Polymath (POLY) coin issuance price

At its initial coin issuance, POLY was priced at $0.40, with a current value of $0.52, boasting an all-time high of $1.84.

Dec 29, 2024 at 12:02 pm

Polymath (POLY) Coin Issuance Price

• Polymath Network is a decentralized platform that enables the issuance and management of security tokens.
• POLY is the native token of the Polymath Network and is used to pay for gas fees and other network operations.
• The initial coin issuance price of POLY was $0.40.
• The current price of POLY is $0.52.
• The all-time high price of POLY was $1.84.
• The all-time low price of POLY was $0.09.
• The current market cap of POLY is $53 million.
• The total supply of POLY is 1 billion tokens.
• The circulating supply of POLY is 53 million tokens.

What is the Polymath Network?

The Polymath Network is a decentralized platform that enables the issuance and management of security tokens. Security tokens are digital assets that represent ownership in a real-world asset, such as a company, a piece of real estate, or a work of art.

The Polymath Network provides a set of tools and services that make it easy for companies to issue and manage security tokens. These tools include:

• A token issuance platform
• A compliance toolkit
• A secondary market for security tokens

What is the POLY Token?

POLY is the native token of the Polymath Network. POLY is used to pay for gas fees and other network operations. POLY can also be used to stake on the Polymath Network. Staking POLY allows users to earn rewards and participate in the governance of the network.

What is the Coin Issuance Price of POLY?

The initial coin issuance price of POLY was $0.40. The coin issuance price is the price at which a token is first sold to the public. The coin issuance price is typically set by the company that is issuing the token.

What is the Current Price of POLY?

The current price of POLY is $0.52. The current price of a token is the price at which it is currently being traded on the market. The current price of a token can be influenced by a number of factors, such as the supply and demand for the token, the news and events surrounding the token, and the overall market conditions.

What is the All-Time High Price of POLY?

The all-time high price of POLY was $1.84. The all-time high price of a token is the highest price that it has ever reached on the market. The all-time high price of a token can be influenced by a number of factors, such as the hype and excitement surrounding the token, the news and events surrounding the token, and the overall market conditions.

What is the All-Time Low Price of POLY?

The all-time low price of POLY was $0.09. The all-time low price of a token is the lowest price that it has ever reached on the market. The all-time low price of a token can be influenced by a number of factors, such as the lack of interest in the token, the news and events surrounding the token, and the overall market conditions.

What is the Current Market Cap of POLY?

The current market cap of POLY is $53 million. The market cap of a token is calculated by multiplying the current price of the token by the total supply of the token. The market cap of a token can be used to gauge the size and popularity of the token.

What is the Total Supply of POLY?

The total supply of POLY is 1 billion tokens. The total supply of a token is the maximum number of tokens that can ever be created. The total supply of a token is typically set by the company that is issuing the token.

What is the Circulating Supply of POLY?

The circulating supply of POLY is 53 million tokens. The circulating supply of a token is the number of tokens that are currently in circulation on the market. The circulating supply of a token can be influenced by a number of factors, such as the number of tokens that are lost, burned, or staked.

FAQs

What is the difference between a security token and a utility token?

A security token represents ownership in a real-world asset, such as a company, a piece of real estate, or a work of art. A utility token is a token that is used to access a particular product or service.

What are the benefits of using the Polymath Network?

The Polymath Network provides a number of benefits for companies and investors, including:

• Reduced costs: The Polymath Network can help companies to reduce the costs of issuing and managing security tokens.
• Increased efficiency: The Polymath Network can help companies to improve the efficiency of issuance and management of security tokens.
• Increased access to capital: The Polymath Network can help companies to increase their access to capital by allowing them to issue security tokens to a global audience.

What are the risks of using the Polymath Network?

There are a number of risks associated with using the Polymath Network, including:

• Regulatory uncertainty: The regulatory landscape for security tokens is still evolving, and there is no guarantee that the Polymath Network will be compliant with all applicable regulations.
• Technology risk: The Polymath Network is a new technology, and there is no guarantee that it will be free from errors or bugs.
• Market risk: The price of POLY is subject to market fluctuations, and there is no guarantee that the price of POLY will increase in the future.