Hashlock, a leader in Web3 security and smart contract auditing, is proud to announce the successful completion of a comprehensive security audit for Allfeat.
Allfeat is a Layer 1 blockchain platform specifically designed for the music industry, aiming to address longstanding challenges related to metadata management, rights ownership, and royalty distribution. Built using the Substrate framework and developed in Rust, Allfeat introduces Music Industry Decentralized Data Structures (MIDDS), which serve as standardized, on-chain representations of essential music metadata, including artist profiles, song compositions, recordings, and releases. This decentralized approach ensures data integrity, transparency, and accessibility, allowing artists and rights holders to maintain control over their work. Allfeat employs a dual-consensus mechanism: a Proof of Authority (PoA) network layer managed by trusted validators ensures infrastructure stability, while a Proof of Metadata (PoM) social layer enables community participation in the submission and certification of metadata. Participants can lock AFT tokens as collateral to submit MIDDS, which are then reviewed and validated by community members known as “Trusters,” fostering a collaborative and trustworthy ecosystem. Beyond metadata management, Allfeat enhances fan engagement by enabling artists to create token-based campaigns, host virtual events, and implement governance models that allow fans to participate in decision-making processes, such as selecting album artwork or setlists. By integrating these features, Allfeat not only streamlines the management of music rights and royalties but also fosters a more interactive and equitable relationship between artists and their audiences.
The team at Hashlock audited the solidity code within the Allfeat project, the scope of work included a comprehensive review of smart contracts. These tests were undertaken primarily through manual line-by-line analysis and were supported by software-assisted testing.
After Hashlock’s Audit, we found the smart contracts to be “Secure”. The contracts all follow simple logic, with correct and detailed ordering.
All issues uncovered during automated and manual analysis were meticulously reviewed and applicable vulnerabilities are presented in the Audit Findings section.
You can find the report here:https://hashlock.com/audits/allfeat
About Hashlock:
Hashlock is a leading Web3 security firm specializing in smart contract auditing and blockchain cybersecurity. Our mission is to ensure the safe adoption of blockchain technology through rigorous audits and comprehensive security services.
Website: https://hashlock.com/
About Allfeat:
Allfeat is a pioneering Layer 1 blockchain platform tailored specifically for the music industry, seamlessly integrating Web3 technology to revolutionize how music metadata is secured and monetized. By leveraging Music Industry Decentralized Data Structures (MIDDS), Allfeat ensures transparent and immutable management of artist profiles, tracks, and royalties, fostering trust and efficiency among creators, distributors, and listeners. Built on a robust Substrate/Rust core, it employs a unique Proof of Metadata consensus mechanism, empowering community participation in data certification and governance through a decentralized autonomous organization (DAO). With multi-chain oracle capabilities, Allfeat provides reliable, cross-chain data access for decentralized applications (dApps), positioning itself as the definitive Web3 infrastructure for a fair and interconnected music ecosystem.
Website: https://www.allfeat.com/
LinkedIn: https://www.linkedin.com/company/allfeatfoundation/
