Nice article.
What i did not got is what the unique selling prepostion from Populous is compared to the existing companies. All the five line of defense against default can be done by existing companies to. Where is the point of saving a lot of costs from Populous compared to the existing companies? How much in percentage will the costs savings be?
Hi @huepfhund, Sorry for the not responding earlier. You are correct in that many of the "unqiue" prepositions can be emulated by others in the industry.
Populous, as I am aware is attempting to service the companies that do not have access to such invoice financing. As such it will not only attract existing companies who already sell their invoices but also new comers. in doing so, Populous will enlarge the industry and the unqiues prepositions will help them to do that by minimising risk whilst keeping costs down.
Notwithstanding, the benefits to the invoice seller, the benefits to the invoice buyers i.e. PPT holders is also immense. You can leveraging your PPT to maximise invoice buying power and make a profit in doing so. You do not lose your PPT which can be used again and again and spend the profit you make.
Unlike other cryptos, the more you cryptos spend the smaller amount you will have. But with PPT, you only spend the profit you make from your PPT thus your stack of PPT does not reduce in amount. In effect, you can make profit using your PPT in perpetuity.