[ANN] [ICO] Polyswarm - The first decentralized threat intelligence market. - page 62.

jamzzz123

member

Activity: 350

Merit: 16

Quote from: Sozialtourist on February 22, 2018, 09:44:36 AM

Quote from: phantam on February 22, 2018, 09:23:27 AM

Quote from: Gunny95 on February 22, 2018, 07:05:49 AM

Although I think there is a good interest in cyber security experts and the blockchain makes it feasible for experts to cooperate if the tokens are rewarding, but I think most of the security related issues on exchanges with huge thefts as a result could have been avoided

While i agree, you have to also remember the crypto market security is only a very tiny piece of the overall security research market, so while its probably the initial target of polyswarm the fact is the market for security research and reward is massive. Security vulnerabilities is a huge industry in itself, so anything that can streamline that process and the work vs reward paradigm would be a huge benefit. The trick is to keep the Polyswarm tokens valuable as an incentive.

Just think about where cybersecurity plays an important role. Big companies that need to protect their industrial secrets. Even for governments, cybersecurity becomes more and more important.

Yep, theres more and more companies / sensitive projects etc who require very high level of protection.

After 5 million tokens have sold the 20% bonus will be taken away, get some whilst you still can with the generous bonus.

https://tokensale.polyswarm.io/

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: phantam on February 22, 2018, 09:23:27 AM

Quote from: Gunny95 on February 22, 2018, 07:05:49 AM

Although I think there is a good interest in cyber security experts and the blockchain makes it feasible for experts to cooperate if the tokens are rewarding, but I think most of the security related issues on exchanges with huge thefts as a result could have been avoided

While i agree, you have to also remember the crypto market security is only a very tiny piece of the overall security research market, so while its probably the initial target of polyswarm the fact is the market for security research and reward is massive. Security vulnerabilities is a huge industry in itself, so anything that can streamline that process and the work vs reward paradigm would be a huge benefit. The trick is to keep the Polyswarm tokens valuable as an incentive.

Just think about where cybersecurity plays an important role. Big companies that need to protect their industrial secrets. Even for governments, cybersecurity becomes more and more important.

Anilg

member

Activity: 168

Merit: 10

Quote from: ganeshramk on February 22, 2018, 06:21:43 AM

Quote from: Anilg on February 21, 2018, 10:19:24 PM

Quote from: phantam on February 21, 2018, 10:41:25 AM

Quote from: Owillz on February 21, 2018, 07:22:54 AM

Quote from: moirahpascual11 on February 20, 2018, 11:18:52 PM

exciting project, can't way to see what's going to turn out of this,any bounty of this?

I saw something about bounty payment in their white paper so I guess there is. But I really don't know much about it though

I don't think thats the bounty in the way your expecting.

"Bounty Manager: a collection of contracts for assessing threat via Bounties" - April 2018

I believe the above is what your referring to, and basically is part of what will drive the actual Polyswarm, basicallys its the incentive for security experts to use polyswarm to submit and report security vulnerabilities and actually make use of the system.

You have to remember Polyswarm isn't just a random currency crypto, its a platform for security experts to have incentive to find and share security vulnerabilities that are found to help integrate the IT security field.

Or thats how i understand it, so i don't think they were referring in any way to things like social bounties or anything like that. Which i sort of like as it means they are giving away less tokens and the tokens will maintain their high value after the coins full release to exchanges.

Okay, so this means people (security experts) individually can contribute in developing Polyswarm product by reporting issues/vulnerability which they found in actual environment. Thats great!

Thats exactly the point. Thats exactly the difference of Polyswarm with other projects. They do have bounty but in a very different manner as you see here. I like it in this way than the social media bounties where they really dont know what they are doing by just clicking the few buttons like retweeting, etc..

I am very excited nwt about Polyswarm bounty. Since I am in IT field I am aware of some of the issues and I can contribute to this project. Hope I get some tokens Cheesy

Nathan01

member

Activity: 728

Merit: 11

DocTailor IEO on Zloadr

Recent partnerships and useful links to reach polyswarm

Rivetz:
https://polyswarm.io/press/2018/01/19/rivetz-and-polyswarm-partnership-dc2/

Binary ninja
https://globenewswire.com/news-release/2018/02/07/1335114/0/en/PolySwarm-Partners-with-Reverse-Engineering-Platform-Binary-Ninja.html

Blocktower
https://www.the-blockchain.com/2018/02/12/blocktower-capital-science-inc-invest-polyswarm/

