What is Polymath?
Symbol: POLY · Market cap rank: #2522
Short answer
Polymath (POLY) is a cryptocurrency currently ranked #2522 by market capitalisation.
Source: isthiscoinascam.com
Overview
Polymath is a technology provider for creating, issuing, and managing security tokens on the blockchain, primarily using an Ethereum-based solution. The company has seen the deployment of over 200 security tokens and is currently launching Polymesh, a blockchain designed specifically for regulated assets. Polymath also introduced the ERC 1400 standard to create a framework for security tokens, addressing issues related to identity, compliance, confidentiality, and governance.
The Polymesh infrastructure aims to fill the gaps in standard blockchain technology to better serve modern capital markets. It focuses on four key principles: Identity, Compliance, Confidentiality, and Governance, which are essential for navigating regulatory demands. Transactions on the Polymath platform utilize the native POLY token, which facilitates operations for issuers using the platform to manage security tokens.
Scam-risk analysis
Polymath has a moderate score — some risk signals were raised but no critical concerns. Is Polymath a scam?
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