Skip to main content

What is PolySwarm (NCT)? The Future of Cybersecurity

Iska Pebrina
Updated

Cek Market Crypto Hari Ini:

Bittime - In this digital era, cyber security threats are increasingly increasing and complex. PolySwarm (NCT) is an innovative solution that leverages the power of blockchain and crowdsourcing to deliver stronger, decentralized and trusted cybersecurity.

What is PolySwarm (NCT)?

PolySwarm (NCT) is a decentralized cybersecurity platform that allows users to contribute and use the world's best antivirus tools to combat malware and other cyber threats. The platform uses the Ethereum blockchain to manage and verify antivirus tools, as well as to provide incentives to users who contribute to the platform's security.

PolySwarm (NCT) Key Products and Features

  1. PolySwarm Nectar: ​​A crowdsourcing platform that allows users to donate and use the world's best antivirus tools.
  2. PolySwarm Beehive: A decentralized marketplace where users can buy and sell antivirus tools.
  3. PolySwarm Honey: The native utility token of the PolySwarm platform used to pay transaction fees, incentives for contributors, and platform governance.

Also Read: Crypto Jobs: Promising Career Opportunities in the Cryptocurrency Industry

What is NCT Token?

NCT token is the native utility token of the PolySwarm platform. This token is used for:

  1. Paying fees: Users can use NCT tokens to pay transaction fees on the PolySwarm platform, such as fees for using antivirus tools and fees for purchasing digital assets.
  2. Incentives: Users who contribute to the security of the PolySwarm platform by donating antivirus tools or reporting new malware will receive rewards in the form of NCT tokens.
  3. Governance: NCT token holders have a say in the governance of the PolySwarm platform, including proposals and voting on changes to the protocol.

Tokenomics Token NCT

  • Maximum supply: 1.8 billion NCT
  • Circulating supply: 1.5 billion NCT
  • Distribution:
    • 40%: Public sale
    • 20%: Team and advisors
    • 20%: Ecosystem and development
    • 20%: Reserve funds

Also Read: What is a White Hat Hacker?

PolySwarm Fundamental Analysis 

PolySwarm (NCT) fundamental analysis covers several key aspects that influence the value and growth potential of the project. Here are four aspects of fundamental analysis that are usually considered.

  1. Technology: PolySwarm uses Ethereum blockchain technology that offers high scalability, strong security, and transparency.
  2. Team: The PolySwarm team consists of experienced professionals in the fields of cybersecurity, blockchain, and software development.
  3. Community: PolySwarm has a fast-growing community of over 100,000 members across various social media platforms.
  4. Adoption: PolySwarm has established partnerships with several well-known cybersecurity companies and has been used by various organizations to improve their security.

Comparison of PolySwarm (NCT) and Competitors

PolySwarm has several advantages compared to other cybersecurity platforms, such as:

  1. More decentralized: PolySwarm is built on the Ethereum blockchain, which makes it more decentralized and attack-resistant compared to other centralized cybersecurity platforms.
  2. More effective: PolySwarm uses crowdsourcing to curate the world's best antivirus tools, which makes it more effective in fighting malware and other cyber threats.
  3. More cost-effective: PolySwarm offers a more cost-effective cybersecurity solution compared to traditional cybersecurity platforms.

Check Crypto Prices Today:

Conclusion

PolySwarm (NCT) is an innovative cybersecurity platform with huge potential to change the future of cybersecurity. The platform offers a more robust, decentralized and trusted solution for users and organizations looking to protect themselves from increasing cyber threats. PolySwarm is an attractive option for those who want to get involved in building a safer and more secure cybersecurity future.

How to Buy Crypto with Bittime

You can buy and sell QNT tokens in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. QNT is available on Bittime with pairing to IDR

To be able to buy tokens on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of Bittime assets is IDR 10,000. After that, you can make QNT purchases in the application. More Complete Guide How to Buy Crypto on Bittime .

Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) , and other cryptos to find out today's crypto market trends in real-time on Bittime. 

Read Also:

What Are Crypto Wallets?

What is Cryptocurrency Mining?

What Is Bitcoin and How Does It Work

DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.

Related to

Related articles

Comments

0 comments

Please sign in to leave a comment.