About The Auscoin Vision
THE REAL WORLD MEETS BLOCKCHAIN
Our vision is to capitalise on the potential to integrate Bitcoin and cryptocurrency into daily life. This will completely change the way the world transacts; revolutionising conventional contracts between individuals, businesses, organisations and everyone in between.
AUSCOIN Group is dedicated to delivering our two primary goals:
- Bringing AUSCOIN to the mainstream consumer market through the implementation of its world-first ATM network; and
- Establishing AUSCOIN as one of the leading cryptocurrencies, emulating the same success as Bitcoin and other cryptocurrencies.
We believe the most significant barrier to entry for everyday people in the cryptocurrency market is accessibility. Cryptocurrencies are viewed as “too hard” or “too confusing” for many people to access, slowing widespread adoption. AUSCOIN aim to remove these barriers by building a nation-wide network of 1200+ ATM access points and allowing the general public easy access to cryptocurrencies. AUSCOIN and our growing network of ATMs offer a practical way to spend, buy and sell cryptocurrencies using a familiar, user-friendly interface.
AUSCOIN Group has identified 600 premium locations across all states in Australia and already have over 100 retailers who have expressed an interest in accepting AUSCOIN as a preferred payment method. With these measures in place, the stage is set for AUSCOIN to be one of the fastest-growing cryptocurrencies in existence.
We are in discussions to secure as many of these premium locations as possible and will update our community as these negotiations finalise. AUSCOIN Group is the first company to commence a National rollout of Bitcoin ATMs within Australia and Asia Pacific regions.
Other blockchains use rewards from the mining pools to provide ongoing funding for development of the protocol. At AUSCOIN we are focused on our ATMs and so intend to reserve 1% of the value of all transactions processed by the ATM into a wallet and with those funds to be used only for the promotion, growth and development of the AUSCOIN Network. Those funds will not be used for maintenance of the ATMs.
