Audit (ticker: audit) is the native cryptocurrency of AuditOne, an IT auditing and cyber assurance platform. AuditOne provides security services for Web3 and AI projects, including smart contract audits, penetration testing, and bug bounties. It operates by aggregating a pool of vetted auditors who independently review code, followed by an internal peer review. This multi-auditor approach, combined with integrated bug bounties, aims to deliver more thorough and efficient security assessments, helping to secure the broader blockchain and AI landscapes. The `audit` token is integral to this ecosystem, facilitating various platform functionalities.

The `audit` token primarily serves as a utility token within the AuditOne ecosystem. Users can lock `$AUDIT` tokens to receive discounts on AuditOne's comprehensive range of security services, such as smart contract audits and penetration tests. Furthermore, holding `$AUDIT` grants privileged access to exclusive CoinIntel Reports, offering valuable insights into emerging projects and market trends. The token also plays a role in auditor compensation and incentives, with auditors potentially earning `$AUDIT` and gaining XP (Experience Points) tied to higher compensation rates within the platform.

AuditOne, powered by the `audit` token, distinguishes itself from traditional audit firms and bug bounty platforms through several innovative approaches. Unlike traditional models with one or two auditors, AuditOne employs a pool of three independent auditors plus an internal reviewer for each project, enhancing issue detection and reducing waiting times. It integrates bug bounties directly into its audit process, incentivizing auditors with performance-based rewards. AuditOne also performs KYC on its auditors, ensuring transparency and expertise, and maintains a large pool of over 400+ vetted auditors for rapid service delivery, making its cybersecurity offerings highly efficient.

Audit is available for trading on various centralized exchanges (CEX) like MagicSea (Iota EVM). These platforms offer trading pairs with various cryptocurrencies and fiat currencies.