HEROIC - ICO Review

HEROIC: Next-Gen Cyber Threat Prevention

HEROIC is another project that has taken up the task of combining the blockchain technology with artificial intelligence to create a solution for protection against numerous cyber threats. However, HEROIC tries to distinguish themselves from competitors in the same field by promising to deliver a high-end tech product that would be distributed at a rate that is affordable to the general population, not only to the resource-rich corporations. In addition, the symbiosis of two progressive technologies should eliminate the problems, inherent to the contemporary anti-cyber attack protection methods.

HEROIC Arc and other platform features

HEROIC envisage their solution as a decentralized peer-to-peer threat prevention network, built on the foundation of the Ethereum platform. The HEROIC ecosystem will run on three protocols: Threat Mining, Cyberlitics, and the Proof-of-Threat. The expected scope of application amounts to a massive number of use cases. By incorporating the blockchain technology, the team wants to provide an unparalleled cost-efficiency of their product, thanks to the elimination of intermediaries who often jack up the prices of their cyber protection solutions to collect better profits from huge corporations that handle billions of dollars.

But the accessibility of HEROIC would also be accompanied by the superior quality of their platform, as it’s supposed to shield the users not only from the existing cyber threat, but also from the so-called next-generation ones. The platform itself will bear the name HEROIC Arc Reactor that will operate on the principle of intelligence exchange between all actors. It will combine an open repository and a cutting-edge marketplace for data related to the detected, as well as the predicted, cyber threats and attack strategies. 

The second component would be HEROIC Garden, a state-of-the-art consolidated system for managing cyber menaces. Basically, it is a cloud-based think tank where software developers and the corresponding companies can work conjointly on the development of improved solutions, being rewarded for their efforts with the platform’s native token HRO that is currently purchasable at the pre-sale event.

There would also be the Research & Development facility where the developers and company representatives can co-work in real-time on the ways to reinforce the bulwark that protects against modern threats and create means for preventing the emerging ones.

Apart from general users and developers, the HEROIC ecosystem would also feature Threat Miners, the participants who mine HRO by lending their computational resources and sharing an anonymized historical threat data.

The HEROIC team

• Chad Bennet. The founder and CEO. A seasoned IT security engineer who laid the bedrock of what is now HEROIC Cybersecurity in November 2015. Before that, Chad was involved with several investment firms and IT companies, for instance, Lancera and Vested Group.
• Joseph Hall. CISO. An expert security engineer who had previously worked at Dell, American Express, Sophos.

ICO details

As already mentioned, HEROIC is carrying out the preliminary sale of HRO tokens, aiming to reach the hardcap of $15 million. The current price of one HRO token is $0.1125, but early investors can expect to get more tokens via the available bonus program. There is a minimum investment threshold that stands at $1000. HRO tokens can be purchased with BTC or ETH. HEROIC chose not to restrict any investors from buying their tokens.

Author: Alex Paulson for Crypto-Rating.com

• Security threats and attacks are increasing at exponential rates year over year
• Current cybersecurity solutions are outdated and ineffective against attacks
• Threat data continues to be controlled by large entities and governments
• The cybersec industry is facing a shortage of 3+ million personnel by the year 2021