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populous  (PPT)

Populous (PPT)

$3.66 -8.2%
0.00007552 BTC -3.7%
0.00094077 ETH -5.0%
4,075 people like this
Market Cap
24 Hour Trading Vol
24h Low / 24h High
$3.64 / $3.99
Circulating Supply
36,226,899 / 53,252,246

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Populous Price and Market Stats

Populous Price
PPT Price $3.66
Populous ROI 1365.2%
Market Cap $132,544,018
Market Cap Dominance 0.01%
Trading Volume $5,712,600
Volume / Market Cap 0.0431
24h Low / 24h High $3.64 / $3.99
7d Low / 7d High $3.74 / $5.31
Market Cap Rank #326
All-Time High $75.19 -95.1%
Jan 28, 2018 (over 3 years)
All-Time Low $0.146812 2396.4%
Mar 13, 2020 (about 1 year)
Affiliate disclosures
# Exchange Pair Price Spread +2% Depth -2% Depth 24h Volume Volume % Last Traded Trust Score
0.00007481 BTC
0.47% $16,060 $43,447
333093.038 PPT
21.16% Recently
0.00007604 BTC
0.9% $13,969 $35,258
462.610 PPT
0.03% **about 1 hour ago
0.00007507 BTC
1.61% $14,998 $22,950
134960.000 PPT
8.60% Recently
3.666 USDT
1.89% $1,032 $2,452
782358.298 PPT
50.40% Recently
0.00007558 BTC
0.48% $6,423 $5,033
66316.070 PPT
4.26% Recently
Show More
* Anomaly - Trading price is an outlier against the average
** Inactive - No trades in the last 3 hours

About Populous Coin

Populous price today is $3.66 with a 24-hour trading volume of $5,712,600. PPT price is down -8.2% in the last 24 hours. It has a circulating supply of 36 Million PPT coins and a max supply of 53.3 Million. Binance is the current most active market trading it.

Populous is a peer-to-peer invoice platform founded in 2017 at a high point in the blockchain and cryptocurrency craze. It makes use of blockchain's distributed ledger technology to provide a global trading platform for invoice financing. According to the Populous website, "invoice finance is a form of funding that instantly unlocks the cash tied up in outstanding sales invoices. Business owners allow invoice buyers to buy invoices at a discounted rate in order to unlock their cash quicker. Once invoices are paid by the invoice debtor, the invoice buyer receives the amount previously agreed upon."

In order to offer funds to invoice sellers, Populous maintains a Liquidity Pool. This is tied in with the Populous cryptocurrency (PPT). An investor securitizes PPT by making an initial purchase. PPT is then held in escrow as collateral throughout the process. Transactions between invoice buyers and sellers take place with Pokens, exchanged for PPT and used as the currency for buying and selling invoices, either drawing from or contributing to the Liquidity Pool in the process. As a result of this built-in liquidity component, Populous at this point requires no transaction fees. In fact, the only fees levied are those associated with late payments. Populous invoice transactions can cover a huge array of industries, including many which are not typically available to traditional financing companies.

The PPT tokens not released during the ICO were retained by the founding and development team. PPT can either be held or used as collateral to invest in Populous invoices. In exchange for collateralizing, you’re given an amount of Pokens based on a percentage of market value. Currently it’s the lesser of 50%, or a 30 day market average. These are automatically used to purchase an invoice. If the invoice is repaid, you receive both your PPT investment and Pokens profit.

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