was with l=Lamassu which it is not), support is not there. The proposal text clearly states the support will be included for up to two years. Daniel Diaz doesn't seem to understand basic math. Just because a fiat value is not mentioned in the proposal doesn't mean the Dash you are getting are not worth that much.
I highly advise all masternode owners to read this document which contains facts about the Lamassu Proposal. I will not ask people to vote no with me but I will state that if you continue supporting this proposal i question your level of competence.
https://drive.google.com/folderview?id=0B7QC8BXGNXxUdEJrOTl3UzdCcTQ
that said, from what i understand they are running a tab and only are getting paid for work that's done as it's done. part of the deal was support for a year or so after the 1 year proposal had ended. now i though it was supposed to be free support but it looks like the support will be funded by the credit we have left over with them.
seems a bit shady so hopefully someone can correct me if i'm wrong.
I like the idea but I am seriously allergic to intrusive and unnecessary id checks and registration. I'm undecided - which means no - and I think at this stage I'd rather see a decentralised local-dash-coins app / website.
I wonder how far we could get putting those funds in an exchange or a 'bitdash'? Bitcoin needs ATMs because of its slow transaction speed. Dash can go directly to point of sale.
But, this proposal stimulates imagination of investors. That increases the price, increases budget purchasing power, ultimately allowing us to reach the goal of real user adoption. This outcompetes the issues mentioned above by 10x.
Therefore this proposal is awesome, important and worth our full support!
IMO a good bid/ask exchange pairing USD against DASH is the single biggest thing missing.
You can do this now, but really only with a fixed dash/btc address pair in shapeshift. A rotating address and front end would make ATM and merchant adoption easier.
The fact that this is a prerequisite for all broker-type services is why I say it should be Dash's highest priority IMO. Or the highest priority of any altcoin after the fiasco of bad exchanges in the past. The lack of trustworthy exchange methods has become a bigger problem than lack of trust in altcoins themselves.
You have to remember about tests, infrastructure, security, maintenance from technical perspective. But you need to remember about licenses, lawyers, audits - if you work with fiat money everything is regulated. I have never estimated it but suppose that investment in development and release of an exchange would be like 100-200kUSD (just guessing).
Then when it is finally live you need to have a lot of people hired for operations, monitoring, tickets resolution, call center etc. And all of this means continuous effort and cost. We would be lucky if it was only 20kUSD per month.
Estoy de acuerdo sobre el edit boton.
Que ofreciste en la mesa de Dash, no?