PolySwarm NCT to Pluton PLU Exchange

Crypto Pair Details: NCT to PLU

PolySwarm NCT

PolySwarm in 60 Seconds. Polyswarm is a decentralized threat intelligence market made possible by Ethereum smart contracts and blockchain technology. Polyswarm incentivizes rapid innovation in the $8.5B/yr anti-virus and automated cyber threat intelligence space with precise economic incentives that reward timely and accurate threat intelligence concerning the malintent of files, network traffic and URLs. PolySwarm defines a real-time threat detection ecosystem involving enterprises, consumers, vendors and geographically-diverse security experts. Experts develop and hone competing “micro-engines” that autonomously investigate the latest threats, attempting to outperform their competition. PolySwarm’s “Proof of Work” is threat detection accuracy: the market rewards experts who are best able to defend enterprises and end users. Relative to today’s ad hoc market, PolySwarm will lower the barier to entry, provide broader coverage options, discourage duplicative effort and ensure interoperability among products and threat intelligence feeds. Economically, PolySwarm functions as a skill-required twist on a prediction market2 with thousands of micro-engines (“workers”) investigating the latest in malware evolution at machine speed - no human in the loop. PolySwarm will be developed by Swarm Technologies, Inc. (“Swarm Technologies”) with funding derived from the sale of ERC20-compatible Nectar (“NCT”) utility tokens. As a utility token, PolySwarm economically disincentivizes Nectar speculation by rewarding honest market participation through the collection and distribution of Fees (details on page 6) to valueadding, active participants.

Pluton PLU

Plutons are digital tokens issued to users on the Ethereum blockchain, these are native to the Plutus app. To provide an analogy, these tokens are similar to cash back or frequent flier miles. As a user, you will automatically be rewarded with a 3%* rebate in Plutons for every Bitcoin deposit you make towards a purchase. Plutons can be used within the Plutus app in the same way as Bitcoins. This means that you can use Plutons to charge your contactless balance just as you would with BTC, with the added benefit of zero fees and instant conversions.

SOURCE: COINGECKO

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