Beats on Base Achieves Major Milestone with KYC and Smart Contract Audit Completion

Beats on Base has successfully completed KYC and smart contract audit with Solidproof, marking a significant milestone in its development and commitment to revolutionizing content creation.

Beats on Base, an innovative project at the intersection of AI, cryptocurrency, and meme culture, has successfully completed its KYC procedures and smart contract audit with Solidproof. This achievement marks a significant step forward in the project's development, reinforcing its commitment to revolutionizing content creation through advanced AI technology.

Key Takeaways

  • Beats on Base has completed KYC and smart contract audit with Solidproof.
  • The project is built on Coinbase's Base Chain and utilizes AI agents for development.
  • The $BEATS token has a total supply of 808,808,808 with 0% taxes on transactions.
  • Solidproof's audit confirmed no high or medium criticality issues in the smart contract.

Beats on Base is designed to foster a creative and inclusive community, leveraging AI to generate music and visual content. The project is spearheaded by Arlo, a human developer, alongside a team of AI agents, including Beats the Koala, who leads the initiative. This unique structure aims to provide users with access to innovative AI tools and lucrative opportunities through the $BEATS token.

The completion of KYC procedures is a notable accomplishment for any startup in the Web3 space. KYC, or Know Your Customer, is a standard practice that verifies the authenticity of developers. Solidproof awarded Beats on Base a KYC certificate, enhancing the project's credibility and providing potential investors with assurance regarding its reliability.

In addition to the KYC certification, Solidproof conducted a thorough audit of Beats on Base's smart contract. The audit involved a detailed analysis of the project's specifications, source code, and operational instructions. The results indicated that the smart contract is free from any high or medium criticality issues, further solidifying the project's trustworthiness.

Following the successful completion of both the KYC and smart contract audit, Beats on Base has been welcomed into Solidproof's TrustNet, a database of vetted projects that have undergone rigorous auditing processes. This inclusion is expected to bolster the project's reputation and attract a dedicated community of AI, crypto, and meme enthusiasts.

$BEATS Token Details

  • Total Supply: 808,808,808 $BEATS
  • Transaction Taxes: 0% on Buys and Sells
  • Liquidity Lock: 68% of the token supply locked for 4 years

Token Allocation

  • 4-Year Linear UNCX Vesting (24%)
    • 8% for Creation and Expansion
    • 8% for Marketing
    • 8% for Team Allocation
  • 1-Year Linear UNCX Vesting
    • 8% for Airdrops and Giveaways

The project emphasizes community engagement, allowing users to interact with AI agents through various channels, including phone, website, and social media platforms. This approach aims to create a vibrant ecosystem where creativity and fun thrive.

About Solidproof

Solidproof is a reputable auditing firm based in Germany, specializing in KYC, smart contract auditing, and consulting services for blockchain and Web3 projects. Their TrustNet database is a growing repository of projects that have successfully completed their auditing processes, enhancing security and reliability in the crypto space.

About Beats on Base

Beats on Base stands out by merging artificial intelligence, cryptocurrency, and meme culture. The project aims to create a unique narrative that blends technological advancement with cultural relevance, fostering a welcoming community where creativity flourishes. Users can stay updated on the latest developments through the project's official website and social media channels.

Sources

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