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New ICO – Polyswarm ICO Review

//New ICO – Polyswarm ICO Review

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Polyswarm Quick Facts

  1. PolySwarm is a marketplace where security experts build anti-malware engines that compete to protect you.
  2. TBD = 1 NCT token
  3. 2.20.2018–3.22.2018
  4. 50,000,000 total available / 50,000,000 total supply
  5. First 37,604 ETH contributors will receive 20% bonus

What is PolySwarm?

PolySwarm is a decentralized anti-virus and cyber threat intelligence market made possible by Ethereum smart contracts and the blockchain. PolySwarm brings enterprises, consumers, vendors and geographically-diverse security experts together into a single marketplace for more complete cyber threat detection. Experts craft and maintain competing software, “micro-engines,” that quickly identify 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.

 PolySwarm Team

ICO Information
The main ICO will begin on February 20, 2018 and will end on March 22, 2018. There are a total of 50,000,000 Polyswarm tokens (NCT) available during the main ICO, representing 100% of the total NCT supply. A hard cap of 50,000,000 is set for this period.

TBD = 1 NCT token

Current accepted currencies for Polyswarm include ETH.

Polyswarm is an ERC-20 token, so it’s important that contributors use ERC-20 compatible wallets to send funds to the ICO smart contract, and to receive the Polyswarm tokens.

Token Distribution Information
There are a total 50,000,000 NCT tokens being created, with 50,000,000 available during main ICO.

Contributors will have their tokens distributed shortly after the end of the ICO. Visit the PolySwarm website for more information and the contribution address.

Allocation
70% of NCT tokens will be sold during the token sale.

15% of the remaining 30% will be “airdropped” to enterprises, vendors, and Security Experts interested in helping bootstrap the PolySwarm ecosystem. Recipients will be chosen at Swarm Technologies’ sole discretion.

The final 15% of tokens will be used by Swarm Technologies in a manner that best accelerates adoption of the PolySwarm ecosystem. As an illustrative example, tokens may be offered as incentive to participate in PolySwarm “hackathons.” This allocation will be at Swarm Technologies’ sole discretion.

ICO Proceeds

Team

Social Media
Facebook
Medium
Twitter
Telegram
Youtube
Github

View the Polyswarm website here.

View the only comprehensive list of active and upcoming Initial Coin Offerings (ICOs) here.

References

  1. Polyswarm Website, Polyswarm (2018)
    https://polyswarm.io/
  2. Polyswarm Whitepaper, Polyswarm (2018)
    https://polyswarm.io/polyswarm-whitepaper.pdf
2018-01-31T21:13:37+00:00January 31st, 2018|Categories: Crypto News|Tags: , , , , |

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