Introducing Interlock, revolutionary blockchain-based security solutions for individuals and enterprises, forging a safer internet. Our AI-driven security product, ThreatSlayer, defends against browser attacks while rewarding users with $ILOCK for sharing security data. We monetize the shared security data in the $11 billion yearly B2B threat intel market, creating a first-of-its-kind crowdsourced threat intelligence, along with a suite of enterprise security products.
Token Utility:
The $ILOCK token serves as a reward for sharing security data, covers product gas fees, and supports enterprise buybacks. Community nodes stake $ILOCK tokens to decentralize the network and absorb transaction costs
Website: https://www.interlock.network/
Team evaluation: 8
Project rating: 8
Total supply (Max supply): 1,000,000,000
Project risk percentage: 20% - 30%
(TGE) The market launch date: TBA
Positive Notes:
- Advanced Security: Interlock provides robust security solutions through its AI-driven browser extension, ThreatSlayer, protecting users from dangerous websites, scams, and wallet threats.
- Crowdsourced Threat Intelligence: Users are rewarded with $ILOCK tokens for sharing security data, creating a unique crowdsourced threat intelligence platform.
- Ease of Installation: ThreatSlayer installs with just one click, making it user-friendly and accessible to a wide audience.
- Real-Time Threat Detection: The AI-powered system swiftly identifies harmful websites, enhancing online safety.
- Monetization of Shared Data: Interlock monetizes the security data shared by users in the $11 billion B2B threat intel market.
- Strong Community: With over 79,000 community members across various platforms, Interlock fosters collaboration and engagement.
- Strategic Partnerships: Collaborations with DAOmaker, ChainGPT, and Decubate position Interlock for a successful launch.
- Diverse Leadership: The fully-doxed team includes Y-combinator grads, security experts, and seasoned growth marketers.
- Innovative Token Model: The $ILOCK token serves multiple purposes, including rewards, gas fees, and enterprise buybacks.
- Revolutionizing Web3 Security: Interlock aims to change the security paradigm using blockchain technology
Negative Notes:
- Data Privacy Concerns: Sharing anonymized security data may raise privacy concerns for some users
Personal Opinion on the Project:
Interlock offers innovative blockchain-based security solutions through its ThreatSlayer browser extension, incentivizing users with $ILOCK tokens for sharing security data. With real-time threat detection and a monetization strategy tapping into the B2B market, it shows promise in revolutionizing internet security. However, concerns about data privacy remain. Overall, Interlock’s approach to web3 security and versatile token utility make it a promising venture with potential to reshape cybersecurity.
Athena DexFi Deal:
1M Cliff, 12M Vesting
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