Peer2.group have announced an agreement to distribute 10% of its Peer2.fund tokens 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 the handling of cash, allowing the group to achieve an accurate digital approach to business while also focusing on bridging the gap between fiat and crypto.
The business lines being actively developed by the group includes Peer.2cash, a fiat gateway for a distributed economy and DApps, which has been working in beta version for last 24 months and is now being scaled. Peer2.cloud is an approach to supporting Komodo Platform as a next-gen 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 is another business line which consists of a crypto card program to empower digital independence. The roadmap has three phases. First, allowing the sending of funds to any credit/debit card in the world (which accepts it). Second by allowing the buying of bitcoin and other cryptocurrencies with credit/debit card. Finally by issuing a Peer2.krd branded card for users.
Peer2.market is 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 the tokens they hold at any time against the corresponding percentage stake accumulated in the fund after performing a KYC process. Alternatively, holders can also sell the tokens on exchanges where listed, which would include the in-development decentralized exchange by Komodo team (Barterdex).