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#Blockchain, #Internet All projects

Cloudbric: Decentralized universal security platform

A decentralized universal security platform that provides a diverse suite of security services for free for personal use

stage Ended crowdsale

3.2 Rating

by 5 users


    KPLs

    • Employees25

    Team

    15
    man TJ Jung

    CEO & Founder

    After completing his B.S. in Electrical Engineering from KAIST (Korea Advanced Institute of Science & Technology), TJ joined Penta Security Systems, Asia’s top cybersecurity vendor. TJ was also credited as the inventor of various IT security-related patents. During his time at the company, he was VP of Product & Technology for multiple award-winning security solutions at Penta Security Systems. He eventually made his way to becoming head product manager and business development for MyDiamo, an open source DB encryption solution. Collectively, TJ has acquired 10 years of information security experience and is now the current CEO and Co-Founder of Cloudbric.

    man Joey Song

    Chief Operating Officer

    Joey Song is an experienced business professional with over 8 years of international business development and management consulting experience. He graduated in 2009 from Pennsylvania State University with a B.S. in Business Economics and Entrepreneurship. His prior work experience includes being an enterprise risk management consultant for Deloitte & Touche LLP. Currently, he serves as the Chief Operating Officer (COO) and Head of Global Business Development for Cloudbric.

    man Peter Cha

    Chief Strategy Officer

    Peter Cha studied International Business at Grove City College in the U.S.A. and at the University of Turin in Italy. He started his IT security career at Penta Security Systems straight out of college as a marketing associate, and subsequently as a business development associate. Peter further nurtured his business operations experience at Penta Security Systems by taking on the role of a business development manager and eventually the global partnerships manager. Peter is the current Chief Strategy Officer (CSO) of Cloudbric.

    man Giseung “Tiny” Jo

    Chief Technology Officer

    Tiny began his career as a developer since 2000 in online and offline system integration and web service development. During his 18 years of security expertise, he has worked back and forth in Korea and Japan in various web service development projects. He has extended his abilities as a full stack developer by also tackling planning as well as operations projects. With service development experience spanning in eTrip, eLearning, eCommerce, CMS, SECaaS, and ERP, Tiny currently serves as the Chief Technology Officer (CTO) and the Head of Web Development & Security for Cloudbric.

    man Tai Kim

    Chief Product Officer

    Tai Kim graduated from Korea University with a degree in Computer Science and Engineering. Tai joined Penta Security Systems in 2016, and has been recognized for his talent as he has lead the departments of Engineering, Product Planning, Customer Support and Technical Support. In addition to his engineering and tech-centered expertise, Tai is a specialist in the Chinese market due to the 19 years he has spent in China, as well as Hong Kong. Tai Kim is the current Chief Product Officer (CPO) and Head of Product Management for Cloudbric

    Seung Ho Cha

    Deep Learning Development

    Lee Hae You

    Service Development

    Ji Hye Park

    Cloud & Service Development

    Tae Gwang Kim

    Front-End Development

    Yuika Hama

    Business Development

    Victoria Jo

    Communications

    Karen Cruz

    Digital Marketing


    Advisors

    10
    man YoungHa Kim

    Former CEO of Samsung Electronics, China

    Strategy Advisor
    30+ years in Chinese Electronics market
    Former CEO of Samsung Electronics China
    Professor at Dankook University, College of Engineering

    man Steve C. Y. Pang

    Executive Director of Goldford Group, Goldford Venture Capital

    Strategy Advisor
    20+ years experience in financial services & IT
    Senior Advisor, Goldford Venture Capital
    Executive, Swire Group
    Executive, Zurich Financial Services
    Chief Advisor Officer, Aviva Hong Kong

    man Caspar Wong

    CEO of Goldford Fintech

    Business Strategy Advisor
    Vice President of Goldford Group
    Chairman of Hong Kong Young Professional Alliance Blockchain Committee
    Marketing Head of Quantum Gold

    man Jae-Woo Lee

    Top 10 Individual at Global Top 10 Security Summit & Advisory Board of Kaspersky Lab

    Security Advisor
    ‍Member of International Advisory Board, Kaspersky Lab, Inc.
    ‍Founder & 1st President of Korea Information Security Agency
    ‍Chair of the ISC2 Asia Pacific Advisory Council
    ‍Vice President of CISA
    Chair Professor at Dongguk University

    man Seokwoo Lee

    CEO & Founder of Penta Security Systems, Inc.

