Grabbit Completes Audit with CertiK — Placing in the Top 10% of Web3 Projects
Grabbit proudly announces the successful completion of its audit with CertiK, a leading blockchain security firm. This significant achievement reinforces Grabbit’s unwavering dedication to upholding user security and promoting decentralization.
Grabbit’s unique selling point is its proprietary method of handling smart contracts, allowing for live, on-chain auctions. This technology is a key aspect of Grabbit’s mission to uphold decentralization while offering users an intuitive experience reminiscent of traditional Web2 applications.
By partnering with CertiK, Grabbit has taken a significant step towards enhancing its credibility. This strategic partnership brings together the expertise and innovation of both Grabbit and CertiK, ensuring the highest standards of security, reliability, and transparency within the platform. The rigorous audit process involved a comprehensive evaluation of Grabbit’s smart contracts and underlying infrastructure.
”Innovating at the cutting edge of technology requires a top-notch team of both internal talent and partners. I’m ecstatic to get Grabbit into the hands of the Cardano community and beyond. It’s critical that users know they can trust our protocol with their funds, and that’s why we chose CertiK as our auditing partner.” — Allan Deutsch, Head of Product at Grabbit
Certik concluded that Grabbit is among the top 10% most secure Web3 projects, a milestone that solidifies Grabbit’s commitment to prioritizing user security and decentralization. The completion of CertiK’s Formal Verification and Manual Review showcases Grabbit’s unwavering dedication our users.
“As a dedicated provider of blockchain security solutions, we pride ourselves on fostering transparency and resilience in the Web3 world through our comprehensive auditing processes. This audit of Grabbit, which included advanced formal verification, is a testament to our shared commitment to security and transparency, and we are excited to be a valued security partner of the project,” said Jason Jiang, Chief Business Officer at CertiK.
With the audit process now completed, Grabbit remains steadfast in its mission to prioritize user security and provide a seamless trading experience. The company will continue to implement ongoing evaluations and enhancements to ensure the utmost security and transparency for its ever-growing community.
Grabbit is an on-chain auction NFT marketplace built on Cardano blockchain. It aims to create a user-friendly platform for buying, selling, and trading digital assets in a secure and decentralized environment. Grabbit marketplace strives to foster a vibrant community that encourages creativity, supports artists, and provides a seamless and secure experience for users worldwide.
CertiK is a pioneer in blockchain security, leveraging best-in-class AI technology and expert manual review to protect and monitor blockchain protocols and smart contracts. Founded in 2018 by professors from Yale University and Columbia University, CertiK secures the Web3 world, by applying cutting-edge innovations from academia to enterprise, enabling mission-critical applications to scale with safety and correctness.
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