Bug-to-Token Conversion
Last updated
Last updated
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.