What is Populous?
Populous (PPT) is an invoicing and trade finance platform built on the Ethereum Blockchain. Populous uses XBRL data, Z-SCORE formula, stable token and more, to create a single global trading environment for investors and bill exchange merchants from around the world. gender. We now believe that Populous is creating the next generation in the invoice finance market.
This altcoin is specially designed for financial transactions and invoices, and it uses smart contracts; it uses XBRL (eXtensible Business Reporting Language) data and the Z Score formula.
PPT and Poken
The Populous platform uses two digital currencies: the Populous Platform Coin/Token (PPT) and Poken. Each of these currencies plays a different role in the Populous environment. PPT is the currency used to raise funds when ICO campaigns are launched. There are currently 41.25 million PPTs in circulation out of a limited supply of 53 million.
After a successful pre-ICO that started on June 7th and the crowdsale raised 39,600 ETH, Populous platform tokens were no longer available for sale before their official ICO sale started.
— Populous World (@BitPopulous) June 10, 2017
At that time, PPT tokens were available at a rate of 0.0011 ETH/token (excluding bonuses, equivalent to about $0.37 at the time).
PPT is the medium through which an investor can access the Populous platform and can trade tokens and pay bills. Poken is the currency of the Populous platform that deals with fiat currencies. Pokens can be traded against fiat currency, and they can also be traded against other popular alternative currencies like Bitcoin, Ethereum, ether, and Litecoin. This means that Poken is an internal platform currency, which is the only currency that can be used to pay bills.
How does Populous’s acquisition mechanism work?
First, it acts as an indicator that the platform has generated enough working capital to exchange for coins and use part of the funds as cash payments. After this, there will be less coins available in circulation for redemption, facilitating transactions with PPT available in the platform, due to less congested network.
Should you invest in PPT?
Populous is an invoice finance platform using smart contracts built on the Ethereum and RSK blockchains. Investing in PPT is definitely for those looking to earn some income from the thriving bill sales industry.
What caused the biggest Bitcoin drop of the year?
Technical Analysis: Bitcoin, Ripple, ETH, Bitcoin Cash, DASH, NEM
Blockstream CEO predicts Bitcoin price could reach $500k
Follow the Twitter page | Subscribe to Telegram channel | Follow the Facebook page