Info Technology Crypto: LevelNet — The World’s First Cyber Security Platform

Today’s cybersecurity solutions are limited. As one of the main providers finds a threat, it will often take significant time for that knowledge to be distributed. New malware takes advantage of this window of time to infect the greatest number of devices. LevelNet creates an integrate, global, and immediately responsive system to stop more malware and earlier than heretofore possible.

As new cyber-security systems emerge they seamlessly integrate into the LevelNet network to further enhance overall protection.

What is Level Net ???

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.

HOW IT WORKS

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.

Our Prototype

Our working prototype is now available for demonstration. It can be easily installed on Mac, Windows or Linux Operating Systems. During one such test (available below) the result was that the malware files were immediately detected and neutralized on all virtual machines. Test demonstration video(subtitles available): https://www.youtube.com/watch?v=fDLfvA9EqNU&t=2s.

The LevelNet Project

Level Capital is the owner of the LevelNet project source code, in accordance with the company’s charter. It’s a BVI corporation. In accordance with the Agreement and Terms Of Use, Level Capital is required to establish an Investment Fund in the Virgin Islands, or will obtain a license to carry out investment activities in the British Virgin Islands (or alternatively in the Isle of Man). The type of fund and its structure will be determined based on the number of participants.

The LevelNet Project

The LevelNet Project is an association that includes:

The operating company based out of California.
R&D centres located throughout the USA, Europe, Russia and Ukraine.
The BVI parent company LevelNet Capital.
A BVI investment fund.

LevelNet Inc

LevelNet Inc. is the operating company. LevelNet Inc is a registered California corporation (registered number C4046746) and a subsidiary company of LevelNet Capital. It’s registered address is: 34 Peach Blossom, Irvine, California, USA.

LevelNet Foundation

The LevelNet Foundation will be an investment fund and future private limited liability company registered in the British Virgin Islands or the Isle of Man. It will be licensed as a mutual fund to raise investment and provide the funds to realize LevelNet’s business plans. It is the profit center and the holder of all LevelNet financial assets. Ownership of up to 40% of the Fund will be divided amongst participants. The members of the LevelNet community are owners and active participants in the LevelNet Project.

Summary

The main purpose of this fundraising is for the development and launch of LevelNet with its accompanying products:

-Token Name = LVL

-Phase 1 = Non-investment

- Issuer = Level Capital

- Description/Rights = Token owners will be able to use LevelNet services, the LevelNet ecosystem, and all its products, in addition to receiving use of intellectual property rights. Possession of the token gives access to the Buyback Fund and MoneyBack funds secured by a smart contract based on Ethereum. It will be possible to exchange tokens for crypto shares in the second phase of the project.

- Payout Structure = A smart contract allows token owners to receive payment from the Money Back and Buyback funds starting from the 60th day after the offering.

- Quantity of tokens issued = 70,000,000

- Nominal Value of single token = $1.00 USD

- Conditions = Tokens not sold during the TOKEN OFFERING are to be destroyed. The release of additional tokens is excluded. Trading or ownership of LevelNet with its tokens is excluded. All exchanged and redeemed tokens are to be destroyed. Tokens used at the time of subscription to access premium features, business version, API and other LevelNet services will be destroyed
-Funding requirements = Soft Cap $1.5M — Hard Cap approx. $55M

PROBLEM

The threat of malware has existed since the dawn of the computer age. As technology has advanced, so has the sophistication of the viruses, exploits, and other attacks meant to harm our personal data. Unfortunately, traditional anti-virus software has failed to progress in tandem. In many cases, such software is no longer able to sufficiently keep up with the constant influx of new malicious software that plague that digital world.

Different anti-virus services discover issues as diverse times, meaning not everyone is protected at the same rate. The process by which updates are provided to guard against these new threats is complicated, and leads to many users being left unprotected for extended periods. Programs must first be informed of new threats to quarantine. Then, the developers create an update for the customers, so that their software will be able to look for the updated library of attacks. Customers must accept the update before their computer can be protected.

This ever-repeating timeline of events has made it nearly impossible to provide up-to-date protection to individual consumers on a global scale.

SOLUTION

LevelNet provides a simple and elegant solution.

It is clear that there is a need for an effective, real-time cybersecurity solution using all relevant data available from multiple cybersecurity platforms and anti-virus software applications.

Our platform is able to integrate any current cyber-protection solution for enhanced protection. Rapidly detect time-sensitive cyber threats while on our Network. Disrupt current threats while enhancing security measures against future ones. Protection of one is protection for all.

While you’re reading this, attackers are persistently working to infect your device.

