Turing Safe is the most comprehensive offering for ICO audits
With the great money that is raised in ICOs, comes great responsibility to community and ecosystem, overall. ICOs are too seductive a target for attackers, because of the large sums of money that they have. It is on the ICO team now, to ensure that these millions of dollars are safe, and are being used for the purpose intended - building a brilliant product or service.
Smart Contracts are at the core of all Ethereum DApps and Token Sales, and with their “smartness”, i.e. the ability to execute an action automatically when certain specific conditions are met, have enabled seamless and transparent transfer of anything of value on the blockchain. While the efficiency gains provided by Smart Contracts make them a game-changing phenomenon, smart contracts are not 100% foolproof. In other words, ICO funds are always at a risk of being stolen or frozen forever because of Smart Contract vulnerabilities.
While you might be conducting the ICO with your best intentions of making a great product, the intentions alone cannot secure your ICO funds; just like your being a vegetarian will not stop a lion from eating you. So, how do you ensure the security of your ICO?
Smart Contracts are written in a language which most people, especially those from a non-coding background do not understand. Also, it is imperative to ensure Smart Contract security before it is deployed on the blockchain because you cannot go back and make edits to it once it is there on the blockchain. Thus, the only measure of a Smart Contract robustness is if it is able to stand the test of time while attackers are perpetually devising new ways of rupturing it.
The best practice that can be followed in such cases is to get the Smart Contract scrutinized by a second or even a third pair of eyes. The inspecting pairs of eyes should belong to seasoned Smart Contract developers, who can develop comprehensive tests for the code, and provide solutions to plug the holes in it.
Turing Safe’s ICO security audit comprises of a detailed diagnostic report after putting the ICO Smart Contracts, website and wallet through an exhaustive list of manual and automated testing measures. Our team specializes in penetration testing of the ICO website, reviewing the ICO Smart Contracts for logic errors and deployment errors and reviewing the ICO wallet security protocols. We not only audit the ICO but also interact with your technology team and recommend resilient solutions for all the weak areas.
Get in touch with Turing Safe’s team on [email protected] to get your ICO reviewed and fortified.