A Global Exchange for All Tokens of Value. Polybird ICO rating – not rated.
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PRE ICO Dates : 01/10/18 – 30/11/18
About Polybird ICO (token sale)
Polybird is a global exchange platform that is akin to ‘World Stock Exchange’, but is multi-asset in nature where assets could be equities, bonds, crypto-assets, currencies, commercial real estate, or derivatives. Polybird is a third-generation advanced exchange platform for all tokens of value. Financial instruments can be issued (capital raisings) and/or directly listed. We envision to streamline issuance, interest rate or dividend payments, trading, clearing, settlement, custodianship, and other processes.
The token offering could be done directly on the platform, rather pursuing offering first independently or through a financial intermediary, and then seeking to list, like in the case of current state of security and token offerings, thereby reducing the role of various intermediaries. Tokens could be utility coins or backed by assets such as stocks, bonds, commodities, or real estate.
The jurisdiction of the exchange would be Switzerland, i.e., under FINMA, which recognizes asset-backed tokens as securities. To use the platform, one needs Polybird tokens, whereas to purchase assets, one needs a stable coin, which is fiat-backed or stable in value via other means.
Our utmost technological priority is security of funds and of the platform; and we would choose a simple user-interface over a sophisticated one, if the usage of such interface would mean a faster and more scalable platform.
Our utmost non-technological priority is compliance. We intend to ensure that each asset within any asset class listed on our platform is compliant with jurisdiction it is being offered to investors, offered through, and the jurisdiction of the exchange. While on the other hand, we want to ensure that issuers, investors, buyers, and sellers have access to only those offerings or trades that they are compliant to participate in.
Token Symbol: PBT
Token Type: ERC20 – Utility Token
Soft cap: $5mn
Hard cap: $48mn
Total Supply: 1,000,000,000 PBT
- Polybird token is the native crypto token of Polybird Exchange, and will list and trade on Polybird Exchange post launch.
- We aim to maximize the utility and enhance the value capture of Polybird Tokens. For this, we take a long-term view to enhance value creation, capture, and growth.
- No new tokens will ever be created. Rather, given our tokenomics, the number of tokens will continue to decrease in the long-term.
- Any unsold tokens after the sale would be directly listed on the exchange, at the price the last token was sold in the public sale.