HACKLESS

Team: All of the team members have extensive experience in the blockchain industry. Co-founder and CEO of Hackless, S. Androsiuk has been growing different crypto startups for over 4 years, while Co-founder and CTO P. Radchuk for the past few years have worked on smart contract developments and security audits. Their concept gained support from the community, which helped them win the ETH Lisbon Hackathon.

Partnerships: Hackless is backed by a few reputable projects, since the end of 2021 Hackless’s partnership network has grown significantly. Hackless has partnered with Pessimistic, a blockchain security company that will help them with their extensive knowledge of blockchain security and privacy. Hackless has also partnered with Blaize. Security, leading smart contract audit company. Furthermore, Hackless partnerships also include companies such as Peanut and HAPI.

Tokenomics: The Hackless platform maintains its utility token – HKLS which is used as an internal asset to gain access to the platform features. Hackless protocol has a total supply of 100 mils. tokens. The core team is incentivized with 9% of the total supply, their tokens are locked for 12m before the 18m vesting period starts. 18% of the supply is intended for Community ( Liquidity providers &early participants). All seed participants have a 3m cliff before the linear 18m vesting, while strategic goes 5% with a 3m cliff before the 18m vesting period. The rest of the supply is allocated to Advisors&Councillors, Strategic partnerships, DAO pool.

Conclusion: All in all, we can say that the Hackless protocol brings a complete novelty to the Crypto Industry. Together with all its features it will bring added security in the development of DeFi space as well as reduce potential hack attacks.