Twitter: https://twitter.com/polyswarm

Facebook: https://facebook.com/polyswarm

LinkedIn company page: https://www.linkedin.com/company/swarm-industries/

Telegram: https://t.me/polyswarm

phantam

full member

Activity: 546

Merit: 106

Bountyhive.io

Quote from: Gunny95 on February 22, 2018, 07:05:49 AM

Although I think there is a good interest in cyber security experts and the blockchain makes it feasible for experts to cooperate if the tokens are rewarding, but I think most of the security related issues on exchanges with huge thefts as a result could have been avoided

While i agree, you have to also remember the crypto market security is only a very tiny piece of the overall security research market, so while its probably the initial target of polyswarm the fact is the market for security research and reward is massive. Security vulnerabilities is a huge industry in itself, so anything that can streamline that process and the work vs reward paradigm would be a huge benefit. The trick is to keep the Polyswarm tokens valuable as an incentive.

ibininja

member

Activity: 490

Merit: 10

Quote from: jamzzz123 on February 22, 2018, 05:40:57 AM

Quote from: faulerwilli on February 22, 2018, 04:51:36 AM

Quote from: Anilg on February 22, 2018, 04:00:06 AM

There is shortage of IT expert/cyber security experts. And by 2021 3.5 million cyber security experts job will be unfulfilled. Project like polyswarm can help in dealing this problem.

this is a really big problem, there are far too few qualified people in this area.
What should big companies do in the future if their IT departments are not well staffed? Outsource the security. and that can be a great opportunity for Polyswarm

it is a big problem which is only going to get worst and worst as technology gets more advanced, so I'm glad Polyswarm is looking to implement a system which will fix the real life problem....

These are the projects which are going to be the most successful due to the high demand

That is the problem with current solutions. They are very closed and as described in the intro video the overlap issue is a main concern if you are really into having a solid protection. You can't get in most cases get two antivirus software to work in parallel. if it is not a locking problem it is a performance issue.

Ace44

member

Activity: 672

Merit: 11

Quote from: Anilg on February 21, 2018, 10:19:24 PM

Quote from: phantam on February 21, 2018, 10:41:25 AM

Quote from: Owillz on February 21, 2018, 07:22:54 AM

Quote from: moirahpascual11 on February 20, 2018, 11:18:52 PM

exciting project, can't way to see what's going to turn out of this,any bounty of this?

I saw something about bounty payment in their white paper so I guess there is. But I really don't know much about it though

I don't think thats the bounty in the way your expecting.

"Bounty Manager: a collection of contracts for assessing threat via Bounties" - April 2018

I believe the above is what your referring to, and basically is part of what will drive the actual Polyswarm, basicallys its the incentive for security experts to use polyswarm to submit and report security vulnerabilities and actually make use of the system.

You have to remember Polyswarm isn't just a random currency crypto, its a platform for security experts to have incentive to find and share security vulnerabilities that are found to help integrate the IT security field.

Or thats how i understand it, so i don't think they were referring in any way to things like social bounties or anything like that. Which i sort of like as it means they are giving away less tokens and the tokens will maintain their high value after the coins full release to exchanges.

Okay, so this means people (security experts) individually can contribute in developing Polyswarm product by reporting issues/vulnerability which they found in actual environment. Thats great!

Yes, they tend to unlock potentials in dormant information security expertise by creating rewards for crowdsourced and collaborative malware detection, now this where the game changing sets in , this will allow enterprises and end users alike to obtain more complete threat coverage.

Gunny95

member

Activity: 252

Merit: 11

Quote from: Owillz on February 22, 2018, 04:13:00 AM

Quote from: Anilg on February 22, 2018, 04:00:06 AM

There is shortage of IT expert/cyber security experts. And by 2021 3.5 million cyber security experts job will be unfulfilled. Project like polyswarm can help in dealing this problem.

Yea. That's true. You can never be too safe you know. So I expect some other similar security projects to spring up and assist also

Although I think there is a good interest in cyber security experts and the blockchain makes it feasible for experts to cooperate if the tokens are rewarding, but I think most of the security related issues on exchanges with huge thefts as a result could have been avoided

girib1684

member

Activity: 168

Merit: 11

Few below instruction for investors who have generally questions.

