The current price of Polymath (POLY) is $ 0.19183100. It's important to remember that cryptocurrency prices can fluctuate rapidly, so the value can change at any moment.
Polymath (POLY) is a blockchain-based platform designed to enable businesses to create and manage security tokens – tokens that are backed by actual, physical assets. Polymath facilitates the creation, issuance, and management of these digital securities on the blockchain, simplifying the complex legal and technical functions of a securities lifecycle.
Polymath was founded by Trevor Koverko, who was motivated by the idea of making the process of creating, issuing, and managing security tokens more accessible and efficient. Koverko's vision was to innovate the traditional sector of security assets and bring it to the blockchain, where businesses can benefit from decentralization and transparency.
Unlike traditional cryptocurrencies, Polymath focuses on supporting businesses to create their own security tokens. Each token is backed by an actual, physical asset and is compliant with security regulations. This greatly distinguishes Polymath from other cryptocurrencies, as it has a clear use case in the realistic application of blockchain technology in the field of asset-backed securities.
Polymath allows businesses to streamline the process of creating, issuing, and managing digital security assets. This provides significant efficiency and transparency benefits for businesses within the securities industry, and could potentially lead to widespread adoption of blockchain technology in the sector.
Currently, there are 898.6M POLY tokens in circulation.
Polymath's price has increased by +5.45% in the last 24 hours.
Polymath (POLY) can be purchased safely on the following exchanges: Indodax, Coinbase Pro, BTCTurk.
After purchasing Polymath, it is crucial to store it securely. It is recommended to use a secure digital wallet to store your POLY tokens. There are numerous wallet options available, including both hardware and software wallets. Always make sure that your wallet is secure and properly backed up.
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