LOOM(Loom Network)

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Project Features

Loom Network is building a fundamental infrastructure platform that will help Ethereum scale, and is the first Ethereum scaling solution to be live in production.

It uses app-specific sidechains (called DAppChains) that run in parallel to Ethereum mainnet, so that large-scale decentralized apps can run more efficiently and at scale. Loom Network’s SDK allows developers to quickly build their own sidechain-based DApps without having to understand blockchain infrastructure, and use more performant consensus algorithms like DPoS while still securing tokens and assets on Ethereum.

Token Status and Distribution  

Market Cap$ 350,037,712

Max Supply1,000,000,000 LOOM

Circulating Supply576,493,047 LOOM

Issue Price$ 0.0555 994.03% 

Issue Date2018-03-12

Useful Links:

Website:https://loomx.io/