IP2P Concept

I Promise To Pay

public reputation repository based on

Person 2 Person money transfer

Collaborative consumption

All inside personal mobile device

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Trends that stimulate promise and trust

Problem

• People need to get money to buy something

• Merchants don’t know customers and can’t trust customers

• It’s so hard to share you bills and financial risks

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Solution

product

promise

Consumer

money money reputation

Vendor or

Сonsumer

money

or

IP2P Partners

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Buyer receives goods or lend for the promise, pay latter and rise his reputation

The Core

iP2P

Everyone Trusted

partners

Reputation

repository

API

Change reputation Get reputation

Facebook

It’s a public nonprofit organization 5

Reputation

=

personal honesty * finance wealth

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How it operates

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― When your friends rank you a honest person your reputation grows

― You can’t promise to pay more money than your reputation is

― When you give and fulfill promises your reputation grows (like a credit history)

― If you didn’t fulfill any of your promises your account blocks

Advantages

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For people

― Easy to buy

― Post payment

― Share bills and financial risks

For merchants

― Loyalty

― Increase sales

― Know your customers

Advantages over credit cards

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― All Facebook users can easily use IP2P

― No any cards needed

― Everyone can guaranty credit, not only bank

― Easy to cooperate and share finance risks

― Absolutely free to use

― Honesty and sociality are valuable

Strategy

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Funded by crowdsourcing and donations

Based on facebook

Open source and nonprofit

Our partners will be

• Online games and virtual goods

• Organizations that provides micro credits, including p2p credits

• Online and Offline shops

• Platforms that will allow strangers to consolidate their money for purchase

• Organizations that loan something

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Promotion

• Facebook application for rank the honesty of you friend

• Attraction key partners who share our values to the public club

• Reputation is motivation

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Reputation is Motivation

I do NOT rise money for myself to make someone do something for me

I do increase my reputation to let someone do something for me

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The Unique

YOUR REPITATION IS YOUR CREDIT

YOUR HELPFULNESS IS YOUR MONEY

And it is operation based on current financial system

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Change the word Money is nothing.

Money is only in our mind.

Money is only a regular way to make someone to do something for you.

Do something to get money

Do something good to the good enough

people

the TAKING world the GIVING world

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Trust, reputation and social capital

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For you

HELP/DONATE US

TO INCREASE YOUR REPUTATION

TO LET OTHER PEOPLE DO SOMETHING FOR YOU

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IP2P.ORG

Russian part of Team:

– Oleg Ponfilenok: oleg@ponfilenok.com

– Sergei Litvinau

Stanford part of Team:

– David Ngo

– Andrew Martin

– Jae Kyun Hwang

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