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What do you say of the new ST20-token based call Polymath? Will it succeed? Will it follow Ether's steps or is it better? State you ideas and make a discussion. https://www.polymath.network/wizard

Even if Polymath manage to offer something more to ICO owners than ETH, it will take more than 1-2 years to move even close to ETH market cap and adoption.

So, no - not in 2018 or 2019.

No bro ,polymath is not going to overtake etherium anytime soon just like etherium is not overtaking bitcoin any time soon.sure polymath did an aggressive marketing campaign surpassing almost every crypto in terms of telegram membership( more than 50000).it will have its day in the sun but not now.i am also happy to be amongst those that recaived their 250 polytoken today. And hoping it does well when fully functional

I totally agreed with above comment. Even though polymath is a good project, it is not easy to overtake ETH. But investment purpose, you could gain more profit investing on POLY than ETH.

I Think Polymath have to look at cardano, NEO and Quantum before targeting ETH marketcap, they are strong competitor for ETH to IMHO. Polymath need to take over this blockchain first before targetting ETH.
ETH is like mother of smart contract based cryptocurrency, it has a huge community ,great development team and have a lot of company that used their smart contract, so it will take a very long time for competitor to take over ETH position.

Well I had my first real trading experience today. I received the airdrop and had my 250 poly. I read an article about how it wouldn't be worth more than a dollar after tonight, so I sold mine for .475 eth. I then saw the buy orders higher than the sell orders and tried to buy them for more than I sold them for then sell them and rinse and repeat. I got caught and the market was and is still being manipulated by a few whales. Now, 5 hours later and poly is trading under 90 cents.

I think it's very hard to go beyond ETH, because NEO,QTUM and these tokens are also intended to go beyond ETH.
As you can see, although there is a large number of users and good technology in the NEO, QTUM, it is almost impossible to go beyond ETH, let alone polymath.

Polymath is not going to overtake etherium anytime because all token on etherium platform alway follow!
Need a big change to be able to pass!

It may work in case of a good marketing but it needs to support something else like graphic cards or some other suppliers. Competition with Ethereum or bitcoin can still possible with a very hard effort

I hope POLYMATH will surpass ETHERUM.
I will investing and HOLDING POLYMTH until it succeeds brilliantly. Good luck!

I haven't received my polytokens yet but was wondering what exchange are they on?

To the question, I think Polymath will be successful over time but I can't see it overtaking ETH. Like all new coins/tokens they will have to show some results and continue to build trust among the community. Hopefully as they do this Poly will grow and be worth at least 10x what they're at now. They would be expecting the free tokens they handed out to be dumped on the market so i'm sure their is whales waiting to buy them up at a low price.

Pretty much this. If poly takes over eth, it won't be within this year. People seem to forget how long it took ETH to get where it is today. We can't predict the future so we don't know which coin will have as much marketcap but it isn't happening anytime soon and until they've proven their worth.

Not now polymath had done good social media campaign by taking 50k + telegram subscribers their strategy looks good but not in near future . In the technology perspective NEO is the better competitor for ethereum .

I don't think so, there is a big competition in blockchain platforms (ADA, Waves, NEO, ICON), that have much more opportunities to overtake ETH, then Polymath.

It's will be a supprice were Internet of Things always happend. so there's possbile to be competitor between a platfrom even be worse to  shifting a eth.
Lets waiting how that is be goes, just remember inovations always came to be better. I'll keep my eyes to see way polymath.

I would agree there's far too much competition for this to be considered a strong contender to overtake it anytime soon

What sort of marketcap will this have on debut I wonder?

