Hello Smarties and readers of these series that talks about our experience developing the Smartcash Beer Proposal.
In the latest post, I talked a little bit, about what is Smartcash, and how my partners and me came upon with the idea of creating the first Crypto Beer in the world.
If you haven't read that first chapter, you can do it, clicking this link:
https://steemit.com/smartcash/@juanjo2012/la-cerveza-smartcash-la-primer-criptocerveza-del-mundo-el-comienzo
What's next, when your Smartcash proposal is approved?
After 14 days in the voting queue, if your proposal is voted by more than 51%, then your proposal will be approved and the funds will be allocated.
Some cryptocurrencies have a voting system, where only the Master Nodes are allowed to vote, nevertheless Smartcash allows every single member of the community to vote, the only requirement is to have 1 Smart or even a fraction in your wallet.
Each Smart equals to 1 vote, if someone with 1000 Smarts votes NO for your proposal, and someone else with 2000 Smarts votes Yes, so in this moment your voting statistics are 66.66% for Yes and 33.33% and for No.
Personally I think this system is appropriate, because it gives more voting power to people that have invested more in Smartcash.
Our proposal, the Smartcash Beer was approved by the community, we are really glad because since the beginning when we designed the proposal, we've been very excited. Cryptocurrencies are our passion and we are so happy to be able to create something unique that will help Smartcash adoption and growth.
Proposal are 14 days up for voting, some hours after these 14 days, we received an email from Smartcash with an Excel file, it's a budget you have to fill and you have to add quotes of all your expenses.
Once you fill the budget excel's file, the Hive team reviews it and they can approved or reject it. We had all the quotes and the budget breakdown ready since we put together the proposal.
After some hours, we received an email back, telling us our budget was accepted, so we can proceed and order all we need to brew the beer, and other items included in our proposal. The mail instructed us to send receipts, invoices and pictures of the products.
So once Smartcash verifies your invoices they reimburse your expenses. They use this reimbursement protocol for most of the proposals, but in some cases they can review the proposal and agree something different.
So, if you make a proposal, you should have the money to cover the expenses and then with your invoices and pictures you can apply for a reimbursement.
I think this reimbursement method is very good, so avoids that people to run away with the money, but it makes complicated to execute the proposal if you have no money to pay in advance.
Anyway, you have to send your invoices and receipts before Thursday for a Monday payout.
We've been busy working in the final graphic design version of the label, designing the box, designing the T-shirts, designing the recipe for the beer, etc.
We'll start to brew as soon as we receive the ingredients, we are expecting to receive them at the end of this week.
We have many ideas in order to spread the word about Smartcash, when we have the beer ready we'll let you know.
Now, this were some of the first drafts for the beer. It was a very rough idea at the beginning.
Thank you for reading, until the next post!
To learn more about SmartCash, visit https://smartcash.cc/, 
