HOW TO INVEST IN POPULOUS
An Investment in Populous
Poken is the in-platform currency used in the Populous trading platform. It is similar to Ethereum, in the sense that Ethereum is not the currency but rather the platform for trading the Ether currency.
Populous is a global P2P (peer-to-peer) invoice discounting platform built on blockchain technology. They combine the trust, transparency, security, and speed of blockchain with their proprietary smart contracts to directly pair invoice sellers and lenders to transact directly and without third parties.
Their proprietary smart contracts reduce risk by utilizing XBRL data, Altman Z-scores, and other data to ensure the strong financial credit worthiness of businesses that want to sell invoices.
The flow of funds within the platform are made possible through the use of custom stable currency tokens called Pokens. Pokens are pegged 1:1 with the national government currencies involved in a given transaction. For example: £8 GBP are represented by 8 Pokens (GBP). All transactions between invoice buyers and sellers are executed via Pokens.
Since Pokens are ERC20 compliant, they allow you to take full advantage of the smart contracts on the Ethereum blockchain. The use of the custom stable Pokens shields the invoice buyers and sellers from market volatility. They also allow you to support currencies from any part of the world without the need of third parties.
Populous: A company on the rise
Populous is trying to compete in the accounting finance industry where there will be two primary drivers of growth: targeted acquisition through XBRL and organic growth.
There are currently 3 million companies on the Populous XBRL database.
They are building a platform in which companies can list their invoices and investors can fill them with their tokens and earn interest on the invoices. When the invoices are filled, the PPT tokens are returned to the investor in addition to the interest earned. So essentially your money invested into the tokens will not only appreciate in value, but they’ll also help earn you money while they’re sitting around in your portfolio.
INVEST IN POPULOUS
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HOW TO INVEST IN POPULOUS
If you’re wondering ‘Where Can I Buy Poken?’, or ‘How Can I Invest in Populous?’ – You couldn’t have come to a better place. We offer cryptocurrency IRA accounts and most would consider Poken as our specialty. We have experts on staff to help you understand Populous, walk you through the Poken buying process, and even allows you to fund your Poken IRA account with an existing fund such as your IRA or 401k.
Reach out to us today and learn more about investing in Populous, the long-term value in Poken, and most importantly, open your Poken account with CryptoWallet IRA!