Polymath Network

With the introduction of the Initial Coin Offerings into the world of cryptocurrencies we have seen an entire revolution of financial assets and the way we see tokens. The dispute over legal aspects of cryptocurrency has define the evolution of the sector, and now at the maturation of this economy there is the introduction of new concepts, like the Security Token, and Polymath wants to be the official platform for it.

In simple words, a Security Token is an actual financial securitie, meaning shares or equity in traditional assets, startups, venture funds and even real estate.  Now Polymath comes to solve the transition of the crowdfunding model of ICOs to STOs (Security Token Offering) a more controlled, regulated and secure way to use this kind of financial mechanism on the Blockchain. 

We are bringing together legal professionals, businesses and developers to create and refine a standard for security tokens.

ERC20 vs ST20

Polymath promotes a token protocol for the necessities of a crypto financial Security  token, like Know Your Customer embedded to it, a platform for launching and investing on this type of tokens and an ecosystem to take  Security Token Offerings to a new stardome in the crypto realm.  

Polymath’s security token protocol embeds regulatory requirements into the tradeable tokens themselves, which are available to verified participants only. By powering the next generation of securities tokens, Polymath aims to be the catalyst that will launch the securities token revolution.

The POLY token, which is Polymaths network native token is the way to capitalize the project, and is important to mention was not used the ICO model for its launch. The POLY is currently trade at 90 cents of a dollar according to CoinMarketCap. and has market capitalization of more than $200 millions usd. 

Lets see what is going to be the future of the Initial Coin Offering vs the Security Token Offering. What do you think about it? Please share your opinion in the comment section. 

Thank you for reading. 

Cheers!