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Polymath

Polymath POLY Price $ 0.179

296 Watchlists

Blockchain Service

POLY Price

0.179
3.17%
($ 0.00551)
Price Range
LowHigh
$ 0.173$ 0.206

General Info

Contracts/Explorers:

Explorers

Tags (Sub-Categories):

#Token

Description

Polymath aims to facilitate the launching of security token ICOs and trading of security tokens

Polymath (POLY) Chart

The Polymath to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

POLY to USD Converter

Polymath (POLY)POLY

ICO

13 Jan 2018

Raised

$96.19M

Price:

$ 0.400

ROI:

0.45x  -55.2%

Platform:

N/A

ATH ROI:

4.14x  +314.5%

POLY Price Statistics

leaderboard

Market Cap

$ 160.97M

FDMC

$ 179.15M

ATH Market Cap

$ 1.03B

24 Trade Vol.

$ 7.98K


Vol. (24h) / MCap

0.0000496

Total Supply

POLY 1,000,000,000

Circulating Supply

POLY 898.55M

(89.9% of Total Supply)

Listing Date

2 Feb 2018

ICO Price

$ 0.400

13 Jan 2018

ICO ROI

55.2%

0.448x

All Time High

$ 1.66

19 Feb 2018


All Time Low

$ 0.0103

13 Mar 2020


From ATH

89.2%

From ATL

1,636%

Polymath Price Analysis

What is Polymath (POLY)?

The Polymath crypto project is a protocol that is aimed towards facilitating issuance of blockchain security tokens, as well as restrict their secondary trading. The company has developed their own blockchain, Polymesh, that is built specifically for security tokens by catering to securities regulations. Some of the services it provides include integrated broker-dealer toolkits and security token management. 

Security tokens represent securities such as debt, equity, or real estate on a blockchain. They are often subject to complex regulatory needs and compliance standards, Polymath hopes to be able to provide an easy blockchain-based solution for this compliance.

The Polymath Network’s native cryptocurrency is POLY. It has a total supply of 1000000000. The network has recently upgraded and introduced a new token, POLYX. POLYX can be redeemed at a 1:1 ratio with POLY.

What are Polymath’s key features and how does it work?

The Polymesh blockchain is the ecosystem’s core product. It is designed to meet the needs and requirements of regulators within the securities sector by meeting four design principles: confidentiality, identity, governance, and compliance. It has financial primitives integrated directly into the blockchain and allows developers to deploy their own decentralized applications on top of the chain.

The network uses a Nominated Proof-of-Stake consensus mechanism to help keep Polymesh secure. Validators stake POLYX, the networks upgraded native token, and run nodes. Nodes validate transactions and add them to the blockchain. Nominators can delegate their POLYX to other validators that run a node for them. Both nominators and validators are rewarded for their work, in the case of malicious behaviour they can be fined. 

The ecosystem has also developed the Polymath Capital Platform. It is built to help make smart digital investments easier. The platform is built on the Polymesh platform and allows 

What can Polymath be used for?

The Polymath network provides an end-to-end token creation solution via its self-service Polymath Token Studio. Issuers can create, customize, and manage the entire process. This includes integrations with custodians, broker-dealers, legal firms, token sale platforms, as well as KYC/AML providers. Some of the customizable options for issuers and their tokens include setting parameters and rules for who can hold an issuer’s token, how it can be transferred, as well as adhering to jurisdictional requirements.

Where can you buy POLY?

POLY is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are Gate.io, CoinBase Pro, and Crypto.com. The price of POLY will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for POLY market prices, please view the price charts on this page.

Polymath Price Today

Polymath's current price is $ 0.179, it has increased +3.17% over the past 24 hours.

Polymath's All Time High (ATH) of $ 1.66 was reached on 19 Feb 2018, and is currently -89.2% down.

The current circulating supply of Polymath is 898.55 Million tokens, and the maximum supply of Polymath is 1.00 Billion.

Polymath’s 24 hour trading volume is $ 7.98 Thousands.

Polymath's current share of the entire cryptocurrency market is 0.01%, with a market capitalization of $ 160.97 Million.

You can find more details about Polymath on its official website and on the block explorer.

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