There is an ICO that might sell out in the presale and you probably haven't heard about it...

in #cryptocurrency7 years ago (edited)

ICO too hot to touch right now?

I'm fully aware that the ICO market right now is very very overfunded. I even suggested people to skip some of the most hyped ICO's of last week, Why I'm NOT buying Status, Skincoin and CIVIC.

But overheating of the market doesn't mean that we should stop making money. There will be always hidden gems waiting to discover them. It's not like we go or 100% in or we stay 100% out of this business. Of course it gets harder and picking up something worth investing will be harder and harder. But if we pick right then return could be amazing.

ip.bitcointalk.org.png

I've found another gem!

If you paid attention to my previous posts then maybe(I hope so!) you had invested in Veritaseum. I wrote about it There is an ICO that nobody talks about.... It went quite famous, got some buzz on Twitter (retweeted by VERI team) and finally got me $14000!

This time I see a great potential in Populous ICO.

It came across my desk just yesterday while I was reading new Cliff High rapport. His recommendations are following:

,,Acquire for long term value. Acquire for immediate appreciation upon launch. Hold for long term value growth."

Populous is building a worldwide financial platform for selling and buying invoices. Projects reminds a bit Veritaseum but is much more realistic and achievable. They don't claim to conquer the world, just overtake a niche which is currently unfilled and make their impact.

Populous is an invoice and trade finance platform built using the latest in blockchain technology. Populous uses XBRL, Z Score formula, Smart Contracts, Stable tokens and more to create a unique trading environment for investors and invoice sellers from all around the world.

We at Populous believe we are creating the next generation financial marketplace. Please read our whitepaper for a more technical overview of the platform:

http://populous.co/populous_whitepaper.pdf

Most important details:

There is already ongoing pre ICO which started on June 7 and will last till July 8:

http://populous.co/ico.html

They offer 36 000 000 PPT altogether in pre and ICO and price of 1 PPT = 0.0011 ETH so max cap for the crowdsale is 36 900 ETH and 12 400 000 in USD (at a current rate of 337$ per ETH).

PPT.png

Total supply will be 53 200 000 PPT and there will never be more tokens.

There will be 22% tokens (12 000 000) for the Populous team but locked up in escrow for a year.

ICO tokens accounts for 68% and the remaining 10% will be distributed for research (3M), business development (2M), bounties (624K) and reserves (30K).

Team tokens must be subtracted from the total when we calculate market cap so 41 200 000 * 0.0011 ETH = 45 100 ETH which at current ETH/USD rate gives us 15 000 000 USD.

That would not be even 100 top on coinmarket cap. In fact that would be just 131th place, same as total shitcoins...

I expect Populous market cap after launch anywhere between 100M to 200M USD.

Main crowdsale will open on July 16 and will last till august 15.

But to be honest there will be no ICO because pre ICO will be enough to fill max cap.

Minimum investment in pre ICO is 5 ETH.

Pre ICO is offering bonuses:

2% for over 5 ETH investment

5% for over 26.74 ETH investment

10% for over 53.47 ETH investment

20% for over 107 ETH investment

Important info: *Please note, that token bonuses are rewarded for one time transactions only. So, two 54 ETH transactions does not entitle you to 20% reward. *

Pre ICO already collected 17 800 ETH which is currently worth 6 000 000 USD and accounts for roughly 50% ICO. Over 5M USD have been collected last week.

In just two weeks and we still have over three weeks till the ICO starts. So it most likely won't start because 36 900 will be collected before the end of this month.

You can check it by clicking contracts addresses:

https://etherscan.io/address/0xC994f8c4dD69742a1707386A2A6Cb5723F497b53
https://etherscan.io/address/0xf2FD0C1eb5a2989E32CE929276463164410796B4
https://etherscan.io/address/0x575A9368ccBC951986BB25412876be1a3218c883
https://etherscan.io/address/0xE4F4C979738F84d9DCd204E94a94750608dFD184
https://etherscan.io/address/0x97ee19d8c8b2d607Af236D8BEDdF9F45ACa99585

Buying instructions

To buy PPT tokens you can use MyEtherWallet and just execute a transaction.

