New Partners On Board: Lossless x LaunchBlock
Covering web3 with security tools is no easy task. But it becomes a different story when you have multiple partners at hand. Our team is working hard each day to secure more projects that either chooses to use our protection products or offer to help to spread the word about them to the teams they get in contact with. This way, we already have more than 80 partners in our security ecosystem.
We’re excited to introduce one more new name. Meet LaunchBlock — the digital asset fundraising platform. They are breaking the boundaries for accessible project participation as an all-in-one solution for projects launching on Ethereum, with support for additional chains such as BNB Chain, Polygon, Cronos, and more.
LaunchBlock provides all users and DAO members an ecosystem to access early-stage investment opportunities whilst providing the services and utility of decentralized finance (DeFi). By removing the barrier to entry and providing full educational and background information on the projects, they decrease time and expense for users searching for significant opportunities.
Vygandas Masilionis, CEO of Lossless shared: “Increasing our reach in the web3 industry is one of our priorities which we can’t fulfill without partners such as Launchblock. We are thrilled to have them on board our security ecosystem — they will help us offer our protection solutions to a sizeable number of young crypto projects this way changing the course of Web3 security together”.
The Launchblock team commented, “We are delighted to confirm our partnership with Lossless. We have worked with the team behind the scenes for a while, and it made sense to bring this public and add more value to our upcoming launches. Security of our launches is of the uppermost importance alongside audits, Lossless will provide that extra layer of protection for users”.
LaunchBlock will offer our Token Minter to the projects they start working with to secure their token smart contracts with our hack mitigation protocol.
Welcome to Lossless!
Launchblock.com is breaking the boundaries for accessibility at the early stages of investment, providing a decentralized and user-friendly platform for all users and DAO members. Providing access at a stage of opportunity where you would usually see the likes of Venture Capitalists and other private participants (at the earlier seed and private rounds). With the decentralization of opportunity, we create long-term partnerships with projects we recognize, support, and see the potential for lasting success.
Restoring trust in web3 security. Lossless incorporates a new layer of blockchain transaction security, protecting projects and their communities from malicious exploits and associated financial loss.
Lossless protocol implements an additional layer of blockchain transaction security for ERC-20 standard tokens, mitigating the financial impact of smart contract exploits and private key theft. Lossless protocol utilizes community-driven threat identification tools and a unique stake-based reporting system to identify suspicious transactions, providing real-time protection.