Populous PPT Price

Populous is a blockchain-based platform launched in 2017, designed to help small and medium-sized enterprises (SMEs) obtain short-term liquidity through invoice financing. By facilitating peer-to-peer (P2P) interactions, Populous aims to solve working capital issues for SMEs by providing quick access to funds without having to wait for customers to pay their invoices.

How Does Populous Work?

Populous operates on the Ethereum blockchain, utilizing smart contracts to streamline the lending process. This decentralized approach allows businesses to connect directly with lenders and invoice settlers, which significantly reduces the fees associated with traditional lending methods. The platform offers a financial tool known as invoice selling, allowing businesses to secure loans against outstanding invoices, giving them immediate access to capital.

Additionally, Populous uses a second on-chain token called Poken, which is not tradable but is essential for facilitating transactions on the platform.

Founders of Populous

Populous was founded by twin brothers Steve and Sam Williams from South London. Steve Williams, who graduated in philosophy from London Metropolitan University, has served as the CEO since November 2016. Sam Williams has since moved on to other business ventures, including founding The Trend View and Zloadr.

What Makes Populous Unique?

Populous stands out by innovating the way liquidity is managed for SMEs. Its decentralized system eliminates the need for intermediaries, resulting in lower fees for liquidity loans. The platform has attracted attention and funding from prominent firms, including Fireblue Capital, due to its potential to transform how businesses access working capital.

Populous Token Supply

The total supply of Populous (PPT) tokens is 53,252,246, all of which have been minted and released to the public. After the initial coin offering (ICO), the founders received 32.4% of the total supply, while the remaining tokens were distributed to investors and other interested parties. The current circulating supply of PPT is the same as its maximum supply, at 53,252,246 tokens.

Security of the Populous Network

As an ERC-20 token, Populous (PPT) benefits from the security and compatibility of the Ethereum network, which allows it to be stored and traded on various exchanges.

Where Can You Buy Populous (PPT)?

You can trade Populous (PPT) on several cryptocurrency exchanges, including:

• OKEx
• Binance
• Bitrue
• ProBit Exchange
• Mercatox

Current Status of Populous

As of now, Populous (PPT) has a market price of $0.0899, with a recent increase of 4.79% over the past 24 hours. Its all-time high (ATH) reached $76.49 on January 28, 2018, indicating a significant decrease of approximately 99.9% from that peak. Currently, the circulating supply is around 36.23 million tokens, with a market capitalization of $3.26 million, representing a small share of the overall cryptocurrency market.

What is unique about Populous (PPT)?

Populous is unique for its decentralized platform that enables small and medium-sized enterprises (SMEs) to obtain short-term liquidity through peer-to-peer invoice financing, significantly reducing fees and eliminating intermediaries in the lending process.

Who are the founders of Populous (PPT)?

Populous was founded by twin brothers Steve and Sam Williams from South London, with Steve serving as the CEO since November 2016.

Who are the backers/investors of Populous (PPT)?

Populous has attracted investment from notable firms, including Fireblue Capital, highlighting its potential to transform liquidity management for SMEs.

Where can I buy Populous (PPT)?

 Uniswap V3 (Ethereum)