I just stumbled over this projects ANN, it does seem compelling to me. From looking at Coinmarketcap it looks like the REAL token has made some nice gains lately, but what interests me is if there is a divident payout from this token?
Only if you use your REAL tokens to actually invest in specific properties (RPP tokens). Just holding the REAL won't provide you with any dividends. |
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They will sell at 1200. As it is the trendline
Here comes 5 dollar REAL yeehaa. I have only had to wait like 4 months lol
I take your comment as a joke, but there are many people here who actually believe REAL could be worth 5 dollars, so let me make some calculations. First basic facts: - REAL received 37049 ETH - They minted 19.717.288 tokens. Out of those, 25% is a reserve for future projects. 51% went to investors, 4% were bounties, and 20% went to the team. The team cannot sell their tokens for a year time, but since they are way behind the schedule.... i'll come to that. As for today we've got (51%+4%)*19.717.288 tokens minted. That is 10.844.508,4 tokens at disposal. Out of their 37049 ETH, they will invest 70%, that is 25934,3 ETH. With ETH valued at $1000 that accounts to $25.934.300 If they manage to launch their platform AND buy a property before the team is able to sell their REAL, the value (when 1ETH=$1000) is ~2,39, however taken their policy into consideration it makes much more sense to value REAL not in USD, but in ETH, BUT ONLY BEFORE PROPERTY ACQUISITION. Ceteris paribus 1 REAL is worth approx. 0,0023914 ETH (25934,3 ETH / 10844508,4 REAL) or 0,0017537 ETH (25934,3 ETH / 14787966 REAL ) if they acquire properties after the team can sell their tokens (after that the number of disposable REAL tokens will increase from 10.844.508,4 to 14.787.966). After they buy the properties, increase of ETH value means decrease of REAL value in ETH (meaning that value in $ should remain the same) While I generally agree with your approach, you can't include the tokens reserved for future sale in your calculation. Also, they revised their budget to be a fixed $3 million, but my guess is that this will change again since the value of ETH had gone up so much. |
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Don`t forget, today, at 12:00 PM EST, pillar team will show us their progress and demo wallet. I see no reason to doubt it, we will see something huge. That is why 99% of all investors holds firmly their pillar tokens (see coinmarketcup). People tired from web wallets, which can be phished or compromised. It`s time for the future. Link to online translation: https://www.youtube.com/watch?v=JGtTlPy15_4&feature=youtu.beI'm not able to watch live, but I'm anxious to hear about it. |
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Everyone is talking about the bounty problem but less people see the project. They judge the project is bad because the bounty program is not running well (because lot of delay). But come on guys, you can't judge a project only from bounty. Look they always give update (in telegram and github), support always ready to answer and many more. I think this project is legit
If you read through the thread, there are other problems with thus project besides the bounty issue. |
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Owning populous is like having the keys to the crypto liquor cabinet my hands are glued to ppt
Haha...I like that analogy. |
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We can speculate about it until morning but at the end we are in the dark unless they made a blog post about it. 1000$ for ethereum should be great value for them. Yeah better wait announcement. Maybe first property is coming or something related with the establishment of the foundation. Hey Real team. Can you pleast give us a decent exchange. I understand it wont go on usa exchange becouse its a security, but at least on liqui on a medium exchange. Ed IS HORRIBLE... FYI - someone created a fork of etherdelta at https://forkdelta.github.io/Right now, it's basically a mirror of EtherDelta, but should hopefully improve to be a better solution. its like making something bad even worser go for idex.markets the best decentralised solution so far. They are trying to improve it, but it won't happen overnight. I hope I never have to use EtherDelta again. |
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Nice rise today. I like.
Yeah...looks like some FOMO is kicking in |
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Is there any ways to store PPT in hardware wallet?
Yeah, it's an ERC-20 token, so you can store it on a Trezor or Ledger. |
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We can speculate about it until morning but at the end we are in the dark unless they made a blog post about it. 1000$ for ethereum should be great value for them. Yeah better wait announcement. Maybe first property is coming or something related with the establishment of the foundation. Hey Real team. Can you pleast give us a decent exchange. I understand it wont go on usa exchange becouse its a security, but at least on liqui on a medium exchange. Ed IS HORRIBLE... FYI - someone created a fork of etherdelta at https://forkdelta.github.io/Right now, it's basically a mirror of EtherDelta, but should hopefully improve to be a better solution. |
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these materials look very pretty. I hope I have time to purchase additional number of tokens, Do not want to miss such a great time to buy a token. Keep increasing your bag because the populous team will soon release BETA version after that the price will surely skyrocket. Yeah, once beta launches, there's no turning back. |
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Even if they think ETH might go to $2k, it's not a bad idea for them to convert at least a portion of their holdings at this price. |
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Yeah I seen screenshots of the Beta because I try to login the slack room daily for news. Also remember guys that the PXT token that was just airdropped to us PPT long term hodlers is also going to bring value to the whole platform as credit scoring data, alongside the main PPT platform for invoices will add a whole new dimension to POPULOUS. We are sitting on a goldmine right now and every time the price dips a bit, that's the time to get more for ya bags because once BETA is fully tested and loaded and the platform opens for real invoicing we will never see 40 bucks per PPT again that's for sure. I really think they are going to knock it out of the park with their beta. It'll be interesting to see what happens to the price if they are able to generate the factoring profits we expect. |
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Before ICO they have given update about their development but after ICO there is no update from them and what ventures they have signed up nobody don't know. How long people should wait for updates this not good for company?
