Forta

$FORT

Security is one of the biggest concerns in crypto and Forta addresses it with an all tech and no bullshit approach. I don't like their token model yet. They are issuing tokens for rewards, but there's no business model behind it yet, so there's no reason to buy the token other than to believe in the project. They have delegated democratic governance, so they might be able to fix this if they decide to charge for subscriptions or other products in the future. They could start charging for private detection bots for example. I'll still give them 5 stars since they're pretty new and I haven't seen anything that comes close to it yet.

Forta is a threat detection network that's run by decentralized nodes. The nodes scan blockchain transactions of various chains and send alerts to subscribers when an issue is detected. Developers can create bots and AI models and run them in the Forta network.

This link is interesting. You can see some of the scans that famous networks like Uniswap subscribe to.

Their mission is to monitor all transactions and protect all assets in web 3. Show Less


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