Peer2Group: Real Peer To Peer Cryptocurrency Token Protocol?
Peer2Group, found online at Peer2.group, describes itself as “a human peers based digital group for [the] 21st century.” Find out what that means today in our review.
What Is Peer2Group?
Peer2Group is a blockchain-based platform that aims to facilitate various “peer to group” economic activities. The platform will include services like Peer2.cash, a fiat gateway for a distributed economy and decentralized apps. There’s also Peer2.krd, a crypto card program that aims to empower digital independence.
Together, these services aim to help users spend their cryptocurrency funds in the “real world” more easily, including increased spending opportunities at online and offline merchants.
Peer2Group isn’t a single company: it’s a group of companies formed in 2015. The group was formed in some of the most advanced crypto-friendly jurisdictions worldwide with the goal of developing better blockchain-based services for the crypto community.
How Does Peer2Group Work?
Peer2Cloud: This will support the Komodo Platform to create a next generation technology platform for financial independence. Found online at Peer2.cloud, the platform aims to encourage voter participation by giving voters a 30% share of profits generated by nodes on the network. There’s also a free debit card. Peer2Cloud aims to launch in 2018.
Peer2Group has created Peer2Cash to function as a convenient fiat gateway with an open API for the distributed economy and decentralized apps. Found online at Peer2.cash, the platform lets you buy and sell cryptocurrencies like bitcoin using ordinary bank accounts – including cash deposits. You can exchange fiat currencies (including CNY, USD, EUR, INR, PHP, RUB, and CAD) for cryptocurrencies (like BTC) in seconds online using the convenient online form.
Peer2Group describes Peer2Fund as their flagship product. It’s a cryptocurrency fund represented in 1 million tokens. The goal is to use that fund to share success with the community, partners, collaborators, and investors.
All 1 million tokens for Peer2Fund will be released before summer 2018. The fund will get income from trading volume on Peer2.Cash and Peer2.Market (both of which charge 0.3% fees), as well as Peer2.Krd (which charges a 0.2% fee), Peer2.Cloud (10% fee), and future Peer2.Group products. Basically, Peer2Group wants to reward users as the community grows.
Peer2Krd, found online at Peer2.krd, is a convenient card that lets you spend your cryptocurrencies anywhere VISA and MasterCard credit cards are accepted. You can spend your crypto balances online or offline.
Peer2Market is a whitelabel marketplace for exchanges and OTC traders using the Peer2Group digital escrow service.
Future products offered by the company will include:
Peer2.bio is a reputation service that helps users have a public source of trust. Users can share that reputation with trusted parties to verify their identity. It’s a blockchain-based identity verification service that facilitates smoother, more trusted transactions.
Peer2Group will offer a network of legal experts and tax advisors that advise clients on the best practices. These professionals will be able to sell their services online through Peer2Legal.
Peer2Group will launch a convenient and cheap escrow service for the freelancer community called Peer2Work. That platform, like other freelancer platforms, will allow freelancers to securely interact with contractors, with funds held in escrow until the job is complete.
Finally, Peer2Group will launch a platform called Peer2Tech. That platform will develop services on top of Komodo’s platform technology, including a decentralized exchange, SPV wallets, and “assetchains”.
Who’s Behind Peer2Group?
Peer2Group is a group of companies formed in 2015. The companies are “based in most advanced crypto friendly jurisdictions” around the world.
The team describes itself as “a full team of professionals with different backgrounds and areas of expertise.” The goal of the collaborative project is to create “easy to engage services towards crypto fiat bridging.” In other words, Peer2Group wants to better connect the crypto economy with the “real world” economy.
The organization is formed in Gibraltar. It’s unclear which specific companies are involved in the group, as none of the companies are named on the official website. In March 2018, Peer2Group announced a partnership with Komodo. Komodo will get 10% of Peer2Fund tokens as part of the partnership.
The Peer2Group ICO
Peer2Group will distribute its Peer2Fund tokens in summer 2018. The tokens will be initially distributed to partners, collaborators, employees, and investors. It’s unclear if tokens will be sold to the public, or if they’ll exclusively be given to partners and collaborators.
In any case, Peer2Fund will collect fees from all Peer2Group projects, then place those fees into a common pool. Fees will be used to reward all Peer2Group token holders.
Peer2Group is a collaborative project that seeks to bring blockchain to a number of different fields, including everything from freelance marketplaces to decentralized exchanges. To learn more about the project, visit online today at Peer2.Group. The project was formed in 2015, although development seems to really be picking up in 2018.