LevelNet - Blockchain's Antivirus
LevelNet - Blockchain's Antivirus
We all know that Blockchain's security is not like any other, exceptional security is provided that is almost impossible to hijack or infect, but we are still vulnerable that is why there still many hacking incidents especially for those who are victims of phishing sites, malwares, and many more.
LevelNet is here to address those problems. So what is it's way on solving those? Here I would talk about LevelNet, take a read and assess yourself whether this project is good or not.
So what is LevelNet?
According to the white paper, the Levelnet application “integrates virtually all existing anti-virus technologies into one simple, user-friendly application.” This networked approach means that Levelnet users share threat information from their already installed anti-virus and security systems. This process would take place in real-time across the globe and protect all users within the network including those devices without anti-virus.
The aim appears to be to create a fast, efficient and low-cost cybersecurity platform. As outlined in the white paper, Levelnet would initially be free to use. However, it would then generate revenue using a ‘free-nium’ model. Users would have the option of a free subscription or could pay between $0.99 and $9.99 annually for a premium package. The success of this revenue model would depend on the number of subscribers signed up. Corporate packages would also be offered to businesses.
ICO facts
ICO coin name: LVL
Token standard: ERC-20
Public ICO sale supply: 15,000,000 LVL
Soft cap: $1.5 million USD
Hard cap: $12 million USD
Initial token rate: 1 LVL/1 USD
The ICO is scheduled to open on 15 January 2018 and run until 15 February 2018. An ICO pre-sale took place from 25 November 2017 to 25 December 2017.
The original funding target was revised to $ 12 million USD revised during December 2017. This also meant that the total supply of LVL tokens was reduced from 70 million to 15 million with 55 million tokens burnt.
The LVL token is a utility token that would allow users to use the Levelnet services. Token holders would have access to a moneyback and buyback fund secured using a smart contract. These funds would be placed in escrow accounts until the terms of the smart contracts have been fulfilled. They would also be entitled to swap their tokens for crypto shares during the second phase of the project.
The Team
The Levelnet website lists a team with experience in software development, cybersecurity and business administration. Its advisory panel add expertise in marketing, blockchain and legal affairs.
Website and digital footprint
The Levelnet website contains information about the project and the ICO. In terms of social media, the project has accounts on Twitter, Facebook, Telegram and other platforms. At the time of writing, its Instagram account had over 10,000 followers.
Conclusion
Reliable methods of ensuring information security cannot be overstated. A collective approach may offer an efficient means of protecting cyber assets from attack. Nodes that will automatically report threats – like viruses and malware – to the network the moment they’re detected. The network immediately adjusts to the threat, and everybody benefits from better antivirus protection.
Warning : This is not an investment advice
To know more about LevelNet, you could visit these links below :
Website : https://levelnet.co/
Whitepaper : https://levelnet.co/files/LevelNet%20White%20Paper.pdf
Facebook : https://www.facebook.com/levelnetwork
Twitter : https://twitter.com/levelnetwork?lang=en
Instagram : https://www.instagram.com/levelnetwork/
Medium : https://medium.com/@LevelNetwork
Reddit : https://www.reddit.com/user/LevelNetwork/
Youtube : https://www.youtube.com/channel/UCB6xtJLAFD-ovTTyr9JhjDw
Telegram: https://t.me/joinchat/GHTE40NTXjl5p3H27VceBw
CREATOR
aervin11