Polymath

What is Polymath?

Polymath offers technology for designing, releasing, and overseeing security tokens through blockchain technology. The initiative led by Polymath resulted in the development of a standardized protocol for security tokens on the Ethereum network known as ERC-1400. Utilizing Polymath's Ethereum-based solution, more than 200 tokens have been implemented. Recognizing the inadequacy of existing blockchains in satisfying the regulatory prerequisites of financial markets, Polymath created Polymesh, a high-quality blockchain designed specifically for regulated assets. By addressing the inherent challenges of public infrastructure related to identity, compliance, confidentiality, governance, and settlement, Polymath modernizes outdated processes and introduces opportunities for novel financial instruments.

Recent Video Interview

Main points of the interview:

• Polymath's Mission: Decentralized platform for easier security token launches.
• Current Market Share: Security tokens make up less than 0.1% of the crypto market.
• Development Stage: Polymath is on test net and aims for a production launch in the first half of the year.
• Future Plans: Launch on main net, announce partnerships with recognizable companies, growing community engagement.

What Makes polymath Unique?

The realm of security tokens presents an expansive market potential, but substantial barriers obstruct the adoption of these tokens on an institutional scale. Polymath confronts these hurdles head-on through the introduction of Polymesh, an institutional-caliber blockchain tailored for security tokens, marking the pioneer in this specialized chain domain. The bedrock principles of Polymesh revolve around furnishing the essential components pivotal for issuers, investors, institutions, and regulators: identity, compliance, confidentiality, and governance. These four pillars synergistically facilitate intricate operations like settlement. In the realm of digital securities creation and management, Polymesh's precision grants it and its associated applications a distinctive edge over generalized blockchains. The purpose-designed infrastructure bridges the gaps inherent in conventional blockchain architecture, aligning the blockchain's functionality with the contemporary requisites of capital markets. Beyond the engineering of Polymesh, Polymath has additionally devised an array of user-friendly tools within the chain, enabling non-technical users to seamlessly access its functionalities. Through the harmonious fusion of Polymesh's profound capabilities and user-centric tools, Polymath is poised to revolutionize the landscape of capital markets.

Polymath Team Background

The inception of Polymath took place during the pursuit of a means to tokenize a private fund. As this endeavor unfolded, the intricate blend of technical and legal obstacles became evident, rendering the process of introducing securities on the blockchain exceptionally challenging. From this realization emerged a grander vision: rather than limiting the scope to launching a solitary tokenized microfund, why not establish a streamlined avenue for individuals to effortlessly initiate security tokens? Thus, the concept of Polymath came into being. Boasting a global network of team members and contributors, Polymath has garnered the support of over 50 international service providers, signifying its growing influence.

Polymath Project Development

Polymath assumes the responsibility for shaping the collective future within the realm of alternative investments. Their dedication to contributing to the remarkable progress within this domain is evident, and they take pride in their affiliation with The Canadian Association of Alternative Strategies & Assets (CAASA).

CAASA stands as the largest association in Canada representing the alternative investment sector, boasting a membership of around 400 entities. This diverse membership includes alternative investment managers, pension plans, foundations, endowments, and service providers. Spanning across the spectrum of alternatives — from hedge funds and venture capital to real estate and cryptocurrencies — CAASA, established in 2018, holds the mission of fostering international connections. It achieves this by facilitating information exchange, networking, and collaborative ventures among its members and the broader industry on a global scale.

Polymath Price Analysis

As of November 24 2024 Polymath has a marketcap of $33M. This is {{percentagefromath}} from its all time high of $1.59. In terms of its tokenomics, there's a total supply of 1B with 90% currently outstanding. Keep in mind Polymath has a fully diluted value of $36M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.

Summarized in part by ChatGPT 4 and Claude