Elevating NFT Utility with Token-Bound Derivative Assets

Elevating NFT Utility with Token-Bound Derivative Assets

Project overview

We conducted a swift and thorough audit of Clopr, a pioneering tech company providing a central hub for NFT communities. Clopr introduces an innovative solution to the challenges faced by the NFT industry by enabling users to create and own customized derivative digital assets through their unique NFT collection, "CloprBottle." The platform's emphasis on token-bound assets, securely tied to the original NFT creator, addresses the industry's struggle to create diversified use cases and utilities for NFT projects.

Despite the industry's challenges, Clopr stands out by empowering NFT owners to enhance the interactivity and utility of their assets without requiring coding or artistic skills. The CloprBottle NFT serves as a pivotal component, allowing users to generate on-chain derivative assets, fostering a more engaging and sustainable NFT ecosystem.

Audit
Download Audit
Client
Clopr
Year
Nov 2023
Services
Security audit

Findings

1
criticals
2
majors
3
mediums
7
lows
6
informationals

Project results

Our audit of Clopr was conducted within a tight deadline of approximately two weeks, showcasing the efficiency and agility of both the Black Paper team and Clopr's dedicated technical experts. Throughout the audit process, our collaboration with Clopr's team was marked by active involvement and open communication, resulting in a dynamic and collaborative effort.

The extensive tests performed during the audit ensured a thorough examination of the Clopr codebase and functionality. In addition to identifying and addressing potential vulnerabilities, we provided valuable recommendations to strengthen the overall security and efficiency of the smart contracts.

A notable aspect of our advisory role involved scrutinizing Clopr's deployment script to guarantee the absence of deployment vulnerabilities. This meticulous review underscores our commitment to providing comprehensive security solutions, covering not only the codebase but also the deployment processes.

The successful audit reinforces Clopr's commitment to innovation and security. The platform's focus on expanding its ecosystem and introducing more token-bound derivative assets aligns with the evolving landscape of NFTs, emphasizing utility and user engagement. The collaborative effort between Clopr and Black Paper sets the stage for a secure and innovative future for NFTs, offering users meaningful ways to interact with and enhance their NFT collections.

Elevating NFT Utility with Token-Bound Derivative Assets

What our clients say.

Wafae Kerchi
COO @Nefture

"It was very important for us to entrust the audit to a team that would go in depth into the philosophy and operation of the project, Black Paper fully met our expectations."

Benjamin Jornet
CTO @Lay3rs

"The detailed report they provided gave us the confidence to move forward. We greatly appreciate their professionalism and dedication to ensure the security of our smart contracts."

Mintera
Website

"Black Paper’s team has demonstrated exceptional responsiveness and adaptability, allowing for continued communication and an iterative exchange of ideas." (Link)