For many, returns are the reason for investing in cryptocurrency. The thought of garnering profit without having to become intimately involved in the technical details is a proposition that holds great appeal. However, actually achieving investor peace of mind can be tricky in light of the cryptocurrency market’s complexities — the market based on blockchain technology, unregulated emerging technology that has created new vehicles of valuation. These issues can add up to perceived levels of unpredictability that threaten the comfort of some investors.
But there is one vital component within the space that has become familiar to almost everyone, and that the budding ecosystem depends on: ATMs. It’s here that Trilliant[1] is offering fractions of its ATMs to users and adding all profits to a revenue pool, which is divided up among investors. These ATMs are the essential point-of-service for deposits and withdrawals from everyday users. Trilliant does this by offering fractions of its ATMs to users and adding all profits to a revenue pool, which is divided up among investors.
Trilliant’s project reflects a growing movement toward the withdrawal and deposit of cryptocurrency at ATMs throughout the world. According to Trilliant’s white paper: “There are less than 2,700 dedicated cryptocurrency ATMs in the world, of which roughly 40 percent are able to process altcoins such as Ethereum, Litecoin or EOS. Only around 30 percent of the existing ATMs allow users to sell Bitcoin (two-way), while most of the machines are only offering the purchase of coins (one-way).”
Trilliant’s offering is an opportunity for everyday investors who might seek a stake in the cryptocurrency boom for the promise of a healthy return--via the comfortable familiarity of an ATM machine.
Dubbed as the “Fractional Ownership Program for Next-Generation Cryptocurrency ATMs,” Trilliant seeks to encourage everyone from seasoned investors