polymath-network Polymath Network (POLY)

$0.3067
10.26% (24H)
Watch
Market CapVolumeAvailable Supply
$264.29 M$112.60 M863.93 M POLY

Polymath Network current price is $0.3067 with a marketcap of $264.29 M. Its price is 10.26% up in last 24 hours.

Polymath simplifies the legal process of creating and selling security tokens. It makes a new token standard, the ST20, and enforces government compliance. Only a “list of authorized investors and their Ethereum wallet addresses” can hold ST20 tokens. Therefore, token issuers don’t need to worry about the legal implications of your security falling into the wrong hands. In order to launch a legally compliant token, the Polymath platform brings together issuers, legal delegates, smart contract developers, KYC verification, and a decentralized exchange. All transactions on the Polymath platform take place using the native POLY token. Polymath has programmable equity. Polymath enables companies to take control of their equity issuance through programmable code. It is raising in cryptocurrency opens up an entire wealth of new investors. Polymath eliminates the middleman and financial structures that hinder the deployment of equity. There is a trove of wealth that is untouched by Wall Street that can now be accessed through Polymath. In 2017, Polymath raised over $1.2 billion in funding by selling utility tokens and security tokens. Utility tokens, such as Waltonchain, give you access to a token’s network and are far more common than security tokens. Security tokens, however, provide equity or a claim to dividends from a company. As a result, security tokens, like any securities, are subject to government regulation. Polymath’s new standard for blockchain security tokens aims to embed the necessary regulatory requirements into smart contracts and comply entirely with government security regulations. A wide array of security tokens that will be listed on Polymath at some point will require investors to be accredited, or to be from specific countries.
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Missed the demo of Polymesh at @MessariCrypto's #Mainnet2021? Don't worry! Catch up on the exciting news that @MooreGrams dropped this morning over on @CoinDesk. Hint: it has to do with the #Polymesh Mainnet launch! 🔥
https://www.coindesk.com/business/2021/09/20/polymath-to-launch-blockchain-built-for-tokenized-stocks/

Our own @MooreGrams will be taking the stage at @MessariCrypto's #Mainnet2021 summit in NYC this morning to do a demo of Polymesh and break some exciting news!

If you don't have a pass yet, grab one here (either in-person or virtual) 👉 https://hubs.la/H0XB7fZ0

This quick demo shows how you can easily integrate Polymath technology with cap table management solutions to manage and control your tokenized and #digitalassets– just one example of how it integrates seamlessly with other best-in-class service providers.
https://hubs.la/H0X2VxP0

In this blog post on why #Polymesh, we’ll walk you through why we built a new purpose-built #blockchain instead of building on existing infrastructure, and the particular problems preventing institutional use that the chain offsets.
https://hubs.la/H0X2XqT0

Polymesh goes beyond general purpose chains by giving custodians a way to avoid hitting gas limits and incurring unmanageable costs and processing time.

Find out how a blockchain purpose-built for security tokens can help custodians be more efficient at: https://hubs.la/H0X2PLH0

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