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Forta Airdrop Review: Real-time security & Operational Monitoring

Bixer Simond by Bixer Simond
17/12/2024
Forta Airdrop Review: Real-time security & Operational Monitoring
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About Forta Airdrop

Forta Airdrop is a decentralized monitoring network to detect threats and anomalies on DeFi, NFT, governance, bridges and other Web3 systems in real-time. Underlying Forta is a decentralized network of independent node operators that scan all transactions and block-by-block state changes for outlier transactions and threats. When an issue is detected, node operators send alerts to subscribers of potential risks, which enables them to take action.

Forta is airdropping 4% of the total supply of FORT tokens to early users of Forta. Forta Users, The Contributors, Web3 Github Contributors, Ethernaut Players, Web3 Coders, Subgraph Developers and Multisig Signers are eligible for the airdrop.

BasicDetails
Token NameGoCrypto Games Airdrop
PlatformETH
Total Value4% of the total supply
Airdrop EndN/A
KYCKYC Is Not Requirement
WhitepaperClick Here To View
Max. ParticipantsUnlimited
Collect AirdropClick Here To Collect Free Airdrop

Step-by-Step Guide:

  1. Visit the Forta airdrop claim page.
  2. Connect your ETH wallet and/or your GitHub account.
  3. If you’re eligible, then you will be able to claim free FORT tokens.
  4. Eligible users include:
    • Forta Users: Users who have contributed to the Network from day one, including, but not limited to, Detection Bot developers, community members who participated in Detection Bot development contests, Alert subscribers, and Forta Scan Node runners.
    • Forta Contributors: Users who’re ambassadors and thought leaders who are strong proponents of Forta’s mission and have contributed to the development and advancement of the network in a meaningful way.
    • Web3 Github Contributors: GitHub account who had at least two contributions to selected repositories by April 18th, 2022 or GitHub account with more than 1,000 contributions to selected repositories by April 18th, 2022
    • Ethernaut Players: Address that complete at least ten Ethernaut levels by April 18th, 2022 or address that completed Forta Ethernaut level by May 30th, 2022
    • Web3 Coders: Addresses that deployed at least two contracts on Ethereum by April 18th, 2022 or contracts that have at least one transaction in 2022 and interactions by more than 1,000 unique addresses
    • Subgraph Developers: Address that owns at least one Sungraph by April 18th, 2022
    • Multisig Signers: Address is a current Gnosis Safe multisig signers which has executed at least 20 transactions all time by April 18th, 2022 or address with at least 2 transactions by April 18th, 2022

Real-time security & operational monitoring

$36 billion in TVL monitored by Forta Airdrop decentralized network. Detect threats and anomalies on DeFi, NFT, governance, bridges and other Web3 systems in real-time.

Stay updated on the latest Forta news

Add your email below to join our early contributor list and keep up with the latest announcements.

Supported chains

The future is multi-chain. That is why Forta continues to expand into the emerging landscape of new L1s and L2s, bringing runtime monitoring and anomaly detection to Ethereum, Avalanche, Polygon, BNB Chain, Fantom, Arbitrum, and Optimism.

How Forta works

The Forta Airdrop Network has two main components – detection bots and scan nodes. Detection bots are pieces of logic (scripts) that look for certain transaction characteristics or state changes (e.g. anomaly detection) on smart contracts across any supported chain. Nodes run detection bots against each block of transactions. When the bots detect a specific condition or event, the network emits an alert which is stored on IPFS. They will also maintain an automated public registry of all alerts, and anyone interested in the security of a contract can consume relevant alerts via the Explorer or API.

There is value in the negative signal too – knowing that detection bots are running 24/7 and not triggering alerts. Forta will maintain an automated record of the detection bots run by each node, for each block.

Governance

The decentralized architecture of the Forta Airdrop Network supports its growing community of node operators, detection bot developers and the ecosystem built on top. The vision of posits that only a community-based platform will be powerful enough to address the rapidly evolving risk landscape on blockchains, where every new smart contract deployed introduces novel risk vectors that could affect thousands of interconnected protocols and millions of users.

It is integral that governance over the architecture of the Forta Network is also decentralized, to ensure that Forta persists as an open, permissionless platform available to anyone who wants to use or build on it. Further, the Forta community should be able to influence the evolution of the Network alongside the evolution of Web3.

The Forta Foundation is an independent, non-profit organization (the “Foundation”) that holds certain assets (e.g. public and open source IP, Github repos, and FORT tokens) in the Network and will facilitate governance of by its community members. To further decentralize governance over the Foundation introduced a community governance framework with two primary components.

How is the FORT token used in Forta?

To ensure the accuracy and integrity of the data provided by the network, Forta Airdrop adopts a work token model, where node runners must stake FORT tokens in order to broadcast real-time security and operational data to the network, and anyone may stake FORT tokens in order to signal detection bot quality in the network.

FORT has two primary uses that are indispensable to the proper functioning of the network:

  1. Node Runner Staking. Node runners must deposit FORT tokens to be discoverable in the network and to provide economic security for the work they are performing, since the staked FORT can be slashed if nodes fail to execute their assigned work or perform their work maliciously. Once FORT is staked, it may only be withdrawn subject to a thawing period, which provides ample opportunity for verification and dispute resolution.
  2. Detection Bot Signaling. Developers may stake FORT tokens on bots, signaling bot quality to the network and also providing a sybil resistance mechanism. Having fake or low quality bots on the network makes it harder to find the best risk detection offerings.

Why Forta

As the Web3 economy grows in value and complexity, security has become increasingly critical. More than $1 billion was lost in the first quarter of 2022 due to hacks and exploits, some of which have only been discovered several days after the attack happened. The need for real-time security and operational monitoring has become clear, allowing protocols and investors to react quickly to neutralize threats and prevent or minimize loss of funds.

However, the rapid speed at which the Web3 industry develops makes it hard for a centralized entity to watch it all. That’s where Forta Airdrop comes in.

Tags: Forta AirdropHow It Work Forta AirdropHow To Buy Forta Airdrop
Bixer Simond

Bixer Simond

Bixer Is Long Term Writer & Editor At Woodfi . His Hobby Is Writing Article For Wootfi Visitors . His Main Focus Area Is Crypto , Affiliate , Blockchain , NEFT , ICO . In Free Time He Loves To Research New Things

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