Carta Worldwide CEO Brian Semkiw has issued some incredibly exciting news around his company's relationship with DasCoin and his ambitions regarding the scope and scale of DasPay. A special guest on yesterday’s Weekly Webcast with John Pretto and Terry O’Hearn, Brian said DasPay was deliverable by the end of June and was an "incredibly important product" in its own right.
Carta Worldwide is a global leader in digital payment solutions having worked with most of the key players in the sector. In a surprise announcement, Brian said Carta is already eyeing the potential of the DasCoin Blockchain to launch new applications on behalf of its own clients. He intends to meet advocates in London on April 28, when DasCoin will trade on public exchanges for the first time, to elaborate further.
The Carta CEO stated: "DasPay is our first deliverable and the most important thing we need to get onto the marketplace. It's an incredibly important product but beyond that we are incredibly excited about accessing the Dascoin Blockchain technology and building unique applications for our customer base. We are very excited about step two, but hopefully you will all get DasPay applications on your phones and and we'll be doing a DasPay transaction in the summer. I am definitely coming to London in April so come and see me!"
Brian added: "We are incredibly excited about blockchain and cryptocurrency and we are very excited about our relationship with DasCoin, NetLeaders and DasPay. With DasPay, the tricky part is to do many, many very complicated transactions in milliseconds. What's good for you is that we have done similar things for other people; we are not doing something that's never been done before.
"It will feel to the users of DasPay that DasCoin will be in their wallet and they will go to a point-of-sale device and they will use their phone or their card and it will feel just like a normal Visa or Mastercard transaction. We are expecting a very strong product that is very effective in the marketplace. And we think DasPay should be able to go by the end of Q2 (June 30) - that's our target.”
Carta was the first company to process an Apple Pay transaction and the first to enable the PayPal account to work at point-of-sale level. Brian said: “A number of the companies we work with are disrupting the way banks are operating and it is a result of that disruption that these companies are excelling.”
He also said DasCoin was in a position of great strength by setting such a high importance on issues of compliance, trust and authentication. "The whole trick is to make sure you stay within regulations. We know how to do that. Mastercard and Visa have a set of rules and we have to stay within those rules. You guys are very big on regulation so it's not a problem for DasCoin and DasPay."
An update on payouts
We’re really looking forward to giving you full details of our new payout solution very shortly. Payouts will become faster, easier and available in a number of local currencies giving you more control. We’ve completed the infrastructure integration of our new custom solution and are now undertaking the final steps of implementation. Look out for a full update at the end of this week.
Career plan prizes are on the way!
We’re hugely excited to announce we have started to place orders for Career Plan prizes. Look out for an email that will ask you to respond with your address and phone number if you’re expecting an iPhone or Macbook Pro. Congratulations to everyone in the field achieving and good luck reaching the next step. Don’t forget you can track your progress in the new NetLeaders back office.
Making it easier to buy licenses
Many advocates have asked us remove the requirement to be KYC verified before redeeming a gift code for a license purchase. We are pleased to say that we have listened and have delivered this already, so that condition is now removed. In short, you can now buy a license with a gift code without KYC verification. KYC verification with NetLeaders will still be required to issue a gift code, so please be aware of this. And purchasers of licenses with gift codes will still need to eventually submit their KYC information – just not before they purchase their license.
Carta Worldwide CEO Brian Semkiw has issued some incredibly exciting news around his company's relationship with DasCoin and his ambitions regarding the scope and scale of DasPay. A special guest on yesterday’s Weekly Webcast with John Pretto and Terry O’Hearn, Brian said DasPay was deliverable by the end of June and was an "incredibly important product" in its own right.
Carta Worldwide is a global leader in digital payment solutions having worked with most of the key players in the sector. In a surprise announcement, Brian said Carta is already eyeing the potential of the DasCoin Blockchain to launch new applications on behalf of its own clients. He intends to meet advocates in London on April 28, when DasCoin will trade on public exchanges for the first time, to elaborate further.
