Audit Company
BlockSAFU
Block safu audit company. Audit Smart Contract KYC, Bounty Scammer Platform On All Network
DSA presents a unique series of reports on the smart contract and blockchain app auditor market. This report is published for the first time and is not affiliated with any specific vendor. The DSA expert team has performed an in-depth analysis of the blockchain security providers in the market. For that, a methodology was developed, and specific criteria were selected. The data provided in the report are actual for December 2022.
Contents
The main criteria for auditor review
1
Trustworthiness
At this point, we analyze the team, key players, as well as the experience of the company in the field.
2
Media Presence
In this paragraph, we analyze the social networks of the project, the engagement rate, and media publications.
3
Speed and service
In this paragraph, we analyze the speed of the audit as well as the speed of the team's response to the request.
4
Expertise
At this point, we analyze the company's experience with different networks, technological advancements, as well as additional services.
5
Price
In this paragraph, we analyze prices and additional services (We send the same sample contract to every auditor), sales, promo offers, bonuses, discounts, and legal transparency.
6
Quality
In this paragraph, we analyze audit quality, report analysis, and user experience.
Categories and sub-categories
6 categories are present in the review and each may be divided into sub-categories. Each category is evaluated to receive from 1 to 10 points. The same rule applies to each sub-category and the arithmetic mean value of the sub-categories will become a result of the main category. The main result will be calculated in the same manner.
Trustworthiness
- Team members' separate experiences in the field
- Current team’s experience in the field
- Company experience (years of service, date of the first audit)
Media Presence
- Social media (engagement rate, further – ER)
- Media publications
Speed
- Audit speed
- First response speed (from a real person)
- Follow-up response speed
Expertise
- What blockchains does the company audit (rare chains and language get an additional point)
- Technological advancements (developments, tools, automated tools)
- Services (KYC, Incident research, marketing)
Price
- Prices and additional services (We send the same sample contract to every auditor)
- Sales, promo offers, bonuses, discounts
- Legal transparency
Quality
- Audit quality, report analysis
- User experience
Detailed analysis
6 categories are present in the review and each may be divided into sub-categories. Each category is evaluated to receive from 1 to 10 points. Same rule applies to each sub-category and the arithmetic mean value of the sub-categories will become a result of the main category. The main result will be calculated in the same manner.
Trustworthiness
Average score 1,16/10
1
Team members' separate experiences in the field
There’s a “team” tab on the website. However, all members of the team are anonymous. Instead of their photos user see only avatars, there are no links to their social media accounts. There’s no information about any of the team members.
2
Current team’s experience in the field
Social media doesn’t contain any information regarding the team.
3
Company experience (years of service, date of the first audit)
The first audit was conducted on May 9, 2022, and the last – on Oct 6, 2022. According to the company’s GitHub page, In 5 months the team has performed 77 audits. The table on the company’s website, however, offers a look at 140 audit reports. Despite being a new business, the company has done an impressive amount of work.
Media presence
Average score 0,73/10
1
Social Media
Twitter offers a reasonable amount of engagement but there’s a lack of informative tweets regarding new developments, services, etc. The news presented in the feed is related to the projects under audit.
The company’s Telegram channel has many followers, however, both the engagement rate and viewing rate are low.
The Telegram chat has a lot of users, and it’s constantly moderated. The admins respond to the questions from the community. However, the chat activity is low compared to the number of subscribers.
The company’s Telegram channel has many followers, however, both the engagement rate and viewing rate are low.
The Telegram chat has a lot of users, and it’s constantly moderated. The admins respond to the questions from the community. However, the chat activity is low compared to the number of subscribers.
2
Media publications
Neither the website nor social media pages contain any information regarding media publications. Google shows only one article as a result of the search. The article doesn’t focus on the auditor but on the project audited by BlockSAFU. The auditor is mentioned in only one sentence.
All data is actual at the time of compiling the report in December, 2022.
Twitter - 6.800 subscribers, ER 0.234%
Approximately the account receives:
9.7 likes per tweet
1.7 comments per tweet
4.8 rt per tweet
Place 12 out of 21 among the reviewed auditors
Telegram channel - 8.600 subscribers, ER 0.041%, VR 1.63%
Approximately the account receives:
3.7 eng/post (reactions + comments)
147.2 views/post
Telegram chat - 14.800 subscribers
Twitter - 6.800 subscribers, ER 0.234%
Approximately the account receives:
9.7 likes per tweet
1.7 comments per tweet
4.8 rt per tweet
Place 12 out of 21 among the reviewed auditors
Telegram channel - 8.600 subscribers, ER 0.041%, VR 1.63%
Approximately the account receives:
3.7 eng/post (reactions + comments)
147.2 views/post
Telegram chat - 14.800 subscribers
Speed
Average score 9/10
1
Audit Speed
An audit takes 5-7 workdays.
