MYSHIELD - Decentralized Anti-Scam Platform
MyShield is a decentralized platform that warns users when they reach fake websites, counterfeit sales and many other online scams. The platform is supported by two pillars: AI POWERED CYBER INTELLIGENCE provider and potential fraud report from the MyShield community. MyShield users are given incentives by the crypto currency model to earn prizes in Shield tokens, a sign of trust. The MyShield platform synergizes stakeholders under one ecosystem, providing confidence for everyone.
Ecosystems
The MyShield Platform will bring different stakeholders together into one ecosystem - these stakeholders include users, companies, AI-powered virtual intelligence providers, warranty providers and law enforcement service providers. The MyShield Platform will leverage BrandShield's powerful technology, to monitor the Internet and analyze the potential risks of different online threats. BrandShield technology is currently used by top global brands to protect them from online fraud. BrandShield will be the first, potentially numerous, provider of AI Powered Cyber Intelligence.
Token Economy
MyShield ™ users are incentivized by the crypto currency model to get prizes in MyShield tokens, a trust sign.
The MyShield ™ platform synergizes stakeholders under one ecosystem, giving everyone confidence.
PROBLEM
Driven by e-commerce growth, as well as hacker sophistication, the sale of counterfeit and pirated goods is expected to reach up to $ 2.81 trillion by 2022 each year. In the cryptocurrency industry fraud poses a bigger challenge.
According to Ernst & Young's research from January 2018: 10 percent of the funds collected at ICO have been stolen. Hackers steal up to US $ 1.5 million in ICO results per month. The magnitude of this problem poses a risk to the growth of the entire cryptocurrency industry.
SOLUTION
MyShield's anti-scam decentralization platform, will allow users to conduct daily online transactions with confidence.
MyShield will provide solutions to users who will warn them about online fraud. Decentralized platforms will be based on two data sources stored in blockchain - reports of potential user-generated fraud, and AI-supported cyber intelligence providers.
MyShield platform includes:
- MyShield app
- Blockchain MyShield
- AI Intelligence AI provider is supported
- Enforcement service provider
- Warranty provider
- The gift of MyShield
- MyShield Trust Stamp
MyShield Ecosystem of Confidence
TOKEN SALE
WHAT IS A MYSHIELD TOKEN?
A MyShield token is a digital currency that will be used on the MyShield platform. There are 1 billion MyShield tokens available and there will be no inflations or additional creations of MyShield tokens.
WHAT IS THE MYSHIELD TOKEN MODEL?
The MyShield Token Model is composed of various parts, all merging together to bring a powerful and disruptive tool against online scams.
The token can be used in several ways:
Report :Users interested to report scams and be rewarded from the bounty will be required to deposit tokens. If they are found right, the tokens will be returned in addition to their share of the bounty.
Premium Subscription: a basic level of guarantee and ability to gain bounties when correctly discovering online scams.
Bounties :Intended to incentivize user to report scam, bounties will be created by MyShield, by companies and by users.
Guarantee Programs :On top of the basic guarantee provided in a Premium subscription, users can purchase guarantee programs for transactions.
MyShield Trust Seal and MyShield Trusted Wallet Seal : Companies can purchase this with MyShield tokens, 50% of tokens are paid to the validation officers of the seal.
MyShield will be issuing a finite amount of 1 billion MyShield tokens. There will be no inflations or additional issuances of MyShield tokens.
THE TOKENS WILL BE DISTRIBUTED AS FOLLOWS:
- No. of tokens %
- Token offered for the public: 400,000,000 | 40%
- Fund for future operations: 300,000,000 | 30%
- Founders, team and shareholders: 200,000,000 | 20%
- Guarantee fund: 50,000,000 | 5%
- Reporting bounty: 45,000,000 | 4.5%
- Campaign bounty: 5,000,000 | 0.5%
- Total: 1,000,000,000 | 100%
MYSHIELD USE OF RAISED FUNDS
Subject | % from net funds raised
User acquisition and marketing promotions | 30%
R&D | 30%
G&A | 25%
Sales | 15%
Roadmap
Description Time
- Q1 2013: BrandShield Foundation
- Q2 2013: BrandShield SaaS beta launched
- Q4 2015: BrandShield launches Marketplaces Module
- Q2 2017: BrandShield launches Social Media Module
- Q3 2017: MyShield concept developed
- Q4 2017: BrandShield anti-phishing offering for crypto launched
- Q1 2018: MyShield Token Pre-sale launch
- Q3 2018: TGE End Q2 – Beginning
- Q1 2019: Launch of user application – beta version
- Q3 2019: Additional implementation - chrome extension
- Q4 2019: SDK to wallets
- 2020: Expansion from crypto anti-scams to general ecommerce anti-scams
MEET OUR TEAM
Management Team
Yoav Keren
CEO
Yuval Zantkeren
Co-CEO and CTO
Itai Galmor
VP
David Fridman
Chief Strategy Officer
Board of advisors
Nimrod Lehavi
Simplex
Prof. Subbiah
i-DNS.net
Shalom Passy
Afterdox
For More Information:
WEBSITE :https://www.myshield.com/
WHITEPAPER :https://www.myshield.com/whitepaper/
TWITTER :https://twitter.com/MyShield_TM
TELEGRAM :https://t.me/MyShield_TM
Author: black Vario
My Profile Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1624712
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