Thursday, April 5, 2018

Pecunio

Democratising Blockchain Based Investment with Pecunio


Pecunio is a decentralized investment platform designed to facilitate the easy saving and spending of crypto assets. The USP lies in its core features which includes cryptocurrency card, free digital currency exchange and expert consulting services for the mediocre non-tech-savvy individual. The aim and objective behind founding Pecuino is to provide a stimulating cryptocurrency market to the public where everyone is advocated to participate in blockchain adoption and democratizing ownership of cryptocurrencies.
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UNIQUE SELLING PROPOSITION
Our unique selling proposition lies in the funds that we have invested so far. We have adopted the method of tokenizing AC & VC which leverages the performance of the said funds in relation to investing it in regular cryptocurrencies. Our second feature which is the cryptocurrency card is a multi-asset prepaid debit card, helps with the exchange of tokens with fiat currencies minus the exchange fees. This makes it easy for the user to manage assets on the Pecuino platform charging the card with Bitcoins like Ethereum, Litecoin, Dash, Ripple etc to name a few.
Their tokens all consist of ERC-20 standard and based on Ethereum, which means that it is highly transparent and secure. Also, the company’s PCO tokens are generated from three verticals- namely the management, the performance, and the ICO fees. Their ecosystem is designed in such a way that it is highly customer centric providing maximum ease of use.
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WHY BLOCKCHAIN FUND MANAGEMENT
The primary reason for adapting Blockchain fund management is the amount of transparency and integrity of data it provides. For a high risk involvement industry like Fintech, Blockchain has come up with transformative changes in record keeping, logistics, law, identity management, securities settlement, application development and many more. Blockchain also renders to the elimination of Middlemen acting as third party who try to establish trust in the system.
TECHNOLOGY
The programming language Ethereum Virtual Machine (EVM), will be used to support the Coding and customizing work done in Solidity. The Pecuino wallet is Written in JavaScript, apart from other Bitcore framework. They also ensure that the required speed is met by integrating hardware-friendly programming language. Apart from this, PCO asset contract collects 2-6% yearly management fees, apart from the performance fees which will vary depending on the fun offering.
The application aspects are also very simple for the user standpoint. They have a basic sign up procedure using their email address, post which, the user’s wallet is integrated and they are redirected to the user dashboard.
TOKEN SALE PROCEDURE - PROJECT FUNDING
The money received via token sale will directly be contributed to funding the project. The Exchange Rate of 1ETH (or equivalent ) = 200 PCO and BTC, ETH, XRP and LTC are accepted for the purchase of PCO Tokens. The token sale starts on 1st of February 2018.
They will be releasing 40 million Pecunio tokens (PCO). Their crowdsale will be held in a confidential manner, but personal invitation will be sent to the one’s who have pre-registered.
CONCLUSION
Their team provides a unique combination of elaborate business experience, software engineering skills, global perspective into business and a positive attitude to the whole ecosystem. Since the launch of their first product PCC, they have been on the path of intense growth and success which has reflected in Pecunio’s business model.
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