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Topic: [ANN]LOOMIA - Smart Textile Technology. Founder Maddy Maxey. Sale Early 2018 - page 20. (Read 21362 times)

full member
Activity: 476
Merit: 100
an awesome disruptive technology and textile innovation,
that will definitely change the world and that will change the financial status for the better.
member
Activity: 434
Merit: 10
Hello and welcome everyone to LOOMIA channel!  Glad to have you here 🙂

Our whitelist is now closed. Interested parties can register on our waitlist here:
https://docs.google.com/forms/d/e/1FAIpQLSdXnTAvY-N1DMbTKAmlqn9jrUKydsDIRkEBw8h6LI0Au9zM_Q/viewform
TGE dates to be announced soon. Please, stay tuned!
sr. member
Activity: 546
Merit: 254
Proof-of-Stake Blockchain Network
A wonderful project. Smart clothes, it's intirest. I think this will be used in the future every day. If it is cumulative and works correctly with a variety of gadgets, then it will be a textile revolution. It is necessary to focus on this idea.
newbie
Activity: 84
Merit: 0
the use of clothing to collect data very interesting solution, and the relationship with business applications is a breakthrough in the industry.
Indeed! Our textile circuits collects data such as product use and conditions overtime. Things like motion, speed, temperature and so on. Understanding that in the northeast leather jackets aren't worn below 50 degrees for example: this problem is a 100B of no post sale user data tied to specific products to understand use, to inform an iterative design and production process. Apparel is one of the few industries that gets nearly no post sale data on the goods they create. Gartner and Accenture have great reports on this I'll need to dig up.
That's a massive material problem for an industry that spends billions a year effectively guessing what products will be successful two years out versus being able to understand what products are in use now. Understanding patterns around product use has large implications for supply chain development and management, and more specifically, around future product development that accurately reflects what's successful in the marketplace.
The goal isn't for LOOMIA to centralize rewards, the goal is to create a universal rewards system across brands for data share, like universal airlines miles for example.
a good goal is to find and become the General equivalent in the system only under airlines miles have a physical basis, what's theи basis underlying cause will be your equivalent?
jr. member
Activity: 214
Merit: 1
Rather than creating hype and making more expectation. I believe in the project. As It’s first of its kind.

We really appreciate the support, thank you very much.
full member
Activity: 490
Merit: 100
You should know!!

Our CEO Janett is a gardener when it comes to supporting our team. This quick video via @Entrepreneur explains what that means and why it matters! https://t.co/tTloWLEOSg
member
Activity: 210
Merit: 10
Rather than creating hype and making more expectation. I believe in the project. As It’s first of its kind.
member
Activity: 434
Merit: 10
the use of clothing to collect data very interesting solution, and the relationship with business applications is a breakthrough in the industry.
Indeed! Our textile circuits collects data such as product use and conditions overtime. Things like motion, speed, temperature and so on. Understanding that in the northeast leather jackets aren't worn below 50 degrees for example: this problem is a 100B of no post sale user data tied to specific products to understand use, to inform an iterative design and production process. Apparel is one of the few industries that gets nearly no post sale data on the goods they create. Gartner and Accenture have great reports on this I'll need to dig up.
That's a massive material problem for an industry that spends billions a year effectively guessing what products will be successful two years out versus being able to understand what products are in use now. Understanding patterns around product use has large implications for supply chain development and management, and more specifically, around future product development that accurately reflects what's successful in the marketplace.
The goal isn't for LOOMIA to centralize rewards, the goal is to create a universal rewards system across brands for data share, like universal airlines miles for example.
newbie
Activity: 84
Merit: 0
the use of clothing to collect data very interesting solution, and the relationship with business applications is a breakthrough in the industry.
jr. member
Activity: 214
Merit: 1
Come join our community over on Telegram https://t.me/LOOMIA
member
Activity: 476
Merit: 11
this gonna be interesting from us financial services to those who are outside or heavily burdened by their local and formal financial systems

Thank you for the overwhelming interest.
newbie
Activity: 112
Merit: 0
this gonna be interesting from us financial services to those who are outside or heavily burdened by their local and formal financial systems
newbie
Activity: 112
Merit: 0
this gonna be interesting from us financial services to those who are outside or heavily burdened by their local and formal financial systems
member
Activity: 392
Merit: 10

Thanks for the contribution! Have you posted in the bounty channel?
member
Activity: 476
Merit: 11
Does the LOOMIA have a competition at the moment or will have in the future? Any problems with the manufacture of this device will may appear?

We all know to a certain point there is nothing truly new under the sun, but we are pretty close. There have been many forays into the wearable space using very different methodologies, graphene, conductive inks, wires embedded into textiles, and we'll leave it to the market to determine the pros and cons of those. As it relates to our business model, we are pretty unique. We most closely mirror, on the B2B side, Gore-Tex, which is a functional fabric that is sold B2B to brands and manufacturers, with a licensing model and specific method for integration. Their brand stands alone to represent superior performance for the functionality they offer. On the data side, there are many different models centered around paying people for clicking ads, collecting your digital data trail for certain returns, but there isnt, to the best of our knowledge, a 360 merging of functional textile circuits, actively performing, collecting data, paired with a decentralized marketplace and platform for trading, storing, and leveraging that data.

We feel pretty confident we are uniquely positioned in the space, but every participant of course is responsible for their own diligence and judgement of course.
full member
Activity: 490
Merit: 106
jr. member
Activity: 350
Merit: 2
Does the LOOMIA have a competition at the moment or will have in the future? Any problems with the manufacture of this device will may appear?
The smart textiles space is growing everyday, projected to be a 135B dollar industry by 2025. That being said, folks are going about it different ways. We've seen a lot of focus on conductive ink (we explored that ourselves) but there are some scalability/environmental/substrate challenges that have prevented widespread adoption. Happy to say LOOMIA has worked closely with most any "competitor", so I tend to call them "collaborators" 😉

Nearly 4 years of development to date on the LEL might provide additional context. LOOMIA is not a brand new company starting from scratch, and we have strong relationships with our manufacturers that has allowed us to be efficient with development. In addition, TILE leverages LEL base technology. As you may have seen in today’s hardware space ( Nest, Fitbit, Alexa) hardware without software isn’t a complete product. Our team has a computer science P.h.D and a masters in design and technology engineer . On our team, we can fully build samples from hardware to software and connect the two. Our manufacturing partners produce hardware for Honeywell and has a team of expert electrical engineers, to say nothing of their production capacity, It’s important to know the strengths of your team, which is why we have partnered with experts in the blockchain space such as STORJ and will build on top of blockstack for our product. We see ourselves as a product company above all, as we will acquire the needed expertise to make a complete system for the user.

hero member
Activity: 798
Merit: 500
Does the LOOMIA have a competition at the moment or will have in the future? Any problems with the manufacture of this device will may appear?
member
Activity: 392
Merit: 10
member
Activity: 476
Merit: 11
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