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What is P2P Coin?

A lot of business ideas are being explored in cryptocurrency. No one will deny the masternode industry is firing on all cylinders. Numerous projects come to market every week. P2P Coin is a project with a slightly different outlook in this regard. Rather than just building hype, its developers are creating an interlinked ecosystem. The native P2P currency will play a key role in all of this moving forward.

The P2P Coin Vision

There are a few key aspects of the P2P Coin ecosystem. First of all, the P2P-Coins.pro platform comes to mind. It will offer masternode hosting, blockchain development, web design services, and so forth. This is all clearly outlined in the project’s whitepaper. Secondly, there is the P2P currency, which is used to cover fees generated by all of these services. It is this currency which makes the entire ecosystem tick.

Under the Hood of the P2P Platform

It is worth noting the P2P platform was not created overnight. In fact, it has been around since late 2017. That alone makes it one of the few projects to build a working platform prior to creating a new currency. It is an approach most current altcoin developers have seemingly lost track of. Ever since the platform was created, the developers focused their attention on expanding upon the infrastructure.

In late 2018, the P2P Coin network and blockchain were launched. This native currency will play an integral role on the P2P Platform as a whole. Speaking of which, this new platform spans a fair few different features. For instance, it allows developers to use a “pre-sale’ service”, which is paid for entirely in P2P. Developers can also benefit from the coin swap service, wallet development, block explorer building, and one-click masternode deployment. Especially this latter feature has proven to be of great interest already.

Further services to explore include pooled staking, Linux server management, and professional web design. All of these skill sets are tied to cryptocurrency activities, for the most part. They can only be paid for with P2P, the native currency of this platform. By going this route, the developers ensure the value of P2P will always remain present.  Moreover, that value is slated to increase as the underlying platform gains more traction across the board.

The P2P Currency Explained

As the name suggests, P2P is a global peer-to-peer digital cryptocurrency. It is the default payment method for the P2P Platform. Clients use this currency as electronic cash to pay for services rendered. It is expected this currency will find use cases outside of the proprietary platform a swell. Further details regarding those developments will be available in the future. For now, it will be used primarily on P2P-Coins.pro.

Masternodes Are Available

Rather than selling the entire coin supply through an ICO or STO, the P2P Coin team opts for a masternode-oriented model. Early investors buy 1,000 P2P to create a node and receive additional coins in a passive manner. The rewards for running a network node fluctuate over time. There is no required collateral change, as the overall coin emission is fairly limited, even at its peak.

What Comes Next for P2P Coin?

Any self-respecting cryptocurrency project needs a roadmap. Although goals are subject to change, the P2P Coin team has put together a thorough to-do list. The focus currently lies on building a mobile wallet and getting listed on additional trading platforms. New services will be made available on the platform in the coming months. The first one will focus on the pre-sale, followed by coin swaps and blockchain development. More information regarding these milestones will be released in due time.

Technical Specifications

Coin TickerP2P
Total Supply21 Million P2P
PremineYes, 300,000
PoS or PoWPoS
Increasing Collateral Requirement?No, but fluctuating masternode and PoS rewards
GitHub LinkGitHub
Block ExplorerP2P Coin Explorer
Websitehttps://p2pcoin.network/
DiscordChannel Link
Twitter@P2PCoin_Network
AnnouncementBitcointalk

Disclaimer: All information provided in this article is for educational and entertainment purposes only. MNMMG Does not offer investment advice and is not responsible for any financial losses sustained by its readers.

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