Solidified
Solidified
Token: SOLID


Solidified introduces the first fully decentralized smart contract audit process and Bug Prediction Market

ICO dates
Start date: 2018-07-23
End date: 2018-10-23

Registrated in: Gibraltar

Platform: Ethereum
Type: ERC20

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Solidified categories
Smart Contract Security/Identity Platform
Solidified whitepaper
Video
Solidified token sale
KYC passing required Yes | Whitelist Yes | Restriction for countries Afghanistan,Albania,Algeria,American Samoa,Andorra,Angola,Anguilla,Antarctica,Antigua and Barbuda,Armenia,Aruba,Australia,Austria,Azerbaijan,Bahamas,Bahrain,Bangladesh,Barbados,Belarus,Belgium,Belize,Benin,Bermuda,Bhutan,Bolivia,Bosnia and Herzegovina,Botswana,Bouvet Island,Brazil,British Indian Ocean Territory,Brunei Darussalam,Bulgaria,Burkina Faso,Burundi,Cambodia,Cameroon,Canada,Cape Verde,Cay
Soft cap No Soft Cap (no reimbursements)
Hard cap 2,400,000 SOLID tokens (36,000ETH)
Tokens for sale 2400000
Token distribution in ICO
60%
60%
Minimal investment 0.5 ETH
Acceppting ETH
Bonus in ICO 1st month: -20% discount
Solidified introduces the first fully decentralized smart contract audit process and Bug Prediction Market. In a bug prediction market, actors can bet on whether a vulnerability will be discovered in a smart contract by a certain date. The basis for such a market is a smart contract that has been audited and secured by an individual or a group of auditors using the Solidified platform. These actors are held accountable for securing the code by having staked income and reputation in form of the SOLID token
Solidified news, social
Solidified search trends in Google
Random whitepaper excerpts

1 Introduction
10
1.1 Audit and Bug Bounty
12
1.2 Bug Prediction Market
13
2 Motivations
15
3 Proposed Platform Process
16
3.1 Audit Request
16
3.2 Auditing Phase
17
3.3 Bug Bounty Phase
17
3.4 Bug Prediction Market Phase
17
4 Mechanisms
19
4.1 Code Revisions
19
4.2 Collective Auditing
19
4.3 Bug Log Registry
20
4.4 Certification of Compiled Bytecode
20
4.5 Prediction Market Participants’ Incentives
20
4.6 Bug Verification Oracle
21
4.6.1 Arbitration Fee
23
4.6.2 Jury Selection
23
4.6.3 Schelling Game (voting process)
24
4.6.4 Alternative Tacit Coordination Schemes
25
4.6.5 Solidified Ltd as Centralized BVO
26
4.7 Prediction Market Structure
26
4.7.1 Automated Market Makers
27
4.7.2 Batch Auctions
27
4.8 Governance & Arbi...

IMPORTANT LEGAL NOTICE
PLEASE READ THIS SECTION AND ALL THE FOLLOWING
SECTIONS CAREFULLY. IF YOU ARE IN ANY DOUBT AS TO
THE ACTION YOU SHOULD TAKE, YOU SHOULD CONSULT
YOUR LEGAL, FINANCIAL, TAX OR OTHER PROFESSIONAL
ADVISOR(S).
This whitepaper does not constitute an invitation or inducement to en-
gage in any investment activity nor form part of any advice to sell, or
any solicitation of any offer, by Solidified Ltd (“Solidified”) or any
third party (as applicable, the “Distributor”) to purchase any tokens of
Solidified, nor shall it or any part of it, nor the fact of its presentation,
form the basis of, or be relied upon in connection with, any contract or
investment decision.
No person is bound to enter into any contract or binding legal commit-
ment in relation to the sale and purchase of the tokens, and no crypto
-
currency or other form of payment is to be accepted, on the basis of this
whitepaper alone. Any agreement between the Distributor and you i...

In the event of any inconsistencies between the Agreement and this
whitepaper, the Agreement shall prevail.
Without prejudice to any other limitations set out in the Agreement, you
are not eligible and you are not to purchase any Solid Tokens if you are
a citizen or resident (tax or otherwise) of any jurisdiction in which the
offer and sale of the Solid Tokens is prohibited.
No regulatory authority has examined or approved of any of the in-
formation set out in this whitepaper. No such action has been or will
be taken under the laws, regulatory requirements or rules of any juris
-
diction. The publication, distribution or dissemination of this whitepa
-
per does not imply that the applicable laws, regulatory requirements or
rules have been complied with. Any Solid Tokens could be impacted
by regulatory action, including potential restrictions on the ownership,
use, or possession of such tokens. Regulators or other circumstances
may demand that the mechanics of the Solid ...

CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS
All statements contained in this whitepaper, statements made in press
releases or in any place accessible by the public and oral statements
that may be made by Solidified or its directors, executive officers, emp
-
loyees or agents acting on its behalf, that are not statements of historical
fact, constitute “forward-looking statements”. Some of these statements
can be identified by forward-looking terms such as “aim”, “target”,
“anticipate”, “believe”, “could”, “estimate”, “expect”, “if”, “intend”,
“may”, “plan”, “possible”, “probable”, “project”, “should”, “would”,
“will” or other similar terms. However, these terms are not the exclu
-
sive means of identifying forward-looking statements. All statements
regarding Solidified’s financial position, business strategies, plans and
prospects and the future prospects of the industry which Solidified is
in are forwar...

