Announcing the Ibiza Token smart contract audit
We are thrilled to announce that IBZ ERC-20 Token smart contract has been successfully audited by the German company Chainsulting.
The audit has been signed-off on 21th of May 2021 in order to guarantee the security and reliability requirements of the Ibiza Token Smart contract in view of the official launch expected on June 2021.
The Chainsulting team of expert pentesters and smart contract developers has impeccably taken care to evaluate the repository for security-related issues, code quality, and adherence to specification and best practices by reviewing line-by-line the Ibz contract in order to document any issues as there were discovered.
As stated in the Audit Report Executive Summary:
Two (2) independent Chainsulting experts performed an unbiased and isolated audit of the smart contract codebase.
The final debrief took place on May 21, 2021.
The overall code quality of the project is very good, not overloaded with unnecessary functions, which is greatly benefiting the security of the contract. It correctly implemented widely-used and reviewed contracts from OpenZeppelin and for safe mathematical operations.
The main goal of the audit was to verify the claims regarding the security of the smart contract and the claims inside the scope of work. During the audit, no issues were found after the manual and automated security testing.
In conclusion, Chainsulting states that the Ibiza Token Smart Contract maintains effectiveness towards the monitoring and resistance to many known security breaches.
You can review the full audit here
The Smart Contract is deployed on: https://etherscan.io/address/0x5aa7c403c7de4b3bb0cc07079a03e389671a4771#code
About Ibiza Token
Ibiza Token is an ERC-20 governance token on the Ethereum Mainnet, created expressly for the island of Ibiza.
Ibiza Token (IBZ) aims to be a habitual means of exchange and payment gateway for all the Ibiza lovers within the Island and worldwide by growing in vision to a globally tradeable coin with full smart-contract capabilities.
Liquidity pools, farming contracts and, AMMs alongside the benefit of a series of incentives within transactions with local businesses are some of the key features encompassed by Ibiza Token which is fully aligned with the standards aimed at surpassing the corporate-capture vulnerabilities of DAOs.
Besides being a habitual means of exchange and a decentralized payments and transactions gateway, Ibiza Token will enrich the holders’ experience through Ibiza Pay, a dedicated iOS/Android application that provides with the opportunity to join special deals across a hand-picked selection of local tourism establishments and discover music and art from the island in the first Ibiza non-fungible token marketplace.
Website: https://ibizatoken.com
Twitter: https://twitter.com/IbizaToken
Telegram: https://t.me/ibztoken ( community)
https://t.me/ibizatoken (news)
Etherscan: https://etherscan.io/address/0x5aa7c403c7de4b3bb0cc07079a03e389671a4771
