Mlc Posted October 28, 2018 #1 Posted October 28, 2018 Have you guys heard of the LOOM NETWORK? I read its one of the top trading ico's so i thought i would summarise what it is and its cool features. I actually like the loom Network, its an Ethereum-based platform built for social media and online games. its open source, scalable, forkable, Full-featured blockchains called DappChains exist on Loom in essence, these are sidechains optimised to scale data. Loom SDK is a platform which makes it possible for developers to create their own sidechains, Are you with me so far ? anyway the LOOM token, an ERC20 token acts as an all-access pass for all dApps ( Im sure most are familiar with dApps ?) and DAppChains running on the platform, and its balance is checked every time a digital asset transfer attempt is made between DAppChains, DApps, and the Ethereum network. The minimum token required to execute a complete digital asset transfer is 1 LOOM token. The network is lightning fast and all tokens are backed by the Ethereum blockchain and the network continues to grow with the solutions it is offering. Im actually really interested in seeing where this goes, what other features and tokens will come out of the initial loom token ? any thoughts ?
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