Gladius is a crowed sourced DDOS security solution that is very undervalued atm and just hit the exchanges on Feb 18th 2018. Its currently only listed on https://idex.market/ and at the time of writing this is sitting at 1.02 which is 1/2 of the 2.00 price tag in the public ICO. So these were the results of the token sale:
Total Tokens In Circulation (100%): 28,589,648.65 GLA
Total Tokens Purchased (60%): 17,153,789.19 GLA
Total ETH: 23,978.65 ETH
Total Sale Participants: 1438 People
So out of the ICO Gladius had a market cap of ~21 million dollars. At the time of writing this it's ~17.5 million which should put it around 380th on https://coinmarketcap.com. It is however currently 1341st as it hasn't really been around long enough and sold enough for CMC to place it (I am uncertain of CMC's exact procedures regarding this). So this project has a lot of room to grow imo. It doesn't have a working platform yet but it is suppose to have a beta out by the end of this month. They have been very good about posting updates at https://medium.com/ every 2 weeks showing platform progress, workplace progress, and new team hires.
They are currently running an airdrop program to get more awareness of this project (which is where I found out about it). https://airdrop.gladius.io?ref=TNG57G9UB8X2IW1I That's my referral link to the airdrop signup. It's very simple, quick, easy, and it gives you a fair number of tokens up to 33. Once more people learn about this project and find out that it will have a beta platform out very soon and if it gets listed on more exchanges. The price is going to start going up dramatically imo.
The idea of how you earn GLA tokens is what really has me excited about this project. The platform allows you to use your unneeded upload bandwidth and pays you for it. They have a chart with the estimates on their website https://gladius.io/#calculator. It is basically another way to mine cryptocurrency, without the need for expensive GPU's or a huge amount of hard drive space for hard drive mining. It looks to be easy to setup by the screenshots so far. So it would be a simple turn it on when going to bed and turning it off once you wake up in the morning.
So why would you get paid for something like this? DDOS attacks.
It's very inexpensive and easy to DDOS a person, Streaming Event, Website, or a whole company. Blizzard the video game company was attacked for a solid week about a year ago making most of their games unplayable during that time. A good amount of the time if your cable is down and it's not due to the weather, it's safe to assume it's due to a DDOS attack against them. Most people don't know about how rampant these DDOS attacks are. You see them constantly in the gaming community. Livestreams, Tournaments, even random personal attacks on your home network. I know it's very expensive to defend against DDOS attacks but I don't know exactly how expensive. To this I will have to trust that the Gladius company understands how to price their product competitively.
Whenever you are investing in a token it's very important to make sure it is tied to the product (it doesn't matter how good the product is if the token you are buying isn't used in said product). They have stated its going to be the access token to use their platform as well as the reward for providing them Bandwidth. So that should increase the token price and provide liquidity as the platform is growing as its pretty much a 4 person circle (Exchange - Company - Gladius Platform - You - Exchange). So in my opinion it is tied in to allow token price to rise with the platform usage.
So why is this a good investment and why is it under the radar if it's such a good idea? It is brand new out of ICO and it doesn't actually have it's platform up and running yet although they claim it will be up the later part of this month. It's only available on IDEX a decentralized exchange that frankly is really slow and annoying to use imo. It's a unique project, so with nothing to compare it to people are just dismissing it. Finally you pretty much have to be a serious gamer or work in Cyber Security to know about how bad the DDOS situation is and has been for years. I feel that overlap with crypto investors is very very small.
Please don't take this as direct financial advice. I am not your financial adviser. I am just a crypto and gaming enthusiast with to much time on my hands. Please do your own research and don't invest more then you are willing to lose crypto is a very volatile market.
Hopefully this review has helped you decide if this investment is for you and even if it's not hopefully it will help you in your other investments.
Cool Post. Since you got the bitcoin tag do you have a prediction for Bitcoin over the next few days? Also followed you for future posts :)
Thanks for following me. Everything I'm reading and the technical analysis is claiming 12k is a huge resistance point for BTC. So I'm tending to believe we are going to hang around 11k for the next week or so before it starts to push above.