Post
Topic
Board Announcements (Altcoins)
Re: [ANN] POPULOUS - Invoice trading platform | ICO l BOUNTY CAMPAIGN
by
ka82
on 23/08/2017, 22:06:56 UTC
Am I wrong in thinking that the price of ppt on the exchanges does not matter?  The real value of a ppt token is going to be the total dollar value of the invoices on the platform divided by the number of ppt tokens.  The value of the tokens have to equal the dollar value of the invoices to service all the customers.  

Example: $500 billion in invoices / 52 million ppt = $9,600/ppt token

The value of ppt is actually going to be driven invoice investors not ppt traders.

If I am missing something let me know.


Well, at this time while their platform is not working the price of PPT depends on the demands on different exchanges (as investors think this project is going to work and they project there's a massive opportunities in it). since at this time only 2-3 exchanges offer ppt then it makes a difference if it will also be offered in Bittrex, Poloniex, or kraken. some people don't want to try new exchanges such as etherdelta simply bc they don't have time to learn about it or they just want to buy it by cash from Kraken (e.g.)

I'm trying to buy some ppt from etherdelta but it hasn't been successful yet. the design of the site is not very well done which causes confusion for someone who wants to trade

When it gets to a point that SMEs can actually use the platform to finance invoices then demand from both sides of lender and borrower contribute to ppt valuation.

does it make sense?