UPDATE: PolySwarm raised $25.94M in their ICO!! TBA on listing info.
PolySwarm is the first decentralized marketplace where security experts build anti-malware engines that compete to protect you. Think Bitcoin, but instead of mining, a global community of anti-malware experts converge and work together to best detect today’s threats.
In doing so, PolySwarm incentivizes rapid innovation in the $8.5B/yr cyber threat intelligence space with precise economic instruments that reward a global community of security experts for timely and accurate malware identification.
Today’s anti -virus and cyber security market is dominated by single-vendor offerings which often miss emerging threats. PolySwarm brings enterprises, consumers, vendors and geographically-diverse security experts together into a single marketplace for more complete threat detection. Experts craft and maintain competing software “micro-engines” that quickly identify 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.