Cryptocurrency Populous (PPT) - review, how to buy

About Populous Coin (PPT)

To describe PPT as simply as possible, it is a platform that allows you to sell and buy invoices on the Internet and control your cash flows using blockchain technology.

It provides any company with the opportunity to rebuild its financing system, in which the time gap between invoicing and receipt of funds is reduced.

The platform is a blend of blockchain, smart contracts, “stable tokens” and other technologies to create a unique trading environment for investors and invoice sellers anywhere in the world.

Using the power of Populous, companies can quickly sell invoices and then redeem tokens for fiat money. This makes the process faster and more transparent, as well as reducing costs.

The goal of the Populous project is to create the next generation of financial markets. Today, it is the first and only platform for the sale of invoices and the use of the Ethereum blockchain by the financial industry.

The ecosystem is based on the use of user tokens called PPT (ERC 20 standard), which are pegged to fiat money at a ratio of 1 to 1. The value of PPT is maintained by investors who invest in the platform.

Users can sell their invoice for tokens and then exchange them for fiat money. It is similar to selling through a brick-and-mortar marketplace, but features lower transaction fees and faster processing thanks to blockchain technology.

What is Populous

To describe PPT as simply as possible, it is a platform that allows you to sell and buy invoices on the Internet and control your cash flows using blockchain technology. It provides any company with the opportunity to rebuild its financing system, in which the time gap between invoicing and receipt of funds is reduced.

The platform is a blend of blockchain, smart contracts, “stable tokens” and other technologies to create a unique trading environment for investors and invoice sellers anywhere in the world.

Using the power of Populous, companies can quickly sell invoices and then redeem tokens for fiat money. This makes the process faster and more transparent, as well as reducing costs.

The goal of the Populous project is to create the next generation of financial markets. Today, it is the first and only platform for the sale of invoices and the use of the Ethereum blockchain by the financial industry.

The ecosystem is based on the use of user tokens called PPT (ERC 20 standard), which are pegged to fiat money at a ratio of 1 to 1. The value of PPT is maintained by investors who invest in the platform.

Users can sell their invoice for tokens and then exchange them for fiat money. It is similar to selling through a brick-and-mortar marketplace, but features lower transaction fees and faster processing thanks to blockchain technology.

Characteristic Features of Cryptocurrency PPT

Populous is based on the Ethereum blockchain, so access is open to a wide range of users. Linking tokens to the popular ERC20 standard allows you to use many cryptocurrency wallets for storage and transactions. The issue is planned in the amount of 53,252,246 PPT, but they are provided for the duration of the ICO and for subsequent investment activities. When working within the network, Pokens will be used.

To generate the necessary list of data about the participant after registration, the system independently analyzes his business.

To draw a conclusion about the reliability of cooperation, Populous studies information from more than 1,500 sources in real time, which allows you to regularly update current indicators.

In addition to periodically reporting financial status and cash flows, XBRL takes into account additional information.

Next, an assessment of its financial stability is calculated. Basic information is available to all users.

After the application for the sale of the invoice and confirmation by the administration, bidding opens. Their duration is limited to 24 hours. Afterwards the application can be closed:

• successful – if the incoming application fully complies with all the conditions of the offer;
• automatically - after 24 hours, but with the possibility of transferring an invoice according to the most acceptable conditions received;
• prematurely – in case of cancellation or early consent.

Next, the seller receives funds, increasing solvency, and the buyer receives deferred receivables at a reduced cost. The legal conditions of each transaction are described in detail in the smart contract, which eliminates any fraud and minimizes risks.

Advantages and disadvantages

In addition to the positive impact on the financial market, the following advantages can be highlighted:

• PPT tokens are supported by many wallets and platforms;
• the platform independently assesses financial stability and risk, so each user is aware in advance of the state of the counterparties’ business;
• the platform provides low cost and fast transactions;
• when purchasing invoices for cryptocurrencies, you can remain completely anonymous;
• free access to the international database of offers;
• You can participate independently or join a group for a joint buyout;
• linking internal tokens to national currency rates.

Disadvantages include possible technical problems until complete debugging and the presence of analogues with wider capabilities.

Populous - what is it?