How they purchase Nectar Tokens?
Nectar tokens (NCT) will be available for purchase exclusively with Ether (ETH). If you plan to participate in the Nectar token sale, we recommend acquiring ETH well in advance of the sale start date to ensure your ability to contribute. Participants will complete a brief registration process that will be launching in advance of the token sale.

ganeshramk

full member

Activity: 868

Merit: 104

Quote from: Anilg on February 21, 2018, 10:19:24 PM

Quote from: phantam on February 21, 2018, 10:41:25 AM

Quote from: Owillz on February 21, 2018, 07:22:54 AM

Quote from: moirahpascual11 on February 20, 2018, 11:18:52 PM

exciting project, can't way to see what's going to turn out of this,any bounty of this?

I saw something about bounty payment in their white paper so I guess there is. But I really don't know much about it though

I don't think thats the bounty in the way your expecting.

"Bounty Manager: a collection of contracts for assessing threat via Bounties" - April 2018

I believe the above is what your referring to, and basically is part of what will drive the actual Polyswarm, basicallys its the incentive for security experts to use polyswarm to submit and report security vulnerabilities and actually make use of the system.

You have to remember Polyswarm isn't just a random currency crypto, its a platform for security experts to have incentive to find and share security vulnerabilities that are found to help integrate the IT security field.

Or thats how i understand it, so i don't think they were referring in any way to things like social bounties or anything like that. Which i sort of like as it means they are giving away less tokens and the tokens will maintain their high value after the coins full release to exchanges.

Okay, so this means people (security experts) individually can contribute in developing Polyswarm product by reporting issues/vulnerability which they found in actual environment. Thats great!

Thats exactly the point. Thats exactly the difference of Polyswarm with other projects. They do have bounty but in a very different manner as you see here. I like it in this way than the social media bounties where they really dont know what they are doing by just clicking the few buttons like retweeting, etc..

jamzzz123

member

Activity: 350

Merit: 16

Quote from: faulerwilli on February 22, 2018, 04:51:36 AM

Quote from: Anilg on February 22, 2018, 04:00:06 AM

There is shortage of IT expert/cyber security experts. And by 2021 3.5 million cyber security experts job will be unfulfilled. Project like polyswarm can help in dealing this problem.

this is a really big problem, there are far too few qualified people in this area.
What should big companies do in the future if their IT departments are not well staffed? Outsource the security. and that can be a great opportunity for Polyswarm

it is a big problem which is only going to get worst and worst as technology gets more advanced, so I'm glad Polyswarm is looking to implement a system which will fix the real life problem....

These are the projects which are going to be the most successful due to the high demand

faulerwilli

full member

Activity: 994

Merit: 140

Quote from: Anilg on February 22, 2018, 04:00:06 AM

There is shortage of IT expert/cyber security experts. And by 2021 3.5 million cyber security experts job will be unfulfilled. Project like polyswarm can help in dealing this problem.

this is a really big problem, there are far too few qualified people in this area.
What should big companies do in the future if their IT departments are not well staffed? Outsource the security. and that can be a great opportunity for Polyswarm

Owillz

member

Activity: 532

Merit: 10

Quote from: Anilg on February 22, 2018, 04:00:06 AM

There is shortage of IT expert/cyber security experts. And by 2021 3.5 million cyber security experts job will be unfulfilled. Project like polyswarm can help in dealing this problem.

Yea. That's true. You can never be too safe you know. So I expect some other similar security projects to spring up and assist also

Anilg

member

Activity: 168

Merit: 10

There is shortage of IT expert/cyber security experts. And by 2021 3.5 million cyber security experts job will be unfulfilled. Project like polyswarm can help in dealing this problem.

Nathan01

member

Activity: 728

Merit: 11

DocTailor IEO on Zloadr

Quote from: girib1684 on February 21, 2018, 10:34:56 PM

PolySwarm is the first decentralized marketplace where security experts earn income by operating cutting-edge micro-engines that compete to protect users and enterprises.
Wow that's the great...

The first of it's kind in the crypto space such huge potentials... We all know that pioneer effect.. Where the first of anything is usually the leader, take bitcoin for example... so early adopters and investors of polyswarm are already in luck here Cool

ibininja

member

Activity: 490

Merit: 10

Quote from: rathaha10 on February 21, 2018, 06:37:54 PM

Quote from: Cnote328 on February 21, 2018, 06:10:57 PM

Quote from: phantam on February 21, 2018, 05:44:17 PM

Quote from: faulerwilli on February 21, 2018, 04:15:58 PM

Already another 5 million earned. But after the successful pre-ico this is no surprise.
Nevertheless, I find the 50 million hardcap very ambitious. We will see how the sales run without a 20% bonus.
Hope they can do it.

