Your opinion (NOT BINDING) about polymath.network

Bitcoin Questions and AnswersCategory: General questionsYour opinion (NOT BINDING) about polymath.network

Kai asked 5 months ago

Last updated on January 26th, 2018 at 04:07 am

Hello,
Would you please take a look at https://polymath.network and give me your opinion (NOT BINDING)
How you would rate this project? it seems a big thing, but they dont offer enough information.
And I have joined their Telegram group, but after I have asked many questions, and asked if they are a scam and other question, they kicked me out from the group, But I still thinking of that project, that is sure a big mistake to kick me out, but its not the only point to decide about that project. So I need your opinions about https://polymath.network.
Thanks

2 Answers
Steven Hay answered 5 months ago

Hi Kai,
 
Well, I checked it out. It’s Ethereum for Wall Street with a little token generator built in. I’m not really impressed, although admittedly I didn’t check out their tech. I doubt it does much differently to ETH, perhaps more secure contracts or whatever.
 
I think this project will live or die depending on the level of demand from financial companies. If it New York Stock Exchange decides to rebase to Polymath, sure it’ll do well. But I kinda doubt that will happen. In my opinion, it might be worth putting a little money into on the off chance it gets some hype or partnerships going. Of course, you should do a lot more research on your own… but it doesn’t seem particularly scammy to me, no more than any other ICO at least. Personally I don’t like ICOs so I won’t be putting my own money in, I may re-evaluate once they have a released, working product.

Bart Simpson answered 4 months ago

They ask for your name, address, email and then some time later, ask for your driver’s license.  Due to privacy concerns (who know where your information ends up), I would stay away.  It’s not worth trading your identity to take a chance on a get rich quick idea.

Bitcoin Video Crash Course 

Join over 94,000 students and know all you need to know about Bitcoin. One email a day for 7 days, short and educational, guaranteed.

We hate spam as much as you do. You can unsubscribe with one click.