Polymath wants to bring about the securities revolution by building a framework to allow the listing of registered securities tokens on Ethereum. It will introduce the ST-20 standard with baked in KYC and AML features. Can they really achieve what they set out to do ??
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Hope th best for poly.
I did get some.
They are trying to open a realm in the crypto sphere.
Keep on steemin’
I hope so! Sounds promising!
Long live Vitalik.
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Keep on steemit
nice video D:)
My dear, I'm lagging in steemit , so help me
I have invested in traditional securities for over 20 years and definitely see the opportunity of this space exploding in the future given the efficiencies and transparency that can be achieved. I believe there have been some security tokens already issued but not on exchanges because of the regulation; they have been placed with accredited investors, mostly in the venture capital space.
Another company in the space issuing the first security token is tzero which is owned by a Fortune 500 company called Overstock. They have the systemic licenses and technology to launch an exchange to list and trade security tokens. They have also partnered with Polymath in the space. Given the trillions of dollar in these traditional assets, the space has huge potential.
as i think all crypto coin will boom with eth and its blo kchain as it have many more potational. thanks mate for this best and easy to learn things. @boxmining thanks again
Coins mentioned in post:
If there project succeeds it will make buying tokens incredibly simpler and safer for investors so i really hope its a fruitful mission
Polymath is aiming to help with the technological, legal, and liquidity hurdles standing in the way of entrepreneurs.
nice .. it's dancing once i like with this bright color ..
this could be a lesson for me .. i can learn with this ..
Poly has a great vision to support many entrepreneurs out here in the crypto space. There is no doubt in my mind tokens are securities, and eventually US law will reflect that
Free air drop my arese! Applied and was rejected based on KYC regulations, as Polymath failed to upload my info and gave me no longer existant support/customer service info. Feel they likely advertised a free airdrop while keeping the goods for themselves
I got the airdrop. You had to be lucky as it was a complete mess.
BnkToTheFurture is also doing a similar thing to Polymath. It should be good having some competition in this space. I'm just worried the regulators say only security tokens on these platforms are legal.
https://imgur.com/4op5Q0p