Community Audits Initiative
QuillAudits was launched in mid 2018 with primary aim to secure the ecosystem. Throughout the year, we have secured more than 100 smart contracts.
As a gesture to acknowledge support of the community in helping us grow, we are pleased to announce “Community Audit Initiative”.
Following this initiative, QuillAudits team will choose 1 project each month from the pool of smart contracts and dapps based on and to audit their smartcontract or dapp code for free.
The dire need –
It took a few years but now one can safely say and as Preetam Rao quotes
“ When it comes to and Smart contracts, everybody thinks it is secure. But it’s not. There are millions of dollars flowing through each smart contracts and they are vulnerable. We have seen smart contracts getting hacked in past. Security of smart contracts should not be taken for granted and for each developer or a team launching a smart contract that is or is about to be in possession of a large amount of money, is in obligation of a security audit “
Smart contracts are the essence of all , DApps and Sales. They’re code designed to enforce a set of rules autonomously and are immutable once deployed on the . This intrinsic quality makes smart contracts reliable and trustless, but also gives only one shot to make it right.
Now the core qualities of smart contracts have gained huge attention of developers all around the world. As a result, by beginning of this year, we already have over 1,000,000 smart contracts deployed on and total number of , , and Other DApps reaches over 2600 ( a large chunk of those accounting as games ).
A large chunk of these contracts and projects are led by solo developers or projects are are not externally funded. It is difficult for these projects to arrange funds to get a good quality audit done from a third party auditor.
Quillaudits’ Community Audit initiative will support individuals and teams aspiring to create substantial impact for community and having fundamental utility to develop their projects more effectively.
Encouragement –
QuillAudits initiative is open for applications for all dapps, games, smart contracts, based on and . The only criteria is to have a real utility.
As Rajat Gahlot quotes
“ is a worldwide phenomenon with immense opportunities in all sectors. We promise to support individual developers or teams from all over the globe with vision to bring utility to our ecosystem and help the ecosystem grow and make the world a better place. QuillAudits Community audit initiative is to help them move one step closer to their vision”
In recent months, we have seen huge decline in projects receiving external funding due to various reasons. This has resulted in a state where investors are hesitant to fund the projects that are in development phase.
QuillAudits Community Audit initiative will support such projects who are in development phase by providing good quality audit service without any cost.
As Mithil Thakore quotes
“QuillAudits Community Audit initiative will be a relief to projects as they need not worry about huge amount of funds to get a quality audit done and can encourage them on utilising their limited resources on improving utility of their projects. There are already lot of things to take care of for a project in early (development) stage and with QuillAudits Community Audit initiative, Security of your smart contract is off the check list and that’s one less thing to worry about”
There are already a few beneficiaries of the initiative. One of them is Infiniverse project based on platform.
Community Audit Rules —
QuillAudits team will choose One Project each month for a Free Detailed Audit –
- Applications are accepted from 1st to 30th of current month.
- Result is announced on 5th of following month.
- Detailed Audit Report is made live on 15th of following month.
- The selected project has to embed our QuillAudits Widget & mention us as their partner.
Find more details here —
Apply here —
Published at Fri, 03 May 2019 08:01:56 +0000
