Core Viewpoint - Peer To Peer Network (PTOP) is taking strategic steps to enforce its intellectual property rights in the digital business card industry, aiming to consolidate the market and position itself as the leading entity in a sector projected to reach $300 billion by 2032 [5][6][18]. Company Actions - PTOP has retained LSC IP to initiate formal patent infringement actions and enforce its U.S. utility patents [5][6]. - The company is offering competitors three options: merge with PTOP, pay a licensing fee, or enter a royalty agreement [5][10][14]. - PTOP's Chairman & CEO, Joshua Sodaitis, emphasizes a collaborative approach, aiming to unify the market rather than eliminate competition [9][14]. Industry Context - The digital business card industry is expected to grow significantly, with projections estimating a market size of $300 billion by 2032 [6][18]. - PTOP's patents are foundational to the technology used in nearly all digital business card platforms, positioning the company as a potential market leader [10][15]. - The company's strategy mirrors historical examples of patent enforcement, such as that of the Wright Brothers in the aviation industry, indicating a tactical approach to shaping the market [11][12][13]. Future Outlook - PTOP is preparing to engage in discussions with multiple competitors, indicating an active consolidation strategy that may solidify its leadership in the industry [16].

Core Viewpoint - Peer To Peer Network, Inc. (PTOP) is taking strategic legal action to enforce its U.S. utility patents, aiming to consolidate the digital business card industry projected to reach $300 billion by 2032 [1][13]. Company Actions - PTOP has retained LSC IP, a law firm specializing in intellectual property disputes, to assist in enforcing its patents [3]. - The company plans to offer competitors three options: merge with PTOP, pay a licensing fee, or enter a royalty agreement for every product sold [6][7]. Industry Positioning - PTOP's patents cover the foundational technology for nearly all digital business card platforms, positioning the company as a potential market leader [5][11]. - The company aims to unify the market rather than eliminate competition, promoting collaboration through licensing and partnership agreements [10]. Market Strategy - PTOP's strategy is likened to the Wright Brothers' approach in the aviation industry, emphasizing the importance of strong patent enforcement to shape and protect the market [7][8]. - The company is preparing to engage in discussions with multiple competitors, indicating a proactive approach to market consolidation [11].