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Author Topic: [ANN] PUNGO TOKEN - A Revenue backed token for our products  (Read 383 times)
Instak
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September 15, 2018, 04:20:34 AM
 #1

Pungo Token Specs


  • UNITS: 10 million units
  • CHAIN: Komodo Independent Chain
  • SYMBOL: PGT
  • RELEASE: 15th september 2018
  • PRICE: 0.5 USD/PGT


Issuer: Peer2Group has been developing several projects around Komodo community since last 3 years. We have launched diferent projects last months. We aim to bridge the digital and analogic world while keeping a distributed, open and respectful approach where users are in control. We consider cryptocurrencies/tokens as the evolution of money and value on a global, distributed world.

A token backed by Revenue:We build a healthy token based economy by directing a % of our products revenue to Buyback Fund escrowed by a well known foundation through its Opening Chain Project.

Pungo Token Utility: We build a token based economy. PGT is used to pay commissions, affiliations, for premium features and fees discount in our products among other utilities that will be developed. Backing our token with a guaranteed Buyback Fund gives consistency to its utility.

Products: We are consistently developing a set of products for the digital era which are now converging into a digital wallet to become a DISTRIBUTED CRYPTO SERVICE HUB

  • Peer2Cash (LINK): A fiat gateway already working supporting KMD and BTC, which plans to evolve into a distributed liquidty platform
  • Peer2krd: (LINK) A Debit card program providing a crypto reload service, now accepting KMD and BTC, with more coins coming soon.
  • Pungo Wallet (LINK): A Mobile-first multicrypto light wallet built on Komodo tech supporting BTC, KMD, PGT wich will implement all our products in the near future to become a HUB FOR DISTRIBUTED CRYPTO SERVICES.
  • Peer2Trade (LINK): The liquidity provider setup platform that will allow anybody from anywhere to "plug-in" to Peer2Cash distributed liquidity platform
  • Pungo Token (LINK):A token to build a digital economy between all our products, backed by our product revenue

 
Backed by Komodo tech: We have been backed by Komodo as early investor and we build great blockchain products using Komodo great technology blockchain tech. We were most voted candidate of 2018 komodo elections (Peer2Cloud) and we operate 2 Notary Nodes of Komodo backbone of 64 high spec nodes.

Papers: You can check our technical papers in our Pungo Token page


About us & Pungotoken links


Social:



Token sale starting Saturday 15th September 11 CEST, join us early and get great discounts on price
Most products on production and a Coin Marketcap under 5 million USD




[/list]
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September 18, 2018, 11:23:54 AM
 #2

When we started thinking about creating a Token for the digital economy we realised that it should be something different from what was being done by many projects out there.

In our case we wanted to deliver real value to our token holders by sharing revenue but we also want to develop an in-app economy through all our projects and/or partnered projects.



PART 1: A token backed by real value

It took us some time to set up everything , but finally we came up with the concept of “Revenue share” through a Public Buyback Fund.

To guarantee that collected REVENUES are always there and are collected in a honest way we have set up a full transparency program with Inlea Foundation through its Opening Chain project to provide holders with all information regarding the funds sent to Public Buyback Fund.

We also think this kind of “legal framework” could in fact be re-used by other startups or medium/small businesses who would like to build on blockchain in a transparent way.

All our products send its Revenue to the Public Buyback Fund and the accumulated funds are used anytime to Buyback PGT to token holders who make a Buy Back Request.

As a result Pungo Tokens have a guaranteed bought back value at any point in the future, and this value grows month by month as we accumulate Revenue in Public Buyback Fund.

This could have been enough to create our Pungo token, but we want to further develop all possibilities that Blockchain is giving us. Stopping here would feel like leaving things half done. So, let’s go with PART 2 Smiley



PART 2: Building a token economy

We also want to unleash and build on the underlying economy that building our own cryptocurrency allows us to create.

That is why we have set up an utility layer for Pungo Token that will be developed along with its “store of value” property.


