Fantic Token Passes Independent Smart Contract Audit

Fantic Token Passes Independent Smart Contract Audit

user avatar

by Alexandra Smirnova

a year ago


The "Fantic" token has successfully passed the smart contract audit, marking an important step in its further development and implementation. Fantic is part of the Dappexpert ecosystem, which highlights its significance for the project and its users. In recent years, more attention has been paid to the security of smart contracts, especially in the context of the blockchain economy. Therefore, the Dappexpert project team decided to undergo an independent audit to guarantee maximum protection for its users and confidence in the security of their funds.

The audit was conducted by SolidProof, known for its high standards and expert approach to smart contract verification. The results of the audit showed that the "Fantic" token's smart contract does not contain any high or medium critical issues, confirming its reliability and security. Additionally, the token scored 67 points in the audit, confirming its compliance with strict security standards. This positive report serves as confirmation of the high quality of the code and a signal to the ecosystem participants that the Dappexpert project takes security and transparency seriously.

During the audit, several important aspects of the contract’s security were confirmed, including the absence of privileges for the smart contract owner. For example, the owner cannot create new tokens (mint), block users' funds, change fees, or burn tokens without proper permissions. The smart contract is not upgradable, which further enhances its reliability.

Key audit report results:

  • Absence of critical issues: The audit did not identify any high or medium critical issues in the smart contract, confirming its security.

  • High score: The "Fantic" token scored 67 points in the audit, confirming its reliability.

  • Limited privileges for the owner: The owner of the smart contract cannot perform critical actions such as creating new tokens or blocking users' funds.

  • Full report: A detailed audit report is available for review, providing transparent information to all project participants. The report can be found here.

The completed audit and positive results have become an important milestone in the development of the "Fantic" token, strengthening trust among users and participants in the ecosystem.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Jay Clayton Transitions from Crypto Regulation to AI Leadership

Jay Clayton transitions from regulating cryptocurrency to leading U.S. government's AI initiatives.

user avatarDavid Robinson

Trump Launches New Task Force to Lead in Artificial Intelligence

President Trump has announced the creation of a Super Intelligence Force to coordinate federal efforts in maintaining U.S. leadership in artificial intelligence.

user avatarAndrew Smith

Getty Images Stock Trading Suspended by NYSE

The New York Stock Exchange has suspended trading of Getty Images stock as of September 29, 2023, due to the company's ongoing financial issues and significant debt.

user avatarJacob Williams

Getty Images Faces Bankruptcy Risks Amid Rescue Financing Talks

Getty Images is in confidential discussions with lenders for a rescue financing deal, which may lead to bankruptcy and a lender takeover.

user avatarZainab Kamara

Tavus Launches Griffin, a Revolutionary AI for Human Interaction

Tavus introduces Griffin, an AI model that convincingly simulates human conversation during live video calls.

user avatarAyman Ben Youssef

Griffin Outshines Previous AI Models in Live Conversation Tests

Griffin outperforms its predecessor GriffinLite and other AI models in live conversation tests.

user avatarSon Min-ho

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.