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Mitchell Amador, one of the latest entrepreneurs to make considerable waves in crypto, is a Canadian-born cryptocurrency enthusiast whose company Immunefi seeks to offer a solution for detecting, preventing and managing security breaches on blockchain platforms. Founded in December 2020, Portugal-based Immunefi has become a well-known bug bounty platform, guarding over $25 billion in user funds across marquee projects such as Chainlink, SushiSwap, MakerDAO, Compound, Alchemix and many others. Amador’s Immunefi features a standard set of tools that bring blockchain projects and hackers together so that bugs can be reported responsibly. Immunefi was born out of Amador’s own frustrations as a DeFi investor who had invested significant amounts in unsecured projects, and now he aims to offer security solutions at a fraction of the traditional costs involved by onboarding clients with custom bug bounty programs tied to them. Instead of relying on onboarding, maintenance, adviser or launch fees, Immunefi features performance fees charged when its Web3 and DeFi security experts successfully complete a project. Besides helping blockchain projects with code reviews, Amador has been instrumental in introducing services such as the Immunefi Bugs Platform and public relations and communications support in handling press coverage. Amador has leveraged his extensive experience to help Immunefi amass over 300 projects, paying out over $65 million in bounties since its inception.

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