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Smart Contract Audit Token Decentralized Autonomous Organization (SCATDAO) is a new audit paradigm that reinvents the way audits are selected, performed, and financed. With SCATDAO we solve audits inherent problem, the conflict of interest that comes from paying for an audit service. As we have seen with Enron, Tyco, and countless others, the possibility always exists for an auditor to commit fraud to keep their client happy. With SCATDAO, the token holders choose the projects they care for and want to be audited. The audit process is standardized and performed by the community with all services funded by the DAO’s treasury. SCATDAO auditors are incentivized only to provide accurate audit results, regardless of if the results are positive or negative. We are the client, we are the auditor, we are the Smart Contract Audit Token.

Category - Infrastructure
Release - 2022
Social -