To date this year, ICOs have raised over $1.3 billion, compared with $295 million from 2014 through 2016.
Websites like CoinSchedule list upcoming and active ICOs, giving potential investors an overview of the large variety of investment opportunities. But it can be difficult to choose which ICO(s) to participate in. How can investors determine which company to trust? The ICO industry is has had recurring issues with fraud, and even the SEC has recently become involved.
With so many options, investors often have to choose between good and great. There are the bad ICOs, to be sure, but many are unique platforms for tremendous capabilities. So how do investors make such a difficult choice?
First, they need to examine the blockchain platform’s traditional peer(s). If a company is looking to enter a field where blockchain technology will have minimal impact, said company should be avoided.
Second, investors need to consider the platform’s feasibility. Hovering cars, time travel, and robot house maids are all really neat concepts. But the reason these don’t exist (yet) is because it’s just not possible at this point in time. A successful ICO will launch a product that is practical.
Third and finally, the blockchain platform will be accessible. Blockchain technology gets a bad rep for being elitist, so to succeed it needs to gain widespread traction. A successful blockchain platform will be able to reach the masses.
Of all the upcoming November ICOs, one company, Gladius, stands out from its peers. It is situated in a context where its platform is desperately needed. The platform is also extremely practical, solving real world issues that millions encounter. And finally, it is extremely accessible, adapting to blockchain enthusiasts and everyday users alike.
The Need for Gladius’ Blockchain Platform
What exactly is Gladius? Simply put, it is a decentralized blockchain platform that allows users to rent out their bandwidth to others to prevent lethal DDoS attacks and a content delivery networks (CDNs) to boost websites speed.
DDoS attacks are on the upswing, leaving many staggering from their effects. These attacks, whereby a compromised network floods its target with illegitimate requests, are meant to completely crash a system. This results in both financial and PR damages, costing companies millions.
Traditional DDoS protection solutions protect targets by diverting the requests to a centralized server. This server takes the full brunt of an attack, leaving the target standing strong. The problem is that centralized servers can be overwhelmed too, not to mention extremely costly. As the attacks grow in sophistication, traditional DDoS defense plans must spend more money on bandwidth and processing power, resulting in higher costs for customers.
Gladius’ platform differentiates itself because it can offer better protection at a lower cost. By using network pools of users, a group of participants can fight an attack with collective strength. This not only means more potential power–it also results in a hard task for a DDoS attack, which must now take down all affiliated servers instead of one.
Because there is no centralized server, costs are lower, and there is no fault tolerant system (meaning, a collective and distributed infrastructure will provide better protection). Users don’t need to pay companies for the real estate and overhead costs associated with building more powerful servers. With Gladius, users rent out existing bandwidth, so costs are kept to a minimum.
The marketplace allows users to select protection plans that work best for them. Because they are local pools, latency is low, allowing content to be distributed quickly and effectively. As the number of platform users grows, so does the flexibility of the plans offered.
How Gladius will Transform an Existing Industry
Gladius recognizes the strengths and the weaknesses of current DDoS protection and CDN systems and have created a platform that keeps the strengths and eliminates the weaknesses.
The premise behind the plan is simple–use decentralization to create cheaper, more effective DDoS protection plans and CDNs. This is what will make Gladius successful–it is a simple but brilliant solution to a huge problem.
Why Everyone Can Use Gladius’ Platform
Not a hardcore cryptocurrency miner? Not a problem.
Gladius’ platform keeps the comforts and usability of traditional protection platforms, giving users a friendly experience. The interface is both powerful and accessible and enables anyone to speed up and secure their website.
People could download the Gladius desktop client and start earning GLA immediately by donating some of their underutilized bandwidth.
The Gladius’ Desktop client will give participants an overview of their coins, their pool status, and their ping count so they don’t have to work hard to find out how their operations are running. Their web portal allows them to monitor attacks and bandwidth in real time, also providing insights into web traffic.
The network pool marketplace is also very easy to use, allowing users to filter pools by location, price, and availability. The blockchain platform also promotes pricing transparency, ensuring that every plan is fairly priced.
Gladius’ Private presale ICO is live now, and the public presale launches on November 24, 2017 and will be open to all investors. The sale will run for an estimated four weeks, depending on how the funding goals are met. The proceeds will be used to launch the platform, which Gladius expects to take place just a few months after the sale ends.
More information in: https://gladius.io/
White Paper: https://gladius.io/pdf/gladius-whitepaper.pdf
Bitcoin Talk: https://bitcointalk.org/index.php?topic=2217711
The publisher of bitcoiner.today is not responsible for the opinions or recommendations expressed by its publishers. Investments in ICOs are high-risk investments, you may lose all or part of your investment. Consult with an investment specialist before you act.