1. Pungo token to pay fees on our products: The same way other products do, our PGT holders will be able to pay fees in our products with PGT and get a reduction on those fees. For example, we will enable PGT “deposits” that will guarantee better rates in our Peer2cash fiat gateway and depositing PGT will give X % of discount for a total of Y amount of fiat.
2. Paying commissions and affiliations: Pungo Token will be used to send out commissions and affiliations of our products. As PGT is backed by real, increasing value, we have reserved up to 10% of tokens to properly develop this services.
3. Developing a community around PGT is a key point for us, as we are community based. We will be building several low-complexity tools around PGT, such as voting features and the exclusive gadget shop. For example:

  • Issuing vote tokens to PGT holders to vote on adding new coins.
  • Engage community to vote on different subjects related to our products.
  • Rewarding those who actively participate with extra PGT.
  • Developing an exclusive gadget shop to spend PGT.

Especial features unlock: We want to set up a growing list of especial features, early bird product access, requiring hold of minimum amounts and we will also develop different partnership levels. With time we hope we will be able to develop a full catalog of “features” around this including:

  • Early bird unlock in-app products such as new debit cards with PGT.
  • Discounts on product unlock using PGT.
  • Unlock premium payment methods will require holding min amount of PGT.
  • “Partner levels” will require to hold min. amount of PGT.

Getting listed in exchanges and DEX’s: As part of our commitment to build our PGT economy we will make sure that, appart of guaranteeing BUYBACK through Public Buyback Fund, the token gets listed in several decentralized and centralized exchanges. This includes Barterdex/Hyperdex, but also to other ones, we will be pushing new information about this as we have it available.



CONCLUSION

As you could have probably spot already, some people might see PART EVEN as unnecessary as sharing Revenue maybe be a enough a good reason for most of the people to buy in.

We couldn’t disagree more. It’s PART 2, “building PGT digital economy’’ the one which ultimately makes the whole thing take off within the nascent digital economy. If it wasn’t for the huge possibilities of Blockchain for organizations and companies we wouldn’t be here now.

We are all seing the birth of something humanity has seen only very few times in its history: A reinvention of money and value through the internet.
Building a digital private currencies around companies/organization products makes its value increase exponentially and is what everyone, every single company, will be doing within the next 10 years.

Interested? Join us at Pungo Token Sale
Instak
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September 20, 2018, 08:33:21 AM
 #3

Some days ago we released our Pungo.app a multicrypto wallet that will integrate several services into it. You might like to check our medium article about it HERE.

Today we are asking in Twitter about what coins we should be adding to it next. We have set a poll HERE.

Also we are open to feedback on what coins you would like to see listed within next weeks. Feel free to let us know!

In the recent article published at Komodo, @danielcpigeon explains the continuing collaboration between Komodo Platform and Peer2Group with two recent developments, find all information HERE.

And remember, our Token sale is live, get a revenue backed token before price goes up in some days. You can check it at Pungotoken.sale
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September 20, 2018, 07:14:33 PM
Last edit: September 20, 2018, 08:58:46 PM by Instak
 #4

We made an open call for community feedback this week about what coins would you like to include in Pungo Wallet.

So, we have the last version of our cryptowallet in Google Play store! Congrats to:

  • OOT
  • VRSC
  • ZILLA
  • EQL

and as they will join the Pungo Wallet familly very soon.

In the other hand some of you may be wondering where is #Pungotoken going? Well, towards a private, transparent & collaborative startup model, enabling small & medium businesses, bridging the Revolution with Komodo Platform blockchain & cryptocurrencies. We wrote a nice article about this topic that you can read HERE. Don't forget to join our PGT sale: Pungo Token Sale & get a free debit card (EU only).
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September 23, 2018, 11:31:15 AM
 #5

Peer2Group partners with Smartcash team to provide a fiat gateway, a crypto reloaded debit card and a multicrypto wallet for SMART.

SmartCash is a fast, merchant oriented, user friendly and community driven cryptocurrency with a decentralized governance system. Peer2group is a young blockchain startup bridging the fiat and digital world.

As a result of recent collaboration between Peer2Group and Smartcash teams, SMART has been added to Peer2.cash a fiat gateway allowing European users to buy and sell for Euros, with new methods coming soon.

Additionally, at Peer2.krd all SMART european users are now able to order a debit card that can be conveniently loaded with SMART.

Finally, Pungo wallet has been launched and has added support for SMART. The wallet is available for download for Android users and will soon be available for iOS users as well. All Peer2Group’s services will be integrated soon into the wallet, providing effectively with a CRYPTO SERVICE HUB while users keep in total control of their funds at all times.

