PAID Network thanks Immunefi and Mitchell Amador
On Friday, March 5th, PAID initiated a war room to mitigate any negative effects the exploiter could have on the network. We were fortunate to be able to call in Mitchell Amador from Immunefi to navigate the crisis as we implemented technical solutions. Looking back, we realize we couldn’t have done it without Mitchell’s crisis management expertise and would like to express our gratitude by publicly acknowledging Immunefi as an invaluable contributor to the PAID v2 token’s launch.
Immunefi is the leading bug bounty platform for smart contracts and DeFi projects. Its security platform makes crypto safer for everyone. Immunefi removes security risk through bug bounties and comprehensive security services to help drive high-quality decentralized financial products to the public. Having to deal with cybersecurity 24/7 has made them no strangers to crisis management, and that’s why when the going gets tough, the tough call Immunefi for an immediate expert response.
Kyle Chasse, CEO of PAID Network recalls:
“I’ll never forget how quickly Immunefi was immediately available to help our team when we needed it the most. We would all like to think we know exactly what to do when a crisis hits. The reality is very different when the gravity of the situation sets in. There are so many moving parts you need to address at once, and the speed and sure-footedness when addressing these become essential. That’s why a crisis management expert like Mitchell Amador was unbelievably powerful in getting PAID back on track and doing right by our community.”
We at PAID are humbled by the tremendous support we have received. Furthermore; even more thankful to our steadfast community for standing by us through those turbulent times.
Immunefi is the leading bug bounty platform for DeFi, where projects can secure their code and whitehats keep funds safe. Immunefi protects over $10 billion in user funds and has paid out millions of dollars in bug bounties, including the biggest bug bounty in history ($1.5m). Immunefi’s community of proven whitehat hackers, war room and crisis management expertise, and industry-leading secure disclosure platform make Immunefi a core part of the security stack for DeFi’s leading projects, such as Synthetix, ArmorFi, and BadgerDAO.
About Mitchell Amador
Mitchell Amador is CEO of Immunefi, DeFi’s leading bug bounty and security platform protecting over $5 billion in user funds. Before founding Immunefi, Mitchell was best known for turning Sophia the Robot into a worldwide sensation as CMO of SingularityNET, for driving growth at Steemit.com culminating in a multi-billion valuation and successful exit. He also helped launch a number of other projects, such as Decentraland, Santiment, NXT/Ardor, among many others.
PAID Network seeks to redefine the current business contract, litigation, and settlement processes by providing a simple, attorney-free, and cost-friendly DApp for users and businesses to ensure they #GetPAID wherever they are in the world.
PAID technology leverages Plasm to operate on both Ethereum and Polkadot ecosystems. PAID makes businesses exponentially more efficient by building SMART Agreements through smart contracts in order to execute DeFi transactions and business agreements seamlessly.
PAID streamlines backend legal operations with SMART Agreements, so that projects can focus on making their brand bigger and better.
For any questions for the PAID network, please feel free to reach out to us on