    Security Advisor
    Founding Chairman of POSTECH's APGC (Association of POSTECH Grown Companies)
    ‍Adjunct professor at POSTECH for Industrial Engineering




    Crowdsale details

    Distribution of tokens
    • Crowdsale (44%)
    • Security Rewards & Service Mgmt (25%)
    • Team & Advisors (16%)
    • Reserve (10%)
    • Marketing (5%)
    Budget allocation
    • Development (45%)
    • Marketing (5%)
    • Strategy Partners (25%)
    • Reserve (15%)
    • Operation (5%)
    • Business development (5%)
    Details Indicators
    Token Symbol CLB
    Full Token Name CLB token
    Pre-sale Start August 1st, 00:00 GMT+03:00
    Pre-sale End August 23rd, 00:00 GMT+03:00
    Pre-crowdsale Start August 23rd, 00:00 GMT+03:00
    Pre-crowdsale End September 12th, 00:00 GMT+03:00
    Crowdsale Start September 20th, 00:00 GMT+03:00
    Crowdsale End September 26th, 00:00 GMT+03:00
    Domain owner Individual

    Cost of the token

    12500 tokens for 1 eth

    Price without discounts

    Bonuses

    Pre Sale bonus has a 3 month lock
    Minimum amount for Pre Sale participation is 5 ETH

    Pre-crowdsale
    Bonus Dates Minimum purchase amount
    15% August 23 — 29, 2018
    10% September 06 — 12, 2018

    Accepted currency

    • Ethereum


    Rate the project

    Estimate the project on a five-point scale or switch to the simple scale

    Five-point scale Simple scale

    Relevance of the problem and Market size

    1 2 3 4 5

    Product competitiveness

    1 2 3 4 5

    Founders, Team & Advisors

    1 2 3 4 5

    Budget allocation and roadmap

    1 2 3 4 5

    Token economy, Tokenization & Business model

    1 2 3 4 5

    Distribution & Lock up of tokens, Discounts for early buyers

    1 2 3 4 5

    Summary rate the project

    1 2 3 4 5

    Rate the project by other users

    5
    William Anderson August 24, 2018
    Rating of project
    2.5

    Advantages

    Projects that have very good interface for the website show great organisation and this will make it convenient enough for those looking for information about the project to navigate the site with no sweat the availability of a chat platform also makes it very convenient. The bonuses offered shall give the project a very good position in the market where demand for the token will still be high and circulation high creating increase in value of the token. A reserve of tokens is available for the team to carry out another round of crowdfunding where necessary.

    Risks and disadvantages

    Security is a very crucial thing especially in this ero but the competition is very stiff especially in this growing industry of blockchain and ICO therefor the desired market might not be attained which will be diversteting for the team and will affect future growth. Given the fundamental policies of investing in ICO projects those using only one cryptocurrency are not advisable to be invested in.

    Comments

    Cloudbric will have to identify its compitive advantage and take control over it this will be one of the guaranteed ways out of the hustle for a large market share.

    Jordan Semanda August 22, 2018
    Rating of project
    2.7

    Advantages

    The diversity in the experience possessed by the team and the advisors will be of great value to the sustainability and relevant when it come to the making of important decisions that will guarantee experience. The number of employees involved will be able to serve the available market and is also quite manageable which will make employee remuneration possible. The presale token sale has a significantly short time which will be important in creating a rushed increase in the obtaining of tokens so as to utilize the early buyers incentives of bonuses hence a step closer to achieving the desired.

    Risks and disadvantages

    The team accepts only one cryptocurrency which will be a hindering factor to potential investors with alternate currencies to get involved in the project. No press has been involved with cloudbric and this will affect the publicity and the image of the project.

    Comments

    This project has displayed very good description of the platform and this will be of great help in attracting even more investors However engaging the investors on personal basis through interactions will be necessary to avoid the outflow of the investors from the project.

    Sofia Medda August 14, 2018
    Rating of project
    3.7

    Advantages

    Users who pay for service with CLB token will be offered 50% discount. Beta version is available and according to the information on the website there are thousands of users. Cloudbric Security Rewards Program is designed to incentivize users to participate in developing of the security technology by contributing their cyber threat related information.

