What is Gladius Token (GLA)?
Future of GLA Cryptocurrency and know how to buy GLA

#1 – What is Gladius Token?

Gladius Token: The Basics

  1. Gladius has the primary mission of protecting businesses and websites from DDoS (distributed denial of service) attacks, which are becoming increasingly common in the recent times.
  2. DDoS attacks are capable of costing a company lots of money, both through loss of online time as well as a loss in consumer trust and PIR.
  3. The Gladius platform aims to utilize the unused computing power and bandwidth in the world effectively in order to protect the businesses with an online presence from DDoS attacks through a decentralized solution.
  4. The Gladius network aims to reduce content loading times for websites and protect businesses from DDoS attacks.

Gladius Token Development

  1. The Gladius Token website lists a team of over 15 members, including the core managing team, other managers, advisors and developers.
  2. The founder and CEO of Gladius Token is Max Niebylski, who has over 8 years of experience in programming as well as entrepreneurship. Co-founder and CTO Alex Godwin plays a key role in developing the system architecture and smart contracts on the Gladius platform.
  3. The third founder and COO Marcelo McAndrew is in charge of managing the development of Gladius’ desktop clients and its web portal. Head of Marketing Ori Levi has over a decade of experience in content marketing, PR and SEO.
  4. Advisors of Gladius include Dcorp founder and developer Frank Bonnet as Technical Advisor, SecureMySocials founder and CEO and Forbes columnist Joseph Steinberg as Cybersecurity Advisor, and FireServiceRota founder Ruben Stranders as AI Advisor among others.

 

#2 – What are the advantages of Gladius Token?

Gladius Token Technology

  1. Gladius aims to create a decentralized, peer-to-peer, serverless network to connect bandwidth and storage pools to companies looking for protection against DDoS attacks.
  2. Anyone who owns a computer can thus rent out their unused storage and bandwidth through the Gladius Peer Client, earning Gladius tokens (GLA) in the process.
  3. Large pools will be generated with the unused storage and bandwidth of such users, which can then be used to handle requests and prevent malicious activity.
  4. The Gladius Token is the backbone of the platform, as companies and websites can buy DDoS protection and CDN services using the token.
  5. Majority of the fees will go to the owner of the node (who is renting it out), and a nominal amount will go into the development of the platform.
  6. The Gladius architecture runs on the Ethereum blockchain, which acts as a database to store proxies and their associated service providers. The protected service is hidden from the outside by using a number of clients who would act as traffic validators.
  7. The protection, as well as CDN services availed on the Gladius platform are negotiated through smart contracts.
  8. Gladius creates a custom proxy between the website server and the open internet, made up of small clients which split up traffic verification and content into several tiny parts, which are capable of communicating with each other in a matter of seconds.
  9. Gladius creates pools of nodes to group people demographically for a better experience for clients. These pools can be seen on a marketplace where the location, pool size and its reputation can be viewed, allowing a client to choose the pool to help them protect their website.
  10. The network has a built-in reputation and validation system to protect from malicious nodes, and each pool is also allowed to approve or reject individual nodes which wish to enter, increasing security.
  11. A pool’s reputation is based on user reports as well as investigations involving protection provided over time, total pool size, age of the pool, etc.
  12. Every pool has a DNS service to distribute traffic among the nodes for verification, which is a fault-tolerant system due to the inherent nature of DNS.
  13. The final layer of protection from malicious code is a proxy server run by a pool manager to mask the true IP address of the final destination.
  14. The Gladius nodes inside a pool perform various computations and services to combat the DDoS attacks, like Rate Limiting, IP Address Matching, Intelligent Geo Matching, Browsing Behaviour and more.

 

#3 – How to buy and store Gladius Token coins (GLA)?

How to buy GLA

Gladius Token coins (GLA) are available for trade in only 3 exchanges as of July 2018, which is not very surprising since the cryptocurrency is relatively new in the market. The exchanges include KuCoin, Idex and ForkDelta, all of which accept Ether. KuCoin is the only exchange which also accepts Bitcoin in exchange for the GLA tokens.

There is no exchange yet (as of July 2018) which accepts any fiat currency in exchange for the Gladius Token coins.

  1. These are just platforms where you can buy or sell GLA tokens, but help is often needed to decide which one to buy from. This help is what CoinSwitch, one of the best cryptocurrency exchanges provides, by displaying the prices at the exchanges it’s sold in, all at one place. It supports more than 140 coins and 45,000 pairs of cryptocurrencies. You can choose any pair you want with your GLA token, and CoinSwitch will help you decide the best one for you!
  2. What’s more - with CoinSwitch, you need not rely on wallets on the exchange you’re buying from. Instead, all transactions can happen to and from your very own private wallets, the benefits of which we’ve spoken about here earlier.

