What is Peer Metals?
An innovative peer-to-peer marketplace for precious metals and numismatic coins, built for collectors, investors, and enthusiasts alike.
Problem
Users dealing in precious metals and numismatic coins traditionally rely on brokers and dealers, which can incur high fees and limited transparency. The old system makes it difficult for users to access a wide network of buyers and sellers, leading to high fees and limited transparency.
Solution
A peer-to-peer marketplace that facilitates trade for precious metals and numismatic coins, allowing users to directly engage with other buyers and sellers across the platform. This platform offers features like direct trade transactions, enabling investments and collection activities without intermediaries.
Customers
Collectors, investors, and enthusiasts who are interested in trading precious metals and numismatic coins. Typically, these users are knowledgeable about market values and prefer direct transactions to enhance their collections or investment portfolios.
Unique Features
The platform eliminates the middleman by enabling direct and peer-to-peer transactions. This setup increases transparency and reduces transaction costs.
User Comments
Users appreciate the transparency in trading.
Some users express a desire for more buyer protection features.
The platform is praised for reducing fees compared to traditional brokers.
Collectors find the marketplace helpful for finding unique coins.
Investors mention ease of transaction as a positive aspect.
Traction
The product is newly launched and currently gaining initial traction on Product Hunt, but specific user numbers, revenue, or financing details are not provided.
Market Size
The global precious metals market was valued at $261 billion in 2021, with a projected CAGR of 9.0% from 2022 to 2030, highlighting significant growth potential for platforms facilitating trade in this sector.
