Loom Network (NEW) Logo

Loom Network (NEW) LOOM

Loom Network (NEW) header image

1. Summary

Limited data

  • 67% of the Loom Network (NEW) code repositories are forked (originally copied) from another project.

Ranks

Liquidity
94
Developer
12
Social
89
Momentum (beta)
71
Stack Rank™
42
Price
$0.06 -0.1%
Market Cap
$68.23M (#504)
Supply
1.22B / 1.30B
Price
52W High price $0.35
52W High date 16th Oct 2023 (8 months ago)
All Time High (ATH) Date 15th Oct 2023 (8 months ago)
ATH Price $0.49
% From ATH -77.89%
All Time Low (ATL) Date 15th Jun 2022 (2 years ago)
ATL Price $0.03
% From ATL 241.66%
Supply & Trading Volume
Trading Volume (24h) $5.20M
Total Supply 1.30B
Circulating Supply 1.22B
Description

Loom Network is a Layer 2 scaling solution for Ethereum that provides a network of DPoS sidechains, allowing for highly scalable blockchain games and DApps while still being backed by the security of Ethereum's mainnet. Dubbed "EOS on Ethereum," Loom's DPoS sidechains offer the same high scalability and throughput as alternative platforms like EOS,...

Loom Network is a Layer 2 scaling solution for Ethereum that provides a network of DPoS sidechains, allowing for highly scalable blockchain games and DApps while still being backed by the security of Ethereum's mainnet. Dubbed "EOS on Ethereum," Loom's DPoS sidechains offer the same high scalability and throughput as alternative platforms like EOS, while maintaining full Ethereum compatibility and security.

Live in Production

Loom Network has been live in production since March 2018, enabling developers to build on the platform and utilize its features.

Highly Scalable Sidechains

Loom's sidechains provide an infrastructure for deploying highly scalable games and user-facing DApps that can interact with other major blockchains, allowing developers to reach a broader user base.

Backed by Ethereum

Loom built the world’s first Plasma Cash implementation, which allows Ethereum-based tokens to be used on Loom sidechains with the full security guarantees of Ethereum.

Delegated Proof of Stake

Loom operates on a Delegated-Proof-of-Stake (DPoS) consensus mechanism, which incentivizes users to contribute towards securing the network through staking and delegation.

Features and SDK

The Loom Network offers an SDK that simplifies application development, enabling developers to build a wide range of dApps without requiring advanced knowledge of Ethereum's native Solidity programming language. Applications developed using the Loom SDK can be integrated into the Loom Network platform through their own unique "dAppChain," designed to carry out distinct rules, consensus methods, and data protocols.

Security and Staking

The network is secured by Ethereum and is further supported by staking, with LOOM holders able to delegate their tokens to help secure the Basechain network and potentially share in rewards.

2. Price

LOOM

2.1. Market Performance

How does Loom Network (NEW)'s (LOOM) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

4.1%

LOOM

1.7%

Similar Market Cap

60 Day Return

29.7%

LOOM

-5.6%

Similar Market Cap

1 Year Return

52.4%

LOOM

35.6%

Similar Market Cap

3. Developer Activity

We're monitoring 110 Loom Network (NEW) GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Loom Network (NEW) Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 7
  • Past year: 11 commits vs. an average of 128

Most Active Repos

Past week 1
Past 12 weeks 4
Past year 58
Past week 1
Past 12 weeks 30
Past year 37
Past week 0
Past 12 weeks 0
Past year 19
Past week 0
Past 12 weeks 1
Past year 17
Past week 0
Past 12 weeks 0
Past year 6

Top Developers 2024

In total, 241 developers have contributed to Loom Network (NEW) over the past year. Who are the most active Loom Network (NEW) developers, by commits, over the past year?

Related Projects

Developers working on Loom Network (NEW) also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 0
Active Reddit Users (past 24h) 0
Discord users
Active Discord Users
Telegram Users 6,840
Twitter followers 44,425
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://loomx.io/
Explorer https://etherscan.io/token/0xa4e8c3ec456107ea67d30...
Twitter @loomnetwork

What is the correct contract address for Loom Network (NEW)?

Energi 0xb506a79b296b78965f0a5c15e1474b026c23d9fa
Ethereum 0x42476f744292107e34519f9c357927074ea3f75d

Has Loom Network (NEW) been audited for security?

No security audits found for this project.

Are you the owner of Loom Network (NEW)? Edit it here

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