Post
Topic
Board Announcements (Altcoins)
Re: [ANN] POPULOUS - Invoice trading platform | ICO l BOUNTY CAMPAIGN
by
FreakyBiggles
on 07/11/2017, 08:40:37 UTC
Hello ecivfesrire and SemiSeriousInvestor,

Very good content and very impressed with the patience and effort in both of your communications. Even though I enjoy reading some of the funny stuff I like better to see good collaborative discovery process that benefits the whole community. I don't post much but read a great deal and soak up much. Maybe I should be SpongeBigglesSquarePants instead?

Anyway SemiSeriousInvestor - 5.2 "The exact value that is unlocked by the PPT will be announced in a future announcement." to possibly share my take on the PPT white paper section and most likely over-simplify the nature of the concept I have about it...

It seems possible the PPT "token" could have a reference value (poken exchange value) assigned to it for serving a function on the platform itself without necessarily translating that same value outside the system. Maybe the PPT could have a small/minor leverage advantage? This is just a guess but it would be possible (it's crypto after all) that pokens converted via PPT have a different translatable value outside the system but an advantage within when utilized for the purpose the platform is created for. Pokens obtained via fiat could potentially have a different conversion value back into PPT so as not to backdoor into PPT cheaper and still honor the equivalent fiat value at purchase. I think it's great that the platform is not closed to only PPT, and this gives me confidence in inherent future value of the token alone. Seriously though - this is just a guess. These guys are way smarter than me.

However, I believe the intent of Populous is to serve a function that mutually benefits both borrower/lender and the intent is for the main revenue to be generated from invoice factoring and not the speculation of the token. The tokens and platform are the mechanism for many little guys to realize the benefits from both directions for the sake of good business. I believe it will serve users even better the larger they can grow their lending ability if they are not whales at the start.

As for your other concern - 5.2.1 Buyback mechanism...
The way I take that is the people which envisioned this entire ecosystem have the vision to see the future of this platform. It strikes me that they already believe in it's potential and knew the capital it would take to ensure it's success. Additionally that they see the long term potential - not just a few years. They state upfront a unique business methodology of regaining the golden tickets from the open market (not destroying) which is the exact opposite of share dilution. If the PPT is on the open market nobody will know who is buying - or if that PPT will ever return to the market. I personally don't think the platform will suffer with less individual lenders though - and I bet the invoice factoring will grow steadily. There is probably a price at which I will sell mine - dunno yet - but not now. Without this platform I would never have the access to play in this sandbox. I am very eager to watch it evolve and learn as I do it.

Anyway guys, it was great to see good discussion going on. I hope my contribution is useful in some way.