Place/Date: Slovenia - December 1st, 2017 at 8:57 am UTC · 4 min read
A lot of people are dreaming of having their own business or have ideas but often there is the financing issue that prevents ideas from becoming a reality. Many people wish to enter the world of investments but with their modest budget and savings that is close to impossible. Business owners have ideas or desires to renovate their businesses, but they often cannot risk the size of their investment because it could ruin their enterprise. And lastly, the world is full of people with skills and knowledge in valuable fields, but it is hard for them to use those skills in their current business environment. The world is full of talented people with unrealized potential solely due to lack of opportunities and people who would invest them.
But what if there were a world where all the people we mentioned could contribute to businesses in ANY KIND of way and finally PROFIT from that? That world is PopulTrade and you can visualize it by viewing this video.
In PopulTrade (PT) one can create, join or invest in any kind of business or can offer an investment into other ideas for businesses. Owners of various companies can invest promising ideas or established businesses. People, uninvolved in commerce, who just have business ideas, can get capital to fulfill those ideas and turn them into real businesses through the PT groups.
The PT environment will allow a business to be carried out from the initial idea to the final sale of the product. By investing in businesses in PT the investors will get a chance of owning part of the profit or business they invested in. PT will be able to create capital for investments on account of everyday activities, such as purchases of items, usage of services and successfully executed businesses.
Created capital and other processes in PT groups (elections, ratings of members and businesses, voting for the capital allocation and rules, etc.) will be managed in a democratic way by members of the PT groups by using smart contracts.
The core of PopulTrade is its cryptocurrency token – the Populcoin (PCP) which is going to be a very useful currency:
By using the PCP, participants will also get a chance to get PopulShares (a bundle of exclusive rights to business ownership, profits, etc.), to which the PopulTrade community members will be entitled. With the PCP they will be able to purchase items, services etc.
The PCP will also be used to invest in a small, big or startup business, in an idea or to get discounts on goods and services (in bars, shops, e-shop, restaurants etc.).
The PCP will also offer its owners a priority treatment when investing in a business or an idea by allowing them a 5-hour advantage over other investors, by giving them a chance to buy an item on sale or promotion or to use a limited service 2 hours before others, etc.
People that will take part in the token sale will get the possibility to start working in Groups of people with similar interests (Circuls) two months before the launch. The PCP will enable people to advertise on PopulTrade or at any PopulTrade partner at a lower price and to trade on exchanges or in PopulTrade. And last but not least, the PCP will enable them to get access to free activities (parties, gatherings, trips etc.) in the Circuls.
The crowdsale of the PCP will start on the 11th of December and will end on 15th of January 2018 and interested parties can get more information about it here. One of the man purposes of the PCP is enabling the growth of the PT system with a wide usage of the PCP. PopulTrade offers more information on its current operations and structure on their homepage.