Polymath Polymath POLY
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Price
0.07761 USD
% Change
7.65%
Market Cap
69.5M USD
Volume
19.5K USD
Circulating Supply
898M
605% from all time low
1949% to all time high
793% from all time low
1061% to all time high

Polymath (POLY) Feed: Events, News & Roadmap

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What is Polymath?

Polymath is a groundbreaking platform that facilitates the creation, issuance, and management of security tokens on the blockchain. While initially pioneering the ERC 1400 standard for security tokens on Ethereum, Polymath identified the limitations of existing blockchains in fulfilling the regulatory criteria of capital markets. This led to the development of Polymesh, a specialized, institutional-grade blockchain tailored explicitly for regulated assets.

Polymesh, developed by Polymath, is a dedicated blockchain designed explicitly for security tokens, making it the first of its kind. Its core foundations are built upon pivotal design principles centered around identity, compliance, confidentiality, and governance—factors critical for both institutional investors and regulatory bodies. These principles also facilitate intricate operations like settlement. Polymesh’s unique design provides a significant edge over general-purpose blockchains by offering a purpose-driven infrastructure that aligns with the demands of contemporary capital markets. Moreover, Polymath has enriched the Polymesh ecosystem with a suite of tools that allow even non-tech-savvy users to harness the blockchain’s capabilities effortlessly.

POLY operates as the integral utility token that powers the Polymath Token Studio on Ethereum. It serves as the primary currency utilized by issuers during the process of creating and overseeing security tokens within the Polymath platform.

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