Populous (PPT)

$3.11633 (-39.04%)

CMC# Market Cap (USD) Volume (24hr) Circulating Supply NVTS Change (7d) Change (24h) Savings Per 1K
287 $165,952,000.00 $5,411,670.00 53,252,200 PPT -- -39.04% -14.66% $1,216.62

Exchange Pair Volume (24h) Price
Binance PPT/BTC 801,888.00 0.0000705800
OKEx PPT/USDT 3,313,912.00 3.1270000000
Bitrue PPT/BTC 232,365.00 0.0000701000
HitBTC PPT/BTC 1,235.29 0.0000703500
Bilaxy PPT/BTC 62,592.00 0.0000708200
NiceHash PPT/BTC 2,214.56 0.0000702600
LATOKEN PPT/BTC 12,152.03 0.0000702000
HitBTC PPT/ETH 388.62 0.0008992000
P2PB2B PPT/BTC 117,765.00 0.0000702000
Atomars PPT/BTC 1,057.57 0.0000700100
CoinBene PPT/BTC 421,308.00 0.0000702000
Dex-Trade PPT/BTC 16,206.60 0.0000700200
KuCoin PPT/BTC 25,259.00 0.0000712900
KuCoin PPT/ETH 8,045.12 0.0009133000
Hotbit PPT/BTC 91,390.00 0.0000702700
Mercatox PPT/BTC 81,133.00 0.0000708400
YoBit PPT/USD 97.20 3.0821250900
ProBit PPT/KRW 356,764.00 3,810.0000000000
Mercatox PPT/ETH 184,662.00 0.0010948200
YoBit PPT/RUR 28.27 231.1375474000
YoBit PPT/BTC 62.14 0.0000727600
YoBit PPT/ETH 15.94 0.0010198200
YoBit PPT/WAVES 2.25 0.1140324500
YoBit PPT/DOGE 13.65 6.9965083100

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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