What is NCT Crypto? Where can I buy NCT PolySwarm?

NCT is an Ethereum token that powers PolySwarm, a community and network for detecting malware.

What is PolySwarm Crypto?

NCT Crypto rewards are distributed to users who provide relevant cybersecurity data while NCT is used to access insights provided by the network.

PolySwarm is a launchpad for new technologies and innovative threat detection methods that compete to protect you in real-time.

We bring them together to help you better detect and respond to emerging threats, the ones that are more likely to go undetected by existing solutions.

Specialized engines to protect against new threats.
Contextual threat scoring to make faster, more accurate defensive decisions at scale.
Performance-based compensation for engines to reduce false positives.

The NCT crypto is PolySwarm’s token and is also known as Nectar.
PolySwarm is crowdsourced, and suppliers of security software and antivirus companies are rewarded through the NCT crypto.
In the last 12 months, the NCT crypto surged 3373.3 per cent, and as it seems to be bullish at the moment, the price could further go up.

How the PolySwarm Marketplace Works?

NCT coin price

The live PolySwarm price today is $0.098970 USD with a 24-hour trading volume of $14,167,581 USD.

We update our NCT to USD price in real-time. PolySwarm is up 1.27% in the last 24 hours. The current CoinMarketCap ranking is #342, with a live market cap of $153,053,511 USD. It has a circulating supply of 1,546,457,130 NCT coins and a max. supply of 1,885,913,075 NCT coins.

Where can I buy NCT PolySwarm?

If you would like to know where to buy PolySwarm, the top cryptocurrency exchanges for trading in PolySwarm stock are currently Huobi Global, HitBTC, Coinbase Exchange, BKEX, and Uniswap (V3).

You can find others listed on our crypto exchanges page.
PolySwarm (NCT) is a cybersecurity company that helps users, enterprises and corporate security teams detect and gather intelligence on new and emerging malware. PolySwarm’s crowdsources competing security software from antivirus companies and specialized security experts to expand large enterprises’ coverage and protection against cyber threats. Suppliers are economically rewarded based on accuracy, with PolySwarm’s token, Nectar (NCT), facilitated on the Ethereum blockchain.

About PolySwarm

Rank #344

PolySwarm’s price today is 0.09861 USD, with a 24-hour trading volume of 14.16 M USD. NCT is up 0.95% in the last 24 hours.

It is currently -43.14% from its 7-day all-time high of 0.1734 USD, and 406.23% from its 7-day all-time low of 0.01948 USD. NCT has a circulating supply of 1.55 B NCT and a max supply of 1.89 B NCT.

PolySwarm (NCT) is a cybersecurity company that helps users, enterprises and corporate security teams detect and gather intelligence on new and emerging malware.

PolySwarm’s crowdsources competing security software from antivirus companies and specialized security experts to expand large enterprises’ coverage and protection against cyber threats. Suppliers are economically rewarded based on accuracy, with PolySwarm’s token, Nectar (NCT), facilitated on the Ethereum blockchain. Learn about PolySwarm at (polyswarm.io) and see the PolySwarm marketplace in action [here](https://polyswarm.network/).

The PolySwarm price page is part of Crypto.com Price Index that features price history, price ticker, market cap and live charts for the top cryptocurrencies.

Specialized Engines To Protect Against The Latest Threats

PolySwarm is powered by a network of threat detection engines.

It combines wide coverage from commercial engines, with the ability to detect threats earlier from specialized solutions.

Specialized engines are niche and research-driven, often authored by independent, well known researchers and security teams, developing cutting-edge threat detection methods.

PolySwarm brings them together to cover the existing protection gaps and better protect enterprises against new threats.

PolySwarm’s Bounty Life Cycle

PolySwarm is the world’s first decentralized threat intelligence market. PolySwarm is made possible by blockchain-based smart contracts that enable new forms of market design. Read more about why we’re building PolySwarm, or take a deep dive into the full details in our white paper. PolySwarm is fortunate to be advised by world-renowned information security experts.