I like all the altcoins because all are the branches of the crypto market and we have to participate in these all bitcoin is good to make some investment in this. The most important thing is the nature of currency and acceptance of currency some time the currency is not accepting for many reasons so that create problems in the time.

according to me thats not possible right now but i wont tell that it wont ever be possible,maybe in the future?
the difference in the market cap is significant and the popularity of ethereum is also more.
even if polymath shows potential it will take a lot for people to trust it and invest in it whilke on the other hand ethereum has proved to be an alternative for bitcoin and its investors are increasing day by day.

no, i doubt anything can overtake ethereum as long as people don't care about the project itself and the productivity of the projects. so far all they care about is money and how to make more of it. and because of that they never invest in any altcoin for long term. they either learn how to trade which means short term holding during pumps or they are newbies who buy on top and become bag holders.

and because of that coins like ETH which have big whales with deep pockets (the centralized foundation) keep its price up and doesn't let it fall.

if the way people treat altcoins changed, ETH would have dropped to $10 in less than a week and good projects with less serious bugs would have grown big.

need to do a bit more research but seems to have nice potential. 
eth:0xcad0d027fa48f559d4b05bd063a36de1cdfa2d69

yeah I agree, there is no way it is overtaking ethereum. It's an interesting platform, but it's not a complete new innovation in cryptocurrency so the chances of it doing that well are slim.

It is not possible to overtake Ethereum because before it happen, he has to endure the competition and it needs a real product or a working project. NEO, Cardano, NEM, Stratis and so many new players that are just behind ETH that Polymath needs to face.

I think they're very different in nature/function. The ST20 token is great for what they're trying to do. The project itself is really good and securities will be huge these upcoming years.

I think this will not be. The ethereum still has a huge potential and I expect to see him in the first place by capitalization.

Not even in 2018-2019 as you said. I suppose it will never happen. Ethereum is the coolest platform, and millions want to have ETH coins in their wallets and deal with this crypto. Polymath is still unknown.

I guess you are right man, so I will just keep my token that I have got from their airdrop the day before yesterday. And in addition is it advisable for us to do the KYC even though it's just an airdrop? Did Ethereum did that back then when it was just starting? That was my first one signing up and doing the KYC, I thought it was just for ICO but now they are using such things in airdrop too.

I think ETH is too big right now, some people even think it will dethrone and be the "king" after btc.

So any other coin trying to catch up might take a long time doing so.

I don't think so. Ethereum is number 1 for me.
There are 2nd league for others. Such as ADA, QTUM, Waves etc. Polymath can only try to beat them but not ETH.

Nope, i don't think so. I never see a ERC token can beat an ETH. Ethereum is coin and also a platform. Polymath is ERC token which running on Ethereum Blockhchain. So how can polymath defeat ethereum? Except if Polymath create their own blockchain, it will make sense like Cardano did.

It sounds really amazing about this project but if a coin want to ovetake ETH or BTC in price, they have to earn the trust from investors to which is the hardest things to do in crypto currency world.
There is a time that i do believe that Ripple could replace BTC in the coinmarket but not anymore for now. Every analysis should have a basis.

I don't believe that polymath will take over ethereum, because eth is one of the best altcoins and polymath is just an altcoin that you can trade for ethereum. Ethereum is for long term trading or invesment.

I think not, to be able to overtake ethereum takes a lot of time. I think it will be difficult to overtake the eth even though the current value is down. because eth is always the second reference after bitcoin over all atlcoin values. this is a simple comparison.

Comparison with Ethereum certainly pleases, because I also have POLY, but at the moment - it's not real. I am sure that Polymath will not stop at what has been achieved and will develop further! ;)

No I don't see any alt coins taking over ETH anytime soon, especially one I have never heard of.

