Newsletter #38

This week in Forta! Fees on Forta are LIVE! The first three Premium Feeds are now online. Patrick Collins tackles bot development in his latest video. Exploring the anatomy of a Web3 scam.

Fees on Forta are LIVE! On Tuesday Forta introduced fees, users will now need to pay for the bots they consume and 100% of revenue will be distributed to the bot owners. In the newly redesigned Forta App, you can now find Premium Feeds such as the Scam Detector alongside Forta’s General Plan which offers you access to all bots on the Forta Network excluding those in premium feeds. This major milestone marks the closing of the loop for Forta’s business model and the beginning of Forta developer’s monetization journey with the enablement of recurring revenue on Forta. Developers, want to build and earn on Forta?

Get the Forta Newsletter Delivered to Your Inbox

Get UpdatesPlease wait...

Thanks! We'll be in touch!

Oops! Something went wrong, please try again

← Back

The first three Premium Feeds are now online. In the weeks leading up to the fees on Forta launch, three powerful detection bots have been elevated Premium Feeds via the process outlined in FP-6. The first, built by the Forta Foundation, Blocksec and Nethermind, is the Scam Detector. This bot is able to detect scammers across 15+ techniques and is already a critical piece of infrastructure used by projects to protect users from harm. The second bot, built by Artem Kovalchuk, Forta community developer, is the Spam Detector, able to detect spam tokens. This feed allows wallets and NFT marketplaces to cut through the noise and improve user experience. The third, built by Solidus Labs, is a state-of-the-art Rug Pull Detector. Built on as an extension of Token Sniffer, the Rug Pull Detector can protect you and your users against one of Web3’s worst scams. What should be the next premium feed?

Patrick Collins tackles bot development in his latest video. Patrick Collins is one of the most prominent developers in the world of Web3 with many solidity developers getting their start from his prolific tutorials. His latest video, Build a Forta Bot Live, tackles the ins and outs of Forta Threat Intel development while creating his own flash loan detector. For those wanting an end-to-end tutorial of building on the Forta network and crafting your own custom monitoring solution from the ground up, this is it.

Exploring the anatomy of a Web3 scam. Forta’s latest research blog dives into the anatomy of a Web3 scam and how the deceptively simple structure continues to steal millions of dollars from users. Scams can be broken down into three relatively atomic stages: the lure, the hook, and the catch. Check out the blog to dive into a behind the curtain look at the scammer playbook.

Forta Around the Web

- Coindesk coverage of the Forta Scam Detector
- Forta detects the $62M Curve Finance Hack
- Forta's fees FAQ has all the answers

Get the Forta Newsletter Delivered to Your Inbox

Get UpdatesPlease wait...

Thanks! We'll be in touch!

Oops! Something went wrong, please try again

← Back