SECURITY

The token code used is well tested and employed by multiple ICO’s, including Polybius 8 , TaaS 9 and Propy 10. In case any bugs are discovered, the EToken protocol allows for easy migration of the contract logic to a newer version without any actions required from the users.

KEY FEATURES

KEY DEAL TERMS

-Level Capital LLC (Level Capital) is the manager of the LevelNet project/user community and guarantor of participant rights.

-LeveL Capital issues LVL tokens, which will only be distributed during the duration of the TOKEN OFFERING.

-Level Capital will create Buyback funds and will use them to redeem tokens no later than 60 days after the date of the TOKEN OFFERING.

-Level Capital will invest assets received during the TOKEN OFFERING in operations and infrastructure development for the completion of LevelNet Endpoint Security in preparation for its commercial launch.

-LVL tokens will be sold on CryptoShare exchanges.

-As the operator of the LevelNet project, Level Capital will at determined intervals redeem the tokens in exchange for the cryptocurrency, as quoted on cryptocurrency exchanges.

-The investment phase of the project will be implemented by the roadmap.

-LevelNet Capital will create investment fund structure with the possibility of raising funds and protecting the rights of token owners. Once the British Virgin Islands investment Legal entity designed and created, all holders of the LVL tokens will be able to exchange them for LVLS tokens. All shares Newly created (or reorganised) Legal entity will be on blockchain.

-Ownership of LVLS tokens will allow for participation in the sharing of the fund’s profits starting in 2021. If the profits are not distributed, or there is none, then an option will be given for token holders to increase share participation in the fund at an optional discount.

-During the second phase, LVLS tokens will provide shares in the LevelNet project. LVLS tokens can only be redeemed using LVL tokens.

-The financing needs in this phase (product release) amount to $1.5–55 MLN. The project is evaluated by the “Development and Implementation Fund.”

-LevelNet Capital will maintain a token equity holders register.

Smart Contract

The smart contract that is used is an ERC20 standard token, based on Ambisafe EToken 7 contract. The source code is publicly available via github link in the footnote.

Legal structure

LVLS Token Details

LVLS is a financial instrument, which in Phase 2 offers the following:

Access to the fund’s profits;
Access to the register of fund shareholders;
The opportunity to nominate a representative to the Board of Directors;
The right to call an extraordinary board meeting.

The Exchange of LVL Tokens for LVLS

-LevelNet Capital plans to establish an investment fund or obtain a license to carry out investment activities.

-All LevelNet assets will be in the fund balance.

-LevelNet Inc. will issue up to 40% of shares and, under the option agreement, will transfer them under the management of the fund.

-After registration, the fund immediately begins to issue LVLS tokens (a financial instrument that gives the right to receive a share in the fund).

-Only LVL token owners can obtain the right to own LVLS tokens.

-Only LVL token holders can exchange them for LVLS tokens. For participants, up to 40% of fund ownership will be available.

-The exchange of LVL tokens for LVLS tokens will be carried out through the investor’s personal account, which is accessible via orderbook.io.

-All qualified LVL token holders will have the preemptive rights to purchase non-distributed LVLS. (in the USA only “qualified investors” can get LVLS tokens).

-All LVL tokens exchanged for the LVLS token are subject to cancellation.

-All exchange provisions are regulated by the Terms of Token Offering and cannot be changed.

LVLS Release

LevelNet Capital or the planned investment fund will undertake the release of a non-public LVLS financial instrument based upon blockchain technology.

The investment fund is obliged to provide LVL token holders the option to exchange their shares in the amount of up to 40% of the investment fund. The total price is equal to the amount of funds in the investment fund «Development and Implementation» .

The Investment Fund is obliged to provide this option for the exchange of issued LVLS tokens. This is in accordance with the terms in the clause concerning the conversion procedure from shares to tokens below.

Conversion Procedure

Bounty Tokens

To increase interest in the LevelNet system, LevelNet has developed several Bounty programs. The total number of tokens distributed by the Bounty programs on all platforms shall not exceed 2%. This is to preserve the economic interests of the participants and investors.

Token Distribution

The issued tokens are subject to a distribution plan described below at the time of the Token Offering:

Wings Platform

The Wings platform is a Blockchain Crowdfunding DAO, for Wings, the dedicated tokens utilize a smart contract algorithm. They are distributed according to the following conditions:

Option Pool

The option pool is reserved for a subsequent option package for employees of LevelNet Projects.

Fund Distribution

All raised funds shall be divided into funds that will be spent for the following stated purposes. The funds are established from the money raised. The raised capital will be divided among the following funds: