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Populous (PPT)

$0.450334 (-16.39%)

CMC# Market Cap (USD) Volume (24hr) Circulating Supply NVTS Change (7d) Change (24h) Savings Per 1K
121 $23,981,300.00 $435,516.00 53,252,200 PPT 85 -16.39% 1.71% $73.81

Exchange Pair Volume (24h) Price
Binance PPT/BTC 50,300.00 0.0000632000
Binance PPT/ETH 3,242.27 0.0031810000
KuCoin PPT/BTC 324.90 0.0000625300
Bithumb PPT/KRW 26,627.00 519.0000000000
AlterDice PPT/BTC 8,459.90 0.0000631200
Bitrue PPT/BTC 13,816.99 0.0000635000
LATOKEN PPT/ETH 51,436.00 0.0031607000
Mercatox PPT/ETH 66,732.00 0.0031071900
LATOKEN PPT/BTC 875.13 0.0000629000
AlterDice PPT/ETH 647.62 0.0031439900
Bitrue PPT/ETH 54.44 0.0031700000
Vebitcoin PPT/TRY 27,143.00 2.6200000000
Atomars PPT/BTC 105.99 0.0000631300
Atomars PPT/ETH 9.42 0.0031478600
Dex-Trade PPT/BTC 6.08 0.0000632100
KuCoin PPT/ETH 16.95 0.0031263000
Dex-Trade PPT/ETH 10.59 0.0031431500
Probit PPT/KRW 68.40 525.0000000000
HitBTC PPT/BTC 72.57 0.0000633300
OKEx PPT/USDT 78,857.00 0.4500000000
CoinBene PPT/BTC 59,728.00 0.0000631000
Mercatox PPT/BTC 40,329.00 0.0000639600
HitBTC PPT/ETH 0.63 0.0031993000
P2PB2B PPT/BTC 2,546.01 0.0000632000
P2PB2B PPT/USDT 2,145.98 0.4498000000
P2PB2B PPT/ETH 127.29 0.0031810000
Livecoin PPT/BTC 154.93 0.0000659500
IDCM PPT/BTC 947,752.00 0.0000066000
IDCM PPT/ETH 402,154.00 0.0003320000
OKEx Korea PPT/USDT 0.00 0.4500000000
Idex PPT/ETH 0.00 0.0032042748
YoBit PPT/WAVES 0.00 0.7448542000
P2PB2B PPT/USD 24.00 0.4800000000
ForkDelta PPT/ETH 0.00 0.0029200330

Background

Populous aims to build a blockchain protocol support a sort of secondary invoice market to enable small- and medium-sized businesses to more efficiently invoice for services rendered. As fees and short-term loan costs for invoice payment processing grow, the Populous team plans to leverage the transparency of a distributed block chain ledger to improve the trail from service to invoice to payment with reduced costs via on-chain smart contracts. Populous also is creating their own in-house credit rating system using Exstensible Business Reporting Language and the Altman Z-Score Formula. Populous believes increasingly secure, sophisticated smart contracts can facilitate less asymmetric service-payment exchange that currently imposes material costs on small businesses via three different actors: administrators, invoice sellers, and invoice buyers. Invoices are created by sellers, scored and either approved or denied by administrators, and made available to buyers if approved. After accepted by buyers, the invoiced services can be rendered and payment offered.

Technology

Populous' native token (PPT) is an ERC-20 compliant token used to invest in approved invoices. Once PPT tokens are spent, the spender receives Pokens, a secondary on-chain token that Populous uses to buy an invoice. PPT tokens and Pokens are paid to an invoice investor when the invoice is paid. PPT tokens are exchangeable on all ERC-20 compliant secondary markets for investors who want to invest in invoice smart contracts on the Populous chain. Populous also aims to make PPT tokens convertible to Ethers (ETH) but also major fiat currencies. The team believes increasing the transferability and exchangeability of the PPT token will help scale the invoice market.



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