Focusing on Security: Lovelace World Partners with Lossless
Lovelace World
3 hours ago·2 min read
Lovelace World is proud to announce its partnership with Lossless, the first DeFi fraud and hack prevention protocol aiming to create a more secure blockchain environment for creators.
Lossless’ proven technology has mitigated the theft of millions of USD through its innovative fraud analysis and prevention tools. Their code, easily inserted into any smart contract, actively scans for fraudulent transactions and provides multiple layers of protection. Its decentralized and user-incentivized system helps verify transactions and when necessary, freezes funds.
Lovelace and Lossless are initially collaborating to enhance security for Adanimals, a multi-mini-game ecosystem that uses virtual pet NFTs for gameplay identity, developed with Lovelace’s Metaverse as a Service Toolkit. Lovelace also aims to utilize Lossless’ Hack Mitigation Toolkit to secure all its LaceUp launchpad offerings.
The partnership will grant Lovelace the following:
- Integration of Lossless’ Hack Mitigation Toolkit into the Adanimals smart contracts
- Access to fraud detection and prevention technology for all Lovelace launch and incubation partners
- Promotional marketing to increase brand awareness in the DeFi security sector
Lossless will gain the following from the partnership:
- Insights into how Lossless services and tech can be further integrated into NFT projects
- Community and operational partnership to assist in the future growth of the project
- Collaborative marketing to promote their technology throughout the rapidly growing metaverse and play-to-earn blockchain spaces
Monika Sviderskė, Lossless CMO had this to say about the partnership:
“Lossless being in spaces which experience super-fast growth translates into potential and opportunities. We want to make sure that crypto projects have the knowledge that there is a solution to ensure token security which directly affects project funds and their users alike. We’re very happy to have Lovelace onboard — our first partner in the metaverse field.”
About Lossless
Lossless is the world’s first DeFi hack mitigation tool for token creators. Apart from their known cyber security solutions and renowned professionals, the community also plays a role. With a tangible reward system, community members are also encouraged to explore new ways to detect hacks and fraudulent transactions.
About Lovelace World
Lovelace empowers creators to realize the potential of the Metaverse through its NFT marketplace, Play-to-Earn gaming engines, smart contracts, launchpad, and partner integrations.
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