What are smart contract audits, how do they work, and how do they benefit the crypto projects who get their code scrutinized? Let's find out.
Do smart contract audits improve crypto's image?Blockchain technology is becoming a bigger part of all our lives — and auditors like Hacken are ensuring that crypto projects put their best foot forward.Improving the quality of smart contracts helps reduce those unpleasant headlines about major hacks in the press, and boosts the reputation of crypto projects in the public's eyes.Once an investigation has taken place, Hacken offers labels to ensure verified projects can declare they're audited by Hacken on an official website. Reports are also attached to a crypto project's official presence on major websites such as CoinMarketCap and CoinGecko. The most common types of contracts that the company interacts with include token, token sale, exchange, ERC-721, swap farming, staking, ERC-20, BEP-20 and reward pool. Already a member of the Enterprise Ethereum Alliance and Solana Foundation, Hacken has its sights set on winning a 20% share of the Web3 cybersecurity market by 2024.Learn more about HackenDisclaimer.