Name: Powerloom Protocol
SKU: POWER
Price: 0.019029049526 USD

Powerloom Protocol is a decentralized data protocol designed to cater to the increasing data needs of smart contract-based applications, particularly in sectors such as decentralized finance (DeFi), gaming, and other user-centric platforms. It incentivizes participants to achieve consensus on state transitions and event emissions across multiple smart contracts, creating a reliable and transparent data ecosystem.<h2>Key Features of Powerloom Protocol:</h2><ul><li>Decentralized Data: Powerloom allows developers to build applications on top of consensus-backed data, enhancing reliability and transparency. This decentralized approach ensures that data is not only accessible but also trustworthy.</li><li>Real-Time Data Updates: The protocol employs a network of "snapshotters" that provide real-time updates as transactions occur on the blockchain. This capability is crucial for applications that require live data feeds.</li><li>Flexible Data Models: Developers can create custom use cases and contribute to data markets, allowing for tailored solutions beyond basic transaction tracking. This flexibility supports various applications, from dashboards to bots and aggregators.</li><li>Modular Architecture: Powerloom's design is modular and extensible, making it easy for developers to integrate new data sources and build upon existing data pipelines. This architecture supports the creation of complex data applications while maintaining ease of use.</li></ul>

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PowerLoom Protocol aggregates on-chain and off-chain data to generate snapshots with cryptographic proofs in a decentralized manner. It aims to build trust and offer meaningful insights on demand through a rich ecosystem of peers and stakeholders that are incentivized to participate in the protocol.Snapshot Storage, Proof and FinalizationThere are 4 functional blocks of this module/subsystem This module/subsystem takes the snapshot payload submitted by a snapshotter and performs the following:<ol><li>Verify if the snapshots are arriving in order for a project(based on the source blockChain block-height) and store it in decentralized storage systems like IPFS and optionally web3.storage.</li><li>[Optional] anchor the proof of snapshot on to the anchor chain</li><li>Listen to events from smart-contract on the anchor chain and order the confirmation callbacks against anchor transactions</li><li>Finalize the snapshot by recording the txHash (on anchor chain), snapshotCID and some other details (refer DAG Block) by adding it to the DAG Chain.</li></ol>

Powerloom Protocol

Powerloom Protocol is a decentralized data protocol designed to cater to the increasing data needs of smart contract-based applications.

Morningstar Ventures

Moonrock Capital

The Spartan Group

GBV Capital

Waterdrip Capital

Vendetta Capital

Ascensive Assets

Hypersphere Ventures

Blizzard Fund

Infinity Ventures Crypto (IVC)

Woodstock Fund

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

Tenet

GameOn Forge

Sociapol

Pivot Global

ConsenSys

Cointelegraph

Big Brain Holdings

Dewhales

Founderheads

Galxe

Dutch Crypto Investors

CSP DAO

Decubate Ventures

DEC Ventures

Poolz Ventures

Gains Associates

Ivan on Tech

Anshul Dhir

That Martini Guy

Boxmining

Nischal Shetty

Zoran Kole

Ash Crypto

Anbessa

Eric Cryptoman

Plena Finance

Crypto.com Capital

Solana Ventures

Shima Capital

KuCoin Labs

Arcade

Marshland Capital

ChainGPT Labs

GT Protocol

Polychain Capital

Jump Crypto

Breyer Capital

Balaji Srinivasan

Ryan Selkis

Gavin Wood

Sean Neville

Kain Warwick

Tekin Salimi

Jordan Momtazi

Qiao Wang

YZi Labs (Prev. Binance Labs)

Hack VC

AltLayer

Attarius Network

Her.AI

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
Network Incentives	27%	4.35%	22.6%
Team	20%	-	20%
Investor Allocation	13%	-	13%
DAO Treasury	11%	-	11%
Community Incentives	10%	2.89%	7.11%
Reserve	9.00%	-	9.01%
Ecosystem	6.00%	0.20%	5.81%
Liquidity	2.00%	2.00%	-
Advisors	2.00%	-	2.00%

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