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About Polymath
- Polymath provides technology to create, issue, and manage security tokens on the blockchain.
- ERC 1400 is a unified standard for security tokens on Ethereum.
- Over 200 tokens have been deployed using Polymath’s Ethereum-based solution.
- Polymath built Polymesh, an institutional-grade blockchain for regulated assets.
- Polymath streamlines antiquated processes and opens the door to new financial instruments.
- Polymath was founded to solve the challenges of launching securities on the blockchain.
- Polymath has team members and contributors worldwide and over 50 global service providers.
- Polymesh is an institutional-grade blockchain
About Polymath: Pioneering the Standard for Security Tokens
What Is Polymath (POLY)? Polymath pioneers a cutting-edge technology that enables the creation, issuance, and management of security tokens on the blockchain. As a trailblazer, Polymath has spearheaded the development of a unified standard for security tokens on Ethereum, ERC 1400, with over 200 tokens successfully deployed using its Ethereum-based solution. Recognizing the limitations of existing blockchains in meeting the stringent regulatory requirements of capital markets, Polymath has developed Polymesh, an institutional-grade blockchain purpose-built for regulated assets. By streamlining antiquated processes, Polymath unlocks the potential for innovative financial instruments, effectively addressing the inherent challenges associated with public infrastructure, including identity, compliance, confidentiality, governance, and settlement.
Who Founded Polymath? The concept of Polymath emerged while seeking a solution to tokenize a private fund, which ultimately revealed the complexities of launching securities on the blockchain. This realization sparked a more ambitious vision: rather than merely launching a single tokenized microfund, why not create a platform that enables anyone to issue a security token with ease? This innovative idea gave birth to Polymath. Today, Polymath boasts a diverse team of members and contributors from around the world, as well as a growing network of over 50 global service providers.
What sets Polymath apart? Security tokens present a substantial market opportunity, but significant hurdles hinder institutional adoption. Polymath tackles these obstacles with Polymesh, a bespoke, institutional-grade blockchain purpose-built for security tokens – the first of its kind. The foundations of Polymesh are rooted in four key design principles, providing the essential elements that issuers, investors, institutions, and regulators require: identity, compliance, confidentiality, and governance. These four pillars, when combined, also facilitate more complex operations, such as settlement. In creating and managing digital securities, Polymesh’s specificity affords it, and the applications built upon it, a distinct advantage over general-purpose blockchains. The purpose-built infrastructure bridges the gaps in standard blockchain architecture, aligning the blockchain’s functioning with the demands of modern capital markets. In addition to engineering Polymesh, Polymath has developed a suite of tools on the chain, offering non-technical users an intuitive means to access the chain’s functionality. By combining Polymesh’s robust functionality with user-friendly tools, Polymath is poised to revolutionize capital markets.
What is the circulating supply of POLY? Following the successful launch of the Polymath platform, POLY was introduced to facilitate interactions with the platform. As the utility token, POLY powers the Polymath Token Studio on Ethereum, enabling issuers to create and manage security tokens seamlessly. Notably, nearly 100,000 wallets currently hold POLY, with 240,000,000 tokens distributed during the launch phase. The maximum supply of POLY is capped at 1 billion.
Where Can I Acquire POLY? POLY is listed on an increasing array of cryptocurrency exchanges, offering a diverse range of trading pairs, including cryptocurrency, stablecoin, and fiat options. Notably, the most prominent markets for POLY are Binance, Upbit, and Coinbase.