Swapbox

Discover Swapbox, the first serverless, exchangeless crypto ATM powered by smart contracts and decentralized exchange. To learn more, visit swapbox.cash and follow us on Twitter!

@odysseas_eth @hrkrshnn @0xbowio Come to devconnect argentina in november ;) Project is undergoing a bit of restructuring rn

@hrkrshnn @SwapBoxCash is probably one of the most ambitious and interesting projects in this domain. cash onramp/offramp is essential for adoption + maintain privacy for those who want it. could be an interesting experiment if coupled with @0xbowio

Who is building physical infrastructure for stablecoin payments? Such as point of sale systems, physical cards that do not use Visa / Mastercard, etc.

@odysseas_eth @josephdelong @evabeylin Development isn't totally dead. Unfortunately I had to let go of the team last year due to lack of funding, and have been busy moving to a new country. As of now working solo on the project (lots of uncommitted code being cleaned up this past month). Hardware is a bitch!

@josephdelong @evabeylin @SwapBoxCash Afaik its development is dead but I have been dying to see it live. Check dms

I had this moment in 2021 where I was at a party with a gilded mastadon skeleton. are_we_the_baddies.jpg? My thesis is the decentralized maximalists growing at all costs invited exclusively financially motivated builders.

To stay in the loop, make sure you follow us. If you are a dev willing to help, you can join our Telegram Dev group t.me/SwapboxDevs. You can donate to our Gitcoin Grants gitcoin.co/grants/403/swa… or simply visit our website swapbox.cash.

To prevent this risk, the amount the user sends to the machine is higher than the required amount, and any excess will be sent back to the user. The operator fee is also collected at that time.

Swapbox introduces a novel way to swap banknotes for crypto using DeFi. But how does it work under the hood? Swapbox is a physical crypto exchange platform. Like any exchange, it needs liquidity. Where does the liquidity come from? A 🧵

@LarryLasermind Everything that is distributed is decentralised, but everything that is decentralised is not necessarily distributed. We wanted to keep things simple in this thread, but you are right 😄

@SwapBoxCash Actually it is not only "decentralised", but "distributed". 👌 Decentralised: parts are stored here and there and form a whole. Distributed: the whole thing is stored here and there. I see a difference there. ☝️🤓

Why do you keep misusing crypto buzzwords, anon? Decentralised, trustless, transparent. A lot of projects keep misusing these blockchain values and confusing users. (On purpose ?) Let's clarify these buzzwords and help you spot projects that are misusing them! 🧵

Are you tired of seeing these buzzwords everywhere? Share this thread and follow us for more crypto educational content, anon.

Unfortunately, lots of people and projects in DeFi create confusion by misusing these words for marketing or fundraising purposes. While they are essentially lying to their users, it crowds out the legitimate projects that are working hard to embrace these principles.