In PopulTrade you can create, join or invest in any kind of business. PT will bring the possibility to access investments to anyone who has an idea for a business. Owners of various companies will be able to invest by simply entering an investment request. Other people, uninvolved in commerce, who just have business ideas, will be able to get capital to fulfill them and turn them into real businesses through the PT groups. PT will be able to create this capital on account of everyday activities, such as purchases of articles, usage of services and successfully executed businesses. The created capital will be managed in a democratic way by members gathered in the PT groups (like you), members who will cooperate in a business transaction and will contribute to its growth and success, will consequently earn on behalf of their work. The PT environment will allow a business to be carried out from the initial idea to the final sale of the product. Depending on the type of investment, you will get a share of the profit that you will be later able to trade on the PT.
All processes in PT groups, such as elections of leaders, ratings of members and businesses, voting for the capital allocation, voting for the group rules, etc., will be managed in a democratic way by using smart contracts.
Ideas and businessesCreate or be a part of new ideas or businesses. Access to the capital that is created in Popultrade for your ideas/businesses. Create companies like Uber in one place.
InvestmentsInvest in any idea or business and trade with your part in a business. Invest in a bar, restaurant, shop, internet portal, etc and get an equity. Buy articles or services for less and sell for more, etc.
Crypto currency in the real economyA classic and e-economy based crypto currency. All the world economy in one place.
Popultrade Tokens (PopulCoins)Use your tokens to have advantages in trading, investments, in getting a job, in getting promotions, etc. Earn tokens based on your activities.
Request for Popultrade tokens (Populcoins)A huge amount of Populcoins will be needed to reward users, pay workers, invest, return investments, etc.
Smart contractsAny kind of business relationship between two or more people can be backed by a smart contract or a classic contract like contracts for jobs, services, cooperation, sales, trading, etc.
JobsGet a job or part of a business by offering your expertise or knoweledge.
LearnLearn how to do a businesse or part of a business from experts. Build your career.
RedeemIf you are not satisfied at the PopulTrade launch redeem your tokens and get back your ether.
PopulTrade tools: - The Circul. The Circuls are groups where people with similar interests and similar/different knowledge meet with the purpose of creating and turning ideas and businesses into reality and as a result, they either earn money or get a share in the idea or business, nevertheless, they also build their reputation. - Employment opportunities (Circul, Linum). All work positions in the Circuls are proposed, voted on and rated by the Circul group members. When the rate of a worker drops under a certain level, the vote is repeated. - Capital redistribution (Mercato). The system for capital redistribution – is intended for financing groups of people with similar interests, ideas, and businesses. The capital is collected through two different tools inside the PopulTrade system where the commissions from everyday activities, such as purchases, usage of services and business income from realized ideas or businesses, are flowing into the Circuls (groups of people with similar interests). - E-commerce system (Mercato). The E-commerce is a system that enables the analysis of the market and the sales of products that are outcomes of a certain idea or a business, while it also offers the possibility to sell products and services of other retailers (similar to eBay and Amazon). - Traditional trading system (Mercato + Linum). The traditional trading system offers the collection of capital through traditional businesses, such as shops, restaurants, tourist accommodations, etc. Beside the collection of capital for the Circuls, both tools return a part of the commission to the buyer or user of a service. This buyer can either use this amount of capital for investments into ideas and businesses or as a paying option or discount for his next purchases or services use. - Mercato market. A real-time market based on the demand and offer where members of the Circuls and the PopulTrade will be able to buy large quantities of products or services from producers and by doing so they will lower the product price and make a profit, and vice versa where producers will be able to sell their products to groups of people or to the Circuls. - Network of services (Linum). A network of providers of different services will enable to get all the necessary elements to turn a certain idea or business into reality. - Lead/Create/Organize your company (Linum). It offers the opportunity to gather groups of workers into a company that can later be marketed, organized, supervised and led. The PopulTrade enables paying for services, products, and workers. It also enables the opportunity to grade and comment their work in a way that providers services are rated on the basis of the quality of their job execution. - Trade with ideas and businesses (Denario). For every idea or business created in the PopulTrade system and based on the amount of money and work invested, a proportional amount of virtual tokens will be issued by using a smart contract. These tokens will represent the ownership of the idea or business and can be traded in the PopulTrade.
Q1 - Q2 2016
Q2 - Q3 2017
Q1 - Q4 2xxx
Attention. There is a risk that unverified members are not actually members of the team
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Popultrade aims to be a one stop shop for business development and finance by idealizing niche projects and ideas. Popultrade’s flagship idea suggests users will be able to crowdsource funding for specific business activities, while allowing investors to vote and uphold managerial/financial roles within their specific business group. Placing financial trust in a voted outcome appears to be a fair process, but this opens the door to a business strategy plagued by votes from fraudulent individuals assuming multiple identities and voting for themselves. How easy would it be for a user to make several accounts and rate themselves on work they have not completed? This is a real issue on websites such as Upwork and LinkedIn. With Popultrade, security and fraud prevention is likely to be contained in the empty hands of the forgotten investor. These issues should be well thought out in their whitepaper before taking it to market.
Popultrade claims their users will have access to millions of dollars in their first year of operation however, its no secret that their marketing is suffering. Such baseless statistics provide no real insight into the actual future value of their token. What is clear though, is that Popultrade will struggle in the software industry. Their product was apparently conceptualized and in-development for years, but not a single preview or mock-up design is available to the public. Popultrade could be a great idea and investment but their concept lacks many important details that should be concrete at this stage of capital raising.
The PopulTrade platform is a unique approach to potential application of cryptocurrency in the creation of new businesses, and offers an interesting concept in their “Circul” feature that allows like-minded individuals to invest and create businesses together. If you’re looking for a well-structured ICO to invest in before the end of 2017, PopulTrade is worth consideration.
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