What is Peer Network?

Peer Network is a blockchain-based social media platform that combines content creation, user engagement, and decentralized monetization. We utilize the Peer Token as a utility token within our ecosystem to enable access to various platform-specific features and incentives.

How do I join Peer Network?

To join Peer Network, you need to register as a user on our Peer platform. Once registered, you must complete Know Your Customer (KYC) verification and connect your bank account to participate in the ecosystem and earn Peer Tokens.
Participation in the reward system is contingent on your engagement with the platform, such as posting, liking, commenting, and referring other users.

Do I need to understand blockchain or cryptocurrency to use Peer Network?

While a basic understanding of blockchain and cryptocurrency may enhance your experience on Peer Network, it is not strictly necessary to use the platform. The Peer Network is designed to be user-friendly, allowing users to engage with its features and services without needing extensive technical knowledge.

What kind of content can I post on Peer Network?

On Peer Network, you can post a variety of content, including text posts, images, videos, and other media types. The platform encourages user engagement through likes, comments, and shares. Additionally, content creators can monetize their posts based on user interactions, such as receiving likes and comments, which can lead to earning Peer Tokens.
However, all content must comply with platform guidelines that prohibit hate speech, misinformation, fraud, and spam.

How many posts can I make per day?

You can make one free post per day on our platform. If you wish to make additional posts beyond this daily quota, you will need to use Peer Tokens, with each additional post costing 20 Tokens/2€.

Can I edit or delete my posts after publishing them?

Unfortunately, you can't.

What are Gems and how do I earn them?

Gems are the engagement metric used on the Peer Network platform. You can earn Gems through various user actions, including:
1. Liking a post: +5 Gems.
2. Disliking a post: -4 Gems (this action also costs Peer Tokens).
3. Commenting on a post: +3 Gems.
4. Viewing a post: +0.25 Gems.
These Gems are then converted daily into Peer Tokens based on the total amount of Gems earned across the platform. This system incentivizes active content creation and interaction among users.

How do daily interaction work? Are there limits?

Daily interactions on Peer Network are governed by specific limits and associated token fees. Users are encouraged to engage with the platform while respecting these limits. For example, you can make one free post per day, but additional posts will incur a cost in Peer Tokens.
Additionally, users must adhere to daily limits on token usage for actions such as liking and disliking content, which also have associated token penalties. The platform guidelines are designed to promote healthy engagement and prevent abusive use of features.

What types of content earn the most Gems?

The types of content that earn the most Gems on Peer Network are those that encourage user interaction. Specifically, you can earn the following Gems for different actions:
1. Liking a post: +5 Gems.
2. Commenting on a post: +3 Gems.
3. Viewing a post: +0.25 Gems.

Do I lose Gems if someone dislikes my content?

Yes, if someone dislikes your content, you will lose 4 Gems. Additionally, the user who dislikes your post will incur a cost in Peer Tokens. This mechanism is designed to encourage positive interactions and discourage negative feedback.

What happens if I want to withdraw my tokens?

If you want to withdraw your Peer Tokens, you must initiate a transfer to the Peer Liquidity Pool. The process involves the following steps:
1. You send your Peer Tokens to the liquidity pool.
2. The platform calculates the token value using a constant product formula.
3. The equivalent value in Bitcoin (BTC) is sent to the platform's internal wallet.
4. The BTC is then converted into fiat currency and transferred to your linked bank account.
Please note that you must have completed KYC verification and linked a bank account to be eligible for this cash-out process.

How you ensure my earnings are fair?

Our blockchain system tracks interactions immutably, letting you verify earnings in real-time as likes, comments, and shares convert to Gems and Peer Tokens.

What is the total supply of Peer Tokens?

The total projected supply of Peer Tokens is approximately 18,900,000 tokens. This includes 18,250,000 tokens that will be generated through the emission schedule and around 650,000 tokens that were pre-minted during the Alpha phase. The supply is algorithmically capped and distributed exclusively based on user engagement on the Peer Network platform.

What can I do with my Peer Tokens?

With your Peer Tokens, you can access a variety of services and features within the Peer Network ecosystem, including:
1. Content Creation & Posting : You can make additional posts beyond the free daily quota by paying 20 Peer Tokens per post.
2. User Interactions : Engage with content by liking and commenting, which may incur micro-fees in Peer Tokens.
3. Advertising Services : Use Peer Tokens to promote posts or run ad campaigns through the in-app advertising interface.
4. Marketplace Participation : Purchase physical or digital products and book services offered by other users in the integrated marketplace.
5. Premium Features : Unlock access to exclusive features such as NFT-based content, cosmetic upgrades, and extended platform functionalities.
6. Referral Programs : Earn rewards in Peer Tokens for referring new users to the platform.
7. Access to Monetization Tools : Participate in the creator economy by earning tokens based on user interactions with your content.
8. Cash-out Options : Convert your Peer Tokens into Bitcoin and subsequently into fiat currency through the liquidity pool.
These functionalities ensure that Peer Tokens are utilized for engaging with the platform's services rather than for speculative purposes.

