NFT Due Diligence by QuillAudits

Due Diligence underpins all successful NFT projects and trades.

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Why Get Your Project A Diligence By QuillAudits

Having a due diligence done by a competent firm is a must have for any project, and with the expertise of QuillAudits it will be done flawlessly. The due diligence process for NFT is based on the comprehensive approach we follow to investigate the code for security flaws and potential vulnerabilities, and the best possible ways to mitigate them.

security

About NFT Due Diligence

NFTs are today exchanging hands at a tremendous value, as evident from an artwork of an NFT artist Beeple selling for a whopping $69 million in a Christies Auction. On Axies Infinity, a gaming platform, a virtual property seller sold a digital estate at $1.5 million dollars. While these stupendous volumes are prompting the launch of new NFT projects and startups, it is also attracting artists, gamers, sellers, traders, and many more to test and try their luck.
Problem is the lucrative terrain is also attracting cyber-criminals who want to make some quick money. There are also some peculiar issues that threaten to wipe out the entire investment of the entrants. Due Diligence can protect the NFT entrepreneurs, investors, and traders from such loss.

SAFEGAURD

Threat vectors in NFT

Contrary to perception, the NFT is not the underlying item purchased itself, but a sort of certification about the ownership of virtual assets. Here are a few major threat vectors that might push your NFT venture off the rails.

Security

Security

Problems like account hacking, creation of unauthorized NFT versions, plagiarism, and more have trickled into the ecosystem.

Coding Errors

Coding Errors

Code mistakes may translate into gaping holes leaking out millions of the NFT owner.

Accessibility

Accessibility

Without contractual obligation, the virtual asset underlying the NFT may go inaccessible.

NECESSARY

Benefits of NFT Due Diligence

Conducting Due Diligence is imperative to prevent your NFT from turning into a bubble waiting to burst. Anyone wishing to participate in an NFT transaction needs to be aware what is transacting under the hood. A few salient features of NFT Due Diligence are under-given.

Prevention of NFT Counterfeiting
Prevention of NFT Counterfeiting

Minting of the NFTs in the asset owners wallet without their knowledge happens because of an anatomical defect in smart contracts. Due Diligence can detect the issue, nipping it in the bud.

Code Patch-up
Code Patch-up

Simple mistakes while coding could result in unexpected consequences. Due Diligence helps in discovering the severity of errors in time and taking adequate remedial steps.

Check Gaps in Minting Process
Check Gaps in Minting Process

Verifiable authenticity of an NFT is the direct outcome of how it was minted. Our team checks the process threadbare to ensure proper and secure minting.

Ensure accessibility of virtual asset
Ensure accessibility of virtual asset

If the virtual asset beneath NFT is corrupted or removed, the buyer will lose access. To ensure this, we ensure the smart contract provides for hosting of virtual asset in an accessible format.

Process

How we Process

Process Flow Diagram
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THE DETAILS

Our Smart Contract Security Blueprint

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A Comprehensive Look at Hacks and Scams in Web3

Between 2012 and 2019, approximately $700 million was lost to hackers, with a low 0.2% recovery rate.

In 2020, $300 million was lost to hacks, but $55 million was recovered with an 18% recovery rate.

In 2021, Web 3.0 saw an immense loss of $2.3 billion, but $652 million of the funds were returned to victims, the highest recovery rate to date.

In 2022, Web 3.0 projects lost ~$4 billion to hacks, scams, and exploits, surpassing the total funds lost between 2012 and 2020.

Hacks GraphCurious about the most common types of vulnerabilities and attack vectors in the Web3 space? Our Hackerboard can help you stay informed

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Latest Work

Therapoid Smart Contract Audit Report

Therapoid Smart Contract Audit Report

TheRugGame Smart Contract Audit Report

TheRugGame Smart Contract Audit Report

Bored & Lucky Smart Contract Audit Report

Bored & Lucky Smart Contract Audit Report

PixelWar Smart Contract Audit Report

PixelWar Smart Contract Audit Report

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Why QuillAudits

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850+
Audits Completed

Money Bag

$30B
Secured

Software Development

800k
Lines of Code Audited

Years of Experience

5+
Years of Experience

TESTIMONIALS

What our Clients are saying

PI-Protocol

I can absolutely recommend working with QuillAudits, great work together, high level of advising and reviewing!

Gorden Kirisits

Gorden Kirisits

PROJECT FOUNDER, PI - PROTOCOL

BCUBE

You guys rock, and I really will stick with you guys. I will even look at the opportunity to go to other services that you are providing.

