Launching the text game is probably the most anticipated event of the Faraland community this month. All preparations have been completed, the final product will be released immediately after being approved by CertiK through the security test. The following article will explain why the audit of a blockchain project is so important:
- What is a security audit?
A security audit is the process of reviewing and checking for bugs, security holes, and code snippets of a project before it is released. The project’s feature updates during development also need to be carefully audited to ensure the product works safely, limiting risks to users and investors. The process is usually done by many parties involved. Audit results will be recorded on Blockchain and reports will be sent to original Developers. Projects that are reviewed and certified by reputable security audit companies are seen as a much better and safer investment by users when they choose tokens to invest in.
2. How important is a security audit to a blockchain game?
The more gameplay functions the games have, the more carefully activities need to be audited. It is because just one flaw in the code will make the game unfair. In a worse case, if the error is too big, it will affect the reputation of the project, possibly causing the token price to plummet, causing immeasurable damage. Many new blockchain game projects have been born lately. Because of their haste and lack of experience in the blockchain field, they followed the trend, releasing products without going through the thorough censorship stage. Therefore, these projects fell to security vulnerabilities and collapsed shortly after its release.
3. The world’s leading blockchain security auditing companies
CertiK is a security company using top-notch official verification technology in collaboration with several cybersecurity experts to create the best services. To date, CertiK has worked with more than 1300 projects, found and fixed over 23,000 security flaws, helping projects to avoid over $90 billion in potential losses. Famous customers of CertiK include: Binance, PancakeSwap, AAVE, Polygon and others.
Hacken offers a wide range of security services to their customers. These services include blockchain security consulting, web/mobile penetration testing, coordination of bug bounty programs, crypto exchange ratings and other related services. Projects that have worked with Hacken: FTX, Bithumb, gate.io, AirAsia, Vechain and others.
Verichains is a company with a world-class team with extensive research and development expertise in security, AI and blockchain technology. They have cooperated with potential projects such as: Tomochain, KyberNetwork, PolyRoll, Axie Infinity and others.
Quantstamp is a blockchain security startup announced at YCombinator W18 Batch. Quantstamp’s security team has experience working at leading IT companies such as Google, Facebook and Apple. In addition, the platform provides expert security assessors for clients’ blockchain projects and a 24/7 security monitoring software tool.
4. How does Faraland’s audit Process look like?
Before being released, Faraland’s products are all thoroughly audited and checked for errors. Normally, after being completed by the development team, the product will be sent to a professional tester department to check for errors first. After this has been done, the product gets sent to famous blockchain security audit companies such as Certik, VeriChains, Quantstamp for further testing.If the product does not meet the security requirements, it will be sent back to the development team for fixing.. This process is very expensive and takes a long time, so only well-funded projects with technology and financial resources can conduct audits with the world’s best security companies. The goal is to build a long-term, safe project and protect the interests of investors.
5. Why does Faraland focus on Audit?
Blockchain game projects are different from other projects as they combine gaming features with finance (so called “GameFi”) and therefore all protocols and operations in the game are related to real money. As a result, there is a lot of risk of being exploited. Moreover, in order to keep the attraction of the game, developers must constantly change, balance, add new mechanisms to attract new players and keep their old ones engaged with the project.
The development process of a GameFi project will always come with regular updates. Therefore, to build a sustainable project, an audit is a very important process and always goes hand in hand with the project. Faraland always tries to build a solid foundation for the long road ahead, so we always prioritize working with world-renowned companies in the field of security audits for the safety of the project.
What is Faraland
Faraland is a role-playing strategy war game for Android and iOS, developed on blockchain by MoonKnight Labs, a company based in Vietnam. The players control the characters of 7 races: Humans, Orcs, Elves, Fairies, Dragonborns, Angels, and Demons — each with different abilities, strengths, intelligence, and agility, to fight with other players in a universe called Faraland. The full game will be released in Q4 2021.
Faraland is an innovation project combining NFT technology and gaming experience. Not only are all exquisitely digital collectibles created using blockchain technology, but all NFT in Faraland can also be integrated into Faraland games later, which will help them increase the value. NFT is the soul of this project. Each Hero, NFT of Faraland, is unique. Each collectible is matchless, genuine, and varies in rarity. Faraland Universe has many different races like human, orc, angel, demon, Dragonborn, elf, and fairy, awaiting for the users to discover.
Faraland is different compared to other NFT projects where NFT is solely used for collection. With many exciting gaming activities, Faraland’s users can use their NFT heroes in many unique ways, from equipping them with powerful weapons or shining armors to engaging them in various thrilling battles. It’s a solid and exciting game with a fundamental and engaging storyline. We also focus on the “play to earn” mechanism, which makes Faraland far beyond a regular game. A variety of options are also available for users, including reinvesting in the game, making your heroes stronger, or cashing out. Our vision is to make Faraland a “dream job” by providing players around the world opportunities to generate regular income from the project.