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Peer Mountain – ICO Detailed Information


ICO Peer Mountain
Peer Mountain Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.
Start December 2, 2018
End December 31, 2018
Rating 3.9
Status
KYC Yes
Founded
Categories Finance
Whitepaper No
Discussion

Peer Mountain Overview

ICO description, Technical Details and Documents

Last year has brought a lot of changes to the world of cryptocurrencies. The prices started crashing as soon as the year had kicked off, investors lost trust and optimism in digital coins, and the SEC cracked down on ICOs, making them basically extinct. Or so everyone thought.

As the year progressed, additional token sale models emerged, but ICOs never fully went away. They are still alive and well to this day, and with the prices on their way to recovery, many more are starting to emerge once again. One such ICO is Peer Mountain ICO, which held its token sale in December 2018.

About Peer Mountain


Peer Mountain is a mobile-first distributed system of trust, which uses cryptographic protocols in order to allow institutions, as well as individuals, to create their personal trusted record. In other words, they allow the opportunity to encompass your digital identity, proof of activities, trust relationships, and more. The data is fully owned and controlled by system members, and they choose who should or shouldn't have access to it.

Meanwhile, all data remains hidden from third parties. This method has the potential to bring numerous benefits, such as real-time compliance and regulatory certainty for merchants. Meanwhile, trusted third parties actually get paid for facilitating trust.

The introduction of such a system came due to a massive string of high-profile data breaches witnessed in recent years. Each new data breach exposed personal information and highly-sensitive data of millions of people in the US, Europe, and pretty much any other region around the world. Peer Mountain believes that safeguarding identities is of utmost importance, which is why they started working on this project, which is to be fueled by their new PMTN coin.

Peer Mountain ICO Details


As mentioned, Peer Mountain developed PMTN token, which is the first enterprise commodity token. It was designed to power the company's ecosystem, and reward peers that prove to be the most reliable and trustworthy.

The token was designed to act as a utility, with a preICO sale starting on March 6th, 2018, and ending on December 2nd, 2018. That is when the actual ICO started, and it lasted from December 2nd to December 31st.

The token was being sold at a price of $0.0393, featuring Whitelist and KYC procedures. Further, with the ICO being based in the British Virgin Islands, it was decided that it will not be offered to US-based investors. The pre-ICO supply included 10 million PMTN, while the ICO itself offered 120.7 million units. The coin used for purchasing PMTN was Ethereum, and the ICO managed to raise around $815,000.

The ICO was more successful than expected, provided the state of the crypto market at the time. The project itself seems rather interesting and forward-looking, so it is hardly surprising that a lot of people got interested, and have been following its development ever since.

Of course, ICOs still remain quite a risky business, so it is always advisable that would-be investors carefully study each project that they might want to invest in. Read its whitepaper, and make sure that the project is legitimate, and not a scam. With the crypto prices surging once again, it is likely that the scammers might return too, which is why caution is always recommended.

Author: Ali Raza Article For: Crypto-Rating.com

Peer Mountain Milestones

* Crypto Rating accepts no liability for any errors in the Peer Mountain ICO information and Rating. For the most up-to-date information please visit the ICO's official website.

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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 60.4% 80 $16 879.16 3.83% 4.16% $324 421 208 164 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 63.2% 79 $1 272.05 8.13% 12.50% $155 665 223 455 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 95.2% 1 $0.999679 0% 0.05% $65 341 718 067 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 70% 65 $302.95 3.12% 14.10% $48 463 988 289 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 93.2% 1 $1.000195 0% 0% $43 280 361 678 USDC 7 days price change
6 Binance USD (BUSD) BUSD Binance USD predictions 96% 1 $1.000057 -0.04% -0.09% $22 371 551 683 BUSD 7 days price change
7 XRP (XRP) XRP XRP predictions 67.2% 66 $0.407823 5.57% 10.41% $20 509 425 885 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 58.8% 85 $0.107389 9.20% 37.69% $14 247 386 900 DOGE 7 days price change
9 Cardano (ADA) ADA Cardano predictions 59.2% 81 $0.316301 2.66% 2.01% $10 893 160 833 ADA 7 days price change
10 Lido stETH (STETH) STETH Lido stETH predictions 94.8% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
11 Polygon (MATIC) MATIC Polygon predictions 64% 72 $0.864716 4.41% 2.84% $7 552 705 597 MATIC 7 days price change
12 Polkadot (DOT) DOT Polkadot predictions 64.4% 67 $5.45 5.62% 3.60% $6 218 633 133 DOT 7 days price change
13 Litecoin (LTC) LTC Litecoin predictions 64.4% 74 $79.26 5.41% 13.17% $5 684 689 040 LTC 7 days price change
14 Dai (DAI) DAI Dai predictions 90.8% 1 $1.000829 0.06% 0.05% $5 648 589 387 DAI 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 68.4% 66 $0.053912 1.49% 7.13% $5 481 511 550 WTRX 7 days price change

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