#691 First Tour of Merchants Adoption in Lara Venezuela

By rafaeljloyop


The proposal was executed to increase the number of merchants in Lara and to inform smartcash as the cryptocurrency indicated for each merchant. The members of the community will visit different merchants of the city and we will promote smartcash. Once the merchant accepts smartcash as a form of payment we will do a meetup that will be promoted through social networks of our community, the merchant and the different media of our city. In which the customers who attend the day decided together with the merchant will have the opportunity to know the benefits of smartcash and to buy for the first time come and services with smartcash. Once they have made their first transaction the clients will be interviewed and videotaped, to know how was their experience when using smartcash and to use the recording in question for more marketing. This is really the best way to quickly increase the adoption of merchants in the cities! I hope I can count on your support! To make smartcash the true cryptocurrency for purchases of goods and services from day to day.


Hello SmartCash community! My name is Rafael Loyo https://www.instagram.com/rafaelj.loyop/. I am an economics student at UCLA in Lara Venezuela. For a couple of months together with several colleagues from the university we decided to start a community here https://www.instagram.com/smartcashlara/.

Part of the work we have done for smartcash can be found in the instagram account and in the following links:



A web portal covered one of our meetups:



This proposal contains a translation into Spanish and Portuguese at the end for those who need it
Proposal in portuguese and spanish:



Accelerate the adoption of businesses in Lara State in Venezuela. Making visits to the shops of the city and add them to the SmartCash cause. For 4 months we will be visiting the most popular shops in Lara State and we will get at least 2 shops per week to accept SmartCash as payment.


  1. Minimum of 32 shops accepting payment with smartcash at the end of the proposal.
  2. Create wallets to the people who attend and teach them how to use it.
  3. Show people how easy and fast transactions are in the shops via smartcard-smartpay. 4. Delivery of informative leaflets explaining the procedures step by step.
  4. Increase the presence of SmartCash in Lara State.
  5. Grow the social networks of SmartCash Lara to reach more people.
  6. Encourage nearby businesses to which we will visit to also accept SmartCash as a form of payment.
  7. Establish SmartCashLara as a consolidated group that will provide support to each trade and person that requires it.

How will we achieve it?

The SmartCashLara team will travel and contact via social networks and in person the various shops in the city, to offer them the opportunity to be part of this project in which they will have the opportunity to include this fantastic form of payment, evolving and expanding their merchant. And at the same time encouraging the adoption in more stores showing the facilities of SmartCash to customers, they will be offered the purchase of 70$ in products to all customers that day that attend the trade.

The day that SmartCashLara decides to take action in the stores will be discussed in advance to promote the event, via social networks of SmartCashLara and the merchant in question in order to ensure a high influx of customers.

The day we will make a presence will be responsible for teaching people to attend what is SmartCash and how they can use it to pay for goods and services, we will teach them to transfer via wallet to wallet, by mail, through SMS, how to create the smartcard and how to load it with funds, the different Exchange where you can acquire SmartCash and how to acquire SmartCash with bolivares (currency of Venezuela).
In addition, we will provide support to businesses to assist them in installing the SmartCard Business and employees to use SmartPay as receive tips by SmartPay.

At the end of our visit we will leave in the merchant a number of information brochures where step by step will be explained how to acquire SmartCash, how to create the wallet, how to use it, how to create the SmartCard and other points mentioned above, so that in this way the future customers who visit the stores can learn to buy and make payments with the currency and serve as a form of advertising.


Why will we do it this way?

Although entrepreneurial fairs, conferences, meetup and forums are necessary to promote SmartCash, we have been able to show that a more effective way, although with greater work, is personal and dedicated to the merchant itself.

The culture of cryptocurrency, although it is booming in Venezuela, is difficult for most people, so dedicating exclusive time to each location to advise and serve as support is the best way to increase adoption.

What do we need?


They will be used as uniforms, in order to create a sense of institutional support that will create confidence to the businesses and clients when we introduce ourselves and teach how to use SmartCash to pay for goods and services.


Amount that will be delivered to customers present the day we organize the presentation so that it is used exclusively to buy in the store. In this way, the trade will be easily incentivized to accept SmartCash because it will benefit in the short term.

Information brochures:

Brochures that will explain in detail how to buy SmartCash, the different Exchanges where it is listed, how to buy SmartCash with bolivars, how to create the wallet, how to create the SmartCard, how to send SmartCash with SMS and email and also It will serve as advertising for SmartCash.


