Peer Inc is a technology company that focuses on consumer electronics, software, and services for the augmented reality metaverse.
Not only does aim to shatter the status quo by innovating and driving mass adoption like Bill Gates who brought a PC to every desktop, but Peer also wants to deliver elegant, ease of use which is a relentless focus on the user like what Steve Jobs did with his well-known brand.
What Is Peer?
Founded in 2021 by Tony Tran, Peer has been a Web3 social network and metaverse ecosystem, built on top of its own high throughput blockchain that is designed to be even faster than Solana and Avalanche.
The internet has been developed for over the past 30 years and Web3 now is its next generation. With the next generation of the internet, users not only can own their data but also port them to multiple applications.
In addition, creators can be paid via token rewards. Web3 allows the creation of all new media formats never before possible. Also, new business models will not be reliant on advertising.
In Web3, users own their entire digital footprint, which Peer calls the Decentralized Federated Identity (DFI).
Users will be able to create public utilities like access tokens to their data, therefore, they won’t need to share their DFI with each service they sign up with. This also helps to decrease their vulnerability on the net.
Services users want to use will require the token, which they’ll share, and they even can revoke access at will. People will own their digital wallets and their wallets will contact the application data.
Web3 is bringing a decentralized alternative where we are all users, owners, and developers. We all benefit together from network implementation.
Get Ready for Innovation
Peer is the first vertically integrated blockchain stack with L1-L4 built from the ground up for a holistic blockchain ecosystem that’s designed with the expressed purpose of building the metaverse.
Its L1 is a patented, multi-blockchain, proof of activity implementation #US11463397B2, which is expected to reach speeds of millions of transactions per second to support its novel metaverse ecosystem.
Through a vertically integrated ecosystem that contains the entire blockchain stack and services, Peer is enabling crypto mass adoption through coherent product experiences that make blockchain technology useful and relevant to everyday life.
The platform is built using the benefits of a broad and deep IP portfolio that spans both utility and design patents in both software and hardware. Further, the platform was developed free of VC influence.
Peer is building the world wide web of tomorrow by bringing an experience to the world wide web through AR.
Imagine an entirely new type of social network where the whole point is not only to go outside with your phone, smartwatch, or Augmented Reality (AR) glasses but you can also interact with digital content that was posted into a specific place in the real world by your friends, other creators, and businesses.
Yes, Peer is making the web available to you in Augmented Reality. As a result, content is no longer at the tip of your finger, it’s at first sight.
Peer: The Products
- Peer Blockchain
- Peer Explorer – Explorer experience for its blockchain. Release 12/2022
- Peer Validator – Desktop app available for download on January 01/2023
- Peer Domains – Domains is a naming system on the peer blockchain for .pmc wallet addresses. Release 2/2023
- Peer Wallet – Typical self-custody wallet experience. Release 01/2023
- Peer Exchange – Peer’s crowdfunding platform. Release 11/2022
- Peer wAuth – Peer’s decentralized identity manager.
- Release 03/2023
- Peer Mint – Peer’s NFT minting engine. Release 12/2022
An augmented reality social platform that lets people navigate, connect, create, and explore Peer’s AR Web. MVP Release 12/2022.
Genesis – An open-sourced Augmented Reality headset in Q2/2023 for developers of the Peer AR platform.
Peer Glasses – AR glasses for consumers
How to: Get Started with Peer
Peer’s blockchain is the world’s first distributed ledger designed specifically to support Web3 and the metaverse. In addition to its incredible speed, Peer’s blockchain uses Nominated Proof-of-Stake to deliver scalability and cross-chain compatibility with a sustainable footprint.
You will be able to build decentralized applications on top of Peer using Rust, an open-source systems programming language designed for outstanding concurrency, speed, performance, and reliability.
As said, you can always use AR at home by using Peer technology, which is also the type of use case for its app allowing you to connect to the real world instead of an endless news feed.
Open the Superapp and Peer into the world. You can seamlessly transition from map mode to AR mode as you walk around.
All contents will live on the Peer blockchain and be tagged to a place, a time, and a person. Your data will be your data.
You will need its native token, the Peer Metaverse Coin (PMC), to use the app, refer your friends, and post content.
The Superapp will use its high-speed blockchain to allow you to have an encrypted version of your own data to maintain control of their information.
Peer is building a digital twin of the real world. By post content to physical locations mapped and geolocated in the real world, you and other users can go out into the real world and find and interact with that content.
It makes social media a fun gamified element where people are actually moving around. It’s a result of a combination of the digital world with the physical world.
What Makes Peer Special?
Peer is not competing with anyone because it is building towards a vision that no one else has.
Today, the internet is in the midst of a revolution and prepare to welcome a new convergent cycle. Peer is right on time with a big idea. To date, the company has filed over 110 patents and raised more than $17M in a private placement.
What’s cool is Peer allows you to go to a location in real life or “teleport” anywhere in the world instantly using its app.
Let’s say you want to see events happening in Central Park in advance of a trip you are planning to New York, you could teleport there digitally and see all the specials in that area within a distance radius.
Also, you could teleport to other major news events to see what is happening at this moment, what occurred in the past, or what is scheduled to happen in the future.
By using a phone, watch, or AR glasses, you can see content overlaid on top of the real world regardless of whether you are there or not.
It can be seen that Peer gets you out into the real world, interacting with people and experiences.
Instead of being addicted to an endless news feed that gets you watching videos for hours but not actually going out and interacting in the world, you will be able to reach out and touch the internet.
Peer: Get Ready
In order to create a new generation of the world wide web, Peer is making an augmented reality on top of the existing reality to get people out into the world by using blockchains and augmented reality devices.
With Peer, people can get into the metaverse world to benefit from social content overlaid in the real world. To learn more about Peer – just click here!
The post Peer Inc: The Blockchain & Platform Dedicated to Building the Metaverse appeared first on Blockonomi.