HACKEN

Competent cyber security is in the best interest of any operating business, companies endure major setbacks when data is compromised. Data breaches and financial loss are not the only problems that can occur after an attack, companies undergo a change in optics as businesses can be perceived negatively by the community going forward. To help eliminate or reduce the possibility of such attacks, Hacken attempts to provide analysis on software and network deficiencies by providing token incentive to hackers that provide their penetration testing services.

The roadblock standing in Hacken's desired path stems from the unnecessary use of a token in exchange for services. There are other well established, competing businesses that provide crowdsourced cyber security services where fiat and bitcoin are accepted. In order for Hacken to succeed, a large buzz will have to be created within the niche community of hackers. Hacken can easily provide a platform for their services, but the services must be reputable and structured in such a way that it gives value to their platform, and the most desirable value is acceptance and mainstream use by the community. Without international support from the hacking community, Hacken will likely be unable to sustain a token value that an early investor would appreciate.

The company's products are services related to the search and removal of vulnerabilities in the software. In addition to the resale of exploits created by third-party hackers, community members themselves are engaged in the search for vulnerabilities and the development of exploits, as well as developing a marketplace for the provision of services in the field of cybersecurity. Unlike the Zerodium platform (the largest in the world), the vulnerability exchange within Hacken uses blockchain, which allows to maximally secure the buyer from the fact of disclosure of any information about him (including the project itself can not track the buyer company). The launch of the marketplace is planned in Q4 2017.
But product is not ready-to-use There is no ability to track the development status (for example, the presence of Github).

The hard cap for the ICO has been set at €20 Million. More than 80% of receive funds will be hold on an escrow account under the control of Juscutum. the audit assignment should be carried out by an experienced staff, with the involvement of one of the Big 4 audit companies. The principle of burning tokens used by the project will allow ICO participants to count on further receiving services at an attractive price and additional yield on the invested funds.

Team of project is fully equiped - both by specialists with business background and with ceratin industry experts. From the point of view of marketing and positioning in the market, Hacken also has several significant advantages, including the presence of the founder of the HackIT conference as part of the team and the availability of expertise in the promotion strategy among its target audience.