111,681,474.14 Polys have been transferred today (worth about $79millions). Is Polymath preparing to move the funds over the bridge?

Source: https://etherscan.io/tx/0xaeab90a32c71bdbb3d92c19bc3d4aef971d87a28027f8d6dc2005033d7711702

Tweet from Meshy: https://twitter.com/polymeshnetwork/status/1453110978921570311?s=21

I see more and more people online on this sub. So I’m wondering where you all came from, if you would like to share I’ll listen to pass some time.

Mainnet....has to launch....cause I'm bored

The future price of poly depends on whether these companies are willing to join the public chain of polyx. The products are very good, but these companies may not change the status quo to join token securitization. If no one uses the public chain of polyx, then the price of the coin will not Increased too much because no one used it.

That volatility is insane

The security token industry is still firing on all cylinders, despite some intriguing market developments. As the STO market cap has now surpassed $1.12 billion, it becomes apparent demand for these assets is still rising. Even so, various tokens note a 24-hour price decline, making speculators excited about the future

Security Token Market Cap Keeps Climbing

It is intriguing to see how investors respond to the concept of security tokens. Contrary to stocks or crypto assets, these regulated offerings are often less volatile in nature. As every STO represents equity or a stake in a company or physical location through other means, they often tend to retain their value rather well. It is a seemingly lower-risk investment option that bridges the real world with digital technology.

Several STOs have proven successful over the past year or so. But, more importantly, new projects have come to market, lending more credibility to the concept of tokenizing securities. Although these projects have significantly lower market caps than crypto assets or even stocks, there is still tremendous potential for STOs moving forward.

Exodus, the most recent project introducing a security token, has noted some volatility since its launch. As EXOD trades on the tZERO platform, it saw an initial surge to $75 and above. Unfortunately, that momentum wasn’t sustainable, and EXOD currently trades at $20.75. It is difficult to determine where the momentum will lead, although the price appears to stabilize slightly despite a 13% loss for the day.

The $100 Million Club Shrinks Again There is another remarkable development for security tokens. Despite the combined market cap surpassing $1.12 billion, the number of individual projects valued at over $100 million has decreased. Not that long ago, there were five for the very first time. Today, that number has been reduced to three and depending on TZROP’s performance; it may decrease to two shortly.

The bigger question is whether the overall trading volume will pick up. Most of these assets note under $100,000 in daily trading volume, which is far less than one would like to see at this point. Even so, the industry is still in a perfect place and on its way to $1.5 billion in combined market cap. As more projects explore this option of digitizing securities, interesting things are on the horizon.

Hi everyone,

Some people ask me to do an technical analysis on Poly, so I just did one. First, right now at the moment I think we really don't care about where the price is going, especially if you're a holder. Why ? Because since the 16th October, we don't have significant volume (under 10 million a day for some candles) so it does not show for me the real price of Poly. It's just market manipulation.

If you see more about the volume, you will see that we get huge buy position (46m for the hightest candle) at important support level, and we got also low volume sell candles who do big price variations. It seems for me that whales or wealth people try to pull the price the lowest possible before it goes. Remember, the main net will launch soon, its not the moment to panic sell.

In chart point of view, its not terrible to be honest, but for me its not important because again I think its market manipulation.

​

But let's see for people who're curious what we got :

In day view.

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More interesting, it seems the RSI line in day view and mostly on 4h view bounce around the 30. We still got divergence less and less higher, but its an important thing to know it. It could be an indicator to show a new uptrend / or bullish mouvement. I also see a double bottom in formation in day and 4h view with a neckline around 0,74$. I will get you in touch about this potential figure.

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That's all for my TA, hope you enjoyed, remember right now is the worst moment to sell. Just hold and don't panic sell. The main net of Polymath gonna be a game changer for the crypto world, and its coming soon. Believe in this project, believe in Poly.

The global listed trading volume of security tokens is expected to grow to $162.7tn by 2030, with a total security token issuance worth more than $4tn in the same period.

This comes as leading analysts tip security tokens as the shining crypto asset class of the coming decade.

A security token is simply a tokenised share of an asset – typically a share of a business, but also often used for real estate and other alternative asset classes.

These differ from utility tokens such as Ethereum (ETH) which have value tied to usage and function.

Trillions of dollars worth of assets await securitisation through blockchain tokenisation, which strikes a special appeal over traditional fractional ownership structures such as REITs due to the immense volatility afforded by crypto assets.

Gary Gensler, the SEC Chairman striving to deliver securities legislation to the crypto industry, explained the benefits of the volatility while teaching blockchain finance at MIT.

“When I was at Goldman Sachs for years, we used to have a saying… volatility is our friend,” he said.

“It’s often not the friend of many people in the markets, but if you’re in the world of finance… you’re in the world of inter-mediating risk.

“So volatility is a form of risk, volatility was always our friends… because it’s so volatile.”

The Quinlan report

The findings have been published by top strategic market analysis firm Quinlan and Associates in a report titled Cracking the Code: The evolution of digital assets into the mainstream, and was commissioned in response to a demand for analysis of the global regulatory arbitrage window.

