[Exclusive Interview] Meet 0xSkywalkerL, Founder of Offramp.xyz

Today we have the chance to meet with 0xSkywalkerL, founder of Offramp.xyz. Together we will discuss how Offramp.xyz allows users to On/Offramp without KYC, why such a service is needed in crypto, how he came up with the idea, and many more. Let’s get started!

Exchange crypto-to-fiat from MetaMask to your bank account without KYC – Source: Offramp.xyz

[Surferinvestor] Could you please summarise briefly what Offramp.xyz is about?

[0xSkywalkerL] Offramp.xyz is a decentralized on/offramp protocol that allows users worldwide to buy and sell crypto without KYC, using their self-custodial wallets and bank accounts.

[Surferinvestor] No KYC? This sounds amazing! Could you explain how does Offramp differ from existing P2P fiat<>crypto exchanges?

[0xSkywalkerL] Sure there are two main differences:

1. Unlike other P2P platforms, we don’t hold any crypto or fiat in custodial escrow accounts during transactions – nothing “flows” through us, meaning that no KYC is needed.
2. During payment disputes, existing platforms default to human intervention to settle transactions. In contrast, we use hybrid escrow smart contracts that verify and settle trades automatically and trustlessly. No human intervention = no centralized risk.

Back-end Architecture of Offramp.xyz. Since Offramp.xyz is not holding funds on “behalf”, no KYC is needed. Source: Offramp.xyz Whitepaper.

[Surferinvestor] Could you please introduce yourself as a founder? What is your background?

[0xSkywalkerL] I started my career in venture capital, working on Series A+ deals at a tradfi VC. Like most newcomers in the industry, I eventually got bitten by the startup bug after a while so I left and joined a fintech startup to lead strategy and growth. I was spending a lot of time in crypto on the side, hanging out in Discord servers, and eventually just decided to make the leap of faith and become a founder.

[Surferinvestor] How did you come up with the idea of Offramp.xyz?

[0xSkywalkerL] As a venture-backed web3 team, we faced on/offramping issues at an institutional scale. We had to register for business accounts on CEXes/OTC desks, and the amount of KYC and due diligence done on us took up a lot of time. Post-FTX collapse, it was unclear how far contagion had already spread and so we were uneasy with trusting any CEX or OTC to hold our crypto in escrow. This seeded the idea in our minds for how Offramp might work – so we launched a landing page, started tweeting and engaging with our early community members, and the feedback pushed us to start building Offramp.

[Surferinvestor] What item in the roadmap gets you the most excited?

[0xSkywalkerL] Our v0.1 launch. Going from 0 to 1 (to use a web2 phrase) is by far the most exciting and important step of the journey. By launching an early version, we’ll get valuable and quick feedback from users that we can immediately start iterating on. From a technical perspective, the idea of instant fiat liquidity pools sounds extremely challenging and thus interesting.

[Surferinvestor] Why should I use Offramp as a user? What problem does it solve?

[0xSkywalkerL] If your privacy, your data, and your crypto and fiat are important to you, then Offramp.xyz should be your default on/offramp of choice. Nobody in the world should be able to demand your personal information and hold your fund’s hostage on their platform, just so you can buy a dollar’s worth of bitcoin.

Offramping is done entirely peer-to-peer – Source: Offramp.xyz

[Surferinvestor] How many people in the team?

[0xSkywalkerL] We have 9 people in the team – 6 devs, 1 QA, 1 UI/UX, and myself heading growth.

[Surferinvestor] In an ideal world, how would Offramp look in 5 years?

[0xSkywalkerL] “Offramp me” should be a colloquial phrase in crypto – just like how Google, CashApp, and other iconic companies have become. I truly think we have an immense opportunity to replace centralized on/offramps and help build the future of crypto, the way it was meant to be.

[Surferinvestor] For people who wanna jump in, how to get started?

Read our whitepaper here, then head to our Discord to apply for beta access!

We thank you for your time with us 0xSkywalkerL we wish you all the best in the future steps of Offramp.xyz. Such a project is actually needed in the crypto space. What we do with our money is none of their business.

  • Open an account on Binance today >> Click here

We wish you all the best in your life as a cryptocurrency, stocks, or ETF investor. We also hope that you enjoy our Lifestyle section. Please keep in mind that I am no financial advisor and none of the above is guaranteed to be correct. I create the content above for education purposes only. Cryptocurrency investments are subject to high market risk. Surfer Investor is not responsible for your trading losses. The opinions and statements made above should not be construed as financial advice. All the best – Surferinvestor.com

Zeen is a next generation WordPress theme. It’s powerful, beautifully designed and comes with everything you need to engage your visitors and increase conversions.