Foundation-logo

Foundation

Foundation helps creators mint and auction their digital artworks as NFTs on the Ethereum blockchain. As collectors bid, they fuel a new system of value for online expression.

ETH
NFT
Services
JavaScript
Solidity
Maximum Bounty
$50,000
Live Since
19 May 2021
Last Updated
18 November 2024
  • PoC required

  • KYC required

Rewards

Foundation provides rewards in USDC on Ethereum, denominated in USD.

Rewards by Threat Level

Smart Contract
Critical
Up to: $50,000
Primacy of Rules
High
Up to: $10,000
Primacy of Rules
Medium
Up to: $2,000
Primacy of Rules
Critical Reward Calculation

Mainnet assets:

Reward amount is 10% of the funds directly affected up to a maximum of:

$50,000
Websites and Applications
Critical
Up to: $10,000
Primacy of Rules
High
Up to: $4,000
Primacy of Rules
Medium
Up to: $2,000
Primacy of Rules

Rewards are distributed according to the impact of the vulnerability based on the Immunefi Vulnerability Severity Classification System V2.2. This is a simplified 5-level scale, with separate scales for websites/apps, smart contracts, and blockchains/DLTs, focusing on the impact of the vulnerability reported.

All bug reports must come with a PoC with an end-effect impacting an asset-in-scope in order to be considered for a reward. Explanations and statements are not accepted as PoC and code is required.

In addition, all bug reports must also come with a suggestion for a fix to be considered for a reward.

Known issues highlights in the following audit report are considered out of scope:

Foundation requires KYC to be done for all bug bounty hunters submitting a report and wanting a reward. The information needed is a national ID and proof of residency (ex. utility bill, bank statement)

Payouts are handled by the Foundation team directly and are denominated in USD. However, payouts are done in USDC.

Program Overview

Foundation helps creators mint and auction their digital artworks as NFTs on the Ethereum blockchain. As collectors bid, they fuel a new system of value for online expression.

Foundation bridges crypto and culture to create mutual support between artists and collectors. They’re forging a community-driven path, providing culturally pioneering curation, and sharing our tools with the rapidly evolving community of developers who are excited to define this future with us. Foundation wants anyone and everyone who cares about the future of digital expression to be a part of it.

For more information about Foundation, please visit https://foundation.app/

KYC required

The submission of KYC information is a requirement for payout processing.

Proof of Concept

Proof of concept is always required for all severities.

Prohibited Activities

Default prohibited activities
  • Any testing on mainnet or public testnet deployed code; all testing should be done on local-forks of either public testnet or mainnet
  • Any testing with pricing oracles or third-party smart contracts
  • Attempting phishing or other social engineering attacks against our employees and/or customers
  • Any testing with third-party systems and applications (e.g. browser extensions) as well as websites (e.g. SSO providers, advertising networks)
  • Any denial of service attacks that are executed against project assets
  • Automated testing of services that generates significant amounts of traffic
  • Public disclosure of an unpatched vulnerability in an embargoed bounty
  • Any other actions prohibited by the Immunefi Rules

Feasibility Limitations

The project may be receiving reports that are valid (the bug and attack vector are real) and cite assets and impacts that are in scope, but there may be obstacles or barriers to executing the attack in the real world. In other words, there is a question about how feasible the attack really is. Conversely, there may also be mitigation measures that projects can take to prevent the impact of the bug, which are not feasible or would require unconventional action and hence, should not be used as reasons for downgrading a bug's severity.

Therefore, Immunefi has developed a set of feasibility limitation standards which by default states what security researchers, as well as projects, can or cannot cite when reviewing a bug report.

Severity
Min. - Max.
Critical
$50k
High
$10k
Medium
$2k
Total Assets in Scope
9