Put Your Hands Together for Lossless’ New Advisor!

Lossless
2 min readMay 19, 2021

Our new advisor is one of the keys to really drive our project forward through innovation and strategy

Here at Lossless, we’ve been working effortlessly to push our amazing DeFi anti-hacking tool to the masses. We’re keen on accelerating adoption for our product through innovation, making the crypto world a safer place.

Every day we’re pushing closer towards achieving our goals, and nothing can stop us.

But what really makes a project special is the team behind it. And we can proudly say that our team is made up of the best individuals who have a strong passion and commitment for Lossless.

Of course, we’ve been continuing to search for the most ideal new members to join the team in order to provide further strategic guidance and support. So today, we’re thrilled to announce that we’ve found the right person who best aligns with our vision!

Introducing Jogundas

Jogundas Armaitis is the newest advisor to join the Lossless team, coming from Lithuania — welcome aboard!

He will be advising us on product strategy, including the incentive structure of the project, making sure that Lossless works well for the whole community. Jogundas brings in extensive expertise from his previous experience in the artificial intelligence and scientific research fields.

He currently serves as a board member of the Artificial Intelligence Association of Lithuania, where he advocates for better use of data through community building.

Recently, Dr. Armaitis stepped down from Oxipit, a leader in AI medical imaging. He co-founded Oxipit and served as its COO until 2021, leading the product strategy of the company among other duties there.

Before that, Jogundas was a theoretical physics research scientist and worked in the field of quantum gases. His research activities extended across multiple different universities in The Netherlands, Italy, and Lithuania.

Jogundas is extremely passionate about innovative and breakthrough technologies in crypto, and has been actively involved in these discussions since 2011.

The team here at Lossless welcomes him with open arms! We’re excited to work with him and leverage his abilities to create an even brighter future for our project.

About Lossless

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

With our stake-based reward system, the community is encouraged to actively continue to explore ways to detect hackers and fake transactions. Our sleek and fluid dashboard interface also allows users to view transactions at a birds eye view.

To learn more about our project and join the community, follow us on our website and social media platforms below:

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Lossless

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