“We couldn’t be happier to be working with Lossless! Right here at Spark World, the security, safety, and peace of thoughts of our finish customers is our highest precedence, and by integrating with Lossless we’re giving them that rather more peace of thoughts that they’ll derive all the advantages of the Spark World market while conserving their funds SAFU from hacks. Actually trying ahead to a long run partnership with the pioneers over at Lossless!” — Spark’s Co-CEO Jolyon Layard Horsf
Lossless is the world’s first DeFi hack mitigation device for token creators. Other than their identified cyber safety options and famend professionals, the group additionally performs a task. With a tangible reward system, group members are additionally inspired to discover new methods to detect hacks and fraudulent transactions.
Their protocol halts counterfeit transactions via numerous strategies of fraud identification and mechanically reverses any stolen tokens again to the unique proprietor. Their options to the approaching issues of cyber theft inside the
“We’re hyped to combine our hack mitigation tech instruments into the Spark World platform; Spark’s imaginative and prescient of creating the NFT area for honest, equitable, safe and accessible for the group aligns properly with our personal imaginative and prescient of safety in DeFi, and thru this integration the top customers of the Spark platform could have the perfect assurances doable that their $SPRK tokens are protected in opposition to hacks and exploits.” — Lossless CEO Vygandas
The core of SparkWorld* is its platform’s Truthful Predictive Launches (FPLs). FPLs carry equity and equality within the distribution launch allocations for Gaming NFTS via non-punitive prediction mechanics. These FPLs place customers into ordered lists primarily based on the accuracy of predictions on a wide range of metrics round NFT launches.
By way of this strategic partnership, SparkWorld* and Lossless Iis trying ahead on how they may be capable to create, attain and add worth for NFT gaming fanatics alike within the area.
SparkWorld* is an modern community-centric web3 ecosystem, powered by FPLs and underpinned by the SPRK token, on a mission to rapidly overcome the challenges of whitelisting, randomised minting, and prelaunch NFTs , via a gamified and utterly trustless market that creates worth for everybody concerned.
Lossless Protocol freezes fraudulent transactions primarily based on a set of fraud identification parameters and returns stolen funds again to the proprietor’s account.