PolySwarm ICO

The Worlds First Threat Intelligence Market

The threat intelligence market is expected to grow to 9 Billion by 2022, thanks to an increasing need for cybersecurity with about 80 to 90 million cyberattacks each year, up to 70% of which go undetected. We’re releasing Nectar, a utility token that powers PolySwarm, a decentralized security marketplace where threats are detected in real-time by thousands of micro-engines, honed by security experts competing to protect you. Nectar will be used, exclusively, in the PolySwarm ecosystem by enterprises and existing anti-virus subscribers to distribute anti-virus subscription fees only to those security experts who are timely and accurate with being able to identify malicious files.

3.4 out of 5

3.4

PolySwarm ICO rating
PolySwarm coin (token) sale
Status
Active
ICO start date:
2018-02-06
ICO end date:
2018-03-08
Token
NCT
Price
Platform
Ethereum
Accepting
ETH
Soft cap
5000000 USD
Hard cap
50000000 USD
ICO country
Not selected

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About PolySwarm ICO

Polyswarm is a decentralized threat intelligence market made possible by Ethereum smart contracts and blockchain technology.

Polyswarm incentivizes rapid innovation in the $8.5B/yr anti-virus and automated cyber threat intelligence space1 with precise economic incentives that reward timely and accurate threat intelligence concerning the malintent of files, network traffic and URLs.

PolySwarm defines a real-time threat detection ecosystem involving enterprises, consumers, vendors and geographicallydiverse security experts. Experts develop and hone competing “micro-engines” that autonomously investigate the latest threats, attempting to outperform their competition. PolySwarm’s “Proof of Work” is threat detection accuracy: the market rewards experts who are best able to defend enterprises and end users.

Relative to today’s ad hoc market, PolySwarm will lower the barrier to entry, provide broader coverage options, discourage duplicative effort and ensure interoperability among products and threat intelligence feeds.

Economically, PolySwarm functions as a skill-required twist on a prediction market2 with thousands of micro-engines (“workers”) investigating the latest in malware evolution at machine speed - no human in the loop.

PolySwarm will be developed by Swarm Technologies, Inc. (“Swarm Technologies”) with funding derived from the sale of ERC20-compatible Nectar (“NCT”) utility tokens.

As a utility token, PolySwarm economically disincentivizes Nectar speculation by rewarding honest market participation through the collection and distribution of Fees to value-adding, active participants.


PolySwarm Advisors

Mark Tonnesen

Dan Guido

Chris Eagle

Sergey Bratus

Carl Hoffman

Paul Makowski

CTO, Developer, Co-founder

Steve Bassi

CEO, Developer, Founder

Ben Schmidt

Director Of Product Security, Developer, Co-founder

Nick Davis

COO, Developer, Co-founder

Max Koo

Senior Backend Developer, Co-founder

Adrian Escude

CMO

Bill Fehr

VP Of Growth & Partnership

Jessica Thiefels

Community Manager

PolySwarm Roadmap

V0.1 Alpha

A “Bounty Manager” smart contract which holds Bounty Amounts and Fees, accepts Assertions, publishes Verdicts, and rewards accurate Experts

V0.2 Beta

Offer Channels: Distributed Channel establishment, multiple Offers via a single Channel, NCT settlement at Channel Close

V0.3 Gamma

Worker Description Language (WDL) describing artifact analysis capabilities and Expert authorship attribution (for reputation)

V1.0 Stable

PolySwarm Stable will focus on eliminating bugs in PolySwarm Gamma prior to migration from the PolySwarm testnet (test tokens) to the real PolySwarm market.

V2.0 Future

Flexible Artifact confidentiality: Basic: Artifacts selectively disclosed to Experts or SaaS providers, Advanced: Artifacts never revealed to anyone outside of SGX enclaves of fully homomorphic engines

Financial

PolySwarm token info

Token NCT
Platform Ethereum

Coin price Undefined

Investment info

Accepting ETH
Equity on offer Undefined

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