Metaverse is something you meet daily now. It’s a combination of multiple elements of technology, including virtual reality, augmented reality, and video where users “live” within a digital universe. And it’s experiencing tremendous growth in crypto.
Where’s growth, there’s also the responsibility to ensure security as fast as possible — that’s the reason why we’re stepping in metaverses and the question of their protection. And who else to help us accelerate this than a partnership! Welcome, the newest addition to our security ecosystem — Lovelace World.
Lovelace empowers creators to realize the potential of the Metaverse through its NFT marketplace, Play-to-Earn gaming engines, smart contracts, launchpad, and partner integrations. Their Metaverse-as-a-Service toolkit helps creators breathe life into their NFTs, games, digital economies, and worlds across Cardano and other blockchains.
Monika, Lossless CMO shared that “Lossless being in spaces which experience super-fast growth translates into potential and opportunities. We want to make sure that crypto projects have the knowledge that there is a solution to ensure token security which directly affects project funds and their users alike. We’re very happy to have Lovelace onboard — our first partner in the metaverse field.”
Lovelace will integrate the Lossless Protocol into their $LACE tokens and once the Core Protocol launches in Q1 of 2022, they will receive an immediate security upgrade which will allow Lossless spotting hacks, freezing them, and reverting lost funds if a hack occurs.
Welcome to Lossless!
About Lovelace World
Lovelace empowers creators to realize the potential of the Metaverse through its NFT marketplace, Play-to-Earn gaming engines, smart contracts, launchpad, and partner integrations.
Our Metaverse-as-a-Service toolkit helps creators breathe life into their NFTs, games, digital economies, and worlds across Cardano and other blockchains.
Lossless is the world’s first DeFi hack mitigation tool for token creators. Apart from our 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.
Our protocol halts counterfeit transactions through various methods of fraud identification and automatically reverses any stolen tokens back to the original owner. Our solutions to the impending problems of cyber theft within the blockchain space are thorough and applicable within many protocols.