Erwan Rouzel

Erwan Rouzel

CTO, BCUBE

Azomland Metaverse

The whole experience was good, from the beginning to the delivery of the final certification certificate. Undoubtedly a professional job and with a focused attention to understand the project. 100% recommended.

Niccolas

Niccolas

CEO, Azomland

BetSwirl

On top of doing our security audit, the team identified ways to decentralize further the governance and management of our smart contracts.

Romuald Hog

Romuald Hog

Co-Founder, BetSwirl

Pandora Finance

Our experience with QuillAudits was pretty good. They helped us improve our protocols in many spectrums, security being one of them.

Pushkar Vohra

Pushkar Vohra

CEO, Pandora Finance

Polylastic

While researching similar companies, I came across QuillAudits and from the moment we first contacted, we were constantly supported and the process went smoothly.

Niko Sairanen

Niko Sairanen

Technology Director

Pathfund

The whole experience was far better than we expected. The reports given by quill team were outstanding and we do see quill as one of the top auditing companies currently. If things evolve in the same way as until now, we predict that quill has everything it needs to be the top company for auditing.

Alexander

Alexander

CEO, Path Fund

Aquarius Exchange

Quillhash team was very meticulous in planning our smart contract audit and they did a very good job identifying issues with our code and also provided us with a crystal clear understanding of the potential fix as well. The Audit report is comprehensive and have a pretty smooth flow as well.

Varun Singhi

Varun Singhi

Blockchain Business Strategies

Kichee

QuillAudits helped us with the auditing of our smart contract and even helped us with amazing feedback! It was a good experience with them and hope to work again with them.

Ambar Gupta

Ambar Gupta

Head of Technical Development,Kichee

CXN Network

It was an awesome experience with QuillAudits, for sure. Everything was fast, smooth and perfect; I can't seem to see any loophole

Azeez Ibrahim

Azeez Ibrahim

COO, CXN Network

Finblox

I enjoyed working with QuillAudits because they were very responsive and patient with us. They followed up with us professionally and overall a positive experience with everyone.

Charlie Phan

Charlie Phan

Head of Operations

Sportiqo

It was quite a wonderful service and the customer experience was top-notch.

King Favour

King Favour

Team Member

V2SOFT

QuillAudits were very professional in executing the audit and providing valuable suggestions to V2SOFT. Their quick turnaround and style of audit is really commendable.

Naveen Namperumal

Naveen Namperumal

Delivery Head

BITLEARN GALAXY

It was really awesome experience working with QuillAudits, best thing about QuillAudits is their expert team committed to provide their best service in stipulated time. The Best

Qais Qasim

Qais Qasim

Team Member

Starly

Very satisfied. You were the ones who could start the audit much earlier than others.

Valery Leushin

Valery Leushin

CTO

Jadu.ar

The complete Audit process from beginning to delivery was Smooth.

Arpit Toshniwal

Arpit Toshniwal

Project Manager

AssetMantle

The process was made quite simple by QuillAudits. The turnaround time was less which was favorable for us.

Kamlesh Parikarath

Kamlesh Parikarath

Product Manager

CryptoUnity

The team was very helpful at solving problems that they identified at reviewing our smart contract.

Sandi Špenko

Sandi Špenko

Founder

WalliD

Pretty fast process and good reporting.

Filipe Veiga

Filipe Veiga

Founder

Enedex

The auditing process was professional and on-time.

Pavuk

Pavuk

Team Member

The Centaurus.io

Very Knowledgeable, professionals, very smooth experience. Thank you for your professionalism.

Shaker Sangam

Shaker Sangam

Founder

UrDEX Finance

All great, quick response, high efficiency, high responsible team.

Son Pham

Son Pham

Founder

Zenland

Everything was top-notch. Its our first experience with audit agencies. Happy so far.

Dior Khasanov

Dior Khasanov

Founder

Tryvium Travels

Very skilled people, kind. Overall very good experience with QuillAudits.

Alessandro Sanino

Alessandro Sanino

CTO

Voltage Finance

Amazing service and attention to detail!

Voltage Finance

Voltage Finance

Team Member

AI Pepe

Our overall experience with QuillAudits was exceptionally positive. Their smart contract audit services demonstrated expertise, thoroughness, and clear, timely communication, instilling confidence in the security of our smart contract. They not only met deadlines but also delivered results promptly. We highly recommend QuillAudits as a trusted partner for smart contract security.

