Organization Name – P100
Category – 
Banking & DeFi
About
P100 is a company that claims to offer a platform integrating traditional financial services with cryptocurrency management. They state that their goal is to create a seamless bridge between tradition…al banking and the world of digital assets, providing users with an all-in-one financial solution. The company presents itself as a fintech innovator that allows users to manage their fiat and crypto holdings through a single interface. They emphasize accessibility, security, and ease of use, suggesting that their platform is designed for both experienced cryptocurrency users and newcomers alike.
According to their claims, P100 provides users with a personal Euro account, complete with an IBAN, which allows for SEPA transfers. This suggests that users can send and receive payments in Euros like they would with a traditional bank. They also claim to offer a Mastercard debit card that enables users to spend both fiat currency and cryptocurrency globally. This debit card, they say, is available in both physical and virtual formats, supporting everyday transactions and online purchases. P100 positions this feature as a way for users to bridge the gap between decentralized finance (DeFi) and conventional banking systems.
The company states that they have developed a proprietary digital wallet that supports both fiat and cryptocurrency transactions. They claim that this wallet is self-custodial, meaning users retain full control over their private keys and, therefore, their digital assets. This feature is often promoted as a key aspect of security and privacy, as self-custodial wallets are not dependent on third parties to store funds. They also suggest that their platform allows users to buy and sell cryptocurrencies directly, as well as withdraw and deposit funds with ease.
A major component of their ecosystem is what they call the P-One Hundred Token (POT), which they claim is an ERC-20 token designed to reward users for their engagement with the platform. P100 states that users can earn POT tokens through various activities such as making purchases with their P100 debit card, participating in referral programs, and engaging in promotional giveaways. They also mention that users can redeem their accumulated POT tokens for USDC, which they say provides a way to convert rewards into a more widely accepted stablecoin. The platform reportedly operates on a burn-to-redeem system, where users commit to “burning” their tokens to receive a proportional share of a monthly reward pool. This approach is positioned as an incentive mechanism that benefits active users.
Another aspect they promote is their “Color Tiers” system, which they claim ranks users based on their activity level and POT earnings. This ranking system, they say, ranges from Green to Black, with higher-tier users receiving additional benefits. They imply that this system encourages consistent engagement with the platform and rewards users who frequently interact with its features.
P100 claims that it prioritizes security and compliance, asserting that its platform follows regulatory standards and incorporates robust security measures. They mention encryption, two-factor authentication, and other protective measures as part of their infrastructure. However, since independent audits or third-party reviews are not widely available, it is unclear how these security claims hold up in practice.
The company also suggests that they are focused on expanding their services to make digital finance more accessible to a global audience. They emphasize the combination of traditional banking tools and cryptocurrency management as a way to appeal to a broad spectrum of users, including those who are new to digital assets. They claim that their platform is designed to remove complexity and make it easier for users to navigate the world of crypto without the need for deep technical knowledge.
P100 positions itself as a company that blends fintech innovation with decentralized financial tools, aiming to provide users with an all-encompassing financial solution. While their claims present a compelling vision, further independent verification would be needed to fully assess the reliability, security, and overall impact of their offerings. Read More