2
First response speed
After sending a request via the project’s chat, we received a response from the admin within a minute, after which we were redirected to the manager.
3
Follow-up response speed
The response from the manager came within 5 minutes after the initial request.
Expertise
Average score 6/10
1
What blockchains does the company audit
During our communication, the company representative assured us that they audit all networks and develop smart contracts for all EVM chains. All the audits presented on the company’s website, however, are EVM (one is in Ethereum, the rest are BSC). So there is no confirmation for the auditors’ experience in the rest of the chains.
2
Technological advancements
Bounty Scammer - A platform designed by BlockSAFU for finding scammers. This is an interesting product but it’s the only one presented by the company on its webpage.
BlockSAFU Token Scanner - A token search bar.
BlockSAFU NFT Scanner - A token search bar.
BlockSAFU Token Scanner - A token search bar.
BlockSAFU NFT Scanner - A token search bar.
3
Services
The company offers smart contract development services, Token Generator and KYC to its clients.
Marketing services include АМА in the following channels:
https://t.me/HULKSGEMSCALLS - a channel with 22.100 subscribers
https://t.me/sonicwhalescalls - a channel with 12.100 subscribers
https://t.me/Whale_Watchers - a chat with 2.100 subscribers
The auditing company is partnered with PinkSale, so after passing an audit, projects receive a PinkSale badge.
Marketing services include АМА in the following channels:
https://t.me/HULKSGEMSCALLS - a channel with 22.100 subscribers
https://t.me/sonicwhalescalls - a channel with 12.100 subscribers
https://t.me/Whale_Watchers - a chat with 2.100 subscribers
The auditing company is partnered with PinkSale, so after passing an audit, projects receive a PinkSale badge.
Prices and additional services
Average score 4,66/10
1
Audit prices, affordability
The audit price set by the company is $5.400, but the manager offered a discount right away so the price was lowered to $3.000.
The price for auditing our default test project is $5 000. The price is affordable for most project owners.
The price for auditing our default test project is $5 000. The price is affordable for most project owners.
2
Sales, promo offers, bonuses, discounts
Right away, the manager offered a $2.400 discount (approx. 45%). As a bonus, the manager offered an АМА in the company’s community. The АМА is free, however, the client has to provide a giveaway to attract the community. The amount of giveaway is up to the client.
According to the BlockSAFU’s representatives, by ordering an audit from them, a project gains the following:
According to the BlockSAFU’s representatives, by ordering an audit from them, a project gains the following:
- Skynet monitor in realtime with audit results like Certik
- High-Quality Manual Audit With Testnet
- Competitive audit price
- AMA on BlockSAFU Telegram Group
- Free Token Launch Consulting
- Discount Marketing Channel
- Your project will be listed on the company’s website blocksafu.com
3
Legal transparency
The company only accepts payments in cryptocurrency: BUSD, USDT, USDC, BNB, ETH (erc20), BTC, BSAFU, MATIC (poly).
Quality
Average score 0,6/10
1
Audit quality, report analysis
- Issue description (thoroughness, code examples): NO
- Project description and contracts (what do they do): NO
- Conclusions (automatically generated vs written by specialists): NO
- Recommendations: NO
- Manual audits (a large number of automatically generated audits is a disadvantage): NO
The quality of the report is extremely low.
Usually, we review 5-7 random reports and go through them point by point.
2
User Experience
The price of an audit can be requested via the form on the website but since we had specific questions, we chose the option to contact the company through the chat, where we received the manager’s contacts.
The company can also be contacted via e-mail, all contact information is easily accessible.
The company can also be contacted via e-mail, all contact information is easily accessible.
Final Score
Considering the results presented in every category, the following points have been assigned:
1,16/10 Trustworthiness
0,73/10 Media presence
9/10 Speed
6/10 Expertise
4,66/10 Prices and additional services
0,6/10 Quality
The Final Score:
3,69/10
3,69/10
This is the analytic report in a series of reports on the smart contract and blockchain apps auditor market. Presented to you by DSA, it’s guaranteed impartial and factual information on the most well-known, new, and obscure players.
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