Name: Loom Network
SKU: LOOM
Price: 0.003642352743 USD

<p>Loom Network is a platform that allows dApp developers to create projects ready for blockchain deployment. The platform was founded in 2018 and has since developed to be highly scalable, usable, and can be integrated with Bitcoin, Ethereum, BNB Chain, and other major blockchains. It is an optimized platform that aims to create the best possible foundation and resources for dApp development.&nbsp;</p><p>LOOM is the platform’s native cryptocurrency. It is a proof-of-stake token that is used in part to help secure the platform via network staking. Beyond security, the token can be used to pay fees, such as the developer fees paid by teams for hosting their application on Loom Network. This means that users do not pay transaction costs as they are absorbed into a flat fee paid by projects themselves.</p><p>LOOM is an ERC20 token and has a total supply of 1,000,000,000.</p><h3>What are Loom Network's key features and how does it work?</h3><p>As mentioned, the platform is interoperable and compatible with major blockchains. This means that developers can create one application that can be simultaneously offered to users of all networks, without the need to rewrite or reprogram the application. Developer teams can deploy their application to the Loom Network’s Basechain and automatically reach a large number of users.</p><p>Loom Network Basechain is a DPoS blockchain. Its architecture is similar to that of the Ethereum network, as such it is EVM compatible. Some of its other properties include being audited and secured with a network of validators. </p><p>The platform prides itself on the facilities and benefits it can offer dApp teams. These include future-proofing apps, by allowing them to be compatible with multiply blockchains, and access to a large and growing user base.</p><h3>What can LOOM be used for?</h3><p>The LOOM token has several key utilities. This includes validator nodes that must stake in order to run nodes. Delegators can also take part and stake their LOOM tokens to a predetermined validator in order to receive a share of the block rewards.</p><p>Users of applications running on LOOM do not need to hold any LOOM. Since network fees and any associated costs are paid by the developers.</p><h3>Where can you buy LOOM?</h3><p>LOOM is available for trading on the following CEXs and DEXs listed <a href="https://cryptorank.io/price/loom-network-new/exchanges" rel="noopener noreferrer" target="_blank">here</a>. The most popular platforms with the highest liquidity are Binance, Bithumb, and CoinEx. The price of LOOM will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for LOOM market price, please view the price charts on this page.</p>

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Loom Network

Loom Network is a Layer 2 scaling solution for Ethereum that works as a network of DPoS sidechains allowing to create highly-scalable games and DApps.

Morningstar Ventures

Elrond

Ascensive Assets

Mechanism Capital

Woodstock Fund

Skynet Trading

ZBS CAPITAL

MHC Digital Finance

Spark Digital Capital

DOUBLETOP

Itheum

Moonrock Capital

The Spartan Group

GBV Capital

Waterdrip Capital

Vendetta Capital

Hypersphere Ventures

Blizzard Fund

Infinity Ventures Crypto (IVC)

Figment Capital

Axia8 Ventures

CoinGecko Ventures

Nexo

Everclear (prev Connext)

Kosmos Ventures

Impossible Finance

Nabais Capital

AVentures DAO

Subsquid

3 Chaps Capital

StakeBorg

Ganesh Swami

Erik Ashdown

Derek Yoo

Aurel Iancu

Delroy Bosco

Alex Smirnov

Batuhan Dasgin

Michael Chen

Etienne

Danish Chaudhry

Alchemy

Bware Labs

Shima Capital

HTX Ventures

Wintermute

Mirana Ventures

Legos Capital

HoneyDao

Nima Capital

Incuba Alpha

D1 Ventures

Daedalus

Supernova Fund

Cadenza Ventures

Lemniscap

The LAO

Divergent Ventures

Bitscale Capital

Loi Luu

Evgeny Yurtaev

Julien Bouteloup

Calvin Chu

ParaFi Capital

Guru Network

Ozone Metaverse

GameOn Forge

IDEO CoLab Ventures

1confirmation

Blockchain Capital

Chorus One

Stakefish

Cosmostation

CoinFund

Hashed Fund

Archway

Sociapol

Joseph Delong

Kevin Chou

Alameda Research

Quantstamp

Richard Ma

Mark Cuban

Roham Gharegozlou

500 Global

CMS Holdings

Animal Ventures

SNZ Holding

BTC12 Capital

Continue Capital

Divergence Ventures

Original Capital

Altonomy

Animoca Brands

LD Capital

Krypital Group

Dealean Capital

Ethereum Foundation

Blocto

BNBSwap Ventures

Friend3

Digital Currency Group (DCG)

SamsungNext

HashKey Capital

Token Bay Capital

Momentum 6

DWF Labs

Cypher Capital

Laser Digital

Blockchain Founders Fund

Cogitent Ventures

Crypto Banter

Parachain Ventures

Ripple

Beoble

Gain detailed information about %name% %code% unlock and vesting. Use our token unlock calendar for planning and optimizing your investments. Explore tokenomics and how it's changing with our token distribution chart. Stay updated on unlock events and receive notifications for effective crypto asset management

%name% %code% Token Unlocks and Vesting: Schedule and Tokenomics

Name	Total	Unlocked	Locked
Private Sale	34.6%	34.6%	-
Reserve	26.9%	-	-
Staking Rewards	14.6%	14.6%	-
Advisors	7.69%	7.69%	-
Team	7.69%	7.69%	-
Development & Operations	4.59%	4.59%	-
Transfer Gateway Reserves	3.85%	-	-

Loom Network LOOM

Unlocking LOOM Tokens

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