Site icon Coincu – Latest Cryptocurrency News and Analysis

GoPlus Pays Users for Forstering Web3 Security with Sechubs

FacebookXRedditTelegramGoogle News

Key Points:

GoPlus Pays Users for Forstering Web3 Security with Sechubs

For those Web3 users, the focus has shifted beyond smart contract audits and blacklists to user-controlled security settings. GoPlus ($GPS), a novel decentralized security ecosystem, now enables users, developers, and security operators to contribute to and benefit from a shared protection network.

Such a shift has already generated $3 million in security service revenue and supported over 70,000 users in creating personalized security hubs (Sechubs) for real-time transaction protection.

Sechubs: A User-Controlled Security Hub

Unlike traditional security models that rely on static protections, Sechubs – a personal security center instance that manages users’ security strategies and interacts with bound SecWares, introduces real-time, customizable defence mechanisms.

GoPlus SecWare Protocol
Illustration of GoPlus SecWare Protocol. Source: whitepaper.gopluslabs

These hubs allow users to set their security policies, adapting protections based on risk tolerance, transaction history, and trusted addresses.

Key Features:

GoPlus Sechub and AVS Statistics
GoPlus Sechub and AVS Statistics. Source: Dune Analytics – GoPlus Security Public Data.

For example, a user can configure their Sechub to block interactions with newly deployed smart contracts unless they have been pre-verified. The thereof setup prevents exposure to scam tokens and fraudulent airdrops before they reach the user’s wallet.

A Growing Security Economy: $3M+ in Revenue

With the increasing demand for Web3 security, the sector has become a self-sustaining industry, rewarding contributors for strengthening network protection.

Revenue Highlights:

GoPlus Ecosystem Profit Dashboard. Source: Dune Analytics – GoPlus Security Public Data.

As a result, this decentralized approach shifts financial incentives away from centralized security providers, allowing contributors to directly benefit from their efforts in improving Web3 safety.

How Users, Developers, and Security Experts Earn Rewards

Rather than relying on centralized firms, GoPlus ($GPS) uses an incentive-driven system, rewarding participants for improving blockchain safety. The network provides multiple ways for contributors to earn.

Security Data Providers receive rewards for submitting verified reports on phishing sites, malicious tokens, and scam addresses. SecWare Developers can publish security tools within the GoPlus ecosystem, earning revenue from usage. Additionally, AVS Operators generate earnings by providing computing power for real-time risk detection.

As for users, Sechubs provide automated, real-time security for Web3 transactions, reducing the need for manual verification efforts. With AI-powered risk detection operating in the background, users can interact with decentralized applications (dApps) without disruption while maintaining robust security protections.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Rate this post
Exit mobile version