Polymesh is a computer network designed to securely manage assets regulated by laws and regulations. The goal is to simplify the management of these assets, creating new opportunities for financial products
.
In simple terms, Polymesh is a blockchain designed specifically for regulated financial assets. It addresses the limitations of existing public blockchain infrastructures, providing advanced security, privacy, and compliance capabilities adapted to the needs of regulated financial markets
.
Polymesh specializes in the tokenization of real-world assets, offering a significant alternative to traditional financial systems with the potential to influence more than 800 trillion USD in the markets.
It natively supports fungible and non-fungible tokens and is interoperable with other blockchains based on Substrate. The platform guarantees transparency and incorporates complex compliance rules into asset tokens. In addition, it provides liquidity to traditionally illiquid assets and paves the way for new financial products, all while prioritizing security through its identity system and compliance
engine.
Polymesh is used in sectors such as real estate, private equity and carbon credits, where it can democratize access to investments and bring efficiency, security and transparency. Using advanced cryptographic techniques, it guarantees the confidentiality of sensitive information such as exchange details and personal identity. It also offers an efficient and secure commercial settlement. Designed for seamless interoperability, Polymesh facilitates the integration and transfers of assets between its network and other blockchain networks, as well as in
traditional financial systems.
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Polymesh Polyx Price Performance So Far
- Past 7 Days: -2.6%
- Last Month: +72.1%
- Last 12 Months: +57.3%
- Since Start (2022): +2.1%
- Total Owners: 3,904 (Increasing). Retail investors hold about 7.6% of circulation
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Polymesh Milestone and Latest Report
Polymesh celebrates its second anniversary with significant improvements, including updates to version 6.0, which introduced new features such as stablecoin and NFT, along with user interface improvements such as the Polymesh Portal and Governance Explorer.
The Polymesh ecosystem has expanded to include more than 4,100 unique users and 40+ entities, including major companies such as node operators such as Binance and Korea Digital Asset Custody. Various collaborations and partnerships have advanced Polymesh’s role in tokenization projects and expanded its presence in new sectors such as South Korean K-culture and real estate investments. The network has seen an increase in adoption, as demonstrated by the large amount of POLY converted to POLYX and the 421M POLYX staked,
indicating strong community support.
Future plans include closing the POLY: POLYX Upgrade Bridge in January 2024, reflecting the network’s confidence in its POLYX utility.
Polymesh Polyx Price Forecasts 2023-2030
- Price prediction for 2023: $0.236
- Price prediction for 2024: $0.344
- Price prediction for 2025: $0.464
- Price prediction for 2026: $0.621
- Price prediction for 2027: $0.751
- Price prediction for 2028: $0.981
- Price prediction for 2029: $1.33
- Price prediction for 2030: $1.92
Polymesh Polyx: Will it reach $10?
To reach $10, Polymesh would need to increase by a factor of 73, bringing its market capitalization to $7.36 billion. With a growth of 25% per year, it would take about 19 years to reach $10. Considering the criteria of quality of investment, necessary growth and time required, Polymesh has a moderate chance of reaching $10
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Polymesh: Is it a Good Investment?
Polymesh is a blockchain designed specifically for regulated financial assets. With its specialization in the tokenization of real assets, it offers a significant alternative to traditional financial systems. The platform has been designed to ensure security, compliance and support for innovative initiatives in the industry.
POLYX, the native token of the Polymesh network, has several key functions:
- It can be staked to ensure network operations.
- It is used to pay transaction fees on the Polymesh network, encouraging the use of POLYX as the ecosystem’s native currency.
- Token holders have voting rights and the opportunity to propose changes to the Polymesh protocol.
- POLYX is required for specific activities on the Polymesh network, such as accessing certain services or functionality.
Considering Polymesh’s application in regulated financial sectors, its functionalities and strategic partnerships, POLYX seems to represent a moderate investment choice.
