Not slowing down on adoption: Lossless x SeedBox
You probably noticed by now the tempo at which we present to you our new partners that join the security ecosystem. Usually that’s 1–2 partnerships per week. What does that say? That security is entering crypto’s spotlight and we’re excited to be part of this transition.
we continuously work towards two types of partnerships: protocol integrations into token smart contracts and also awareness partnerships where launchpads, blockchain companies and such help us reach DeFi projects and offer them an opportunity to secure their funds. Our team is happy to present you a partnership that will allow both.
Please meet SeedBox — an all-in-one platform that grants access to the venture capital for the retail investors. The paramount mission for SeedBox is to bring revolution to the existing market of decentralized VC crowdfunding. Focusing on building a multi-format launchpad they are able to offer a variety of decentralized and multi-chain services for the crypto community.
SeedBox will be integrating the Lossless protocol, also known as LERC20, to power the $SBX token with hack mitigation capabilities. Not only that but SeedBox’s projects they work with will be recommended to apply Lossless security measures for their own safety benefit. Which means that this partnership is both a new protocol integration and an additional awareness channel as well.
Welcome to Lossless!
SeedBox is a top-notch IDO launchpad that grants access to venture capital for retail investors. The paramount mission for SeedBox is to bring the revolution to the existing market of decentralized crowdfunding, granting them unprecedented access to the seed and private stages of the investment rounds to the retail sector, simultaneously providing a valuable source of funding to the ideas of tomorrow.
Lossless is the world’s first DeFi hack mitigation tool for token creators. Apart from Lossless’ 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.
Lossless protocol halts counterfeit transactions through various methods of fraud identification and automatically reverses any stolen tokens back to the original owner. Its solutions to the impending problems of cyber theft within the blockchain space are thorough and applicable within many protocols.