This proposal requests supporting funds for the Dash Funded Exchange which has a working name of eWallet.
We're seeking additional funds for us to continuing pursuing banking partners which involves visiting the Isle of Man amongst other costs. The funds raised from this proposal will not cover our full costs but any additional costs will be covered by ourselves.
As with all our costs, we will be logging them in public on our public expenses ledger, visible here:
eWallet Public Expense Ledger
We will also report on costs and deliverables to both Dash Watch and Boost Insight as part of our on-going commitment to transparency.
eWallet briefly piloted in August before each of the three payment processors we had arrangements with then shut us down in turn. Due to a funding deficit of over £100,000 ($130,000) eWallet has been forced to make significant cuts but has still managed to create a full platform as demonstrated on the 3 amigos here: eWallet Demo
We have lined up a banking option but they have an over $9000 monthly fee. To this end, we're looking to pursue other banking providers and have several meetings lined up. Unfortunately, the crypto-winter has taken a significant strain on eWallet's finances which we have supported as much as we can from our personal finances, building up debt doing so. We are no longer in a position to pay for all these costs out of our pockets, which is why we are seeking your support through this boost proposal.
The scope of this proposal is simple; to partially fund our on-going banking pursuance with the hopes to launch eWallet as soon as possible and/or discover all the options available to us so we can present those before the DAO at a later stage.