Topic: [ANN] POPULOUS WORLD - Invoice trading platform - PPT - page 212. (Read 277213 times)
Nice to see PPT on HitBTC. Let the party start
Hi everyone, Just letting you that we making good progress on the beta.
Hi Populous World. Thank you for all your efforts!!
I hold several thousand ppt tokens and I just read your business plan. With the price of the ppt tokens under pressure lately and falling towards new lows, it would be very helpful for myself and all the members of the ppt community to have a reason to hold our current ppt and better yet, a reason to buy more. If you would be kind enough to explain in greater detail these few questions, which I feel were not well addressed in the business plan...thanks in advance:
1. How can the PPT token be used on the platform to generate a passive income for the PPT owner?
2. How are the PPT tokens protected from loss once they are loaded into the platform?
3. Will the platform allow the purchase of invoices with fiat currency? If so, then why should we hold PPT?
Maybe you are still figuring some of these things out? If so please give us your best current understanding.
Cheers!!
1. The PPT operates, via smart contract, with collateral & leveraging functions interacting with the platform to finance invoices, the financier receives returns in Poken(ERC-20 token pegged to Fiat , initially GPB £), at a variable rate, determinable by individual invoice and seller factors, furthermore a majority of jurisdictions charge CGT(capital gains tax) when one converts an increased in value asset(PPT/Poken) to Fiat currency, prudentially asset to asset does not incur such levies.
2. PPT held in escrow on the platform are protected securely by smart contract(security audited to high standard), in addition three methods are enacted to recover any default either from the invoice seller or respective customer, those three forms of security are;
- credit insurance
- director guarantee
- debenture
3. Yes, Fiat in tandem to PPT will be used to finance invoices, please refer to answer 1 as to why one should hold PPT over Fiat.
4. We have targeted Populous, currently, at the invoice financing industry, fundamentally to revolutionise the unregulated trading environment set amongst the restrictive preclusion of the invoice finance sector. Further industries that bode well for P2P lending will be vastly more amiable to an organisation with solid foundations built upon invoice financing.
Don´t woory people, we all should stay calm. The Team will deliver a great platform.
Basic Human Nature
To Populous World, I genuinely wish for your success, however I really only care deeply about what's in it for me. That is true for every investor. We really only want to know what is the net benefit is of buying, holding, and using your PPT tokens.
If we can save the world along the way, well that is great, but what really counts is making sure that the people who are continuing to invest in your company are well taken care of.
Cheers.
To Populous World, I genuinely wish for your success, however I really only care deeply about what's in it for me. That is true for every investor. We really only want to know what is the net benefit is of buying, holding, and using your PPT tokens.
If we can save the world along the way, well that is great, but what really counts is making sure that the people who are continuing to invest in your company are well taken care of.
Cheers.
They literally just announced there's progress on the Beta, once the platform is done then they're on to institutional adoption. This is just the beginning of the beginning my friend if you want "what's in it for you" then you're going to need to wait.
Basic Human Nature
To Populous World, I genuinely wish for your success, however I really only care deeply about what's in it for me. That is true for every investor. We really only want to know what is the net benefit is of buying, holding, and using your PPT tokens.
If we can save the world along the way, well that is great, but what really counts is making sure that the people who are continuing to invest in your company are well taken care of.
Cheers.
To Populous World, I genuinely wish for your success, however I really only care deeply about what's in it for me. That is true for every investor. We really only want to know what is the net benefit is of buying, holding, and using your PPT tokens.
If we can save the world along the way, well that is great, but what really counts is making sure that the people who are continuing to invest in your company are well taken care of.
Cheers.
Hi everyone, Just letting you that we making good progress on the beta.
Hi Populous World. Thank you for all your efforts!!
I hold several thousand ppt tokens and I just read your business plan. With the price of the ppt tokens under pressure lately and falling towards new lows, it would be very helpful for myself and all the members of the ppt community to have a reason to hold our current ppt and better yet, a reason to buy more. If you would be kind enough to explain in greater detail these few questions, which I feel were not well addressed in the business plan...thanks in advance:
1. How can the PPT token be used on the platform to generate a passive income for the PPT owner?
2. How are the PPT tokens protected from loss once they are loaded into the platform?
3. Will the platform allow the purchase of invoices with fiat currency? If so, then why should we hold PPT?
Maybe you are still figuring some of these things out? If so please give us your best current understanding.
