Joshua Sodaitis, a former licensed stockbroker and venture capitalist, is presently Chairman & CEO of Peer To Peer Network (publicly traded under the stock symbol: PTOP). He is an entrepreneur and inventor with two granted patents and a third patent pending. He is the visionary and creator of the proprietary first of its kind mobile/digital business card MobiCard in your app stores. The first and only publicly traded digital business card company.
We spoke to Josh following the company’s most recent announcement on April 18th:
WSA: Please start off by providing an introduction and overview of PTOP.
JOSH: MOBICARD™ Peer To Peer Networks’ flagship product is the 1st of its kind, mobile digital business card, that links video tools, website, email, any and all social media sites, and even has a customizable audio message.
But the BEST part is the proprietary real-time alerts & data analytics. Any time you share your card with someone or someone shares your card with a 3rd party YOU receive an instant text message directly to your phone in real-time stating: “John Smith opened your MOBICARD™ John’s mobile # is….XXXX” OR “John Smith opened your MOBICARD™ John’s email is:…XXXX”
You see the value in that right?
The MOBICARD™ will greatly facilitate the ability of individuals and business to share their information more effectively, expand their visibility and brand awareness.
The MOBICARD™ is a combination of mobile apps and desktop apps with wide ranging capabilities, including linking video’s user websites, all forms of contact information, and all of each users social media links into one consolidated digital source. It is more than just a digital business card; it’s a “Dynamic Digital Foot Print.”
We differentiate ourselves with our 2 granted patents and are the only proprietary solution in the space.
WSA: Bring us up to speed on your most recent news including the release of Mobicard 1.5 to the app stores.
JOSH: We are proud to announce that our new apps are in the app store “RIGHT NOW.” This is a 30 day Beta version that will have some bugs, but we want to be able to showcase the better look & feel of the app so that our shareholders and potentially new shareholders can see the app for themselves.”
We hired Mark_Defi because he is a well known developer that has helped develop smart contracts that are implemented in some of the biggest names in the Crypto space. MOBICARD will soon be implementing MOBICOIN again and with his help we know it will run smoothly.
WSA: Can you talk about the Web3/Defi technology and what are the market opportunities.
JOSH: Certainly! Web3 is a term that refers to the vision of a decentralized internet, built on blockchain technology and cryptographic principles. Unlike Web 2.0, where users mainly interact with centralized platforms like social media, search engines, and cloud services, Web3 aims to empower users with more control over their data, identity, and digital assets.
Here are some key components and concepts of Web3:
- Blockchain Technology: Blockchain forms the foundational technology of Web3. It enables decentralized, tamper-proof ledgers that record transactions across a network of computers. This decentralized nature removes the need for intermediaries, enhancing security, transparency, and trust.
- Smart Contracts: These are self-executing contracts with the terms of the agreement directly written into code. Smart contracts automatically enforce and execute the terms when predefined conditions are met, without the need for intermediaries.
- Decentralized Applications (DApps): DApps are applications that run on a decentralized network rather than a single computer or server. They leverage blockchain technology and smart contracts to offer various services, such as decentralized finance (DeFi), decentralized social networks, decentralized marketplaces, and more.
- Cryptocurrencies and Tokens: In Web3, digital currencies play a central role in facilitating transactions within decentralized ecosystems. These can include cryptocurrencies like Bitcoin and Ethereum, as well as utility tokens specific to particular DApps or platforms.
- Decentralized Identity (DID): Web3 envisions a digital identity system where users have full control over their identity and personal data. Decentralized identity solutions leverage blockchain and cryptographic techniques to enable users to manage and verify their identity without relying on centralized authorities.
Now, regarding market opportunities, here are some areas where Web3 technology is creating new possibilities:
- Decentralized Finance (DeFi): DeFi platforms offer financial services without traditional intermediaries, such as banks or brokerages. Opportunities in DeFi include lending, borrowing, trading, yield farming, decentralized exchanges (DEXs), and asset management.
- Non-Fungible Tokens (NFTs): NFTs represent unique digital assets, such as art, collectibles, virtual real estate, and in-game items. The NFT market has seen significant growth, offering opportunities for creators, collectors, and platforms facilitating NFT transactions.
- Decentralized Social Networks: Web3 supports the development of social platforms where users have more control over their data and interactions. These networks aim to address issues like data privacy, censorship, and centralized content moderation.
- Supply Chain and Logistics: Blockchain technology can enhance transparency and traceability in supply chains by recording transactions and product information on a decentralized ledger. This improves trust among stakeholders and helps combat issues like counterfeit goods and supply chain fraud.
- Gaming and Virtual Worlds: Web3 enables the creation of decentralized gaming platforms and virtual worlds where players truly own their in-game assets. This opens up opportunities for game developers, players, and investors interested in the gaming and virtual reality space.
Overall, Web3 technology is still in its early stages, but it holds immense potential to disrupt various industries and create new economic opportunities by decentralizing systems and empowering users.
WSA: How does MOBICOIN 1.5 fit into all of this?
We will be looking to debut a patented MOBICOIN reward Token that is unlike anything in the market place today. This will be truly revolutionary in the market place. We are in the process of filing for a provisional patent so I don’t want to elaborate any more than that at this time. It will be EPIC!
