Why does it matter?

The thing is mate, nobody knows! Same can be said for investing in any speculative asset on earth. Some people think it will go up, somebody think it will go down. If everybody _knew_ what the outcome was, we’d all be millionaires already. So fixating on these short term events that amount to mere noise on a long term time frame is meaningless

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22.10.2021

Rel

Dd
The thing is mate, nobody knows! Same can be said ...

Agreed... what I am seeing is Bitcoin and Polymath only 2 present market.. complete trust on Poly. Hope our days will come soon

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22.10.2021

Dd Автор вопроса

Rel
Agreed... what I am seeing is Bitcoin and Polymat...

I am personally an ardent believer in POLY for two primary reasons. First, it is readily apparent that the world is tending towards a tokenized future. 11 years ago when Bitcoin was first released, nobody in their wildest dreams would have fathomed the world we live in today, one where Bitcoin is worth >$60k, non-fungible tokens are buzzing in mainstream media, central banks across the world are racing to issue tokenized currencies, on and on. Given the world we live in today, and taking measure of the direction we’re heading, the tokenization of securities strikes me as being a logical next step. Second, because I’m confident in the world continuing to follow its trend towards tokenization, and my belief that securities are the next domino to fall, I’ve been taking stock of the landscape of security tokenization platforms. Currently, as I see the landscape, there are two categories of security token platforms: ones which are general purpose, permissionless chains that facilitate securities via smart contracts (Ethereum, Tezos, Algorand, Dusk, etc), and _one_ which is a purpose-built, permissioned chain which facilitates securities intrinsically on layer 1 of the chain (Polymesh). I could very well be wrong, but I do not see a long term, viable future for security tokens on general purpose, permissionless chains because of issues with regulatory compliance of node operators, identity verification of security token holders, friction and cost incurred by handling security token lifecycle through smart contracts, and uncertainty with chain governance and risk of hard forks. As a result, I believe that the construction of Polymesh as a purpose built, permissioned chain lends itself best to fulfilling the necessary foundational requirements for cultivation of wide spread adoption of security tokens. On Polymesh, node operators are known, regulated financial entities, KYC is baked into the chain and the identity of token holders is an inherent, non-negotiable feature, security token lifecycle is handled on layer 1 and not dependent on bloated and expensive smart contract operation, and the chain was developed on substrate allowing for formless runtime upgrades.

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22.10.2021

Rel

Dd
I am personally an ardent believer in POLY for two...

Thanks for your time for this.👌. let me read now.

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22.10.2021

Dd Автор вопроса

Rel
Thanks for your time for this.👌. let me read now.

🤝

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22.10.2021

Øðgæir

Dd
I am personally an ardent believer in POLY for two...

👏

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22.10.2021

Pressorus

Dd
I am personally an ardent believer in POLY for two...

👍👌

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22.10.2021

Ser

Dd
I am personally an ardent believer in POLY for two...

I feel the same, but my only concern is that large institutions will create their own platforms from scratch or copy an existing one with minor modifications Most likely is that large companies will create their own coin/ metaverse I'm hoping I'm wrong though

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22.10.2021

Rel · Accepted Answer

Rel

What else to talk? And what we hope from Polymath? Bonding? No we are here for Money.

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22.10.2021

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Why does it matter?

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