PolySwarm Launches Token Rewards For Internet Browsing

The NectarNet browser plug-in rewards browsing with PolySwarm’s Nectar (NCT) Token

PolySwarm, a cybersecurity provider using blockchain technology to crowdsource threat intelligence for enterprise customers such as Microsoft, Verizon, and eBay, announced the launch of a first-of-its-kind malware intelligence-collection browser plug-in. The plug-in rewards individuals for the data they provide by simply browsing the Internet. The new offering invites individuals to install the “NectarNet” browser plug-in to begin earning PolySwarm’s Nectar (NCT) token. NectarNet securely shares data with PolySwarm, creating a collective defense across the globe to combat malware.

“At PolySwarm, we believe it’s time to reward individuals for the data they generate from simply browsing the Internet,” said Steve Bassi, PolySwarm CEO. “Through the launch of our new NectarNet browser plug-in, we’re accomplishing that goal and strengthening Internet security by providing tangible monetary value in the form of NCT tokens to everyday Internet users and real-time threat intelligence to our enterprise customers.”

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The marketplace is powered by PolySwarm’s token, Nectar (NCT), which operates on the Ethereum blockchain. The NCT token is available in the U.S. and listed on Coinbase. The browser plug-in deposits NCT tokens into the user’s NectarNet wallet as they browse the Internet, passively sending URL and domain data into the PolySwarm threat marketplace to be scanned by engines from leading cybersecurity providers like CrowdStrike and SentinelOne. The amount of NCT rewards are based on the daily $NCT pool inside the marketplace and the relevance of the data that is provided by the user.

“As a NectarNet beta tester we added the NectarNet extension around a month ago, we’ve had a really great experience with PolySwarm. We get NCT token rewards every day that our users work with their computers, and it requires no maintenance once set up,” said NectarNet beta user and fintech general manager Andrew Nifield. “PolySwarm has achieved an incredible milestone in unifying a historically fragmented threat intelligence industry, thereby democratizing cybersecurity by directly rewarding users for their data.”

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