[ICO Review] Cloudbric (CLB)
Disclaimer: This is not in any way professional advice, and is solely based on the author’s own opinion. This is not in any way an advice to invest, or not invest in the network.
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 AI-based cybersecurity platform will be powered by Cloudbric’s patented deep learning module known as VISION and will provide an all-inclusive suite of cybersecurity solutions, as well as the development of a new decentralized security ecosystem.
Furthermore, users will be able to train the very technology that helps protect their online digital assets by contributing anonymous cyber threat logs to advance the accuracy and learning capabilities of Cloudbric’s deep learning module. For their continued security contributions, users will be rewarded through the free distribution of Cloudbric cryptocurrency (CLB) tokens directly to their user account.
CLB can then be redeemed to activate Cloudbric’s suite of security services. A minimum balance of CLB tokens must be deposited or accumulated within each user account wallet in order to utilize all security services. Additionally, users may utilize CLB to gain access to exclusive offers from Cloudbric’s extensive global partnership network known as the Secure Web Alliance.
Cloudbric’s Background
Cloudbric started as an in-house venture of Penta Security Systems, Inc., South Korea’s no. 1 enterprise web and data security vendor, and currently protects over 10,000 members and organizations, 50+ global partners, and features over 25 data centers around the world.
ICO
The ICO for CLB has ended successfully.
- ICO: 22 OCT — 10 NOV 2018
- Token Price: 1 ETH = 12,500 CLB (ICO Price)
- Accepted Payment Method: ETH
- Token Standard: ETH
- Hard Cap: 10,000 ETH
- Soft Cap: 5,000 ETH
- Available for sale: 440,000,000
- Total supply: 1,000,000,000
- Country: Singapore
Cloudbric even held their very own airdrop and bounty program where 10 Million to 20 Million CLB tokens (1–2% of the maximum CLB token supply of 1 billion) was given to investors.
The contribution channels for this program are Telegram, Medium, Steemit, YouTube, Twitter, Reddit, Bitcointalk, Personal/Other Blogs.
Media and Investors’ Response
For the past few months Cloudbric has gain attention from several media outlets such as IT Web, Coin Gape, Coin Journal, TechBullion, and many more. Even the comments on the articles were rather positive.
And since Cloudbric initiated the airdrop and bounty program, they have gained over 10k members on their English telegram community.
Overall, with the company’s background in cyber security and their influence in the Korean as well as the international market, this project does seem pretty impressive and promising. Since their ICO has ended not too long ago, we can only wait for more updates on what they have in stored for their investors.
Exchanges
Cloudbric is currently available in two exchanges.
Dcoin: https://www.dcoin.com/currencyTrading/CLB_ETH
Bitforex: https://www.bitforex.com/trade/spotTrading?commodityCode=CLB¤cyCode=ETH
To find out more, head over to their official website.
J.D.