Recently Peer2Group has launched its own crowdsale, called Pungo. Pungo tokens (PGT).Will be backed by 0.2% revenue fees collected from Peer2Group products will serve as a primary currency for all Peer2Group products and services, including Peer2Krd and Peer2Cash, among others.
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September 23, 2018, 11:34:04 AM
 #6

I see that your platform is actively developing, the desire to see new projects among them, if you need a Russian translation of the thread let me know, thank you

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September 25, 2018, 02:38:44 PM
 #7

I see that your platform is actively developing, the desire to see new projects among them, if you need a Russian translation of the thread let me know, thank you

Thanks konstant111, We'll consider it if we need to translate into Russian.  Smiley
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October 03, 2018, 12:08:32 PM
 #8

Let's sing the PUNGO song, because we added LTC, DASH, BCH DGB, VIA, DOGE, ZEC, QTUM, GAME into our crypto wallet. Welcome to  PungoApp! Come sing with us?

You can't miss this video  Wink   Watch the video



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October 10, 2018, 05:16:06 PM
 #9

Get 100 PGT by the face now! Worth 50 USD for free.

Download Pungo App wallet here or directly from Google Play.
Share your wallet QR screenshot & tag us or send us by private message and you'll receive your bounty in a matter of hours!

Hurry up is a limited promotion!
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October 11, 2018, 11:33:44 PM
 #10

Pungo Token (PGT) is already rated by Cryptolaboratory. All facts are here. Don't miss it!
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October 12, 2018, 06:21:56 PM
 #11

No crypto? No problem!

Now you can invest directly in Pungo Tokens with EUR by SEPA. Visit Pungo Token.

Until 15th october PGT with a big discount, don't miss it!  Wink
Instak
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October 18, 2018, 04:32:58 PM
 #12

If you have iOS, now you can get Pungo Wallet in your iphone.

How?







  • Choose your cryptocurrencies; PGT, KMD, BTC, SMART, OOT, DASH, DOGE, DGB ...



and let's bridge the revolution.


We will be on Apple Store very soon!
Krezz2017
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October 18, 2018, 06:03:42 PM
 #13

You wrote. "fiat gateway is already working with KMD and BTC support, which plans to switch to a distributed liquidity platform
Peer2krd: (LINK) A debit card program that provides a crypto-processing service, now accepting KMD and BTC, with more coins in the near future. "Which banks do you work with?

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October 25, 2018, 09:56:12 AM
 #14

New announcements about:

  • Project status.
  • Public buyback fund status.
  • Voters payout.
  • Komodo Airdrop.
 
Read all details on Peer2Group Blog .

There're many reasons why you should join the token sale; PGT, visit the website
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October 26, 2018, 03:11:24 PM
 #15

Hey krezz2017, thanks for your comments.

We work with several exchanges and banks in european union and outside it, we are actively working to expand the network to improve service.

Fortunately not only big exchanges can handle to workout convenient fiat gateways but young startups like ours can handle too Smiley

Hope to see you around in our app!



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November 05, 2018, 11:13:03 AM
 #16

Pungo Token Sale, only 10 days left!

A token backed by revenue from our products:



Join us at Pungo Token Sale with $KMD $BTC $GAME $VIA $EUR

Know more about Pungo Token on our Blog

Peer2group Team
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November 13, 2018, 12:16:53 PM
 #17

PGT now supported in Agama!



Thanks KomodoPlatfom for the great job.

Get it now from https://komodoplatform.com/komodo-wallets/ and check out its new features.

We are now ready for Airdrops, stay tunned! Wink
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November 15, 2018, 11:07:28 AM
 #18

PGT Burn Program

Today ends the Pungo Token Sale and we have started our Burn program to reduce supply Grin.
 
Go down to hell and check it here
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November 16, 2018, 10:59:20 AM
Last edit: November 16, 2018, 11:11:31 AM by peer2group
 #19

Crowd Sale Closed,Thank you for participating in Pungo Token Sale

Our Token Sale is now closed. Many people from all over the world participated in our sale.

We sincerely appreciate your support.  Thank you PGT Believers !!!

Check the stats of the sale on Pungo Token Sale

On the other hand, the Foundation will start 1st december publishing the amounts stored in our Crypto Fund and calculating the "price per PGT". We will post the pages were you will find the reports.

Peer2group Team
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November 16, 2018, 12:02:31 PM
 #20

How many eth you raised in ico ?

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