To describe PPT in a simple way, its definition is: a platform for buying/selling invoices online. Allows for effective control of financial “flows” using blockchain technology. Populous is an opportunity to try to build a new financing system in which the time from invoice to execution is significantly reduced. The main problem is ensuring cross-border payments, which in many ways take enormous time periods. This has a detrimental effect on the economic situation of companies, especially when they are just starting out.

If you use Populous, any company can sell an invoice as quickly as possible, and then purchase tokens for any type of fiat money. This process greatly reduces financial and time costs, and also increases the security of payments.

The developers showed their main goal: to offer an innovative financial market. Populous is the only platform that allows you to sell invoices.

Populous is developed on the ETH blockchain (using the ERC 20 standard). The cryptocurrency is “pegged” to the fiat of the national currency of Great Britain - the pound sterling (ratio 1 to 1).

Each network user can sell an invoice for tokens, and immediately sell them and receive fiat currency. The Populous network is like a marketplace that offers minimal transaction fees and short transfer times.

How to buy on the Populous exchange

At the moment, only Populous platform tokens are available for sale, which can be purchased on Binance, Kucoin, HitBTC. The daily volume of PPT tokens is equal to just over one and a half million dollars, which are traded in pairs with ETH and BTC.

I already wrote: How to buy cryptocurrency for rubles for a beginner

Populous Cryptocurrency Information (PPT)

• Official site:
• Social networks: Tweets by ‎
• Number of tokens: 37 million coins
• You can buy on crypto exchanges: , , , OKEx, KuCoin, LATOKEN, Mercatox, Radar Relay

Populous cryptocurrency (PPT) is a trading platform built on the Ethereum cryptocurrency blockchain, allowing you to create invoices, which no business can do without.
Thanks to the Ethereum blockchain, the Populous project uses smart contracts, ERC 20 tokens, which they call PPT, and other features, including the XBRL business information exchange standard and the Z score formula. In terms of its features, the Populous platform is no different from the usual resources that allow you to create and issue invoices, but functioning on the basis of Ethereum gives Populous many advantages.

1. Transaction fees on Populous are much lower than on other similar resources.
2. The speed of transaction execution is almost lightning fast.
3. Using blockchain to create invoices is 100% secure.

Since Pokens are ERC20 compliant, they allow us to take full advantage of smart contracts on the Ethereum Blockchain. Using customizable stable Pokens protects account buyers and sellers from market volatility. They also allow us to support currencies from any part of the world without the need for third parties.

How to mine Populous (PPT)

Useful information: Risk of cryptocurrency mining

This cryptocurrency cannot be mined using computational operations. This opportunity is not provided by the creators and the PPT mining option will never open.

The only way to get tokens is to purchase them. To date, platform coins are sold on the following exchanges:

• Binance
• EtherDelta
• HitBTC
• Mercatox

The total capitalization has currently exceeded $1 billion . The daily volume is about $3 million, and so far coins are traded only with Ethereum and Bitcoin.

Worth reading: How much to invest in cryptocurrency How to trade on the cryptocurrency exchange training

How to start mining Populous?

Cryptocurrency cannot be mined through normal computing operations. At the time of creation, the developers excluded the platform’s ability to create new blocks with the possibility of receiving rewards in the form of coins. In the future, mining will also be unavailable. Today, users can mine coins in one way - by purchasing them on large exchanges such as EtherDelta, HitBTC, etc. Populous's capitalization in 2020 exceeded one billion dollars, and the cost of the coin is about $50.

Best PPT Storage Wallet

Pokens are the same digital tokens that roam around inside the platform. Each token is pegged to one British pound and is used to purchase invoices. You can purchase tokens directly on the platform by exchanging them for fiat funds such as usd, gbp, eur and jpy.

Other currencies will be converted at the exchange rate at the pound rate, which is used for quotes on the London Stock Exchange. You can store tokens on any wallet that supports the ERC20 standard.

Currently, wallet replenishment is available on the platform in currencies such as GBP, USD, EUR and YEN. All other currencies will be converted into GBP based on exchange rates on the London Stock Exchange.

