What are Web3 Security Competitions?
Web3 Security Competitions encompass platforms and services that organize contests focused on identifying vulnerabilities and improving the security of blockchain protocols, smart contracts, and decentralized applications. These tools facilitate structured challenges such as bug bounties, capture-the-flag (CTF) events, and hackathons where developers and security researchers compete to find and report security flaws. The primary users include security auditors, white-hat hackers, developers, and product teams aiming to proactively test and strengthen their codebases before deployment. Key characteristics of these tools include transparent scoring systems, real-time vulnerability reporting, and community-driven participation. Subcategories may include bug bounty platforms and educational CTF challenges. Developers should consider these tools when seeking to validate the security posture of their projects through competitive, incentivized testing environments.