This Dynamic Nigerian Twin Created Cryptocurrency Worth £100M In Their Mum’s Kitchen, Meet Sam And Steve Williams

Cryptocurrencies are digital assets that use cryptography to secure transactions and control the creation of new units. They have gained popularity in recent years as alternatives to traditional currencies, especially in countries with unstable economies or strict capital controls. One of the most successful cryptocurrencies in the world is Populous PPT, which was created by Nigerian twins Sam and Steve Williams in their mum’s kitchen in London.

Sam and Steve Williams are the sons of Nigerian parents who migrated to the UK in the 1970s. They grew up in a tough neighbourhood in south London, where they were exposed to gang violence and crime. Steve even served time for fraud in 2006, which he later regretted and vowed to change his life. The twins had a passion for business and technology, and they studied advanced business and computer programming at Crofton Comprehensive School in Lewisham.

After trying various ventures, such as a magazine called Tramp and researching financial markets, they decided to enter the cryptocurrency space in 2013. They spent four years working on their project in their mum’s kitchen, where Sam had to sleep on the couch due to lack of space. They lived with their mother, a chef, their father, an accountant and their sister.

Their project was called Populous PPT, a platform that uses blockchain technology to enable small and medium-sized businesses with cash flow problems to raise funds against invoices from the crypto community. The platform works by discounting invoices, thus allowing businesses to access liquidity without waiting for their customers to pay. The crypto community can then earn interest by buying the discounted invoices using Populous tokens (PPT).

Source: Rising Africa

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