Key metricsKey metrics
PricePrice$0.6453
Asset TypeAsset TypeProduct
StructureStructureFor Profit Company
Project StatusProject StatusPrototype
OwnershipOwnershipFree
SectorSectorInvoicing
IndustryIndustryBlockchain
FoundedFounded23-Jun-2017
Funds raisedFunds raised10.2M
CountryCountryUnited Kingdom
Key personKey personDarren Williams

Populous (PPT) Information{coin_name} ({symbol}) Information

Invoice discounting for a new era.

Populous is 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.
Suspected Scam
https://steemit.com/populous/@rob.roche/populous-fraud-the-habitual-lying-of-ppt-ceo-and-convicted-fraudster-steve-n-ico-williams

Team OverviewTeam Overview

Steve Nico Williams
Founder, CEO

Experienced in market research of commercial data and analytics. Founded a business to analyse market data and businesses analytics. Stephen was also the founder of a market financial research company that provides financial data.

Wisdom Oparaocha
CTO

Wisdom is an Expert smart contract and React/Redux software developer with over 8 years of experience in various programming languages and platforms. These experiences extend to development of applications such as web-based trading systems, desktop-based, including several projects within the FinTech industry.

Jason Tuang
Head of Finance

Experienced in the review of statutory financial statements to ensure compliance with applicable auditing and accounting standards with valuable experience in the assurance industry. He is an accredited ACCA Chartered Accountant who also earned his MBA at Cass Business School.

Jahi Grant
Company Secretary

Background in trans-media, technology and design. Currently focused on cryptography, fintech, cryptoeconomics and distributed network/application initiatives.

OrganizationsOrganizations

Populous World Ltd.

Company NumberCompany Number Company Number : 10458726
57 Berkeley Square, London W1J 6ER

Questions and AnswersQuestions and Answers

What is Populous?
Populous is a P2P invoice discounting platform that connects invoice sellers with invoice buyers who provide short term liquidity. The Populous platform hosts the invoice marketplace where buyers will compete to fund an invoice seller.
What is the difference between "discounting" and "factoring"?
In "discounting", payment on invoice due date is made by the invoice seller whilst in "factoring" payment is made by the invoice seller’s customer. However that does not mean that Populous cannot collect directly from the invoices seller’s customer if necessary.
Does Populous own invoices?
No, invoices are owned by the invoice seller, they are temporarily sold to invoice buyers, and revert back to the owner once invoice seller has paid back agreed amount.
What is a Liquidity Pool?
The Liquidity Pool are the funds that will finance the short term liquidity needs of the invoice sellers.
What happens when I make late payment?
A charge, with the rate set at time of trade, for late payment will be incurred on a daily basis and compounded every 30 Days.
Are there any restrictions on industries which can sell invoices on Populous?
The Populous invoice marketplace is open to industries not normally available at traditional financing companies. These include freight and transportation, oil and gas, staffing, construction companies, recruitment agencies, retailers, wholesalers, software licensers, consultancies, technology companies, creative agencies, and exporters.
Which countries does Populous currently support?
Populous currently supports the United Kingdom and the China/Hong Kong markets. If your invoice originates from any of these two countries then you can sell your invoice on Populous.
Do I need to go through KYC procedures?
The Populous platform utilises 2FA (two factor authentication) for user login, in the event of you needing to recover access to your account the KYC data you submitted will be used for you to recover access to your account.
How does Populous assess the validity of my business?
Populous carries out a background check on all invoice sellers for applicability. By submitting the required information, Populous can conduct credit risk analysis using the XBRL dataset which form the backbone of the assessment.
How do I make repayment when invoice is settled by my customer?
You can deposit fiat via a bank transfer from your company bank account to Populous Platform Ltd.

TechnicalTechnical

Key metricsKey metrics
PrivacyPrivacyPseudonymous
AlgorithmAlgorithmEthash
ProofProofProof of work
Token InformationToken Information
Populous is a token on the ETH platform using the ERC-20 standard. The address of the token contract is 0xd4fa1460F537bb9085d22C7bcCB5DD450Ef28e3a.

Source Code Repositories

bitpopulous/populous-smartcontracts 27 Stars 9 Contributers 6 Open Issues

Smart contracts for platform

bitpopulous/eth-connect 5 Stars 8 Contributers 2 Open Issues

bitpopulous/community_reviews 4 Stars 0 Contributers 527 Open Issues

Reviews, modification and functional requests, issued by Populous community.

