Polymath is a platform which is going to enable securitization of different kinds of assets on its platform. This is something that is going to revolutionize the whole industry. Currently we have a cryptocurrency industry that is mainly dominated by ICO's. Polymath is going to enable industries from different asset classes to securitize their assets on the platform and raise money for themselves.
According to Polymath's CEO, Trevor Koverko, the Security token platform is going to be huge by the end of 2019 and he projects it to be 2 Trillion dollar market. Another catalyst for the price and valuations to increase is the fact that ICO's are beginning to get heavily regulated by regulatory agencies around the world. ICO's are slowly but surely going to get phased out and replaced by STO's.
Brace yourself for the biggest revolution in the crypto industry. Let the Stampede Begin!
sadly Kucoin doesnt let withdrawals of POLY to Bittrex
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Hi kingscrown!
Oh I was also thinking about doing that for some trading. Thanks for the info man!
If you want to just store POLY, You can always store it in MyEtherwallet using the Ledger Nano S. Currently that seems to be the safest way to store ERC-20 tokens.
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what about exodus or trezor?
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Hope it can see the moon on the upcoming bull run. But all of us are just speculating. Great reminder regarding poly
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Hi hiroyamagishi!
Thank you for your reply! Yeah you are right, however this speculation is about something seems to be an impending trend in cryptocurrency market in the coming few years especially given that regulatory issues surrounding ICO's are starting to be a hurdle!
Security Tokens with KYC and AML procedures baked in, seem to be the way forward. Let's see what the future holds for the crypto market. Till then , everything is mere speculation. Lets just hope that we are right in our vision for the future!
Cheers!
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Only few ICO's that were successfully reached the exchange and most of them were gone or just simply end as a scam. Most of the cryptonians were feed-up with this ICO's due to its very bad image to the community. I do hope that this one will succeed :)
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I have bought tokes in ICOs that are performing.
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Looking into this coin, but dang what a steemit post payout. Congrats!
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I'll have to pick some up soon! Thanks for the heads up!!
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Security is the main concern if polycoin can have control than nothing like it
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I hope you're right. There's just so many developments currently going on in crypto space not mentioning those regulators who can't decide yet what they really want. It's not a surprise if one day crypto is everwhere from ordinary stores to big malls.
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so true
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But what I don't understand is how this token has value if no exchange wants to list security tokens. So what you can tokenize assets with this coin, but where you gonna trade them? Cryptocurrency only has value inasmuch as somebody else is willing AND ABLE to pay you something for that asset.
And if they are not ABLE to buy it neither easily nor legally, what then...?
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They have a tie-up with T-zero which is a security token exchange.. also Circle is another exchange by Goldman Sachs who are going to exclusively list security tokens.
Because these are still to commence operations, you can still get Poly at dirt cheap valuations ..otherwise this should be at least in the early billion dollar valuation and not sub 100 Mn!
Get it while its still cheap. Let the Stampede Begin!
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etherium has smart contracts baked in. how is this any better than that??
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As a follower of @followforupvotes this post has been randomly selected and upvoted! Enjoy your upvote and have a great day!
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You got a 43.01% upvote from @emperorofnaps courtesy of @cryptogem!
Want to promote your posts too? Send 0.05+ SBD or STEEM to @emperorofnaps to receive a share of a full upvote every 2.4 hours...Then go relax and take a nap!
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Excuse me if i'm idiot by asking: Are the people behind this ICO the same as math software Polymath?
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Nope, i believe they are not
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So WHY exactly is it going to be a revolution? I couldn't really find the answer here ,(
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As I said, ICO's are starting to get heavily regulated and thus will slowly but surely die out under the presence of heavy safeguard of retail interest. Since STO's have inbuilt KYC and AML procedures, they will be able to operate in the presence of regulatory actions and perform well.
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ICO's aren't regulated at all in UK or many other places. I don't think much of this offering at all. I've heard this all before.Most ICO's i bought from used KYC and have performed well.
I think this is just more of the same. I've bought from ICO's for years. Who cares about regulation really?
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Your post is very good, so after I read your post, direct my spirit to do as you appear. Thank you friend. I wait for your next posting ....
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You got a 50.85% upvote from @upmewhale courtesy of @cryptogem!
Earn 100% earning payout by delegating SP to @upmewhale. Visit http://www.upmewhale.com for details!
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Congratulations @cryptogem! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
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To support your work, I also upvoted your post!
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yes polymath really got some good fundaental's recently poly pumd a little after it was listed on some exchange. Btw whole crypto market is down right now , so i think now is a good time to take a possition for poly for both long and short term.
By the way nice post sir. Appreciate it
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Truly interesting sir @cryptogem. We should hope and stand that everything will all fall their places. It pumps me up hearing this. Real informative
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looking forward for this coin ...
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Only few were success bt most of became scam.
Thanks for info
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WARNING - The message you received from @jufry is a CONFIRMED SCAM!
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Because i have some POLY i really hope its worth it to keep them. I will see... Anyway, its cool to hear something of POLY here at steemit.
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I think Polymath is not the write project. It has a lot of red flags, check this.
https://steemit.com/cryptocurrency/@cryptovestor/polymath-or-a-complete-joke-but-a-strong-buy
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Well BTC had a lot of red flags too yet it mooned.
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Hmm, the whole cryptocurrency market is mere speculation .. very few coins have actual proven real life use cases with actual usage currently happening.. I dont disagree with the red flags though.. it has lots of risk but the team is one which I would bet on.. Some of them being on the Ethereum original advisory board..
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great article! please visit my blog! https://steemit.com/@recordfoundation
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polymath is going to be great in the future. But what is the meaning of STO?
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Similar to ICO which stands for Initial Coin Offering, STO stands for Security Token Offerings. Thank you for your reply and question
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Congratulations for your work, very good brother, greetings continue like this
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I loved your contribution brother, greetings and follow the success
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good post creation ... congratulations
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agree with u....
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Congratulations @cryptogem!
Your post was mentioned in the Steemit Hit Parade in the following category:
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UP THE STEEM DOLLAR! 👏👏👏
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Sounds good, if it comes in practical it can revolutionize the crypto market.
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I learnt nothing from this short post.
Except for "platform is going to be huge by the" and "something that is going to revolutionize the whole industry." which I hear at literally every other project and it makes me puke.
So what does this thing actually do? Is it another 'revolutionary' copy of wanchain?
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Moon soon!
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