Today we are excited to announce a partnership with Quantstamp to secure our Ink Protocol Smart Contract! Our team has been a fan of Quantstamp for some time and are impressed not only with their technology but also with their approach to building and supporting their community. Their Proof-of-Caring initiative directly rewarded the most active and passionate community members and is a model for how communities should be built.

The Ink Protocol Smart Contract works to enable decentralized reputation. The contract handles every Ink Protocol transaction, including the payment, escrow, optional dispute resolution, and of course feedback and reputation. All feedback is tied to a verified purchase on the Ethereum blockchain, so security is not just important, it is the foundation of every transaction.

Quantstamp is a scalable security-audit protocol designed to find vulnerabilities in Ethereum smart contracts. We will be using their technology and community to perform a full security audit on Ink Protocol. Their proof-of-audit protocol will ensure that Ink is bug-free and secure. After the audit is complete, the audit report will be publicly available for the entire community to see.

Like Quantstamp, Ink Protocol is all about fostering a genuinely supportive community of users that will keep the network growing and strong. To this end, we are even more excited to announce that we will be showing our appreciation to the most supportive and passionate members of the Quantstamp community by airdropping 2% of the total Ink Protocol Token (XNK) supply to them over the course of several months. Ink protocol is committed to compliance, Quantstamp community members from the US, Canada and China are currently ineligible for these airdrops — for the time being — we will make sure to update you when there is an update.

The schedule for the Ink Protocol Token airdrops is as follows:

0.5% will be distributed on 2/28.

0.5% will be airdropped in April.

0.5% will be airdropped in July.

0.5% will be airdropped in October.

This is our way of saying thank you to the community for supporting this ground-breaking technology and also introducing the community to one of the first real world applications of that technology in a consumer product that everyone can use.

We will be launching our product immediately after the token sale starting late January. Check our token sale blog post for more details and updates. With Quantstamp’s help, we will be the first to provide a secure, decentralized reputation and payment system that can be used on any peer-to-peer marketplace, starting with our very own marketplace called Listia. Our goal is to make sure centralized marketplaces can no longer monopolize and charge high fees on top of your hard-earned reputation!

To register for the Quantstamp Proof-of-Caring v2 airdrop, please visit this portal.

To learn more about Ink Protocol— click here.

To learn more about Quantstamp — click here