Last week POLYCON brought together blockchain, fintech, and capital markets leaders to discuss tokenization; in particular, securities tokens.

In our research and development, we’ve realized that there are many misconceptions and misunderstandings about security token offerings and token technology.

While self-described utility tokens have been the most popular use of Ethereum’s smart contract technology, we believe securities tokens will soon dwarf utility tokens in market cap.

That’s why Polymath brought our community together–to further advance the concept of securities tokens. We have long looked forward to collaborating with some of the finest minds in blockchain.

At last week’s POLYCON we heard from some of the best learned lawyers in the space, such as Attorney-at-Law, Jason Seibert, who is considered to be a leading expert when it comes to securities on the blockchain.

In fact, Mr. Seibert was among the very first to comment about the securities implications of tokens.

Others ascending on Nassau, Bahamas this week also contributed fresh and exciting ideas.

Jor Law is the founder of VerifyInvestor.com, a platform for the verification of investors, and a founding shareholder at Homeier Law PC.

Anthony Diiorio, the CEO and Founder of Jaxx & Decentral, who is also a co-founder of the Ethereum project.

Patrick Byrne, CEO of Overstock.com, made Overstock one of the first major retailers to accept Bitcoin. Patrick is also the CEO of tZERO, the first SEC licensed security token exchange.

Lowell Ness and J. Dax Hansen from Perkins Coie LLC, two of the most highly respected securities lawyers in the space.

Of course, Chris Housser, Polymath’s very own Chief Operations Officer, moderated a panel. Chris has both securities law and blockchain legal experience.

Some of our favorite quotes from the conference:

“The SEC has said there are no utility tokens anymore. Are there any exceptions?” — Michael Terpin on the “Regulation and the Blockchain” Panel.

“I would not be surprised if there were $1 trillion of securities on the blockchain by the end of 2019” — David Johnston, Chairman of the Board at Factom

“If you care deeply about this technology and this space you need to speak with and work with regulators.” — Matthew Roszak, Bloq Co-Founder

We also made some announcements that we shared like our new advisors.

Emily from Shapeshift spoke from the frontlines of altcoins, touching on community management and much more.

The Securities Token Platform

Securities tokens are programmed to verify who can buy and sell them by restricting token holders from trading to addresses that have not passed the required verifications. Issuers can rest easy knowing their tokens will only be held by authorized investors.

Smart contract technology, in the form of “security tokens offerings”, enables security tokens to trade in accordance with any rules required from various jurisdictions involved.

It was the right time for a securities tokens conference. Recent SEC comments make that clear.

Let the stampede begin.