If you join ATLANT telegram channel you will be hear about the update frequently. If you search more you can find the update in the github, they give the update about what they do there, so search first before post I've found that most projects tend to focus on one or two communication channels once the ICO has finished rather than trying to manage too many. |
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I Just noticed POP is trading at over $40, compare to Hive trading at .14, either one is over price or one is undervalued. They basically have the same platform. Your thoughts Zo
First, there's no way to know if they have the same platform. Even if they do, the quality of the team can make a huge difference. |
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copycat of REAL coin. https://btptoken.io/nice to see the concept is getting popular. now just the question, which team is going to perform better. I haven't seen this before, but it looks very interesting. I wouldn't call it a copycat of REAL though...they are very different. It seems more similar to Atlant, but they've actually addressed some of the issues I had with the Atlant business model, so this is one to keep an eye on. I'll have to read through the whitepaper in more detail. |
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So I think most of us are asking what is the value of PPT when measured by traditional means. I'm going to take a stab. I appreciate comments on my ramblings and rough math:
For example, if you can buy a share/token for $1 and earn 3% per year, what will an investor pay for that stock plus $.03 annual earnings? 10x earnings is probably not unreasonable, so probably about $.30 give or take.
We'll ignore a supply/demand imbalance in the auction which would presumably also affect the interest rate and assume we can earn 2% monthly interest (24% annual interest)reliably. Let's also assume that you can use 80% of the current PPT market value to buy an invoice. For example, an $8k invoice would require $10k of PPT.
PPT is about $46 at the moment. 24% of 80% of $46 is $8.80.
Using a Dividend Discount Model with a Discount Rate of 2%, the calculated value per "share" is $440.
The interesting thing is that as the value of the token increases, the value of the earnings increase at the same rate. So a $440 PPT token would supposedly yield $88 annually. This then yields a token dividend valuation of $4408. So there is no limit to what PPT is worth except the actual ability to actually earn 2%.
The ability to earn 2% monthly interest depends on the supply of invoices and auction conditions achieving a consistent 2% monthly interest rate.
Not enough invoices, lower interest rate results in lower returns. Too many invoices results in higher returns.
The DDM doesn't take into account additional value due to anticipated increase in token price.
There are 37M tokens, so to achieve a $1000 token price, each token needs to be able to earn $19.20 interest annually. This requires a supply of $3.7B of invoices available that you can earn 2% monthly on.
That isn't to say that the DDM is accurate of valid, just one attempt at valuing PPT. Once people are able to see what real returns look like, and if they are close to these assumptions then $1000+ is no problem.
I think you're on the right track, but I see it a little differently. Because the amount you earn increases with price of the token, you can't really use a DDM approach. As you said, the constraining factor is the volume of available invoices. So the market cap of the tokens should be approximate to the volume of invoices available. It'll be interesting to see what happens if there aren't enough invoices available, but my guess is that it'll result in some sell pressure so the token market cap doesn't ever go significantly above the invoice volume. There are some other factors at play, but that's the primary driver in my opinion. That leads to the question of how much of the factoring market can they capture, as well as how much larger will the market grow now that more small businesses will have access to this type of financing. I published a valuation model in the Telegram group that allows you to play with various assumptions, but that's the approach I used. I can see it going as high as $684 by the end of 2019 under the right circumstances. Please keep in mind that this is not investment advice, so please do your own due diligence. I decided to put together a blog post outlining my approach: https://steemit.com/cryptocurrency/@cryptodax/populous-ppt-token-valuation-modelI link to the valuation model is included in the post, so you can download it and try different assumptions. Feel free to let me know if you have any questions! Cool, I'll have to play with it on a different computer that has a new version of Xcel. I personally think the market share can increase faster as I think Populous will offer a significant discount to the existing invoice factorers and the team has cemented relationships and partnerships. I think it ramps up much faster than your default numbers. Your income model doesn't assume any loses from bad invoices... I don't think it affects the token price. I think FOMO factor could be big. Once PPT goes live and people are making great incomes, the press and the news will leak out. I have a personal income calculator that includes a loss factor for bad invoices. You're right that it wouldn't effect the token price, so it's not part of the valuation calculator. It's hard to know how quickly they will ramp up, especially considering the factoring market should grow as more small businesses have access to this type of financing. |
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So I think most of us are asking what is the value of PPT when measured by traditional means. I'm going to take a stab. I appreciate comments on my ramblings and rough math:
For example, if you can buy a share/token for $1 and earn 3% per year, what will an investor pay for that stock plus $.03 annual earnings? 10x earnings is probably not unreasonable, so probably about $.30 give or take.