EconomicsEconomics

Tradeable CoinsTradeable Coins
53,252,245 (100% of total) ({tradeable_of_total} of total)

Rich List Addresses holding the largest balances

AddressAddress AmountAmount NameName
0xee155572635ae7d1f4e30ec3179ce65b5342cb17 14,070,752.1 Populous: Wallet 2
0xbe0eb53f46cd790cd13851d5eff43d12404d33e8 5,927,926.76195
0x40c26de1dc7089546dbf1f036ce7f399b7b96198 2,525,000.00354
0xc3880a8d93486d031213022333b36ac37f41973a 900,958.08007
0x69301396165ebf9a3c3b2674df9056f1778be583 800,000
0x6cc5f688a315f3dc28a7781717a9a798a59fda7b 614,346.03147 Okex 1
0xb912a7d04d53d55bcd05fcd40b30e0cbf93df882 600,818
0x8a9702d5d0f6b2d573a680374f67fbcddc46e8ea 564,245.30725
0xde854a6587f48e39bf462268e2c1985fe7db71de 541,496.43708
0x852293055a18873293707aedee7dde1b8a7f8395 473,062.02614
0x7c5f91401af5d271378f30592069d8687def147f 450,020
0xeed70916bd4cf5fdad9f55e644c4de83c8cec94c 400,000
0x4927f5495bacb6cb2a444bf4c818f84d596486db 256,799.47429
0x8c235299096bef3424f9f76b39c9b9a133338a8b 222,818.1818
0xe32ea43ee8670a04cd679c3bdde672188a11511f 218,651.8578
0x2b436807504fda94cc09c3a6c039072c937f1bfe 200,539.22099
0x3f5ce5fbfe3e9af3971dd833d26ba9b5c936f0be 181,163.14207 Binance 1
0x32e567e8b527d3194c60ea3c6a5c009d58a0b36d 181,057.31874
0x0203d9e8077b180ea1360797bab627e2c094eb9a 179,422.7183
0x1c76f494fde175655e55e9b50f2d7a159219dc9b 171,379.06562

Exchange Markets

ExchangeExchange MarketMarket PricePrice DiffDiff Volume 24hVolume 24h SpreadSpread Spread $1kSpread $1k
Binance PPT/BTC $0.6457 0.06% $281,987 0.18% 1.1%
Binance PPT/ETH $0.6424 -0.45% $39,251 0.81% 3.7%
Lykke PPT/BTC $590.28 91,000% $0.0000 100%
Lykke PPT/ETH $0.5721 -11% $0.0000 39%

Latest Populous NewsLatest Populous News

Populous World on Twitter

https://t.co/GTU1OAFwsH #investors #invest #factoring #invoicefinance

Populous on Twitter ReadRead 

Populous World on Twitter

Join our pool of invoice buyers and start maximising your investment portfolio and generate higher returns every 30 days! To purchase invoices: https://t.co/Jjb7nO7HIh #factoring #invoicefinance #invoicediscounting #invest

Populous on Twitter ReadRead 

Populous World on Twitter

Finding the right platform to avoid a disruptive impact of charges is key when deciding in which investment to buy into. The beauty of PIP is that we have built a platform to facilitate P2P lending, that is not only easy to use but is also a swift process for invoice buyers.… https://t.co/s1iyfdZ7LX

Populous on Twitter ReadRead 

Brian Caplen on Twitter

#SMEs will play an even bigger role in the new economy. #Banks need to raise their game. Editor's blog https://t.co/iMFSDKmatM… https://t.co/Qo4K3JgSkB

Populous on Twitter ReadRead 

Populous World on Twitter

Populous World Invoice Listing Update: Invoice ID: RmtYadZpdb6Yd89bN Invoice Value: £109,976.90 Link: https://t.co/Jjb7nO7HIh @BitPopulous #ethereum #invoicefinance #factoring #invoicediscounting

Populous on Twitter ReadRead 

Populous World on Twitter

Populous World Invoice Listing Update: Invoice ID: 4iD5wS6zcKTv8dsSq Invoice Value: £1,251.00 Link: https://t.co/Jjb7nO7HIh @BitPopulous #ethereum #invoicefinance #factoring #invoicediscounting

Populous on Twitter ReadRead 

Populous World on Twitter

Populous World Invoice Listing Update: Invoice ID: w4pBYoiTwiPW5yZ2y Invoice Value: £22,815.36 Link: https://t.co/Jjb7nO7HIh @BitPopulous #ethereum #invoicefinance #factoring #invoicediscounting

Populous on Twitter ReadRead 

Populous World on Twitter

We believe that an enjoyable way of seeing your money grow is by combining investment with empowering entrepreneurship. Providing SMEs with working capital enables new opportunities, plan for growth and maximises sustainability. #invoicebuyers #invoicediscounting #factoring… https://t.co/BuStMQIxm2

Populous on Twitter ReadRead 

Populous World on Twitter

Populous World Invoice Listing Update: Invoice ID: QFNBLYMW35veN4WRo Invoice Value: £27,098.15 Link: https://t.co/Jjb7nO7HIh @BitPopulous #ethereum #invoicefinance #factoring #invoicediscounting

Populous on Twitter ReadRead 

Populous World on Twitter

Populous World Invoice Listing Update: Invoice ID: ebe2jeCcz2PrExZ65 Invoice Value: £9,724.64 Link: https://t.co/Jjb7nO7HIh @BitPopulous #ethereum #invoicefinance #factoring #invoicediscounting

Populous on Twitter ReadRead 
This information is provided AS IS and is not adviceThis information is provided AS IS and is not advice. May contain errors or omissions. Please always do your own research before trading.May contain errors or omissions. Please always do your own research before trading.
;