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How bug bounty
saves your business

In 2024, ethical hackers proved to be invaluable guardians of the Web3 ecosystem, helping secure digital assets valued at tens of billions of dollars from potential theft by malicious actors.

The investment in security was remarkably cost-effective: Web3 companies paid approximately $100 million in bug bounty rewards—less than 1% of the assets they protected.

However, the consequences of inadequate security measures became painfully clear, as projects that failed to prioritize security fell victim to hackers, suffering both financial losses and severe reputational damage.

According to official reports, hacks and exploits in the Web3 space resulted in losses exceeding $1.4 billion in 2024 alone.

Bug bounty compliments
your security team

Let business owners speak for themselves

"I am always challenging our people to think outside the five-sided box that is the Pentagon. Inviting responsible hackers to test our cybersecurity certainly meets that test"
Ashton Carter
United States Secretary of Defense
"As it is with software developments: bugs occur. Fixing them is most of the time done fairly quickly, but finding them takes up more effort...Because of this, we at the IOTA Foundation have decided to host the very first public bug bounty program..."
Dominik Schiener
Co-founder of IOTA
"In addition to hiring world-class experts, we believe it’s important to get all the help we can from the security research community, too."
Devdatta Akhawe
Security Engineer at Dropbox
"I have seen firsthand how bug bounty programs can transform a company’s security posture. These programs, which invite ethical hackers to uncover and report potential security vulnerabilities, are not just a checkbox in a security policy; they are a strategic imperative. In an era where cyber-attacks are not only frequent but increasingly sophisticated, relying solely on internal teams to find every vulnerability is unrealistic."
Prof. Jason Lau
CISO at Crypto.com, Forbes Tech Council

Why your project needs
a bug bounty program

Web3 is a game-changer, but it comes with risks. Vulnerabilities in smart contracts and DeFi protocols can cause big losses. Here’s how a bug bounty program keeps your project safe and ahead:

0.1
Trustworthy
Make your company trustworthy
Only Show your users, clients and investors you’re serious about security.
0.2
Budget
Spend your budget wisely
Only pay for real issues—no need for a full-time security squad.
0.3
Ethical Hackers
Involve thousands of ethical hackers
Find and fix vulnerabilities before they can be exploited.
0.4
Web3 Community
Support Web3 community
Tap into a worldwide team of ethical hackers to find what others miss.

Start now, use free

Don’t wait until it’s too late. At Remedy, we provide comprehensive bug bounty services designed to meet your security needs.


Contact us to learn how a bug bounty program can protect your Web3 assets, or simply register your organization on Remedy, and our experts will contact you.

What is Bug Bounty