Sponsorship

Web3 accelerators

Building a sustainable Web3 future together

Yes, we are open for new invitations. Surely, we will find a visionany startup accelerator to make our project grown faster. The first mentor-based program already appeared, a company called Alliance DAO. We are going to receive the final answer in February. Hopefully it is positive. It will be a game changer for our new project. There are interesting questions about the project. We decided to share the answers for more information about our goal.

Company name - Typo FX

Website URL - https://plata.ie

Company Twitter URL - https://twitter.com/Typo_Fx

What are you building? - An Automated Crypto Teller Machine (ACTM)

What is the problem that you’re solving? - Our company is intending to reduce the steps the traditional crypto ATM is offering today. We are going to deploy a shorter transmission between Web3 wallets to the crypto ATM kiosks.

Expand on the product that you're building. - We are planning to remove the necessity of third-party software to talk to the ACTM. The communication will be only with The kiosk software, Smart Contracts, and Scripts.

Founder Video (YouTube video). - Coming soon ...

Demo (YouTube video). - Coming soon ...

Where are the founders located? - Europe

Name/Surname (1st Founder) - Adam Soares

Role (1st Founder) - Founder CEO, Computer Engineer

LinkedIn URL (1st Founder) - https://www.linkedin.com/in/adam-soares-a44b833a/

Personal Twitter URL (1st Founder) - https://twitter.com/u4rloque

Email (1st Founder) - [e-mail]

Summarize your professional and academic background (1st Founder) - MSc Student in Tech University Dublin. Computer Engineer from UniSanta (2011), Erasmus Student in Micro/Nano Electronics in INSA Toulouse 2011.

Describe an instance where you demonstrated exceptional creativity or perseverance (1st Founder) - Setting up a computer business out of my homeland country.

What ecosystem are you building on? - Polygon ERC20.

Are all founders committed full-time to the startup? - Yes.

When did you start working on this idea and why did you choose it? - 2021, I realized it was too hassle to withdraw funds to fiat from the available Blockchains, and with my skills and knowledge in coding, cryptocurrencies and blockchain, I saw good opportunities for product solutions.

What is your unfair advantage in solving this problem? - Our project is open-source, meaning 100% transparent. All crypto comunity will win if we get success. Meaning if our project make it happens, any kind investidor will profit from the product, when providing liquidity to the service. Also, fair surchargers will be available for who is going to use the ACTM.

What other companies are solving this problem today or could if they wanted to? Why will you succeed against them? - We are going to succeed because the surcharge from this kind of service is still too high today. We can provide better and cheaper service than they. The other companies give us too many steps to use the service, such as photos, app download, KYC, etc. We would like to reduce the prices and bureaucracy in using Web3 products. Also, our idea is to provide profit for the users who would like to give liquidity to our services.

What does your founding team believe in that very few people agree with you on? - Web3 and DeFi products are newish around us. Everybody from the team could see it is just the beginning, and it is time to make it expand.

What’s your current traction? - We are using two types of metrics, first one is from PolygonScan, our Plata's (PLT) Blockchain. (https://polygonscan.com/token/0xc298812164bd558268f51cc6e3b8b5daaf0b6341), from there we can measure how many wallets hold our token and how many transactions a day are happening from our token. The second one, not less important is Nomics, a crypto index. (https://nomics.com/assets/plt9-plata-v2), from there we can visualize our market cap, volume, and the actual token's price.

What unique insights do you have about your users? - Our product is open-source. Phd Students and experienced coders, and gem hunters are checking our project out. It is making us very excitied and motivated.

What's your distribution strategy? - Launching promotions, such as airdrop around the polygon blockchain. Also, we offered giveaways and experienced diluting the token around DeFi protocols, we are planning to launch a pre-sale listing for the curious customers and enthusiasts. Merchandising products will be available soon.

How big could your product become? - Worldwide, all countries where cryptocurrencies can be used.

If you failed 5 years from now, what would be the reason(s) why? - Our mission is to produce a least one ACTM. Our team gives you a guarantee, we are going to make it. Plata(PLT) token is online, on blockchain already, and tradable, I believe nothing is in vain, if this door will be closed in 5 years, surely other ones will be open for everybody who spend love and time on this project.

Tell us about your fundraising history and future plans. - We haven't launched the Pre-sale yet. After it, we have the ICO and see what is going to occur. I am curious.