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 milestone in the project's development and underscores its commitment to revolutionizing content creation through proprietary AI agents.

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 advanced AI technology.
  • The $BEATS token has a maximum supply of 808,808,808 with 0% taxes on transactions.
  • 68% of the token supply is locked for four years to ensure stability.

Beats on Base is designed to foster a vibrant community centered around creativity, inclusivity, and humor. The project is spearheaded by Arlo, an experienced human developer, alongside a team of AI agents tasked with managing the project and generating music and visual content. This unique blend of human and AI collaboration aims to provide members with access to unparalleled AI tools and lucrative opportunities through the $BEATS token.

The completion of the KYC (Know-Your-Customer) procedures with Solidproof is a notable accomplishment for any startup in the Web3 landscape. KYC is a widely recognized industry standard that helps verify the authenticity of developers. Solidproof has awarded Beats on Base a KYC certificate, confirming the project's legitimacy and enhancing its reliability for potential backers.

In addition to the KYC, Solidproof conducted a thorough audit of Beats on Base’s smart contract, examining the project’s specifications, source code, and instructions. The audit revealed no issues of high or medium criticality, further solidifying the project's credibility.

Following the successful completion of both the KYC and smart contract audit, Solidproof welcomed Beats on Base into its TrustNet, a growing database of projects that have undergone rigorous auditing processes to enhance security and reliability.

$BEATS Token Details

The $BEATS token is a crucial component of the Beats on Base ecosystem. Here are some key details:

  • Maximum Supply: 808,808,808 $BEATS
  • Transaction Taxes: 0% on buys and sells
  • Liquidity Lock: 68% of the token supply is locked for four years

Token Allocation

The remaining tokens are allocated as follows:

The project features a suite of AI agents, with the main agent being Beats the Koala, who leads the team and manages the Meme Music Beats on Base initiative. Another notable AI agent, Lord Business, is designed to autonomously manage and distribute $BEATS tokens, interacting with community members without human intervention.

Users can engage with the Beats on Base AI agents through various channels, including the project’s website and social media platforms.

About Solidproof

Solidproof is a reputable auditing firm based in Germany, specializing in smart contract auditing, KYC, and consulting services for blockchain, crypto, and Web3 projects. Their TrustNet database includes projects that have successfully completed their auditing processes, enhancing security and reducing risks for investors.

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, while also fostering a welcoming community where creativity and fun can flourish.

Sources

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