Populous' Beta set to go live May 1. The purpose is to monitor the performance of the platform and decide if it's OK to start accepting the massive influx of PPT holders. During beta period a few PPT holders will be selected to benefit from being able to trade a live invoice from real companies. To do that, PPT holders can pledge their PPT for Poken and then use it to purchase a pre-selected single invoice on the platform. The purchase of real invoices helps business with short-term cash flow and makes use of Populous XBRL data.
The platform will open access to a gradual roll-out of invoices during the beta for the start. As it prepares to be opened to the general public invoices will be ramping up in volume. Built on the blockchain technology, Populous allows global investors to bid real-time on invoices to provide them with competitive prices, compared to more centralised competitors of invoice discounting platforms.
At the moment of publication, Populous market characteristics are as follows
- Average price: $16.08
- Market cap: $595,113,562
- Volume (24H): $1,885,120