I don't get populous. I'm at a loss to work it out. Total market cap of 1.5Bil. Late on their beta release, no customers, no revenue. No one even knows if it will work.
To me this seems to be dramatically overvalued and almost a indication of where crptocurrency market is sitting at the moment. As a long term trader, none of this makes sense to me. The price is rising despite they being late releasing their beta. So far all i can see is a pretty basic website. With a system that doesn't even seem close to working. Call it FUD but help me understand why I'm wrong. With pure facts. I would be interested in speaking to anyone who has tried out the beta release?
Then there is some questions relating the founders of this coin.
Found numerous people complaining of not being paid by the founders of populous from an assortment of of businesses that have their name on it
I found
www.twillion.co.uk which had links to the developers
Sew capital also claimed to have been a seed investor - however from what i could see sew capital had only ever invested in two company's both related parties to the original developers of this coin. Sew capital website doesn't exist along with twillion.
Then there was Zloadr: ZDR seems to be another one of their ventures couldn't tell if it was active or not.
then there is 484group.com - website gone seems to be another business venture no longer continuing.
www.samenrico.com goes to zloader seems to be gone
https://www.crunchbase.com/organization/sew-capital - my advise is to look at this website and have a look at the related entities and you'll see the links.
I found a number of other businesses no longer active. Most of the business seem to related to the "social elite" very similar to Luxure Global Citizen. Its also interesting to note none of these businesses appear on steve williams linkedin profile yet given the information linked to these companies they are clearly him. For me this if nothing else appears deceptive at best. I would be steering clear of this one.
if all this isn't enough, my advise is have a look at the invoice from luxure global citizen. Several mistakes including commers in the wrong spot. If this is a legit invoice. I really questions the way luxure global citizen operates.
You should work on your spelling. As for the beta being late that is understandable. It always taking time to work out the bugs to make sure to get everything right. They have been dead on with everything else. Now Steve Nico has stated that populous will be beta released this christmas.
Populous has the backing of youtubers like btc business consult, fiat antidote, clif high, and mike b. These people all give financial advice and put their reputations on the line. Populous is a legit business. Next time do more research.
This young investor researched luxure global citizen and had his friend check out their office:
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