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	0.008990USD	1.01%	4,372,171.00NCT	1,136	0.008900USD	0.009050USD
2	NCT-USDT NCT_USDT	gateio	A	0.008916USDT	-0.10%	156,048.00NCT	144	0.008925USDT	0.008996USDT
3	NCT-KRW KRW-NCT	upbit	B	12.00KRW	0.00%	12,399,109.45NCT	350	12.00KRW	12.10KRW
4	NCT-KRW NCT_KRW	bithumbkorea	-	11.86KRW	0.25%	2,906,458.85NCT	178	11.83KRW	12.03KRW
5	NCT-USDT NCT_USDT	poloniex	C	0.002880USDT	0.00%	0NCT	0	0.002880USDT	0.002880USDT
6	NCT-USDT NCT_USDT	bitmart	B	0.002860USDT	0.00%	0NCT	0	0.002860USDT	0.002860USDT
7	NCT-BTC BTC-NCT	upbit	B	0.0₆1000BTC	0.00%	0NCT	0	0.0₆1000BTC	0.0₆1000BTC
8	NCT-USDT NCTUSDT	hitbtc	E	0.0₃9791USDT	0.00%	0NCT	0	0.0₃9791USDT	0.0₃9791USDT
9	NCT-USDT USDT-NCT	upbit	B	0.009000USDT	-1.10%	168.00NCT	3	0.009100USDT	0.009100USDT