Post
Topic
Board Announcements (Altcoins)
Re: [ANN] POPULOUS - Invoice trading platform | ICO l BOUNTY CAMPAIGN
by
CoinMLS
on 29/03/2018, 22:16:25 UTC
So the market cap of PPT is about $550M.
If it takes 120% worth of PPT to buy an invoice and if the 50% of PPT token holders buy invoices, the maximum capacity of the platform would be approx $230M at the moment. This means that PPT needs a liquidity pool of this size to pay invoice sellers.

I can't seem to find any specific info on where this is coming from. Some have said that Nico has arrangements to borrow for this liquidity pool at a lower interest rate like 0.5%/month. However, if Nico is able to obtain a line of credit for $200M+, why wouldn't Nico just do everything himself and cash in on the spread?


In the interview he mentioned that there are many walls that prevent an average person to create a company like populous. The banks enjoy the monopoly they have over the market.

Except Nico - an average person - has created a company like Populous. The only advantage he has over someone like me - besides is deeper knowledge and background and conections in this industry - is the money he raised in the ICO.