Populous (PPT)

$1.93399 (36.01%)

CMC# Market Cap (USD) Volume (24hr) Circulating Supply NVTS Change (7d) Change (24h) Savings Per 1K
281 $102,989,000.00 $2,751,080.00 53,252,200 PPT -- 36.01% 0.68% -$696.43

Exchange Pair Volume (24h) Price
Binance PPT/BTC 276,941.00 0.0000500600
Bilaxy PPT/BTC 242,762.00 0.0000500400
OKEx PPT/USDT 1,940,761.00 1.9410000000
Bitrue PPT/BTC 123,132.00 0.0000500600
KuCoin PPT/BTC 17,203.88 0.0000493800
Dex-Trade PPT/BTC 16,776.99 0.0000497200
P2PB2B PPT/BTC 88,178.00 0.0000497000
KuCoin PPT/ETH 3,914.80 0.0008410000
NiceHash PPT/BTC 106.95 0.0000499300
LATOKEN PPT/BTC 3,290.52 0.0000500900
Mercatox PPT/ETH 144,080.00 0.0008204700
CoinBene PPT/BTC 87,354.00 0.0000498000
YoBit PPT/WAVES 3.49 0.1287306900
Hotbit PPT/BTC 39,522.00 0.0000499100
YoBit PPT/USD 27.27 1.9593916400
YoBit PPT/BTC 22.23 0.0000528600
Mercatox PPT/BTC 88,215.00 0.0000440500
HitBTC PPT/BTC 0.08 0.0000511800
HitBTC PPT/ETH 0.08 0.0008477000
YoBit PPT/RUR 0.35 140.1963907500
YoBit PPT/ETH 0.21 0.0008748300
Uniswap (v2) 0XD4FA1460F537BB9085D22C7BCCB5DD450EF28E3A/ETH 0.00 0.0000000000
ForkDelta PPT/ETH 1,903.41 0.0006200000

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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