I always wonder what's better for my tokens: when the hardcap is reached, or when there are fewer tokens in circulation

I really don’t think 50m is that ambitious it’s still pretty solidly in the lowcap area maybe a little on the larger of lowcap but still a really solid number especially considering what their doing does seem to need the liquidity to be able to attract the security experts that they need for the platform itself. The project seems like a rolling ball that once they get rolling will keep gaining speed but they need to get the interest built up for their specialized style of bounties

50 million hardcap isn't ambitious, Polyswarm is a good project with great prospects i believe even if the 20% bonus goes down investors will still purchase polyswarm token also put into consideration that polyswarm has active social media outlets.

I agree people will still buy it when the bonus is going down. Because they know that the price will be much higher on the exchanges. They have a chance to hit 50 million.

It is an actual solution to an actual problem; the team been doing this for ages they see the potential to come up with such an idea. I think this is a winner.

girib1684

member

Activity: 168

Merit: 11

PolySwarm is the first decentralized marketplace where security experts earn income by operating cutting-edge micro-engines that compete to protect users and enterprises.
Wow that's the great...

Anilg

member

Activity: 168

Merit: 10

Quote from: phantam on February 21, 2018, 10:41:25 AM

Quote from: Owillz on February 21, 2018, 07:22:54 AM

Quote from: moirahpascual11 on February 20, 2018, 11:18:52 PM

exciting project, can't way to see what's going to turn out of this,any bounty of this?

I saw something about bounty payment in their white paper so I guess there is. But I really don't know much about it though

I don't think thats the bounty in the way your expecting.

"Bounty Manager: a collection of contracts for assessing threat via Bounties" - April 2018

I believe the above is what your referring to, and basically is part of what will drive the actual Polyswarm, basicallys its the incentive for security experts to use polyswarm to submit and report security vulnerabilities and actually make use of the system.

You have to remember Polyswarm isn't just a random currency crypto, its a platform for security experts to have incentive to find and share security vulnerabilities that are found to help integrate the IT security field.

Or thats how i understand it, so i don't think they were referring in any way to things like social bounties or anything like that. Which i sort of like as it means they are giving away less tokens and the tokens will maintain their high value after the coins full release to exchanges.

Okay, so this means people (security experts) individually can contribute in developing Polyswarm product by reporting issues/vulnerability which they found in actual environment. Thats great!

marksb82

newbie

Activity: 12

Merit: 0

Quote from: ibininja on February 21, 2018, 10:52:24 AM

Quote from: blink_stun on February 21, 2018, 10:45:41 AM

I like the Project Name, sounds cool. I hope the team is as cool as it's name and bring this project into the cryptospace with intention to compete against bigger Projects. Will definitely invest.

For sure the team is amazing; they have a good track of running a business they even ran projects for big names like DARPA and Homeland security and many other company ranked under the fortune 500/100. If this did not attract you not sure what will.

Agreed, the team is highly qualified and what's also advantageous is that they've already been working for years. The work dynamic/chemistry is already there, hence part of the reason it's gaining momentum fast (didn't need to build the team out too much), and now they're focused 100% on this project.

rathaha10

full member

Activity: 616

Merit: 108

io.ezystayz.com

Quote from: Cnote328 on February 21, 2018, 06:10:57 PM

Quote from: phantam on February 21, 2018, 05:44:17 PM

Quote from: faulerwilli on February 21, 2018, 04:15:58 PM

Already another 5 million earned. But after the successful pre-ico this is no surprise.
Nevertheless, I find the 50 million hardcap very ambitious. We will see how the sales run without a 20% bonus.
Hope they can do it.

I always wonder what's better for my tokens: when the hardcap is reached, or when there are fewer tokens in circulation

I really don’t think 50m is that ambitious it’s still pretty solidly in the lowcap area maybe a little on the larger of lowcap but still a really solid number especially considering what their doing does seem to need the liquidity to be able to attract the security experts that they need for the platform itself. The project seems like a rolling ball that once they get rolling will keep gaining speed but they need to get the interest built up for their specialized style of bounties

50 million hardcap isn't ambitious, Polyswarm is a good project with great prospects i believe even if the 20% bonus goes down investors will still purchase polyswarm token also put into consideration that polyswarm has active social media outlets.

I agree people will still buy it when the bonus is going down. Because they know that the price will be much higher on the exchanges. They have a chance to hit 50 million.

Topic: [ANN] [ICO] Polyswarm - The first decentralized threat intelligence market. - page 62. (Read 22564 times)