Cheers!!
HAHA, falling to new lows? People in crypto have a very short memory span as I bought a lot of PPT when it hit 1$ in July...
To Populous World, one more question:
4. Why are you limiting Populous to the invoice factoring business? It seems to me that the basic platform would work well for any blockchain based P2P lending scenario? Using PPT as a collateral and capital base you could do exactly what Salt Lending is planning to do, which is P2P lending on digital assets. There really is no limit to the potential.
4. Why are you limiting Populous to the invoice factoring business? It seems to me that the basic platform would work well for any blockchain based P2P lending scenario? Using PPT as a collateral and capital base you could do exactly what Salt Lending is planning to do, which is P2P lending on digital assets. There really is no limit to the potential.
Hi everyone, Just letting you that we making good progress on the beta.
Hi Populous World. Thank you for all your efforts!!
I hold several thousand ppt tokens and I just read your business plan. With the price of the ppt tokens under pressure lately and falling towards new lows, it would be very helpful for myself and all the members of the ppt community to have a reason to hold our current ppt and better yet, a reason to buy more. If you would be kind enough to explain in greater detail these few questions, which I feel were not well addressed in the business plan...thanks in advance:
1. How can the PPT token be used on the platform to generate a passive income for the PPT owner?
2. How are the PPT tokens protected from loss once they are loaded into the platform?
3. Will the platform allow the purchase of invoices with fiat currency? If so, then why should we hold PPT?
Maybe you are still figuring some of these things out? If so please give us your best current understanding.
Cheers!!
Guess it's time to scoop up a few more. 
don't these idiots know the chinese can't kill cryptos? Their central planners can't even figure out how many houses they need to build without throwing the economy into the crapper. This china nonsense hits the icos particularly hard because people dump the platform coin (ethereum) and the ico (populous).
don't these idiots know the chinese can't kill cryptos? Their central planners can't even figure out how many houses they need to build without throwing the economy into the crapper. This china nonsense hits the icos particularly hard because people dump the platform coin (ethereum) and the ico (populous).
So strange that under these circumstances nobody has mentioned we could do better in ....bittrex 
I think PPT coin too much good so where Bittrex? Be list now please
In that case, then listing in Bittrex should be a future certainty.
This should put to rest all the screaming and yelling for Bittrex listing.
Just hold your position and wait.
This should put to rest all the screaming and yelling for Bittrex listing.
Just hold your position and wait.
yeah ,hope ppt will list Bittrex as soon as possible , it's a long time right ,time to Bittrex now.
That's a little surprising why it not getting succeed to take place on Bittrex. I think the reason Bittrex is not taking the new coin from almost 2 months I hope in next batch of coins PPT will get succeed to take place there. I think it's good to hold this for long term.
In that case, then listing in Bittrex should be a future certainty.
This should put to rest all the screaming and yelling for Bittrex listing.
Just hold your position and wait.
This should put to rest all the screaming and yelling for Bittrex listing.
Just hold your position and wait.
yeah ,hope ppt will list Bittrex as soon as possible , it's a long time right ,time to Bittrex now.
That's a little surprising why it not getting succeed to take place on Bittrex. I think the reason Bittrex is not taking the new coin from almost 2 months I hope in next batch of coins PPT will get succeed to take place there. I think it's good to hold this for long term.
hopefully the developer is doing the best for this coin.. let's support the efforts of developers to fight for this coin to listed in biitrex is not in vain
waiting for the price of coins will be even more expensive
In that case, then listing in Bittrex should be a future certainty.
This should put to rest all the screaming and yelling for Bittrex listing.
Just hold your position and wait.
This should put to rest all the screaming and yelling for Bittrex listing.
Just hold your position and wait.
yeah ,hope ppt will list Bittrex as soon as possible , it's a long time right ,time to Bittrex now.
That's a little surprising why it not getting succeed to take place on Bittrex. I think the reason Bittrex is not taking the new coin from almost 2 months I hope in next batch of coins PPT will get succeed to take place there. I think it's good to hold this for long term.
In that case, then listing in Bittrex should be a future certainty.
This should put to rest all the screaming and yelling for Bittrex listing.
Just hold your position and wait.
This should put to rest all the screaming and yelling for Bittrex listing.
