PeruCoin
PeruCoin
Token: PRU


The ICO That will Change Peru

ICO dates
Start date: 2018-05-21
End date:

Registrated in: Perú

Platform: Ethereum
Type: ERC20
https://perucoin.com.pe Screenshot
PeruCoin categories
Education
PeruCoin whitepaper

PREMIUM ICO

Video
PeruCoin token sale
KYC passing required Yes | Whitelist No | Restriction for countries None
Soft cap 5,000,000 USD
Hard cap 13,300,000 USD
Tokens for sale 1,900,000
PeruCoin news, social
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Random whitepaper excerpts

INDEX
PREAMBLE
NOTE FROM THE CEO
ABSTRACT
MISSION & VISION
INTRODUCTION
VALUE PROPOSITION
ABOUT THE TEAM AND COMPANY
WHAT IS PERUCOIN?
WHAT INSPIRED PERUCOIN?
INTRODUCTION TO PERUCOIN
DEFINITION OF TERMS
CRYPTOCURRENCIES
TOKEN
ICO
BENEFITS
WHAT IS ETHEREUM?
WHAT CAN ETHEREUM BE USED FOR?
WHAT IS SMART CONTRACT?
MINING
HOW CRYPTOCURRENCY MINING WORKS?
TECHNICAL MINING TERMS EXPLAINED
OPPORTUNITIES AND RISKS
ADOPTION RATE OF TECHNOLOGY
THE PROBLEMS
POSSIBLE CAUSES
POSSIBLE SOLUTIONS
GIVE LECTURES IN UNIVERSITIES ABOUT CRYPTOCURRENCIES
SHOW MINING EQUIPMENT
CREATE A MINING FARM AND CONDUCT GUIDED TOURS WITH
TRAININGS WITHIN THE FARM
SHORT-TERM OBJECTIVES
LONG-TERM GOALS
TOKEN PRICE STRATEGY
BUSINESS MODEL
MARKETING STRATEGY
POSSIBLE SCENARIOS
ICO DISTRIBUTION
CONCLUSION
PERUCOIN
3
5
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PERUCOIN
PREAMBLE
In the North-Eastern Village of Abancay, two tech entrepreneurs; Demmy and
Barrack just explained to their third friend, Paresh, a simple explanation of ICOs
and cryptocurrencies. Why couldn't you have a coin for people in absolute
poverty? Paresh, a renowned psychologist who has worked in a remote village
during his hospital residency years, asked his friends; Barrack and Demmy. They
are so helpless to the point that they can rob with a knife or gunpoint that a
crypto wallet could save their life. It could make their life better. There are
already many successful programs that could avail them the opportunity to use
good phones using fingerprint access.
Oh really! Wait a second! Said Demmy, a student of currencies, tech
entrepreneur, and political economist; You could create a cryptocurrency that
would save their life and from which initial investors could make a lot of money.
How does this work? Paresh asked.
It simply works by giving the currency a hard ca...

PERUCOIN
people a wage for completing a particular work. For example, the minimum
wage in USD but held in your crypto wallet in the cryptocurrency: ideally, you
can deposit about 50% of those salaries in a medium-term such as pension
fund. Over a few years, once this person meets particular work requirements,
these funds will be released to them but in manifolds. Hypothetically, the
continuous holding of the cryptocurrency would drive it to the roof. Investors
and workers alike would enjoy this appreciation. Wow! Amazing!! So people are
building careers and getting out of poverty by just being excellent members of
the community. Investors, Donors, and other members get a tax deduction and
get to point where the initially planned project got financed. Everybody is
integrated into the community.We need to make this happen, Demmy
concluded.
4
...