SmartCash stickers and the SmartCash logo are distributed to the stores so that people who attend know that they can pay with SmartCash and stickers to give to customers as a souvenir and that support SmartCash.


Payment for the transport of the equipment to go to the different shops being necessary due to the transport of delicate and high-value items.


PVC printing of the SmartCard for SmartCashLara members to show customers how to use it and thus see how SmartCash can replace common debit cards.

Administrative Services:

Payment for the SmartCash team for the work done during four months. We will strive even more so that in the largest amount of commerce accept SmartCash as payment.


Joint proposal:

This idea of adoption comes from me, a member of the SmartCashLara community and Anthony Montecalvo @amontecal1 member of the SmartCash Carabobo community.

Which means that this initiative will be applied in both Lara and Carabobo at the same time. In order to recover the national SmartCash Venezuela community.

Both communities will be dedicated to adding more and more businesses to the SmartCash cause for the mutual benefit of our cryptocurrency and the citizens of Venezuela!

Here the link to the proposal of the other community. Adoption of SmartCash in 32 potential stores in Valencia - Venezuela

We leave the idea of this project free so that anyone who wants it can imitate what we hope to achieve and in this way increase the adoption of businesses in Venezuela.

Please ask them to share their doubts and help us with any kind of suggestion to carry out our project!

Required budget


The budget will be divided into the following amounts:

First month:

For purchase of items ordered and preparation 1520$

Second month:

To encourage merchants and team salaries 1160$

Third month:

To encourage merchants and team salaries 1160$

Fourth month:

To encourage merchants and team salaries 1160$

The estimated time of this proposal is four months. We want to be effective, productive and do an excellent job.
We plan to take the beginnings for the day 15/10/18 until 11/02/19
The date is not exactly estimated, but we plan to start those days.




Date Amount (US$) Amount (Σ) Description Status
September 27, 2018 360.00 124,400.94 * Buy of shirts, Information Brochures, Decals, Smartcard and Tranportation -
October 07, 2018 580.00 200,423.74 * First 2 weeks of incentive for merchants and half of the first salary for the team -
October 21, 2018 580.00 200,423.74 * Secoond 2 weeks of incentive for merchants and half of the first salary for the team -
November 04, 2018 580.00 200,423.74 * Third 2 weeks of incentive for merchants and half of the Second salary for the team -
November 18, 2018 580.00 200,423.74 * Fourth 2 weeks of incentive for merchants and half of the Second salary for the team -
December 02, 2018 580.00 200,423.74 * Fifth 2 weeks of incentive for merchants and half of the Third salary for the team -
December 16, 2018 580.00 200,423.74 * Sixth 2 weeks of incentive for merchants and half of the Third salary for the team -
December 30, 2018 580.00 200,423.74 * Seventh 2 weeks of incentive for merchants and half of the fourth salary for the team -
January 13, 2019 580.00 200,423.74 * Eighth 2 weeks of incentive for merchants and half of the Fourth salary for the team -
* Estimated

Requested Amount

  • Total USD: 5,000.00
  • Estimated SMART: 1,727,790.90
  • Estimated BTC: 0.62200472


  • Created Date: Tuesday, September 11, 2018
  • Voting Deadline: Friday, September 28, 2018 18:20:00 UTC
  • Payment Date: Payments will be made in accordance with the delivered milestones


  • Not Funded


Yes (10,836,517.15)
No (30,306,281.19)
Abstain (615,644.71)

Voting Audit

Address Voting Power Vote Is Valid

Proposal Audit

Date Description Yes No
2018-09-11 17:26:39 Proposal created. Waiting for approval. -
2018-09-14 18:19:53 Open voting. Deadline up to 2018-09-28 18:19:53. (slpin1) -
2018-09-27 18:21:40 Last 24 hours of the vote. Σ 9936814.16844 Σ 30167676.37158
2018-09-28 18:21:40 Voting closed. Status: Not Funded. -


  • adrian4all 09/15/2018 20:36

    Good project! i'm voting YES, good luck guys!!!

  • carlosizalla 09/16/2018 22:45

    Excellent project, we know that Venezuela will give great uses in the Smartcash currency. I voted, yes

  • Mancomb_Seepgood 09/18/2018 21:38

    this is a great project and should not be getting these no votes. My vote is Yes.