Polymath

POLY Price

What is Polymath about?

Polymath provides technology to create, issue, and manage security tokens on the blockchain. Over 200 security tokens have been deployed using their Ethereum-based solution and they are now in the midst of launching Polymesh, an institutional-grade blockchain built specifically for regulated assets. Polymath streamlines antiquated processes and opens the door to new financial instruments by solving the inherent challenges with public infrastructure around identity, compliance, confidentiality, and governance.

What makes Polymath unique?

Recognizing that the industry lacked security-specific standards, Polymath spearheaded the creation of a unified standard for security tokens on Ethereum, ERC 1400. ERC 1400 acts as an umbrella of standards and is designed to address some of the challenges in managing security tokens by enabling the ability to conserve UBO rights for custodied assets, and automate transfer control (including KYC verification) and corporate actions (including capital distribution or voting). Polymath has brought forward many advanced innovations that address regulatory and market needs head-on.

What's the history of Polymath?

Polymath has built a series of tools on the chain that offer non-technical users an intuitive means to access the chain’s functionality, and are also in the midst of launching Polymesh, an institutional-grade blockchain built for security tokens and the first specialized chain of this nature.

What's next for Polymath?

Security tokens have the ability to alter the financial landscape, unlocking trillions of dollars in asset value and investment, programmably automating operations, and driving new paths to liquidity - but there are significant barriers standing in the way of institutional adoption. The foundations of Polymesh are focused on the most crucial regulatory elements addressed by four key design principles meant to meet the demands of regulators and institutions. Those four principles are Identity, Compliance, Confidentiality, and Governance.

What can Polymath be used for?

When it comes to creating and managing digital securities, Polymesh’s specificity gives it, and the applications built on it, a distinct advantage over those leveraging general-purpose blockchains. The purpose-built infrastructure addresses the gaps in standard blockchain architecture to align the functioning of the blockchain with the requirements of modern capital markets. By combining Polymesh’s deep functionality with user-friendly tools, Polymath stands to transform capital markets. All transactions on the Polymath platform take place using the native POLY token. POLY is the utility token that fuels Polymath Token Studio on Ethereum and is used by issuers creating and managing security tokens on the platform.

Where can you buy Polymath?

POLY tokens can be traded on decentralized exchanges and centralized crypto exchanges. The most popular exchange to buy and trade Polymath is Uniswap V2 (Ethereum), where the most active trading pair POLY/WETH has a trading volume of $538.92 in the last 24 hours. Other popular options include Sushiswap and Indodax.

What is the daily trading volume of Polymath (POLY)?

The trading volume of Polymath (POLY) is $1,699.89 in the last 24 hours, representing a -38.20% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Polymath (POLY)?

Polymath (POLY) reached an all-time high of BTC0.0001434 and an all-time low of BTC0.0₆1742. It’s now trading -98.60% below that peak and 100.90% above its lowest price.

What is the market cap of Polymath (POLY)?

Market capitalization of Polymath (POLY) is BTC238.1441 and is ranked #1038 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of POLY tokens (900 Million tokens are tradable on the market today).

What is the fully diluted valuation of Polymath (POLY)?

The fully diluted valuation (FDV) of Polymath (POLY) is BTC265.0313. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion POLY tokens are in circulation today. Depending on how the emission schedule of POLY tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Polymath compare against its peers?

With a price decline of -18.20% in the last 7 days, Polymath (POLY) is underperforming the global cryptocurrency market which is down -6.50%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

How to add Polymath (POLY) to MetaMask?

Adding Polymath (POLY) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import POLY as a token. You can copy POLY’s contract address (0x9992ec3cf6a55b00978cddf2b27bc6882d88d1ec) and import it manually, or if you've installed MetaMask's chrome extension, add POLY to MetaMask with one click on CoinGecko.

Add POLY to MetaMask.