What is Populous?
Populous is a peer-to-peer invoice platform providing blockchain solutions to help small and medium-sized businesses constantly grow and develop. Its main goal is to provide companies with invoice liquidity for up to 90 days. Its native currencies are the Poken coin (PKN) and Populous coin (PPT).
If you care to see the current PPT price, check out the Populous price chart above.
Based on smart contracts, Populous supports communication between enterprises and allows them to share a liquidity pool. Providing short-term liquidity to businesses, by using P2P loans, the network offers businesses quick access to capital that by no way was possible to achieve in traditional style, meaning just simply waiting for customers to settle invoices.
Use Cases of PPT Tokens
PPT is based on the ERC-20 token standard. Primarily, the Populous token is used as a way to invest in invoices.
Besides, despite also having another token (PKN), only PPT coins are circulated outside the platform amongst investors. PKN tokens are used inside the Populous platform. Additionally, PPT tokens are needed to purchase PKN.
Tokenomics of PPT
The max supply of Populous coins is 53,252,246. The founders and the team got 32.4% of the entire supply, while investors and other interested parties have received the remaining 67.6%.
Who Founded Populous?
The Populous crypto project was launched in 2017 by two brothers based in London – Steve Williams and Sam Williams. Steve, who graduated from London Metropolitan University, is acting as the CEO of Populous. Sam, on the other hand, has left this project and turned to his other business ventures, becoming the founder and CEO of Zloadr and Zloadr Publishing.
If you are interested in attaining Populous tokens, don’t forget to check the aforementioned Populous price chart to see the real-time PPT price.
