Forecasting on Wings – PolySwarm

in #bitcoin7 years ago

We’ve got a couple new projects on WINGS in PolySwarm and Triforce.

Today we’ll take a look at PolySwarm. The forecasting period lasts until February 20, the same day the token sale starts.

According to PolySwarm the $8.5 billion anti-virus security is broken. Over 70% of viruses go undetected. And damages from cybercrime is expected to double by 2021.

Right now the market is dominated by a handful of large companies. But they’re not interoperable and don’t cover the rapid changes in technology.

PolySwarm reinvents cyber threat intelligence by leveraging blockchain technology through Ethereum smart contracts. In PolySwarm a global community of malware experts work together to detect the latest threats. Users and businesses benefit from the combined, crowdsourced swarm of experts.

Security experts and enterprises can monetize their software while providing coverage for PolySwarm and their end users.

The benefits of PolySwarm is that it can help eliminate the estimated 70% of threats that go undetected. IT professionals from around the world can participate, helping alleviate unfilled cybersecurity jobs. Cybersecurity coverage can be expanded. And it can help reduce the costs from cybercrime.

PolySwarm runs on Nectar (NCT) tokens. It’s an ERC20 token. As mentioned the sale starts February 20 and runs to March 22. PolySwarm has a hard cap of $50 million and 1 ETH = 31,337. It’s open to everyone except US citizens.

70% of NCT tokens will be distributed in the sale. 15% will be airdropped to those that help bootstrap the system and the remaining 15% is for operations and to accelerate adoption.

Cybersecurity is an industry in need of change. Just watch any video with McAfee, he talks about it all the time.

I think PolySwarm will reach its hard cap so I forecasted $50 million.


For more on cryptos follow me @g-dubs and on SteemFollower

Use my referral link to buy Bitcoin, Ethereum, and Litecoin at Coinbase
and trade cryptos on Binance

Sort:  

thanks for reminder, entered it!

U5dri2CKtg8C7VEmU2X789TZnPjadF2.gif

this information is always waiting for me from you. continue to give interesting information and can to be a material in the study

Glad to help, there's so much to learn.

what can I learn in detail about this or you can direct me

The feasibility of submitted projects is analysed by the WINGS community using swarm intelligence.

nice information sir re-steem

I apologize if I missed it, but where can I buy Wings?

Liqui, Binance, Bittrex and others

Thank you for that information @g-dubs

I like your work dear
You and analyst @salahuddin2004 are two top analysts of cryptoworld.

Since being in crypto its the first time in my life were i have cared about cyber security

Yes, security is important. Use 2FA and store in a hardware wallet.

yeah i got a nanos :). altho i am a little unhappy as it does have errors when sending some times and has cost me money due to me missing out on selling. lost $1500 on bcash because it just wouldn't send. I only use it for my hodl coins now.

Really great information nice post thanks for sharing sir...resteemed
22886259_2032816176937148_6100491428002216895_n.jpg

Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
BTCBitcoin11117.500$8.89%32.78%
ETHEthereum975.036$3.17%16.64%
LTCLitecoin229.535$-0.34%51.63%
WINGSWings0.853$6.22%39.51%