What is the Peer Network liquidity pool?

The Peer Network liquidity pool is a dedicated pool that facilitates the conversion of Peer Tokens into Bitcoin (BTC) and subsequently into fiat currency.

How do I exchange my Peer Tokens for Euro?

To exchange your Peer Tokens for Euro, you need to follow these steps:
1. Initiate a Transfer : Start by sending your Peer Tokens to the Peer Liquidity Pool.
2. Token Valuation : The platform will calculate the value of your Peer Tokens using a constant product formula based on the liquidity pool's BTC reserves.
3. BTC Conversion : Once the token value is determined, the equivalent amount in Bitcoin (BTC) will be sent to the Peer Network's internal wallet.
4. Fiat Conversion : The BTC will then be converted into Euro (or your desired fiat currency) by the Peer Network.
5. Transfer to Bank Account : Finally, the converted Euro will be transferred to your linked bank account.
Please ensure that you have completed KYC verification and linked a bank account to be eligible for this cash-out process.

Why does the token price change?

The Peer Token price changes due to its pairing with BTC in a liquidity pool. The token value is determined through this liquidity pool, which is owned and operated by the issuer. Additionally, token burning mechanisms and transaction fees contribute to long-term value stabilization.

Are there fees for using the liquidity pool?

Yes, transaction fees contribute to the long-term value stabilization of the Peer Token.

1. What happens if a creator's content goes viral and earns an extraordinarily high number of Gems in a single day? Is there a cap on how many tokens one person can earn?

There is no cap on how many Gems a user can earn. However, the number of Peer Tokens distributed daily is fixed at 5,000 (declining 10% annually). Token distribution is based on proportional contribution. So, if a user earns significantly more Gems, their share of the daily token pool increases accordingly. The system remains proportional, not capped per user​.

2. What measures are in place to prevent bot networks that could artificially generate engagement and farm tokens?

To combat manipulation:
1. Peer Network uses KYC verification, reducing the risk of bots and fake accounts.
2. Engagement actions have costs (e.g., 5 Tokens per dislike), discouraging spam.
3. Dislike abuse and mass-posting are discouraged through token penalties and post limits (one post/day for free, additional posts cost tokens)​.

3. If token value decreases significantly due to many creators cashing out simultaneously, what safeguards exist to protect new users who've just earned tokens?

The liquidity pool works on a Constant Product Formula, so large withdrawals lower token value temporarily. However, Peer Network balances this by:
1. Burning tokens when users pay for ads or features.
2. Allowing advertisers to buy and burn tokens, increasing scarcity.
3. Maintaining a 10% annual token reduction, creating long-term deflationary pressure.
This design offers supply-side balancing to stabilize value over time​.

4. How will Peer Network balance content moderation with decentralization principles? Who ultimately decides what content violates guidelines?

Peer Network enforces:
1. Strict community guidelines, especially in Telegram and social channels.
2. Plans to include moderators and build safe spaces free from misinformation and market manipulation.

Content moderation appears to be centralized with human oversight, though decentralized tooling might evolve over time​.

5. What happens to the platform's token economy if growth stagnates and new users/advertisers stop joining?

In such a scenario:
1. Token values may decline due to reduced demand.
2. The platform’s BTC reserves and liquidity pool would buffer short-term exits.
3. The company’s financial strategy includes diversified asset allocation and contingency loans, ensuring continued operations during downturns.

Our focus on sustainable revenue (e.g., marketplace fees) helps decouple growth from token speculation​.

6. Does the 10% annual reduction in token distribution unfairly advantage early adopters at the expense of users who join years later?

Yes, early users do receive more tokens per unit of engagement due to higher daily token emissions. However:
1. The system remains proportional—later users still earn based on relative activity.
2. Token scarcity over time may increase long-term token value, offering latecomers potential upside.

This creates an incentive to join early, but not an exclusionary advantage​.

7. How will Peer Network prevent the formation of "engagement cartels" where groups of users coordinate to boost each other's content artificially?

To safeguards such incidents Peer include following checks:
1. KYC checks, making fake account networks difficult.
2. Cost structures for engagement (dislikes, multiple posts, etc.).
3. Plans for detailed performance dashboards—this transparency could expose suspicious activity patterns.

Further anti-collusion mechanics may be developed as the platform scales​.

8. If a user accumulates a large number of tokens but Peer Network shuts down or pivots its business model, what guarantees do users have regarding the value of their tokens?

There are no explicit guarantees about token value retention in the event of a shutdown or pivot. However:
1. PeerTokens are paired with BTC in a liquidity pool, offering exit liquidity as long as the platform operates.
2. Tokens must be burned for services, reducing speculative risk but limiting portability.

This design encourages utility over speculation, but users are exposed to platform risk like any app-specific token system​.