With this partnership, this will adds a further layer to the protection of their community and investors.
This is a huge step in the right direction for SkyLaunch, bringing on board a partner who have developed a first-of-it’s-kind hack monitoring and detection tool. This protocol was built to assist investors in the detection, identification and retrieval of stolen funds.
Lossless brings to investors an opportunity to invest in projects that have not just been audited, but also taken the extra step of implementing Lossless’ anti-hacking tool suite.
The first piece (and fairly obvious I guess!) of good news here is that Lossless code will be implemented within SkyLaunch smart contracts, adding an extra and incredibly important layer of security for investors.
Secondly, they will have a mutual business exchange agreement in place. Lossless will form part of their post-IDO Alliance Programme, with SkyLaunch making Lossless security services available to every project we onboard for IDO. In return, Lossless will have a dealflow agreement in place, to recommend them to projects looking for a launchpad.
Lossless is the world’s first DeFi hack mitigation tool for token creators. Through various methods of fraud identification, the protocol halts counterfeit transactions and automatically reverses any stolen tokens back to the original owner.
SkyLaunch is a first in the IDO marketplace; the only platform in this area to offer complete project timeline support, in addition to a number of groundbreaking proprietary tools. We support new projects with an accelerator programme of pre-IDO services, combined with an independent industry leading governance council, as well as a post-IDO alliance support network to nurture and grow new blockchain projects.