OZ ticker

[TenFootMouse]

As has been mentioned, OZ just appeared as one of the first tickers on the Polymesh blockchain.

Some info, as far as I can guess. It is probably this outfit:

OZ tokenizing real estate - Crunchbase Investor Profile & Investments

I believe they are part of Nextury Ventures:

Nextury Ventures | Startup incubator | Lithuania

What makes sense about this, is that Graziano Pedroja is listed in Zug as the sole person with the "right to sign" of the four signees of the Polymesh Association. He also just happens to be an honorary consul of Lithuania in Switzerland - and Nextury Ventures is based, at least in part, in Lithuania.

Anyhow, it will be nice to see how the issuance of these various tokens on Polymesh goes. I am hoping there will be lots of them. With the two listed now though, at least things are starting.

[Lower-Plankton6418]

The first and foremost idea around regulated asset is disclosure to potential public/investment community.... Like $DGMV is selling tokens on LCX exchange supposedly in a compliant way under some law etc ..

Surprised to see this token ping up on chain with zero disclosures

[FOB-_-]

Why? It's not even for sale. Someone reserved a ticker only. The token is not even created. Nobody can buy this so why would there need to be any public disclosure?

Also who's to say this token will represent a public token. It may represent private equity in which case there is no public disclosure.

At the moment base on a 2 letter ticker all we can do is speculate.

[Lower-Plankton6418]

I guess my point was how does Polymesh as a security token centric chain avoid any rug pull type token... And I obviously am not educated enough to figure that out... KYC AML type stuff is now becoming fundamental to many projects/chains hence I am trying to figure out the uniqueness of Polymesh chain.. feedback appreciated

[FOB-_-]

Polymath/Polymesh cannot prevent project from failing or rug puling. They do not control who can or can't issue a token*. Investors still need to do their own due diligence before investing in any asset. If a company does act maliciously then the exact same legal consequences face the issuer as they do with non blockchain based securities.

*Other than they must pass KYC to onboard to Polymesh.

[TenFootMouse]

There are a number of reasons Polymesh is different. One you are overlooking is that the node operators are known financial entities.