Connect with us


PolySwarm – touted to be an elixir of security in the Cryptocurrency market

Santhosh M



Source: Polyswarm

PolySwarm is the first decentralized threat intelligence marketplace in the world. Their utility token is called Nectar, and this will power the PolySwarm ecosystem. They started their ICO on Feb. 20, allowing participants to purchase Nectar until March 22, 2018.

Polyswarm ICO stages

Polyswarm ICO stages

PolySwarm is offering bonuses throughout the public sale and their roadmap clearly outlines the steps they’ll take when they’ve reached their goal of raising $50Million dollars. The roadmap starts with engineering the technology, doing research, undergoing the ground process of business development, educating the people about the presence of the company and formulating the legal services for each threat detected and solved.

PolySwarm concentrates on a global issue which is at the tip of the iceberg right now and will double up in the year 2021, Cyber Security. One anti-virus software can give protection against one kind of threat, wherein currently there are lots of threats from every angle of our work life known as ‘Wanna Cry Infections.’

The presence of these infections goes unnoticed to an extent where the loss has been estimated to 8.5 billion. These infections are present in all industries, from healthcare to finance and business, putting real lives at risk. The shortage of IT experts also has added to the cause which results in 70% of threats going unnoticed.

The software present these days lack interoperability and this is the problem solved by PolySwarm. With the help of blockchain technology, security experts create their own micro-engines to identify malware. When they submit correct assertions or guesses, they’re rewarded with Nectar. The reward is facilitated with smart contracts on the Ethereum network

Therefore, the companies and enterprise thrive from the security provided by the crowdsourced swarm of experts. The result is that security is broader and more accurate and is being provided at lower cost. Thus, the whole process of PolySwarm shall be interpreted from their tagline “Threats come from every angle, your protection should too”.

Subscribe to AMBCrypto’s Newsletter

Follow us on Telegram | Twitter | Facebook

Santhosh is a full-time reporter at AMBCrypto. He is an engineer with a major in Mathematics and Computer Science. He developed a key interest in the blockchain space and has been studying and researching about it ever since. He is currently authoring a book on Blockchain and its use cases in the Education domain. He currently does not hold any value in any cryptocurrency or its projects.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *


The FunFair Blockchain Platform Now Hosts

Guest Author



The FunFair Blockchain Platform Now Hosts
Source: FunFair Blockchain

RakeTheRake Goes Live as First White Label Partner of Leading Blockchain Provider

RakeTheRake’s has been launched on FunFair Technologies’ leading blockchain casino platform as a licensed white label. is the first external white label of FunFair, and the casino is ready to dive into the rapidly growing blockchain gambling scene. In 2019 alone, this industry sector recorded over 1 billion dollars’ worth of wagers.

Through this launch, the brand is able to reach the FunFair’s base of 65,000 FUN holders, adding more to its own sizable player base which has been developed over the years of hosting its internationally popular poker affiliate program.

As RakeTheRake’s first endeavor in both the online casino and blockchain space, CryptoCasino will showcase how easy and low-cost it is to launch a successful casino domain on the FunFair platform.

CryptoCasino will raise the standard of the blockchain gambling game by incorporating FunFair’s Guaranteed Fair technology and its ever-growing library of casino and instant win titles.

RakeTheRake’s Founder and CEO, Karim Wilkins, said:

“Becoming FunFair’s first white label with CryptoCasino gives us great satisfaction. We’re extremely confident in our brand, the platform, and the innovative affiliate technology, and we can’t wait to take CryptoCasino and its players to the moon.”

FunFair’s Co-Founder, Jez San, stated:

“CryptoCasino’s launch is a major landmark on the FunFair roadmap and we’re excited to partner with expert marketers in RakeTheRake who will drive further adoption to our gaming ecosystem.”

“We continue to update our platform to ensure it’s user-friendly for those with and without crypto knowledge and we are working on the next steps with RakeTheRake, with the CryptoCasino players being able to confirm our position as the leading blockchain gaming provider.”

The domain is live and accessible to all players within supported countries. As an opening giveaway, new players will be able to benefit from a limited time sign-up bonus of $60 worth of FUN tokens.

FunFair Technologies Description

FunFair is among the most recognized B2B blockchain-based casino platform providers in the industry. By using the advantages of blockchain, FunFair strives to change the casino industry for the better. The casinos based on their platform have lower costs, the games are accessible to a larger customer base, and players are able to engage in guaranteed fair gambling.

The 40-member team behind FunFair has over a century of combined experience in the gaming and casino sector, and two decades of knowledge in the blockchain. This enables them to provide a platform which features quality slots, tables, and unique instant win games which operate on transparency and fairness.

FunFair was established by Jez San OBE, Jeremy Longley and Oliver Hopton in 2017, with their headquarters being based in both Dublin and London.

For additional information, access Follow them on Twitter and Telegram

CryptoCasino Description

CryptoCasino is a new breed of casino which merges the benefits of blockchain with cutting edge technology to provide players with a guaranteed fair gambling environment. As CryptoCasino uses FunFair Technologies’ blockchain casino platform, its players will experience the most qualitative games in the industry with the utmost transparency.

Armchair Partners Ltd, an online gaming affiliate, manages CryptoCasino as a white label and also runs, a poker rakeback brand. The company is based in the UK and Sweden; it was first established in 2004.

For additional information, access and Follow Crypto Casino’s Twitter account here and Facebook account here.

Subscribe to AMBCrypto’s Newsletter

Continue Reading