Remove hackers from your network


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About ฿itFence

BitFence is advanced cybersecurity solution that will proactively identify hackers and distribute their profile information to the protected community over blockchain.

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Problem: 100% of companies in the world are getting attacked by the hackers and the average detection time is 256 days (2015 Ponemon Report) leading to enormous economic and privacy damages. Similar attacks repeated against multiple targets before they are detected, understood and mitigated.

Solution: BitFence Detects, deflects, and counteracts attempts at unauthorized use of information systems and gives your security team an unfair advantage over hackers.

How It Works: Community members "mine" hackers by running honeynet nodes are rewarded with HNY tokens. We correlate information together and provide 0-day threat feeds to customers who can purchase subscription with HNY tokens. Patent pending.

Read One Pager Read Whitepaper

฿itFence Offerings

We will remove hackers from your business or home network. Built on top of Ethereum blockchain.

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Introducing StingMiner

You don't need a powerful computer or ASIC to mine HNY. All you need is internet connection and public IP address. Mining options are:

  • You can run a miner application on your Windows / Mac / Linux machine. One per IP address.
  • You can download Raspberry PI / BeagleBone SD card image and mine with PI 24/7
  • You can get a pre-configured appliance from us to run on any virtualization container


The only cyber defence you ever need

Better protection from hackers at lower cost. We take care of your security, so you can concentrate on growing your business.

BitFence offers the most efficient and cost effective protection from hackers compared to FireEye, McAfee, RSA and others.

Protection provided by BitFence will block high risk hosts, malicious payloads, viruses, malware, suspicious addresses automatically within seconds everywhere around the globe after threat is "mined" by the network of our StingMiners and risk scored with BitFence Engine.

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Protecting Your Home

With more connected devices in every home - not only laptops and phones, but all IOT devices such as refrigerators, air conditioners, furnaces, security cameras and even kid toys - we became extremely vulnerable to hackers in every day life.

BitFence home router comes pre-configured with automatic security updates from BitFence store. It is plug-and-play installation which makes your home protected with enterprise-level cyber defense system at a fraction of cost.

The ones who are crazy enough to think that they can change the world
are the ones who do

~ John McAfee, a cybersecurity pioneer

HNY Utility Token Sale (TGE)

Token Type
Token Minting Model
No pre-mint, minted on demand
Accepted contribution methods
Absolute Max number of HNY minted
1 billion
Maximum HNY available during TGE
50% or 500 million
Soft Cap
2,000 ETH
Maximum Hard Cap
65,000 ETH
Base HNY Price
1 ETH = 6000 HNY

April 1, 2018


May 1, 2018

TGE First Stage

July 1, 2018

TGE Second Stage
HNY Token Discount (HNY per ETH)
HNY Token Allocation (in %)


BitFence platform development roadmap

  • AI and Machine Learning

    2015 - 2017 | AI Classification Engine Created

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    First artificial intelligence classification engine using supervised learning models created. Initially designed to classify EDC medical data engine was applied to analyze cybersecurity threat data (logs, packet capture) and produced incredible results.

  • HoneyNet on a Blockchain Created

    Q2 2017 - Q1 2018 | First successful POC

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    Core team successfully created and peer reviewed fully functional proof of concept of HoneyNet, soon to become BitFence. First prototype of StingMiner IoT device created based on Raspberry Pi micro single-board computer.

  • HNY Token Pre-Sale Starts

    April 1, 2018 - May 1, 2018 | 00:00:00 UTC

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    HNY token pre-sale. MVP development.

  • Main TGE Event

    May 1, 2018 - July 1, 2018 | First Stage

    Jul 1, 2018 - Oct 1, 2018 | Second Stage

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    Main TGE event. MVP development.

  • MVP Launch

    Q3 2018 | BitFence Engine and StingMiner

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    Launch of BitFence ecosystem MVP with basic subscription services. Enterprise firewall and F5 integration. Initial rollout of StingMiner solution. Start of channel marketing to top enterprise integrators.

