Swapbox*
From cash to crypto
*[swɒpbɒks]
noun (Swapbox, pl Swapboxes)
Serverless and exchangeless crypto cash machine powered by free software and open hardware.
How is Swapbox different from other crypto ATM?
Open-source
The source code and all the plans of the machine are 100% open source and available. Anyone can fork the code and build his own Swapbox.
Decentralized
Swapbox is powered by automated market makers and stablecoins. It will eventually be governed by operators and users, through a DAO.
Community governed
The governance of the project will soon™ be entrusted to a DAO, in order to make the project decentralized from A to Z.
Sovereign
Swapbox is the first trustless crypto ATM (*without exposure to market risk). This means there is no third party you need to rely on: It is you and the blockchain.
Censorship resistant
Swapbox is free & open. The code, the plans and the admin app are deployed on decentralized networks.
Affordable
The only fees collected are by the operator, on top of the traditional network fees. Additionally, we use innovant layer 2 protocols to greatly reduce the network fees. A DAO fee may be added in the future (opt-in, whether operators or users decide TBD).
Host a cash to crypto gateway trustlessly
No third party
When opting for Swapbox, operators avoid hacks, data leaks and other unpleasant experiences, as they don't need any account except a web3 wallet.
No volatility risk
Operators do not need to take care of the crypto liquidity; they only provide stablecoins and cash, avoiding inventory risks.
Community governance
As part of our further development (after v1 release) we want to focus on a sane way to maintain & develop the project as a decentralized community, improving upon current DAOs which in our view are inadequate in their current form (cautiously optimistic for future).
DIY kit assembly
Swapboxes are delivered as an assembly kit. Shipping and manufacturing costs are significantly reduced. We provide full documentation to make the assembly of your swapbox a breeze.
Let your business become a crypto hub.
Hosting a Swapbox is a great way for your business to get involved in the booming crypto world in a innovative way. It has many advantages.
- Offer your customers more ways to pay
- Drive more traffic in your store
- Align your business with the future
- Increasing your revenue with a new stream of income.
Frictionless way to buy and sell crypto for cash.
Privacy
Swapbox is powered by an automated market maker and stablecoins. To operate and collect the transactions fees, you only need a decentralized wallet.
Competitive cost
At the launch of Swapbox, reward tokens will be distributed to users and operators. They will act as polling mechanism for the future development of the project and may confer some benefits.
Layer 2 first
Swapbox will leverage fast and cheap transaction made available by zkSync Era layer 2.
Non custodial
When you buy crypto with Swapbox, it is your keys, your coin. You can use any type of non custodial wallet, compatible with zkSync Era.
Current problems of classic crypto ATM
Swapbox VS other crypto ATM
Build your very own Swapbox DIY kit
What they say about us
Ready to decentralize the world?
You feel that there is a lack of a simple, safe and equitable way to enter the crypto universe in your location? By installing Swapboxes, you are offering merchants and consumers a frictionless gateway to the crypto world. Host a Swapbox now and contribute to the crypto revolution.
Get involved into the Swapbox community
Be part of a global ecosystem
- Token distribution
- Monetary flow
- Providing service