Peer Mountain is a decentralized data storage system. Users are able to store, manage and validate their private data as well as to share it with other users for personal or professional purposes. Peer Mountain uses an attestation engine that provides every peer in the system with a micropayment in PMTN every time they provide validation for another Peer Mountain entity.
The PMTN token is an Ethereum-based (ER-20) cryptocurrency. It can be used to pay for invitations to the Peer Mountain ecosystem and for establishing trust in commercial transactions. Service providers make micropayments in PMTN every time they use Peer Mountain for identity verification and attestation engines receive PMTN for the use of their attestations.
Peer Mountain ICO will begin on December 02, 2018. The ICO token supply represents 40% of the total token supply, so there is a total of 133,200,000 PMTN tokens available, for 0,00034282 ETH each. The ICO funding cap is 39,665 ETH and is expected to end on December 31, 2018 or when the funding cap is reached.
Token Reserve Split (60%):
Peer Mountain ICO features a bounty campaign as well as the following bonus structure, and the token will not be mineable.
Message from Peer Mountain:
"Due to adverse market conditions, Peer Mountain has taken the decision to postpone the public element of our sale. We believe this to be the best decision for the company and token participants. In the interim, the team remains fully focused on factors within our influence and are dedicated to bringing Peer Mountain to production. We will continue to develop the product and will focus on three core areas during this period.
We will continue to update our supporters and community as we hit milestones in these areas and will share information shortly on these."
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