![]() The circulating supply of PPT is the same as the maximum supply - 53,252,246 tokens. The remaining 67.6% have been distributed among investors and interested third parties. After the initial coin offering ( ICO), Populous founders and team received 32.4% of the total supply. All of these tokens have been minted and released to the public. Populous (PPT) tokens have a maximum supply of 53,252,246 PPT. How Many Populous (PPT) Coins Are There in Circulation? The network has attracted funding from big firms, such as Fireblue Capital. Populous transfers the process of lending money backed by invoices onto the blockchain, making it more scalable, faster, and easier for enterprises to use. Invoice selling is a relatively new financial tool that allows businesses to get loans on their outstanding invoices to use the underlying capital even if the customer has not yet paid the invoice. This means that the completely decentralized system charges significantly lower fees on liquidity loans and does not use intermediaries to facilitate the connection between lenders and borrowers. By introducing blockchain technology and smart contracts, the platform allows peer-to-peer interaction between businesses, lenders and invoice settlers. Populous aims to innovate the way liquidity is handled in small and medium enterprises. Sam Williams turned to other business ventures, founding The Trend View and Zloadr. Steve Williams graduated in philosophy from London Metropolitan University, and since November 2016, he is the acting CEO of Populous. Populous was founded by two twin brothers from south London Steve and Sam Williams. ![]() By providing short-term liquidity to enterprises through P2P lending, the network gives enterprises quick access to capital, which cannot be achieved by waiting for customers to settle invoices. According to the network’s official whitepaper, there is a need for liquidity in the sector, and Populous is trying to bring the solution. ![]() Launched in 2017, Populous is designed to enable peer-to-peer ( P2P) interaction between enterprises, boost liquidity and solve problems with working capital for SMEs.īy relying on blockchain technology and smart contracts, the Populous network facilitates decentralized communication between businesses and allows them to share liquidity pools. Populous is a network designed to offer small and medium-sized enterprises (SMEs) invoice liquidity for up to 90 days. ![]()
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