What is Pungo?
Pungo token is the digital token that Peer2group is creating to build a digital economy within our products and its backed by revenue from our different launched products. As of today Peer2.cash fiat gateway, Peer2.krd crypto card loading service and Pungo.app Light Wallet have been launched and part of the revenue they generate accumulates into a Public Buyback Fund that guarantees that Pungo Tokens have real value backing them. The Buy back fund is controlled by Inlea Foundation through its Opening Chain project to guarantee full transparency of the Buyback Fund.
The aim of the Pungo Token is to develop a digital in-app economy based on company products value. The approach of developing a token based economy on company products will be unstoppable upcoming years as private companies discover the ability to create “private currencies” based on their product value. Pungo Token is pioneering on that and is also backing its value with real revenue from our products, escrowed by a 3rd party Foundation.
Token Utility/Function:
- Users get better rates on our Fiat gateways by using their PGT.
- Paying commisions and affiliations to partners and collaborators (in PGT).
- Developing a community by creating a participation layer (vote coins), gadget shop only payable with PGT.
- Unlocking features and early bird access will be first made avaiable to PGT holders.