Populous was founded by two twin brothers from south London Steve and Sam Williams.

Steve Williams graduated in philosophy from London Metropolitan University, and since November 2016, he is the acting CEO of Populous. Sam Williams turned to other business ventures, founding The Trend View and Zloadr.

Populous aims to innovate the way liquidity is handled in small and medium enterprises. By introducing blockchain technology and smart contracts, the platform allows peer-to-peer interaction between businesses, lenders and invoice settlers. This means that the completely decentralized system charges significantly lower fees on liquidity loans and does not use intermediaries to facilitate the connection between lenders and borrowers.

Invoice selling is a relatively new financial tool that allows businesses to get loans on their outstanding invoices to use the underlying capital even if the customer has not yet paid the invoice. Populous transfers the process of lending money backed by invoices onto the blockchain, making it more scalable, faster, and easier for enterprises to use. The network has attracted funding from big firms, such as Fireblue Capital.

Populous (PPT) tokens have a maximum supply of 53,252,246 PPT. All of these tokens have been minted and released to the public. After the initial coin offering (ICO), Populous founders and team received 32.4% of the total supply. The remaining 67.6% have been distributed among investors and interested third parties.

The circulating supply of PPT is the same as the maximum supply — 53,252,246 tokens.

PPT trading is available on a number of cryptocurrency exchanges, including:

• OKEx
• Binance
• Bitrue
• ProBit Exchange
• Mercatox

Read more about buying crypto.

Read more about Enzyme.

Find out more about Axion.

Learn more about smart contracts.

Have a look at the CoinMarketCap blog.