NFTX Launches a $150,000 Bug Bounty on Immunefi

We are happy to announce that NFTX, a pioneering protocol in the NFT space, has taken a proactive step towards bolstering its security infrastructure by hosting a bug bounty program on Immunefi. This move ensures the safety of assets for NFTX’s vast community of collectors, content creators, and investors.

NFTX stands out as a trailblazing protocol in the NFT landscape. By wrapping similar-value NFTs into fungible ERC20 “vTokens,” NFTX incentivizes the creation of liquid markets for these unique assets, fostering greater accessibility and liquidity within the NFT ecosystem.

Now, NFTX users can rest assured that their valuable assets are fortified against potential threats, thanks to Immunefi’s robust security solutions. As Web3’s premier blockchain security provider, Immunefi boasts the largest community of elite security researchers, dedicated to safeguarding projects and their communities.

Additionally, NFTX is proudly offering up to $150,000 in rewards for critical and up to $40,000 for high smart contract vulnerabilities discovered through their bug bounty program. All reward payments will be processed through Immunefi’s secure vault system, demonstrating NFTX’s commitment to supporting whitehats by ensuring timely payouts.

With this partnership, NFTX and Immunefi are setting a new standard for security within the Web3 ecosystem. Together, we are building a more resilient and stable future for Web3!