Question 1

What is PolySwarm (NCT)?

Accepted Answer

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.

Question 2

What is PolySwarm (NCT) used for?

Accepted Answer

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.

Question 3

Who created PolySwarm (NCT)?

Accepted Answer

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.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	NCT-USD NCT-USD	coinbase	AA	0.01080USD	5,26%	8 285 962,00NCT	683	0.01026USD	0.01090USD
2	NCT-USDT NCT_USDT	gateio	A	0.01085USDT	7,87%	132 384,00NCT	104	0.01006USDT	0.01088USDT
3	NCT-KRW KRW-NCT	upbit	B	14,10KRW	2,92%	54 865 723,20NCT	1 772	13,70KRW	14,40KRW
4	NCT-KRW NCT_KRW	bithumbkorea	-	14,09KRW	3,00%	12 370 844,88NCT	1 290	13,68KRW	14,27KRW
5	NCT-BTC BTC-NCT	upbit	B	0.0₆1300BTC	-7,14%	717 108,29NCT	27	0.0₆1400BTC	0.0₆1400BTC
6	NCT-USDT NCT_USDT	poloniex	C	0.009000USDT	1 263,64%	69 482,92NCT	18	0.0₃6600USDT	0.009000USDT
7	NCT-USDT NCT_USDT	bitmart	B	0.002860USDT	0,00%	0NCT	0	0.002860USDT	0.002860USDT
8	NCT-USDT NCTUSDT	hitbtc	E	0.003528USDT	0,00%	0NCT	0	0.003528USDT	0.003528USDT
9	NCT-USDT USDT-NCT	upbit	B	0.01000USDT	-1,96%	929,87NCT	6	0.01020USDT	0.01020USDT