Thanks to a ruling made in Pennsylvania the barriers to compete with Coinbase ( fiat to crypto ) are slowly crumbling. ( https://cointelegraph.com/news/us-pennsylvania-rules-that-crypto-exchanges-atms-are-not-money-transmitters ) This provides the perfect opportunity for SmartCash to reduce it's reliance on exchanges.
My previous proposal contained multiple services in a single submission. I chose that route to avoid the 14 day waiting period between each submission ( ie: proposal voting process ). Under this model I would be able to complete a milestone, submit the proper SMART documents, and begin the next milestone.
Based on feedback from the community, and the advice of a few SMART team members I have closed the previous submission in favor of creating separate proposals.
In the event of multiple proposals passing the community is protected by the SMART team. I must complete each milestone in order to receive payment. Thanks to this rule I will be able to go through the voting process ahead of time, and the SMART community is guaranteed the delivery of each milestone.
Every milestone will be open sourced!
I developed BuyPivx.site as a MVP for PIVX ( I own the source code ). The goal is simple, Pay in fiat using an online payment processor, receive PIVX sent directly to your wallet address.
Online payment processors accept any online transaction, some well known payment processers have gone as far as partnering with cryptocurrency projects directly ( https://blog.sendwyre.com/wyre-partners-with-bzx-the-protocol-that-powers-decentralized-margin-lending-f838e72b6d63 )
I believe there is an opportunity for the SMART team or community to begin selling SMART directly. This will eliminate the direct reliance on exchanges while also providing users from around the world a wide range of payment options.
Paypal and Stripe have already been integrated. The API's to integrate each of the payment providers listed below are open. If accepted I will start with the list provided below and I will introduce new proposals to integrate additional payment processors once this proposal is complete.
Convert PIVX to SmartCash
- Redesign for SmartCash
- Fetch real-time SmartCash market data
|Date||Amount (US$)||Amount (Σ)||Description||Status|
|March 23, 2019||500.00||817,795.22 *||Convert PIVX to SmartCash||-|
|March 26, 2019||500.00||817,795.22 *||Integrate Wyre||-|
|March 29, 2019||500.00||817,795.22 *||Integrate Dwolla||-|
|April 01, 2019||500.00||817,795.22 *||Integrate Square||-|
|April 04, 2019||500.00||817,795.22 *||Integrate Adyen||-|
|Address||Voting Power||Vote||Is Valid|
|2019-03-05 12:26:38||Proposal created. Waiting for approval.||-|
|2019-03-05 20:49:39||Open voting. Deadline up to 2019-03-19 20:49:39. (Discord Andrew)||-|
|2019-03-19 20:51:45||Voting closed. Status: Not Funded.||-|