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Polymath is a decentralized platform that makes it easy to create and issue your own security tokens. Learn more about what Polymath is and how it can help you create and issue your own security tokens.
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Introduction
Polymath is a blockchain-based platform that enables financial securities to be tokenized. The project is headquartered in Toronto, Canada. The company’s goal is to create a global securities token standard and to provide a decentralized protocol that allows for the compliant issuance and management of digital securities on the blockchain. The Polymath network aims to connect token issuers with KYC providers, smart contract developers, and legal experts who can help them launch their security tokens.
The company was founded by Trevor Koverko, Chris Housser, and Dmitry Kaminskiy in 2017.poly math is one of the earliest companies in the space and has been working on the problem of security token compliance for over two years. The company has a strong team with a lot of experience in traditional finance and blockchain technology.
The Polymath network is built on top of the Ethereum blockchain. The native token of the platform is called POLY, which is an ERC-20 compatible token. POLY tokens are required to access the Polymath network and to pay for services on the platform.
What is Polymath Crypto?
Polymath is a security token platform which enables the creation and trading of digital securities. Security tokens are a new type of asset class that represents traditional financial securities, such as equities, bonds, and commodity futures, in a digital format. Polymath makes it easy for issuers to launch compliant security tokens by providing a suite of tools and services.
The Polymath token (POLY) is an ERC-20 compliant token that powers the Polymath network. POLY tokens are used to pay fees on the network, including transaction fees, KYC fees, and ST-20 token creation fees.
Features of Polymath Crypto
Polymath is a decentralized protocol that runs on the Ethereum blockchain. It is a project that is aimed at simplifying the securities token issuance process. The Polymath network connects issuers, investors, KYC providers, and developers who wish to create and trade security tokens.
The main features of Polymath are:
-A modulartemplate system that allows issuers to create customized security tokens
-An ERC20 standard compliant security token platform
-The ability to transfer token ownership only to investors who have undergone KYC verification
-A decentralized exchange for trading security tokens
-A syndicate function that allows large investors to pool their resources and buy tokens in bulk
-A staking system that provides rewards to users who lock up their POLY tokens
How to use Polymath Crypto
Polymath is a decentralized platform that makes it easy to create and trade security tokens. The Polymath network connects token investors, KYC providers, smart contract developers, and legal experts who help issue and manage security tokens.
Here’s how it works:
1. token investors can use the Polymath platform to buy and trade security tokens;
2. KYC providers can use the platform to verify the identity of token investors;
3. smart contract developers can use the platform to create security token contracts;
4. legal experts can use the platform to create compliant security token offerings; and
5. all users can access the Polymath platform through a simple, user-friendly interface.
Conclusion
Polymath aims to tokenize securities on the blockchain, making it easier and more cost-effective to trade them. The platform offers a turnkey solution that makes it simple for issuers to create and launch compliant security tokens. In addition, Polymath is designed to streamline the secondary trading of security tokens by connecting issuers with KYC-compliant investors.