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Populous (PPT) and the Latest Drop
Populous is trading in red “thanks” to the latest change in its price. The fact that this currency suffered a fall in its price recently is no wonder since the last few weeks was a disaster for most currencies on the market. That is how we have seen even the giants like Ethereum and Bitcoin going down, while only a few currencies somehow managed to remain immune to these negative changes ravaging the crypto market. What do we know about PPT so far and what should we know for the time to come? Let’s see.
What is Populous?
Populous, or otherwise known as PPT, is a currency that works as a peer-to-peer platform, based on blockchain technology. The main idea behind populous is to help out small and medium companies and enterprises to find a way of obtaining a constant flow of money into their business. One of the biggest problems almost any small or medium enterprise faces at least once in a lifetime (unfortunately more than just once in reality) is the issue of late payments and difficult invoicing. It is shown that it is lost over 2 million dollars annually only in the UK in form of missed opportunities and non-responded invoices.
Selling unpaid invoices might be a bit hard these days, so Populous platform is there to help you out. So, whether you are having problems with short-term liquidity or getting paid for your services on time, you can find the answer to all those issues on PPT platform.
In case you have unsold invoices, you can easily upload them on the market within the Populous platform and wait for them to get sold so you can cover your losses. The platform uses smart contracts just like Ethereum, so making new business deals are also made easy and simple. You can in only a couple of clicks, seal the deal, send your invoices or upload your unsold invoices to the market where you can sell them.
However, before you are able to list your invoices and sell them on the auction, you must first make an account for your company and wait for it to get approved. This way, PPT is protecting all parties involved in the trading and using smart contracts for sealing business deals or buying unsold invoices. For this improved experience PPT platform is using Altman-Z score formula and XBRL.
How is Populous Doing at the Current Moment?
After having a pretty successful period over the last few months, where PPT currency was trading at over 30$ per one unit, this currency is now having a minor downfall.
Whether the fall is truly “minor” or it represents the beginning of series of drops in price is yet to be seen. For now, PPT is trading at 21.55$ per one unit. This is the case after the most recent drop in its price that concluded the price in the last 24 hours.
The initial drop was -8.99% against the dollar and a bit over -4 and -5 percent against BTC and ETH.
Although the drop cannot be considered as minor at this point, the latest drop in the price that affected PPT as well is not a strange case as most currencies were dropping during the last week that was at the same time the toughest week of the month for almost all cryptocurrencies out there.
It is expected that all these, or most of these currencies along with PPT, will eventually rise and bounce from current levels.
We will be updating our subscribers as soon as we know more. For the latest updates on PPT, sign up below!
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency.
Image courtesy of coinmarketcap.com
Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.
Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.
The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.
NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful…
2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for. While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory. When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion. But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.
I mention both of the above projects as they have each taken slightly different paths to achieve greatness. Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion. Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special. Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.
Cryptocurrency vs. Blockchain Technology
It’s important to make a distinction between blockchain technology and cryptocurrency. Although they are often used interchangeably, they are different. Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…
Altcoins
XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata
Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //
The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.
As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021.
“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.
He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”
Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”
Mr. Yamagata has…
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