Polymesh will be deployed by the Polymesh Association, a not-for-profit member-based association in Switzerland. Originally, we had hoped that the Polymesh Association would be finalized and ready to launch the genesis block (the first block of the blockchain) in early October, with UIs going live on October 13th. However, a few last-minute items involving the formation of the Polymesh Association have taken longer than expected.
Due to these delays, Polymesh will not launch on October 13th, but rest assured, the technology is ready! Once the Polymesh Association is finalized (any day now), Polymesh will go live with its first block.
To ensure everything is running smoothly, there will be an internal testing period following the genesis block. Once all signs are good, UIs (including onboarding and ITN rewards claiming) will then go live for all users.
A huge thank you to the community for all your continued patience and hard work! We’re almost there!
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Polymath makes it easy to create, issue, and manage tokens on the blockchain. More than 200 tokens have been deployed using our Ethereum-based solution. Polymath developed the open-source code for Polymesh, an institutional-grade blockchain built specifically for regulated assets. It streamlines antiquated processes and opens the door to new financial instruments by solving the inherent challenges with public infrastructure around identity, compliance, confidentiality, governance, and settlement.