SkyLaunch x Lossless

SkyLaunch enters multi-faceted strategic partnership with renowned blockchain security protocol, Lossless

Oliver M
SkyLaunch
3 min readNov 30, 2021

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It’s new partnership time here at SkyLaunch, and this one is incredibly important for both projects and investors alike. We are proud to announce the addition of cutting-edge hack mitigation protocol, Lossless. I’m sure you can see from the solutions we already have in place to protect our community, that investor safety is at the very top of our priorities, and this partnership with Lossless only adds further weight to our position on this.

This is a huge step in the right direction for SkyLaunch, bringing on board a partner who have developed a first-of-it’s-kind hack monitoring and detection tool. This protocol was built to assist investors in the detection, identification and retrieval of stolen funds.

The Partnership

Lossless brings to investors an opportunity to invest in projects that have not just been audited, but also taken the extra step of implementing Lossless’ anti-hacking tool suite.

The first piece (and fairly obvious I guess!) of good news here is that Lossless code will be implemented within SkyLaunch smart contracts, adding an extra and incredibly important layer of security for investors.

Secondly, we will have a mutual business exchange agreement in place. Lossless will form part of our post-IDO Alliance Programme, with SkyLaunch making Lossless security services available to every project we onboard for IDO. In return, Lossless will have a dealflow agreement in place, to recommend us to projects looking for a launchpad.

Along with the announcement and marketing of this new collaboration, you can expect to see a giveaway or competition available to our two communities to celebrate this newly cemented partnership!

About Lossless

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

With the Lossless stake-based reward system, the community is incentivised and actively encouraged to explore hack-detection methods and fake transactions. Lossless’ also comes with a sleek, fluid dashboard interface allowing simple ‘bird’s eye view’ transaction viewing.

To learn more about the project and join the community, check out the website and social media platforms below:

Website | Twitter | Medium | Telegram | GitHub

About SkyLaunch

SkyLaunch is a first in the IDO marketplace; the only platform in this area to offer complete project timeline support, in addition to a number of groundbreaking proprietary tools. We support new projects with an accelerator programme of pre-IDO services, combined with an independent industry leading governance council, as well as a post-IDO alliance support network to nurture and grow new blockchain projects.

Get involved!

Stay tuned in to our channels for more info regarding our own IDO, allowing us to generate and distribute the SkyLaunch native token; $SKYFI. The token serves a multitude of purposes, including governance capabilities, staking opportunities, liquidity rewards, and allocation mining. The token benefits even extend into discounts on our premium features. For more information, check out our future posts.

Learn more about SkyLaunch on our website.

Stay up to date with SkyLaunch news and developments on our Twitter, Linkedin, Telegram Chat and Telegram Announcement Channel

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Oliver M
SkyLaunch

Crypto writer, simplifying the blockchain space for the masses one word at a time.