Yes it is another P2P trade platform.
There are already a few committed top traders from both Paxful and Localbitcoin ready to make the switch with us (these traders profiles will not be disclosed for obvious reasons). We are traders on both sites as well so there has been a lot of painstaking hours of forethought going into this.
There are plenty of new features in both security and functionality that we will have improved, newly created and implemented as part of this new site.
As we progress with the venture more details on the development will be released.