The real opportunity in crypto is taking existing liquid assets trapped on local expensive exchanges and making them global, real-time, 24/7. Not just existing assets but over time every asset, every home, every private equity and venture fund… everything. That’s the opportunity Polymath is addressing.
By comparison, ICO’s have raised nearly $4 billion to date this year. A single IPO (Alibaba) has raised as much as $20 billion and 17 companies individually raised over $4 billion. This makes the ICO market seem almost tiny by comparison!
The global bond market is over $80 Trillion and the global stock markets at $70 Trillion. And that doesn’t include all the private assets that could be tokenized.
Polymath allows financial service providers to offer a ‘Security Token Offering’ or ‘STO’. STOs will come to dominate ICOs, as trillions of dollars worth of financial products upgrade to tokens.
To facilitate this mega trend — Polymath is building the world’s first decentralized protocol that empowers corporations to launch their own securities token. The Polymath protocol verifies each crypto address to ensure only authorized investors that meet the criteria for each particular security offering are able to transact with that security token. With this baked-in restriction, decentralized and anonymously run exchanges will only be able to conduct trades between authorized participants. The restrictions provide issuers assurance that their tokens will only be held by authorized investors.
That’s one of many reasons I’m excited to be one of their advisors
Come join me at Polycon Feb 28-Mar 3 and we can dive deeper into the opportunities that STO’s are going to unleash. Conference details are at: https://www.polycon18.com/