BUGLAB - CYBER EXPERTS CAN DO WHAT THEY LOVE AND GET PAID

For example, members of various hacker groups such as An0nymous and others are skilled experts in the art of cyber security, but rather than channel in all that effort into making the cyber space a safe environment, they end up putting the lives and jobs of millions of people at a risk.

Cyber security is an important action that has not received quite enough coverage as it should truly deserve. According to analytics from Wordpress.com, millions of websites are attempted to be hacked on a daily basis. Hackers have continually spent their time trying to hack other people’s websites, without giving a second thought to the outcome of their actions.

It is quite unfortunate that before now, the society never gave web security professionals a comfortable environment to develop themselves and improve on their skills, within the ambits of the law. For this reason, cyber experts key into the vision of attempting to penetrate the websites of various companies, in order to test their skills. These actions are actions that could have been curbed, if there was a platform that could give these experts, an opportunity to grow in their chosen fields, while also making a living out of it.

Buglab is a platform that strives to bring companies in contact with reliable and trusted cyber security experts, for the good of the society. As described in the white paper, the BugLab platform will offer cyber experts the chance to compete with each other, towards carrying out or attempting penetration tests, and getting rewarded for it.

During a brief chat with the Buglab team in their telegram group, I was informed that the platform’s strategy would include the creation of numerous contests, which will run at various times, giving experts the opportunity to make money while working.

A company that requires the service of a Cyber Security expert will sign up on Buglab, and create a contest. The company will pay for the contest using the adopted token for the Buglab platform. After the payment is set, and the terms of the contest are set up, various cyber security experts will have the chance to find bugs on the online platforms which have been provided by the company. For every bug found, a reward will be issued out to the founder.

Before now, Cyber experts used to work for glory and fun, but now, they have the chance to actually do what they like, and still get paid for it. BUGLAB will make cyber security experts get paid for their effort and online engagements.

The token which will be used to reward experts on the BugLab platform is the BGL token. It will serve as a means of incentivizing experts and exchanging value. The token will help to pay off for contests, serve as a means for giving out tips and even fund VPR and BTR on the bugle platform.

The ICO for this project is currently running, join the telegram group to know more.