Almost every day I see such post that someone can overtake eth or BTC ;D But these companies even don't reached previous killers) Like Waves, NEO, ADA, XEM. Try to do one ICO at least) This looks like rumor speculation nothing more)

Polymath has a long road ahead but the only way it can go is up.... a few years ago who would of thought that ETH will be worth over 100 Bil ?!Not many im sure...   so at this point in time , looking at how things are now ( ETH is the Titan of altcoins/Poly is just a baby ) , it is hard to imagine Poly will be bigger then Eth, but this is crypto world, anything is possible...

couldn't agree more. the project itself is accessing a market worth trillions and trillions. Polymath itself is a very good project in terms of what they're doing. Better to get some POLY and hold onto it for a while. Watched their AMA this morning too. https://youtu.be/EDCLlVbZ6ms

Nah Cardano will overtake Ethereum :)

Polymath is a very interesting project that has the potential to make the whole crypto world sit up and take notice. The concept of helping ICOs with legalization and startup already exists with other coins. But there are some details that seem promising. Overall, the ethereum to run out of rank? I do not think so.

Ethereum is on a tremendous roll.  Last time I looked, something like 95 of the top 100 tokens on CMC were launched on Ethereum.  It will be hard to take down.  Plus, polymath will have competition from Waves, ADA, Neo, Stallar, etc, and a new coming that is getting buzz, Cypherium.

No, I don't think so. Polimath seems to be very interesting project, but Ethereum is already establish and very popular coin. I don't think anyone can overtake Ethereum soon.

In my opinion Ethereum did not become big out of nowhere, simply underwent a great process until the current moment and needs to evolve each day, its growth trend is very gigantic, but we should not underestimate any currency, we should not underestimate its capacity and time of reaction in the market, but Polymath does not have all the repertoire of Ethereum, and also has a lot to grow, in  moment is almost impossible to overcome Ethereum.

everyday we are seeing new technologies which would break the older tech. but the simple fact remains that adoption is very paramount. if new tech isn't adopted then its practically valueless. ETHEREUM would continue growing as its a fuel or power house for other projects coming up and running.

Umm.. Polymath is pretty nice and all but, I'm gonna have to say no. Although clearly, Polymath is a great project since its concept is good and has a great developing team that are credible and hard working to back this project up(I'll give them that), I am gonna have to side with ethereum for now. Because obviously, polymath is still at it's earliest stages and still has very few people supporting it compared to ethereum itself. And we all know that besides great ideologies and great developing teams, popularity is such an important thing when it comes to projects in the crypto world. Which is why I think that this will not be happening yet anytime soon or even later. Although I cannot guarantee that this won't be happening for at least 5-10 years from now because cryptos are truly unpredictable, I am pretty confident with this.

But even saying so, if the question was if whether I would be investing on it or not, I would probably say yes since I think it really has great potential to grow more in the coming months to years. But in regards to it being better than ethereum, I really cannot agree with it for now. But we'll see maybe something miraculous happens years from now to polymath that can really turn the tables. But till then? ....

Polymath is approaching the levels of XRP in terms of the levels of corruption. I don't know how you idiots are promoting this absolute garbage.

Btw, the polymath thanks you for your ID cards, the American government and the Darkweb will use them well.

Agree. While polymath did pull off some excellent marketing. Id imagine that they will be tough pressed to evercatch ethereum. That is quite climb....

Well people who put their faces and other personal information on social media wouldn't really care much about this though. But even if a few people still really do care about having total privacy or just a bit, I pretty much think that sooner or later more project like this that requires personal information will really come to existence since the numbers of the dumb people who do not care about their privacy or what these kind of projects do with their personal information are quite a lot. So there really is nothing we can do about this kind of problem. Or should I say, it is completely out of our hands now. Because clearly, it is their choice since that is their information they are sharing. All we can do is ride on and let them do the sharing of info while we buy coins from projects like these on exchanges and take profits. Trust me man, it is easier to live if you only think about things you can control and not stress yourself with things that are completely uncontrollable. good day man.

It is impossible my friend because Ethereum is king of Altcoins but on the other hand Polymath has to go very long way, to create its own respectable position in Altcoins. Ethereum is the 2nd largest currency in volume, people have faith on it and there is almost all currencies are work on Ethereum platform. U also saw there is very big gap in both prices and which is impossible to fill. Due to all factors i say that polymath can't overtake Ethereum in any situation.

