Otacon - Research & Development
  • Welcome
  • Overview
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  • Otacon
    • Overview
    • Bug Scanning
    • Bug-to-Token Conversion
    • Proof of Concept
    • Submission
    • Revenue Share
    • Revenue Modifiers
  • Future
    • Scanning Accuracy
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    • Tokenomics
      • OTACON Utility
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  • Otacon [version 1.0]
    • Bug Bounty Management
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  1. Otacon

Bug-to-Token Conversion

PreviousBug ScanningNextProof of Concept

Last updated 1 year ago

Once vulnerabilities are detected, Otacon has the ability to log their details onto a blockchain network, ensuring the immutable record-keeping of security risk exposures. But instead of simply documenting vulnerabilities, Otacon transforms them into “Proof of Bug” assets, with financial properties.

Represented by a non-fungible token (NFT) on the blockchain, a Proof of Bug serves as an immutable and portable proof of discovery that can be traded for value in blockchain-based protocols. As such, they enhance security while fostering an active community of contributors.