PPT tokens obtained outside the platform can be used to fund a trading account in the system. In the case of depositing funds in cryptocurrency, for example, BTC or ETH, they will be converted into PPT at the exchange rate of the BTC/USD and ETH/USD currency pairs at the time of deposit. This process is performed manually by the platform administrator with the participation of broker partners.

Article on the topic: How to open a wallet for cryptocurrencies

The platform offers three withdrawal methods:

• exchanging tokens for fiat money with their subsequent withdrawal to a bank account anywhere in the world (a commission is charged);
• withdrawal of PPT to external wallets based on Ethereum (with deduction of commission);
• withdrawal to Bitcoin or Ethereum by purchasing them for PPT (based on current BTC/USD and ETH/USD rates).

Deposit and withdrawal of funds

Currently, wallet replenishment is available on the platform in currencies such as GBP, USD, EUR and YEN. All other currencies will be converted into GBP based on exchange rates on the London Stock Exchange.

PPT tokens obtained outside the platform can be used to fund a trading account in the system. In the case of depositing funds in cryptocurrency, for example, BTC or ETH, they will be converted into PPT at the exchange rate of the BTC/USD and ETH/USD currency pairs at the time of deposit. This process is performed manually by the platform administrator with the participation of broker partners.

The platform offers three withdrawal methods:

• exchanging tokens for fiat money with their subsequent withdrawal to a bank account anywhere in the world (a commission is charged);
• withdrawal of PPT to external wallets based on Ethereum (with deduction of commission);
• withdrawal to Bitcoin or Ethereum by purchasing them for PPT (based on current BTC/USD and ETH/USD rates).

Prospects for cryptocurrency in 2018

Assessing the uniqueness of the Populous project, which has no analogues, the market in which this platform operates (the capacity of the market for international supply of goods is trillions of dollars per year), as well as the previous exchange dynamics of PPT tokens, we can confidently say that the prospects for PPT in 2018-2020 are: This is a continuation of growth in price. By the end of 2020, the PPT rate is capable of reaching $100 per token and higher.

The project began work in the summer of 2020. Over the entire period, there have been several small fluctuations in the exchange rate. There are few truly worthwhile projects on the World Wide Web, so the cost of 1 token remains stable at $4. Any changes are likely in the near future.

Populous Launch History and Roadmap

Fundraising for the development of the Populous platform took place through an ICO, which ended just 5 days after it began. In this short period of time, the Populous team managed to raise $10 million, most of which, according to the head of the Populous project, was provided by large venture funds. Such a quick and effective implementation of the ICO occurred thanks to the rationality of the Populous idea.

Work on the Populous project began in the summer of 2020. A beta version of Populous was launched in the fall of that year. In 2020, Populous cryptocurrency began full-fledged operation.

What's the latest news about Populous

Today, the Populous is able to help people protect themselves from financial fraud and seriously save time on transferring funds from one person to another. You can instantly deliver funds anywhere in the world. The project provides the opportunity to conclude invoices for free.

Technology based on the Bitcoin code is becoming less relevant every year. At this time, the Populous confidently takes the lead.

As for the future, smart contracts are the future, so the prospects for the project and investors are the brightest. Today, smart contracts are used in many areas of human activity.

Populous cryptocurrency that literally burst into the TOP of coinmarketcap.

Token-Poken

Pokens are the same digital tokens that roam around inside the platform. Each token is pegged to one British pound and is used to purchase invoices. You can purchase tokens directly on the platform by exchanging them for fiat funds such as usd, gbp, eur and jpy. Other currencies will be converted at the exchange rate at the pound rate, which is used for quotes on the London Stock Exchange. You can store tokens on any wallet that supports the ERC20 standard.

Technical details

Populous is based on the Ethereum blockchain, so access is open to a wide range of users. Linking tokens to the popular ERC20 standard allows you to use many cryptocurrency wallets for storage and transactions. The issue is planned in the amount of 53,252,246 PPT, but they are provided for the duration of the ICO and for subsequent investment activities. When working within the network, Pokens will be used.

To generate the necessary list of data about the participant after registration, the system independently analyzes his business. To draw a conclusion about the reliability of cooperation, Populous studies information from more than 1,500 sources in real time, which allows you to regularly update current indicators. In addition to periodically reporting financial status and cash flows, XBRL takes into account additional information.