These threads are always created just because you WANT it to overtake ethereum. But it's not going to happen.

Post something else we should not be debating on this kind of topic presently. It can't come near eth at this present in time.

So here is a question. Has it worked?  Per page 13 the security token is not supposed to be tradable to someone who is not verified.  Has anyone tried to buy some tokens with an unverified eth address?

Has anyone seen that Polymath is being sold?? They even got listed on cmc lol. https://coinmarketcap.com/currencies/polymath-network/

What is going on??

At that price it would be 24-25 on the charts already!

More than comparing them to ETH, I think there's something bigger that Polymath is doing. They are leading the conversation for regulation. https://blog.polymath.network/the-sec-and-cftc-on-blockchain-cryptocurrencies-and-icos-3f1d65846d21

I don't really think that Polymath has any chance to overtake Ethereum , this statement is already a joke. The only alternative platform which is a real convurrence for Ethereum is NEO IMHO.

I think it's too early to compare new platforms with popular platforms like ethereum the top 2 coin in crypto world.
it may take years to beat of ethereum if Polymath is better than ethereum.
but I don't think polymath is good like ethereum.

With 95% of the new tokens being issued I would say there are no coins out there that are a threat to etheriums dominance, for now anyway.

So when is your prediction. What offer do you mean that more than etherium offer for ico owner?
I dont read the detail about this polymath but i heard many people about this here in the forum.

Will the pieces of paper I just printed off my computer that say MAHNIES on them replace the $ as the world reserve currency?!?!?!

I agree very much with you, any coins or tokens are not stable without years of development.
If the ST20 really developed, who can say ERC20 stagnant yet.
But for me, I still prefer eth, because at least I know something about it.
However, I think I will also take some time to understand polymath later.

I think in the near future, it is very difficult to replace ETH. Because the ETH market is very large, almost every currency uses it as a swap standard. In addition, it is a new currency, less known to it, the ability to grow and surpass value than ETH is unpredictable.s

It wont happen even if its better than ethereum because just like bitcoin it has made its place as the first crypto and ethereum the first smart contract crypto.

Regardless, has anyone seen that Polymath's big announcement?? https://blog.polymath.network/introducing-polymath-core-polymath-js-800b80eea9b

I think not. Ethereum has a firm position in the market and may soon overtake bitcoin. Why such a small coin as a Polymath can't outrun Ethereum to price or capitalization.

It is also a token based ethereum.Then I don't think I could be able to overtake ETH.ETH is too good to beaten by a such token.We'll wait and see what will happen.

If there is only one coin that can surpass ethereum's position it would be the chinese ethereum "NEO" that is growing massively because more developers are choosing NEO's platform over ethereum's platform which because NEO has more advance technology than ethereum,.NEP5 tokens will surely replace ERC20 tokens in the near future.

don't think it's fair to compare polymath to eth. both doing different things. however, I do see lots going for Polymath. Their price is at $1.27 right now. Pretty good and I'm sure they're planning on hitting more exchanges too

I dont take Polymath can overtake ETH . Its impossible to happen 1-5 years from now , simply because its not an instant boost to price and marketcap . Traders are the one who dictates the price whether they would pump or not . And becuase some projects are ERC20 based , they also help ETH get more marketcap since they are usually traded with ETH pair . So for short , Polymath need more time and more trading partners to be able to overtake ETH .

No, it will not. Etereum grows too fast and has excellent advertising. In my society, everyone talks about the ethereum. I think this is also some measure of his success.

In my opinion, the Ethereum is the best. Even despite the fact that now there are a lot of them and every day there is more. There are a couple of good options, but the Ethereum is the best. ;)

i think they're different from eth. they can be the eth of the securities world though which will make them huge

Guys Polymath is going to be huge. So far listed on limited exchanges, but once they hit more, then we will all win

So in terms of poly being above eth in market cap, I think eth will be always ahead so it won't overtake eth in that aspect. Polymath could overtake the security token space but eth will always control the utility space.