Go to Pre ICO website: http://populous.co/ico.html

Choose the right address depending on the amount of ETH you wish to invest. Remember that 5 ETH is minimum.

Remember to fill data field by clicking +Advanced: Add Data.

Use 200 000 GAS.

Execute transaction and wait till the end of pre sale to get your tokens. It's ECRC20 so you will just add a custom token in MEW.

Just an example pic:

Risks

The biggest risk is ETH price which might drop more before Populous will hit exchanges. You might wait if you believe that ETH price will drop more but then you risk that PPT will get sold out.

Important links:

For latest updates follow their Twitter: https://twitter.com/BitPopulous

And join slack: https://bitpopulous.herokuapp.com/

ANN thread: https://bitcointalk.org/index.php?topic=1866936

Telegram: @POPULOUS

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hello Dawid, I really like your blog and if I will make it I will put some ETH to this project today.

If I may know one side question, is it worth to buy those Clif High reports regularly? I mean I watched some of his videos, cannot say I agree with him in all things, but in cryptos I agree with most things he says. Also many nay-sayers are calling him a scam and that historically 90% of his predictions are BS.
I dont judge, I dont know much about him and his work yet, but just wanted to know your opinion about his reports.

Yeah there is a certain value in them but the language is incomprehensible for most of people.

And some of his pics are really basic like big coins which is pretty obvious.

$10 Free worth of Eth tokens!! https://goo.gl/9uD4Tn Authorship ICO you will receive 75 ATS tokens! just need an Eth Wallet!

Upvote & follow

Thx and followed back mate.

the same here :)

Well done. And thx

You're welcome.

Very good report, and a big up-vote from me .. I hope you continue to put out these reports. Also , followed!

Thanks man I love creating them.

I am also following Populous very closely and will be buying some for long term.

Some time ago my friend talked me about some ICOs. Now I can see, that ICOs really have potential. Thanks, Dawid! :)
PS. Upvoted&follow ;)

Thank you for your up vote on the Ron Paul’s Interview With Edward Snowden. Up voted and following @dawidrams

I am waiting on a response from populous to find out if 5 ETH is really the minimum.
Did you notice there are 5 payment addresses?
Four of those addresses are for the 4 different bonus structures.
I surmise that the 5th address is for those that want to participate at a lower level without the bonus.

I got a response from Populous support
You can purchase tokens during the main ICO, without min and discounts

Tokens will be issued after main ICO ends. At the same, the team will publish instructions to add/claim the tokens

Regards

did yu get any confirmation when it went through by email? any way to check our ppt balance?

Excellent (in mr.burns accent)
25000ETH sold
id give it until monday

29,700,727

I wonder how much of an impact my article was.

more than mine anyway!
It SOLD OUT 6 hours ago.
Time for an update article Dawid on Populous! How much you think it will be trading for on exchange when its released?

Hello, nice post.
Can you help me to buy "Populous" coins?
I am new in cryptocurrency world, i dont have ETH coins.
Thank you.

Hello, I'm glad you like it.

You should follow official instructions:

http://populous.co/ico.html

Long story short you need accounts at:

https://myetherwallet.com/

and some exchange like https://bittrex.com/

After you buy ETH you need to transfer it to MyEtherWallet and then follow instructions from the official site.

Thank you.
But its too much for me to buy now 5 ETH.
May i be from you some coins? :)
I can pay with steem

Yes pre sale is for ,,bigger" investors.

Unfortunately tokens will be distributed after ICO so we don't yet own them in our wallets. There is no way to send them. Our transactions were registered in smart contract and tokens will be distributed according to the date in the contract.

I understand. thank you man!