About the client
Web3 Antivirus is a security startup aiming to establish a safe environment for the global web3 community by shielding users from fraudulent activities and scams.Details
- Website:web3antivirus.io
- Location:USA
- Founded:2022
Return
Web3 Antivirus
Advanced web3 security solution
- Blockchain
- Web
- Smart Contracts
- Machine Learning
- Business Intelligence
PixelPlex has delivered a top-notch web3 security tool which safeguards users from all kinds of scams including dangerous smart contracts, phishing websites, honeypots, and malicious transactions.
Team
- Blockchain developer
- White hat hacker 2
- Frontend developer2
- Backend developer
- DevSecOps
- ML engineer
- Project manager
- Business analyst
- QA engineer2
- UI/UX designer
Business opportunity
As web3 continues to gain traction and offer innovative opportunities for users and businesses alike, scammers are coming up with numerous schemes to steal users’ assets.
The Web3 Antivirus team has conducted thorough market research, uncovering the enormous scale of scams within the web3 ecosystem:
$3.9B
worth of crypto assets lost to fraud in 2022
$300K
worth of Ether stolen via a fake Ethereum Denver website
60%
of NFT transactions in 2022 were wash trades
That’s where the idea of Web3 Antivirus came from — the crypto community is in great need of a reliable and robust security solution.
Web3 Antivirus originated after we witnessed multiple cases of clients and friends losing millions of dollars to crypto scams. Our primary motivation for creating W3A is to ensure that users can feel secure and confident while browsing and conducting transactions in the web3 ecosystem.
Alex DulubFounder of Web3 Antivirus
Project goals
To bring their idea to life and ensure flawless technical realization, the client reached out to PixelPlex and our team of seasoned blockchain developers.
Together, we outlined the core goals of the Web3 Antivirus project:
- 1
Build a robust security solution that will allow users to conduct safe transactions and interact with others in the web3 space
- 2
Create an ML algorithm able to instantly detect fraudulent activity and dangerous websites
- 3
Provide multi-browser and multi-chain support
- 4
Allow for intuitive navigation through the solution components and ensure easy-to-understand reporting
Solution
With these goals in mind, PixelPlex built Web3 Antivirus (W3A), an ML-powered browser extension that helps users explore and operate in the web3 space with full confidence by detecting crypto-related scams and suspicious activities.
The blockchain already under Web3 Antivirus protection is Ethereum, with Polygon and Arbitrum coming next.
Top-tier protection should be available for everyone, so our team ensured W3A compatibility with the most popular browsers:
Chrome
Brave
Firefox
Opera
Microsoft Edge
Need assistance in turning your blockchain idea into reality?
Details
Risk reporting
The solution provides detailed risk reporting to help users see what dangers they may encounter.
W3A reports are color-coded for easy understanding: high risks are indicated by red, medium by yellow, and low by green. Each report features a list of detected threats and an explanation of how exactly each risk can affect users’ assets.
The range of risks Web3 Antivirus can detect is constantly expanding. As of now, the extension can spot:
- Phishing and fake websites
- Malicious code patterns and methods
- Dangerous signing requests
- Proxy contracts
- Poisoning attacks
- Honeypot scam
- Reentrancy attacks
- Ice phishing
Transaction simulation
Web3 Antivirus allows users to view real-time transaction simulations, which reveal potential issues that may arise if they proceed with the transaction. This way, users can discover potential vulnerabilities or transaction side effects without compromising their assets or wallets.
To execute the simulation, W3A analyzes the whole chain of smart contracts behind a transaction and audits them. The result is presented to users in the form of an easy-to-understand chart.
Token analysis
W3A users can access detailed information about token characteristics, including token type, creation date, maximum and circulation supply, price, and contract address.
Additionally, the solution performs extensive analysis of NFTs, identifying risks like wash trading, missed royalty payments, IP infringements, and suspicious previous owners. It also provides financial and historical metrics through a unique 12TB data layer.
For a more comfortable experience, Web3 Antivirus shows the fiat equivalent of a token’s price. This way, users don’t have to convert the prices themselves
Fair price
When a user places a bid to purchase an NFT, W3A's machine learning module calculates a fair price for the token, considering its previous sales and involvement in wash trading. This feature safeguards users from price manipulations, ensuring they don't overpay for the asset.
Why put off your project realization?
Smart contract analysis
Web3 Antivirus audits smart contracts that users interact with and notifies about any harmful logic, vulnerabilities, and compromising permissions. Users can also manually input a contract address for verification.
Some of the smart contract risks detected by the extension include:
- Metamorphic code
- Self-destruction
- Pausable contract
- Burnable token
- Trading cooldown
- High sale taxes
Moreover, W3A's risk scoring framework takes third-party audits into account when identifying smart contract risk coefficients.
Website analysis
To ensure websites pose no threat, Web3 Antivirus verifies their domain names against carefully curated blocklists and allowlists using AI-powered similarity validation. This helps detect typosquatting, phishing attacks, and brand impersonation, further enhancing user security.
Technologies & tools
Project features
Multi-browser and multi-blockchain support
ML-powered risk detection model
Custom blocklists and allowlists
Protection from the most sophisticated kinds of crypto scams
Comprehensive token analysis
Insightful transaction simulation
Intuitive and attractive UI/UX design
Results
5,000+
users under W3A protection
1,085,478
harmful websites blocklisted
22,204
dangerous smart contracts detected
*As of March 27, 2023
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