BullPerks smart contract is safe

2 min readAug 18, 2021

BullPerks smart contract is certified secure after successful testing by blockchain security company, Hacken.

BullPerks smart contract is safe

In a media post on June 15, Constantin Kogan, founder of decentralized venture fund and multimodal launch platform, said Hacken has thoroughly vetted its smart contracts. BullPerks, does several penetration tests to check the effectiveness of hacker strategies across different domains.

Specifically, the tests are comprehensive, touching on its architecture and processes.

The Hacken team also performs tests to check if there are holes in the code functionality.

The other steps involve verifying the computer using Mythril and Slither.

The findings from the automated test were manually reviewed. If weaknesses are identified, the analysis team moves them to the assessment overview.

Some of the checks done include looking at whether the code is open to first-time attacks.

In the past, hackers have used this vulnerability in audited code deployed by some DeFi creators to wreak havoc on users.

Other tests include testing for ownership takeover, gas and loop limits, data consistency, unchecked external calls, user balance manipulation, and more .

During the first pass, the security team found two communication problems.

However, there are no serious or serious issues that can affect the functionality of the code, jeopardizing the safety of user funds.

The fact that Hacken is happy with their tests, giving BullPerks code a sane bill is a big motivator considering their ambitious plans.

IDO and BullPerks Value Proposition for Blockchain Projects and Investors

As BTCManager reported, BullPerks allocated $90k in their Whitelist marketing campaign ahead of their IDO, which will take place across three launchpads — Zeroswap, Trustpad, and BSClaunch.

Each launcher is allocated 1.5 million BLP tokens to IDO. BullPerks announced the winners of its $90k whitelist campaign on June 15.

The goal of the campaign is to increase the sale-individual allocation, allowing more members to participate.

Using this protocol, projects can quickly raise funds with support from BullPerks in marketing, public relations, consulting and more.