Topic: [ANN] POPULOUS WORLD - Invoice trading platform - PPT - page 230. (Read 277213 times)

That's not what it means.
It means any business that wants to sell its invoices needs to secure it with company debenture, director's guarantee, and/or insurance.
If anything screws up, the debenture/guarantee/insurance will take effect.
You are not buying any insurance.

Well, seems to me Populous team working hard and add new future in Populous platform every week or so. one of most important future is group-bidding.

We will be able to purchase insurance if the invoice isnt met within a given time frame

I read this,too.

I read that Populous take out insurance against default

  I personally can't ask for more... a partnership with a company that facilitates the purchasing of goods worth over £1b a year; they take a commission of 5%(£50m) and hopefully will be selling that on the PPT platform,instead of getting charged over 30% by the banks they'll only be charged single digits by us we're so kind. it's a win win for both parties;and you better believe others will take notice

Imagine if steve can clench a few dozen deals over in china


I know the chart isnt reflecting the news,why?  

1. manipulation? possibly.

2. the crypto world doesnt take notice of a tiny east london based finance/invoicing company  because it's boring and theirs no hype around it.


My conclusion

warren buffett said in regards to his investment ideology;that great wealth is made before the herd take notice. i.e berkshire hathaway


what you should do

ask yourself, what would warren buffett do?



 

Looks like a very interesting project, what do you guys think about their team?

If have not all details about this, lets say worstcase the money is lost, (and I not know exactly all plans POP to minimize the risk) then your investment is lost.(simple as that)

For this reason it is very important not to invest in a single or several invoices, spread out your PPT-Pokens over 20-50 investments.

POP introduced already into there Alpha-Software a feature called group-bidding where you can invest with a group of investors in a single invoice with small number of PPTs.
Do this on 20-50 group-biddings and you have minimized your risk, if one borrower can not pay you loose only a fraction of your invest and the other 99% invoives which pay-back plus interest will
pay back what you lost.

But there also other precautions you can take (together with that what POP will provide on top) :

Take
1) Borrower which is well known on the platform to pay back in time
2) Borrower which has good reputation
3) not a new Borrower
4) Borrower from a "good" industrie(Pharma-Industrie is better than as Nigthclub,  a little craftsman business is better than a newly opened webdesign office, etc ,etc
5) A invoice with > 25% interest  is also not a good sign...

Also I realized today that not more than 4-5 people that write here have realized the dramatic opportunitie of Populous for us.
The rest of the people may have only understood 10-70% what Populous is doing, and what the value of PPT is.

We are here all pioneers into a complete new universe of opportunitie ! Do not let the little things distract you, and never forget - HOLD , HOLD  and HOLD
Its a opportunitie of a life time.
 

Populous seems legit thing I grabbed few more token just to offload some other tokens because this will go more high. This system truly awesome once this platform will go live for invoice trading than this market will grow over $1b from my point of view it is really secure at the moment.

I can't reach the website at the moment.
But it was stated so in the whitepaper, and confirmed by Steve Williams in the Slack channel some long time ago.

Yes, but they are aleady speeding up things

Populous Platform‏ @BitPopulous  25 aug.
We love pressure, that is why we are also bringing our beta and launch date forward.

The current prices are absolutely bargains. When PPT gains more traction and more people find out how this can generate them passive income, we will see these prices in our rear view mirror.

Thanks...can you pls point me to the part in the whitepaper you just mentioned above? not able to locate it.

The same here, I was lucky, I already sold each PPT for 0.021 ethereum 25-30 days ago on etherdelta. I never bought them back. I don't trust the owners. They made disappointments during their bounty campaign and they didn't keep their promise.

Be careful if you're an PPT holder.

Interesting question let's how team will increase the security on this issue I think the team know about this issue as the some extra fields required with more details so that only verified people will be able to take loan.

We must remember we are still in ALPHA stage correct? This is very early on in this project so we should all be patient and give the POPULOUS DEVELOPMENT area time to make things happen. I think the price is still relatively cheap and perhaps it is a good idea to purchase more at this time before the BETA phase is rolled out.

No idea. The team should give some clarity on how that 1 billion will relate to Populous' project.
And also on where this "1 billion" figure is plucked from.

From the whitepaper, there are 3 ways to secure the loan, i.e. debenture, director's guarantee, and insurance.

I suspect the kind of invoices they will be attracting will be high-quality stuff, which should be good as Populous should not risk being a brand name that sells junk invoices.

hope that , but i think there was a lot of work , PPT now is  only a eth token , the ppt team should keep hard work ,i sure it will come true not only a best wish.

My question wasn't about the Luxure or how siginificant the achievement is...just wanted to understand how populous lending works with Luxure.

Jahigrant has much room to improve his level of professionalism.
But that does not mean the project is scammy.

If the team can conduct themselves professionally, then the future will be easier for the project.
Conducting themselves professionally means they will be able to approach more business segments and people.