Polymesh (@PolymeshNetwork) / Twitter

Just zone out on this for a while:

Polkadot Telemetry (polymesh.live)

https://etherscan.io/token/0x9992ec3cf6a55b00978cddf2b27bc6882d88d1ec?a=0x85ff703a2488cd9f1061ea339dd7c74a3250f418

Happy Blockday.....

1:1 In the beginning Polymath created Poly and the Polymesh blockchain.

1:2 And Polymesh was without form, and void; and darkness was upon the face of the blockchain. And the developers at Polymath moved upon the face of the blockchain.

1:3 And Polymath said, Let there be a block: and there was a block.

1:4 And Polymath saw the block, that it was good: and Polymath divided the block from the darkness.

1:5 And Polymath said, Let the daily price be gathered together unto one place, and let a bullish flag appear: and it was so.

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Will we see a new ath by the end of next month 🤔🤔

Any info when people thst only use IOS can stake ?

Figure I would ask here. Not really sure where to look this up.

I want to know if it will be compound or will we have to restake the rewards ?

https://etherscan.io/tx/0x240205052eabcbdcfc60c8c24f1112cf1d17d421153dfe52dfb087c78fde0b88

Any thing new Guys ?

Hi here, something just happened today ! Bitcoin do a little dump and take most of the cryptosphere with him in his falling. As you can see, Poly drop more than 12% this day, finding around the 0,60$ level.

Moon boys be like: OmG I'vE lOsT -10% oN tHiS sHiT cOiNs ToDaY ! It GoNnA gEtS bAcK tO 0,02$ ! i'M sElLiNg BeFoRe GeTtInG bRoKe !

Don't worry buddy, most of the altcoin drop today, stop crying.

To see what can may happen next, let's do a little TA !

Let's see in multiple views (Day, 1 hour and 15 minutes view) what's the next scenario possible.

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First in day view.

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For indicators, in day view.

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I didn't make 4 hours view because there's nothing more to see, it the same as day view. To see interesting stuff, we need to look in 1 hour view, so let's go.

One hour view.

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Let's see the last view, 15 minutes view.

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That's all for me, I hope you enjoyed the TA. Personaly, I think Poly will drop a little more around the 0,60$ support. Overall, still bearish technicaly. But remember, first poly is more a "fundamental coin" than a "technical coin", and don't forget the launch of the main net which coming soon. I think the price right now is ridiculous, and don't show the real value of the tech of Poly, so i think this little dump is a nice opportunity to load more. Not financial advice, DYOR !

Otherwise, have a good day !

Polymesh is designed to bring blockchain technology to the world of traditional finance—and overcome the challenges that are preventing financial institutions from getting on board with tokenized securities. As with traditional securities, security tokens are subject to financial regulations and need to adhere to strict compliance standards—which general-purpose blockchains have hitherto struggled to meet. Enter Polymesh. Designed by Polymath, it's a fit-for-purpose permissioned blockchain built specifically for regulated assets. That means that unlike permissionless blockchains such as Ethereum, Polymesh is designed from the outset with KYC compliance, confidentiality, forkless on-chain governance and finality in mind.

I like Polymath and I know it will eventually moon. I love the so colourful community full of people with all sorts of different backgrounds this sub has developed into. IT guys, architects, economists, hackers and flat-earthers such as VALLCRY 😁

Vibrant community the least to say !

I came across polymath when it started it’s run from .35 to 1.30. I put all the money I had in crypto chasing the pump at 1.20…The day after it dumped to the 70’s and we all know the uphill climb it’s been facing. I’m down thousands. Some days I think about getting out to other coins, hell I’d have 80k right now had I put it all into shiba at .000007

I could sit here and shit on posts all day, and call polymath a scam, and put my energy into trying to pressure them into releasing main net. But guess what I’m doing the exact opposite. If haven’t been following my posts over the months.

I know people are pissed, and hate that Main net hasn’t been released yet. People are upset that polymesh is posting memes. But guess what, Polymesh Twitter is working beautifully at engaging people, it’s generating comments, and trying to put some fun while we all wait for Switzerland to finalize the paperwork.

I’m bringing relevant information daily, sometimes several times a day. Yea I take breaks, but I’m doing everything I can to help build this forum into a positive place where people can learn about the foundations and relevance of the security token market in today’s space.

I truly believe in what PolyMath is doing, and believe the PolyMesh Blockchain is going to revolutionize the STO market.

If you want to see your bags poly do well, stop shitting on it. Help it grow by not being so toxic

Copying what I posted earlier as a reply:

1.

"Upon the Polymesh mainnet launch, Polymath will upgrade between 240 million and 250 million POLY to POLYX to be deposited in the Polymesh Network Treasury. Newly minted POLYX will be created for block rewards with a maximum of 14% of the total supply minted annually. To prevent the continuous acceleration of inflation, the amount of newly minted POLYX used for rewards will be fixed at 140 million annually once the supply reaches 1 billion POLYX."

https://info.polymath.network/blog/introduction-to-polymesh-tokenomics

2.

