pip pitch
Core Features
PIP is a messaging standard that is -Locally Stateful
-Asynchronous -ZK-STARK Encrypted -Meshnet based
This allows for peer-to-peer interactions that are computed fully clientside
Why Clientside?
The advent of Cloud Computing has created a flourishing of feature rich web applications whose loads are serverheavy.
This has caused a series of unwanted side effects as data privacy, siloed data, and routing inefficiency cause a suboptimal user experience.
Prioritising state synchronisation and distributed computing through the use of blockchain consensus has created a fundamental paradigm WRT what is possible with Cloud.
The Opportunity
Thanks to recent developments, several conceptual trends that favour clientside are now possible for the first time:
Blockchain Rollups allow for server synchronisation with relatively small computational loads
Modern browser telecommunications infrastructure can run such loads with sufficient throughput and liveness guarantees for consumer applications
ZK Domain Specific Languages allow for a standardised and interoperable application specific implementation of these ideas in practice
Tech Stack & MVP
Current MVP specs include:
-A functional DSL for TCP/IP based messaging (in testing) -A recursive STARK encryption standard (in production) -A ledgerless consensus algorithm (in testing)
-A browser based social messaging Dapp (in production) -A third party toolchain (in wireframe design)
Introducing PIPchat
Standardised & Interoperable messaging allows for a widely addressable market of b2b and retail usecases that benefit from local state synchronisation
To establish a proven use case, our go-to-market strategy prioritises a consumertech application with achievable user acquisition costs
Messaging is a clear use-case with strong demand for open source and secure online instances that maintain interoperability
The Ask
PIPchat is currently raising an equity round with an associated protocol token warrant
Seeking a mix of consumertech and technical ZK venture partners, strategic corporate venture partners in social media or telecoms and a potential consumertech co-round lead
Raising 2m Chf at a Valuation of 30m Chf, roundsize of 3m with approx. 1m soft committed
The Vision: A Self-Sovereign Online Economy
With Self-Sovereign data, user information can be automatically ported to apps and devices according to a user’s opt-in will
This would allow for a “thin platform”, where value can accrue more directly to the application layer by seperating and homorphically encrypting user information
The monetisation of demographic metadata by third party advertisers becomes economically unviable
Beyond the privacy benefits- this allows for a standard of online interaction that can make normative guarantees around access,interoperability, version support, and credible neutrality
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