Gold Bits Coin GBC to Polymath POLY Exchange

Crypto Pair Details: GBC to POLY

Gold Bits Coin GBC

GBC, Game Bank Coin in short, is the token issued by I.H.C platform in accordance with ERC20 standard. The cryptocurrency is used for ads auction and other transactions on I.H.C platform. GBC can be traded freely after the pre-sale and will be listed on serval digital currency exchange within the shortest time. The total supply amount of GBC is 3 billion and will never be issued additionally. The subscription is open to early investors in order to raise money for the platform development. Besides, GBC can also act as incentive for the contributors of I.H.C ecosystem. GBC will also be circulated on the third party digital currency exchanges.

Polymath POLY

Polymath simplifies the legal process of creating and selling security tokens. It makes a new token standard, the ST20, and enforces government compliance. Only a “list of authorized investors and their Ethereum wallet addresses” can hold ST20 tokens. Therefore, token issuers don’t need to worry about the legal implications of your security falling into the wrong hands. In order to launch a legally compliant token, the Polymath platform brings together issuers, legal delegates, smart contract developers, KYC verification, and a decentralized exchange. All transactions on the Polymath platform take place using the native POLY token. Polymath has programmable equity. Polymath enables companies to take control of their equity issuance through programmable code. It is raising in cryptocurrency opens up an entire wealth of new investors. Polymath eliminates the middleman and financial structures that hinder the deployment of equity. There is a trove of wealth that is untouched by Wall Street that can now be accessed through Polymath. In 2017, Polymath raised over $1.2 billion in funding by selling utility tokens and security tokens. Utility tokens, such as Waltonchain, give you access to a token’s network and are far more common than security tokens. Security tokens, however, provide equity or a claim to dividends from a company. As a result, security tokens, like any securities, are subject to government regulation. Polymath’s new standard for blockchain security tokens aims to embed the necessary regulatory requirements into smart contracts and comply entirely with government security regulations. A wide array of security tokens that will be listed on Polymath at some point will require investors to be accredited, or to be from specific countries.

SOURCE: COINGECKO

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