PERUCOIN
NOTE FROM THE CEO
The financial world is about to change and it's still changing beyond our
traditional thoughts of making transactions, exchange, and transfer value.
There are innovative, incredible, and seamless opportunities opened up by
decentralizing different sectors of the economy; powered by Blockchain and
made possible by Cryptocurrency. Despite these limitless opportunities,
however, many people still believe that cryptocurrency and ICO in particular
belongs to the age-long emergence of E-mail and internet in the 1900s.
Exemplifying this tendency is the current situation of cryptosphere in PERU,
where only 0.86% of the Peruvians invest in cryptocurrency. This is too low for a
nation that has significantly enjoyed and embraced technology innovation over
the past years. With cryptocurrency, to be noted, individuals can now equally
participate in a completely new ecosystem of either socially or financial
influential developments. At Bits2u, we are aware of these d...

PERUCOIN
mining through our mining farm (with more than 2000 mining machines) to the
youngest Peruvians living in the remotest rural area of the Peru state. This
report shows where PERUCOIN is edging to via its viable economic model.
While the crypto-industry and its share is also estimated to increase over the
coming years, the processing of crypto-payment and exchange is estimated to
reach an ultimate unprecedented level.
As it stands, there is reportedly less than 20% in the rate of adopting
cryptocurrency in half of the Latin America countries, particularly in Peru with its
estimated rate of 0.7% ; a rate which is higher than the adoption of blockchain
and cryptocurrency for most European countries. This is, therefore, one of the
reasons why the opportunities and timing for PERUCOIN to begin its expansion
couldn't be anytime but NOW! The majority of the Crypto-enthusiasts are of the
opinion that the implementation of the different decentralization solutions has
only just begun an...

PERUCOIN
ABSTRACT
With over 4,800 cryptocurrencies in the global cryptospace, it is still surprising
that Peru has not embraced the new dawn of global disruption powered by the
Distributed Ledger Technology. This presents many problems for the Peru's
cryptomarket and investment in cryptocurrency general. Even the crypto-
enthusiasts in the country aren't encouraged to invest in cryptocurrecncy as it's
still believed to be a farce. As a result, they have their money locked in the banks
that do not allow them to trade in cryptocurrency; they are still in non-tradable
currency. Due to the sheer rate of ignorance among the Peruvians,
cryptocurrency markets suffer from reputational issues and dillusion of
resources.
Specifically developed by Bits2u, PeruCoin aims to educate and expand the
knowledge about cryptocurrencies. We are aware of the high rate of ignorance,
particularly related to the technology of blockchain and cryptocurrency in
particular among the Peruvians. Through Pe...

PERUCOIN
the facilities together with brochures; documenting the operation procedures,
and demonstrations; showing how it's being done.
With an increase in the knowledge of cryptocurrency and the consequent
increase in the Value of the PERU tokens, we are sure that the traditional fear
which inhibit most Peruvians from investing in cryptocurrency would be
eradicated and the price of our Coin will increase.
By creating awareness about cryptocoin and totally eliminating the fear of
investing in cryptocurrency, PeruCoin will contribute to the network effect of
PERU tokens, more effectively leveraging the fragmented Peruvian community
and develop a mechanism for the recycling of spent resources back into the
future investment, construct a modern-day mining farm, and raise the
awarness rate of cryptocurrency among the Peruvians. Consequently,
PeruCoin will also benefit from this network effect and build a highly engaging
and loyal community of PERU coin holders working towards the impr...

PERUCOIN
MISSION
PeruCoin's main objective in the short term is to complete the first phase of our
Roadmap which includes the purchasing and acquisition of the factory which
will later be converted into a mining farm. In addition, we aim to enhance and
foster the widespread adoption of cryptocurrencies among the Peruvians.
Through the Mining farm, we also aim to become the state-of-the-art
generation crypto-mining platform leveraging the potentials of Blockchain
technology. We intend to bring great financial returns for our investors, PERU
token holders, and participating merchants while also delivering amazing value
propositions to the Peruvians community.
VISION
PeruCoin's vision is to promote the knowledge about cryptocurrencies to the
Peruvian population through guided visits to a factory where they can
appreciate the technicalities and operations of the mining machines in action
and through conferences. We plan to achieve this by educating and increasing
the aware...