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Populous (PPT) and the Latest Drop

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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

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Reasons Why You Are Much Safer When Crypto Trading on Dexes

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While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.

During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

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Crypto Billionaire Predicts Massive Price Growth by 2021

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crypto billionaire
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Crypto prices are once again going up, and Bitcoin has just passed a major resistance level at $6,000. With a situation like that, it is not surprising that everyone in the crypto community is looking forward to the future, wondering what to expect in years to come. Many experts have already given their predictions, some more optimistic than others, but almost all bullish.

Crypto billionaire Mike Novogratz has always been very supportive of cryptocurrencies, and very bullish on Bitcoin. He recently stated that he sees the coins’ prices triple in the following 18 months, meaning that Bitcoin’s return to $20,000 might not be far away, according to him.

He noted that Bitcoin is back to $6,000 after its price hit as low as $3,100 only a few months ago. These days, Novogratz does not believe Bitcoin will return to such lows unless there is a devastating exchange hack or a major shift in regulations. Of course, there was a big hack that had the potential to damage the coin’s price, only days ago. The world’s largest crypto exchange by trading volume, Binance, saw a significant security breach which resulted in a theft of 7,000 BTC.

However, so far, the coin did not react negatively to this incident. While Novogratz believed that such an event would shatter the new confidence in BTC, it simply did not happen. However, he…

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Altcoins

TokenRoll (TKR) Platform Will Take Online Casinos to the Next Level

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TokenRoll
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Corporate executives are turning to blockchain technology more than ever in an attempt to revolutionize the business world.  Although blockchain is still a relatively new concept, that hasn’t stopped more and more companies from jumping on the bandwagon.  This hot new technology has quickly gained a reputation for providing greater transparency, enhanced security, improved traceability, increased efficiency, and low costs.  One industry that could certainly benefit from decentralization is the online gambling market, specifically, online casinos.  TokenRoll (TKR) has developed a platform that appears to offer a promising alternative to centralized casinos.

Problems with Centralized Casinos

The primary reason why blockchain technology is being implemented so quickly is because it solves a lot of the problems typically associated with the traditional business model.  And online casinos are no different.  It still needs to be said that centralized casinos have proven that there is a great demand for online gambling.  The market is growing faster than anyone could have predicted, and future opportunities appear very promising and lucrative.  But industries are continually evolving and this one is no different.

A few of the problems facing centralized casinos include the following:

  • Little to no transparency
  • Consumer lack of confidence
  • Privacy concerns
  • 48-72 hour wait time for withdrawals

These are four monumental issues that need to be addressed quickly given the global growth of the market.  Casinos need to…

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