Risk Assessment and Capital Security Protection of Web3 Projects

With the rapid development of blockchain technology, Web3 projects are increasingly gaining attention. However, some unscrupulous project teams attract investors through false advertising and excessive marketing. They may use promises of high returns, flashy advertisements, false data, and fabricated backgrounds to gain trust. If investors fall for these false promotions, they may blindly follow, ultimately leading to investment losses.

More seriously, some unscrupulous project parties use deceptive marketing tactics. For example, during a downturn in the cryptocurrency market, they maliciously manipulate prices to force investors to sell at a loss, thereby profiting enormously. This behavior not only severely harms the interests of investors but also threatens the stability of the entire cryptocurrency market.

To address these risks, some security companies have launched Web3 project risk assessment services. These services evaluate project risks through multiple assessment criteria in both on-chain and off-chain directions, including 17 on-chain criteria and 9 off-chain criteria, allowing for a comprehensive security assessment of the project parties.

The evaluation process includes comprehensively obtaining project information, analyzing on-chain fund transaction situations and project promotional information, determining whether the fund flow and product operation of the project are executed according to the documentation. For example, checking whether the project tokens are distributed according to the documentation, whether the contract logic matches the content of the project documentation, whether there is malicious dumping, and whether there are privileged roles in the contract that engage in malicious profit-making.

When it is confirmed that the project party has illegal profits, assistance can be sought through cryptocurrency tracking services. These services can help understand transaction history, including transaction amounts, transaction times, and other information, as well as the flow of cryptocurrency funds, including transfer directions and destinations.

Cryptocurrency tracking services mainly include two directions: tracking of malicious profit funds by project parties and tracking of stolen funds.

In cases where the project party maliciously profits, the flow of funds from the project party can be tracked. By comparing promotional documents from the project party during different time periods, and using fund tracking methods for in-depth analysis of addresses involved in malicious dumping, clues about the project party can be uncovered to help investors recover their funds.

In the case of stolen funds, the first step is to confirm the amount and time of the stolen address, then track and monitor the address, while using relevant databases to confirm the destination of the funds. If the funds enter an exchange, information about the attacker can be obtained through investigation and evidence collection; if the funds enter a mixing platform, deeper analysis and evidence collection will be needed to obtain information about the attacker.

To avoid investment losses, investors should remain vigilant and carefully choose Web3 projects. When selecting a project, relevant official documentation and other information should be reviewed, and an in-depth understanding of the project's actual situation should be conducted to avoid blind following. If funds are stolen, professional help should be sought promptly to recover the funds as soon as possible.

In general, the risk assessment services for Web3 projects aim to enhance the security of Web3 and prevent blind investors from incurring losses. However, due to the characteristics of blockchain, complete accuracy of data cannot be guaranteed. Therefore, investors still need to exercise caution and manage their own risks when participating in Web3 projects.