  • Release of BitFence CyberStore

    Q4 2018 | BitFence Threat Marketplace

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    BitFence releases CyberStore with software and hardware solutions available for purchasing with HNY tokens. BitRouter release. Marketing wave and start of Enterprise sales.

  • Release of BitFence Personal Firewall

    Q1-Q3 2019 | Personal and Mobile Firewall Release

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    A BitFence solution that can be installed on any stand-alone Windows/OSX/Linux computer to protect it from hackers is released. SDK to integrate threat intelligence data in iOS and Android mobile apps released.

  • Industrial Embedded IoT Solution

    Q4 2019 | Integration with SCADA ICS Infrastructure

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    BitFence ICS Solution specially targeted for supervisory control and data acquisition control system architecture used in all industrial systems including manufacturing, process control, power generation, fabrication, and refining,


BitFence Team

William Mason

Co-Founder, Principal. Chief business strategist.

Vlad Tereshkov

Co-Founder, Principal. Serial entrepreneur. Technologist, inventor, IP expert. PhD in Physics.

Dann Thompson

Seasoned executive with years of CFO and CEO experience for startup organizations.

Roger Freeman

Advisor MENA Region. Senior Emergency Preparedness Consultant.

Shah H Sheikh

Sr. Cybersecurity Advisor. Co-founder of DTS Solution.

Marie Golson

Technical Advisor. Master of Business Administration in Marketing.

Jeffrey W Gaines

Technical Advisor. Information Logistics.

Teresa Culver

Technical Advisor. Record Management and Training Development

Luis Parra

Technical Advisor. Jet Access Aviation. BA Political Science and Government.              

Frequently Asked Questions

This FAQ list composed from most frequent questions that we are getting. If you cant find answer to your question here, please contact us

Using blockchain technology we invented (and patented!) a totally brilliant way to give everyone unfair advantage over hackers. We proactively identify hackers and distribute their information to the protected community over blockchain.

HNY Token is a utility token designed to be a proof-of-threat, a token that a person running our hacker-miner (StingMiner) will receive in exchange of hacker's digital fingerprint. We collect, analyze and correlate these fingerprints and provide 0-day thread feeds / blocking lists for our subscribers. Subscription packages and routers priced in HNY tokens beat in quality, speed and price all global threat competition.

All HNY tokens are generated during token generation event (TGE). 20% of generated tokens allocated to a StingMiner mining pool

Miners need to have internet connection (preferrably not firewalled) and can run a StingMiner software on Windows, Mac, Linux or get BeagleBone or RaspberryPi hardware miner or SD card image from our store. Plug-and-play - just turn it on, and start earning HNY.

By running StingMiner, you become our eyes and ears - miner automatically identifies threats in your network, collects hackers "fingerprints" and reports them to our threat Intelligence engine. Upon verification, tokens from the pool transferred to your address

Please read the Whitepaper for more details

Token Generation Event is the huge one-time opportunity to get large quantity of HNY tokens immediately. We encourage everyone to participate in mining as well to earn additional tokens and help to grow our network. HNY token is the only payment method accepted in BitFence store for all hacker-protection products and services.

Pre-Sale: April 1, 2018; 0:00 UTC

First Stage TGE: May 1, 2018; 0:00 UTC - Jul 1, 2018; 0:00 UTC

Second Stage TGE: Jul 1, 2018; 0:00 UTC - Oct 1, 2018; 0:00 UTC

HNY token is the pure utility token, however you need to pass KYC/AML checks and to confirm that you are not United States citizen, not a resident of US, have not a primary residence or domicile in the United States, including Puerto Rico, the U.S. Virgin Islands and any other possessions of the United States and are not purchasing HNY tokens or signing on behalf of United States citizen, resident or entity. Exceptions might be given to accredited and properly verified investors. Please make sure you read and understand whitepaper and token sale terms before participating

HNY token sale contract mints and delivers tokens to your ETH address auromatically after receiving your payment, so there is no escrow necessary. HNY tokens for payments made through a ShapeShift with Bitcoin or other cryptocurrencies, will be distributed withing 24 hours after successful payment confirmation

Token sale contract, following OpenZeppelin recommendations mints tokens on demand, so there wont be any unsold tokens.