ERC20 Token
PolySwarm (NCT) 
Think Bitcoin, but instead of mining, a global community of anti-malware experts compete to best detect today’s threats. PolySwarm incentivizes rapid innovation in the $8.5B/year cyber threat intelligence space with precise economic incentives that reward a global community of security experts for timely and accurate malware identification.
The PolySwarm ecosystem incentivizes what matters most: quality output of malintent detection. It rewards honest market participation through collection and distribution of fees to value-adding, active security experts.
The PolySwarm market runs on Nectar, a token that will make it easy to submit and classify potential threats on the PolySwarm market. Nectar replaces traditional lump anti-virus and threat scanning subscription payments that are inefficiently distributed to a single vendor that doesn’t cover your variety of threats well.
“The PolySwarm team is a group of respected security experts with decades of experience in the industry, working with cutting-edge blockchain-based identity management project for the Department of Homeland Security (DHS), several projects on behalf of DARPA and Fortune 100 companies.”
Buy & SellPositives
- Bringing Antivirus to the Blockchain Will Allow for a Platform That Can Constantly Evolve and Grow Without a Single Company Pushing Updates with Closed Source Code. Traditional Antivirus Programs Have Been “Showing Their Age” For Years.
- Extremely Strong Team &Amp; Advisory Board. Not Only Does PolySwarm Have Mark Tonnesen (Former CIO of Mcafee) and Dan Guido (CEO, Co-founder of Trail of Bits) on the Advisory Board, the Team Behind PolySwarm Have a Huge Resume of Development Experience. It’s Not Very Often We See High Level Team Members like the CEO and CTO of a Company Actively Involved in Development of the Project They Manage.
- The NCT or Nectar Token Has an Excellent Use Case on the PolySwarm Platform. NCT Is Used as a Method of Payment for the Services Provided by Security Experts. An Active Ecosystem Is Easy to Imagine Here.
- Beautiful Website. PolySwarm Has Gone All out on the Design of Their Website. Potential Investors Will Have No Issue Finding the Research Information That They Need and Users Will No Doubt Find the Platform Seamless and Effortless When It Is Launched.
Exchanges
Concerns
- Like Any Marketplace Ecosystem, Users Will Need to Find Value in Using the Platform, in PolySwarms Case Both Users and Security Experts Need to Be Active on the Platform for the Ecosystem to Function Properly. You Can’t Have a Large Amount of Users with No Security Experts Available and You Can’t Have a Bunch of Security Experts with Nobody to Help. Not a Direct Concern for the PolySwarm Platform, This Is Something All Marketplace/Ecosystems Have to Face.
- Due to the NCT Token Powering the Platform, the Value of the NCT Token Must Remain Valuable for Security Experts to See Any Value in Using the Platform. If Users Find Value in the Services Provided by the PolySwarm Platform, This Shouldn’t Be an Issue.
- No Other Concerns Here. We’ve Been Following PolySwarm since Their ICO/Token Sale and We’ve Been Nothing but Impressed by Their Marketing Efforts and Development Progress on Github. We’ve Got PolySwarm on Our Watchlist for 2018 and Are Expecting Huge Growth as Antivirus Moves from Traditional Software to the Blockchain.
Official Links
Token Details
Token Type
ERC20
Powered by the Ethereum Network. Can be stored on any ERC20 compatible wallet e.g MyEtherWallet
Token Statistics
Supply
• Ticker: NCT
• Total Supply: 1,885,913,076
• Circulating Supply: 1,468,214,570
• Token Use: Services & Fees
Founders
The Team
• Steve Bassi (CEO, Developer)
• Paul Makowski (CTO, Developer)
• Ben Schmidt (CSO, Developer)
• More
Industry
& Competitors
• Anti-Virus Protection
• Bug Bounties
• Competitors – None. First Mover.
