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Adding Ramp Network as an additional on-ramp service provider

RejectedGrant Request

Proposal Details

Author0xbec3…98d9
PublishedJun 22, 2022 10:32
Voting beginsJun 22, 2022 10:32
Voting endsJun 29, 2022 10:32
Snapshot#PcU3ViA

Grant size

200 USD

Tier

Tier 1

Beneficiary

0x98DB…EF8B

Description

50+ countries covered Users from an additional 50+ countries could easily purchase required assets on the spot. That’s a 150% increase in geo-coverage compared to the current one. https://support.ramp.network/en/articles/433-supported-countries-and-territories Lower transaction fees Users could purchase $MANA and $MATIC at a much lower cost. Ramp charges 2.9% for card payments compared to the current provider’s 3.9-5.5% (depending on currency). https://support.ramp.network/en/articles/431-transaction-fees Almost 4x higher limits Users could purchase 375% the amount of crypto through Ramp then the current provider. Monthly limits would increase from 20.000EUR to 75.000EUR. https://support.ramp.network/en/articles/441-kyc-limits Simplified KYC With Ramp there’s no KYC required for <100EUR purchases, to make it easier for the community to purchase smaller amounts. Ramp also has a large community of gamers thanks to its numerous partnerships with projects like Axie Infinity, DeFi Kingdoms, Pegaxy and more - those users already went through KYC with Ramp and they wouldn’t have to do it again when they’re getting started on Decentraland. Having options Giving the community the option to choose between providers without having to leave the marketplace. Not having to rely on a single provider So many things can go wrong, every provider has some downtime every now and then - don’t leave your users hangin’ when they’re about to buy that NFT. Have at least a backfall option. Happier users from 50+ more countries could get started more easily and at a lower cost, and spend more thanks to the additional on-ramp. Less downtime, delays and having the option to choose. This would impact the whole community, especially those who are new to crypto and/or to $MANA and Polygon.

Voting Power

00.5M1MRequired to pass06/2206/2406/2506/2606/28
YesNo

3 Comments

daoJun 29, 2022

Adding Ramp Network as an additional on-ramp service provider This proposal is now in status: REJECTED. Voting Results: * Yes 1% 174 VP (12 votes) * No 99% 724,940 VP (11 votes)

JacquesWhalesJun 23, 2022

[quote="SinfulMeatStick, post:2, topic:12634"] Do you or your team members have your Decentraland Names Claimed? (I noticed the wallet you submitted the proposal with does not have a claimed name) [/quote] Hey SinfulMeatStick, We just throw our first Metaverse party with Brave and Polygonal Mind yesterday! Check out the pictures on Twitter: https://twitter.com/polygonalmind/status/1539623996387315713?s=20&t=QEHKAHjjRl0puo_s831Z8g As for the names, we haven't claimed them just yet, at least from the company account. But that's something we'll work on soon ;) Best, Jacques.

SinfulMeatStickJun 23, 2022

Good Morning Thank you for talking the time to write up this proposal, Just have a couple general questions that I like to ask before even beginning to consider a yes vote. 1) Are any of your team members actively engaging with the Decentrland community? 2) Do you or your team members have your Decentraland Names Claimed? (I noticed the wallet you submitted the proposal with does not have a claimed name)