Interlock - Gem

2024-12-03

Interlock - Gem

Tenset launchpad is not slowing down any time soon! We are excited to announce a powerful project that will be featuring on the launchpad later this week: Interlock!

Interlock is a revolutionary web-3 powered security solutions for consumers and businesses, forging a safer internet. Their AI-driven security product, ThreatSlayer, defends against browser attacks while rewarding users with $ILOCK for sharing security data. They monetize the shared security data in the $13 billion yearly B2B threat intel market, creating a first-of-its-kind crowdsourced threat intelligence, along with a suite of enterprise security products. Think of a Brave-style model, but for cybersecurity.

Addressing a Persistent Threat: Phishing Attacks For more than two decades, phishing attacks have been a significant threat to online security, causing financial harm. In Web3, the risk is even more substantial, with a single click potentially leading to the loss of digital assets. In 2022, $9.7 billion was stolen in crypto hacks and scams.

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Leveraging Web3 to Solve Legacy Web2 Threats Interlock’s AI-powered security extension ThreatSlayer, is a free, enterprise-grade security extension that protects against browser-based threats, phishing attacks, and bad downloads. You can add it to your Chrome, Brave, Edge, or Opera browser, and from there it runs quietly in the background, scanning visited websites and locking down potentially dangerous pages.

With the future version of ThreatSlayer, users will earn $ILOCK tokens for sharing anonymized security data and staking tokens on misclassified pages. AI and human interaction together create smarter security products, preventing zero-day attacks and better security for all network participants. This incentivized security approach enables a stronger network, product, and safer internet for everyone.

Interlock stands at the forefront of innovative cybersecurity. The Interlock team, consisting of Y-Combinator graduates and tech marketing experts, brings extensive B2B marketing and sales experience.

Highlights

  • User Base: 400k+ active ThreatSlayer users
  • Funding: Backed by a $10M investment from Awaken finance and Outlier Ventures.
  • Other notable investors: Max Stealth, Fish Dao, Pluto Capital
  • Recognised on Entrepreneur’s “Elevator Pitch

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Launch timeline:

December 6, 6PM UTC - Snapshot to determine eligible launchpad users.

December 7, 11AM UTC - Round 1 of IDO. Guaranteed allocation for 24 hours.

December 8, 2PM UTC - Round 2 of IDO. FCFS.

Mid December - Launch

ILOCK token details:

  • Total supply 1 billion tokens based on Arbitrum
  • Price per token 0.04 USDT for Tenset users
  • Total raise 600,000 USDT
  • 20% of tokens unlocked at TGE
  • Then a 1 month cliff, followed by 9 months of vesting.
  • 24 hour claim-back policy will be enabled

You can find out more information about Interlock on their official channels below:

Website: https://www.interlock.network/

X: https://x.com/interlockweb3

Telegram: https://t.me/interlockchat

Tokenomics: https://www.interlock.network/tokenomics

Whitepaper: https://www.interlock.network/what-is-interlock

ChromeStore app: https://chromewebstore.google.com/detail/threatslayer-security-phi/mgcmocglffknmbhhfjihifeldhghihpj


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