Thoughts on Polymath ICO???

[teddyelwyn]

Heard about polymath recently. Apparently they are a one stop shop platform for securities token projects. Based on their site and doing some research, this is what I've deducted from their project:
 

-Connect issuers to investors
-Easy for non-technical issuers to launch security tokens
-Strong team and great list of advisors including 2 ethereum co-founders
-A network of KYC/AML verified users to transact securities globally
-Complies with regulations
-KYC baked into protocol
-Liquidity Support
-Application layer
-Legal support
-No technical skills required


Here's their deck: https://docs.google.com/presentation/d/1riV0ARjpGbYdaP2RetaXQkeiy4PaDDt0mN87zImLGCQ/edit#slide=id.g2a9a3733a2_167_325

site: https://polymath.network/

What does everyone think? I see this as a viable project.

[NoiseBoy]

Heard about polymath recently. Apparently they are a one stop shop platform for securities token projects. Based on their site and doing some research, this is what I've deducted from their project:
 

-Connect issuers to investors
-Easy for non-technical issuers to launch security tokens
-Strong team and great list of advisors including 2 ethereum co-founders
-A network of KYC/AML verified users to transact securities globally
-Complies with regulations
-KYC baked into protocol
-Liquidity Support
-Application layer
-Legal support
-No technical skills required


Here's their deck: https://docs.google.com/presentation/d/1riV0ARjpGbYdaP2RetaXQkeiy4PaDDt0mN87zImLGCQ/edit#slide=id.g2a9a3733a2_167_325

site: https://polymath.network/

What does everyone think? I see this as a viable project.

Quick question: do they have an actual product yet, or just a white paper? How about a GitHub repository? Have you checked to see if the advisers they claim are actually involved with the project?

[wattcrypto]

The deck does look quite interesting. Team seems quite solid too. Will go through the whitepaper sometime this week.
Any thoughts on how the rumoured SEC crackdown on security tokens plays with this?

Interested in this project as well. From what I read about them, they will enforce SEC rulings int heir platform so that projects will reflect compliance. What's interesting is that when someone launches a token, they have legal support, which is nice.

[wattcrypto]

Heard about polymath recently. Apparently they are a one stop shop platform for securities token projects. Based on their site and doing some research, this is what I've deducted from their project:
 

-Connect issuers to investors
-Easy for non-technical issuers to launch security tokens
-Strong team and great list of advisors including 2 ethereum co-founders
-A network of KYC/AML verified users to transact securities globally
-Complies with regulations
-KYC baked into protocol
-Liquidity Support
-Application layer
-Legal support
-No technical skills required


Here's their deck: https://docs.google.com/presentation/d/1riV0ARjpGbYdaP2RetaXQkeiy4PaDDt0mN87zImLGCQ/edit#slide=id.g2a9a3733a2_167_325

site: https://polymath.network/

What does everyone think? I see this as a viable project.

Quick question: do they have an actual product yet, or just a white paper? How about a GitHub repository? Have you checked to see if the advisers they claim are actually involved with the project?

From what I know they have an alpha (https://polymath.network/wizard/). These are all really good questions. I joined their telegram group to get my questions answered. https://t.me/polymathnetwork

[awilliams]

Yes, I have been looking at this ico in particular. Their pre-sale in october did really well..

One thing to expand on is that they have a github of lawyers. I can also see that they eliminate the invisible wall between startups and VCs/investors. Thats a huge selling point for me

[jhanson]

Does anyone know if PLY is a utility or security token??

[singlecrytpo]

Does anyone know if PLY is a utility or security token??

I think you can find all of the info you're looking for in their deck: https://docs.google.com/presentation/d/1riV0ARjpGbYdaP2RetaXQkeiy4PaDDt0mN87zImLGCQ/edit#slide=id.g2498d113e5_13_0

[rmilly]

Does anyone know if PLY is a utility or security token??

I think you can find all of the info you're looking for in their deck: https://docs.google.com/presentation/d/1riV0ARjpGbYdaP2RetaXQkeiy4PaDDt0mN87zImLGCQ/edit#slide=id.g2498d113e5_13_0

Thanks for sharing, been waiting for the updated version. Any updates on their ico??

