The surge in blockchain-based companies globally is changing the way businesses operate. This has the potential to complete revolutionise financial transactions and Trilliant are spearheading the movement.
Imagine, for a moment, you could receive a dividend each time you made a financial transaction. As implausible as this may seem in traditional currencies, this could soon become a reality in the world of cryptocurrencies.
The integration of blockchain-based enterprises to daily commercial transactions across the globe is changing the way that companies operate. Trilliant is focused on creating a superlative infrastructure and hardware to support this evolving environment.
Trilliant envisions that soon anyone will be able to withdraw and deposit cryptocurrencies at one of their next-generation ATM terminals. And it will be as simple as any transaction made at an ATM terminal today whilst offering the customer unique benefits.
Sebastian Korbach, Trilliant CEO said, ‘Of course, there are companies that produce ATMs, but the only use for their tokens is to pay for hefty transaction fees that users incur whenever withdrawing or depositing money. Here at Trilliant, we really want to give something back.’
The way that Trilliant works is rather simple. Whenever a new ATM machine is added to the system, it is divided into accounting units which are then sold online. Once the units are sold, investors receive a dividend of the total revenue generated by the operating ATMs.
Trilliant have pledged 2% of the total revenue generated by our ATMs from the transaction fees to their unit holders. This equates to a favourable windfall for unit holders.
According to statistics from Coin Radar, the average amount well-placed ATMs process each month ranges from $20,000 – $30,000. This revenue stream is calculated from the fee ATMs charge per transaction, based on the average ATM fee being 7% of the transaction.
In addition to revolutionising FIAT and cryptocurrency payment methods, with unit holders having the choice of paying in either currency, Trilliant’s fees are significantly lower than the average fee of 7% – with any saving magnified when you consider that some ATMs charge a fee upwards of 10% per transaction.
To purchase a unit, investors will have to use the TRIL token. This is Trilliant’s unique cryptocurrency and will be sold during the upcoming ICO, with the pre-sale set to launch on July 10th 2018. Upon the purchase of a unit, investors have entered into a contract will Trilliant that explicitly states their units and valid forever.
Presently, Trilliant is in the process of applying for a banking licence. Once awarded, Trilliant will be able to install their ATMs across the globe. The company isn’t shy about its ambitions to revolutionise the cryptocurrency market as it plans to install more than 500 ATMs in the lucrative European market over the next 24 months alone.
When all’s said and done, the total revenue generated by the ATMs will depend on the number of ATMs Trilliant has in circulation. It stands to reason that as the number of machines inflates so too will the revenue generated.
This is not only positive news for a company that’s determined to revolutionise the crypto ATM business, but it will benefit unit holders who will receive inflated financial windfalls.
Interested in learning more? Click the link here to learn more about why Trilliant makes the highly lucrative cryptocurrency ATM business accessible to everyone.
Disclaimer: This content does not necessarily represent the views of IWB.