AMA Recap: ByBarter x Polkastarter
We recently hosted an AMA with Alex from ByBarter to dive into their vision, growth strategy, and long-term roadmap. ByBarter is building a self-custodial bank and on/off-ramp solution designed to give users true financial sovereignty. If you missed the live conversation, here are the key highlights:
Scaling from 15,000 → 2M Users in 12 Months
Alex explained how ByBarter plans to scale aggressively yet sustainably:
- B2B2C Integrations: Partnering with non-custodial wallets, DeFi protocols, dApps, and fintech apps to tap directly into millions of users.
- Product-Led Virality: A frictionless UX (onboarding in under 60 seconds), strong referral incentives, and multi-chain support.
- Geographic Expansion: Rolling out in LatAm (PIX), SE Asia (local payment rails), and EU (SEPA).
- Infrastructure Built for Scale: Microservices, auto-liquidity management, and fast, compliant KYC ensure smooth growth.
Faster, Cheaper Cross-Border Payments
ByBarter is tackling inefficiencies in traditional systems like SWIFT and even competitors like Paxful:
- Instant Settlements: On-chain in seconds, not days.
- Lower Fees: Fractions of a cent vs. $30–50 per SWIFT transfer.
- Non-Custodial Direct Transfers: Users hold their own keys—no risky escrow.
- DeFi Liquidity Pools: Deep, cross-chain liquidity ensures fair rates and constant availability.
Result: Global payments that are faster, cheaper, and more secure.
Self-Custodial Banking
ByBarter challenges the old paradigm where banks control your money:
- True Ownership: Your keys, your crypto.
- Direct Spending: Tap-to-pay debit card linked to your wallet.
- 24/7 Global Access: No banking hours or restrictions.
- Programmable Finance: Smart contracts allow custom rules and automated treasury management.
This is financial freedom, without compromise.
Long-Term Success for the Community
For ByBarter, success isn’t measured only in token price but in empowerment:
- A Thriving $BYB Economy – Millions using $BYB daily for payments and DeFi.
- Community-Driven Governance – $BYB holders steering protocol decisions.
- Everyday Sovereignty – A future where users can walk into a bank and ask: “Why do I need you?”
ByBarter’s Revenue Model
- Years 1–2: Transaction fees from on/off-ramps and payments will drive revenue.
- Years 3+: Expansion into marketplace income (premium listings, services) and subscription models (enterprise APIs, premium banking features).
- Long-Term Mix: A balanced model of transaction fees (40%), marketplace income (40%), and subscriptions (20%).
This AMA showcased how ByBarter is not just building a product, but reimagining financial sovereignty. From rapid scaling to an evolving revenue model, the project is positioning itself as a key player in self-custodial finance.
👉 The ByBarter IDO allowlist is still open – don’t miss your chance to join! Apply here: https://polkastarter.com/projects/bybarter
About Polkastarter
Polkastarter is a fully decentralized protocol for launching new ideas. Our curation process and industry access enable us to offer the best new projects in blockchain and digital assets. With Polkastarter, decentralized projects can raise awareness, build a loyal community, and receive long-term support. Users of the platform will be able to participate in a secure and compliant environment and use assets both in and beyond the current ERC20 standard.