Who Audits the Auditors? Smart Contract Audit Token (SCATDAO) to Hold a Public Sale on KICK․IO

PRESS RELEASE. The satellite of audit has ever had an inherent problem, the struggle of involvement that comes from paying for audit services. Auditors are meant to beryllium autarkic of their clients, but however tin you beryllium autarkic erstwhile you are auditing your employer? With countless instances of paid auditors issuing fraudulent attestations to support their clients blessed – say, Enron, WorldCom, and Tyco, to sanction conscionable a fewer – the satellite is yet waking up to the request for alternate decentralized and autarkic solutions.

That’s wherefore we’re enormously excited to beryllium hosting SCATDAO’s nationalist merchantability connected the KICK.IO launchpad. Funded by Project Catalyst, Smart Contract Audit Token Decentralized Autonomous Organization (SCATDAO) is simply a caller audit paradigm that performs decentralized, genuinely autarkic astute declaration audits connected Cardano, redefining the mode audits are selected, performed, and financed.

It has been wide from the opening that to guarantee DeFi wide adoption the ecosystem requires autarkic audits utilizing a accordant acceptable of standards for certification of the code, arsenic good arsenic rigorous appraisal of the project’s improvement squad and its legitimacy. Nevertheless, the existent strategy leaves the doorway unfastened for Dev teams to power their audit results. Not lone does the existent interest exemplary formed the independency of galore auditors into doubt, it besides creates a strategy of inequality, wherever lone well-funded dev teams tin spend an audit.

That’s wherefore SCATDAO was designed to debar this inherent struggle of involvement by creating a unsocial backing mechanics that self-finances their operations truthful that independency is ever maintained. The token holders volition beryllium the ones who take the projects they attraction for and privation to beryllium audited done a streamlined, standardized, and automated process. This method besides provides captious infrastructure to Cardano by offering a escaped assets wherever dev teams tin get a broad audit, person feedback connected immoderate bugs oregon imaginable exploits they were unaware of, and show to the wide nationalist that their protocols are harmless to use.

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Public merchantability connected KICK.IO

SCATDAO’s nationalist merchantability volition footwear disconnected connected February 21, 13:00 UTC and volition tally until February 24, 13:00 UTC. Mark the day to debar the hazard of missing out.

Ticker: Audit
Price: $0.02 USD
KYC: Yes
IEO Start date: 2021-02-21 13:00 UTC
IEO End date: 2021-02-24 13:00 UTC
Total token supply: 1 Billion
Available for sale: 15,000,000. (1.5%)
Hard cap: 300,000
Payment option: ADA, USDT, USDC

About KICK.IO

KICK.IO is simply a Cardano-based fundraising level and task accelerator, designed to supply transparent, efficient, and afloat decentralized crowdfunding services. KICK.IO is acceptable to mature into a cornerstone of the caller Cardano-dominated DeFi landscape, becoming the spot wherever Cardano’s extended assemblage tin travel unneurotic to money projects characterized by the immense imaginable for aboriginal success.

Our next-generation decentralized launchpad volition beryllium built according to the champion DeFi manufacture practices, ensuring real-time settlement, top-notch security, interoperability, existent decentralization, zero counterparty risk, portion besides being afloat scalable to conscionable the needs of organization investors. Unlike our competitors, we connection afloat enactment of Cardano autochthonal tokens and a suite of precocious DeFi tools that upcoming projects request to thrive and prosper.

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