GLA Storage

  1. Gladius Token being an ERC20 token, is capable of being stored in any wallet compatible with Ethereum tokens.
  2. Hardware wallets are the most secure, and Ledger Nano S as well as Trezor work for Ethereum and tokens on its blockchain.
  3. Jaxx is an ERC20 wallet which functions as a desktop wallet, mobile wallet as well as a web wallet as it is compatible with Windows, Linux and Mac PCs, Android and iOS smartphones, as well as Chrome and Firefox extensions, making it one of the most versatile wallets around.
  4. Exodus and Mist are desktop wallets which store Ethereum and tokens on its blockchain, compatible with Windows, Linux and Mac operating systems.
  5. MyEtherWallet is its most popular Web wallet, and ETHAdress is one of the paper wallets storing ERC20 tokens.

 

#4 – What is the future of Gladius Token?

Also Read: Complete Analysis of Gladius Token | Live Gladius Token (GLA) Price Charts And Predictions

Market Cap and Global Acceptance

  1. The Gladius token ICO was held between November and December 2017, raising $ 12.5 million USD in the process.
  2. The total maximum supply of the Gladius Tokens is 48.2 million GLA, distributed as follows:
    1. 60 % of the tokens were distributed in the token sale
    2. 20 % of the GLA tokens were reserved for the operation of the platform
    3. 10 % GLA tokens were given to the Gladius team, and
    4. The remaining 10 % of the tokens were reserved for the founders of the platform.
  3. Gladius Token has a circulating supply of 14 million GLA, with a value of about $ 0.19 USD per GLA token and a market cap of about $ 2.716 million USD.

Price History

Date

Open

High

Low

Close

Volume

Market Cap

Jul 30, 2018

0.201101

0.203743

0.192762

0.199959

2,908

28,16,489

Jul 01, 2018

0.207993

0.228497

0.203941

0.205468

2,942

29,09,873

Jun 01, 2018

0.425024

0.435214

0.419654

0.428116

10,140

58,63,590

May 01, 2018

0.654778

0.654778

0.587504

0.634283

39,876

74,02,529

Apr 01, 2018

0.41249

0.418458

0.366421

0.388198

3,44,469

-

Mar 01, 2018

0.983282

1.07

0.923376

0.999993

24,542

-

Feb 17, 2018

0.965387

1.69

0.868895

1.56

4,68,801

 

Trends so far

  1. The trends of such a new cryptocurrency as Gladius Token are difficult to predict (the coin is only 5 months old as of July 2018). Its initial value was at $ 1.56 per GLA, which has shown a decreasing trend, valuing the token at a minimum of about $ 0.16 as of July 2018.
  2. Considering the low circulating supply of the token as well as its relatively low individual price, GLA unsurprisingly holds a low rank among cryptocurrencies in terms of market cap. It is placed at the 717th position in global market cap rankings as of July 2018.
  3. The low market cap ranking of the Gladius network is discouraging to be sure, but there’s no denying the potential of the project. Gladius addresses the very current issue of protection from internet attacks, as well as proper utilization of unused resources. So there’s a sense of “need” around the project, giving it great future scope.

 

#5 – What makes Gladius Token different from other cryptocurrencies?

  1. Emerging cryptocurrencies are making a name for themselves by focusing on a particular issue plaguing the public in the current online scenario and trying to provide an effective solution to the issue using blockchain technology.
  2. Gladius is the first such cryptocurrency to focus on eliminating cyber attacks while simultaneously promising to use the resources which remain unutilized in different parts of the world. This makes the idea as well as its implementation inherently unique.

 

#6 – Should you invest in GLA?

  1. Gladius tokens (GLA) are not doing too well in the market as of July 2018, with a rank much below the first 500 cryptocurrencies globally. This is quite discouraging and makes for an unattractive option to invest in, especially when there are other ventures which are doing much better in the market.
  2. However, the fact that Gladius has made it a point to focus on the very current, very real issue of cybersecurity in general and DDoS attacks in particular makes it an attractive investment option for the long run.
  3. Moreover, since the individual price is quite low as of July 2018, investing in the token will not create much of a dent in your pockets, making it a low-risk investment which is likely to fetch good returns in the long term.
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