SAN JUAN, Puerto Rico–(BUSINESS WIRE)– PolySwarm, a first-of-its-kind malware intelligence marketplace, today announced that it has moved all of its cybersecurity threat detection engines to the Mainnet. The malware intelligence provider is now trading its proprietary Nectar (NCT) tokens to unite a robust network of threat research experts like Crowdstrike and SentinelOne with enterprise customers like Microsoft and Verizon who use the platform to protect against new and emerging online threats. In exchange for quickly and accurately identifying threats, researchers in the PolySwarm network are rewarded with the NCT token, which operates on the Ethereum blockchain and is listed on Coinbase and other crypto exchanges.
The increasing impact and sophistication of cyber-attacks has left businesses struggling to identify actionable intelligence in a vast sea of data and noise – impacting their ability to prioritize, focus and scale with confidence and speed. PolySwarm’s full transition to the Mainnet marks a major step in the company’s mission to democratize cybersecurity by uniting a historically fragmented threat intelligence industry of overstretched defenders. To date, PolySwarm’s platform has enabled billions of transactions in both Testnet and Mainnet and has detected over 300 million malicious threats. Mainnet transactions will continue to scale as more providers and consumers join the market.
“With our NCT token fully operational on the Mainnet, PolySwarm has created a cohesive platform to provide comprehensive malware detection solutions for our customers while redefining the economics of cybersecurity,” said Steve Bassi, PolySwarm’s CEO. “Blockchain technology gave us the means to solve long-standing industry frustrations—namely, the siloed, fragmented landscape of threat detection. PolySwarm’s new crowdsourcing and rewards program brings that ecosystem together in one place, providing better, more actionable malware intelligence with quality and speed.”
Currently, PolySwarm’s NectarNet program distributes approximately $1,337 in NCT rewards each day to users who downloaded a Chrome extension that enables receiving such rewards just for surfing the Internet. Those who help PolySwarm identify credible threats are eligible for higher rewards.
In the coming weeks, PolySwarm will introduce Private Communities, On-Demand Sandboxing and Dynamic Fees. Private Communities will be a collection of engines that scan the private data of organizations for threats, providing better protection for those datasets. On-Demand Sandboxing will create isolated environments where malware analysts can conduct their research, and Dynamic Fees will enable automatic adjustments for transactions based on current network traffic or factors such as the load on the Ethereum blockchain and the ETH-NCT exchange rate.
For more information about PolySwarm’s platform, please visit www.polyswarm.io, or the company’s official Discord or Twitter channels.
About Polyswarm:
PolySwarm is a first-of-its-kind cybersecurity marketplace that helps organizations combat emerging threats by amplifying and delivering actionable malware intelligence with unprecedented speed and accuracy. Leveraging blockchain technology to democratize malware intelligence, the company enlists an extensive global network of expert malware researchers who receive rewards for their insights via Polyswarm’s native Nectar (NCT) token. With more comprehensive data, Polyswarm elevates and scores the most critical and timely intelligence, enabling organizations to reduce “noise” and empower them to prioritize, focus and scale their cybersecurity efforts. For more information, visit
