This post is dedicated to Satoshi2 model from Genesis Coin, which is a third generation model of its product line (this model can be called “Satoshi2” or“two-way Satoshi1”, which refers to the same product). The first generation model Genesis1 was a large bitcoin machine similarly looking to many traditional bank ATMs (it uses Genmega hardware), which supported two-way operations. Later company launched lighter version – Satoshi1, this machine was smaller, but with large 21″ screen. It supported only buy bitcoin operations.
Why you need to create and promote your bitcoin ATM brand
Almost every day there is a new bitcoin ATM installed somewhere in the world. Most of the locations are in the U.S. and as it was mentioned in previous posts there is a concentration trend continues in bitcoin ATM industry. Concentration happens on both levels: geographical level (bitcoin ATM locations are not evenly distributed with some peak numbers in particular cities) and operator level (there are some big players appeared on the market that have many bitcoin ATM machines installed). Two trends are interrelated as the same operator may want to locate machines in the area where the company or owners are located. However, some bitcoin operators have nationwide or even worldwide networks.
With these trends in place it is very important for bitcoin ATM operators to distinguish their machines from competitors’. There are many reasons for this, but the main ones are:
General Bytes has introduced a new bitcoin ATM BATMThree recently. This is a long expected two-way machine from this manufacturer, which will support buy and sell operations at the same time.
The software was developed before and provided to the operators of Robocoin kiosk as a replacement kit, so it was a matter of creating the hardware for the own product. The new machine has a very slick design with neon lightning, which will definitely attract attention of walking by people.
The bitcoin machine has a nice big touch screen, which looks much better than the screen of the previous models. Continue reading →
There are many Bitcoin ATMs appearing around the world and there are only several main producers for these machines. Operators want to make their ATMs look individually and usually use their own design, which is applied to standard Bitcoin machines.
Let’s look at the “Top Chart 5” of such ATMs provided by BitAccess.