Whether or not you’ve realized it, the internet’s a pretty big place. There are over 1.2 billion websites, and that number is growing continuously at breakneck speeds. The token sale space is growing equally quickly, and sadly, many great projects get lost in the thick of it.
Although you might not have heard of SelfKey, LEXIT, and Polymath, you’re about to find out why they’re heads and shoulders above the rest.
To the uninformed, SelfKey might simply be another digital ID solution. However, this is most certainly not the case. Each user can truly control and manage his digital identity, and they can apply for products and services easily and immediately, avoiding tedious application processes.
The team behind SelfKey have been around for some time now and previously developed KYC-Chain – an ID solution that focussed verification and self-sovereign identity.
With a working product ready to go, the SelfKey platform offers a complete end-to-end digital ID solution, and it has already been rigorously tested by companies such as Standard Chartered Bank in the UK.
At launch, the SelfKey marketplace will have over 250 real products and services, such as residency and citizenship by investment applications, company incorporation, and a whole lot more.
The platform is already stirring up avid interest, and the digital ID sign up is already in use in multiple token sales to address KYC compliance.
Everyone in the SelfKey ecosystem is incentivized with the KEY token. Certifiers monetize their attestations, and tokens are charged for products and services.
For every successful blockchain-based business launch, hundreds fail, leaving behind unused technologies and whole businesses. LEXIT offers entrepreneurs the opportunity to trade intellectual property, copyrights, and technology from discontinued projects.
Using LXT tokens and by disintermediating appraisals and matchmaking services, LEXIT makes mergers and acquisitions processes as easy as selling your car.
Buyers and sellers meet directly through LEXIT’s marketplace and projects are appraised by a distributed network of assessors so that the best deals can be struck. By replacing traditional inefficient mediators in this way, mergers and acquisitions can occur at previously unthought of speeds.
The LEXIT platform allows for the recycling of assets, technologies, and businesses into new, successful contexts, thus ensuring that no good idea goes to waste.
Acting as the interface between financial securities and the blockchain, Polymath guides start-ups through the multitude of tech and legal processes inherent in any new token launch, and promises to do for securities tokens what Ethereum did for app tokens.
Asset-backed securities such as private equity, bonds, and derivatives are hurtling towards the blockchain at breakneck speed.
With increasing regulations and scrutiny surrounding app token sales, it makes sense that there is a shift towards securities tokens as these are regulated offerings with mandatory KYC/AML/Accreditation.
The POLY token is used to by issuers, investors, and developers to access, use and further develop the Polymath network.
With all the static out there on the internet, sometimes really amazing ideas get lost in the noise. These three projects deserve your full attention.
Images courtesy of SelfKey, LEXIT, Polymath