Polymath, the securities token platform: A lifetime, game-changer opportunity for wealth?
Imagine if you had joined Ethereum back on its pre-ICO some years ago and had bought tons of ETH tokens. Nowadays, what size would be the smile on your face when a single ETH worths a thousand dollars? How many more opportunities will we loose because of a variety of reasons as, lack of time, poor due diligence or any other silly excuse?
Now and then there are opportunities that just cannot be ignored. And I think Polymath Platform fits in this description. By the way, what the heck is Polymath Platform, and why should you care about it?
Polymath intends to be a bridge between mainstream financial securities and the Blockchain. Its goal is to bring to traditional markets the possibility to have stocks, bonds, venture capitals, private equity and any other known financial investment asset represented as a token on the Blockchain.
Equity, LP Shares and Share Units will become programmable tokens that are more accessible, liquid and secure than traditional forms of asset ownership. Until now there was no platform to fill the gap between financial securities and the Blockchain. That is what Polymath was created for.
Polymath intends to do so, through the creation of Security Token Offerings (STOs) that is a parallel to ICOs in the crypto world. The difference is, STOs will be powered by the POLY token (now an ERC20 Ethereum token trading in KuCoin, IDEX and EtherDelta for just $1) and will let any business of the world to issue its own security to Blockchain users through a very simple way. Polymath intends to start a multitrillion dollars security token revolution.
Today's mainstream assets still use technology from the 80's and could hugely benefit from Blockchain, eliminating middlemen, lowering transaction costs and improving efficiency.
By being in consonation with Security Exchange regulation, it would guarantee payment of dividends and voting rights to Security Tokens (ST) owners. Also, it instantly enables mainstream securities to migrate to the Blockchain.
Maybe it is one of these lifetime, game-changer opportunities for us to prosper by being early adopters as the potential is unimaginable.
You can learn more about Polymath and also read its Whitepaper in its full extent on their website: https://www.polymath.network/
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