The Monero ATM Project

Who?

• Siren
• Stnby
• John

Why?

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It is hard to get Monero anonymously.

What about ATMs?

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Existing ATMs are KYC’d and proprietary.

What if?

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We build ATMs that are operated by the community for the community.

• Like LocalMonero but IRL.

The kiosk ecosystem is proprietary.

• We wrote drivers and libraries.
• We are designing a whole protocol to get around it.

OpenKiosk

Glue for kiosk protocols/equipment:

• Pulse
• ccTalk (WIP)
• SSP (WIP)
  
  

https://openkiosk.org

Milestone 1: The pizza box

Estimated build cost is ~10,160 TRY (350 EUR)

Milestone 2: Two-way machine

Milestone 3: Unbanked

Cutting banks and CEX out of the equation.

Unbanked machine

• Rates are adjusted to encourage buys or sells.
• Community provided liquidity.
• All operator profits are made in Monero.

Adjusting the price

P_buy = Base_Price / (1 + k * (1 - FLR))

P_sell = Base_Price * (1 + k * (1 - FLR))

Where:

k is sensitivity to liquidity shortages
FLR is Fiat Liquidity Ratio.

How can you help?

You can donate:

• Code
• Your precious XMR
• Hardware (ask us for an address)

Thanks for listening