    Risks and disadvantages

    It's not clear to me if the project will use an existing blockchain (Etherium for example) or it will build it's own blockchain.

    Comments

    I have no doubt that this is a strong team which already succeeded developing their technology and product. The main question is if the team will be able to improve their product significantly in the event the ICO is successful. I think there should be a presentation of advantages of a final product combined with blockchain.

    Anne Bryn August 13, 2018
    Rating of project
    3.7

    Advantages

    There are several video presentations explaining the main advantages of the product and user's benefits. Creating Secure Web Alliance where partners will be able to provide their exclusive offers to Cloudbric users is an interesting solution, which facilitates community growth and also strengthens token utility.

    Risks and disadvantages

    I didn't find any description of the Reward program, while it is mentioned in the road map and in the white paper. Marketing plan is not presented as well.

    Comments

    To me the startup is interesting, but there are very attractive projects developing similar solutions, which is good, because investors have a wide range of offers to choose from.

    Denys Serhiichuk August 04, 2018
    Rating of project
    3.3

    Advantages

    The main document - Whitepaper is availalble in few languages, so investors from different counties could get acquainted with it. In addition, there is a bounty campaign, which helps the project to attract live investors. A great advantage is the working product.

    Risks and disadvantages

    Roadmap has only 2 periods in 2018. That is not enough to explain platform development. More attention could be paid to marketing. There are not so many social media platforms. For example, nothing mentioned about Bitcointalk thread.

    Comments

    Overall, the platform could achieve success.However, it would be difficult to put together all parties in order to fight against cyber-terrorism.


    FAQ

    Frequently Asked Questions

    What is Cloudbric? What is the Decentralized Universal Security Platform?

    Cloudbric is a security platform that provides individual users a diverse suite of information security services free for personal use. Cloudbric is composed of 4 major security components: web security, device security, crypto asset security, and a decentralized security resource community, Cloudbric Labs.

    What is the difference between an ICO and reverse ICO? Where does Cloudbric fall?

    ICO stands for Initial Coin Offering, a method of crowd funding using the blockchain system. Cloudbric uses the reverse ICO method, which means it offers preexisting services and technologies as an established firm, as opposed to a traditional ICO as a new venture whose foundation is just beginning to build.

    What problem does Cloudbric aim to solve? Is blockchain technology needed?

    Cloudbric will try to solve the three major issues users encounter in the cybersecurity market: oversaturation of security solutions, privatized threat intelligence data, and uncertainty of security vendor performance. Cloudbric will do so by providing a security platform free for personal use through decentralizing threat intelligence data, and by utilizing its 20+ years of security expertise. The blockchain system helps decentralize information and allows Cloudbric to make all cyber threat information open and accessible to the public. Cloudbric will utilize this information to build interactive security tools for any and all users.

    Why an ICO?

    Cloudbric's primary mission is to revolutionize the cybersecurity market by making information security open and accessible to all users through the introduction of a new Decentralized Universal Security Platform. ICO is primarily a means of funding for the expansion and improvement of Cloudbric's current services, as well as for the creation of the new platform. And through the blockchain that verifies authenticity of all transaction, users can be fairly and transparently compensated for their contribution to the platform's growth.

    What makes Cloudbric's ICO different from other similar blockchain-based ICOs?

    Cloudbric is an established web security vendor with over 20 years of proven cybersecurity expertise. It is recognized as the No.1 WAF solution in the APAC region, and globally ranks No.5 by security analysts such as Gartner, and Frost & Sullivan. With blockchain, Cloudbric aims to amplify this trust and strive for transparency.

    What is the development roadmap and timeline for Cloudbric?

    Please refer to our roadmap here.

    Is there a Cloudbric technical whitepaper that has details on the blockchain and services?

    Detailed information on the technologies used will be described in the upcoming Cloudbric technical whitepaper.

    What is Cloudbric's pricing model?

    Cloudbric services are free for individual users, but for enterprise organizations there may be an additional fee. The fee is for the organizations' utilization of information found on Cloudbric Labs to build new security solutions or integrating threat intelligence into preexisting solutions.

