LevelNet is an informational security network where connected users exchange information about IT security incidents (viruses and any other computer threats) detected on their device. Information exchange happens in real time with other members connected to the network to prevent further attacks of malicious software.
Device threat detection is done by monitoring the response of alien protection systems installed on the user device. Protection system response is analyzed by the client program and other means of analysis, located both on the users device and outside, on other nodes in the Network.
LevelNet integrates virtually all existing anti-virus technologies into one simple, user-friendly application. This distributed system enables participants to share threat data globally and in real time, allowing for the entire system to become much smarter, much faster, than any single security cybersecurity provider can today. LevelNet signi cantly boosts the capabilities of any user installed anti-virus program. If a user does not have any security applications installed, LevelNet can take advantage of its distributed network platform and act as a self-standing application.
Today’s cybersecurity solutions are limited. As one of the main providers nds a threat, it will often take signi cant time for that knowledge to be distributed to the total system. New malware takes advantage of this window of time to infect the greatest number of devices. LevelNet creates an integrated, global, and immediately responsive system to stop more malware earlier than it was heretofore possible.
Blockchain ICO Consultant / Advisor. Founder at Crypto Consulting and Investments LTD. Rated on May 28, 2018
4
5
4
5%
A very good team and set of advisors leading a project with a clear and solid vision. An interesting white paper is in place as well, I look forward to seeing how the development goes!
Success Coach to Blockchain Startup Project Teams. Rated on Apr 12, 2018
4
2
1
5%
no functional product...
" free distribution for up to 2 years"
I do not see a clearly defined value propostion or ROI to investors.
The idea that this token (roadmap) will be listed on an exchange inside of the current quarter or even within a year is very unlikely.
I do not believe this to be a good investment.
Agree
2 people agree
Pavel ShkliaevICO team member replied on 13 Apr 2018
Thank you for your opinion.
Because you are the representative of the average investor.I consider it important to convey to society its position.
I hope we could convince you otherwise. I will make a brief excerpt from the our dialogue:
We conducted a dialogue with you around the ROI and value proposition of the LevelNet project, a functional product.
1.The LevelNet value proposition is very clear. Significantly better threat detection rate with focus on preventive protection via our essentially free self-updating platform
Value proposition capable of attracting millions of users
Our prototype based estimations show that LevelNet threat detection rate could be significantly higher than that of any standalone existing anti-virus software. Yet most of the users will get LevelNet free or for at least 50 times less than paid annual anti-virus license (for example: $ 50 Kaspersky vs. $ 0.99 LevelNet premium version)
LevelNet via its real-time cyber-threat alert system provides preventive network perimeter protection. Preventive protection is a crucial problem in cyber-security. This is the area where all current systems are lagging behind
We plan to provide a private application program interface (API) for corporations to upload and check files with our data base as well as the System Development Kit (SDK) to customize LevelNet to be used by corporations with extensive intranet and large number of on-line customers . Even when a freemium business model is implemented we still expect ¾ of LevelNet customers to use LevelNet for free
2. ROI please see our fin model and executive summary:
2.1 Fin model (https://levelnet.co/docs/fm.xlsx)
2.2 ES https://levelnet.co/docs/es_en.pdf (1 page)
If you carefully study this document https://levelnet.co/docs/op_en.pdf, you will be able to see opportunities for both long and long investments.
1. For short-term positions (up to one year), it is possible to exchange tokens of the first phase of LVL for tokens of the second phase of LVLS at the exchange price
2. For a long-term position (from a year), it is an opportunity to get a share in the fund (at the expense of owning LVLS), whose purpose is to aggregate a fragmented market and to receive a passive income.
3. Entering the product, both for corporative subscription and for private
Regarding listing on stock exchanges: We have preliminary agreements with OKEx and a number of other exchanges.
Unfortunately, you refused to test the product.
Discuss the business model and free distribution unfortunately you could not allocate time
Business strategy, investment deals, investor relations Rated on Apr 9, 2018
4
3
3
5%
In my opinion, stage "Finalized Specification for the development" - is absolutely not enough for ICO...
Agree
Pavel ShkliaevICO team member replied on 10 Apr 2018
Thank you for your opinion. But this refers to the technology section, that is, the development of requirements and specifications. Look other sections
The product that was patented, and is backed by a team with solid experience, has a good chance to change the current security market that is highly fragmented, with it's new collective decentralised model.
Co-Founder & President at Koinsquare | Marketing Manager at AidCoin | Campaign Success Manager at 200 Crowd | Advisory Board Member Rated on May 8, 2018
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4%
Personally I believe that the project could improve its industry market with the power of blockchain, let's see in the next future how it will be implemented.
