What is MyShield ?
MyShield is an innovative decentralized anti-scam platform.
MyShield will alert users whenever they reach a fraudulent website, an online counterfeit sale, and other types of online scams.
based on two sources of intelligence – reports on potential scam by users of MyShield shared with the community, and providers of AI Powered Cyber -Intelligence. MyShield is aiming to bring trust to the e-commerce and online market.
WHAT IS MYSHIELD TOKEN ?
MyShield token is a digital currency that will be used on the MyShield platform. There are a billion MyShield tokens available and there will be no inflations or additional creations of MyShield tokens.
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 :
REPORTS
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.
GUARANTEE PROGRAMS
On top of the basic guarantee provided in a Premium subscription, users can purchase guarantee programs for transactions.
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
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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%
Ecosystems are based on decentralized trust votes, trust consensus, technology-based trust analysis, and guarantees based on them. This is the pillar of value MyShield brings to the community - trust in online transactions.
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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.
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.
MYSHIELD & TOKEN MARKETING COMPANY MSLD
MyShield is an innovative Anti-Scam Platform. MyShield is built on the technology, knowledge, and experience of BrandShield.
BrandShield was founded in 2013 and developed a powerful and innovative cyber intelligence system for online brand protection, anti-counterfeiting and anti-fraud.
Enterprise systems monitor the Internet to find fraud of various types including fraud, forgery, trademark infringement, and other malicious activity. on websites, eCommerce markets (eg Amazon, eBay), social media platforms, mobile apps, and PPC ads.
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For more information about MyShield You can Find here
Website : https://www.myshield.com/
ANN Bitcointalk : https://bitcointalk.org/index.php?topic=3179901
Facebook : https://web.facebook.com/MyShieldTM
Twitter : https://twitter.com/MyShield_TM
Telegram : https://telegram.me/MyShield_TM
AUTHOR :archiever654