Problem Statement

Despite rapid innovation and billions in capital flowing into the ecosystem, Web3 remains fundamentally insecure. As protocols, Dapps, and smart contracts become more complex, the risk surface expands exponentially—and traditional security methods are struggling to keep up.

In 2024 alone, over $2.5 billion USD was lost due to smart contract exploits, phishing attacks, flash loan manipulation, and rug pulls (Source: Beosin Alert). Many of these attacks targeted high-profile DeFi platforms and NFT projects, often exploiting flaws in contracts that were unaudited or inadequately audited before deployment.

Why is this happening? Because the current security infrastructure is outdated and insufficient for a decentralized future:

• Audits are centralized and siloed. Most providers operate as closed entities, with limited transparency and little opportunity for community contribution.

• Costs are prohibitive. High-quality audits are expensive, pricing out early-stage or open-source projects.

• Security is treated as a one-time event. Traditional audits deliver static reports without continuous monitoring, exposing projects to new vulnerabilities over time.

• Community is left out. Independent white-hat hackers, researchers, and users are rarely integrated into the audit loop, despite being key to decentralized trust.

These systemic issues create a dangerous gap: Web3 is growing faster than it can secure itself.

Bluepill was created to solve this. We believe audit systems should evolve alongside the ecosystem they serve. That’s why we’ve built a new audit standard—decentralized, AI-assisted, expert-verified, and community-enhanced. This multi-layer model addresses scalability, speed, and inclusion, without compromising depth, accuracy, or transparency.