LevelNet (LVL) ICO Review and Rating

What is LevelNet?

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 the entire system to become much smarter, much faster than any single cybersecurity provider can today. LevelNet significantly boosts the capabilities of any user installed anti-virus program.

If a user has no 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 finds a threat, it often takes significant time for that knowledge to be distributed across the entire system. New malware takes advantage of this time window to infect the greatest number of devices. LevelNet creates an integrated, global, and immediately responsive system to stop more malwaremore rapidly than it was heretofore possible.

LevelNet ICO Review and Analysis

Review and analysis of LevelNet by ICO analysts:

Strengths

Most of team could be verified, good diverse development and marketing skills, some endorsements and ok networks. Big committed team.
The business prospects compared to the initial project valuation at $15M sounds reasonable compared to most other ICOs
The model of building a collaboration exchange between cyber security companies might have reasons it has not happened yet, but sounds like an important component of the cyber security ecosystem
The project website and materials are professionally made
The team has an extensive partnership network from various fields of the supply chain
The team has built community outreach pretty successfully having thousands of members in the social media groups

Potential concerns

New business model involves high risks unless the model is developed with the designed industry partners. Other cyber security companies missing yet from the partnership list
No source code available to review the status of development or integration properties
The social media campaign has not ignited a lot of discussion yet