ICO Pungo Token
Finance ICO List Category
ICO Pungo Token Description:
Pungo token is the digital token that Peer2group is creating to build a digital economy within our products and its backed by revenue from our different launched products. As of today Peer2.cash fiat gateway, Peer2.krd crypto card loading service and Pungo.app Light Wallet have been launched and part of the revenue they generate accumulates into a Public Buyback Fund that guarantees that Pungo Tokens have real value backing them.
The Buy back fund is controlled by Inlea Foundation through its Opening Chain project to guarantee full transparency of the Buyback Fund.
Pungo token is issued in a fixed, finite, noninflational amount by Blocktech Services LLC (from now on referred to as the Company) registered in Tbilisi, Georgia. Pungo is a 100% premined token. The premining happens a few days before the token sale. No other tokens will be issued after the creation event. Pungo token fuels a whole ecosystem of services and products that are already functional or in late phase of development.