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Whitehat Hacker FAQs

Question: How long has OpenBounty been in Web3?​

Answer: OpenBounty is a relatively new but rapidly growing decentralized bug bounty platform, founded in December 2023. OpenBounty is a module of the broader Shentu Chain Security Ecosystem founded in 2019. Shentu Chain is deeply committed to propelling security and trust in decentralized technologies. Shentu Chain aims to empower developers, enterprises, and users with tools and platforms, establishing standards in security and efficiency. With a vision for a more secure, decentralized future, Shentu Chain is dedicated to pioneering solutions that build trust and enhance innovation in the Web3 space.

Question: OpenBounty promotes bug bounties from other bounty platforms and self-hosted projects. Does OpenBounty have formal partnerships with each of the third-party programs hosted on your bounty board?​

Answer: In certain cases yes. We consider bug bounty programs to be open contracts for the broader Web3 community to collaborate on. OpenBounty feels that it is our responsibility to aggregate the best bug bounty programs available regardless if it is hosted directly with OpenBounty or other providers. In doing so, we want to provide a single source for our hacker community to find trusted bug bounty programs to maximize their impacts and efficiency.

Question: Why should I submit my findings via OpenBounty versus the other bug bounty platforms.​

Answer: We are working closely with our hacker community to drive the roadmap of our product. Our ultimate goal is to deliver a fully decentralized bug bounty platform that we believe will benefit the Web3 ecosystem as a whole. By submitting your findings through our OpenBounty we are offering additional support to ensure that your findings are reviewed and resolved in a timely manner. In some cases, we are even offering additional bonuses for reports that you submit through OpenBounty and are accepted for payouts by projects.

Question: Is my information and reports secure with OpenBounty?​

Answer: Yes, we take every measure to ensure security for our Hacker Community and the reports that are submitted.

Question: I don’t see any projects that I find interesting in. Should I still register as a Hacker?​

Answer: Yes, by registering as a hacker you become part of the community voice. We are always reaching out to hackers to find out what skills set they possess, ways to improve our product and understanding what types of projects they want to see us offer.

Question: Are there any bonuses or incentives for joining OpenBounty as a Hacker?​

Answer: Yes, here are a few reasons why joining OpenBounty as a Hacker is beneficial:

  • a. We Pay Extra Rewards In addition to project rewards, hackers can earn an extra payout in CTK, ranging from 10% to 15% CTK as a bonus on certain promoted projects that rotate periodically.
  • b. We Ensure Payments. We have allocated 100K CTK to OpenBounty for an upfront payment of bounties to white-hat hackers.
  • c. We Offer Additional Ways to earn our new referral program helps reward hackers for referring friends or peers that are interested in being a hacker. Learn more about our referral program: https://x.com/ShentuChain/status/1785227679911797158.

Question: Who do I reach out to if I have additional answers?​

Answer: There are multiple ways to reach our team.