What Is Populous?
The project was founded in the year of 2017 and has issued their Populous profit sharing token.
Populous seeks to bring the world of invoice finance to the emerging world of blockchain. Populous
is based on the blockchain of Ethereum and it seeks to serve the markets of trade and invoice
A key integration of the Populous platform is the fact that they have added the feature of smart
How does Populous work?
Populous exists because of the fact that business need to have cash flow to survive, sometimes they
aren’t paid immediately and can’t wait to get what they are owed to keep their business going. In
these cases, they will opt to receive funding that is equivalent to the value of their invoices. They
collect the money and then pay back the funding with interest as soon as they can.
The invoice factoring sector is a significant portion of the market and it provides great value to
many businesses who possess invoices and seek financing. This sector is said to be a multi trillion
dollar per year industry, thus making it a potentially lucrative industry to be a part of.
The Populous platform allows for companies to list their invoices and investors who want to come
in an invest in these invoices through their tokens. These investors are able to benefit by earning
interest on the investments that they’ve made and companies are able to have immediate cash flow.
When companies finally are able to receive the revenues that they are owed for the invoices, they
then give back the PPT tokens that they’ve been lent from the investors, plus the interest, then
complete the transaction.
This gives the investor two benefits, they are utilizing their PPT tokens and having them grow in
value through the demand and general market forces. Secondly, when lent out, they will also be
For the platform to grow, they would need to have investors, plus companies that are looking for
Populous works due to the technologies and functionalities of iXBRL, Smart Contracts,
Stablecoins and more. The project seeks to create connect investors, lenders and small
Populous has seen the potential for the aggregation of data in the realm of finances and
has tackled a specific sector within that that market.
The History of the Team
The leader of the project has been in the industry for a while and has completed his own XBRL
program to evaluate companies that want the loans.
Hence, the company has experience in dealing with this territory.
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