What is PolySwarm (NCT) used for?

PolySwarm serves several functions within the cybersecurity landscape: * **Crowdsourced Threat Detection:** By incentivising a global community of security experts to develop and refine detection engines, PolySwarm aims to improve the identification of malware and other cyber threats. * **Real-Time Analysis:** The platform facilitates real-time analysis of potential threats, enabling quicker responses to emerging cybersecurity challenges. * **Incentivisation through NCT:** Participants are rewarded with NCT tokens for providing accurate threat intelligence, promoting continuous improvement and engagement within the community. * **Access to Threat Intelligence:** Organisations and individuals can utilise NCT tokens to access detailed insights and analyses provided by the network, enhancing their cybersecurity defences.

PolySwarm

NCT

#529

$0.01060($0.00)

Key Stats

Market Cap$19.99M

Volume (24h)$1.36M

Fully Diluted Value$20.00M

Vol/Mkt Cap (24h)6.81%

Total Supply1.89B NCT

Max Supply∞

Circulating Supply1.89B NCT

Launch Date2018-02-16

PolySwarm Information

Websites

polyswarm.io Whitepaper

Industries

Platform

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Instrument	Exchange	Benchmark Data	Price	24h Change
NCT-USD NCT-USD	coinbase	AA	0.01074USD	7.83%
NCT-USDT NCT_USDT	gateio	A	0.01066USDT	8.40%
NCT-KRW KRW-NCT	upbit	B	14.80KRW	7.25%
NCT-KRW NCT_KRW	bithumbkorea	-	14.49KRW	6.54%
NCT-BTC BTC-NCT	upbit	B	0.0₆1300BTC	0.00%

About PolySwarm

PolySwarm (NCT) is a decentralised cybersecurity platform that incentivises global threat detection using its native Nectar (NCT) token. Developed by Swarm Technologies, Inc., under the leadership of Steve Bassi, the platform facilitates real-time malware analysis and provides actionable intelligence for organisations.

Frequently Asked Questions

PolySwarm is a decentralised threat intelligence marketplace that leverages blockchain technology to enhance cybersecurity measures. It operates as a platform where security experts and antivirus companies develop and deploy competing detection engines to identify and analyse emerging malware threats. The ecosystem utilises Nectar (NCT), an Ethereum-based ERC-20 utility token, to facilitate transactions and reward accurate threat detection within the network.

PolySwarm serves several functions within the cybersecurity landscape:

Crowdsourced Threat Detection: By incentivising a global community of security experts to develop and refine detection engines, PolySwarm aims to improve the identification of malware and other cyber threats.
Real-Time Analysis: The platform facilitates real-time analysis of potential threats, enabling quicker responses to emerging cybersecurity challenges.
Incentivisation through NCT: Participants are rewarded with NCT tokens for providing accurate threat intelligence, promoting continuous improvement and engagement within the community.
Access to Threat Intelligence: Organisations and individuals can utilise NCT tokens to access detailed insights and analyses provided by the network, enhancing their cybersecurity defences.

PolySwarm was developed by Swarm Technologies, Inc., led by a team of seasoned cybersecurity professionals. Key members include Steve Bassi (CEO), the founder with expertise in threat detection systems; Ben Schmidt (CTO), who directs the platform’s technical development; Paul Makowski (Chief Scientist), focused on advancing detection mechanisms and threat intelligence; and Nick Davis (CFO), responsible for financial operations and strategic planning.