For Lazy or To the point readers :
PPT
Long : 0.001580 or Below (Step buy orders upside)
Take Profit : Step short orders
T1 : 0.0018
T2 : 0.0020
T3 : 0.0022
T4 : 0.0030++
Risk : Lowest ( Safest route Investment)
Term : Short / Mid ( Depending on the Total Market Volume )
Invest : 10% or more of Your Portfolio
Fundamental / In-Depth Analysis :
How does Populous work?
On Populous, buyers and sellers exchange invoices through auctions using smart contracts. To sell an invoice, you first need to register your company. You then have a hold on your account until you receive approval from the Populous administrator.
Once the administrator approves you as a seller, you can submit an invoice and set a minimum sales goal. This also needs administrator approval.
XBRL (eXstensible Business Reporting Language)
Populous analyzes the credit risk of invoices by using the Altman Z-score formula on real-time XBRL data. This data is publicly available and includes business information such as the value of debtor’s, the amount of cash on hand, and the creditors that are due within a year.
Altman Z-score Formula
With the extracted XBRL data and the Altman Z-Score formula, the Populous team has created their own in-house credit rating system. Because of this, they have no need for an external credit agency which saves them a significant amount of time and money.
The Altman Z-score Formula is a financial modeling tool that determines three risk factors:
Probability a business will be bankrupt within 2 years
Whether the business will default on obligations
Control measure for financial distress
Beyond evaluating invoices, Populous uses these two sets of data to target companies in need of cash flow and filter out business applicants who aren’t a good fit for the platform.
Whether the administrator rejects or approves the invoice sales inquiry is determined by the Altman Formula credit score.
The invoice auction begins once your invoice is approved, and it lasts for 24 hours. There are only three possible ways for an auction to end:
A successful auction occurs, and a bid matches your sales goal within the 24-hour period
24 hours pass and no bid meets the sales goal requirement. In this situation, you can either accept the best bid available, cancel the auction, or restart the auction again.
You terminate the auction early. When doing this, you can completely cancel the auction, or you can accept the best bid available.
Upon successful completion of an auction, the seller receives the funds from the buyer in the form of Pokens, the digital currency within the Populous platform. Sellers can then exchange these for fiat if they wish.
All buyers who lost the auction will have their funds returned to them. Cancelled auctions also result in the return of funds to buyers.
Trading
The Populous team held their ICO in July of this year in which they raised over $10 million. After the ICO, the PPT price remained relatively stagnant between $2.00-$4.00 (~0.0005-0.0007 BTC) until November. Since then, it’s steadily risen to hit an all-time high
Conclusion
Populous is a young project with a lot to prove. Although the team doesn’t have as much experience with blockchain technology as others, it’s a good sign that they’ve already formed a strategic partnership with a large scale client.
The beta release will be a big stepping stone for the team as excited investors will finally be able to try out the product.
The current market cap of the project is significantly higher than other cryptocurrency projects that are targeting much larger customer bases. The recent announcement of the Populous Data Platform is a strong move that may help to extend their market reach, though.
PPT
Long : 0.001580 or Below (Step buy orders upside)
Take Profit : Step short orders
T1 : 0.0018
T2 : 0.0020
T3 : 0.0022
T4 : 0.0030++
Risk : Lowest ( Safest route Investment)
Term : Short / Mid ( Depending on the Total Market Volume )
Invest : 10% or more of Your Portfolio
Fundamental / In-Depth Analysis :
How does Populous work?
On Populous, buyers and sellers exchange invoices through auctions using smart contracts. To sell an invoice, you first need to register your company. You then have a hold on your account until you receive approval from the Populous administrator.
Once the administrator approves you as a seller, you can submit an invoice and set a minimum sales goal. This also needs administrator approval.
XBRL (eXstensible Business Reporting Language)
Populous analyzes the credit risk of invoices by using the Altman Z-score formula on real-time XBRL data. This data is publicly available and includes business information such as the value of debtor’s, the amount of cash on hand, and the creditors that are due within a year.
Altman Z-score Formula
With the extracted XBRL data and the Altman Z-Score formula, the Populous team has created their own in-house credit rating system. Because of this, they have no need for an external credit agency which saves them a significant amount of time and money.
The Altman Z-score Formula is a financial modeling tool that determines three risk factors:
Probability a business will be bankrupt within 2 years
Whether the business will default on obligations
Control measure for financial distress
Beyond evaluating invoices, Populous uses these two sets of data to target companies in need of cash flow and filter out business applicants who aren’t a good fit for the platform.
Whether the administrator rejects or approves the invoice sales inquiry is determined by the Altman Formula credit score.
The invoice auction begins once your invoice is approved, and it lasts for 24 hours. There are only three possible ways for an auction to end:
A successful auction occurs, and a bid matches your sales goal within the 24-hour period
24 hours pass and no bid meets the sales goal requirement. In this situation, you can either accept the best bid available, cancel the auction, or restart the auction again.
You terminate the auction early. When doing this, you can completely cancel the auction, or you can accept the best bid available.
Upon successful completion of an auction, the seller receives the funds from the buyer in the form of Pokens, the digital currency within the Populous platform. Sellers can then exchange these for fiat if they wish.
All buyers who lost the auction will have their funds returned to them. Cancelled auctions also result in the return of funds to buyers.
Trading
The Populous team held their ICO in July of this year in which they raised over $10 million. After the ICO, the PPT price remained relatively stagnant between $2.00-$4.00 (~0.0005-0.0007 BTC) until November. Since then, it’s steadily risen to hit an all-time high
Conclusion
Populous is a young project with a lot to prove. Although the team doesn’t have as much experience with blockchain technology as others, it’s a good sign that they’ve already formed a strategic partnership with a large scale client.
The beta release will be a big stepping stone for the team as excited investors will finally be able to try out the product.
The current market cap of the project is significantly higher than other cryptocurrency projects that are targeting much larger customer bases. The recent announcement of the Populous Data Platform is a strong move that may help to extend their market reach, though.