Cloudbric (CLB) ICO Begins

in #cloudbric7 years ago

To correctly evaluate a project you need to know the answers for a few questions like, what problems this project will solve ? , how could the project solves these problems ? , the effectiveness of these solutions ? , how much is the token value ? and what is the total amount of tokens the will be issued ? , etc.
In order to answer all these questions we need to study the whitepaper of the project .
Ok let’s start studying the project .
Issues Facing End Users
The information security market as a whole is in need of a major paradigm shift with an emphasis on efficiency,
transparency, and trust. This is due to a variety of issues that users face within the cybersecurity market.
Oversaturation of Security Solutions
The need to secure data across numerous online channels has led to the oversaturation of solutions made available
to users. Currently, there are more than 1,600 solutions offered in the cybersecurity market worldwide, which
makes the selection process for each security solution overly complicated. Users are usually left to their own
devices to properly test, judge, and select from a sea of providers that offer similar solutions. Also, the
management of these diverse solutions can be quite burdensome as users are forced to adapt to drastically
different security platforms, software, settings configurations, pricing, etc.
Centralized Threat Intelligence Data
Another issue present in the information security market is the lack of transparency over threat intelligence data.
By providing servicing to end users, cybersecurity vendors are able to collect vast amounts of emerging cyber
threat information, such as attack patterns and behaviors, malicious IP addresses, identification of malware
infected files, etc. However, threat intelligence data compiled through security servicing is not made accessible for
public use
Lastly, the current organization of the cybersecurity market makes it very difficult to discern the effectiveness of
various vendor made solutions. As mentioned above, the market is highly saturated with an excess of information
security vendors and solutions. The only way for users to properly distinguish vendor performance is through direct
testing of these solutions. However, this can be an extremely resource intensive and costly ordeal.
Proposed Solution
Cloudbric’s primary mission is to revolutionize the cybersecurity market by making information security open and
accessible to all users through the introduction of a new Decentralized Universal Security Platform. This free
universal security platform will provide an all-inclusive suite of cybersecurity solutions, as well as the
decentralization of all user generated threat information to the blockchain.
Security Efficiency
Cloudbric will consolidate multiple security solutions into one unified platform to provide easy to manage and free
user protection for personal use. Solutions to be offered within the platform will include enterprise level website
security, mobile/PC device security, cryptocurrency asset protection, malware scanning, e-mail protection, URL
access security, and more.
Data Transparency
All cyber attack information (i.e. attack pattern recognition, malicious IP detection, spam URL listings, etc.)
detected and filtered by the Cloudbric deep learning system will be recorded to the blockchain and made accessible
through interactive security research tools found in Cloudbric Labs (https://labs.cloudbric.com/).
User Trust
Cloudbric will look to expand on its security capabilities by developing new user focused technologies and solutions
to help empower the security community and usher in the next evolution of cybersecurity. With over 20 years of
proven cybersecurity expertise, Cloudbric brings a wealth of knowledge and first-hand security service experience
to the ICO market.
Establishment of Cloudbric Corporation
Within two years of operations, Cloudbric experienced considerable growth through sales and user acquisitions.
Some notable accomplishments include: opening 28 international POPs or service regions, increasing user base to
over 8,000+ members, and establishing over 50 global partnerships with infrastructure, web hosting, and value
added resellers.
Cloudbric Decentralized Application (DApp)
One of the early milestones of the Cloudbric Reverse ICO will be to develop a new security based Decentralized
Application (DApp) on top of a preexisting blockchain infrastructure. The creation of the new Cloudbric DApp will
allow the team to transition its existing security operations into a full-fledged blockchain enabled security service.
Moreover, DApp technology and architecture will enable Cloudbric to utilize the vast resources of blockchain
technologies, such as EOS, STEEM, QTUM, Ethereum, etc. An official blockchain announcement and DApp
development efforts will finalized by mid FY 2018.
Token details
For a more detailed breakdown of CLB token allocation, please refer below:
•Cloudbric will create approximately 1,000,000,000 CLB (1 billion CLB) for maximum supply
•54% or 540,000,000 CLB (540 million CLB) will be allocated for Token Sales events
•25% or 250,000,000 CLB (250 million CLB) will be allocated for the Cloudbric Security Rewards Program,
as well as additional internal service management or operational costs
•16% or 160,000,000 CLB (160 million CLB) will be allocated for the core Cloudbric team and advisors
•5% or 50,000,000 CLB (50 million CLB) will be allocated for potential short and long term marketing
efforts to help promote CLB tokens
Token Utilization
Although Cloudbric universal security servicing will be available for free for personal use, enterprise clients will be
subject to paid security plans. However, Cloudbric will offer incentives for enterprise users to utilize their CLB
tokens for monthly purchases. Enterprise clients that purchase monthly service plans using CLB tokens will
automatically receive a 50% discount on the Cloudbric list price. For those that do not wish to purchase using
CLB, they may still choose to proceed with standard payments with a valid credit card or PayPal account.

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