Proposal in one sentence:
Rektify AI is an AI-powered Web3 security & risk analytics platform offering attack literacy, vulnerability detection & intrusion prevention for Web3 projects & users.
Description of the project and what problem is it solving:
Hacks, scams, and exploits are not nascent to the blockchain space; attacks cause projects and users billions of dollars each year creating opportunities for more ameliorate security solutions.
A few Downside risks & challenges of DeFi
- No consumer protection
- Poor performance
- Un-audited code
- High risk of error
- Bad user experience
- Cluttered ecosystem
- Shadowy super-coders (hackers)
- Collateralization
- Private key custody
Just in the past 2 years we’ve lost more than $16 billion in attacks in the blockchain industry, which is projected to double by the year 2026. Both projects and end-users want to protect themselves so we offer suites for both customers.
The data portal is intended to be used by end-users to receive access to risk dashboards that display data visualizations and metrics that capture the risk profile of crypto projects.
Prominent risk factors in crypto:
- project founders
- team (experience)
- quality documentation (comments, architecture, code analysis)
- protocol growth
- transparency with token holders
- etc.
For Web3 projects, we offer affordable smart contract auditing and access to our API that stores historical time-series data and on-chain activity pertaining to Web3 attacks.
Grant Deliverables:
-
Construct data cleaning using OpenRefine and recommended data cleaning tools for the master dataset for the REAL API.
-
Convert dataset to Airtable to primed for the web application launch.
Squad
DeMarcus Edwards - AI Engineer
Justin Stewart - Cybersecurity Specialist, Github: Jnstiu (Sneak peek of Justin and teammate winning hackUMBC '22 using Rektify AI’s REAL API: https://devpost.com/software/trustdefi
Michael Adewale - UI/UX designer
ilhan Jama - Cloud Engineer (Sneak peek of ilhan’s renown newsletter UnlearningX teaching the masses about Web3, cybersecurity, and emerging tech: https://mobile.twitter.com/unlearningx
Jasmine Brunson - Founder and Data Scientist, Github: @BubblyOrca (Sneak peek of our founder in high school (circa 2016) winning a Congressional App Challenge on her game uplifting cryptography education.