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Cryptocurrencies/Coins/Polymesh (POLYX)
Polymesh price, market cap on Coin360 heatmap

Polymesh(POLYX)

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$0.281453
(9.92%)
0.00000436 BTC
Market Cap (Rank#220)
$242,132,776
3,748 BTC
Vol 24h
$9,548,812
147.805 BTC
Circulating Supply
860,296,714.54
Max Supply
?

About Polymesh?

The live price of Polymesh (POLYX) today is 0.281453 USD, and with the current circulating supply of Polymesh at 860,296,714.54 POLYX, its market capitalization stands at 242,132,776 USD. In the last 24 hours POLYX price has moved 0.015472 USD or 0.06% while 7,579,603 USD worth of POLYX has been traded on various exchanges. The current valuation of POLYX puts it at #220 in cryptocurrency rankings based on market capitalization.

Learn more about the Polymesh blockchain network and how it works or follow the price of its native cryptocurrency POLYX and the broader market with our unique COIN360 cryptocurrency heatmap.

Introduction

Polymesh (POLYX) is a revolutionary blockchain platform designed specifically for security tokens. It aims to overcome the inherent limitations of public blockchains in the context of regulated assets. Polymesh's unique approach to blockchain technology offers a new level of compliance, security, and functionality for digital securities.

Technology & Mechanism

Consensus Mechanism

Polymesh employs a unique consensus mechanism known as nominated proof-of-stake (NPoS). This mechanism ensures the network's security and efficiency while maintaining a decentralized governance structure.

Blockchain Technology

Polymesh operates on a purpose-built blockchain designed to meet the complex needs of modern financial securities. It incorporates unique features such as identity-based compliance, confidential asset transfers, and governance capabilities.

Key Features

Scalability

Polymesh's architecture is designed for scalability, allowing it to handle a high volume of transactions without compromising speed or security.

Security

Security is a core focus of Polymesh. Its blockchain incorporates advanced security measures to protect against fraud and unauthorized transactions.

Privacy

Polymesh offers privacy features that allow confidential asset transfers while still maintaining compliance with regulatory requirements.

Decentralization

Polymesh's NPoS consensus mechanism ensures a high level of decentralization, reducing the risk of network control by a single entity.

Development Team & Governance

Polymesh is developed by Polymath, a leading innovator in the field of blockchain-based securities. The project's governance model allows for community input and decision-making, ensuring a balanced and democratic development process.

Use Cases & Potential Impact

Polymesh has the potential to revolutionize the world of digital securities, offering a more secure, efficient, and compliant alternative to traditional financial systems. Its use cases span across various industries, including finance, real estate, and more.

Purchase & Storage

How to Buy

Polymesh (POLYX) can be purchased on various cryptocurrency exchanges. Always ensure to use a reputable exchange and follow the necessary security precautions.

Wallets & Storage

For secure storage of POLYX, it's recommended to use a hardware wallet that supports the Polymesh blockchain. Always remember to keep your private keys secure and offline.

Partnerships & Collaborations

Polymesh has formed strategic partnerships with various organizations to further its mission of bringing blockchain to the world of regulated securities.

Roadmap

Polymesh's roadmap outlines its future plans and objectives, including ongoing development of its blockchain technology and expansion of its ecosystem.

Risks & Challenges

Like any blockchain project, Polymesh faces potential risks and challenges, including regulatory hurdles and technological obstacles. However, its team is committed to navigating these challenges and delivering on its vision.

Community & Regulatory Compliance

Community

Polymesh boasts a vibrant and active community of supporters and developers, contributing to its ongoing development and success.

Regulatory Compliance

Polymesh is designed with regulatory compliance in mind, offering features that enable compliance with various regulatory frameworks around the world.

In conclusion, Polymesh (POLYX) represents a significant advancement in the world of blockchain-based securities. Its unique approach to blockchain technology offers a new level of compliance, security, and functionality for digital securities, making it a promising project in the cryptocurrency space.

Polymesh Price0.281453 USD
Market Rank#220
Market Cap242,132,776 USD
24h Volume9,548,812 USD
Circulating Supply860,296,714.54 POLYX
Max SupplyNo data
Yesterday's Market Cap232,840,400 USD
Yesterday's Open / Close0.255179 USD / 0.270651 USD
Yesterday's High / Low0.271341 USD / 0.252898 USD
Yesterday's Change
0.06% ( 0.015472 USD )
Yesterday's Volume7,579,602.50 USD
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