Post
Topic
Board Announcements (Altcoins)
Re: [ANN] POPULOUS - Invoice trading platform | ICO l BOUNTY CAMPAIGN
by
Wrestlingshark
on 23/08/2017, 23:44:15 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.

So you assume that Populous is going to capture invoices totaling 3.5x the current market cap of all crytpo currencies? Yeah sounds reasonable. Lol.  

Umm it says example, the numbers I gave are made up to show an example.  I never said this is how much the total value of their invoices are going to be.  I was simply showing how the the relationship would work.  The point is the value of ppt is going to have to match value of the invoices.  Everything depends on how much of the market populous can capture.

Let's say I was actually using that as a real projected number.  According, to populous invoice financing is a 74 trillion dollar a year business, if true 1% of the the market is 740 billion.  I used 500 billion you don't think it's possible for them to capture .66% of the market? (Less than 1%).   This is a utility token much different than a crypto currency.  It provides a use case for a trillion dollar a year financial industry, comparing it to bitcoin is pointless.


But never know, they might not take any of the market share.