Web3 Project Due Diligence & Security Assessment

brainbot provides comprehensive due diligence services for Web3 projects combining technical security audits with business viability assessment. Their evaluation services leverage over 7 years of Ethereum ecosystem experience and expertise from building five long-term Web3 projects.

Technical Due Diligence & Smart Contract Audits

The technical assessment includes comprehensive smart contract security audits backed by Ethereum pioneers with expertise dating back to 2014. Their auditing process ensures maximum security through a minimum two-auditor approach, where independent reviewers examine code line by line to comply with the two-man rule. The team is battle-tested through building and launching multiple Web3 projects, accumulating both theoretical knowledge and practical experience in identifying vulnerabilities.

The audit process begins with code screening and comprehensive assessment where auditors notify clients about vulnerabilities in real-time. They provide an intermediary audit report documenting all issues found, followed by a final publishable report. The process includes proposals for remedies and mitigation measures for each vulnerability discovered, with auditors examining client-implemented fixes to ensure proper understanding and resolution. Depending on project requirements, the core auditing team can be enhanced by dedicated specialists in cryptography, legal compliance, and finance.

Business & Strategic Due Diligence

As an experienced venture builder, brainbot conducts thorough analysis of business ideas and validates business model viability based on data, market experience, and ecosystem knowledge. Their idea validation services help assess project viability, team capabilities, tokenomics soundness, and market positioning before significant investment.

The evaluation leverages multi-year experience operating in the Web3 ecosystem, providing comprehensive market knowledge to assess long-term sustainability. brainbot examines technical architecture, protocol design, tokenomics models, governance structures, and go-to-market strategies to provide holistic project assessment.

Comprehensive Assessment Coverage

Their due diligence services work across multiple blockchains and rollups including Ethereum, Optimism, Arbitrum, Gnosis Chain, and Polygon. The team is proficient in Solidity and familiar with a variety of other programming languages used in blockchain development. They are active participants in decentralized audit communities including Code4rena, Sherlock, and AuditOne, further validating their expertise.

Beyond vulnerability detection, assessments include code optimization recommendations to minimize resource consumption, specifically focusing on gas optimization, liquidity efficiency, and runtime performance improvements. The final audit report is written in an easily understandable format and can be freely shared with the community, providing transparency and building trust. Clients receive categorized findings by severity level along with client-side statements, creating a comprehensive security and viability assessment document.