Populous

Populous has a specific niche, but that niche is heavily competitive with both legacy and blockchain-based companies. It has a long way to go to prove its value, but it hopes to do so with several key pieces in place.

Populous is a P2P invoice-financing marketplace that lets businesses crowdsource loans based on outstanding invoices. If the invoice is paid, the buyer makes a profit for fronting the money.
Populous has three ERC-20 tokens – PPT (invoice-backed security), PXT (internal cryptocurrency), and Pokens (internal cryptocurrency). Each is used for a different purpose within the system.
The Populous network is currently in beta and has no known partnerships to date. It thus far does not have any significant traction in the $3 trillion invoice financing industry.
Populous gathers XBRL data and uses an Altman-Z score to determine credit ratings without using the major credit bureaus.
If Populous gains several major partners, it can sustain for a long time. It’s competing for those partnerships with multi-billion-dollar companies like Amazon and PayPal, along with startups like Behalf and Fundbox.

Even the startups have massive investments and are worth 10x more than was raised during the Populous ICO. This blockchain needs a massive hit to knock out these established giants.