AI Pepe

AI Pepe

Team Member

Polygon DAO

QuillAudits provided security enhancements for Polygon projects, earning positive feedback for their prompt and high-quality service as an auditing partner.

Polygon DAO

Polygon DAO

CORE TEAM

DCOM

All great, quick response, high efficiency, high responsible team.

DCOM

DCOM

Team Member

Melodity

Got a smart contract audit for 10 contracts, spetted and helped solving multiple bugs.

Melodity

Melodity

Team Member

Archean Resources Pty Ltd

The service was extremely professional on time and budget. The staff are all well trained and know their tasks. Very satisfied.

Archean Resources Pty Ltd

Archean Resources Pty Ltd

Team Member

Advon LLC

It was just fantastic. Created a safe and secure contract audit.

Advon LLC

Advon LLC

Team Member

Stage4All

We had a great experience working with QuillAudits! Communication was perfect and they delivered on time! Besides working closely with our devs they also took the time to explain their findings to our management who dont have the same level of deep understanding about smart contracts.

Stage4All

Stage4All

Team Member

Redefined

Very responsive, fast and detailed audits by QuillAudits.

Redefined

Redefined

Team Member

Last Man Standing

They have been very helpful and cooperative with us, we cant thank them enough for giving us this opportunity :)

Last Man Standing

Last Man Standing

Team Member

Taisys Technologies

We have sent 6 smart contracts for auditing and experienced the quality auditing service from QuillAudits.

Taisys Technologies

Taisys Technologies

Team Member

MetaMerce

QuillAudits is always as expected fast, efficient, supportive.!

MetaMerce

MetaMerce

Team Member

SpaceFi

QuillAudits delivered the audit Fast with professional service.

SpaceFi

SpaceFi

Team Member

ArtSwap, LLC

QuillAudits services are Professional, timely, and cost-effective.

ArtSwap, LLC

ArtSwap, LLC

Team Member

Shamlatech

It was a Great experience getting our Audit done by QuillAudits.

Shamlatech

Shamlatech

Team Member

Crepe Inc

You are kind, smart and communicative, it was a pleasure to work with you.

Crepe Inc

Crepe Inc

Team Member

StrongHands

Guys are really fast and are hardworking to deliver the best experience.

StrongHands

StrongHands

Team Member

Ginoa

Fast & Clean.

Ginoa

Ginoa

Team Member

Mrweb Finance

The whole audit process was done within a desirable time frame. The team demonstrated a high level of professionalism in dealing with us.

Mrweb Finance

Mrweb Finance

Team Member

CrickDAO

It was super smooth and the whole process with QuillAudits was beyond the expectations. As a start-up we guys are looking for something genuine & QuillAudits is way ahead of our expectations.

CrickDAO

CrickDAO

Team Member

ChainCollection

Initially when we talked with Audit company they said they will deliver it on so and so day but it was delayed by 3-4 days. Reason behind this was complexity of our contract [5000+] which took longer for them and they did it with complete responsibility. Their recommendation also helped us a lot in later stage so I would recommend if any of my friends looking for Audit.

ChainCollection

ChainCollection

Team Member

Bitsliced

Fast, professional, and always a quick response.

Bitsliced

Bitsliced

Team Member

Cronospad Technology Limited

It was really smooth. Team at QuillAudits cooperated and helped us know the vulnerabilities in our smart code and also suggested possible ways to fix. Excellent support during the process.

Cronospad Technology Limited

Cronospad Technology Limited

Team Member

CrazySnake

QuillAudits is a professional and attentive auditing firm.

CrazySnake

CrazySnake

Team Member

Carpe Diem Savings

It felt like the auditing team was available within a short timeframe, which was excellent. The auditing process looked thorough, and I really appreciate the fact that you took time to investigate GAS optimizations. However, some issues found were a bit far-fetched and in were not about the security.

Carpe Diem Savings

Carpe Diem Savings

Team Member

PlayTrade Win

Service from QuillAudits was Smooth as silk.

PlayTrade Win

PlayTrade Win

Team Member

FAQ

Frequently Asked Questions

Visit our FAQs help centre to clear out any doubts or queries you may have regarding us and our services. or reach out to us directly at Telegram.

Explore FAQs
What is NFT?

NFT is a cryptographic token bearing an emblem of ownership.

What is Due Diligence in general?
What is the objective of Due Diligence in NFT?
Is Due Diligence imperative for security in launching NFT projects and trading?
What does minting refer to in NFT space?
What makes minting such an important process for NFT’s security?
Which kind of Due Diligence QuillAudit offers?

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