A P2P (peer-to-peer) invoice discounting platform that is globalising what is currently a localised and limited market sector. It is a global invoice trading platform built on Blockchain's distributed ledger technology.
Populous actually has two tokens:
1. PPT token - PPT serves as an “access token” which means you cannot use the Populous platform unless you hold PPT tokens.
2. Pokens - It only exist and can be used within the Populous platform itself. Pokens are what are used in the transactions between buyers and sellers. These pokens can be exchanged for strong, reputable cryptocurrencies like BTC, or for fiat currency.
Basically, you buy PPT, convert your PPT for Pokens inside the Populous platform, and place bids on invoices with those pokens. If you win the bid, you pay the seller with pokens, and when the invoice is due, you receive the payment.
I have this article for you guys to learn how PPT really works: https://medium.com/faast/is-now-a-good-time-to-buy-populous-ppt-4cb31e7c856e
Good job man. This explains well. Traditionally, invoices are only bid upon within countries, and not across borders, due to differing legal systems.