Fiat to ADA stake machine

Physical change machine where a customer can deposit fiat and get a QR code ticket in return. Money is staked as ADA.

Industrial designer (TU Delft masters). Long experience in building of change machines and POS systems. Some programming experience

Fund4 - Build a cabinet for the stake machine.
Build machine with vending components instead of competing machines which are build with banking grade components. This would allow for installation in supervised locations (small shop). Big advantages are. The footprint is much smaller because it is not a vault. So machine can be placed near or on the counter. Components for note validation and ticket printing are built in larger volume and are therefor much cheaper. Machine can be made for an affordable price and can be built in large volumes.
Machine is build with following main components
- Smart payout banknote reader / recycler
https://innovative-technology.com/products/products-main/91-smart-payout
- Ticket printer
https://www.youtube.com/watch?v=0LypqvBORpk
- Raspberry Pi4 with touchscreen and camera
https://www.raspberrypi.org/products/camera-module-v2/
Deliverables
- Finish construction detailing of machine. (15 days)
- Implement protocol for banknote reader on raspberry Pi 4 (15 days)
- Implement protocol for ticket printer on Raspberry Pi 4 (10 days)
- Design user interface for touchscreen (15 days)
- Implement QR code reader (5 days)
- Integrate all parts into 1 program (20 days)
When a banknote is entered a ticket is printed.
When the ticket is scanned the banknote is returned
Grant funding

Estimated product cost = € 13.10,88 (see exploded view)

- First samples
2.000,- Purchased components
1.800,- Manufactured parts
- Cabinet engineering
Hourly rate 70,-
15 * 8 * 70 = 8400,-
- Software engineering
15 + 10 + 15 + 5= 50
50 * 8 * 70 = 28000,-
Funding needed
30.000,- Catalyst
10.200,- M2tec
-------------------+
40.200,- (2.000 + 1.800 + 8.400 + 28.000,-)
Looking for help
This product will work well in combination with a stake pool. This could give your stake pool a competitive advantage. If you have a stake pool and want to work together on integration please contact me.
If you like working with software / Plutus in combination with this project. Please contact me.
If you operate shops or know of people operating in areas where this product is of benefit. Please contact me.
You can find me on discord https://discord.gg/bM4Z35z8WN
Fund5 Search for partnership with stakepool operator. Build profit sharing protocol.
Stakepool operator can gain a competitive advantage by having physical presence in shops. Profits of customer staking with the machine can be shared between stake pool, shop owner and customer.
Printer can print a ticket with a QR code but also with special design. This can also be added to the customer wallet as an NFT. This could add value for the customer with more feeling of ownership
Fund6 Find partner for distribution of machine to shopowner
Machine needs to be manufactured, sold an distributed. In case of hardware failure a network of support needs to be available.
What success for the stake machine resembles
Introduce customers in an easy way to the benefits of staking with cryptocurrency. By making the experience special and tangible, using crypto can become more fun.