RE: Running Security Token on Polymath - is it a REVOLUTION? (tutorial included) by hatu

View this thread on: hive.blog | peakd.com | ecency.com

Viewing a response to: @neavvy/running-security-token-on-polymath-is-it-a-revolution-tutorial-included

crypto · @hatu · Dec 4 '18 (edited)

Security tokens are definitely going to be the next stage of Crypto.

However, Polymath is not the next Ethereum. 
Ethereum pioneered smart contracts; meanwhile, after reading this piece, I can see that Polymath is similar to a generic token launch platform, only it focuses on security tokens.

👍 crypto.piotr, thegames

`author`	hatu
`permlink`	re-neavvy-running-security-token-on-polymath-is-it-a-revolution-tutorial-included-20181204t102653809z
`category`	crypto
`json_metadata`	{"tags":["crypto"],"app":"steemit/0.1"}
`created`	2018-12-04 10:26:54
`last_update`	2018-12-04 10:28:06
`depth`	1
`children`	8
`last_payout`	2018-12-11 10:26:54
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	294
`author_reputation`	583,567,123,463,302
`root_title`	"Running Security Token on Polymath - is it a REVOLUTION? (tutorial included)"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	76,337,973
`net_rshares`	29,524,304,428
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
crypto.piotr	0 B		29,524,304,428	37%
thegames	0 B		0	1%

@crypto.piotr · Dec 4 '18

$0.08

hi @hatu

Would you consider comparing Polymath to platforms like Waves, Bitshares or Eos?

yours
Piotr

👍 hatu

`author`	crypto.piotr
`permlink`	re-hatu-re-neavvy-running-security-token-on-polymath-is-it-a-revolution-tutorial-included-20181204t105054530z
`category`	crypto
`json_metadata`	{"tags":["crypto"],"users":["hatu"],"app":"steemit/0.1"}
`created`	2018-12-04 10:51:33
`last_update`	2018-12-04 10:51:33
`depth`	2
`children`	7
`last_payout`	2018-12-11 10:51:33
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.059 HBD
`curator_payout_value`	0.019 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	103
`author_reputation`	27,396,789,428,606
`root_title`	"Running Security Token on Polymath - is it a REVOLUTION? (tutorial included)"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	76,338,795
`net_rshares`	128,269,628,032
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
hatu	0 B		128,269,628,032	100%

@hatu · Dec 4 '18 (edited)

I really feel that for a security token platform to become Ethereum's equivalent in the STO market, the platform needs: 

1. Internal Exchange: Not much value to STOs if they lack the liquidity that had made ICO tokens so popular. The most popular Crypto exchanges are not approved to trade STOs. LAtoken is meant to work on filling this gap but there hasn't been much progress on their part. 

2. Bureaucratic Experience: Once you enter securities, things become more *traditional.* As CCN once reported, SEC denied Gemini's Bitcoin ETF because the twins didn't *look the part.*

👍 crypto.piotr, thegames

`author`	hatu
`permlink`	re-cryptopiotr-re-hatu-re-neavvy-running-security-token-on-polymath-is-it-a-revolution-tutorial-included-20181204t135925382z
`category`	crypto
`json_metadata`	{"tags":["crypto"],"app":"steemit/0.1"}
`created`	2018-12-04 13:59:27
`last_update`	2018-12-04 14:02:30
`depth`	3
`children`	6
`last_payout`	2018-12-11 13:59:27
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	579
`author_reputation`	583,567,123,463,302
`root_title`	"Running Security Token on Polymath - is it a REVOLUTION? (tutorial included)"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	76,346,511
`net_rshares`	13,501,055,876
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
crypto.piotr	0 B		13,501,055,876	11%
thegames	0 B		0	1%

@crypto.piotr · Dec 8 '18

hi @hatu

Thanks for your valuable comment

Why it does have to be an internal exchange? Polymath seems to be working well with tzero and that seems to be solution good enough. Or perhaps Im missing on something?

Definitely, current exchanges cannot be taken into consideration. I don't think that there can be any exchange which would allow trading both ICO and STO.

Yours
Piotr

properties (22)

`author`	crypto.piotr
`permlink`	re-hatu-re-cryptopiotr-re-hatu-re-neavvy-running-security-token-on-polymath-is-it-a-revolution-tutorial-included-20181208t091741463z
`category`	crypto
`json_metadata`	{"tags":["crypto"],"users":["hatu"],"app":"steemit/0.1"}
`created`	2018-12-08 09:17:57
`last_update`	2018-12-08 09:17:57
`depth`	4
`children`	2
`last_payout`	2018-12-15 09:17:57
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	381
`author_reputation`	27,396,789,428,606
`root_title`	"Running Security Token on Polymath - is it a REVOLUTION? (tutorial included)"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	76,535,625
`net_rshares`	0

2 replies

@udow · Dec 4 '18

I wonder if STOs is not just another name for stocks?
Maybe they cost a few cents instead of dollars or euros, but the principle is the same, isn't it?

👍 schachoberhessen

`author`	udow
`permlink`	re-hatu-re-cryptopiotr-re-hatu-re-neavvy-running-security-token-on-polymath-is-it-a-revolution-tutorial-included-20181204t144339917z
`category`	crypto
`json_metadata`	{"tags":["crypto"],"app":"steemit/0.1"}
`created`	2018-12-04 14:43:45
`last_update`	2018-12-04 14:43:45
`depth`	4
`children`	2
`last_payout`	2018-12-11 14:43:45
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	151
`author_reputation`	15,941,704,786,746
`root_title`	"Running Security Token on Polymath - is it a REVOLUTION? (tutorial included)"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	76,348,682
`net_rshares`	0
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
schachoberhessen	0 B		0	100%

2 replies