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PolySwarm (NCT)

ICO

Polyswarm is a decentralized threat intelligence market made possible by blockchain technology.

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Overview

Project industryPrivacy & Security
FoundedUnited States, 2017
WhitepaperPolySwarm White Paper Open

What is PolySwarm

PolySwarm defines a real-time threat detection ecosystem involving enterprises, consumers, vendors and security experts.

PolySwarm functions as a prediction market with multiple micro-engines investigating the latest malware developments.

PolySwarm will assign arbitrage to existing threat intelligence vendors that are willing to maintain engagement with the PolySwarm team, help identify and address platform bugs, and help build interest in the ecosystem.

PolySwarm market incentivizes actions that incur minimal Ethereum gas cost, as well as activity on the market with PolySwarm tokens.

PolySwarm will develop a common interface and description language for publicly registering workers.

Details

Public sales: Feb 20, 2018 - Mar 22, 2018
Soft cap: 5,000,000 USD
Hard cap: 50,000,000 USD
Raised: 25,910,000 USD

Legal

Registration country: United States
Registration year: 2017

Token info

Ticker: NCT
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 NCT = 0.02825511 USD
Token price in ETH: 1 Token = 0.000032 ETH
Accepted currencies: ETH
Token distribution:
70% - Token Sale
15% - used by Swarm Technologies
15% - will be “airdropped” to enterprises, vendors and Security Experts interested in helping bootstrap the PolySwarm ecosystem
Funds allocation:
54.51% - Developer Salaries
14.49% - Legal
13.62% - Marketing
10.32% - Tax
4.06% - Operational Overhead (travel, hosting, etc)
3.00% - Office Expenses

PolySwarm Roadmap

1
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

2
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

3
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

4
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.

5
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

Project team

Steve Bassi
Steve Bassi
CEO, Developer, Founder
Steve Bassi linkedin
Paul Makowski
Paul Makowski
CTO, Developer, Co-founder
Paul Makowski linkedin
Ben Schmidt
Ben Schmidt
Director Of Product Security, Developer, Co-founder
Ben Schmidt linkedin
Nick Davis
Nick Davis
COO, Developer, Co-founder
Nick Davis linkedin
Max Koo
Max Koo
Senior Backend Developer, Co-founder
Max Koo linkedin
Adrian Escude
Adrian Escude
CMO
Adrian Escude linkedin
Bill Fehr
Bill Fehr
VP Of Growth & Partnership
Bill Fehr linkedin
Jessica Thiefels
Jessica Thiefels
Community Manager
Jessica Thiefels linkedin
Evelyn Hytopoulos
Evelyn Hytopoulos
Chief Economist & Data Scientist
Evelyn Hytopoulos linkedin

Advisors

Mark Tonnesen
Mark Tonnesen
Mark Tonnesen linkedin
Dan Guido
Dan Guido
Dan Guido linkedin
Chris Eagle
Chris Eagle
Chris Eagle twitter
Sergey Bratus
Sergey Bratus
Sergey Bratus twitter
Carl Hoffman
Carl Hoffman
Carl Hoffman linkedin

Social media

PolySwarm web-sitePolySwarm MediumPolySwarm TelegramPolySwarm LinkedInPolySwarm X (Twitter)

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