Populous is a unique, peer-to-peer invoice platform that was established in 2017. Leveraging blockchain's distributed ledger technology, Populous has established a global trading platform that specialises in invoice financing. This form of funding allows businesses to unlock cash tied up in outstanding sales invoices. By selling these invoices at a discounted rate, businesses can access their cash more swiftly.
Populous' Liquidity Pool
To facilitate the needs of invoice sellers, Populous operates a Liquidity Pool. This is intertwined with the Populous cryptocurrency, known as PPT. Investors can securitize PPT through an initial purchase, which is then held in escrow as collateral. The platform uses another form of currency called Pokens, which are exchanged for PPT and used for buying and selling invoices. This setup contributes to or draws from the Liquidity Pool, offering a built-in liquidity component to the platform. This unique, internal liquidity mechanism allows Populous to operate without transaction fees, only levying charges for late payments.
Range of Industry Applications
Populous invoice transactions accommodate a wide range of industries, including several that traditional financing companies typically do not cover. This flexibility and inclusivity make Populous a preferred platform for diverse businesses looking for alternative financing solutions.
PPT Tokens and Investment Opportunities
The Populous platform operates on the PPT cryptocurrency. The tokens that were not distributed during the Initial Coin Offering (ICO) were retained by the founding and development team. PPT can either be held or used as collateral to invest in Populous' invoices. For collateralizing, investors are given Pokens, based on a percentage of the market value. These Pokens are automatically used to purchase an invoice. Upon the repayment of the invoice, the investor receives both the initial PPT investment and Pokens profit. This setup provides a compelling investment opportunity for potential investors.
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