WHAT IS PERUCOIN?

3 min readOct 9, 2018

The interest in Blockchain Technology has been increasing since the idea was coined in 2008. We have seen the booming of Blockchain Technology and wide cryptocurrency adoption last year, when Bitcoin reached its ATH of almost $20k last December. Some countries embraced it wholeheartedly and created their own cryptocurrency, while others just watch and ignored it totally.

Peru for one, unfortunately, seems to be far behind its LATAM peers with reported adoption rates as low as 0.7%. This lack of awareness or confidence creates a unique opportunity for Bits2U, the developer of PeruCoin.

Perucoin is a project initiated by the company Bits2u, which aims to expand knowledge about cryptocurrencies in Peru and will focus on:

Ø Providing knowledge about cryptocurrencies to the Peruvian public

Ø Encouraging the public to invest in cryptocurrencies

Ø Creating one of the biggest mining farms in Peru

Ø Teaching visitors to the mining farm, the subtleties about how the mining machines and the overall crypto ecosystem works

PeruCoin’s main short-term objective is the purchasing and acquisition of the factory which will later be converted into a mining farm.

We developed PeruCoin for mainstream adoption in Peru and will provide an all-in-one solution for crypto-enthusiasts and investors to ensure value maximization for our clients.

The creation of Perucoin is based on the following key value points:

> Bringing awareness about crypto in general and PeruCoin in particular.

> Guided visits to a crypto mining farm will have a strong PR appeal and will help Peruvians understand the technology and infrastructure behind the enterprise.

> A physical location will help to improve perception of authenticity and drive adoption.

> Oﬀering non-banking asset management solutions and alternative financing strategies, outside of banking establishments and traditional financial systems to our users and members.

> Also offer crypto-advisory and trading services.

> On-boarding merchants to increase acceptability of crypto as a means for commerce.

In addition, PeruCoin aim to enhance and foster the widespread adoption of cryptocurrencies among the Peruvians. Through the Mining farm, we also aim to become the state-of-the-art generation crypto-mining platform leveraging the potentials of Blockchain technology.

We intend to bring great financial returns for our investors, PERU token holders, and participating merchants while also delivering amazing value propositions to the Peruvians community.