8/15/2022, 12:46:03 PM

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P2P is on the decline this week.

The price of P2P has fallen by 0.15% in the past 7 days. The price declined by 1.75% in the last 24 hours. In just the past hour, the price shrunk by 0.16%. The current price is $0.031089 per P2P. P2P is 76.09% below the all time high of $0.13.

The current circulating supply is 0 P2P.


What Is P2P Cash (P2P)?

P2P Cash is a smart contract-based decentralized platform designed for conducting peer-to-peer fund transfers. The platform aims to empower people and improve their quality of life by sending funds to anyone across the globe without any intermediary financial institution. On the P2P platform, users can send and receive funds securely. 

Running on the Ethereumblockchain, the P2P ecosystem aims to record the transaction performed on the platform. For this purpose, whenever an individual opts for transferring funds through the P2P platform, the sender generates a one-time use code that can be used to validate the transaction while sending the P2P tokens to the recipient. The platform also seeks to be an integral part of the business model of the lane merchants and franchises. 

According to the whitepaper, the platform aims to offer the following features to the users:

  • Speedier transfer than conventional traditional fund transfers.

  • Secure and quick transfers with confirmed mining of blocks in the Ethereum chain.

  • Accepting various coins in wallets for all desktop and mobile operating systems. 

P2P is the native token used to perform fund transfer transactions on the platform. The token follows the standards of the ERC-20 asset. Being an Ethereum chain token, the P2P token aims to be a reliable and consolidated asset that supports the project's development. 

History of P2P Cash (P2P)

At the end of November 2020, the first trial version of the P2P app was launched. Later, the year 2021 was dedicated to consolidating the project and authorizing operators worldwide.

A team of six members contributed to the launch and growth of the P2P platform. The members are Misha, the developer; Runa, the lawyer and advisor; Xabi, the auditor and analyst; Mat Junior, the daily operation manager; Jewel, the marketing and advertising manager; and Leo, the security head. The platform was launched with an initial supply of 250 million P2P tokens for decentralized exchange, out of which two hundred million are burnt.

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