NFTb and Lossless Partnership
NFTb, the Complete DeFi platform for Creators, is excited to announce their partnership with Lossless, the world’s first DeFi hack mitigation tool for token creators.
The rapidly growing adoption of NFTs has resulted in an exponential growth in sales and users on NFTb. NFTs listed on the marketplace have sold rapidly. Recently, the Degen Monkey series by Natanael Ginting, has sold over 100 unique NFTs in under seven days. Creators and Founders are choosing to launch NFTb’s premium marketplace for its accessibility and seamless user experience.
Under this partnership Lossless and NFTb will work closely to help projects that are deployed on NFTb Launch to mitigate hack risk arising from vulnerabilities in smart contracts and DeFi protocols.
In contrast to code audits and trust scores, Lossless gives an actionable tool to utilize in case a smart contract exploit or even a suspicious transaction is taking place. Once a potential hack is happening, you want to have some control on how to try and stop it, instead of just waiting.
“NFTs has been the name of the game of this year’s summer. The amount of value held in decentralized protocols and NFT marketplaces is rising meteorically and every smart contract vulnerability that gets exploited can hurt a lot of people financially.
They’re thrilled to start working shoulder to shoulder with NFTb in order to offer NFT economy creators the security they need to thrive. — Lossless CEO Vygandas Masilionis
NFTb Launch
NFTb Launch is the first of its kind NFT Launchpad created to help projects and creators launch their NFTs on Binance Smart Chain in a way that is fair for all.
With NFTb Launch, creators and projects can build early communities through an Initial NFT Offering (INO). For creators and projects, this represents a unique opportunity to lower the risk of entry for creating resource intensive NFT projects.
The partnership will ensure that projects launching on NFTb Launch and who choose to implement Lossless will be safe for the community to participate in. In future, NFTb and Lossless will explore opportunities to making NFTs more secure via wrapping.
“We’ve spoken to several founders of NFT projects who have had their Smart Contracts compromised by malicious actors that they have collaborated with. The industry leading tools provided by Lossless will help mitigate this risk and protect both founders and our community.” — Tommy, COO of NFTb.
About Lossless
Lossless is the world’s first DeFi hack mitigation tool for token creators. Through various methods of fraud identification, our protocol halts counterfeit transactions and automatically reverses any stolen tokens back to the original owner.
About NFTb
NFTb is a Binance-backed platform for creators to access opportunities in DeFi with the best user experience for anyone, anywhere. Our mission is to help creators get comfortable and love using DeFi dApps.
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