The Carta CEO stated: "DasPay is our first deliverable and the most important thing we need to get onto the marketplace. It's an incredibly important product but beyond that we are incredibly excited about accessing the Dascoin Blockchain technology and building unique applications for our customer base. We are very excited about step two, but hopefully you will all get DasPay applications on your phones and and we'll be doing a DasPay transaction in the summer. I am definitely coming to London in April so come and see me!"
Brian added: "We are incredibly excited about blockchain and cryptocurrency and we are very excited about our relationship with DasCoin, NetLeaders and DasPay. With DasPay, the tricky part is to do many, many very complicated transactions in milliseconds. What's good for you is that we have done similar things for other people; we are not doing something that's never been done before.
"It will feel to the users of DasPay that DasCoin will be in their wallet and they will go to a point-of-sale device and they will use their phone or their card and it will feel just like a normal Visa or Mastercard transaction. We are expecting a very strong product that is very effective in the marketplace. And we think DasPay should be able to go by the end of Q2 (June 30) - that's our target.”
Carta was the first company to process an Apple Pay transaction and the first to enable the PayPal account to work at point-of-sale level. Brian said: “A number of the companies we work with are disrupting the way banks are operating and it is a result of that disruption that these companies are excelling.”
He also said DasCoin was in a position of great strength by setting such a high importance on issues of compliance, trust and authentication. "The whole trick is to make sure you stay within regulations. We know how to do that. Mastercard and Visa have a set of rules and we have to stay within those rules. You guys are very big on regulation so it's not a problem for DasCoin and DasPay."
An update on payouts
We’re really looking forward to giving you full details of our new payout solution very shortly. Payouts will become faster, easier and available in a number of local currencies giving you more control. We’ve completed the infrastructure integration of our new custom solution and are now undertaking the final steps of implementation. Look out for a full update at the end of this week.
Career plan prizes are on the way!
We’re hugely excited to announce we have started to place orders for Career Plan prizes. Look out for an email that will ask you to respond with your address and phone number if you’re expecting an iPhone or Macbook Pro. Congratulations to everyone in the field achieving and good luck reaching the next step. Don’t forget you can track your progress in the new NetLeaders back office.
Making it easier to buy licenses
Many advocates have asked us remove the requirement to be KYC verified before redeeming a gift code for a license purchase. We are pleased to say that we have listened and have delivered this already, so that condition is now removed. In short, you can now buy a license with a gift code without KYC verification. KYC verification with NetLeaders will still be required to issue a gift code, so please be aware of this. And purchasers of licenses with gift codes will still need to eventually submit their KYC information – just not before they purchase their license.
KYC solutions
Since the start of the NetLeaders KYC process, thousands of customers have been fully verified while many others are progressing through the system and will be verified soon. If you provide us valid documentation and enter the correct data you should be able to complete the verification process within 48 hours. If you want to pass KYC as quickly as possible please make sure all your documentation and data is accurate because we are processing a very high volume of applications and do not want you to experience any delays. For anyone who needs help navigating the Back Office in order to begin the KYC process please follow our step-by-step online tutorial. Please make sure you have read the tutorial and submitted your information correctly before contacting support@netleaders.com
Carry-over threshold adjustments
As the NetLeaders compensation plan continues to pay out an ever-increasing percentage to the Advocate field, we need to make some adjustments to the carry-over threshold. To minimize the impact of these adjustments, they will be happening over the next several weeks. We are making some changes to the maximum amount of leg volume advocates can carry over from one commission period to the next. From the week beginning February 5 (Period 56) the total volume that can be carried forward into next week is €450,000. This ceiling will be further adjusted over the coming weeks, reducing to €400,000 on February 19, €350,000 on March 5 before fixing at €300,000 on March 19.
The best time to buy a license
The next Network Upgrade is taking place Feb 17 – just 9 days away. As you know as part of a Network Upgrade, all Cycles that have not been submitted to the Minting Queue are doubled. This makes the lead up to a Network Upgrade the best time to purchase a license as you can double your Cycles almost immediately meaning less time before you can submit them to the Minting Queue to mint the maximum amount of DasCoin possible. In the case of President Licenses you can benefit from Network Upgrades even once your Cycles have been submitted to the Minting Queue - so get ahead of the crowd and submit your Cycles to the front of the Minting Queue whilst everyone else waits for the Network Upgrade!