{"id":4239,"date":"2023-09-28T15:17:34","date_gmt":"2023-09-28T15:17:34","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=4239"},"modified":"2023-09-28T15:17:34","modified_gmt":"2023-09-28T15:17:34","slug":"what-is-polymesh-polyx-where-can-we-buy-it","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/what-is-polymesh-polyx-where-can-we-buy-it\/","title":{"rendered":"What is Polymesh (POLYX) ? Where can we buy it?"},"content":{"rendered":"<p><strong>Polymesh (POLYX)<\/strong> is a Layer-1 blockchain developed for Real World Asset <strong>(RWA)<\/strong>.\u00a0 Also, it is open to the public. Additionally, investors and node operators could be able to view the network easily. Besides, Polymesh provides benefits such as transparency on private and permissionless networks.<\/p>\n<blockquote><p><span style=\"font-size: 110%;\"><em>You might like: <\/em><a href=\"https:\/\/coinengineer.net\/blog\/role-of-binance-academy\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline;\"><strong>What is the Role of Binance Academy?<\/strong><\/span><\/a><\/span><\/p><\/blockquote>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/what-is-polymesh-polyx-where-can-we-buy-it\/#How_to_Work_Polymesh_POLYX_What_are_the_properties\" title=\"How to Work Polymesh (POLYX)? What are the properties?\">How to Work Polymesh (POLYX)? What are the properties?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/what-is-polymesh-polyx-where-can-we-buy-it\/#What_are_Polymesh_Tokenomics_and_Ecosystem\" title=\"What are Polymesh Tokenomics and Ecosystem?\">What are Polymesh Tokenomics and Ecosystem?<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/what-is-polymesh-polyx-where-can-we-buy-it\/#Team_and_Investors\" title=\"Team and Investors\">Team and Investors<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Work_Polymesh_POLYX_What_are_the_properties\"><\/span>How to Work Polymesh (POLYX)? What are the properties?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Polymesh (POLYX) uses Nominated Proof of Stake (NPoS) model developed by <strong><a href=\"https:\/\/coinengineer.net\/blog\/what-is-polkadot-dot\/\" target=\"_blank\" rel=\"noopener\">Polkadot<\/a>.<\/strong> Thus, the system makes transactions that include issues slower with higher costs. Furthermore, Polymesh has some properties. We can put in order them as below:<\/p>\n<ul>\n<li><strong>Privacy: <\/strong>Polymesh (POLYX) guarantees high security about the privacy of MERCAT (Mediated, Encrypted, Reversible, SeCure Asset Transfers).<\/li>\n<li><strong>Governance<\/strong>: There are two methods to verify and send to Governing Council. These are Polymesh Improvement Proposal (<strong>PIP<\/strong>) or voting with POLYX.<\/li>\n<li><strong>Compliance<\/strong>: The optional compliance properties could be performed by utilizing <a href=\"https:\/\/coinengineer.net\/blog\/what-is-smart-contract\/\" target=\"_blank\" rel=\"noopener\">smart contracts<\/a>.<\/li>\n<li><strong>Settlement<\/strong>: Two-way transaction verification is available for both on-chain and off-chain assets.<\/li>\n<li><strong>Identity<\/strong>: Polymesh presents a mandatory identity verification process for users. Thus, all users who participate in the network will have their own identity.<\/li>\n<li><strong>Staking<\/strong>: Verified users can join POLYX staking to get rewards because of this beneficial property.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"What_are_Polymesh_Tokenomics_and_Ecosystem\"><\/span>What are Polymesh Tokenomics and Ecosystem?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>POLYX is a native token of Polymesh. Additionally, the total supply is <strong>854,385,887<\/strong> POLYX and the circulating supply is <strong>726,514,818<\/strong> POLYX tokens. Besides, the purposes of usage of POLYX are as below:<\/p>\n<ul>\n<li>Secure chain with staking<\/li>\n<li>Build security tokens<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-4250 aligncenter\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/09\/Polymesh-POLYX-Tokenomik-1024x526.jpg\" alt=\"Polymesh (POLYX) Tokenomics\" width=\"1020\" height=\"524\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/09\/Polymesh-POLYX-Tokenomik-1024x526.jpg 1024w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/09\/Polymesh-POLYX-Tokenomik-300x154.jpg 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/09\/Polymesh-POLYX-Tokenomik-768x395.jpg 768w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/09\/Polymesh-POLYX-Tokenomik-1536x789.jpg 1536w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/09\/Polymesh-POLYX-Tokenomik-2048x1052.jpg 2048w\" sizes=\"auto, (max-width: 1020px) 100vw, 1020px\" \/><\/p>\n<p><strong>Ecosystem<\/strong><\/p>\n<p>There are exchanges, experienced gamers on the tokenization (<strong>Polymath<\/strong>), and big companies (<strong>RedSwan<\/strong>) in the ecosystem. Thus, these participants can contribute to the project with <strong>The Grants Program<\/strong> and <strong>The Ecosystem Development Fund.\u00a0<\/strong><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Team_and_Investors\"><\/span><span style=\"font-size: 110%;\">Team and Investors<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>The team of Polymesh consists of people who are talented in technology, law, and finance. Separately, most of them are experienced in Polymath (ERC-1400).