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logoCertiK (CTK)

A Cross-chain Protocol with Security Scoring and Decentralized Reimbursements for Building Secure dApps and Blockchains.
  • CertiK Chain is a Delegated Proof-of-Stake (DPoS) blockchain built with the Cosmos SDK. It aims to act as the basis where blockchain infrastructure and decentralized applications can be built securely.
  • With native in-chain features including Security Oracle, CertiKShield Reimbursement Pool, and a secure programming language (DeepSEA), CertiK is built to ensure the security of different types of blockchain products from development to post-deployment.
  • The CTK token is the native utility token of the platform and is used in the following use cases:
    • Gas consumption for smart contract operations;
    • Staking for network consensus;
    • Rewards for participating in the Security Oracle network;
    • Collateral and reimbursements for CertiKShield;
    • Community voting for decentralized network governance.
  • The project has raised 39.43MM USD from two rounds of private token sales, where 38.00% of the CTK total token supply has been sold at 0.77 USD / CTK and 1.90 USD / CTK.

Key metrics (as at October 22nd 2020)

Token TypeBEP-20 / Native token on CertiK Chain
Binance Launchpool Start DateOctober 23rd 2020
Binance Launchpool Allocation1,500,000 CTK (1.50%)
Initial Circ. Supply22,100,000 CTK (22.10%)
Total Token Supply100,000,000 CTK

1. What is CertiK (CTK)?

CertiK Chain is a DPoS blockchain built with the Cosmos SDK. It aims to act as the basis where blockchain infrastructure and decentralized applications can be built securely. Key components of CertiK Chain includes:

  • Security Oracle: Guards on-chain transactions and protects crypto projects from malicious attacks by conducting real-time security checks, powered by a decentralized network of operators. More information can be found here.
  • CertiKShield: Offers flexible, decentralized reimbursements of lost, stolen, or inaccessible crypto assets of any blockchain network due to security issues. By leveraging the real-time Security Oracle scores and CertiK Chain’s governance system, a decentralized network of members may provide collateral, receive rewards, and vote on claim requests to protect the blockchain communities. The list of publicly viewable clients can be found here.
  • DeepSEA: A secure programming language and compiler toolbox compatible with CertiK Chain’s virtual machine, along with the Ethereum WebAssembly and Ant Financial’s AntChain.
  • CertiK Virtual Machine (CVM): Fully compatible with the Ethereum Virtual Machine (EVM), the CVM enables users to access, check, and incorporate smart contract and blockchain security information. This enables smart contracts to change their behaviors based on the security certificates of other smart contracts. For instance, a lending contract may only provide a loan to a DAO contract if it demonstrates provable security.

CertiK has committed 1,000,000 CTK to be used to fund the Binance Smart Chain CertiKShield Reimbursement Pool, enabling members to protect their assets against losses caused by theft or code malfunction.

2. Economics and supply

2.1 Token sale data

Token NameCTK
Private Sale 1 Allocation29,000,000 CTK
Private Sale 1 Token Price0.77 USD / CTK
Private Sale 1 Amount Raised22,330,000 USD
Private Sale 2 Allocation9,000,000 CTK
Private Sale 2 Token Price1.90 USD / CTK
Private Sale 2 Amount Raised17,100,000 USD

2.2 Token allocation

Binance Launchpool1.50% of the total token supply
Private Sale 129.00% of the total token supply
Private Sale 29.00% of the total token supply
Team10.00% of the total token supply
Foundation25.00% of the total token supply
Community Pool17.50% of the total token supply
CertiKShield Pool8.00% of the total token supply
CTK token allocation chart
CTK token Release Schedule

3. CertiK's social and community data

Development activity

Community data

CertiK will initially focus on community building in China, South Korea, North America, and Europe, and will gradually expand to other regions as the project grows.

Current community growth strategies of CertiK include:

  • Working with existing clients to launch CertiKShield Pools.
  • Integrating with major protocols to provide security scores on-chain through the Security Oracle.
  • Working with Binance Smart Chain projects for technical integrations and partnerships.
  • Hosting DeFi tutorials, digital meetups, and giveaways to educate and engage users.
  • Actively communicating with the public via social channels.

Future community growth strategies of CertiK include:

  • Launching CertiKShield yield farming to reward CTK to collateral providers.
  • Partnering with CoinMarketCap and other crypto aggregator sites to integrate security scores and audit report history.
  • Initiating localized Ambassador Programs to hold meetups across the globe.
  • Conducting global online hackathons.

Community and social channels (as at October 22nd 2020)

Twitter (English) | 15.3K Members
Telegram (English) | 4.1K Members
Discord (English) | 664 Followers
Medium (English) | 1.2K Followers