Populous (PPT)

$0.510804 (-10.26%)

CMC# Market Cap (USD) Volume (24hr) Circulating Supply NVTS Change (7d) Change (24h) Savings Per 1K
117 $27,201,400.00 $1,153,540.00 53,252,200 PPT 63 -10.26% -2.45% $52.41

Exchange Pair Volume (24h) Price
Binance PPT/BTC 256,763.00 0.0000605400
Bithumb PPT/KRW 187,000.00 597.0000000000
Binance PPT/ETH 35,217.00 0.0027370000
KuCoin PPT/BTC 1,437.85 0.0000599200
Dex-Trade PPT/ETH 1.26 0.0027493100
KuCoin PPT/ETH 1,210.94 0.0027004000
HitBTC PPT/BTC 864.01 0.0000609000
LATOKEN PPT/BTC 223,341.00 0.0000606000
Bitrue PPT/BTC 52,114.00 0.0000609000
LATOKEN PPT/ETH 95,956.00 0.0027300000
Whitebit PPT/BTC 11,718.59 0.0000605000
Bitrue PPT/ETH 462.25 0.0027430000
OKEx PPT/USDT 8,363.22 0.5000000000
Whitebit PPT/ETH 1,132.64 0.0027370000
Atomars PPT/BTC 360.93 0.0000605500
Dex-Trade PPT/BTC 10.30 0.0000604400
Atomars PPT/ETH 43.97 0.0027493100
AlterDice PPT/ETH 1,268.58 0.0027492800
Probit PPT/KRW 2,014.74 595.0000000000
AlterDice PPT/BTC 991.30 0.0000604500
CoinBene PPT/BTC 78,788.00 0.0000605000
P2PB2B PPT/BTC 10,815.87 0.0000609000
P2PB2B PPT/USDT 10,744.08 0.5058000000
P2PB2B PPT/ETH 1,655.22 0.0027400000
Mercatox PPT/BTC 44,617.00 0.0000610500
Livecoin PPT/BTC 247.24 0.0000623300
HitBTC PPT/ETH 81.64 0.0028253000
OKEx Korea PPT/USDT 0.00 0.5000000000
IDCM PPT/BTC 557,909.00 0.0000083000
IDCM PPT/ETH 222,668.00 0.0003780000
Mercatox PPT/ETH 94,538.00 0.0030742400
Coinplace PPT/BTC 1,414.89 0.0000546700
CoinExchange.io PPT/BTC 1.82 0.0000608000
P2PB2B PPT/USD 25.50 0.5100000000
ForkDelta PPT/ETH 1,900.98 0.0028002830
CoinExchange.io PPT/ETH 0.27 0.0021000000
YoBit PPT/BTC 0.00 0.0000527300
YoBit PPT/RUR 0.00 34.2075800000
YoBit PPT/ETH 0.00 0.0033955700
YoBit PPT/USD 0.00 0.6408652600
Idex PPT/ETH 0.00 0.0027340052
YoBit PPT/WAVES 0.00 0.6549356600
YoBit PPT/DOGE 0.00 203.5432395800

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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