<\/p>\n<figure id=\"attachment_4254\" aria-describedby=\"caption-attachment-4254\" style=\"width: 202px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-4254\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/09\/Chris-Housser-Head-of-Strategy.png\" alt=\"Chris Housser (Head of Strategy)\" width=\"202\" height=\"202\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/09\/Chris-Housser-Head-of-Strategy.png 832w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/09\/Chris-Housser-Head-of-Strategy-300x300.png 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/09\/Chris-Housser-Head-of-Strategy-150x150.png 150w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/09\/Chris-Housser-Head-of-Strategy-768x768.png 768w\" sizes=\"auto, (max-width: 202px) 100vw, 202px\" \/><figcaption id=\"caption-attachment-4254\" class=\"wp-caption-text\"><a href=\"https:\/\/www.linkedin.com\/in\/chris-housser\/?originalSubdomain=ca\" target=\"_blank\" rel=\"noopener\">Chris Housser (Head of Strategy)<\/a><\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_4255\" aria-describedby=\"caption-attachment-4255\" style=\"width: 200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-4255 size-full\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/09\/Robert-G.-Jakabosky_Head-of-Strategy_-.jpg\" alt=\"Robert-G.-Jakabosky_Head-of-Strategy_-\" width=\"200\" height=\"200\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/09\/Robert-G.-Jakabosky_Head-of-Strategy_-.jpg 200w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/09\/Robert-G.-Jakabosky_Head-of-Strategy_--150x150.jpg 150w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><figcaption id=\"caption-attachment-4255\" class=\"wp-caption-text\"><a href=\"https:\/\/www.linkedin.com\/in\/neopallium\/\" target=\"_blank\" rel=\"noopener\">Robert-G.-Jakabosky_(Head-of-Strategy)_-<\/a><\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_4256\" aria-describedby=\"caption-attachment-4256\" style=\"width: 200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-4256 size-full\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/09\/Graeme-Moore-_Head-of-Tokenization_.jpg\" alt=\"Graeme-Moore-_Head-of-Tokenization_\" width=\"200\" height=\"200\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/09\/Graeme-Moore-_Head-of-Tokenization_.jpg 200w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/09\/Graeme-Moore-_Head-of-Tokenization_-150x150.jpg 150w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><figcaption id=\"caption-attachment-4256\" class=\"wp-caption-text\"><a href=\"https:\/\/www.linkedin.com\/in\/graemenelsonmoore\/\" target=\"_blank\" rel=\"noopener\">Graeme-Moore-_(Head-of-Tokenization)_<\/a><\/figcaption><\/figure>\n<p><span style=\"font-size: 130%;\">Which of the exchanges we can buy it?<\/span><\/p>\n<p>POLYX token has been listed on <a href=\"https:\/\/accounts.binance.com\/en\/register?ref=B4DLQJE0\" target=\"_blank\" rel=\"noopener\">Binance<\/a>, <a href=\"https:\/\/www.gate.io\/signup\/3499516\" target=\"_blank\" rel=\"noopener\"><strong>Gate.io<\/strong><\/a>, <a href=\"https:\/\/www.huobi.com\/tr-tr\/v\/register\/double-invite\/?inviter_id=11343840&amp;invite_code=mbwg2223\" target=\"_blank\" rel=\"noopener\"><strong>HTX<\/strong><\/a>, Crypto.com, <strong><a href=\"https:\/\/www.coinex.com\/register?refer_code=indirim\" target=\"_blank\" rel=\"noopener\">CoinEx. <\/a><\/strong>You can buy it from these exchanges with 20% discount.<\/p>\n<hr \/>\n<p><cite>You can present your thoughts as comments about the topic. Moreover, you can<\/cite><cite> f<\/cite><cite>ollow us on <\/cite><strong><cite><a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\">Telegram<\/a>,\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"noreferrer noopener\">Twitter<\/a>, <\/cite><\/strong><cite>and <\/cite><strong><cite><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\">YouTube <\/a><\/cite><\/strong><cite>channels for the kind of news.<\/cite><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Polymesh (POLYX) is a Layer-1 blockchain developed for Real World Asset (RWA).\u00a0 Also, it is open to the public. Additionally, investors and node operators could be able to view the network easily. Besides, Polymesh provides benefits such as transparency on private and permissionless networks. You might like: What is the Role of Binance Academy? How<\/p>\n","protected":false},"author":1,"featured_media":4240,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,5],"tags":[22,1575,480,1464,1572,1573,1574],"class_list":["post-4239","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin-projects","category-project-review","tag-binance","tag-crypto-com","tag-gate-io","tag-htx","tag-polymesh","tag-polyx","tag-staking"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is Polymesh (POLYX) ? Where can we buy it? - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Polymesh (POLYX) is a Layer-1 crypto developed for Real World Assets. 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Where can we buy it?"}]},{"@type":"WebSite","@id":"https:\/\/coinengineer.net\/blog\/#website","url":"https:\/\/coinengineer.net\/blog\/","name":"Coin Engineer","description":"Btc, Coins, Pre-Sale, DeFi, NFT","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/coinengineer.net\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/70674da64ef7457ff399f5f51be296e2","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/47d8a8204de9104b7e21c9124ecff87e02940cf67e2cf7122f4a02f1445ae66b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/47d8a8204de9104b7e21c9124ecff87e02940cf67e2cf7122f4a02f1445ae66b?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/coinengineer.net\/"],"url":"https:\/\/coinengineer.net\/blog\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/4239","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/comments?post=4239"}],"version-history":[{"count":10,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/4239\/revisions"}],"predecessor-version":[{"id":4278,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/4239\/revisions\/4278"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media\/4240"}],"wp:attachment":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media?parent=4239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/categories?post=4239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/tags?post=4239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}