polymath-network logo
Polymath
POLY
$0.13

Sector

Platform

Exchange Debut

2018-02-02

Market Cap

112,484,676

Maxim Supply

Circulating Supply

898,550,830

Circ. Supply(%)

polymath-network logo

Polymath

POLY

Price

$0.13

Market Cap

Sector

Exchange Debut

112,484,676
2018-02-02

Volume 24h

High 24h

Low 24h

28239
0.175399783526
0.11961516191

Change 24h

Change 7d

Change 30d

-27.7185
-30.066
-6.7604

Maxim supply

Circulating supply

Circulating supply(%)

898,550,830

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Polymath-POLY cryptocurrency:

 

Polymath (POLY) emerges as a significant player in the blockchain space, primarily focusing on the creation, issuance, and management of security tokens. With its innovative approach to leveraging Ethereum’s technology and the development of Polymesh, an institutional-grade blockchain, Polymath addresses the complex regulatory requirements of capital markets. The project’s commitment to improving financial instrument accessibility and compliance is noteworthy, but its overall performance in the fundamental analysis of the Polymath-POLY cryptocurrency reveals mixed results, culminating in a modest final score of 5.46 out of 10.

SOCIAL & MASS MEDIA: Score 6.1 out of 10

The social and media aspect of Polymath indicates a varied level of engagement. With a strong presence in the media and high community activity on social media pages, the project demonstrates its ability to capture public interest. However, its lower scores in attracting followers and the size of chat group communities suggest a need for more focused outreach and community-building strategies.

AUDIT & SECURITY: Score 4.7 out of 10

Audit and security, critical for any cryptocurrency project, are areas where Polymath shows room for improvement. The project scores moderately in audit results and transparency, but the low liquidity on exchanges raises concerns about its market stability and investor confidence.

TOKENOMICS: Score 6.8 out of 10

In the realm of token economy, Polymath exhibits strengths and weaknesses. Its low centralization of the monetary mass indicates a more decentralized approach, which is often seen as positive in the crypto world. However, the project must address issues related to its monetary policy to enhance investor confidence.

ECOSYSTEM DEVELOPMENT: Score 3.7 out of 10

Ecosystem development is a crucial area where Polymath seems to falter. Achieving objectives and bringing new developments to the project are areas that require significant attention to foster growth and innovation within the platform.

TEAM & DEVELOPERS: Score 6.6 out of 10

The team behind Polymath brings a mix of experience and expertise, evident from their moderate score. The experience of the team is a strong point, but the number of software developers suggests that scaling up the development team could accelerate progress and innovation.

PRODUCT & UTILITY: Score 5.4 out of 10

Polymath’s product utility scores reflect the practical value of its offerings in the market. While the utility of the product is recognized, the integration of tokens within the ecosystem needs more clarity and effectiveness to enhance overall utility.

PARTNERS & INVESTORS: Score 5.75 out of 10

Partners and investors play a vital role in the success of any project. Polymath’s partnerships and investor relations show potential, but there’s room for expanding and deepening these relationships to bolster the project’s credibility and resources.

Fundamental analysis of the Polymath-POLY cryptocurrency – The final conclusion

Considering the detailed analysis of each criterion, Polymath (POLY) presents a mixed bag of opportunities and challenges. Its innovative approach to security tokens and blockchain technology is commendable, but the fundamental analysis of the Polymath-POLY cryptocurrency indicates areas needing improvement, especially in ecosystem development and market stability. Investors should approach with caution, balancing the project’s potential against its current shortcomings. The project’s moderate overall score of 5.46 out of 10 reflects a cryptocurrency with potential yet to be fully realized, demanding careful consideration of risks and benefits for prospective investors.

What is Polymath?

 

Polymath, a technology provider, revolutionizes the blockchain sector by enabling the creation, issuance, and management of security tokens. It has introduced ERC 1400, a unified standard for security tokens on Ethereum. Utilizing its Ethereum-based solution, over 200 tokens have been deployed. Polymath also developed Polymesh, an institutional-grade blockchain tailored for regulated assets, addressing the limitations of existing blockchains in complying with capital market regulations. This innovation simplifies outdated processes and facilitates new financial instruments by addressing challenges related to identity, compliance, confidentiality, governance, and settlement.

Founding of Polymath

Polymath emerged from the need to tokenize a private fund, a task hindered by technical and legal complexities. This challenge expanded into a broader vision: simplifying the launch of security tokens for anyone. With a global team and over 50 service providers, Polymath aims to democratize access to tokenized securities.

Uniqueness of Polymath

Polymath stands out due to Polymesh, its specialized blockchain for security tokens. This platform emphasizes identity, compliance, confidentiality, and governance—key elements for issuers, investors, institutions, and regulators. Polymesh, distinct from general-purpose blockchains, is specifically engineered to meet modern capital market needs. Polymath’s tools on Polymesh offer intuitive access to these functionalities, aiming to transform capital markets with user-friendly and deep functional capabilities.

Circulation of POLY Tokens

The Polymath ecosystem relies on the POLY token for its operations on the Ethereum-based Polymath Token Studio. At launch, the distribution of POLY tokens reached 240 million, with a total supply cap at 1 billion. By January 2022, 925 million tokens were in circulation, while the remaining 75 million will stay locked until January 2024. POLY holders have the option to upgrade to POLYX on a 1:1 basis for use on Polymesh, and POLYX also earns rewards in Proof-of-Stake systems. This upgrade process will likely reduce the circulation of Ethereum-based POLY.

Fundamental analysis of the Polymath-POLY cryptocurrency

Polymath - POLY performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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