Trade Reports

AVME: A Decentralized Antivirus, Changing the Face of Online Protection

AVME is a decentralized security protocol for detecting and protecting against dangerous information. AVME does this by merging two technologies that may be used in conjunction with blockchain to create zero-trust, fully decentralized applications. Two examples are sandbox nodes and virus detection using artificial intelligence/machine learning (AI/ML).

Platform uploads and endpoint detection are used to get content into the system to be examined. Inside the sandbox node, instances that the network has not recognized are scanned and detonated.

The AVME detection site will display the data that the network detects, scans, and classifies. The public will see hash information and reports on any material scanned by the network. Data is scanned in real-time, with hash information uploaded to the blockchain and the original data deleted and never saved to storage.

The token infrastructure underpins AVME’s technology. The AVME token is deployed on the Avalanche C-Chain as a contract, with a bespoke wallet designed from the ground up to support the virus detection suite included in the AVME blockchain.

AVME is Built on Avalanche

The Avalanche network, which has three separate blockchain products, provides the foundation for AVME.

  • X-Chain (an exchange network)
  • P-Chain (a platform network)
  • C-Chain (a cross-chain interoperable smart contract network

The AVME token is currently deployed on the C-Chain, a fully interoperable blockchain with the Ethereum network.

The Avalanche platform was chosen as the underlying infrastructure for AVME because it meets three essential criteria:

  1. A cost-effective approach of compensating collaborators
  2. A public, persistent, write-only database
  3. Allows for validation node consensus on the validity of malware

The blockchain serves as a write-only database. Any content that is written into it, becomes immutable. It cannot be changed.

This creates a permanent audit trail of all scans conducted, actions done, and AVME’s subsequent actions.

AVME will obtain a consensus among validation nodes in such a way that false positives are avoided. All the while, any hostile nodes in the network are prevented from attacking. Various validation nodes will process potential payloads and deliver consistent results across multiple nodes, which will be immutably published to the blockchain.

Centralized Antivirus Market

In 2020, the global market for antivirus software is worth $3635.5 million. [https://www.360researchreports.com/global-antivirus-software-market-17694380]

An oligopoly exists in the market share distribution. The centralized antivirus market is generally well distributed, although a small number of businesses dominates it.

Three companies currently control 37.3% of the market.

  • Symantec Corporation (13.16%)
  • Avast Software A.S. (12.69%)
  • ESET (11.45%).

Problem with the Centralized Antivirus Market

The centralized antivirus market efficiently delivers products, generating significant revenue. Their existing business strategies have a number of drawbacks for consumers and the industry as a whole.

  • Competition
  • Weaponization of intellectual property
  • Profit-centric

AVME: The Solution

The problems listed in the preceding section are just the tip of the iceberg, but the approach AVME is adopting will help the project solve many of them.

Currently, every significant competition is centralized, requires trust, and frequently employs deception to improve corporate KPIs. Because huge enterprises mainly dominate the antivirus market, AVME confronts stiff competition. Their value proposition is disruption through the following characteristics.

Trustless

AVME is being built using the Avalanche blockchain. For eternity, all transactions are transparent and backed up by a thorough audit history. All AVME users will own the keys to their wallets, and they will be fully responsible for keeping them secure. In addition, the code will be open-source, collaborative, and auditable by anyone interested in learning more about how our program works. Only providing updates in the best interest of the consumers is an excellent method to motivate AVME contributors.

Technology

Their software and services are built on the blockchain. Through encryption, consensus processes, and private key ownership, it allows for decentralized computation and several layers of security. To compete with the larger centralized suppliers, we will create AI solutions that include numerous machine learning-based components that will grow and become more efficient with each new detection and signature. Finally, we’ll offer a free antivirus that encourages users, developers, and the broader technology community to use AVME’s products, services, and provably encrypted, anonymized data.

Decentralization

Anyone can contribute because of their decentralized methodology. Whether through usage, running a node, or furthering development, everyone reaps the benefits, and it’s not just for shareholder profit.

AVME Foundation

The AVME Foundation was established to oversee the project’s direction and manage future development and marketing funds. They want to raise awareness of AVME solutions and security and blockchain in general. Founding members and strategic advisors make up the foundation.

Team

Itamar – Founder & Lead Developer

Itamar is a self-taught coder and a young entrepreneur. Itamar’s mission is to develop valuable solutions to problems never been solved before in the market.

Markus  Founder & Developer

Self-employed for almost 20 years. Talium developer, senior programmer, graphic designer, and professional photographer. Web projects, blockchain applications, payment systems, and company operations are his specialties.

Jean  Developer

System Analysis and Development Technologist, enthusiastic C/C++ and Qt programmer, advocate for FOSS and cryptocurrency in general.

Sean – Strategic Advisor & Technical Writer

Sean brings a wealth of experience in infrastructure, virtualization, and cloud integration to the table. Based on more than 20 years of expertise, he aids in project direction.

Alessandro  Marketing Lead

Alessandro is a marketing and project development enthusiast and a former computer engineering student. His ambition is to build and participate in projects that leverage blockchain technology to make life easier.

Project Roadmap

2021 – 2023

  • Migration from centralization towards decentralization
  • Implementation of multiple coins inside the wallet
  • Development of decentralized nodes
  • Open alpha/beta of decentralization

2023 and Beyond

  • Release of the fully decentralized anti-virus solution
  • Development and upgrades of the decentralized nodes

Tokenomics

  • Token standard: ARC20
  • Max supply: 21 million AVME
  • Initial pre-mine: 2 million AVME
  • Distribution model: Staking, farming & node incentivization
  • Ticker: AVME
  • Smart Contract Address: 0x1ecd47ff4d9598f89721a2866bfeb99505a413ed

Distribution

Initial token distribution was carried out through a small pre-mine.

Staking will be the most common method of token distribution. Node operators will be enticed to stake tokens in order to participate in the network. This will deter bad actors while also increasing exposure to AVME volatility.

The AVME foundation will get 5% of all freshly issued tokens. This budget will support the AVME ecosystem’s continued marketing and development initiatives, allowing the company to remain competitive.

The yearly staking reward ratio is reset every week, but we’ve used yearly values to show the overall supply curve and diminishing staking incentives for the sake of simplicity.

Each year, 10% of the remaining supply will be allocated to stakers.

There will be 2 million AVME tokens in circulation at the start of year 1, and 19 million AVME to be generated. As a result, the incentive for the first year will be 1.9 million AVME. The yearly reward will be 1.71 million AVME in year 2, with 3.9 million AVME in circulation and 17.1 million AVME to be created.

YearTotal SupplyAmount Added/YearDev Fund
12,000,0001,995,00095,000
23,995,0001,785,52585,025
35,780,5251,598,04476,097
47,378,5701,430,25068,107
58,808,8201,280,07360,956
610,088,8941,145,66554,556
711,234,5601,025,37148,827
812,259,931917,70743,700
913,177,638821,34739,112
1013,998,986735,10635,005

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