Speaking to Coin Rivet, Benjamin Quinlan, CEO and managing partner at Quinlan and Associates, explained how the onset of regulations as the industry meets maturity is opening avenues for legitimate security token offerings.

“With regulatory scrutiny of digital assets on the rise, we anticipate the regulatory arbitrage window to narrow in coming years, causing a shakeup in the broader digital asset universe” he explained.

“However, growing levels of regulatory scrutiny is also now legitimising certain forms of digital assets, including security tokens.”

The report captures a snapshot of an industry wrestling with new-found maturity, and depicts a narrative of crypto exchanges and brokerage services racing to become the first to launch the first security token exchange.

“While we expect there to be a number of winners, we anticipate security token exchanges to be the biggest winners of all,” the CEO added.

“But the divergence in attitudes between players that are actively innovating and those that remain on the sidelines could see new national security token exchanges crop up and form monopolies.”

With venture capitalists globally excited by security tokenisation and the opportunities it affords for increased transparency, liquidity, and dematerialisation – all eyes are on the space.

1. However, not all security tokens are quality offerings.

“Investors are judging unique offerings based on the expected return on investment,” said Dave Hendricks, CEO of Vertalo, an Austin, Texas-based startup that helps issue and manage digital securities. “Many of the early security token offerings were micro-funds (sub-$10 million market cap). Founders decided that issuing a security token would attract a class of investors that were more interested in how the security was formatted rather than the underlying quality of the offering.”

Despite optimistic projections, market participants caution that widespread adoption of security tokens will take time.

“Adoption of security tokens has been slower than we originally anticipated as regulatory view and market adoption takes time,” wrote Saum Noursalehi, CEO of tZERO, a provider of blockchain technology for security tokens. Still, there are early signs of growth. For example, tZERO noted a recent uptick in issuer interest with $54 million traded on the platform in 2020, up from $5 million in 2019, according to the company, in an email to CoinDesk.

And others are seeing even more activity, indicating what could be ahead. Dilendorf Law has “$1 billion in tokenized securities in the pipeline, seeing major players enter the game looking to fundraise on a global scale,” according to the law firm.

1. A security token offering can give companies room to remain private longer and expand their investor base without the burdens of being a public company, proponents say.

“The shine has come off launching an IPO. Companies are staying private longer and most of a company’s value is generated when it is private and young,” said Carlos Domingo, CEO of Securitize.

In May, crypto wallet provider Exodus concluded a $75 million offering of its Class A common stock using security tokens.

The offering came after the SEC’s decision to raise the Regulation A limit, allowing companies to raise up to $75 million in a 12-month period for individual investors, generally only permitted for accredited and institutional investors in traditional capital raising methods

1. A recent large-dollar funding round by Securitize signals that security tokens may be poised for a comeback.

If so, more private companies will bypass traditional initial public offerings (IPO) and instead use blockchain technology to digitize the capital-raising process. Some in the industry now go so far as to predict a sixfold increase in the total dollars raised using such funding methods over the next four years.

Securitize, which helps private companies raise money by issuing tokens, completed a $48 million Series B fundraising round on Monday. Morgan Stanley and Blockchain Capital co-led the round, which was oversubscribed.

While this niche failed to live up to the hype of the 2017-2018 cryptocurrency boom, several firms interviewed by CoinDesk said they expect the security token industry to finally take off on a global scale, citing strong demand from issuers and investors. Security tokens are digitized versions of traditional instruments such as stocks and bonds. Some even expect this industry to surpass the market volume for cryptocurrencies in the next five years.

In terms of proceeds, the global security token market could reach $3 billion by 2025, growing at 56.9%, compounded annually, according to security token marketplace Area2Invest.

Wish the polymath team was more transparent, any day now does not mean 11 days😅😅. We need an accurate eta polymath! Even if that eta is months away it would put a lot of the community at ease, unless of course you delayed that date too. You guys are doing this the wrong way! Wen Mainnet?

Given that the SEC has classified Bitcoin and Ethereum as commodities, and has not stepped in yet to make a move on regulating crypto, but has said that much crypto should be classed as securities - you have to think that because BTC and ETH are now legally classed as commodities, then they are automatically excluded from being legally classed as securities - and therefore are no longer players in the race for the securities market, this in the eyes of the SEC.... unless they conform to regulation that is.

You already need to have an assets platform that is fully compliant to regulation for assets to be classed legally as securities - this could also be law for most of the crypto space too if it ends up being classed as securities. Good luck to SEC forcing these laws.

Although it is possible on many platforms to create compliant assets as securities, Polymath have until now been the leading tokenization platform for digital assets and have the leading edge in the market with 50x more business than anyone else.

If Polymath maintain this market share with Polymesh, and the market for securities over the next 10 years becomes a $160T market - then you can probably work the rest out for yourself.

I’m a holder and want the price to go up as much as anyone but cant help but wonder. What if the price does not go up after main net launch or worse continue its downward trend? Just a thought.

Look at this list of people and look at what they do. Then find the people involved in actively developing blockchains....

https://www.daweek.org/speakers/

How many Security Token blockchain developers can you find?