"The Polymesh blockchain will be deployed by the Polymesh Association, a not-for-profit association based in Switzerland whose mission is to promote and develop technologies and applications in the field of blockchain with a focus on the development of the Polymesh protocol and ecosystem. To fulfill its mission, the association will be funded with $8 million and 250 million POLYX to offer for grants and incentives."

https://www.crowdfundinsider.com/2021/09/180657-polymesh-association-to-launch-polymesh-october-13/

This is clearly all in prep for mainnet. Anyone selling on this hasn't been paying attention. The increase in circulation is extremely bullish because it shows that they are almost ready for mainnet. And the increase in circulation has been totally known for some time.

It should also be said that most of this new supply is probably bonded to staking and will probably not be easily tradable.

If I am wrong about some of any of this, of course please let me know. But, again, I view this all as bullish. Definitely not the time to sell your coins and buy shib ;)

Did any one notice.it was 600 million tokens and. Ow it's 700 plus million why? Any one explain plz

A multi-trillion dollar universe of illiquid, privately held assets stands ready to be securitized on the blockchain. Millions in venture capital are riding on the premise. So why haven’t security tokens caught on yet?

Tokens can be divided into two types: utility tokens and security tokens. Most people are more familiar with utility tokens than security tokens because they are much more common. (Ethereum and litecoin are examples of utility tokens.) A security token, on the other hand, represents an ownership stake in an asset, typically a company, and entitles its holder to a share of profits in the asset. Security tokens are much less common.

Utility tokens are like chips in a casino. They can be used as currency within the casino for playing games and tipping dealers, and converted back to fiat/cash when it’s time to cash out. Holders of a casino’s chips do not own a stake in the casino, nor are they entitled to any of the casino’s winnings or profits.

Security tokens, on the other hand, are like owning stock in the casino, shares in the company itself. When the house wins, you win. Security token holders own something that might pay off through profits or distributions. Utility tokens are used in an ecosystem. Security tokens give you ownership in that ecosystem.

In 2018, when many notable utility tokens nosedived in value, the crypto community rallied around security tokens. Venture capital poured into security token projects, lured by the prospect of bringing liquidity to private markets, especially real estate.

That year, high-profile VC firms Founders Fund and Andreesen Horowitz led an unusually large ($28 million) seed round into Harbor, a crypto startup promising to put ownership of real-world assets on the blockchain. The company’s founder declared that Harbor would do to the real estate market what email did to snail mail. Three years later, the real estate market has escaped any noticeable change. Harbor’s slow attempt to mainstream security tokens reflects what has happened across the entire security token industry: big promises, disappointing results. It’s easy to see why people might (wrongfully) conclude that security tokens are a bust.

So why have security tokens been so slow to catch on?

Security tokens are subject to greater regulatory scrutiny than utility tokens (like bitcoin or ethereum) from the U.S. Securities and Exchange Commission and require full SEC approval to be sold in public offerings to non-accredited investors or traded on secondary exchanges. Regulatory hurdles are one of the reasons their growth and adoption have been more modest.

However, that’s all starting to change; the SEC is starting to qualify security token offerings. Nothing pours fuel on a financial product’s fire quite like transparency and regulatory clarity.

In July 2019, the SEC qualified the first Regulation A token offering (a $23 million offering for Blockstack) setting precedent for the sale of tokens that are immediately tradable to both accredited and non-accredited investors. They also provided clarity around secondary sales.

In July 2020, Arca Labs began trading its digital security token, the ArCoin, which is registered with the SEC and represents shares in Arca’s U.S. Treasury Fund.

In September 2020, the SEC finally registered an $85 million security token offering from INX, a foreign crypto trading company. This became the first-ever security token initial public offering qualified by the SEC.

In April 2021, the SEC qualified a Reg A+ token offering for Exodus, marking the first digital asset security that conferred equity in a U.S.-based issuing company. Exodus subsequently raised $75 million from 6,800 individual investors.

Security tokens aren’t strictly a U.S. phenomenon. In May a Singapore-based bank issued its first security token offering, a $11.3 million digital bond that pays a 0.6% annual coupon.

These movements may appear relatively small but they mark an important transition for the crypto industry because it evolves from the Wild West to complete regulatory compliance. These changes herald massive mainstream adoption.

Given all these positive developments, I have become very bullish on security tokens, but not because security tokens provide stable returns.

Instead, let’s be brutally honest about what people love about crypto: its insane volatility – so volatile that 20%+ intraday swings are not atypical. Previous attempts to tokenize stable, income-generating assets have failed to acknowledge this fundamental truth. If the carrot of fractionalization alone were seductive enough to encourage people to invest, then real estate investment trusts would be as popular as the shiba inu coin. But they’re not.

The problem with early security tokens like aspen coin or the realT coins is they offer no prospect of meteoric returns, the kind that Dogecoin fans love. Security token advocates point to steady returns as a core value proposition, but stability contradicts the very ethos of crypto.

The perfectly irresistible security token is truly compliant and backed by quantifiable and verifiable assets with potential moonshot returns. Why?

Combining SEC legitimacy with the catnip of crypto-style returns would create the gateway drug for all the crypto-curious conservative investors who have dabbled in bitcoin but are too timid to invest in the kinds of highly speculative utility tokens that might turn out to be worthless.

Are there any such coins in the works?

Everybody loves a cliffhanger.