In my opinion this product is able to change situation with security issue that exist now. It has potential to merge cyber security market in the future.
Investor, Decentralized Economics Researcher, Crypto Visionary, FinTech Pro, Startup Mentor and Advisor Rated on Apr 15, 2018
4
4
4
4%
Essentials:
1. Team is OK, obviously has enough experience and skill.
2. Targeted market is very promising.
3. Competition and CAC are both high.
4. Tokenomics doesn't look very promising for the ICO investor. It is OK from the pure utility token perspectives, but doesn't have a strong potential for token price growth.
5. There are some concerns about the privacy and the actual system performance.
The scores will be update, when we will finalize the full review of the LevelNet for our investment club.
UPDATE 15.04.2018:
A.1 Tokenomics simply shows not enough liquidity sources (demand has no ground to be on par with the of tokens supply) and will struggle for months if not years. Even if the token will be listed with some larger exchange, it is not clear at all, how there will be enough market liquidity to support the token free float. Nothing on this part was calculated or laid out in the White Paper or a separate business plan.
A.2. We located the project financials, and we honestly praise the LevelNet team to for showing them to public. While there are some obvious concerns about the sales projections and the sustainability and stress resistance.
A.3. The one sad thing to mention, is that there was no consideration given to the ICO and the tokenization effects in the provided financials. Projected sales and the negative cash flow projections are both work as negative factors for the token price in the 3-12 months period.
A.4. The actual performance of the system, is a concern due to it's operational complexity for clients and infrastructure requirements. There appear to be some bottlenecks in design, which may mean, that the idea is either too early for the market or, on the contrary is attempting, to combine older product parts (such as dedicated end-point apps) with some hip buzzwords just to make such older tech a modern look.
DISCLAIMER:That's a very broad explanation of our concern (and that's the best we can do given the information form the public domain), and I myself by no mean is a security expert (there is a White Hat subcontractor for this), so it shall be considered more a result of the process analysis, the system analysis and bottleneck analysis, rather than a security audit outcome.
We updated rates given the new information and the LevelNet responses. The full report is available for the investment club.
Co-Founder of Global DCX | Top ICO Advisor | Angel Investor | Blockchain Entrepreneur Rated on Apr 12, 2018
3
3
3
2%
This rating's weight is reduced by 50% as there is no review added.
Pavel ShkliaevICO team member replied on 12 Apr 2018
Thanks for your feedback. I think you did not have enough time to study the project. I will be glad to tell you in more detail, so that you could evaluate all aspects of the project, both technical ones and the value that the project gives
ICO advisor | CEO | CIO | Blockchain Consultant | Crypto-Anarchist Rated on Apr 26, 2018
4
4
5
2%
Team seems decent, product is absolutely great. Main issue is whether or not the product will ever be built. Great ideas and vision does not always translate to a workable product. I see a bright future for the project IF they manage to build the tech as they say they will.
I rate this medium to high risk but with high return potential.
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
Token Bonus by Collected Amount:
0 - $1.5m 10%
$1.5m - $5m 7%
$5m - $7m 5%
$7m - $12m 3%
Token Bonus by Time:
First week 10%
WhiteList Bonus:
Whitelist members 15%
Tokens for sale
1,500,000,000
Sold tokens
584,000Updated on 2nd Apr 2018 14:53:49
Investment info
Accepting
BTC, ETH, LTC, Fiat
Distributed in ICO
80%
Soft cap
1.5M USD
Hard cap
12M USD
Raised
Unknown
Milestones
1
Q1 2018
Finalized Specification for the development.
Visiting exhibitions, interacting with the community.
Conclusion of cooperation agreements with representatives of the industry.
Token Sale (LVL).
Start of marketing campaign.
2
Q2 2018
Hire engineers and start back-end development process.
Business development to promote the product among corporate users.
Token Listing at Exchanges.
Marketing campaign сontinued.
3
Q3 2018
Close of Alpha Version Corporate API.
First сlosed testing.
Business development to attract small anti-virus companies to cooperation.
Preparing for the second phase of token sales (LVLS).
Support and marketing for token holders (LVL).
4
Q4 2018
Start of mobile development.
The first integration into existing antivirus products.
Exchange of LVL stock tokens for LVLS.
Electing the Board member from among LVLS token holders.
5
Q1 2019
Open Beta Version.
SDK for integration in existing antivirus products.
Presenting an industrial crypto index based on capitalization and other metrics.
Sales of tokens (LVLS).
Launching a new marketing campaign.
6
Q2 2019
Release candidate.
RTM.
Index listing on crypto exchanges.
Support and marketing for token holders (LVLS and LVL).
Marketing campaign continued.
