Security & Compliance
In the fields of blockchain and GameFi, security, fairness, and compliance are the three foundational pillars for the long-term development of any platform. The FOMO platform adheres to the principle of “security first, transparency and trustworthiness, progressive compliance”, ensuring that user assets, game mechanics, and platform operations function within a verifiable and sustainable framework.
1. Security Design
Smart Contract Audits
The core logic of the platform—covering mining outputs, staking rewards, buyback and burn mechanisms, and random number generation—is executed through smart contracts.
All contracts undergo audits by reputable third-party security firms before deployment and are continuously monitored by the community.
Bug Bounty Program
FOMO100 will establish a bug bounty pool to incentivize white-hat hackers and community developers to identify potential vulnerabilities, creating an external supervision mechanism.
Fund Segregation and Treasury Mechanism
User funds are strictly segregated from platform operational funds to prevent co-mingling risks.
Use of treasury funds requires multi-signature approval and governance voting, ensuring security and transparency.
2. Ensuring Randomness
Randomness is at the core of game fairness. Traditional centralized games often suffer from “black-box” issues. FOMO100 leverages Verifiable Random Functions (VRF) or block hash-based random number generation to guarantee:
Unpredictability: Outcomes cannot be predicted before they are revealed.
Immutability: Once generated, random numbers cannot be altered.
Verifiability: Users can verify the entire generation process on-chain.
Every draw, distribution, and reward is mathematically fair, eliminating manipulation or fraud risks.
3. Advancing Compliance
Regional Compliance Adaptation
Operational models are adjusted according to regional regulations—for example, introducing KYC/AML procedures in certain jurisdictions while maintaining decentralized autonomy in others.
Legitimate On-Ramps
Fiat-to-crypto and crypto-to-fiat conversions are conducted through compliant third-party partners, avoiding regulatory gray areas.
Progressive Compliance Path
Early-stage operations focus on technology and community-driven governance.
Later stages aim to collaborate with local regulatory authorities to facilitate fully compliant operations.
4. Risk Prevention Mechanisms
Risk Reserve System: Prepares for extreme black swan events, such as market volatility, smart contract vulnerabilities, or oracle failures.
Withdrawal Queue Mechanism: Prevents systemic risks caused by mass withdrawals.
Through a combination of smart contract audits, bug bounty programs, VRF-based randomness, and differentiated compliance strategies, FOMO100 ensures security, fairness, and legality. Compared to traditional centralized platforms, FOMO100 offers inherent transparency and verifiability; compared to early-stage projects lacking compliance, its progressive regulatory approach provides a solid foundation for sustainable growth.
Security, randomness, and compliance are the key pillars that support the long-term operation of the FOMO100 ecosystem, attracting both users and institutional participants.
Last updated