Dash Debit Card ready by Mid-April Owner: julianhosp (added on 2017-03-29) 305 DASH ($84.26/D) approximately $25,700 at date added. Votes: 773 Yes / 118 No / 40 Abstain. The pre-proposal thread is 10 pages long at the time of writing. Dr. Julian Hosp (julianhosp) has been very active responding to just about every question.
During this same timeframe TenX where Julian is a co-founder had also been in the process of doing an ICO which just successfully completed on June 24. They raised 200,000 ETH. The details are not yet published but that seems to be worth near $60,000,000 (@$300/ETH). This was raised to work on their debit cards and their new Cryptographically-secure Off-chain Multi-asset Instant Transaction network (COMIT).
The Dash treasury request said the card would be ready by Mid-April. It is now over 2 months behind that original date and should be “coming any day now” so we are told. At this point there is a Bitcoin debit card and an android app but that existed before the proposal was submitted (and was taken off line for all users for reissue). Currently the card is available in most countries except the USA where I (and most of our readers) live so I have no way to personally determine how well it works. Below is the status for the android app on the play store from June 25th where the status of the app shows “unreleased”.
Below are screen-shots and quotes from some of the 10 pages of comments on the pre-proposal thread on the Dash forum. It’s sad that this project delivery has slipped and slipped as many people really want a low cost working Dash debit card.
Here is the original pre-proposal posting from March 24, 2017.
The original fees proposed are pretty fair.
HOW MUCH WILL THE CARD COST:
For a virtual card (to use online only), we charge 1x 1.5 USD
For a physical card we charge a 1x 15 USD order fee
Afterwards there are NO ANNUAL fees, as long as you spend at least 250 USD within 12 months. Else, we charge 1.5 USD.
We are thereby the cheapest provider by far and we can only offer this as we develop everything in-house.
March 24 – Why this card will be great. I like the fact that your funds stay in crypto until you actually spend them.
March 24 – TenX uses the Poloniex exchange for pricing and will add InstantSend.