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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%