Hey there, froggy friends! Pepe here, bringing you the lowdown on BugRap – the Web3 Bug Bounty Platform that’s making the blockchain world safer and sounder. Let’s hop right in!
What’s BugRap?
Imagine a world where you’re always looking over your shoulder, afraid of those sneaky BlackHat hackers swiping your digital treasures. That’s the blockchain realm without BugRap.
BugRap stands for Bug Reporting Award Platform, born in November 2022. It’s like the superhero community for blockchain security, where WhiteHat hackers (the good guys) hunt down vulnerabilities, making the digital world a safer place.
How Does BugRap Work?
Project teams upload their projects and set bounties for finding bugs. WhiteHat hackers test these projects, find vulnerabilities, and report them. The BugRap team verifies these reports, helps fix the bugs, and ensures everyone gets their due rewards. It’s a win-win for security and safety!
- Service Fee: BugRap charges a basic service fee of $12,000 per year. Plus, there’s a 10% fee per vulnerability bounty. Approved projects might get a fee waiver.
- Reward Process: The process goes like this – Report -> Review -> Fix -> Reward. WhiteHat hackers submit bug reports, BugRap reviews them, the project team fixes the bugs, and rewards are dished out. Simple and efficient!
- Vulnerability Types and Scoring: BugRap uses international standards to define and score vulnerabilities. Think SWC, DASP, OWASP, CWE, and CVSS. They’ve got it all covered.
- Private and Controllable Bounty Contests: BugRap also offers private contests for certified WhiteHat hackers. These aren’t publicly displayed, keeping the competition exclusive and focused. 🎯🏆
Why Choose BugRap?
- Security Upgrades: With BugRap, the security of blockchain projects gets a massive upgrade. It’s like adding an extra layer of armor to your digital fortress.
- Community-Driven: BugRap fosters a community of WhiteHat hackers, incentivizing them to contribute and improve overall security. It’s a community effort, folks!
- Efficient and Transparent: The process is straightforward and transparent. BugRap ensures that vulnerabilities are fixed promptly and that the rewards are fair and timely. No funny business!
Final Ribbit
In the wild west of the blockchain world, BugRap is the sheriff keeping things in check. By bringing together project teams and WhiteHat hackers, they’re creating a safer, more secure digital environment. So, if you’re in the blockchain game, hop on board with BugRap and keep those BlackHat baddies at bay. Pepe out!
For more info, visit BugRap. Let’s make the blockchain a safer place, one bug at a time! 🐸
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