[trickyriky]

I have never heard yet about this project. Some minutes before read some information about it. It must some kind of a platform for ICO investors where they will chose the project and buy tokens. Interesting idea.

[gutshot5820]

I have never heard yet about this project. Some minutes before read some information about it. It must some kind of a platform for ICO investors where they will chose the project and buy tokens. Interesting idea.

Been reading up a lot on this one. very fascinating project where companies can launch their own securities and accredited investors can invest. This is essentially becoming a newer, better stock market.

[gregall]

Finally finished reading their whitepaper and it's pretty thorough compared to basically everyone else's. I see a big industry that's relatively untapped atm. Going in for the team and idea itself.

[CONTRACT]

I just found out about this project, he really impressed me, the documents and the team are impressive, I think it will be something new and undoubtedly successful

[younglord33]

I will probably invest in this project, just need to learn more. It seems like they are hedging on the belief that crypto will become more regulated over the next few years? Does anyone think they can succeed if this is not the case?

[tuvok007]

Bad thing for an Average Joe is that he wont be able to get in, ico will be closed the same day when it opens. Little investors will beg to get in, but no, no soup for you  

[Skizze]

This is a good ICO. Strong team and good advisors who also consulted such ICOs like Quantstamp and Zabercoin. Those are people with experience so I am sure that their ICOs are gonna be a success

[dirtyc]

Bad thing for an Average Joe is that he wont be able to get in, ico will be closed the same day when it opens. Little investors will beg to get in, but no, no soup for you 

I went through their "wizard" on the home page to "claim my free poly tokens."  Free tokens?  Who doesn't want that right?  Then I get to question #3 which asks how I "see myself using the polymath network"

A. Launch my own security token
B. Join the qualified investors list
C. Be a legal delegate/KYC provider
D. Other

Yeah, I don't think avg joe can get in

[popolite11]

The deck does look quite interesting. Team seems quite solid too. Will go through the whitepaper sometime this week.
Any thoughts on how the rumoured SEC crackdown on security tokens plays with this?

I am on myself dislike the projects that are offering improvement of the technologies which are exist yet. Such processes are hard monitored. And it is no evidence if the project has any results or no.

[joinfree]

Heard about polymath recently. Apparently they are a one stop shop platform for securities token projects. Based on their site and doing some research, this is what I've deducted from their project:

I am looking at coinmarketcap more than 10 times a day, and probably i see their ads more than 4 times of those 10.

It is pretty annoying to see always the same kind of ads, but yes, i have made a little research about their ICO.

And they seem to be pretty honest, i like the model, the project and how they are going to run it out, and the developers are good people, i am on their telegram group.
I dont know, maybe i will invest soon when the ICO gets release, not much money, only $1000 or so.

[Btc4Proxies]

I will probably invest in this project, just need to learn more. It seems like they are hedging on the belief that crypto will become more regulated over the next few years? Does anyone think they can succeed if this is not the case?

I think regulation will come somehow and someway. We also have to consider other countries and where they stand on regulation of crypto. For me, this project looks good because they can work with the government to enforce regulations or else it would suck to invest in a company and then have it get shut down.

something that they don't mention is that they're creating a stock market for securities, which is HUGE. Even if I can't launch my own security token on it, if they hit exchanges, you already know i'm buying some.

[AlienateAlien]

Bad thing for an Average Joe is that he wont be able to get in, ico will be closed the same day when it opens. Little investors will beg to get in, but no, no soup for you 

I went through their "wizard" on the home page to "claim my free poly tokens."  Free tokens?  Who doesn't want that right?  Then I get to question #3 which asks how I "see myself using the polymath network"

A. Launch my own security token
B. Join the qualified investors list
C. Be a legal delegate/KYC provider
D. Other

Yeah, I don't think avg joe can get in

Im an avg Joe. And i signed A. Today i want to launch my Security token but what will be in the future... time will tell. It does not oblige you to anything.