(f)
changes in the availability and salaries of employees who are
required for Solidified to operate its business and operations;
(g)
changes in preferences of customers of Solidified;
(h)
changes in competitive conditions under which Solidified opera
-
te, and the ability of Solidified to compete under such conditions;
(i)
changes in the future capital needs of Solidified and the availa
-
bility of financing and capital to fund such needs;
(j)
war or acts of international or domestic terrorism;
(k)
occurrences of catastrophic events, natural disasters and “acts
of God” that affect the businesses and/or operations of Solidi
-
fied;
(l)
other factors beyond the control of Solidified; and
(m)
any other risks and uncertainties associated with Solidified and
its business and operations, the Solid Tokens and the sale of So
-
lid Tokens.
All forward-looking statements made by or attributab...

RISKS AND UNCERTAINTIES
Prospective purchasers of Solid Tokens (as referred to in this whitepa-
per) should carefully consider and evaluate all risks and uncertainties
associated with Solidified and its businesses and operations, the Solid
Tokens and the sale of Solid Tokens, all risks, uncertainties and other
information set out in the Agreement and this whitepaper, prior to any
purchase of Solid Tokens. If any of such risks and uncertainties deve-
lops into actual events, the business, financial condition, results of ope
-
rations and prospects of Solidified could be materially and adversely
affected. In such cases, you may lose all or part of the value of the Solid
Tokens. Solidified’s business is subject to various laws and regulations
in the countries where it operates or intends to operate. There is a risk
that certain activities of Solidified may be deemed in violation of any
such law or regulation. Penalties for any such potential violation would
be unknown. Additiona...

sources believed to be reliable, but there can be no assurance as to the
accuracy or completeness of such included information.
Save for Solidified and its directors, executive officers and employees,
no person has provided his or her consent to the inclusion of his or her
name and/or other information attributed or perceived to be attributed
to such person in connection therewith in this whitepaper and no repre-
sentation, warranty or undertaking is or purported to be provided as to
the accuracy or completeness of such information by such person and
such persons shall not be obliged to provide any updates on the same.
While Solidified has taken reasonable actions to ensure that the infor
-
mation is extracted accurately and in its proper context, it has not con
-
ducted any independent review of the information extracted from third
party sources, verified the accuracy or completeness of such informa
-
tion or ascertained the underlying economic assumptions relied upon <...

relied upon as having been authorized by or on behalf of Solidified.
The sale of Solid Tokens shall not, under any circumstances, constitute
a continuing representation or create any suggestion or implication that
there has been no change, or development reasonably likely to involve
a material change in the affairs, conditions and prospects of Solidified
or in any statement of fact or information contained in this whitepaper
since the date hereof. Accordingly, this whitepaper is subject to change.
DISCLAIMER OF LIABILITY
To the maximum extent permitted by the applicable laws, regulations
and rules, Solidified shall not be liable for any indirect, special, inci
-
dental, consequential or other losses of any kind, in tort, contract or ot
-
herwise (including but not limited to loss of revenue, income or profits,
and loss of use or data), arising out of or in connection with any reliance
on this whitepaper, or acceptance of the T&Cs, or any part thereof by
you.
R...

Solidified Roadmap

1
Q3 2018
Launch the Bug Verification Oracle V1 for centralized bug dispute arbitration.
2
Q1 2019
Launch a beta of the Bug Prediction Market to testnet. Extensive testing of the security confidence metric.
3
Q2 2019
Develop the Early Warning System based on Bug Prediction Market. Integrate Nexus Mutual smart contract cover assurance into BPM.
4
Q3 2019
Launch the Bug Prediction Market to Mainnet. Decentralized Audit and Bug Bounty platform development begins.
5
Q4 2019
Automatic price recommendation engine for audits based on attack surface and complexity. Solidified Stamp V2 based on BPM derived security confidence metric.
Eduard Kotysh
Team member Eduard Kotysh CEO and Founder

Robert Hohman
Adviser Robert Hohman Business Adviser

Rob Hitchens
Adviser Rob Hitchens Blockchain Adviser

Alexander Rysenko
Team member Alexander Rysenko Director of Engineering

Rob Stone
Team member Rob Stone Lead Designer

Joao Carvalho
Team member Joao Carvalho Smart Contract Developer

Nick Munoz-McDonald
Team member Nick Munoz-McDonald Audit Expert, Researcher

Adam Kolar
Team member Adam Kolar Audit Expert, Researcher

Oskar Triebe
Team member Oskar Triebe Machine Learning Expert

Illia Tokarenko
Team member Illia Tokarenko Full Stack Engineer

Julian Bauer
Team member Julian Bauer Communications Designer

Tammo Mamedi
Team member Tammo Mamedi Communications Strategist

Ulrike Gregor
Team member Ulrike Gregor PR Director

Carlos Essus
Team member Carlos Essus PR Manager

Tammo Mamedi
Tammo Mamedi
Communications Strategist
UI/UX Design
OVERNICE – MARKETING SPECIALIST
Julian Bauer
Julian Bauer
Communications Designer
UI/UX Design
OVERNICE – MARKETING SPECIALIST
João Carvalho
João Carvalho
Solidity Developer