Peer2group has partnered with Komodo, who will get 10% of the tokens. These will be held in escrow by a legal entity and distributed before summer 2018 backed by a legal entity.
Gibraltar – March 20, 2018 —
Peer2.group recently agreed to distribute 10% of its Peer2.fund tokens, which will aim to be released before summer 2018 backed by a legal entity, for an undisclosed amount. Peer2.fund is a cryptocurrency fund supported by a legal entity, which will get income from all Peer2.group business projects. Peer2.fund will have its token released before summer 2018.
This project consists on a wide range of business models that don’t require to handle cash, allowing the group to achieve an accurate digital approach to business while also focusing on filling the gap between fiat and crypto.
The 4 Business Lines Being Actively Developed by the Group are;
Peer.2cash, a fiat gateway for a distributed economy and DApps, which has been working in beta version for last 24 months and it’s now being scaled.
Peer2.cloud, our approach to supporting Komodo Platform as a nextgen technology platform for financial freedom and privacy. The group is engaging in Notary nodes elections at Komodo to become part of Komodo backbone technology.
Peer2.krd, a crypto card program to empower digital independence. The roadmap is gradually coming to life in three phases. First by allowing to send funds to any credit/debit card in the world (which accepts it). 2nd by allowing to buy bitcoin and other cryptocurrencies with credit/debit card. 3rd by issuing a Peer2.krd branded card for our users.
Peer2.market, a competitive white label marketplace for Exchangers and OTC traders, which aims to build a platform that will allow people from around to world to engage in buying and selling cryptocurrencies as a profitable activity.
Regarding its distribution, Peer2.fund tokens will be distributed before summer to collaborators, partners, employees, and investors. Holders will have the ability to exchange at any time the tokens they hold against the corresponding % stake accumulated in the fund after performing a KYC process. Alternatively, holders could also sell the tokens on exchanges where listed, which would include the in-development decentralized exchange by Komodo team (Barterdex).
Peer2Group is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest
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