Polymath

The Securities Token Platform

ERC20 Token

Polymath (POLY)

The Polymath platform opens up the blockchain to legally compliant securities offerings with a network of services designed to lower associated transaction costs over time. The platform is designed to lower the barriers for businesses and issuers of financial products to launch security tokens on the blockchain. By introducing the tools for a simple marketplace for securities issuances and secondary trading, the Polymath platform can help bridge the gap between traditional securities and blockchain-based asset ownership and investment opportunities.

“At its core, the Polymath system is a collection of processes for managing the interactions between participants. This section outlines how securities are planned to be issued on the platform, how Polymath provides a framework for legal delegates and service providers to enable regulatory compliance in jurisdictions worldwide, and how the Polymath platform can help issuers through this complex legal process while aiming to improve the security, auditability and accountability of the securities market.”

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Positives

  • Bringing Securities To The Blockchain
  • Strong Team & Advisors
  • Targeting A Large Wealthy Market
  • Decentralizing Securities
  • Attractive To Big Investors

Exchanges
Concerns

  • Plenty of legal hurdles for securities to start moving to a decentralized trading model
  • May be one of the first but won’t be the last platform of this kind.
  • No other concerns here. Long term hold.

Official Links
Token Details

Token Type

ERC20

Powered by the Ethereum Network. Can be stored on any ERC20 compatible wallet e.g MyEtherWallet

Token Statistics

Supply

• Ticker: POLY
• Total Supply: 1,000,000,000
• Circulating Supply: 239,999,750
• Token Use: Rewards & ST20 Token Purchases.

Founders

The Team

Trevor Koverko (CEO)
Chris Housser (Co-Founder)
Sukhveer Sanghera (Lead Engineer)
More

Industry

& Competitors

• Securities
• Attracting Larger Investors
• Competitors – Dimcoin

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