Polymath

What is POLY and how Does It Work?

Polymath has developed technology to create, issue, and manage a considerable number of security tokens on the Ethereum blockchain. It is in the process of designing Polymesh, a unique blockchain configured to deal with regulated assets. Polymath addresses the challenges associated with conventional blockchain architecture in relation to modern capital markets. The purpose of this project is to supersede previous processes and proffer solutions for situations pertaining to public infrastructure, identity, governance, and confidentiality. The characteristic nature of Polymesh offers a notable edge to applications that harness general-purpose blockchains, endeavoring to modify capital markets by blending functionality with easy-to-use tools. Polymath has played a part in the production of ERC 1400, a comprehensive standard for security tokens on Ethereum's blockchain. This has been developed to manage tokens and handle corporate actions proficiently, maintaining UBO rights and automating transfer oversight. Polymath has added more tools in the field by creating readily available on-chain tools. To address the regulatory market requirements, Polymesh has refined its main design principles which are identity, governance, compliance, and confidentiality. The platform has its own native POLY token which is indispensable for transactions within the Polymath ecosystem and is crucial for the management of tokens by issuers through Polymath Token Studio on the Ethereum platform.

The Vision and Mission Behind POLY

POLY, also recognized as Polymath, is a token designed to assist in the handling of security tokens through a decentralized protocol. It works as a bridge between the financial and blockchain sectors, providing a platform for raising funds through security tokens. Its primary objective is to simplify the processes of forming, issuing, and managing security tokens on blockchain for enterprises. POLY features a compliance mechanism, verifying that each transaction involving the token is well within the conformed parameters. Utilizing Ethereum network technology, POLY operates on protocol layers that enable smooth interactions.

How to Buy and Store POLY?

To purchase POLY, Flooz.xyz offers a streamlined process that serves as a one-stop solution. With a smooth checkout process, traders can buy POLY directly on Flooz.xyz without the need to own a wallet. Tap tap go! All payment methods are supported, making it convenient for users to complete their transactions. Additionally, using Flooz self-custodial web wallet ensures seamless transactions for POLY, allowing users to store, send, and receive tokens with ease. Creating a self-custodial wallet on Flooz is quick and effortless, requiring only an email, Google, or Apple ID. This seamless and optimized trading experience has captivated over 85,000 active traders on Flooz.xyz. Furthermore, by using Flooz.xyz, you have access to your funds at all times, thanks to the power of cryptography. In addition to its user-friendly features, Flooz.xyz aggregates more than 50+ providers to ensure you have the fastest and cheapest payment routes for your POLY trades, providing you with peace of mind and added security.

POLY Metrics:

• Current price: $0.0351

• Market cap: $31.53 M

• All-time high: being indexed (being indexed)

• All-time low: being indexed (being indexed)

• Daily trading volume: $1.17 k