5) What key goals is the company looking to accomplish over the next 6-12 months.
In 2014 the mobile marketing industry in the USA alone was 4.1 billion, in 2020 that market had grown to $11 billion, and remains the fastest growing sector of the economy today. According to the Gartner Group “The industry is in it’s infancy stage.”
Digital Business Card Market Size was valued at USD 148.35 Billion in 2022. The Digital Business Card Market industry is projected to grow from USD 164.95 Billion in 2023 to USD 389.3 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 9.7% during the forecast period (2023 – 2032) according to: 1 new message (marketresearchfuture.com)
OUR APPS JUST LAUNCHED… We have 2 granted patents that allow us to have an advantage in this space. Our next 12 months is ALL ABOUT GROWTH, GROWTH, and MORE GROWTH…
Our Solution:
Our digital business card platform offers a comprehensive solution to these challenges:
- Dynamic Digital Profiles: Users can create dynamic digital profiles that include not only contact information but also links to social media profiles, portfolio websites, and other relevant online resources.
- Real-Time Updates: Unlike traditional paper business cards, our digital solution allows users to update their information in real-time, ensuring that contacts always have access to the latest details.
- Smart Sharing Options: Our platform offers multiple sharing options, including QR code scanning, email, text message, and social media, making it easy for users to exchange digital business cards in any situation.
- Analytics and Insights: Our platform provides users with valuable insights into the effectiveness of their digital business cards, including metrics such as views, shares, and engagement.
Key features of the MOBICARD™1.5 app include:
- Digital Business Card Creation: Users can effortlessly create personalized digital business cards with essential contact information including links to all social media, company details including links to website or videos, an audio message that can be changed anytime, profile page as well as business card landing page, photo of both brand logo as well as individual, and a unique design that reflects their brand identity.
- Smart Sharing Options: MOBICARD offers various sharing options, allowing users to exchange digital business cards with contacts via email, text message, QR code scanning, social media sharing, or direct sharing within the app.
- Real-time Updates: Unlike traditional printed business cards that quickly become outdated, MOBICARD enables users to update their contact information in real-time, ensuring that their connections always have access to the latest details. Also showcases the proprietary patented real time text alerts any time anyone opens or views your card, enabling you to receive a message that states something similar to: “Jon Smith opened your MOBICARD™ his mobile number is XXXX” OR “John Smith opened your MOBICARD his email is XXXX”.
- Customizable Templates: The app provides a range of customizable templates and design options, empowering users to create digital business cards that resonate with their professional image and style.
- Cloud Storage Integration: MOBICARD seamlessly integrates with cloud storage services, enabling users to securely backup and access their digital business cards across multiple devices.
- DATA ANALYTICS: MOBICARD prides itself on its proprietary patented material claim “Data Analytics tracking Shared By A Link”. Providing you with a “Data Analytics” feature allowing you to build a database of everyone you have ever shared your card with. Also seeing if each person that opened your card and what they clicked on. Giving you data on weather they clicked on your website, your social media, your audio message. Obviously someone who clicks on all of your interactive links and spent over 40 minutes on your card is a more valuable lead to follow up with than someone who didn’t click on any of your interactive links and spent less than 5 minutes on your card. This unique feature allows you to know who to follow up with and when. This is a unique feature that differentiates MOBICARD™ from all the other digital business cards in the market.
As the world increasingly embraces digitalization and remote connectivity, the MOBICARD™1.5 app emerges as a timely solution to address the evolving needs of professionals across various industries. With its user-friendly interface, advanced features, and commitment to sustainability, MOBICARD™1.5 is poised to become a game-changer in the realm of digital networking.
WSA: Discuss the synergies you look for when it comes to possible strategic partnerships.
JOSH: PTOP is the Inventor & owner of the electronic interactive business card mobile software system with customer relationship management data base possessing granted patent #10,616,368 as well as patent# 10,270,880.
We look for any company that utilizes business cards today to replace their outdated system with our new system. EVERYONE should switch to MOBICARD™.
WSA: Why should investors consider Peer to Peer Network a good investment opportunity today?
JOSH: The market for digital business card solutions is rapidly expanding, driven by the increasing digitization of the global economy and the growing emphasis on remote work and virtual networking. According to industry reports, the digital business card market is projected to grow at a CAGR of over 20% in the coming years, reaching a valuation of billions of dollars by 2025.
ENVIRONMENTAL IMPACT:
15 billion trees are cut down each year. That’s 2,400 trees every minute of every day.
Digital business cards offer numerous environmental benefits compared to traditional paper business cards. Firstly, they eliminate the need for paper production, reducing the demand for trees and minimizing deforestation. By opting for digital business cards, individuals can significantly decrease their carbon footprint associated with paper production, transportation, and disposal. Moreover, digital business cards do not contribute to paper waste, which is a significant environmental concern globally. Since they are stored electronically, there is no risk of them ending up in landfills or littering the environment. Additionally, digital business cards promote sustainability by enabling users to update their information digitally, eliminating the need for reprinting cards each time there is a change in contact details or job title. Overall, the transition to digital business cards represents a tangible step towards reducing environmental impact and promoting eco-friendly practices in professional networking.
GO GREEN… GO MOBICARD!