With a vision to build the world’s largest TRON network, a new community project has emerged dubbed as Virtual TRON ATM (TATM).
Ever since it’s launched, TRON (TRX) has received tremendous support from the crypto community. While various projects have already been built and working on top of Tron network, there’s a new and unique project which seeks to bridge the gap between cash and TRC-10/TRC-20 tokens.
Although the platform is still in its early stage and already announced the open beta version, it looks like a future-start on TRON mainnet.
TATM in Crypto Space
Virtual TRON ATM or TATM aims to connect people via the built-in Rader. Nevertheless, as per the exclusive information shared with Tron Weekly Journal, TATM states that it is also building a Dapp (Decentralized Application) that will enable users to trade tokens in their P2P marketplace. For now, the platform in its latest blog explained a detailed process for users to participate in its beta version.
— TRON ATM🏧 (@TronATM) September 12, 2019
As the beta testing is available on Tron Testnet (Shasta), users have to first log into TronLink and switch to SHASTA network. The further steps urge users to have at least 2500 TATM and 250 TRX in their wallet (you can visit www.trongrid.io/shast to avail TATM tokens if you’re wondering).
In the next step, the user is expected to create an account at TATM’s official website (tronmachines.io) and enter the necessary information to complete the account. With this, they can then see the current holdings inside the portfolio section and interestingly, on the Radar tab, they can view all TronATMs.
Following the successful completion, users can then create their TronATM by selecting crypto from the list of tokens provided by the platform. Echoing a similar concern, the excerpt from official blog reads;
You can only create a TronATM of tokens that you’re holding in your wallet as those tokens will be locked in a smart contract and released when sold. When you delete your TronATM those tokens will be released again to your wallet.
TronATM is perhaps the most exciting and unique plan, as claimed by the company. It is currently working as a POS network and has its own token, network, and reward system alongside. Only the time will tell, but it looks the project will help Tron a great deal to reach the masses.
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