Next, an assessment of its financial stability is calculated. Basic information is available to all users.

After the application for the sale of the invoice and confirmation by the administration, bidding opens. Their duration is limited to 24 hours. Afterwards the application can be closed:

• successful - if the incoming application fully complies with all the conditions of the offer;
• automatically - after 24 hours, but with the possibility of transferring an invoice according to the most acceptable conditions received;
• prematurely - in case of cancellation or early consent.

Next, the seller receives funds, increasing solvency, and the buyer receives deferred receivables at a reduced cost. The legal conditions of each transaction are described in detail in the smart contract, which eliminates any fraud and minimizes risks.

Full functionality is shown in the image:

Populous: cryptocurrency to ruble rates

Current cryptocurrency rates to aion – follow fluctuations online. Information comes from the largest exchanges and is processed in real time. You can see exchange rate changes for most of the most popular fiat currencies. Online charts, automatic converter and news will allow you to quickly navigate the current market trends in the relationship between aion and cryptocurrencies.

It is always worth remembering that the cryptocurrency exchange rate is quite volatile. It can either grow by several percent in a couple of minutes or fall. This volatility attracts most investors, who constantly monitor the price of cryptocurrency in order to buy at the lowest price, and then wait for growth to sell at the highest. You can buy cryptocurrency quickly and at a favorable rate in the Matbi online exchanger. The service has been operating for more than five years and can offer users not only the exchange of cryptocurrencies, but also their reliable storage. Matbi's built-in crypto wallet supports four leading cryptocurrencies: Bitcoin, Litecoin, Dash and Zcash. A high level of protection for users’ crypto assets is provided by “cold” wallets, as well as three-factor authentication when entering your personal account (PIN code, email code and SMS code, which can be replaced with Google Authenticator). The service is also interesting to users, as it includes a multi-level affiliate program. 24-hour technical support promptly answers all user questions. How to become the owner of cryptocurrency in Matbi is discussed in detail in this video.

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What is Populous (PPT) and how does it work?

International trade cannot exist without a mass of contracts and specific documentation based on them. We are talking about so-called invoices (the Russian equivalent is an invoice). They describe in detail the type of product, its parameters, number of units, delivery and shipment conditions. In a word, this is a detailed document about the transaction between the exporter and the importer, on the basis of which other supply agreements can be concluded.

The invoice must be sufficiently well thought out to avoid surprises upon delivery of the goods. And this is not always possible in the absence of experience in international logistics.

Processing invoices is extremely inconvenient for small and medium-sized enterprises. Many of them often need urgent funds to pay salaries, replenish working capital, and unforeseen expenses. But in practice, you have to wait 45-90 days until the customer pays the invoices and they are processed by the bank.

Often in this system there are delays in payments and, as a result, problems with financing small businesses.

The Populous platform appeared as an alternative to this clumsy mechanism. PPT tokens operate on the Ethereum blockchain according to the ERC20 standard and allow you to create and receive payment of invoices based on smart contracts. The emission of tokens is 53 million PPT, only 37 million are publicly available . The rest were reserved by developers to support the platform.

Website: https://populous.co/

The means of payment are internal Pokens tokens, which are linked to international fiat currencies on a 1:1 basis. If an investor decides to make a purchase and purchase an invoice, he sends tokens to the supplier and he can exchange them for real money.

What it looks like in practice:

1. An auction is created on the Populous platform. The borrower cashes the invoice by sending money through the platform;
2. The administrator marks the auction as completed, the investor receives his winnings;
3. In this case, the auction can be completed either manually or after a certain period. After this, tokens from the winning bidder are transferred to the beneficiary, tokens from the loser are returned to his account;
4. The borrower has the right to select the winner and complete the auction.

After this, all that remains is to cash out the tokens by converting them into USD, EUR or any other fiat currency.

Among other things, Populous implements its own protocol for creating business reporting ( analogous to the XBRL standard ). It forms part of the network’s credit reference system - a kind of database of borrowers and lenders, which will later make it possible to predict the behavior of the financial market.

Populous also creates its own bankruptcy forecasting system based on Altman's five-factor model ( Altman Z-Score ).