Factoring is a 2 trillion dollar business worldwide.
Will Populous be taking invoices from all over the world? I heard they have a token backed by the British pound at the moment.
But lets say If they could tap into even one hundredth of 1% of the factoring trade thats 200 million.
And then say half of PPT tokens arent used on the platform.
So say 20 million on the platform.
Thats 12 dollars token right there.
Then when you factor in by backs and my very conservative numbers ... i mean imagine if they tap into 1/10th of 1%
Am I understanding this right?
Please confirm. Because if I am then this project is a must hold
This is slightly off topic but theres also another project Wagerr and illegal gambling is also a trillion dollar business. They say betting on the blockchain is safer and are focussing on sports betting. If they could tap into a small % that too could mean big gains when you factor in people holding and not using it on the plaform.