#27: realfakepicnic & sockdrawermoney, Co-Founders @ Code4rena | Managing a DAO that runs smart contract audit contests for projects such as OpenSea, ENS, Lens, NounsDAO & SushiSwap

Code4rena is a project that disrupts the way web3 companies do smart contract audits. Their community-driven approach made them so well-known in the space that OpenSea ran a $1,000,000 security audit contest on their platform. How does their project work? How it started? And how do they grow it? Two out of five Code4rena Co-Founders came to the pod to answer all these questions. Follow the pod: https://twitter.com/web3talks Follow Sock, Picnic & Mac: https://twitter.com/sockdrawermoney https://twitter.com/realfakepicnic https://twitter.com/MacBudkowski TIMESTAMPS: 1:55 How Sock & Picnic got into crypto from decentralization & security audit backgrounds 9:35 How is web3 security different than web1 & web2 security, and how does Code4rena help to tackle web3-specific challenges 17:14 How Sock got into Code4rena very early 19:40 How does their security audit contest mechanism makes it easy to get great auditors on board & what are the characteristics of the top auditors 25:23 How the community chooses the judges for the contests 27:45 How they arranged their DAO to work efficiently and not get lost in the chaos 35:34 How have they been acquiring their clients 37:00 Story of their OpenSea $1,000,000 security audit contest 39:04 Do they permit hackers to work on security audits 42:15 Why decentralized security audits might be less vulnerable to exploits than traditional ones 45:44 How they've been balancing their two-sided market 50:39 What would they fix about web3 with their magic wand 53:50 Most mind-blowing web3 projects they've seen 58:43 The funniest things that happened to them 1:02:30 Their guests' ideas 1:06:35 Where you can learn more about code4rena