<h2>What is Polymath crypto?</h2><img src="https://lh5.googleusercontent.com/pppaR8turpCdZQ_4tCBNehs6OhjfffgkYw-QiGfVIDfNPP6t7dsZX4gwdRDwtGj15VYy0WTXK_h9FU_b64M5ci0n0e7deNs8PuML2Y8ileLIsuP6fVFpXxP6eLhC_EVI0Kcd5_22r-BbKOXcrN20iLlczdBkUSaCd73FdaqP-huGE_N8Vi1KoZvhWw" alt="What is Polymath crypto?" title="What is Polymath crypto?" width="624" height="351">Polymath is used to create and manage digital securities on the Ethereum blockchain. Polymath can help companies that issue stocks, bonds and derivatives such as futures to raise capital from investors with absolute precision. Through Polymath crypto, companies can issue their own shares through <a href="https://www.builder.news/crypto-insights/blockchains-backbone-to-call-smart-contracts-InrUS" alt="Blockchain's backbone to call Smart Contracts" title="Blockchain's backbone to call Smart Contracts" target="_blank" rel="" class="">smart contracts</a> to participate in the stock market or call for investment based on their easy, inexpensive and fast existing assets.Polymath allows investors to use a decentralized place to bring safety to digital currency transactions as well as high-security modules. Accordingly, Polymath will require organizations as well as investors to identify through authentication, their place of residence before joining and using any STO service. Objects participating in Polymath crypto will have different functions, such as:<ul><li>Investors: Organizations or individuals who want to trade or buy security tokens at Polymath.</li><li>Issuers: Those who want to sell the above codes at Polymath.</li><li>Legal delegates: Legal representatives are allowed to bid. They will act as advisors to guide security token sellers to follow the correct process and comply with the law.</li><li>KYC providers: Verify the identity of the participants, verify the right to participate and be recognized for STOs.</li><li>Developers: Software professionals and engineers who invent or review contracts that lead to the release of STOs.</li></ul>Polymath protocol was born by CEO Trevor Koverko, he has many famous achievements in Silicon Valley technology. At the same time, he is the founder of a leading global company - DAI in the field of buying and selling huge profit websites. The co-founder of this protocol is Mr. Chris Housse, a businessman and lawyer with extensive experience in Blockchain technology.<h2>How Polymath works</h2><h3>4 layers of Polymath</h3><img src="https://lh5.googleusercontent.com/q7Gz3NiLnkZsa-VUB_aGqXQIrrbApjaCEWzHVd-ui7Dagaxif8ODN_zpOp_FKvL5lI1_KDpOYZTJMZd8kDF2tUxblO_9K9irtvSR1BoldZgKg59EoKgcz4EWB9SD8Zx8RNz7NgEN-TfOMpAYJdF3tfTp7veW01wTXhn2ZDLBt4kGNWw_LERBMMXz" alt="4 layers of Polymath" title="4 layers of Polymath" width="624" height="351">Polymath is said to face the following problems. The first is that ICOs have many flaws around user protection and risk breaking the law. The next problem is that the STO solution is quite complicated for startups, small and medium enterprises can do it by themselves. To solve the above problem, the Polymath platform is designed as a one-for-all platform. It can help a project launch its STO on the Polymath platform even if the project does not have smart contract expertise on Ethereum. Technically Polymath crypto has 4 layers:<ul><li>Protocol layer: At this layer, all securities codes will be used with information about the laws that are required to be applied at Polymath. Apply smart contracts of the Ethereum platform to confirm the KYC or AMK compliance process at the beginning.</li><li>Application layer: This is a layer that allows businesses to create securities codes in a few minutes, simply and quickly. This protocol will instruct users on how to generate digital currency tokens representing securities tokens throughout the process at Polymath.</li><li>Legal layer: The legal class will bring a set of legal categories to help businesses compare conditions related to Polymath's legal issues. This helps to ensure that those securities trading codes are fully regulated.</li><li>Exchange Layer: At this layer will bring liquidity by ST-20 standard trading process at Polymath.</li></ul><h3>The process of Polymath</h3>After the above 4 layers, at Polymath crypto, the following activities will be performed:<ul><li>Bring the decentralized project for the process of converting digital currency securities at Polymath.</li><li>Allows individuals to verify their identity as well as their license and status of residence to participate in services that bring security to the cryptocurrency - STO.</li><li>Allows organizations to bid at new launches to ensure service quality and regulatory compliance.</li><li>Provide and issue cards with high security in digital currency by combining the issuer with the developer. These teams will translate their Security Offering documents into cryptographic tokens, which in turn will produce ERC-20 compliant coins.</li></ul>The Polymath protocol applies a native digital currency called POLY to govern all transactions internally. Issuers and developers and investors will have to use this digital currency to implement into the system as well as in the process of developing their security tokens on the platform.The Polymath crypto protocol uses an incentive model, so developers using them will be able to create or execute an offering contract from scratch to earn small profits to participate.