as developers of Gladius explain DDOs attacks are a powerful and simple way to disrupt the operation of websites. The protection is expensive, and it doesn't always work.
Gladius decided to create a decentralized ecosystem that enables anyone to protect their website. You will be able to rent out your computer's spare network bandwidth and earn tokens. This mechanism is much cheaper than traditional methods and potentially more effective.
Basically, the network of Gladius is one big collective filter: all traffic that goes to the websites of Gladius' clients passes through the service first.
With a blockchain, this filter will use computing powers near you. It will enable to download information faster compared to other DDoS protection services. Website: gladius.io
How they differ from the competitors:
the potential number of servers is much larger, the service is cheaper and more efficient.
How they want to make money:
commission for services.
according to Markets and Markets
, in 2016 companies around the world spent $824,4 million on protection against DDoS attacks. By 2021, this number will grow up to $2,16 billion.
What their token gives you: an internal currency. A client pays by tokens for cybersecurity services. The better half will go to the computers' owners who make up the network of Gladius. The rest — commission for services. Token price:
week 1 — 525 GLA = 1 ETH
week 2 — 515 GLA = 1 ETH
week 3 — 505 GLA = 1 ETH
week 4 — 500 GLA = 1 ETH What will happen to tokens:
the unsold tokens will be frozen until the company needs money again.