App Proposal to Make Transactions Easier

[Adelphoi]

Hello everyone,

We just recently published a project proposal on our website to make things even easier when trying to acquire crypto locally with cash, debit card, and, in some areas, bank transfers, with this P2P ATM project. For cash transactions, it will be similar to Uber in a way to make it easier to find someone to acquire crypto from as well as finding someone to sell it to, such as if you're traveling and need to acquire cash, and there's no BTC ATM in the area. This will also hopefully make it easier for those who want to get their first BTC or other tokens. A debit card charge or bank transfer for cash option will be an available feature as well. KYC/AML requirements will be satisfied, but will be kept at the minimum and will follow the tiered system similar with exchanges.

Here's a link to the main discussion thread about it and here's a link to the project document itself. It isn't complete yet as further details will be released once it's open for voting within the incubator.

[1715300822]

1715300822

[1715300822]

1715300822

[Nowunlocking]

why not just use coinbase?

[Idrisu]

why not just use coinbase?

Coinbase has done their own and this company is try to develop their own system that may be helpful to others.this project is good what you need is to add more features that others one did not have. To be frank with you, you will need to do a lot of testing and promotion to really succeed as most people will first see you as scammer before trust your project.

[Adelphoi]

why not just use coinbase?

Coinbase is limited with regards to its availability from a geographic perspective and this project aims to be more global. It's decentralized as well since it's P2P. You wouldn't be buying from the business but rather from other users. Also, cash can be used for both buying and selling. Coinbase doesn't have this feature.

why not just use coinbase?

Coinbase has done their own and this company is try to develop their own system that may be helpful to others.this project is good what you need is to add more features that others one did not have. To be frank with you, you will need to do a lot of testing and promotion to really succeed as most people will first see you as scammer before trust your project.

Thanks for your kind words. The project will be registered as a business if it is approved by the Adel Community within the incubator, so there is thus a greater level of liability for the business to deliver as promised. Also, money isn't paid to the company, with the exception of the fees, but rather to the other users.