Anything is possible but when you consider how ethereum has grown since its ICO and the numbers of projects that are dependent on it, You may second guess the possibility of your question. If ethereum goes down to zero, the several ethereum based project would suffer seriously until they are able to build their own mainnet.

For me the new upcoming platform is Neblio:

Smart contract platform with token creation capability like Ethereum
Ethereum is looking to become POS, Neblio already is
Ethereum supports 1 programming language, Neblio 8
Neblio supports metadata allowing info to be held within transactions, this is something Eth don't expect to introduce until atleast later this year

The best bit is unlike most of the other platforms who make all these claims of amazing features on their whitepaper with no working proof for years. Neblio has these features already on it's platform. Currently a few ICO's and others are beta testing the wallet (a video by one of the users is available on youtube, search neblio orion wallet)

The crazy thing is Neblio only has a market cap of less than 250m usd. Most competitors who are not as far ahead working product wise are over 1 billion usd marketcap. This thing is going blow soon!!

Polymath is very promising project. I read their plans  and sounds legit anyway. But to reach the place same as Ethereum takes time, and I believe not any time soon. Polymath needs more marketing and let their technology by known and used by many. I have also polymath token for long hold.

Have you seen the amount of supply it has. Maybe the market cap could be reached, but the price, really hard. It's going to take a lot of time.

Polymath is all paper idea for now. Their platform is not yet test to see how it will work or to see it in action. The price is going up because they did airdrop not much people got as much as they want so no dump. Until their platform is fully deployed and test. They are not to be compared with eth

Thought this was a great announcement from them: https://blog.polymath.network/introducing-polymath-core-polymath-js-800b80eea9b

Holding some poly right now. Planning on picking up some more. in terms of poly vs eth, very different. Although I can see them as the ETH of the securities world

It's pretty crazy how high the Polymath value is. I doubt though that Polymath is going to ever overtake Ethereum. There is just too much gravitating around Ethereum. It's one of the funding fathers of the crypto world.

Polymath has a good marketing armor but i think didn't have a good enterprise partnership unlike Ethereum, if they want to overtake ETH it will take for more than 3 years today. ETH have already gained a strong position right now, ICOs and other altcoins are adapting ETH blockchain.

Not so great as you said but how dumb OP because he can't see the differences between polymath and ethereum. Polymath aims to build security token market which it's fully regulated. Ethereum tries to build the future protocol based on the smartcontract. It's totally different. This thread is obviously created to shilling polymat. the marketcap doesn't even worth 300 million dollars. This is a joke.

I think a lot of people don't understand what polymath does that's why it comes off like that. When you really understand what they're about, it really is a good project and very much different from eth.

On Ethereum there is at least Ambisafe's project Orderbook that does pretty much the same except far ahead, because:

a)Orderbook is already working decentralized exhcange.
b)Orderbook is an ICO platform that launched couple of dozens ICO's.
c)Orderbook actually holds patent for regulated token technology . https://www.newsbtc.com/press-releases/orderbook-announces-one-kind-regulation-aware-protocol-tokenized-securities/
d)Orderbook has implemented KYC/AML verification, Accredited Investor Status verification and DocuSign electronic signature. This is the best compliance tool set that is implemented by any exchange.
e)Orderbook is now in process of acquiring SEC licenses for private securities offering and public securities offering. And you can't even apply for those if you don't have all of the above mentioned technologies in place already working.


Also instead of ordinary ICO they do a private SAFT round. You can ask them by mail or in telegram support chat about it.

Polymath is a very good project, with a team of experts and professionals of value, but it is too early to be able to say if it will be able to follow the steps of a colossus like Ethereum which, in my opinion, has no rivals

Use cases are different: Polymath is focusing on creating tokenised securities, within the Ethereum platform any kind of application can be built

Polimath is a very good project but Ethereum is still the best alcoin and its growth will be even bigger in the next 1-2 years....

