Example data Crypto & Open Finance Neglectedness 7/10 · Overlooked (example)

Example: Open Ledger Audit Collective

Publishes free public audits of open financial software.

Video placeholder Screen recording of an open audit report being reviewed A fictional walkthrough of a published audit.

The story

Open financial software holds real people’s money, yet many projects cannot pay for an independent review. The collective audits them and publishes the findings for free.

Auditors rotate, and every report notes who funded the work and who reviewed it.

The team

  • Samir Haddad · Audit lead
  • Greta Olsen · Editor
  • Kwame Boateng · Security reviewer

Example team (fictional people, for illustration only).

Efficiency rating

B Source: Example data - not sourced, as of

87¢ of every $1 reaches the work
  • Reaches the work: 87¢
  • Overhead: 8¢
  • Advertising: 2¢
  • Executive pay: 3¢
Where each dollar goes Where each dollar goes: 87¢ reaches the work, 8¢ overhead, 2¢ advertising, 3¢ executive pay. 87¢ reaches the work
  • Reaches the work: 87¢
  • Overhead: 8¢
  • Advertising: 2¢
  • Executive pay: 3¢
Show data table
Where each dollar goes (Example data)
CategoryCents per $1
Reaches the work87
Overhead8
Advertising2
Executive pay3

How the work budget is spent (example data)

How the work budget is spent How the work budget is spent: 55% field work, 20% equipment and supplies, 15% local staff, 10% reporting and sharing.
Field work
55%
Equipment and supplies
20%
Local staff
15%
Reporting and sharing
10%
Funding goal
$350,000
Raised
$115,500
Location
Remote

About this project

A fictional collective that reviews open-source financial code and publishes findings openly. Not a real organization; figures are placeholders.

Impact / Why it matters

Free public audits help people trust open financial software before they put their money in it.

Open financial tools can be inspected by anyone, but in practice few people have the skill or time to do it. A bug in widely used code can drain savings, and the people most hurt are usually those with the least to spare.

An independent collective that audits software and publishes the results for free makes safety a shared resource rather than a premium service. Projects with small budgets can be checked as carefully as well funded ones.

Transparent findings, including problems that were fixed, make the whole ecosystem more honest and easier to evaluate.

Public audits delivered per quarter Public audits delivered per quarter: Q3 2025 15, Q4 2025 19, Q1 2026 23, Q2 2026 27. 0 12.5 25 37.5 50 Q3 2025: 15 public audits Q3 2025 Q4 2025: 19 public audits Q4 2025 Q1 2026: 23 public audits Q1 2026 Q2 2026: 27 public audits Q2 2026

Public audits delivered per quarter (example data, in public audits)

Show data table
Public audits delivered per quarter (example data)
Quarterpublic audits
Q3 202515
Q4 202519
Q1 202623
Q2 202627

Project updates

Example updates: fictional news for illustration. Newest first.

  1. Wallet library audit released

    The report found two medium issues, both fixed before publication.

  2. Public audit queue opened

    Projects can now request a place in line and see their position.

Example data. This project and its figures are fictional placeholders. See the methodology for how real ratings will be sourced.