Peertol is a revolutionary startup offering a peer-to-peer network, utilizing blockchain technology. The company's slogan, "Peertol is a peer-to-peer network, built on the blockchain. That pays you to use it," captures its unique value proposition. Peertol provides users with a secure browser, unlimited cloud storage, and a completely ad-free experience, all free of charge. The platform introduces a fresh take on the internet, aiming to revolutionize the way we interact with online content.
Peertol introduces a novel cryptocurrency, PeerCoin, which is awarded to network participants based on the amount of data storage they allocate to the Peertol network, the duration of that allocation, and the network's total size. Unlike traditional cryptocurrency mining, Peertol's "storers" contribute value by storing data utilized by the peer-to-peer internet and are rewarded with PeerCoin. This innovative approach sets Peertol apart in the cryptocurrency space. The company was founded in 2021 and is currently based in the United States.
The latest milestone for Peertol was a $10.00M Seed Round investment on 01 September 2021, with Edge Case Capital Partners participating as the investors. This funding will likely fuel the company's expansion and further development of its peer-to-peer network and cryptocurrency offerings. Peertol's disruptive approach to internet and cryptocurrency presents an intriguing opportunity for investors seeking innovative and forward-thinking startups in the Blockchain and Information Technology industries.
Funding Stage | Amount | No. Investors | Investors | Date |
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Seed Round | $10.00M | 1 | Edge Case Capital Partners | 01 Sep 2021 |
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