    Can I still utilize Cloudbric's security services without submitting attack logs?

    Attack logs generated by Cloudbric will be anonymously housed on Cloudbric servers (as per the standard terms of security service), and will be permanently deleted on a bi-annual basis. However, users who do not wish to submit their attack logs can still enjoy Cloudbric universal security, but will forfeit the right to earn CLB tokens for said method. Alternatively, they can still be eligible to receive tokens through contributing towards Cloudbric Labs.

    What is CLB?

    CLB is the name of Cloudbric’s cryptocurrency token. Users can receive CLB tokens by contributing security information to Cloudbric's Decentralized Universal Security Platform.

    How can I use my CLB tokens?

    Tokens can be used for various purposes including discounts and purchases from Cloudbric’s extended partner network. CLB will also be listed on cryptocurrency exchanges by late 2018 for open trade and purchase. Refer to the questions on CLB tokens below for details.

    Is there a limit to how many tokens one person can receive as compensation?

    No, there is no maximum to the number of CLB tokens one user can earn. However, as mentioned in the Cloudbric token structure & allocation plan, the total amount of tokens allocated for the Security Rewards Program is 25% of the total sum (250 million CLB tokens).

    How often are tokens distributed to the users?

    Recurring distribution of CLB tokens will be made on a daily, weekly, or monthly basis (TBD) and will be posted to a distributed blockchain ledger for verification of user distribution.

    What are bonus tokens?

    Bonus tokens are additional tokens given out to the first-round Pre-Sale participants. Duration of Cloudbric service usage is another way to receive bonus tokens.

    Will more tokens be made?

    No, the total number of CLB tokens will be 1,000,000,000 (1 billion). No additional tokens will be made than the set amount.

    How can CLB tokens be purchased and/or traded with? (KRW, BTC, ETH, USDT)

    CLB tokens can be received through participation in the ICO, the security rewards program, or through purchase from cryptocurrency exchanges. The Rewards Programs is a compensation system in which users who contribute to Cloudbric through threat data and/or the resource community (Cloudbric Labs), are eligible to receive complimentary CLB tokens.

    Are there time periods where CLB Sales are locked and cannot be sold? Will there be time periods when CLB token trades are locked and cannot be sold?

    CLB token trading is locked from the first round of investment (Private Sale) until the end of the third round (Crowd Funding). Once CLB tokens are listed on cryptocurrency exchanges by late 2018, you're free to sell and trade them.

    Can I still receive CLB tokens without using utilizing Cloudbric's security services?

    Yes. You may do so by contributing toward Cloudbric Labs, a resource community with various free security tools, data analytics, and discussion forums made accessible to the public.

    Does Cloudbric provide its own CLB cryptocurrency wallet?

    Yes, users can utilize our secure in-house CLB cryptocurrency wallet or have tokens transferred to a wallet of their choice.

    Is it mandatory for users to use the CLB cryptocurrency wallet?

    It is not mandatory that users utilize the CLB cryptocurrency wallet. It's highly recommended, however, for safe token storage and transactions. The wallet will offer secure encryption and authentication features, and its high accessibility allows for convenient access through Cloudbric's web dashboard and mobile applications.

    What other ICOs/coins/tokens does the CLB cryptocurrency wallet support?

    The CLB cryptocurrency wallet is a medium for safely storing CLB tokens only. If you wish to utilize a different wallet, Cloudbric can have the CLBs transferred to your designated wallet of choice.

    What is the difference between Pre-Sale, Private Sale, Crowd Funding, and Public Sale?

    Private Sale is designated for private investors and venture capitals. Public Sales are open to the general public and held twice: Pre-Sale and Crowd Funding. Pre-Sale takes place first, and investors can benefit from bonus tokens at this time. Crowd funding takes place last, and investors are capped at a maximum number of CLB tokens that can be purchased (unlike during Private and Pre-Sales).

    How can I stay updated about Cloudbric ICO's news & updates?

    You'll receive e-mail notifications once you sign up to receive Cloudbric updates & news. You can also join us on social media channels like Telegram, Reddit, LinkedIn, Facebook, Twitter, and KaKaoTalk.

    How can I get in touch with the Cloudbric team?

    Our team can be reached through Telegram, e-mail, and KakaoTalk.


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