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Quantstamp

Quantstamp

Provides security audits for smart contracts

About

Quantstamp specializes in security audits for smart contracts in the blockchain and cryptocurrency market. They use a decentralized network of security nodes to conduct thorough audits, identifying and fixing vulnerabilities in smart contracts efficiently. With over 600 audits completed and more than $200 billion in digital assets secured, Quantstamp serves a wide range of clients, including blockchain projects and DeFi protocols. Their goal is to protect digital assets and ensure the integrity of smart contracts.

Company Stage

Private

Employees

51-200

Industries

Cybersecurity, Crypto & Web3

Total Funding

$5.3M

Headquarters

N/A

Founded

2017


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Simplify's Take

What believers are saying

  • Quantstamp's partnership with Klaytn and the launch of DeFi Protection highlight their commitment to innovation and expanding their service offerings.
  • Their reputation for high-quality security services attracts prominent clients, enhancing career growth opportunities and professional development.
  • The company's decentralized approach and comprehensive audit process ensure a dynamic and cutting-edge work environment.

What critics are saying

  • The rapidly evolving blockchain and cryptocurrency market requires constant adaptation, posing a challenge to maintaining a competitive edge.
  • Dependence on the decentralized network of security nodes could lead to potential vulnerabilities and operational inefficiencies.

What makes Quantstamp unique

  • Quantstamp's decentralized network of security nodes ensures fast, affordable, and reliable security scans, setting it apart from centralized competitors.
  • Their extensive experience with over 600 audits and securing more than $200 billion in digital assets underscores their expertise and reliability in the blockchain security market.
  • Quantstamp's dual revenue stream from audit fees and mining fees provides a scalable and sustainable business model, unlike competitors relying on a single revenue source.

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Growth & Insights
Headcount

6 month growth

-8%

1 year growth

-21%

2 year growth

4%

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