Here we provide an overview of PolySwarm’s market participants and their interactions in PolySwarm’s Bounty life cycle. PolySwarm will also provide a Raiden-style Offer Channel option for low latency, high-throughput sidechain exchanges among familiar participants

PolySwarm’s Participants

Enterprises (or End Users) are people or organizations with suspect artifacts (files, network traffic, URLs) that the PolySwarm ecosystem can help triage.

Enterprises produce suspect artifacts and consume distilled threat intelligence from the market. Most Enterprises will choose to interact with the market via Ambassadors.

Why Is PolySwarm Using a Token and How Does it Work?

Token terminology is thrown around a lot in the blockchain and ICO world and it can be confusing to know the difference between them. While the differentiations are blurry and not yet concrete, one thing we’re sure of is the idea of using a utility token within the PolySwarm ecosystem, Nectar. You may be wondering: what does that even mean? Here’s what you need to know about our token, Nectar, and how it works within the PolySwarm ecosystem.

Nectar: Token-Enabled Market Isolation

At PolySwarm, we chose to create our own utility token, called Nectar, which will be used to power transactions within the PolySwarm ecosystem. As explained in our FAQ: Nectar serves to isolate PolySwarm from external market forces including the value of Ether (ETH) and the performance of applications that transact in Ether.

Here’s what we mean:

If PolySwarm participants transacted directly in Ether (ETH), Ambassadors would be incentivized to buffer a number of Enterprises’ artifacts until the value of ETH diminishes sufficiently, minimizing the Ambassador’s Bounty placement cost and in turn maximizing profit.

This selfish behavior might be good for the Ambassador in the short term, but would trigger a tragedy of commons condition in the long term, potentially causing gridlocks via delayed Bounties (or even delayed Assertions placed on Bounties).

When considering the ground truth feedback mechanism, we expect PolySwarm bounties to operate on day or week timescales: orders of magnitude longer than minute fluctuations in ETH value.

Conversely, in a Nectar-based PolySwarm, we are able to peg the price of Bounty placement (in terms of NCT required) independently of ETH value fluctuations, unlocking stability strategies and diminishing return on micro timing choices that would otherwise amount to perverse incentive.

Polyswarm review ($NCT)

Polyswarm ICO overview ($NCT) for your busy life: a few points helping you get a feeling for the project and its potential.

Goal

a two sided marketplace that completely re-works the economics of cyber security

Description

a decentralized marketplace where security experts build anti-malware engines that compete to protect you.
bring enterprises, consumers, vendors and geographically-diverse security experts together in one place for more comprehensive threat detection
PolySwarm unlocks potential in dormant information security expertise by creating rewards for crowdsourced and collaborative malware detection.
PolySwarm will lower the barier to entry, provide broader coverage options, discourage duplicative effort and ensure interoperability among products and threat intelligence feeds
We expect existing Antivirus and threat intelligence firms to participate in the PolySwarm market as early Ambassadors

How do I get NCT tokens?

Where Can You Buy Name Change Token (NCT)? There are a few places where you can lay your hands on some NCT tokens. Top on the list is Uniswap (V2) and 1inch Exchange, followed by Bilaxy and 0x Protocol. Uniswap has the highest activity and offers NCT token pairs against Wrapped Ethereum (WETH).

What is name changing token?

The Name Changing Token (NCT) is the native token of the Hashmasks artwork. The NCT serves only one single purpose: It allows its holder to give their Hashmask a unique name that is permanently stored and publicly visible on the Ethereum Blockchain.

What exactly is Ethereum?

Ethereum is a blockchain-based platform that is best known for its cryptocurrency, ETH. The blockchain technology that powers Ethereum enables secure digital ledgers to be publicly created and maintained. Bitcoin and Ethereum have many similarities but different long-term visions and limitations.