How do you prevent fraud

A hobbyist submits their profile and campaign for our approval before going live. We dive deep to verify their identity, check their socials, and assess various factors to really understand our hobbyists. This isn't just about ticking boxes; it's about building a community of genuine creators. It's all about fostering authenticity and quality in what we support!

peerhobby is in beta. What does that mean?

PeerHobby is currently in beta, and we're inviting you to join our waitlist! Experience the future of hobbies and connect with like-minded enthusiasts before anyone else. Sign up for our newsletter to stay updated on our latest features and community highlights.

We're also actively seeking angel investors who are passionate about transforming the way people engage in their hobbies. Join us on this exciting journey to revolutionize hobbyist culture.

Don’t miss your chance—secure your spot on the waitlist today and let’s shape the future of PeerHobby together!

How does peerhobby work?

peerhobby is a peer-to-peer (P2P) marketplace which is a revolutionary model that reshapes the way we connect, collaborate, and transact. At its core, P2P operates by enabling individuals to interact directly with one another without the need for intermediaries. This system forms a decentralized network where every participant holds equal status.

Imagine you're that business innovator or aspiring content creator. Instead of relying on traditional channels like banks or third-party platforms, you can utilize P2P networks to access funds, share resources, or distribute your creative works. This dynamic fosters a sense of community and trust, allowing users to engage on a human level, cutting out unnecessary middlemen that often complicate processes and drain resources.

with P2P, your idea gains strength as you connect with like-minded individuals who are equally passionate about empowering each other. Whether it’s funding your startup through a P2P lending platform or collaborating with fellow artists on a shared project, the opportunities are limitless. The beauty of P2P lies in its ability to democratize access, allowing anyone with a vision to thrive on their own terms, making your story not just relevant, but a powerful catalyst for change.

what if a peerhobbyist doesn’t pay back their loan?

If a peerhobbyist finds themselves in a bind with late payments or defaults on their loan, they’re granted a crucial 90-day reprieve to get their financials back on track. It’s during this grace period that they must hustle to bring their payments up to date. Once the clock strikes 90 days, though, the loan is officially in default, and that’s where the stakes get real.

lending is not guaranteed —there’s no sugarcoating that. Until the peerhobbyist recommits to repayment, lenders will be left hanging, their return on investment dangling like a carrot just out of reach. But here’s the silver lining: at any point during that stressful stretch, the hobbyist has the power to wipe the slate clean by paying off the entire loan. This bold move not only brings relief to the lenders but also clears the path for the peerhobbyist to dive into their next campaign.

However, let’s keep it real—going that route comes with consequences. A strike will be recorded, putting a temporary halt on their journey to the next tier. It’s a balance of risk and reward, and every decision counts in the pursuit of turning passion into profit. The message is clear: take charge, stay smart, and know that your story is just getting started.