CertiK Crypto Auditing Firm Just Approved This New Project – Here’s What You Need to Know

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The FightOut (FGHT) presale has now raised over $2.2 million, following the news that the move-to-earn platform has received verification from blockchain auditing firm CertiK. CertiK's security assessment found no critical vulnerabilities in FightOut's code, with two other potential vulnerabilities of less severity being mitigated by FightOut as part of the assessment. 

This verification from CertiK effectively provides FightOut with a clean bill of health for its upcoming launch, which is due in the second quarter of the year. At the same time, it also provides investors in its presale with the assurance that the project is entirely legitimate and serious about providing value to its community.

As part of its security audits, CertiK assorts potential vulnerabilities and issues into five categories. 

At the top of these are "critical" vulnerabilities, which "impact the safe functioning of a platform and must be addressed before launch," with users strongly advised not to "invest in any project with outstanding critical risks." Reassuringly, CertiK found no such issues as part of its assessment.

Of the three categories below "critical" – "major", "medium" and "minor" – CertiK found only one, related to how the total supply of 10 billion FGHT tokens is initially distributed. The FightOut team responded as part of the report by clarifying that all 10 billion tokens "need to be sent to a single wallet as, from there, they will be distributed into the appropriate pools," with between 6 and 9 billion going to the presale's smart contract, and with the other billion going to exchanges for