Perper

Project

This project is powered by scientific work "Forecasting macroeconomic effects of stablecoin adoption: A Bayesian approach" by Perper Team, which analyzes the effect of stablecoin adoption on key macroeconomic factors in Montenegro. The main explanation for the adoption of stablecoins is their one-to-one peg to various currencies and commodities. Previous studies have relied on the relationships among cryptocurrencies and thus could not disentangle the country-level macroeconomic effects of stablecoins from the effects of other cryptocurrencies. Using data from January 2006 to December 2019, we decompose the correlation between cryptocurrencies and their effects on the economy due to (a) shocks to stablecoins and (b) shocks to Bitcoin. Contrary to assumptions, stablecoins do not maintain their peg in “crash times” but do promote economic growth. Bitcoin's volatility deanchors investor expectations, disrupts markets, and destabilizes key macroeconomic factors. Our novel findings indicate that stablecoin adoption should not be based only on a one-to-one assumption and reveal the mechanism of key gaps by a prudential authority.
Click here for full study.

How does Perper Application work

It’s PEGGED One for One EURO.
The substituted EUROS are held in Reserve.
This guarantees that each Perper is backed by EURO.
Perper is founded by Upbeathub in Montenegro, Europe in 2019.
Coded and supported by Ravencoin.World Blockchain Lab and Upbeathub team.
To get Perper you send EURO to the Our Company bank account, exchange your credit card balance into Perper, exchange your Crypto coins into Perper and reverse.
You will get on your Perper wallet Equivalent amount of Perper stable coins. But, what’s the point?
Perper is Tokenizing EUROS and Putting them on the Blockchain.
This makes EUROS Easier to Transfer as they can be moved anywhere in the world INSTANTLY.
EURO on the other side moves relatively slowly.
Download Perper Wallet Application, Register and Verify your account.
Get Unique User ID (easy recognized by people), send Perper to your family and friends, employees, Plummer..., via QR code if they’re with you, or via User ID where ever they are.
Pay and Get paid on e-Commerce, in Supermarkets, Coffee shops, Restaurants, Various shops, buy Air Tickets, Pay for Taxi, ect. ect.
And keep on your mind that all data is stores on the Blockchain and cannot reversed. The security is absolute.
The Perper Wallet Application will also feature a number of exciting and innovative functionalities that are currently being developed and will be added to the app as soon as possible. These functionalities include an NFT Marketplace, which will allow users to buy, sell, and trade unique digital assets on the blockchain, an AI GPT-3 Chat, which will enable users to access cutting-edge natural language processing technology for a variety of tasks such as language translation and text summarization, as well as a Translator, which will make it easy for users to communicate with others around the world, regardless of language barriers. These additional features will provide users with even more ways to engage with the Perper ecosystem and further enhance the utility and convenience of the application. In addition to the existing features, the Perper team is constantly working to improve the user experience and add new functionalities to the wallet.

Long story short

The Perper project has the goal of digitally transforming Montenegro and making it ready for the complete adoption of blockchain and AI technologies. This could involve a number of different initiatives, such as developing and implementing blockchain- based solutions for various industries, educating the public and businesses about the benefits and potential uses of blockchain technology, and working with government and regulatory bodies to create a supportive environment for the adoption of blockchain technology, IoT (Internet of Things), and AI (artificial intelligence). The Perper project aims to play a foundational role in the adoption and development of blockchain and AI technologies in Montenegro, and potentially influence the direction of the country's future blockchain economy and financial system.

Revenue plan

The Perper project is generating revenue from a number of sources:

Fees for stablecoin transfers - far lower than credit card payment processors fees
Fees for the use of banners on the wallet
Fees from the Future Programmable conditional payments
Fees from the Crypto Exchange Module
Fees from the Metaverse Spots
Fees from using AI services
Fees from the future Metaverse Land Sales and from it's Future Ecosystem

Innovation time allowance to demonstrate other functionality. The Perper team is focused on creating a sustainable business model that leverages a range of innovative technologies and services.

Airdrop

The citizens of Montenegro will get 20% of the whole emission of Perper Utility Tokens - Perun, Minted by Perper Team.

Perun will give certain rights to Token owners.

• Whitepaper to be Released Soon

Total Supply of Perper Utility Tokens - Perun is 21 000 000 Tokens.

Total Supply of Tokens Reserved for Airdrop is 4 200 000.

Requirements for Airdrop:

Download Perper Application and do KYC

Android App Download link:

https://play.google.com/store/apps/details?id=net.perper

iOS App Download link:

Under Verification by Apple

Windows App Download link:

Soon…

Limitations:

Citizens of Montenegro under Age of 12

Citizens of other countries

Citizens who did not Install Perper Application within 2 Years from March 31. 2023 – Project Official Launch Date

Team

Advisor Team
PhD Andrej Mihailovic
Advisor & Researcher Consultant
Researcher and Lecturer Kings College London
LinkedIn
PhD Martin Bojaj
Macroeconomics
ResearchGate
PhD Milica Muhadinovic
Economics
LinkedIn
PhD Candidate Andrej Bracanovic
Legal advice
LinkedIn
MSc Mladen Radulovic
Economics
LinkedIn
Igor Milosevic
Advisor and Perper Project Co-Founder
LinkedIn
Sanda Rakocevic
Advisor and Perper Project Co-Founder
Twitter
Ivan Jolicic
Perper Project Co-Founder
LinkedIn