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.
Actually, thought this too but FINALLY had Jahi at slack start answering my questions about how it works.
Here's how it works:
2 types of invoice buyers
1- PPT holders
2- FIAT buyers
The price of PPT is set by external exchanges so right now it's ED only but sounds like a big one is right around the corner.
*Populous will need both PPT buyers and Fiat buyers in order to service all of the invoices
*We won't competed directly with Fiat buyers as they are allocated invoices as needed so we don't complete and FIAT buyers are given invoices if PPT cannot handle
So, it comes down to getting on more exchanges and getting businesses to use Populous and Steve seems to be close on announcing news on both!
PPT to the 🌙!!