Updated 124 days ago

Openteller ATM

Upsetting the crypto ATM space and radicalizing remittance with extremely competitive pricing

  • Crypto / Web3
  • TON
  • On/Off ramp, gateway, fiat

The Open League Berlin

We're building a vertical in the crypto ATM space aiming to upset all existing manufacturers and operators. We will beat them on per-unit cost, margins, and customer experience.

We will install ATMs as cheaply and securely as possible and provide an inspiring user interface inside a Telegram Mini App, focused on delighting and converting guests into retained users.

Our target customer is someone who has heard of crypto but never used it, and would like to use crypto for investment or remittance. Because we are first integrating with Telegram Web App and TON Wallets, we will sell TON, Notcoin and USDt.

Our per-unit cost goal is $4.5k (industry averages for bidirectional ATMs is $10k), our transaction margin target is 5% (operator range in Europe is 5.9-10%, sometimes as high as 20%.)