Player One — Lossless, Player Two — AAG Ventures. The Co-op has started

Lossless
3 min readOct 27, 2021

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This month has been a truly wild ride for Lossless, we’ve gained a tremendous amount of community members and the price discovery has left a lot of community members and early backers happy. It’s all great but we do have to keep our eyes on the prize and maintain our dedication to expanding the Lossless ecosystem and products every day.

Today we’re glad to announce a newly formed partnership with AAG Ventures, a tech company behind the AAG (Achip & Achair Guild) — the second-largest Play-2-Earn guild in the world. Stemming from their successful implementation, AAG Ventures is morphing its expertise and knowledge base into a platform.

Play-2-Earn is becoming a completely new phenomenon that cannot be discarded and is growing to involve huge amounts of people all across the globe in order to earn from their participation and engagement in the P2E ecosystem and the evolution of the metaverse.

Naturally, time equals money, and a lot of value of numerous individuals will be stored in the form of AAG token and the team wanted to make sure that those funds can be maintained with integrity and be protected from outside attacks, smart contract exploits, and other forms of hacks.

And who’s perfect for that job? It’s Lossless. This partnership came very naturally as AAG Ventures were looking to build some protective measures around their platform and Lossless is offering just that. Lossless will integrate its smart contract code into the AAG token and will provide security to the AAG flows throughout multiple guilds, P2E platforms, marketplaces, and games.

We have selected Lossless as our partner in security because we both believe in this new world where the majority of people are non-crypto-savvy, an additional layer of security will provide the comfort required to make crypto transactions more accessible for all.

Also, AAG Ventures ecosystem players will have the Token Minter always at their disposal giving anyone the freedom to quickly and easily create an in-game utility token the Lossless security plug-in.

We are also planning to host the AAG team at our community channel for an AMA on Thursday, 2PM UT in Lossless Community channel.

About Lossless

Lossless is the world’s first DeFi hack mitigation tool for token creators. Our protocol halts counterfeit transactions through various methods of fraud identification and reverses any stolen tokens back to the original owner.

With our stake-based reward system, the community is encouraged to explore new ways to detect hackers and fraudulent transactions. Our sleek and fluid dashboard interface also allows users to view transactions at a bird’s-eye view. Check out the Lossless whitepaper.

About AAG Ventures

AAG Ventures is the tech company that created AAG (Achip & Achair Guild), one of the fastest-growing guilds in the Play-To-Earn space. Our mission is to Create Economic Freedom Worldwide Through the Metaverse Economy. Our goal is to build the PTE Platform for the future to support players, guilds, NFT owners, and games. We aim to democratize the Play-To-Earn ecosystem and bring 100M people onto the metaverse by 2030.

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Lossless
Lossless

Written by Lossless

World’s first unrivalled exploit identification and mitigation tools, designed to foolproof web3 from malicious activity.

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