RECAP AMA IDCRYPTO X P2PGO

Speaker : Benjamin Leff (Bussines Develoment Director)
Nov, 19th 2020 || 20:00 PM ( GMT+7 )

There is 3 session for AMA

  1. Introduction
  2. Forward best question twitter
  3. Free asking

SESSION 1 INTRODUCTION

IDCRYPTO:
For the first session I want you to introduce yourself and your background.
And please introduce P2PGO to IDCRYPTO Community

Benjamin Leff :
Hello everyone, I am Benjamin Leff, the Business Development Director of P2PGO Tech. company, Singapore. I have many years of experience in finance and business, blockchain startup and crypto currencies since 2015. I worked for many blockchain companies, including business development for Kraken, a top global crypto exchange. Thank you very much for joining us today, it is community members like you that keep us inspired to work so hard. We are honored to present P2PGO today.

Our mission is to provide truly decentralized finance on a global scale. We are accomplishing this vision region-by-region, starting in Southeast Asia.

We have accomplished a tremendous amount of successes this year, despite the difficult COVID pandemic. We launched on global markets, listed on a prominent Korean Exchange, Foblegate, advanced and updated our lending portal and added more listings on major exchanges, such as VCC.

Our crypto lending portal is up and running, you can visit portal.p2pgo.io/login to create an account and see our program in action!

Finally, we will initiate our AI Reputation Score and Credit System to assess and rate escrow services for money lenders and money borrowers on P2PGO’s blockchain. This is a tremendous accomplishment as no other company is utilizing this technology to assign reputation and credit to users on the platform. This creates a stronger, more robust environment for everyone to participate in more safely!

We will be expanding internationally as global markets begin to open again, with the goal of establishing the P2PGO ecosystem throughout all of Asia, then Europe and the United States. P2PGO follows all regulations and we do this to ensure the highest safety any security is used by our team for our clients.

SESSION 2 FORWARD BEST QUESTION FROM TWITTER

IDCRYPTO:

  1. From @Kenas53057442
    How are you planning to promote your project in different countries, wherein English is not spoken well? Do you have a local communities for them to better understand your project?

Benjamin Leff:
We will have local ambassadors in each country to help organize meetings and work with our team to spread our message and our project throughout the world.

Like so many projects, it takes a passionate community leader to be an ambassador and teach their community the benefits of using our platform.

We will all learn together!

IDCRYPTO:

  1. From @TicoEdgardo
    “TOKEN BURN” is BENEFECIAL for any projects, in able to CONTROL THE NUMBER OF TOKEN CIRCULATION and TO PROVIDE GREATER INCENTIVES TO INVESTORS.

Does your GREAT PROJECT have plan about TOKEN BURN?

Benjamin Leff:
Token burns do help projects that have minted too many tokens and have low volume. P2PG tokens are designed to be consumed on the network in a number of different ways, from money remittance to lending. P2PG will also be a staked token so burning them is not a plan at the moment.
 

If we find that there need to be adjustments in token metrics and that a burn is the best plan of action for our community, then we will develop a strategy and share it with our community. Token burns should be done after extensive reviews of token metrics have been performed, as this action is irreversible and should not be taken lightly. 

IDCRYPTO:

  1. From @Kinami1313
    We know Ethereum blockchain currently has many scalability issues. What’s the main reason behind $P2PG choosing Ethereum blockchain?

Benjamin Leff:
As P2PGO has been in business for several years, the Ethereum blockchain has always been the dominant one in building out decentralized applications. As mentioned, scalability has become an issue and Ethereum 2.0 will hopefully fix that. However, P2PGO is developing our own blockchain so that we do not have to rely on Ethereum or any other network that has heavy fees and transaction times. The P2PGO blockchain will be extremely fast and secure, and of course will utilize the P2PG token.

IDCRYPTO:
great answer

  1. From @Itachicvc
    In Blockchain Industry  there are 3 core issues: security, scalability and interoperability which will bring competitive advantages to blockchain projects. So, how does P2PGO Project  will solve these problem?

Benjamin Leff:
As P2PGO has been in business for several years, the Ethereum blockchain has always been the dominant one in building out decentralized applications. As mentioned, scalability has become an issue and Ethereum 2.0 will hopefully fix that. However, P2PGO is developing our own blockchain so that we do not have to rely on Ethereum or any other network that has heavy fees and transaction times. The P2PGO blockchain will be extremely fast and secure, and of course will utilize the P2PG token.

IDCRYPTO:
how about security, scalability and interoperability which will bring competitive advantages to blockchain projects. So, how does P2PGO Project  will solve these problem?

Benjamin Leff:
Many people will agree that those issues are concerns, however I would say that blockchain itself is not a security problem. Most of the of money stolen has come from hackers and scammers, not from people performing a 51% attack on a blockchain. With that said, I believe blockchain is the answer to security. Actually, I believe blockchain is the answer to all three of these concerns addressed. 

