An Audit is a security focused review of code, it is used to discover bugs, vulnerabilities and potential of future failures. But the key thing to remember is that an audit is not a guarantee of complete safety of the smart contract; instead, it is a best effort approach to find bugs and security issues.

If you’re building dApp in Web3 and developing smart contract then it is important to ensure that your smart contract doesn’t have any known vulnerabilities, use best practices, optimized for the gas usage otherwise it may cause you forever loss of funds.

Actual cost depends upon the several factors such as smart contract type, lines of code, level of complexity, vulnerability scan, etc. However, Scrutify does provide a basic audit for free. Check pricing page for more details.

In most of the cases we generate report in 3 business days. But that may also take take a week or two depending upon the complexity of the project.

First we collect all the requirements. Second, our team of security experts review the smart contract code and identify vulnerabilities if any. Third, we start preparing the smart contract audit report. Fourth, we do the social media  announcement and PR.

Yes, our development team can help fix the identified vulnerabilities but that is a paid service. An additional bill will be raised to fix the vulnerabilities.

With innovation, comes the risk of attacks, and web3 is no exception. Approaching Web3 security can surely be a challenging task, but taking the right steps can make it a lot better. Visit Web3 Security to learn more.