A few days ago, Bibox exchange invited MarketPeak´s CEO and founder Sergej Heck for an AMA session on Bibox´s Telegram channel. Taylor Zhang, a Bibox representative asked the questions and our CEO replied to them. We have saved the AMA session so that you can read it up.
Taylor Zhang @Bibox
So, can you say a few words about you as the owner of MarketPeak? Besides from Switzerland :D
Sergej Heck @MarketPeak
Sure. I started my professional career as a graduate engineer at Daimler Mercedes-Benz in Germany.
5 years ago I discovered online marketing for me and was able to acquire a lot of knowledge about it, and did sales for several companies in parallel. Within a short time I was very successful, so I wrote a book about it and was able to help thousands of people in marketing.
The last companies were crypto companies, which made me learn a lot about blockchain technology and its true value to society. In 2017 I founded Blockchain-Hero.com and coinkurier.de, two crypto news sites that are now among the largest in German-speaking countries with a monthly traffic of over 700k unique visitors.
In May 2019 we went online for the first time with https://marketpeak.com/ with the beta phase. And now we are here, opening the Asian Market
Taylor Zhang @Bibox
So my next question. What is MarketPeak and what is your vision?
Sergej Heck @MarketPeak
At the current state MarketPeak is a platform that brings together Investors and innovative Companies (from fintech, AI, blockchain technology). So on the one hand our focus is to build a great community of Investors. We educate them in different fields like blockchain-technology and we also reward them by helping us to grow the community.
On the other hand we communicate with interesting Companies who are searching for new investors and get great deals for our community. So we provide a win-win solution.
The vision is to become a leading decentralized platform with over 500.000 Members in the next year, where companies and fund managers can set up tokenized assets and the users can directly invest through their ledger and also receive rewards for recommending our DeFi Platform.
Taylor Zhang @Bibox
So what is the benefit of holding PEAK Token?
Sergej Heck @MarketPeak
PEAK is an ERC-20 token based on the Ethereum blockchain issued by MarketPeak to be used for various planned or already in implemented purposes
The PEAK will be used as a means to access to various rewards and benefits, such as discounts when buying tokens of other projects on the platform as well as other products and services
The holders of PEAK will get airdrops of other Token from offered projects on the platform
The PEAK will be used as transaction medium and success fee reduction on the future decentralized platform, once implemented
The PEAK will be used for the payment of success fees
The holders of PEAK will be entitled to vote on publication of project and products
Taylor Zhang @Bibox
How many PEAK Token can exist, is there a maximum? Can they be burned?
Sergej Heck @MarketPeak
yes, we have now around 34 Million PEAK that are circulating and we mint them on demand if Users buying our memberships. And maximum cap is 10 Billion PEAK… we also implemented burning function for later cases ;-)
Taylor Zhang @Bibox
Why Ethereum blockchain？
Sergej Heck @MarketPeak
While evaluating which Smart Contract Platform to launch the PEAK Token on, we looked for the following properties:
● Proven: The Platform of choice should be running in production for years ideally, with a good track record in regards to reliability (technical) and stability (community, hardforks, …)
● Decentralization: The degree of decentralization is highest in the Ethereum Blockchain compared to other Smart Contract Blockchains.
Cause the network of Ethereum has thousands of nodes, we can be confident that these systems are harder to improperly manipulate than nearly any system in human history.
● Active, reasonably big community and also the biggest development team behind it which leads to more security, better documentation, faster improvements and more innovation.
● Established and compatible: There should be enough of an ecosystem around the chosen DLT Platform to ensure that, for example wallets, payment service providers and exchanges are easy enough to work with that they can be used by all people, not only Crypto-Nerds.
All of these considerations led us to decide on Ethereum, a well established Blockchain and the oldest and by far most used and battle-tested Smart Contract Platform. It gives us all desired capabilities and properties, Block-Explorers, Wallets that not only developers can use, and a huge ecosystem to interact with and be a part of.
Taylor Zhang @Bibox
Can we know where your team is based?
Sergej Heck @MarketPeak
So we are based in Dubai cause First, Dubai is the middle between Europe and Asia, the first markets that we are aiming to build communities in.
Second, Dubai is becoming one of the leading countries for blockchain technology. They make decisions fast and support entrepreneurs with modern infrastructure and innovative technology. Additionally, there is a huge financial ecosystem and getting connected with it will be very important to our future DeFi platform.
Taylor Zhang @Bibox
So, MartketPeak describes itself as “a community rewarding gateway” — How will MarketPeak help users/partners achieving something?
Sergej Heck @MarketPeak
There are two parts to how we do that:
One big part of our daily business is to educate our community. Education always is the foundation for making good decisions and practicing a learned skill set for making the best ROI.
The second part is that we reward our community for recommending our platform. Therefore every member has the chance to participate in up to 56% rewards from all margins on the MarketPeak platform, as well as the profits of listed projects and products on the platform. So we’re creating a great Win-Win-Situation for our users to grow together with us.
Taylor Zhang @Bibox
How would you describe the future roadmap of MarketPeak?
Sergej Heck @MarketPeak
The next milestones are to develop the first version of the Defi platform including a staking model until the end of this year. Directly after that we want to launch a mobile wallet app (for our community) where everyone can connect with his ERC20-Wallet address and use our PEAK products. We also want to achieve a community of 50,000 members this year, right now we have over 10,000 members on our platform already. For the next year the goal is to finalize the DeFi platform and achieve a community of 250,000 members. 2022 the goal is to have multiple functionalities on our DeFi and to have a community of over 500,000 members.
Taylor Zhang @Bibox
Why did you decide to list on Bibox?
Sergej Heck @MarketPeak
We already have many members in Europe and Russian speaking countries. And the listing on Bibox for us is the gate to the Asian communities. The Asian market is very important to us, especially the Chinese, Korean, Japanese, and Vietnamese markets. We know that there are big crypto communities who will love the concept of MarketPeak and want to participate in our Rewards model.
Taylor Zhang @Bibox
How do you see the future of Tokenized Assets / DeFi?
And how does Marketpeak position itself in this area?
Sergej Heck @MarketPeak
The financial market for liquid assets is already a multi-trillion dollar market. And with Tokenization there is much more potential, because you can tokenize not only liquid but also illiquid assets. And you can easily transfer these tokens across borders using your smartphone. This is much more convenient than current solutions.
There are forecasts and statistics that predict a tokenized asset market of 24 trillion dollars by 2027.
This is exactly where we want to position ourselves with MarketPeak. We want to create a DeFi platform for token assets where anybody can use them worldwide and has full control over his or her assets. We want to bring the classical, traditional asset market to a modern, decentralized and autonomous platform.
