Understanding Pinksale Badges: Transparency and Security Indicators

The badges provided by Pinksale serve as indicators of various aspects of project integrity and transparency. An Audit Badge shows that an independent audit has been conducted on the project’s smart contract; however, it does not guarantee safety or quality. The KYC Badge indicates that the project developer has been doxed and their identity disclosed to the community, offering some level of accountability. The SAFU Badge confirms that the project meets specific security and safety criteria outlined by Pinksale, reducing the risk of contract manipulation, yet investment outcomes still rest with the investor. The Doxx Badge provides visibility into the project owner through pre-launch AMA videos on YouTube, aiding transparency. Lastly, the Based Badge highlights projects with successful track records of fundraisers and launches, guiding investors towards experienced teams.