CertiK

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CertiK is a verification platform to examine smart contracts and blockchain ecosystems. CertiK proves that they are bug-free and hacker-resistant. According to the developers, the platform has already been developed and is undergoing final testing with real business partners.

CTK token

The CTK token is used as a utility token to pay for platform services. The CertiK platform introduces a new mining scheme called Proof-of-Proof (PoP). The token is a reward to the miner for the calculations related to the verification of smart contracts.

Stock

BinanceLabs, LinkVC, Arrington XRP Capital, NGC, Torque Capital.

Advantages

  • Strong project team
  • High expectations from the project
  • Product novelty
  • Strong funds
  • High probability of listing on Binance

Disadvantages

  • The difficulty of getting to sale
  • No metrics
  • No MVP at the moment, no possibility to check the project code

Competitors

  • Quantstamp - 44 000 000$

The difference from competitors is that Certik develops a fully automatic verification system, and competitors use a large amount of manual labor, which reduces the speed and increases the cost of verification.

See Also on BitcoinWiki