<h2>POLY token</h2><img src="https://cdn.builder.news/news/11ed3e47ac10fa1aa8e6023f659fee92.jpg" alt="polymath cryptocurrency" title="polymath cryptocurrency" width="600" height="314">POLY is the utility token of Polymath's ecosystem. This digital currency is developed based on the ERC-20 standard in the Ethereum ecosystem. Polymath has a very important role in creating the impetus for the smooth operation of the Polymath Blockchain protocol.In addition to the above ERC-20 standard token, Polymath crypto also has ST-20 standard cryptocurrencies, a standard based on STO protocols. This is a variation of the standard ERC-20 coin in the blockchain ecosystem in Ethereum. According to sources published on the website, the ST-20 standard was added with the function to limit the transfer of tokens. In addition, Polymath crypto will assist security token issuers to ensure that the application of regulations is complied with by the money transfer restriction at Polymath.The current live Polymath price is $0,246089 USD with a $195.132.677 USD 24-hour trading volume. In the past 24 hours, Polymath has decreased by 1,47%. With a live market cap of $227.631.870 USD, CoinMarketCap now ranks #126.<h3>Polymath crypto price prediction</h3>Polymath crypto price history has been rocky. On February 2, 2018, the token debuted at $0.7905 and immediately rose to an all-time high of $1.66 on February 19. However, Polymath crypto turned out to be overpriced, and the token collapsed for the rest of the year, along with the overall bad market in cryptocurrencies. At $0.13 at year's end, it has decreased by 84% from its debut. Over the ensuing years, POLY's price fell steadily until it reached an all-time low of $0.10 on March 13, 2020. However, 2021 marked a turning point for cryptocurrencies. On April 3, when the platform was getting ready to deploy its blockchain, it reached a high of $0.80. On October 13, Polymesh went operational. Throughout the next month, POLY rose sharply, reaching a high of $0.95 on November 28.<img src="https://lh5.googleusercontent.com/6Qj-cuevqG96b5VFFDc6wqgUsb_KKXkKTAGOW69Fp4yOhocCYSpOKy7F1ofLS37yXImBs3mJ6pwFmqIsVe0oa7OOv-Osn6e-QFh_gTk7CX_im5RiRAfIYkdGVXi6kaOwes_BwZxY7astdSsKEAfccVnHBLeTV7D_unWFRj9FxjKwGO_sneBxT3fbCg" alt="Polymath crypto price" title="Polymath crypto price" width="624" height="380">Polymath crypto price (Source: CoinMarketCap)Eventually, the current bear market claimed its victim. On May 12, POLY hit a 52-week low of $0.14 following the collapse of the Terra ecosystem. The cryptocurrency has lately seen some gains. On September 27, it was worth $0.2464 and had increased 21.73% over the previous week.When it comes to Polymath crypto price prediction, there were differing opinions (at the time of writing). According to some experts, the token may reach $0.48 in a year if the current bullish trend continues. Its projected price projection for 2025 was a maximum price of $0.98, with the possibility that it might soar to $5.95 in 2030. Some claimed that the currency would have only averaged $0.27 in 2022. However, a significant increase was anticipated, and the polymath price projection for 2030 indicated that the token may have averaged $5.17.<h2>FAQs about Polymath crypto</h2><h3>Where can I buy Polymath crypto</h3>The easiest way to own Polymath crypto is to buy it through exchanges like Binance, Huobi, or Bittrex… Or you can become Legal Delegates or KYC Providers inside Polymath's ecosystem to receive Polymath crypto Token Rewards.<h3>Is polymath a good investment?</h3>As on September 27, Polymath crypto price is on the rise and up around 20% from the previous week. However, it has had trouble with the bear market of 2022 and is down about 50% so far this year. It is crucial to conduct your own research on a coin or token to see if it is a good fit for your investment portfolio in the very volatile world of cryptocurrencies. Among other things, your risk tolerance and the amount you plan to invest will determine if the Polymath crypto token is a good investment for you. Never put money into an investment that you cannot afford to lose. Remember that past results do not guarantee future success.Bottom linesHere above is the Polymath crypto review from <a href="https://www.builder.news/" alt="Builder.news website" title="Builder.news website" target="_blank" rel="" class="">Builder.news</a>. With the help of the blockchain-as-a-service company Polymath, customers may create and administer their own security tokens. Polymath cryptocurrency was made to provide funding for this venture. Polymath crypto future is worth looking forward to. However, in such a bearish trend, you'll always do your own research before investing and never invest more money than you can afford to lose.<div class="pr-block-special">Disclaimer: This article is intended for and only to be used for reference purposes only. No such information provided constitutes advice or a recommendation that any investment or trading strategy is suitable for any specific name.</div>

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Polymath crypto - An essential solution for security tokens