<!-- .slide: data-transition="fade-in" --> <!-- .slide: data-background="https://hedgedoc.digilol.net/uploads/2a8555a6-1371-4bdf-97b1-66b3e7341337.png"--> # The Monero ATM Project https://atm.monero.is --- ## Who? - Siren - Stnby - John --- ## Why? `---` It is hard to get Monero anonymously. --- ## What about ATMs? `---` Existing ATMs are KYC'd and proprietary. --- ## What if? `---` 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) <br> 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