Populous
Crypto Overview
Overview
Populous (PPT) was launched in 2017 as a blockchain-based invoice financing platform. The project aimed to connect businesses needing immediate cash flow with investors willing to buy invoices at a discount.
Purpose and Utility
The intended purpose of PPT tokens was to serve as the native currency within the Populous platform, facilitating invoice trading and providing access to platform features.
Current Status
As of 2024, the Populous project appears to be inactive. The official website is no longer accessible, social media channels are dormant, and there has been no significant development activity for several years.
Token Distribution and Usage
The original token distribution included allocations to the team and early investors. However, due to the project's apparent abandonment, detailed information about current token distribution is not readily available.
Development and Platform Activity
There is no evidence of ongoing development or platform usage. The project's GitHub repositories show no recent commits, and there are no signs of active platform utilization.
Crypto Impact
To assign a comfort level investing in Populous from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Populous.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.