We'll ignore a supply/demand imbalance in the auction which would presumably also affect the interest rate and assume we can earn 2% monthly interest (24% annual interest)reliably. Let's also assume that you can use 80% of the current PPT market value to buy an invoice. For example, an $8k invoice would require $10k of PPT.
PPT is about $46 at the moment. 24% of 80% of $46 is $8.80.
Using a Dividend Discount Model with a Discount Rate of 2%, the calculated value per "share" is $440.
The interesting thing is that as the value of the token increases, the value of the earnings increase at the same rate. So a $440 PPT token would supposedly yield $88 annually. This then yields a token dividend valuation of $4408. So there is no limit to what PPT is worth except the actual ability to actually earn 2%.
The ability to earn 2% monthly interest depends on the supply of invoices and auction conditions achieving a consistent 2% monthly interest rate.
Not enough invoices, lower interest rate results in lower returns. Too many invoices results in higher returns.
The DDM doesn't take into account additional value due to anticipated increase in token price.
There are 37M tokens, so to achieve a $1000 token price, each token needs to be able to earn $19.20 interest annually. This requires a supply of $3.7B of invoices available that you can earn 2% monthly on.
That isn't to say that the DDM is accurate of valid, just one attempt at valuing PPT. Once people are able to see what real returns look like, and if they are close to these assumptions then $1000+ is no problem.
I think you're on the right track, but I see it a little differently. Because the amount you earn increases with price of the token, you can't really use a DDM approach. As you said, the constraining factor is the volume of available invoices. So the market cap of the tokens should be approximate to the volume of invoices available. It'll be interesting to see what happens if there aren't enough invoices available, but my guess is that it'll result in some sell pressure so the token market cap doesn't ever go significantly above the invoice volume. There are some other factors at play, but that's the primary driver in my opinion. That leads to the question of how much of the factoring market can they capture, as well as how much larger will the market grow now that more small businesses will have access to this type of financing. I published a valuation model in the Telegram group that allows you to play with various assumptions, but that's the approach I used. I can see it going as high as $684 by the end of 2019 under the right circumstances. Please keep in mind that this is not investment advice, so please do your own due diligence. I decided to put together a blog post outlining my approach: https://steemit.com/cryptocurrency/@cryptodax/populous-ppt-token-valuation-modelI link to the valuation model is included in the post, so you can download it and try different assumptions. Feel free to let me know if you have any questions! |
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So I think most of us are asking what is the value of PPT when measured by traditional means. I'm going to take a stab. I appreciate comments on my ramblings and rough math:
For example, if you can buy a share/token for $1 and earn 3% per year, what will an investor pay for that stock plus $.03 annual earnings? 10x earnings is probably not unreasonable, so probably about $.30 give or take.
We'll ignore a supply/demand imbalance in the auction which would presumably also affect the interest rate and assume we can earn 2% monthly interest (24% annual interest)reliably. Let's also assume that you can use 80% of the current PPT market value to buy an invoice. For example, an $8k invoice would require $10k of PPT.
PPT is about $46 at the moment. 24% of 80% of $46 is $8.80.
Using a Dividend Discount Model with a Discount Rate of 2%, the calculated value per "share" is $440.
The interesting thing is that as the value of the token increases, the value of the earnings increase at the same rate. So a $440 PPT token would supposedly yield $88 annually. This then yields a token dividend valuation of $4408. So there is no limit to what PPT is worth except the actual ability to actually earn 2%.
The ability to earn 2% monthly interest depends on the supply of invoices and auction conditions achieving a consistent 2% monthly interest rate.
Not enough invoices, lower interest rate results in lower returns. Too many invoices results in higher returns.
The DDM doesn't take into account additional value due to anticipated increase in token price.
There are 37M tokens, so to achieve a $1000 token price, each token needs to be able to earn $19.20 interest annually. This requires a supply of $3.7B of invoices available that you can earn 2% monthly on.
That isn't to say that the DDM is accurate of valid, just one attempt at valuing PPT. Once people are able to see what real returns look like, and if they are close to these assumptions then $1000+ is no problem.
I think you're on the right track, but I see it a little differently. Because the amount you earn increases with price of the token, you can't really use a DDM approach. As you said, the constraining factor is the volume of available invoices. So the market cap of the tokens should be approximate to the volume of invoices available. It'll be interesting to see what happens if there aren't enough invoices available, but my guess is that it'll result in some sell pressure so the token market cap doesn't ever go significantly above the invoice volume. There are some other factors at play, but that's the primary driver in my opinion. That leads to the question of how much of the factoring market can they capture, as well as how much larger will the market grow now that more small businesses will have access to this type of financing. I published a valuation model in the Telegram group that allows you to play with various assumptions, but that's the approach I used. I can see it going as high as $684 by the end of 2019 under the right circumstances. Please keep in mind that this is not investment advice, so please do your own due diligence. |
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I've got my pxt tokens from the airdrop (thanks populous). Can anyone tell me are the pxt tokens going to replace the ppt token or is pxt a new token alongside ppt?
PXT is a new token separate from PPT. They will be publishing a whitepaper for it shortly. |
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