What is Populous (PPT)? Populous in an invoice financing company that provides liquidity to businesses.

What Is Populous (PPT)?

Populous is a blockchain-based invoice financing marketplace that offers peer-to-peer (P2P) loans for small businesses by connecting them to potential lenders. All transactions are issued in cryptocurrency and recorded on the blockchain. This form of financing offers instant capital against future earnings, but pricing can be high, and it’s equivalent to payday loans and other forms of predatory lending.

Who Is Populous?

Populous was developed in London, England in January 2018 and a public beta launched by May 2018. It was created by Founder and CEO Stephen Williams, and the Populous Foundation still maintains and operates the blockchain.

Use Cases of Populous

Populous focuses in invoice financing. This is a $3 trillion market where businesses receive liquid cash based on future sales and revenue generation. It relieves painpoints for small business owners, but it comes at a cost. Invoice financing is often compared to payday loans for consumers. The price can be worthwhile if the only other option is selling or closing the business.

How to Mine PPT and PXT/PXBRL

None of the Populous cryptocurrency tokens can be mined. They are earned by staking coins. Staked coins finance invoices and earn portions of the interest and fees paid for the loan.

Learn More About Populous

If you want to learn more about Populous, I wrote a full coin intro guide at Crypto Briefing. Or you can learn more about other cryptocurrencies across Thought for Your Penny.


Dr. Brian Penny is a former Business Analyst and Operations Manager at Bank of America turned whistleblower, troll, and freelance writer. You can find his work in Cracked, High Times, HuffPost, Lifewire, Forbes, Fast Company, and dozens of other places, although much of it is no longer under his name. Dr. Penny loves annoying fake media.

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