The Polkadot team launched the Anti-Scam Bounty program to improve the security of their ecosystem, which offers cash rewards to participants.

Each task is overseen by members of the community who interact with the performers and provide ideas to better achieve results. For their efforts, users receive a certain reward. The program is now led by three curators from the Polkadot community and two staff members from the Web3 Foundation.

Initiatives to improve security and discover vulnerabilities are being launched by many cryptocurrency projects. So, last year, after the Poly Network was hacked, the creators of the network announced a program to find bugs in the code for a total of $500,000. Before the activation of the Altair hard fork, the developers of Ethereum 2.0 also organized a similar program.