$0.029
-3.81%
$0.028
24h Range
$0.030
Market Cap
$53,968,148.3
Fully Diluted Valuation
$53,979,949.3
24 Hour Trading Vol
$1,758,981.0
Circulating Supply
1,885,500,782.0
Total Supply
1,885,913,076.0
Max Supply
1,885,913,076.0
PolySwarm Price
$0.029
24h Range
$0.028 - $0.030
Percent Change 1h
0.22%
Percent Change 24h
-3.81%
Percent Change 7d
-5.93%
All-time high
$0.172
All-time low
$0.000596
1D
7D
1M
1Y
All
PolySwarm is a decentralized cybersecurity marketplace designed to provide real-time threat detection and response services. Utilizing blockchain technology, PolySwarm allows security experts and organizations to contribute their expertise in identifying and mitigating various cyber threats. The native cryptocurrency of the platform is Nectar (NCT), which is used as a means of exchange within the ecosystem. By incentivizing cybersecurity experts to validate and analyze threats, PolySwarm aims to create a more effective and collaborative approach to cybersecurity, ultimately enhancing protection for users and organizations alike.
PolySwarm was co-founded by Steve Bassi, who has a strong background in cybersecurity and entrepreneurship, and several other professionals with expertise in various fields related to technology and security. Steve Bassi is known for his work in threat intelligence and has been actively involved in cybersecurity for over a decade. The founding team is complemented by experienced advisors and developers who contribute to the platform's growth and operational success.
PolySwarm operates on a decentralized model where cybersecurity experts leverage their knowledge to analyze potential threats. The process begins when a user submits a suspicious file or URL to the PolySwarm platform. The submission is then made available to a network of experts who compete to analyze the threat. Experts stake NCT tokens to participate, and their analysis is rewarded based on accuracy and speed. The system employs a unique consensus mechanism to ensure that the best and most accurate analyses are prioritized. Additionally, the platform uses smart contracts to automate transactions and reward distributions, creating an efficient and transparent ecosystem.
PolySwarm provides various use cases that enhance cybersecurity efforts for individuals and organizations. Some of the top use cases include:
Ensuring the safety of your PolySwarm assets, particularly your Nectar (NCT) tokens, is crucial. Here are some best practices:
Investing in PolySwarm (NCT) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy PolySwarm: Once your account is funded, you can purchase PolySwarm directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in PolySwarm using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
PolySwarm (NCT) is currently trading at $0.029 and exhibits good potential for future growth. Check the latest PolySwarm (NCT) price prediction.
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