PolySwarm

PolySwarm

Created using Figma
Created using Figma
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.
Risk: High
ICO
Feb 20, 2018
Mar 22, 2018
100% completed
$25 910 000
100% goal completed
past
Pre-ICO
Feb 6, 2018
Feb 20, 2018
100% completed
$15 000 000
100% goal completed
past
Token Details
Ticker
NCT
Accepted Currencies
ETH
Company Details
Registered Country
USA
Additional Details
Platform
Ethereum
Categories
Platform

About PolySwarm

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.

Features

  • No future data is required to accurately classify an artifact. The “correct” answer to whether an artifact is malicious can always be determined with certainty at the time it is made available to workers. 
  • Determining ground truth will always require expertise. This is in contrast to the “universal observability” of prediction markets that rely on unskilled participants to observe and record events as they occur.

PolySwarm Roadmap

  • V0.1 Alpha

  • A “Bounty Manager” smart contract which holds Bounty Amounts and Fees, accepts Assertions, publishes Verdicts, and rewards accurate Experts
    Artifact posting and retrieval to / from off-PolySwarm storage (e.g. S3 and/or IPFS)
    Prototype algorithm for selecting Arbiters at Bounty expiration
    Reference implementations for Bounty publishing, Assertion response, and Arbiter ground truth determination
  • V0.2 Beta

  • Offer Channels: Distributed Channel establishment, multiple Offers via a single Channel, NCT settlement at Channel Close
    Reference implementation for Offer production and response
    Reference implementation for Arbiter ground truth notification and response
    Fee collection and distribution smart contracts
    Research and quantify trust (in NCT) required for a specific Artifact volume
    Offer/Bounty development toolkit: a test and implementation framework for Experts and Ambassadors to automate servicing of Bounties and Offers
  • V0.3 Gamma

  • Worker Description Language (WDL) describing artifact analysis capabilities and Expert authorship attribution (for reputation)
    Distributed, searchable, registry of Workers and their capabilities.
    Confidentiality for pre-deadline Bounty Assertions
    Finalize Arbiter selection, response, and end to end Bounty feedback loop
  • 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.
  • Read More
  • 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
    New Instruments (e.g. subscription-ready threat feeds)
    Deployment support for endpoint-resident Worker containers that supplant today’s endpoint protection suites

Activity

Followers:
4 516
MEDIUM
Tweets:
1 041
VERY HIGH
Members:
5 879
HIGH
Alexa
Rank:
939 124
LOW
Delta:
9 112
Year commits:
2 917
Watchers:
226
Stars:
164
Forks:
30
Open issues:
100

Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

CTO, Developer, Co-founder
unverified
CEO, Developer, Founder
unverified
Director Of Product Security, Developer, Co-founde...
unverified
COO, Developer, Co-founder
unverified
Senior Backend Developer, Co-founder
unverified
VP Of Growth & Partnership
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Advisor: FORMER CIO, MCAFEE
unverified
Advisor: CO-FOUNDER & CEO, TRAIL OF BITS
unverified
Advisor
unverified
Advisor
unverified

Last News

$ 0.0035
6.43%
Coin Stats
Daily, %:
6.43%
Weekly, %:
3.79%
Monthly, %:
-9.28%
Market Info
Market Cap:
$ 4.427 M
Volume 24h:
$ 21.147 K
Circ. Supply:
1.295 B NCT
Ticker:
NCT
3.49
risky+
5.0 19
ICO Profile Vision Activity Potential Product Team
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