TechFlow news — ConsenSys has announced the launch of the TURN token for its smart contract audit service, ConsenSys Diligence. The token creates a new open market for buyers and sellers of security audits and will be available for limited-time sale on turnplatform.bid from 12:00 PM UTC, August 15, 2022, to 12:00 PM UTC, August 19, 2022.
Each TURN is an ERC721-compatible token representing 40 hours of audit time. TURN tokens will be granted directly to clients or sold upon minting and can be secondarily traded among customers who need audit services, enabling price discovery to optimize service engagement and scheduling. Each token represents a time segment of a smart contract auditor and allows a free market to set its price.
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