Hello! We, at Rakshe, are on a mission to accelerate the adoption of decentralized applications by verifying the correctness of code and providing warranties to smart contracts to reduce risk to users’ assets.
One of the challenges that DApps face today is that users are hesitant to interact with new DApps that may or may not be secure and bug-free. In case there are bugs in contracts users lose their ETH/tokens with no way for them to recoup their losses. This reluctance by users is slowing adoption of DApps and can be remedied by rigorous auditing and by guaranteeing that users have an option to recover assets if there are bugs in a contract.
Additionally, many indie developers cannot afford to get their contracts audited by professionals as they are expensive. This price tag is a result of the scarcity of experts available to audit contracts and the fact that manual audits are not scalable. We wish to provide high-quality reviews at a low cost and help developers get users for their DApps quickly. What’s in it for us? We get a recurring revenue by charging a fee from users who wish to purchase warranties from us!
Building the next game that’s going to bring the Ethereum network to a grinding halt or forging the one exchange that’s going to rule them all? We want to be a part of your journey and ensure that your DApp is secure and that it gets the traction it needs during its infancy. You can submit your contracts for review from our website when you’re ready. We even provide free audits for DApps meant to solve social issues etc.
You can follow this blog to get updates on the results of smart contract audits, bugs found in the wild, and availability of warranty for various contracts.
We are on Reddit, Facebook and Twitter! Feel free to drop by and say “hi”!
