Hacken and Slowmist Verify the Safety of Refinable’s Smart Contract Code
Security should never be taken for granted, which is why it’s always great to see highly anticipated projects take serious precautions towards securing their application and their future community value. Refinable made sure that we can instill confidence in our users and the larger community by having our smart contract code audited and verified for safety by Hacken and Slowmist, two of the most respected security and code auditing firms.
Together, these firms represent some of the most reputable names in the smart contract auditing business. Their stamp of approval signifies the strict implementations Refinable’s development team has made within their application to appease speculators and future potential users. Together with backing from familiar names like Binance and Mr. Beast, this is yet another showcase of the legitimacy surrounding Refinable’s project.
With the value of collections reaching millions of dollars, it’s no surprise that Non-Fungible Tokens (NFTs) have taken the world by storm. NFTs have become extremely popular among artists, athletes, and celebrities, starting a trend that is showing no signs of slowing down as investors continue to dump millions of dollars into these digitally verifiable and scarce works of art and collectibles. Refinable is working to create a platform that brings all of the capabilities of NFTs to the Binance Smart Chain (BSC), offering users the opportunity to operate with NFTs on a comparatively cheaper basis.
It’s vital for a platform that plans to handle NFT transactions on the most popular centralized DeFi and smart contract network to be highly secure. The cryptocurrency industry, even with expert developers completing the infrastructure, has experienced too many hacks and exploitations which leaves no room to compromise on security. That is precisely what Hacken and Slowmist provide with their security audits.
Following the completion of these audits, Refinable has moved one step closer to achieving our goal of bringing full NFT capabilities to the BSC. A lot of NFT usage currently occurs on Ethereum, but as fees remain unsustainably high, Refinable’s platform introduces a viable solution on a more accessible platform for active and regular traders and speculators at reasonably low costs. With the confirmation from Hacken and Slowmist that Refinable is good-to-go in terms of internal code security, we can officially tick safety precautions as done from their to-do list.
Invested by Binance and Mr. Beast, Refinable is the first major NFT marketplace on BSC, empowering both individual creators and beloved brands to easily and affordably create, discover, trade, and leverage NFTs. Supporting all communities who are engaging with NFTs is Refinable’s mission, we look forward to empowering the next generation of digital transactions.