Polymesh to Participate in Web3 Investor Gathering in Davos on January 21st

Polymesh will attend the third edition of the Web3 Investor Gathering in Davos on January 21st. Blockchain Founders Capital and Animoca Brands host the event.Bill Papp, CEO of the Polymesh Association, is expected to connect with industry leaders and visionaries during the event. Refer to the official tweet by POLYX: 🙌🏼 Excited to share Polymesh will be attending the 3rd edition of the Investor Gathering in Davos this January 21 hosted by and ! Bill Papp, CEO of the Polymesh Association, is looking forward to connecting with industry leaders, visionaries, and… POLYX InfoPolymesh is a specialized layer 1 public permissioned blockchain, designed specifically for the handling of security tokens, digital contracts tied to real-world assets. The platform requires identity verification for all participants including issuers, investors, stakers, and node operators. Unique in its infrastructure, Polymesh is dedicated to enhancing network security by mandating node operators to be licensed financial entities, offering a blend of benefits of both private and permissionless networks.Polymesh operates through the collective work of node operators and stakers to secure the blockchain and validate blocks. Node operators who successfully validate blocks are rewarded in POLYX, Polymesh’s native utility token. Stakers provide their POLYX to node operators, increasing their chances of entering the validator pool, and thereby reinforcing the network’s security and operational efficiency.POLYX is the native utility token of Polymesh, used for governance, chain security through staking, and managing security tokens. The token holders have the ability to influence Polymesh’s governance by submitting improvement proposals or voting. The staking mechanism allows POLYX holders to bond their tokens to node operators, enhancing the latter’s probability of earning rewards and contributing to the overall network security.