Blockchain is designed to scale, especially on a decentralized network. This is the beauty of blockchain, it can be adapted and used for so many purposes and for companies of any size. Blockchain itself, as we have seen in the past, can have a hard fork if the community decides token fundamentals need to change, and that upgrades like SegWit for BTC have made transactions faster and more secure. By using even more advanced technology, P2PGO will remain on the cutting edge, always ensuring that our customers remain safe, our product remains secure and scalable, and that our blockchain can communicate with others. This is done through the power of smart contracts as we have seen with the booming DeFi yield farming. Sophisticated smart contracts can be created to address the issue of interoperability, even bitcoin can be wrapped into ethereum and converted into BTC!

IDCRYPTO:
I totally agree with you, hacking is not on the blockchain, but the company that holds our funds is like a market exchange can be hack

Benjamin Leff:
Exactly correct, no blockchain has ever been hacked, just taken over with a 51% attack. The most famous is ETC.

IDCRYPTO:

  1. From @mylhe
    International money remittance and capital flows are fast, cheap and secure via P2PGO platform. Can you tell us some of the real world applications of P2PGo Capital?  How does it applied to some international money remittance? Do you have a physical office and branches?

Benjamin Leff:
As you rightly pointed out, international money remittance is made cheap and secure on the P2PGO platform. The company does have an office in Singapore and Vietnam. P2PGO allows access to capital by using our decentralized ecosystem and AI rating/credit scoring to ensure that platform users are able to send a receive money in the form of P2PG tokens around the world quickly. 

International money remittance is a long process as it requires licenses from every country. We are extremely proud to have these licenses in several countries in Southeast Asia and will be obtaining additional licenses as we expand globally to make secure and cheap international money remittance a reality.

This is our largest use-case and we are proud to begin in Southeast Asia with so many amazing crypto users.

SESSION 3 FREE ASKING

@kartika84:
I think NFT use cases in the crypto space are on the rise for blockchain projects ,,,, So how does $P2PG think about the evolution of NFTs in the crypto space & in the real world? And what benefits do you get? @Benl324

Benjamin Leff :
NFTs are absolutely on the rise in crypto and something I personally enjoy as I collect many of them from artists!

As technology progresses, people will be able to use real-world items for collateral and mint the NFT to provide liquidity. This will help people take care of their needs without giving up their comforts.

@bimasurya88:
can you please tell me what is the strongest milestone of this project ?? so that we believe that the project is long term ???

Benjamin Leff :
I believe our Bee Savings Program is the strongest milestone yet, as it is operational. You can earn three different levels of interest when staking a certain number of tokens. We want to give back to our community and this is one way of doing it as interest is earned daily!

@kartika84:
On average, all projects always assume long-term benefits ,,,, Here I want to ask what benefits I can get in short ,,,, if I join your project or have $P2PG tokens !!! @Benl324

Benjamin Leff :
You can get interest from short-term loans! There is nothing better than getting money quickly and steadily! Our lending platform allows for that!

@kartika84:
For a project development first of all main priority is having enough fund. Does #P2PGO team financially capable to run this project? Do you have enough fund for it’s developement Can you tell us that how project generate the profit? @Benl324

Benjamin Leff :
P2PGO is well-funded, and has been developing more products in the DeFi space than almost any others i know.
We are taking our time launching a product because when we launch, we want it to be perfect.

Profit will be generated off of network fees for sending a transaction.

@Nickkiii:
You launched a special campaign “P2PGO: learning, playing & earning $1000 campaign”, how can we join what are the requirements?

Benjamin Leff :
Visit p2pgotalk to learn more about our reward programs!

Benjamin Leff :
Visit here to learn more about our reward programs!

@kartika84:
The $P2PG token currently depends on the Ethereum platform !!!! But ,,, Ethereum Blockchain currently has a lot of scalability issues! Then ,,, What are the main reasons behind choosing Ethereum over other blockchains? @Benl324

Benjamin Leff :
Ethereum was not this busy when we first began development. Thankfully, we are developing our own blockchain to reduce costs and transaction times.

MORE DETAIL ABOUT P2PGO

• Website: https://p2pgo.io/ 
• Medium: https://medium.com/@p2pgo
• Facebook: https://web.facebook.com/P2PGo/ 
• Twitter: https://twitter.com/P2pgoCapital?s=09 
• YouTube: https://www.youtube.com/channel/UCGZqUEzgnoMIV6kVmOTcXfQ 
• Telegram Channel: https://t.me/p2pgocapital 
• Telegram Group (for Vietnamese and global): https://t.me/p2pgotalk
• Kakao talk (for Korean communities): https://open.kakao.com/o/gW389gic

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