NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

PeruCoin: A First of its Kind Cryptocurrency from Peru

NewsBTC
NewsBTC
6 years ago
3 mins read
perucoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The overall adoption rate of cryptocurrency across the world has been impressive in the past couple of years. But all is not great as some countries like Peru continue to suffer from a rather low adoption rate, as less as 0.7%. There can be numerous reasons for such dismal performance so far, starting from lack of access to crypto-markets to sheer ignorance about this new-age economy. However, things are not all lost, as a bunch of experts from Bits2U are planning to change that, starting with the launch of PeruCoin.

As its name suggests, the PeruCoin is designed to meet the needs and requirements of Peruvians, and it also aims to create the much-needed awareness about cryptocurrencies, their underlying blockchain technology and the benefits associated with this new decade-old technological breakthrough. It will also encourage them to strengthen and diversify their finances by considering investments in crypto-economy. Further, the creators of PeruCoin also have plans to set up cryptocurrency mining farms across the country to put Peru on the world fintech map. These mining farms will also become a source of revenue and employment for locals, who will be trained in the technical aspects of crypto-mining.

Helping the Platform Help the Masses

In order to implement its big plans and build a strong community around it, PeruCoin has decided to opt for an ICO route. The crowdsale will give interested investors an opportunity to become part of a game-changing project in South America. The project, promoted by the founders of country’s well-known crypto platform, Bits2U, will be fueled by its namesake token – Perucoin (PERU).

PERU is an ERC20 compliant token on Ethereum Network. With a limited supply of 2 million tokens, the token main sale (ICO) is set to take place from February until April 2019. Each PERU has a fixed value of US$ 10, and the main ICO will have 500,000 units for sale. However, early adopters can take advantage of the early ICO sale to secure the tokens at a discounted rate of $6 until December 2018. Soon after, the platform will hold a month-long token presale, giving the last shot for participants to purchase PERU at $8.

The new cryptocurrency will be available across several exchanges and people can purchase it with a range of payment options. During the token sale, participants in the campaign can purchase PERU with various altcoins, BTC and fiat currency. The payment channels have been made available on the website.

Other Services Available

Apart from offering the tokens for investment, PeruCoin platform will be offering non-banking asset management solutions. Similarly, trading services, crypto-advisory, and alternative financial strategies services will also be available. Furthermore, the funds raised will facilitate the development of the mining farm in Peru. The mining farm is set to accommodate over 2000 mining machines. These farms will also be open for educational tours so that the local community can visit, understand and participate in the operation, first-hand.

Similarly, there will be 244,000 PERU available as a bonus for participants joining the affiliate program. Through the affiliates, PeruCoin platform is giving its users incentives to promote the coins while generating revenue. Moreover, the affiliates will be increasing awareness about PeruCoin hence propel the company’s goal further. PeruCoin has a hard cap of $10,000,000 while its soft cap is set at 5,000,000 USD.

As a part of their comprehensive roadmap, the project also has a token buyback program in place, which will be supported by the cryptocurrencies mined by PeruCoin’s mining farms. The platform will utilize about 30% of the mining revenues to purchase its native tokens from the crypto-market. The buyback program is designed to throttle the supply of tokens, and drive its demand upwards, which will further increase the token’s value.

With the token offering in place, the PeruCoin is also working towards supporting the token exchange over Bancor Network.

More information about the platform is available at https://perucoin.com.pe/

Image: Pixabay
Tweet123Share382ShareSend
NewsBTC
NewsBTC

NewsBTC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Jemlit vs Mystery Box World: Кой е “царят” на мистериозните кутии?

Мистериозните кутии превърнаха тръпката от изненадата във форма на онлайн шопинг, която комбинира хазартен адреналин и реални награди. От десетки...

Nikolay Aleksiev 1 week ago
SpacePay Takes the Lead

Best Crypto Presale in 2025: SpacePay Takes the Lead

Most crypto projects promise big changes but deliver little substance. SpacePay takes a different approach by solving real problems that...

ericdunne519 1 week ago
SpacePay Is Solving the One Problem That Held Crypto Back for Years

SpacePay Is Solving the One Problem That Held Crypto Back for Years: Presale Is On

For a long time, crypto payments have been hard to use. They were supposed to be quick and easy, but...

ericdunne519 1 week ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Why Smart Crypto Money is Backing SpacePay's $1.1M Presale Run

Why Smart Crypto Money is Backing SpacePay’s $1.1M Presale Run

ericdunne519 2 days ago
青色のプレゼントボックスの上にあるBTC

Bitunixボーナスキャンペーン開催中|最大710ドルの獲得手順

rinsuzuki 6 days ago
Why SpacePay Is Tipped to Be the Favorite Crypto Coin of 2025

Why SpacePay Is Tipped to Be the Favorite Crypto Coin of 2025

ericdunne519 6 days ago

Premium Sponsors

Press Releases

  • Dự Đoán Giá Dogecoin, Pepe, SPX6900 Cuối Năm 2025...

    14 minutes ago
  • Matrixport Establishes Strategy XAUm Reserve, Remains...

    46 minutes ago
  • MEXC DEX+ Super Fest Season 5 Launches with a 200,000 USDT...

    59 minutes ago
  • Bitget Burns 30M BGB Worth $138 Million for Q2 2025

    2 hours ago
  • Ripple XRP Investors Making $10,9700 Per Day with This...

    7 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.