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Summary of Populous (PPT)
Key Points
- Populous is a network that provides invoice liquidity for SMEs up to 90 days.
- Launched in 2017, it enables P2P interaction between enterprises, boosting liquidity and solving working capital problems.
- Founders: twin brothers Steve and Sam Williams from south London.
- Unique feature: decentralized system with lower fees, no intermediaries, and blockchain technology.
- Maximum supply of PPT tokens: 53,252,246.
- Circulating supply: 53,252,246 tokens.
- ERC-20 token, stored and traded on various exchanges.
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About Populous World: Pioneering the Future of Invoicing and Alternative Finance
Introducing Populous (PPT): A Comprehensive Overview
Populous is a pioneering network conceived to provide small and medium-sized enterprises (SMEs) with invoice liquidity for periods of up to 90 days. Since its inception in 2017, Populous has been dedicated to facilitating seamless peer-to-peer (P2P) interactions between enterprises, thereby enhancing liquidity and alleviating working capital constraints for SMEs.
By harnessing the power of blockchain technology and smart contracts, the Populous network enables decentralized communication between businesses, thereby facilitating the sharing of liquidity pools. As underscored in the network’s official whitepaper, the sector is plagued by a liquidity crisis, and Populous seeks to provide a solution. Through its peer-to-peer lending platform, the network offers enterprises swift access to short-term liquidity, thereby bridging the gap between invoice issuance and customer settlement.
The Visionaries Behind Populous: Meet the Founders
Populous was founded by twin brothers Steve and Sam Williams, hailing from south London.
Steve Williams, a philosophy graduate from London Metropolitan University, has been serving as the acting CEO of Populous since November 2016. Meanwhile, Sam Williams has diversified his entrepreneurial pursuits, establishing The Trend View and Zloadr.
Unveiling the Unparalleled Attributes of Populous
Populous is poised to revolutionize the liquidity landscape for small and medium-sized enterprises. By harnessing the power of blockchain technology and smart contracts, the platform facilitates seamless, peer-to-peer interactions between businesses, lenders, and invoice settlers. This decentralized system operates with significantly reduced fees on liquidity loans, eliminating the need for intermediaries and streamlining the connection between lenders and borrowers.
Invoice financing, a novel financial instrument, enables businesses to leverage their outstanding invoices as collateral to access capital, even when customers have yet to settle their accounts. By migrating the invoice-backed lending process to the blockchain, Populous has created a more scalable, rapid, and user-friendly platform for enterprises. This innovative network has garnered significant investment from prominent firms, including Fireblue Capital.
What Is the Circulating Supply of Populous (PPT) Coins?
Populous (PPT) boasts a capped supply of 53,252,246 tokens, all of which have been minted and released to the public domain. Following the initial coin offering (ICO), the founders and team behind Populous retained 32.4% of the total supply, while the remaining 67.6% was distributed among investors and interested third-party stakeholders.
The circulating supply of PPT is capped at 53,252,246 tokens, which also represents the maximum supply.
The Security Architecture of the Populous Network
As an Ethereum-based project, PPT is an ERC-20 token, thereby facilitating seamless compatibility and integration. This compatibility enables PPT to be stored and traded on a diverse range of exchanges, ensuring widespread accessibility. Additionally, Populous employs a secondary on-chain token, Poken, which is not tradable on the market and serves as a utility token, facilitating transactions on the blockchain.
Acquiring Populous (PPT): A Comprehensive Guide to Exchanges and Marketplaces
PPT trading is accessible on a multitude of reputable cryptocurrency exchanges, including:
- Prestigious exchanges, including OKEx
- Binance
- Bitrue
- ProBit Exchange
- Mercatox
Delve into the world of cryptocurrency and discover the intricacies of buying digital assets.
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