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updated $0Market cap$19.58M
Volume 24h$992.7K
Circulating supply1.89B100% of max 1.89B
PolySwarm (NCT) is a cryptocurrency powering a decentralized marketplace where security experts compete to detect the latest cyber threats. The idea is simple: instead of relying on one antivirus vendor, you get a crowd of independent researchers, and the best detection engines earn rewards. NCT is the token used to pay for threat intelligence and to reward the experts who get it right.
Frequently asked questions
What is PolySwarm and how is it different from other crypto projects?
PolySwarm is a security-focused project that runs a marketplace for threat detection, not a general-purpose blockchain. It connects businesses that need malware analysis with thousands of security researchers competing to provide the most accurate verdicts. Unlike typical tokens, NCT has a real utility inside this ecosystem: it's how bounties are paid out and rewards are settled.
How does PolySwarm's technology work?
The platform runs on Ethereum, and NCT is an ERC-20 token with the contract address 0x9e46a38f5daabe8683e10793b06749eef7d733d1. When a suspicious file or URL is submitted, multiple security engines analyze it and stake tokens on their verdicts. Engines that give correct answers earn NCT, while inaccurate ones lose their stake, which keeps participants honest.
How is NCT supply and emission structured?
NCT has a fixed maximum supply of about 1.9 billion tokens, meaning no new tokens are minted beyond that cap. Most of the supply was allocated during the project's early distribution, and a portion is continuously released to reward security engine operators. Because the cap is fixed, long-term inflation from new issuance is not a concern.
How can I store and use NCT?
Since NCT is an ERC-20 token, any Ethereum-compatible wallet like MetaMask, Ledger, or Trust Wallet works fine. You can use it on the PolySwarm platform to purchase threat intelligence or, if you're a security researcher, earn it by running detection engines. Always verify the official contract address before transacting, and check the project site at polyswarm.io for current details.