Where Community Development, Economics, And Blockchain Technology

Converge 

PeachCoin
Complementary Currency

The PEACHAIN Application

 

PEACHAIN is an open-source progressive web application (PWA) 

incorporating Ethereum blockchain technology through Infura

 under development by Peach State Innovation and Technology

The application is a scalable, decentralized social network-marketplace 

 for

the PeachCoin virtual community: the individuals, local businesses, and communities

that use and accept the non-exclusive cryptographic complementary currency 

PeachCoin (Symbol: NS21, Smart contract: NewSouth21Token),

an Ethereum built complementary currency and medium of exchange

Features

PEACHAIN MVP Development Pt. 1

The application features

a flip-style user interface design 

with "retro-nostalgia" appeal

and consists of

virtual communities or "hubs"

with each having its own community profile page.

 

Each community's profile page is highlighted with a community "birds-eye" traffic overview map underscored

by nine community "blocks". 

Each "block" plays an integral role in the systemic objective of the PEACHAIN project.

PEACHAIN MVP App Development Pt. 2

News By You!™

is the user contribution block integrated into the PEACHAIN application that gives communities a voice and  presence by affording people of their respective communities the ability to contribute and share local and hyper-local stories, interests, and events relative exclusively to your community.

Local News

 is the block for which users of the PEACHAIN application can view and keep abreast of the latest local community broadcast affiliated news live streams for communities and respective viewing areas.

Community Soapbox

is the community social network application component where users can keep up with friends, associates, share posts and create discussion boards, where community members can initialize topics and discussions that are community interest for the purpose fostering local and hyper-local community social engagement.  If you have anything that you care to inform or "cuss and discuss" relative to community issues, this is your block!

Current Weather Forecast

powered by Dark Sky

provides users of the 

PEACHAIN application

with the latest up-to-date local and hyper-local community weather forecasting, highlighting down to the minute precipitation forecasts and weather warnings  along with 10 day extended forecasts, keeping communities and users informed of immediate and extended weather conditions by which they may be impacted.

We Accept PeachCoin

highlights the local community PEACHAIN merchants, retailers, professionals, and trade businesses that accept PeachCoin (NS21) as a complementary currency.  Users simply select the category of providers that accept PeachCoin and the vendors will populate on the corresponding community map with pop-up details relative to the vendor/ business location, web address, digital wallet and PeachCoin (NS21) acceptance terms.  If you're a business interested in listing with the PEACHAIN Network and accepting PeachCoin (NS21), select the We Accept PeachCoin link on the block, fill out the form, and we'll upload your details.

Get PeachCoin

 provides the details on the various means at which the complementary currency PeachCoin can be acquired.  PeachCoin (NS21) can be acquired at an exchange of $90.00 USD / 1 PeachCoin (NS21).  As a complementary currency, 1 PeachCoin (NS21) has exchange equivalence to the One Hundred dollar bill ($100.00) in the PEACHAIN Network.   

Earn PeachCoin

is the block for which individuals can view the means (posts) in which PeachCoin (NS21) can be earned.  PeachCoin (NS21) can be earned through Peer-to-Peer (P2P) transaction agreements, freelance solicitation offerings and community job postings with the compensation terms structure provided by the solicitor

(i.e. $200.00 solicitation 100% PeachCoin or 50/50 PeachCoin/US Dollar split).  All transactions and exchanges  must include the acceptance of PeachCoin (NS21) as a complementary currencyin some capacity.   

About Us

is the block where PEACHAIN users can learn "quick facts" about each PEACHAIN community in terms of demographics and uniqueness in identity.

This is the block that affords PEACHAIN users the opportunity to explore the commercial and community offerings of other PEACHAIN virtual community businesses. 

If you're planning to visit a community or would like to engage in e-commerce with participating vendors and businesses, simply visit the community's hub. 

Meet A PEACHAIN Community

PeachCoin

 

PeachCoin (Symbol: NS21) is a verified Ethereum ERC-20 cryptographic 

complementary currency and medium of exchange.  PeachCoin can be obtained in exchange for US dollars at an exchange rate of 90 US dollars ($90.00) per PeachCoin with PeachCoin having an exchange denomination equivalence

of one US One-Hundred dollar bill ($100.00) per one PeachCoin (NS21). 

As a complementary currency, PeachCoin can easily be used in fractional transactions, accepted at face value in peer-to-peer purchases and exchanges

by individuals, communities, service providers, retailers, and businesses. 

For instance, 0.2568 PeachCoin (NS21) can be used and accepted

in an exchange for a $25.68 purchase.

Verified ERC20 Ethereum Blockchain
Complementary Currency
PeachCoin
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Through PeachCoin (NS21), we seek  to facilitate economic stimulus, activity and community development through the use of a complementary currency deployed upon blockchain technology . 

Whether through commercial  exchanges or municipal usage to fund municipal projects, services, and facilitate inter-fund transfers, 

the individuals, businesses, and communities that choose to use and accept PeachCoin as a complementary currency are making a responsive commitment to support, enhance, and sustain their respective community economies.

Using PeachCoin

The utilization of PeachCoin as a complementary currency could facilitate 

capital preservation and commercial activity within local communities,

potentially alleviating the economic disparities that are affecting some communities

while potentially providing economic stimulus in economically

under-performing communities.

Through the PEACHAIN Network, PeachCoin (NS21)

and the initiatives of Peach State Innovation and Technology, 

we seek to offer a solution to economic stimulus in communities 

by promoting economic activity through a complementary built on blockchain technology

to connect communities with goods, services, resources, and monetizing activities

for community improvement.

