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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on Populous by LUIS RIVERO R

Revainrating 3 out of 5

PPT, the platform that enters a good market.

In general, PPT is a de-centralized financing platform based on blockchain. With the financing of invoices connecting buyers and negotiators directly reducing costs by interconnecting them globally directly.
-It is a B2B future investment program, offering the possibility of raising capital for your company quickly and with a good financing rate.
-Because PPT can be classified as an investment company, it is necessary to clarify that it does not have specific regulations for this market, which can be a disadvantage for users.
-The total system depends on the payment of debts by the debts, an inconvenience could bring down the entire system, remembering that it is mostly based on the credibility and trust that the user gives Populous.
-Your Token has been one of the ones that has had the most losses from its highest point, to date it has only remained at a constant drop in its price.
 
Its main problem is that there are already traditional loan platforms, that is, banks that assume these loans and the consequences that this brings. But in PPT it is not well defined who will be part of the borrowers, for now the only support is its token and platform.
* For now I am not very adept at this business model based on bockchain, the conditions that allow establishing this type of loan mechanisms are not yet given, however the project is very ambitious and these are the changes that make them believe great Business. So PPT has a long way to go, I hope it really fulfills its role and does not cool down like other projects that emerged in the BOOM de las Icos



Pros
  • Platform already in use.
  • Possibility of obtaining loans at a low price for the financing of invoices.
  • Loan settlement quickly.
  • Study of probability of payment automatically, using AI and various models.
  • Highly competitive rates
  • The approval is done as quickly as possible in approximately 48 hours, an answer is given.
Cons
  • Fiat money backup is made directly with stable cryptocurrencies attached.
  • It does not have its own chain, it is based on an ERC20 token.
  • There is no clarity regarding regulation.
  • Little use of the platform.