As the Polymath Community already knows, we see the next mega-trend in crypto as the emergence of securities tokens. These are tokens backed by real assets like equity, LP shares or commodities.

Right now, there are only a few securities tokens in the world, because it’s just so hard to launch one. Soon, we expect there will be thousands in existence. But first, a platform needs to emerge that lowers the barriers to create securities in the same way Ethereum made it easy to launch utility coins.

Exactly this is what we are doing with Polymath.

Technology

Polymath will soon be unveiling a fully functional marketplace where Token Issuers and Token Investors can connect. The core of the Polymath technology stack coordinates the interaction between participants (lawyers, KYC providers, issuers, investors, and developers) in what we have termed a ‘Security Token Offering’ or ‘STO’.

The number one problem securities tokens face today is lack of liquidity upon launch. No exchanges will touch such tokens today due to a lack of KYC restrictions. Thus, the token essentially becomes a ‘zombie coin’ with no liquidity.

With Polymath’s baked-in KYC solution, issuers can rest easy knowing their tokens are held only by authorized investors, and not by those who do not meet the specified investment criteria.

We see this space as a land grab. The more issuers and investors that Polymath onboard, the bigger network effect we create.

Powering this Polymath platform is the POLY token which will provide the ability for all the key participants to interact with the network. Given the anticipated size of this network, the utility of this token will be evident.

Our Issuers

We recognize how daunting the process of issuing a security on the blockchain may seem to new issuers. The efficiencies in time and resources to be gained from a more streamlined, tested and proven approach involving a trusted set of industry partners are well worth the initial effort on our part to bring everyone together on the Polymath platform.

Polymath’s key success metric is the number of prominent and successful security token creations that take place on our platform. ‘Issuers’ create and introduce a new token.

Behind the scenes we have been working with some of the most prominent upcoming token issuers in the world. In the last week alone, three well known issuers have signed on to create on our platform.

The hardest part is keeping up with all of the demand. We have had hundreds of issuers reach out to us. Some of them are billion dollar companies. Some of them are public companies.

Many of them are companies you all would recognize

Partnerships

The Polymath platform will bring together strategic partners and blockchain service providers to enhance the onboarding experience and value proposition for our issuers and investors.

We were excited to announce earlier this week a partnership with SPiCE VC. SPiCE is one of the first security tokens to be issued in the market (the second venture capital fund to do so after Blockchain Capital). Our collaboration is a step towards the construction of an industry consortium designed to drive forward and scale the tokenized securities market.

Next year, Corl Financial Technologies, Inc. (Corl), Ethereum Capital, and SeriesX, plan to each have securities tokens generated on the Polymath platform.

Through these partnerships, and the many more we are currently working on, we aim to ensure that smart contract creation, identity verification, issuer legal counsel, post-issuance trading and liquidity will be a seamless experience for our issuers and investors.

The last six months have been exhilarating. I am proud to say we have been quietly executing our roadmap and hitting all of our milestones. That said, it’s time for us to share with you some important updates.

….let the stampede begin!

Trevor Koverko

Chief Executive Officer

Polymath Inc.

Be sure to check out articles about our company in Bloomberg, Forbes, National

Post, and join our Telegram Community.