Heroic ICO review: goals, solutions and benefits

seboroo (35)in #blockchain • 6 years ago (edited)

Heroic offers a number of effective products aimed at the decentralized cybersecurity based on the artificial intelligence. Cybersecurity is a serious issue to the worldwide community that mostly lives online. Ask yourself — how many hours per day I spend online while browsing the news, chatting with friends or working on online project? On average no less than 3 hours per day. And even if you’re not an Internet savvy user you still have noticed suspicious emails coming to your address. Phishing and spamming attacks by email have might seem so obvious a few years ago — even a child could avoid them. But cybercriminals are currently adapting and using different methods to find out the sensitive personal information of Internet users. Also many small and medium-sized business suffer the losses because of increased cybersecurity leaks and threats. According to the Ponemon 2017 State of Cybersecurity report, in 2017 small businesses on average lost about $2,235,000 due to the cybersecurity breaches. 92.4% of malware is delivered via emails. Sad statistics but still the solutions are developed. And one of the teams working on better cybersecurity solutions is Heroic.

The solutions offered by Heroic

Arc Reactor represents a decentralized database with an open threat intelligence. This database will collect, analyze, transform and spread the threat data received from the community;
R&D platform enables developers with the database of Arc Reactor for creating their own security products;
Guardian stands for a unified platform based on the cloud technology that joins the threat data received from the Arc Reactor along with AI. This combo will help to detect and prevent any cyberattacks. There is already a prototype (MVP) of Heroic Guardian;

The main user audience of the Heroic products:

Individual users — get the additional protection of cloud services and digital-based devices;
Organizations — will get an access to the third-party development of cybersecurity solutions and dApps;
Threat miners gather the data that will be collected and kept in the Arc Reactor’s database;

Check how the Heroic ecosystem works:

What is Heroic ecosystem giving to all participants and investors?

All products and solutions offered within the Heroic ecosystem are aimed at delivering such solutions for the better worldwide cybersecurity:

Open, AI-powered protection from cyber-threats. Heroic offers a premium access for those individuals and businesses which intend to protect their online assets and information with decentralized products;
The Heroic platform also offers the treat compensation system — you may get HRO tokens simply by surfing the web, downloading files and using devices with an Internet connection. All your online activity will be protected or compensated
User information can be protected, the privacy won’t be at risk anymore;

Heroic: ICO and token details

According to the project’s whitepaper and website, the team issued the fixed amount of 1,000,000,000 Heroic tokens (HRO). The pre-ICO turned out to be very successful. It lasted during August 2018. Till October 15th, 2018, the team has ICO with the hard cap of $ 51 mln. The soft cap of the project is $ 2,5 mln.

The token is based on the Ethereum blockchain with the ERC20 protocol. HRO tokens are multi-transactional for trading between all participants of the platform. Later HRO coins will be listed on the exchange services.

Thanks to the HRO token economy, the Heroic platform will eventually have its own robust market. Currently, HRO coins can be bought with BTC, ETH and fiat currency. The current HRO price is 0.1125 USD. ICO participants may receive bonuses. The minimum personal investment is 1,000 USD.

The tokens are supported by the Heroic Guardian MVP (prototype).

How HRO tokens are distributed:

50% of the total amount for 2 phases of tokensale and bonuses for investors;
25% for developing the ecosystem’s incentives;
25% for the Heroic growth fund;

The raised during ICO funds will be allocated in such way

42% for the development;
22% for operations;
18% for marketing;
10% for the team;
5% for partners;
3% for the legal support;

The Heroic team

The Heroic team and main office is located on the Cayman Islands. The profiles of the core team are posted on the official website. The team members are socially active, encourage everyone to the check their LinkedIn pages. The CEO and Chief Architect is Chad Bennet who has the experience of 15+ years of working at organizations related to cybersecurity (Brigham Young University, Lancera).

The roadmap of Heroic Ecosystem:

Q4 2018 – after the end of ICO the Heroic team is going to list their HRO tokens at the most popular exchange services; launch the referral program; implement smart contracts; release of the Heroic Guardian alpha for early adopters;
Q2 2019 — the Guardian product will be released; it will provide the credential, identity protection and cybersecurity education. Basic R&D platform will launch along with the Partner Program;
Q4 2019 — the Heroic team will release the beta versions of their major products; Proof-of-Threat protocol (in alpha version); will undergo a few important system trials and security tests. Will add the additional language support;

The Heroic team already partnered with Google, Issimo, IBM, Identity Mind Global, Corporate Alliance, Black Hat Security, Forbes, etc.

Why should you pay attention to the Heroic project:

The Heroic team is very experienced in cybersecurity, dedicated and is eager to communicate via the social media;
ICO seems very legit with a smart fund allocation and adequate goals;
There is a working prototype (MVP) — anyone can test how the Data Breach Scan works on the official website;
HRO token will be listed on exchange services, can be traded and exchanged to ETH and BTC;
Heroic takes part in various crypto-events, blockchain forums and concludes significant partnerships;

It’s up to you whether to take part or not in ICO of the Heroic project. The problem of cybersecurity really exists and the Heroic products can actually prevent or eliminate most risks for individuals and businesses. Their AI-based, open-source solutions are developing faster than any malware — that is the major advantage of the entire Heroic ecosystem.

Something similar is also developed by the ButFence team but the Heroic platform has a significant advantage — Research and Development department for the further development and updates of already existing solutions. The Heroic team is now far ahead of their closest competitors.