In a world filled with constant fear, uncertainty, and doubt, only a few projects manage to rise to the top of the leaderboard due to their high-quality products. Openfabric AI takes pride in having its $OFN token recognized by Certik as one of the most secure cryptocurrencies in the industry.
Security is arguably the most crucial factor to consider when assessing the quality of a digital asset. Recognizing this importance, Openfabric AI decided to put its own technology to the test by having the Openfabric AI generate its own code for the $OFN token’s smart contract.
We are delighted to announce that Openfabric AI’s $OFN token has effectively passed the industry’s demanding standardized security evaluation carried out by Certik. Consequently, it has secured a position within the upper echelon, ranking among the top 10% of projects featured on the Skynet directory due to its impressive security score.
Even before we embark on a detailed analysis of the audit report, there are four prominent badges that should immediately catch your attention at the very top of the project’s page. These badges signify Active Bounty, KYC Gold, Top 10% Security Score, and Top 10% Subscores Verification. These qualitative factors on their own play a pivotal role in setting apart projects that are rated highly in terms of security from those that are positioned lower in the ranking hierarchy.
These badges are more than just symbols; they are indicators of the project’s commitment to security and trustworthiness. Let’s break down the significance of each badge:
Double AA rated and consistently maintaining a security score > 93, Openfabric AI’s $OFN token has scored a nearly perfect A+ across all 4 of the key evaluation parameters: Code Security, Fundamental Health, Operational Resilience, Community Trust.
The $OFN token audit involved a meticulous manual examination of its code, encompassing thorough testing for all 72 aspects of the Formal Verification process. It is worth noting that the contract was determined to be without any flaws in this aspect. If you wish to delve further into each specific property and perform your own manual review, please visit the $OFN listing page.
With a remarkable score of 98% in terms of its Fundamental Health, Openfabric AI ranks within the upper echelon, belonging to the top 10% of all projects listed on Skynet. Moreover, its Geo Risk assessment of Tier 1 indicates an exceptional level of geographic accountability.
This classification underscores that Openfabric AI operates within a jurisdiction known for its robust judicial cooperation, a well-functioning criminal justice system, effective anti-money laundering measures, and a low susceptibility to corruption.In essence, the project not only boasts strong fundamentals but also enjoys the benefits of a highly reliable operational environment from a legal and ethical standpoint.
Operational Resilience is a concept that focuses on Openfabric AI’s on-chain products, specifically the $OFN Token, and their ability to continue functioning even in challenging conditions.
To maintain the highest levels of security for its software products, Openfabric AI recognizes the importance of Bug Bounty programs. To demonstrate its commitment, Openfabric AI has set aside and earmarked $50,000 for its Certik Bug Bounty Program.
The program offers rewards ranging from 100 $OFN to 5,000 $OFN per bug discovered. Openfabric AI actively encourages developers to participate in the hunt for issues within its contract; they genuinely want you to uncover any potential problems.
The rewards are structured as follows:
In essence, Openfabric AI is committed to fostering a robust and secure ecosystem for its users and is willing to reward developers generously for their efforts in identifying and rectifying any potential vulnerabilities in its contract.
Our commitment to fostering these relationships extends to you, and we encourage you to actively engage with us. Join our community, share your ideas, provide feedback, and be a vital part of our journey towards innovation and growth.
Together, we can shape the future of Openfabric AI and create a thriving ecosystem where everyone’s voice is heard and valued.
Join us today and let’s build a stronger, united community together.
Certik, a distinguished and reputable blockchain security company, specializes in safeguarding the integrity and security of blockchain projects and smart contracts. Established by a team of computer scientists and security experts, Certik is deeply committed to advancing blockchain technology adoption by addressing one of its most critical challenges: security. Their unwavering dedication to ensuring the safety and reliability of blockchain endeavors has earned Certik widespread trust and respect.
They have become valued partners for a multitude of blockchain startups, DeFi platforms, and well-established projects. Certik’s pivotal role in fortifying trust and security within the blockchain space significantly contributes to its enduring viability and widespread adoption.