NEWS RELEASE. The world of audit has constantly had a fundamental issue, the dispute of interest that originates from spending for audit services. Auditors are implied to be independent of their customers, however how can you be independent when you are auditing your company? With many circumstances of paid auditors providing deceitful attestations to keep their customers delighted – state, Enron, WorldCom, and Tyco, to name simply a couple of – the world is lastly getting up to the require for alternative decentralized and independent options.
That’s why we’re tremendously thrilled to be hosting SCATDAO’s public sale on the KICK.IO launchpad. Funded by Project Catalyst, Smart Contract Audit Token Decentralized Autonomous Organization (SCATDAO) is a brand-new audit paradigm that carries out decentralized, genuinely independent smart contract audits on Cardano, redefining the method audits are chosen, carried out, and funded.
It has actually been clear from the starting that to guarantee DeFi mass adoption the community needs independent audits utilizing a constant set of requirements for accreditation of the code, in addition to extensive evaluation of the task’s advancement group and its authenticity. Nevertheless, the present system leaves the door open for Dev groups to affect their audit outcomes. Not just does the present cost design cast the self-reliance of numerous auditors into doubt, it also develops a system of inequality, where just well-funded dev groups can manage an audit.
That’s why SCATDAO was created to prevent this fundamental dispute of interest by producing a distinct financing system that self-finances their operations so that self-reliance is constantly preserved. The token holders will be the ones who pick the tasks they take care of and desire to be examined through a structured, standardized, and automated procedure. This approach also supplies crucial facilities to Cardano by offering a complimentary resource where dev groups can acquire a detailed audit, get feedback on any bugs or prospective exploits they were uninformed of, and show to the public that their procedures are safe to usage.
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Public sale on KICK.IO
SCATDAO’s public sale will begin on February 21, 13:00 UTC and will run up until February 24, 13:00 UTC. Mark the date to prevent the threat of losing 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 choice: ADA, USDT, USDC
About KICK.IO
KICK.IO is a Cardano-based fundraising platform and task accelerator, created to offer transparent, effective, and totally decentralized crowdfunding services. KICK.IO is set to grow into a foundation of the brand-new Cardano-controlled DeFi landscape, ending up being the location where Cardano’s comprehensive neighborhood can come together to fund tasks identified by the enormous capacity for future success.
Our next-generation decentralized launchpad will be developed according to the finest DeFi market practices, guaranteeing real-time settlement, superior security, interoperability, real decentralization, no counterparty threat, while also being totally scalable to fulfill the requirements of institutional financiers. Unlike our rivals, we provide complete assistance of Cardano native tokens and a suite of sophisticated DeFi tools that upcoming tasks require to flourish and flourish.
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