Maybe or maybe not.Polymath is good but its hard to touch ETH at this moment for polymath.If polymath collects his success for at least 2-3 years maybe then it can touch eth .maybe.

I thought polymath was compete scam after there were numerous threads on this board about the polymath. I was going to invest into this project because I saw huge advertisements of the same on CMC and many other crypto related websites. That is what got my attention at the first time but later on when I started searching for more info then I found that it is just another ponzi websites taking off the investment of people. But uncertain world and uncertain promises who knows whats the truth really.

I think to compete the Ether this project will have to gain the trust of people first and then we can talk about the developments and stuff like that.

No ofcourse not.
Too little. too late.

Polymath raised when BTC was at all time high. I don't think they can match the expectations. Given how recently EOS sold 450K ETH.

I think that polymath isnt going to overtake ETH anytime soon just like ETH is not overtaking BTC any time soon. Sure polymath did an aggressive marketing campaign surpassing almost every crypto in terms of telegram membership (about 50000). It will have its day in the sun but not now.

It is too early to say whether Polimath can follow the steps of Ethereum. It is a high quality project with a high-level team but has yet to demonstrate its potential. Ethereum instead is now one of the best projects in the world of cryptocurrencies and it has enormous potential

I don't think it will happen any time soon, because poly platform is not yet tested and trusted, until it is tested and trusted and many people adopted it and accepted it then we can start talking about poly overtaken eth. Well In cryptos any thing can happen, let's watch and see, time will tell.

No its impossible polymath will not overtake bitcoin.because ethereum is second popular coin in the crypto market.Ethereum instead is now one of the best projects in the world .Polymath has a large community, but I do not believe Polymath is over ETH.Ethereum is still the best alcoin and its growth will be even bigger in the next 1-2 years.....

I like that the origins of the Polymath stand the same peoples that and were involved in the creation of the ETH. It is likely he will not be able to oust the ethereum from the market, but the project perspective.                  

I don't think so. Polymath can't even reach to Ethereum. Still NEO can't reach to ETH even though it offering ICOs.

I don't see this happening anytime soon. Not even soonest. Looking at the recent market dip issues, even coins that are posing serious competition for ETH couldn't even stand the test of time. I think coins such as Neo, Monero and some few others stands a better chance than Polymath.

Polymath has a good idea and potential, but it will never be better than ETH. I doubt that token developers will use this new platform, instead of the proven Ethereum platform. I think that this niche is occupied by ETH for a long time.

Polymath has an interesting technology. Its smart-contract checks who can buy and sell tokens. Only authorized via KYC-providers, users can operate tokens. In theory then there is no expenses associated with checking investors on exchange platforms.

A very promising project, but I think its heyday expect in 19-20 years. While this is only one of the potential analogs of ETH.

hmmmm.... we'll see about that after a year or two.. but definitely this project is amazing. It looks promising, has a great concept and a wonderful team and also they are very generous to their supporters  :) giving them about $250 for their airdrop.

There are dozens of alternatives available for ETH, including Cardano and NEO. What makes you think that Polymath is better than all of them? I have read their whitepaper, and I didn't found anything out of ordinary.

everyday we are seeing new technologies which would break the older tech. but the simple fact remains that adoption is very paramount. if new tech isn't adopted then its practically valueless. ETHEREUM would continue growing as its a fuel or power house for other projects coming up and running.

Agree! Those are built in ethereum would continue growing. Ethereum network operates globally with no regard for borders or regulatory frameworks within states.

Here's a good source of information https://medium.com/faast/is-polymath-poly-your-ticket-to-the-10-trillion-security-token-revolution-ddab56926874

Exactly. This is something which people need to consider before coming up with such comparisons. At the moment, Ethereum is in a different league when compared to Polymath and should be compared to coins like Litecoin, Ripple, Stellar Lumens etc. Polymath still has a long way to go before competing with Ethereum in my opinion although I do feel that this particular coin has a lot of potential.