Market Data & Token Stats
| Fully Diluted Valuation | $64.15M |
|---|---|
| 24H Trading Volume | $741,422 |
| 24H Low / High | $0.04935 / $0.05176 |
| Circulating Supply | 1.27B |
| Total Supply | 1.27B |
| Max Supply | ∞ |
Key Project Information
| Categories | Smart Contract Platform 3 more |
|---|---|
| Founder | Chris Housser 3 more |
| Website | polymesh.network Whitepaper |
| Socials | 3 more |
| Explorer | Subscan |
OGAudit Security Evaluation & Social Audit Metrics
OGAudit Coin Evaluation Metrics
Polymesh (polyx) Expert User Reviews
Is Polymesh safe or a scam? Read verified Crypto OG reviews about Polymesh
$polyx Markets
| Name | Pair | OG Score |
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About Polymesh
Polymesh, with its native utility token POLYX, stands at the forefront of revolutionizing the traditional financial sector by offering an institutional-grade, permissioned blockchain tailored for regulated assets. This blockchain addresses longstanding challenges in governance, identity, compliance, confidentiality and settlement associated with public infrastructure. At its core, POLYX plays a pivotal role in the Polymesh ecosystem, serving as the native protocol token for tasks like paying transaction fees, participating in governance and staking on node operators. Unlike conventional blockchains, Polymesh employs a targeted approach by prioritizing regulated assets, adhering to the ERC-1400 standard and emphasizing identity management to ensure compliance with KYC and AML regulations.
The innovative features of Polymesh extend beyond security tokens to encompass stablecoins, facilitating cost-effective on-chain activities and efficient cash distributions. The blockchain's architecture not only securely records the transfer of security tokens but also eliminates the need for third-party verification, bridging the information gap between token holders and issuers. With a nominated proof-of-stake consensus mechanism, Polymesh ensures network security by aligning the economic interests of node operators and stakers through the rewards and penalties system in POLYX. As a result, Polymesh provides a transparent, efficient and regulatory-compliant platform for the digitization and transfer of traditional financial assets, with a keen focus on creating a seamless bridge between blockchain technology and the stringent requirements of the financial industry.
Founded by a core team led by individuals such as Chris Housser, Adam Dossa and Charles Hoskinson, Polymesh gained notable momentum in 2023. Key developments included the integration of Binance as a blockchain node operator, enhancing network security and credibility. Furthermore, the collaboration with the NayaOne ecosystem showcased Polymesh's commitment to leveraging blockchain technology for financial services. The project's journey, from conceptualization to its official launch on October 13, 2021, highlights its significance in addressing industry-specific challenges and fostering a robust ecosystem for regulated financial assets.
What is unique about Polymesh (POLYX)?
Polymesh stands out for its institutional-grade, permissioned blockchain catering to regulated assets, prioritizing compliance, identity management and seamless tokenization of traditional financial instruments.
Who are the founders of Polymesh (POLYX)?
The core team of Polymesh is led by individuals like Chris Housser, Adam Dossa, Graeme Moore and Charles Hoskinson, a co-founder of Ethereum and Cardano.
Who are the backers/investors of Polymesh (POLYX)?
Polymesh has partners and investors such as Enterprise Ethereum Alliance (EEA), Hyperledger Cactus, Temenos, Blossom Capital, ICONOMI, Maven 11 Capital.
What is the consensus mechanism of Polymesh (POLYX)?
Polymesh utilizes a nominated proof-of-stake consensus mechanism, incentivizing collaboration between node operators and stakers to ensure network security and integrity.
Where can I buy Polymesh (POLYX)?
You can buy Polymesh (POLYX) on Binance, Gate.io, Bitget, MEXCKuCoin cryptocurrency exchanges.
Information in this section carefully collected and curated from publicly available data from official sources, including the Polymesh Official Website, Polymesh Whitepaper, Polymesh GitHub Repository and Polymesh X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
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