Banking for cryptocurrencies. Pretty great coin if you ask me. ICO price was 10 USD per coin.
Read the details below and see if you like the project an would like to invest.
I invested in the ICO and I am not cut because if you look at the granger of this project , it's huge. Some of the things that polybius is trying to achieve are listed below.
One of the best feature for me is that Polybius will share 20% of its distributable profit with the token holders and will be paid into the ether wallet holding the tokens. Dividend means my money is working for me and not the other way around.
Total supply was only : 20,000,000 (twenty million) tokens and all the unsold would have been burned so this have the potential to go way higher because of its limited supply and features
Also another major point is that it will be a bank like any other following regulations which makes them more likely to be trusted.
Their Roadmap:
Authorized Payment Institution
- P2P Loans
- Investment Portfolios
- EBA Clearing
- SWIFT Membership
- EPC Rulebooks
- API License*
- Payment Services
Electronic Money Institution
- Consumer and working capital loans
- Foreign Exchange
- Card Issuing and Payment Acquiring through a BIN Principal Member*
- EMI License*
Commercial Bank
- Credit Cards
- Savings Deposits
- Open API Apps
- Card Scheme Membership
- Bank License
Digital Pass
- Blockchain
- Big Data
- Applied AI
- Internet of Things
- eSignatures
- eSeals
SME Financial Marketplaces
- Venture Capital
- Crowdfunding
- Insurance
- Brokerage
Venture Capital, Crowdfunding
Insurance, Brokerage
Some more info about Polybius From their website :
Meet Polybius
It will be a contemporary banking institution with a progressive approach
With the support of global banking experts and renowned tech veterans, Polybius aspires to build a comprehensive banking solution for all.
Polybius Bank will combine features of modern banking, IoT, Big Data and Blockchain-based technologies while also meeting security and UX requirements.
The Digital Pass technology, developed by HashCoins and implemented into Polybius Bank, will serve as an automation and digitalization ecosystem, allowing us to not only integrate single companies, but entire industries enabling access to financial and industrial services in the same Pass, at a click’s hand.
Polybius financial services will be fully interconnected with international systems to respond to the transaction needs of our customers worldwide. If you have ever contemplated the inner workings of a bank or you are a fan of new revolutionary technologies, take a look at our Prospectus below!
Reference : most of info above is from the offical website (link : www.polybius.io)
I bought some tokens when ICO... very disappointing...
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Great post, thanks. I will try to get my hands on some PLBT. It will be interesting to see how much of those roadmap can they actually achieve.
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It is trading there cause Polybius is a fraud. Too many red flags with the project.
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I think it remains to be seen if it's a scam. All the ico's which do not have a working product have the potential to turn out to be a scam.
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Won't agree with that. Potential to fail is different to scam. Golem is a very ambitious project and it may never see the light of day but i don't call it a scam. Polyibius has all the markings of a fraud.
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Could you please list some of the reasons you believe this to be a scam ? Would love to learn. As you wrote before one reason is that it is getting traded at small exchanges instead of major ones but what are the other possible red flags ?
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The escrow was changed last minute.
The team is basically Hashcoin team rehashed. Look up hashcoin history. They basically took money from customers for delivering mining rig but neve delivered a single machine. You can research more on this for yourself.
Using emrecoin chain (firstly who uses that trash chain) and then bringing its founder as a escrow cum advisor.
Their another escrow was someone from Cryptopay but is not mentioned on their website anymore so I am not being able to find his name.
These are just a few and it has been sometime since I followed their ico.
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The team seems to be genuine. I invested some in PLBT let's see
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