These economic concerns were highlighted, leading to the creation and establishment

of the House Rural Development Council 

by the Georgia House of Representatives in 2017  

and

have been further accentuated due to the economic impact of the Coronavirus pandemic.

So How Does This PeachCoin Thing Work Now?

Let's Explain...

One may ask, if PeachCoin

is a complementary currency and exchanges

at an equivalence to national currency,

why isn't $100 US dollars exchanged for one PeachCoin? The 10% discount is part of the

US Dollars-to-PeachCoin exchange rate, which is consistent with the pricing structure of 

a complementary currency.  Nothing is being

earned from the discount.

Complementary currencies, such as PeachCoin,

are designed to facilitate economic activity in 

and have transactional exchange equivalence

to a country's legal tender, as this is the nature of

a complementary currency, to supplement

national currency .  With the exception of

PeachCoin (NS21) being cryptographic and

its subsequent implicit benefits , our

complementary currency structure is similar to Berksharesone of the nation's longest and most successful domestic traditional complementary currency models.   

For additional clarity, we reference the Berkshares transaction example as we found it exemplary in outlining how a complementary currency transaction flows.  We will walk you through a transaction of PeachCoin being utilized for a purchase.

A Simplified Example Transaction

For instance, you decide that you're taking the family out to dinner one evening. You go and view the community hub in which you're located on the PEACHAIN application and select the checkbox for restaurants to identify and highlight on the map, local restaurants in the area that

accept PeachCoin as a local complementary currency. 

You acquire onePeachCoin (NS21) at $90 and store it in your digital wallet. The 90 dollars ($90.00) that you exchange acquire one PeachCoin (NS21) with the complementary currency exchange denominated equivalence of 100 U.S. dollars ($100.00) upon exchange.

When you have dinner at the restaurant , the total cost is $100. The restaurant accepts PeachCoin, so you pay the full dinner cost with one PeachCoin which has the complementary currency exchange equivalence of $100.00, through digital transfer to the local restaurant's digital wallet.  At this point you have essentially spent $90.00 dollars and received a $100 meal - an implied 10% discount afforded to the user by PeachCoin.  As for the

local restaurant owner, being that PeachCoin (NS21)

is a complementary currency, it is treated as ordinary income by the IRS in terms of taxation and can be utilized by the restaurant owner to pay employees partially with PeachCoin or acquire goods or services from other local or state community merchants, professionals, and businesses that accept PeachCoin

Acquiring PeachCoin

Contact our organization at public_relations@peach-tech.online

As a complementary currency, PeachCoin (NS21) can be acquired in peer-to-peer domestic currency (USD) exchanges.  Individuals may also earn PeachCoin (NS21) through the Georgia-5K Initiative participation and through unconditional income grants afforded to a predetermined number of community members who participate in The PeachCoin Complementary Currency (PCC) program.  

 

If you are a business, municipality, or organization interested in acquiring PeachCoin through

participation / enrollment in The PeachCoin Complementary Currency (PCC) program, in peer -to-peer domestic currency exchanges or if have other inquiries, please feel free to contact us via email.

Additional Information

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The smart contract name from which the complementary currency PeachCoin is developed, is the NewSouth21Token smart contract. 

The name is attributed to the region's significance

and footprint in the establishment, 

growth, and development of technology and innovation. 

Once a primarily agrarian based economy, the southeastern United States has become more industrially diversified and evidenced through the presence of technology hubs throughout the region: Austin, Texas; Huntsville, Alabama; The Research Triangle in North Carolina; and Atlanta, Georgia,

to identify a few. 

The state of Georgia serves as the headquarters for several Fortune 500 and 1000 companies and is home to the Atlanta Tech Village, the fourth largest technology start-up incubator

in the country; the second busiest sea port of entry in the country; public research universities and has been chosen by Site Selection Magazine as

the best state in the country for business for the past seven years

 

  

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About the Smart Contract Name 

Project 229 2030 Incorporated (dba Peach State Innovation and Technology) will never initiate contact with anyone offering to sell or exchange PeachCoins (NS21) through a private ICO or token sale. 

PeachCoin (NS21) is a cryptographic complementary currency not a security token!

If anyone is approached via any form of communication stating they are a part of the  Peach Tech team and propose any type of sales offer in regards to PeachCoin (NS21), beyond a certainty it's a scam and they are scammers.

 

In context of Howey analysis stipulations, as currently designed, the exchange and functionality of PeachCoin (NS21) as a complementary currency does not pose a risk of implicating federal securities laws

as complementary currencies are not considered securities.

WHEN ACQUIRING PEACHCOIN, PLEASE VERIFY THE SYMBOL (NS21) AND THAT YOUR  DIGITAL WALLET SUPPORTS ERC20 TOKENS. YOU WILL NEED AN ERC20 COMPATIBLE ETHEREUM WALLET. OTHERWISE, YOU RUN THE RISK OF POTENTIALLY LOSING YOUR PEACHCOINS.  IF YOU ARE UNSURE  OF YOUR WALLET 'S ERC20 COMPATIBILITY, PLEASE  GO TO

METAMASK  OR MYETHERWALLET AND CREATE AN ETHEREUM WALLET.  IF YOU WOULD PREFER ACCESS ON MOBILE DEVICES, PLEASE VISIT METAMASK OR TRUST WALLET AND DOWNLOAD THE WALLET APP THAT CORRESPONDS WITH THE OPERATING SYSTEM OF YOUR MOBILE DEVICE.