Hello Everyone,
I'm thinking about investing all my savings and buying about 600 PPT but I have a few questions. My apologies if they are dumb, but I would sincerely appreciate if anyone could help me out:
1-Since the PPT token runs on the ethereum platform, what would happen if ethereum was ever "killed" by another platform such as EOS. Would Populous be able to switch over and still function ?
2-PPT holders are paid in pokens..but is it safe it assume that holders can use the pokens to compound their interest and increase their PPT amount every year(ex:600-900-1350). I assume a lot of people would do this. Wouldn't the supply of PPT quickly run out very quickly?
3-Are there any rumors about any companies partnering with PPT
First
Don't invest money you can't afford to lose. It is considered to be unwise to invest solely in 1 venture, you can balance your risk by making PPT your primary investment, but not it's entirety. ( THIS IS ADVICE )
1. Ethereum cannot be brought down, it can lose popularity. But as long is it's mined, and facilitates tokens, the network will probably grow.
2. You can convert your pokens to any digital commodity you like, be it dollars, yen, btc or more PPT at it's current market value. After the contract ends.
3. Don't invest based on rumors. Follow the project on twitter to stay updated on any new information.
Also 2 other startups are building an invoice financing system using tokens on the blockchain. One of them has already completed their ICO and is rumored to hit exchanges in 2 days.
I advice you to do more market research before you go 'all-in'.