PolySwarm launched in 2018 with the Nectar (NCT) token, an ERC-20 token empowering cybersecurity professionals and enterprises to actively contribute and participate in our threat detection marketplace. The distribution of NCT reflects PolySwarm’s commitment to building a decentralized, community-driven platform. This post describes PolySwarm’s token allocations at launch and the token’s role within the cybersecurity ecosystem.
PolySwarm, the decentralized threat detection marketplace, is excited to announce that we are developing an expansion of our groundbreaking NectarNet browser extension.
Today we introduce a new utility use for PolySwarm’s Nectar token for average users: distributing rewards for security-relevant data about TLS certificates, DNS resolutions, and potentially malicious files encountered in daily computer use. Many of these telemetry sources are already collected from user devices by Antivirus (AV) providers. Still, there are a number of serious issues with how they are collected, how users are compensated for their information, and how these results are shared. By re-imagining how this marketplace works, we can increase collection transparency, fairly compensate all participants in the marketplace, and, most importantly, create a more unified source of security telemetry that will better protect users worldwide.
Introduction
So you’ve decided to buy PolySwarms’ token, and you think Uniswap sounds like the place to go? In this blog post we will go over the necessary steps you will need to take to buy your very own bag of PolySwarm Nectar.
The Telegram messaging app is used by over 200 million people around the world and has proven to be a great communication vehicle for individuals and companies. Unfortunately, Telegram is also an attractive target for bad actors looking to exploit the platform and people. From cryptocurrency stealers and miners, Telegram has seen its fair share of scams.
Steve Bassi talks to BlockTempo TV about PolySwarm’s threat detection marketplace, a VirusTotal alternative that provides intelligence on malicious files and URLs. Bassi talk here about how PolySwarm can help curb cybercrime, plus his thoughts on the WannaCry attack and what blockchain projects need to be successful in 2019 and beyond.