Just hold your position and wait.
yeah ,hope ppt will list Bittrex as soon as possible , it's a long time right ,time to Bittrex now.
In that case, then listing in Bittrex should be a future certainty.
This should put to rest all the screaming and yelling for Bittrex listing.
Just hold your position and wait.
This should put to rest all the screaming and yelling for Bittrex listing.
Just hold your position and wait.
When the platform becomes open source, this is when larger exchanges will become available to PPT.
So this is the reason why Bittrex isn't listing PPT? That it is not open source?
Yes, the projects intention is open source, but the GitHub has not been made public yet, so technically it is not open source until the source is opened up to the public, which will happen during transition from beta to live.
When the platform becomes open source, this is when larger exchanges will become available to PPT.
So this is the reason why Bittrex isn't listing PPT? That it is not open source?
If indeed PPT is not a security (I agree on this, but others may loosely interpret it differently) and TenX being similar to security can still be listed in Bittrex, then someone needs to raise this with Bittrex to find out if they are just being biased.
Nevertheless, Bittrex listing means nothing in the long run.
Nevertheless, Bittrex listing means nothing in the long run.
Looks like you have no idea about the microstructure of markets, you should do you home work on Money Velocity Effects on Price discovery:
https://arxiv.org/pdf/1509.08503.pdf
https://export.arxiv.org/pdf/1709.01268
https://export.arxiv.org/pdf/1702.04443
https://arxiv.org/pdf/1509.08503.pdf
https://export.arxiv.org/pdf/1709.01268
https://export.arxiv.org/pdf/1702.04443
Getting listed in bigger exchanges has absolutely nothing to do with Money Velocity effect on price discovery.
Otherwise you can cite academic researches that prove getting listed in bigger exchanges will do just that.
Please don't use random occurrences as some scientific fact.
"Getting listed in bigger exchanges will spike the price" is as FALSE as "stock split will make the price go higher".
They come true NOT because they are driven by validity, but by self-fulfilling prophecy.
And here you are trying to say self-fulfilling prophecy is valid by quoting money velocity, which is total BS.
By the way, have you ever really gone thru the 3 links you provided?
Because they have nothing to do with money velocity, and they have nothing to do with getting listed in bigger exchanges.
Look, here's the real deal.
Bittrex cannot list PPT (and many other ICO tokens) because they don't want to list tokens that behave like securities that may imply investments (even though they have no problem listing currencies).
So you can either sell all your PPT or shut up about Bittrex listing (because such listing will never come).
You are barking at the wrong tree here.
You are correct inasmuch regarding price spikes from listing PPT on larger exchanges, but the reason why is not due to factors you raised, PPT is not a security, no dividends are paid, read the business plan: http://populous.co/media/Business_Plan_Populous_final.pdf
Quote
5.2.1 Buyback mechanism
The buyback mechanism serves a few purposes. Firstly, the buyback mechanism acts as an indicator that
the platform has generated enough working capital to repurchase the tokens and utilize a portion of the
cash and cash equivalent. Upon the buyback, there will be fewer tokens available in circulation, which
enables easier transactions with the PPT in the platform as there will be lesser congestion in the
network.
Illustration of the buyback mechanism
The buyback mechanism is illustrated with the following simplified example:
Imagine there is 10,000 PPT in circulation where you own 100, each valued at 1$, giving market cap of
$10,000. Assume that every 100 PPT lets you generate $10 per year for investing in invoices and every
year from Y2 onwards, 1000 PPT is bought back and destroyed.
The buyback mechanism serves a few purposes. Firstly, the buyback mechanism acts as an indicator that
the platform has generated enough working capital to repurchase the tokens and utilize a portion of the
cash and cash equivalent. Upon the buyback, there will be fewer tokens available in circulation, which
enables easier transactions with the PPT in the platform as there will be lesser congestion in the
network.
Illustration of the buyback mechanism
The buyback mechanism is illustrated with the following simplified example:
Imagine there is 10,000 PPT in circulation where you own 100, each valued at 1$, giving market cap of
$10,000. Assume that every 100 PPT lets you generate $10 per year for investing in invoices and every
year from Y2 onwards, 1000 PPT is bought back and destroyed.
When the platform becomes open source, this is when larger exchanges will become available to PPT.
Jump to: