# Peppercoin

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/peppercoin

- Industry: Financial Services
- Headquarters: Waltham, US
- Website: www.peppercoin.com
- Total disclosed funding: $14M
- Latest round: Series B (Nov 2, 2005)
- Investors on record: 3

## About

Peppercoin Inc. is a blockchain-focused company that offers the PEPPER token, enabling community governance and user engagement through decentralized finance mechanisms.Peppercoin Inc. was founded in 2001 in Waltham, US. The company specializes in blockchain technology, with its primary offering being the PEPPER token. In April 2007, Peppercoin was acquired by Venture Capital backed Chockstone for an undisclosed sum. The company has successfully completed 5 deals, with the latest funding round being a Series B, led by TTV Capital, which raised USD 2.00 mn. The total amount raised by Peppercoin to date is USD 2.00 mn.Peppercoin Inc. operates primarily within the blockchain sector, offering a community-focused token known as PEPPER, which is built on the Chiliz Chain. The primary product, the PEPPER token, has a maximum supply of 8,888,888,888,000,000 units and is designed to empower users to stake their tokens and participate in community governance by voting on key issues. This voting mechanism aims to engage the community actively in managing the treasury and making decisions that shape the future direction and utility of the token. PEPPER is intended for a global audience, particularly targeting individuals who are interested in decentralized finance and community-driven projects within the cryptocurrency ecosystem. The company's approach fosters a sense of ownership among users, encouraging them to take an active role in the development and utilization of the PEPPER token.Peppercoin Inc. generates revenue primarily through the transactional activities associated with the PEPPER token, including staking and voting mechanisms. Users who stake their PEPPER tokens may engage in governance activities that could influence the development of the token's ecosystem while also potentially benefiting from any treasury management decisions made by the community. The structure of transactions is based on a direct-to-consumer model, where individual users can acquire PEPPER tokens and participate in its governance. Specific pricing details for the acquisition of PEPPER tokens and the terms of staking are not publicly disclosed; however, it is implied that users looking to engage with the platform would need to purchase tokens through cryptocurrency exchanges. The firm's revenue model is intricately linked to community engagement and the utilization of its token within the broader cryptocurrency marketplace.Peppercoin Inc. is focused on developing new products that enhance user interaction with the PEPPER token. Upcoming features are being designed to further streamline governance and staking processes, although specific release dates are not yet disclosed. The company plans to expand into European and Asian markets by 2025, aiming to increase its global user base. Recent funding from the Series B round will be allocated to support product development and market expansion initiatives, facilitating the growth of the PEPPER ecosystem.

## Funding rounds

- Series B, Nov 2, 2005, $2M — TTV Capital
- Series B, Aug 1, 2005, $8M — Pod Investment, Wall Street Technology Partners
- Series A, Sep 23, 2003, $4M — Pod Investment

## Investors

- Pod Investment (https://capitalatlas.ai/funds/pod-investment) — Series A, Series B
- Wall Street Technology Partners (https://capitalatlas.ai/funds/wall-street-technology-partners) — Series B
- TTV Capital (https://capitalatlas.ai/funds/ttv-capital) — Series B