Topic: Loom Network (loomx.io) - a hidden gem (Read 1033 times)

Dear Loom Network Family! 🚀


I used to invest in LOOM back in 2020 and 2021 but right now sitting on sidelines waiting for better times to come


However the token is gaining momentum right now so I started to wonder is it its' time to come back?🤔
So if you'd like to find out my latest research on the case I am kindly inviting you to check out the video:


 inside you will figure out:
- Latest updates on LOOM and its impact on the token
- fundamentals of a LOOM
- sentiment around and technicals
- what macroeconomy tells us about the prospects of Loom Network




 and of course let me know your thoughts! 👨‍💼🔥


https://www.youtube.com/watch?v=7LBXwlin9yA&ab_channel=WallStreetStation

Loom released an updated network roadmap and project plans for the period from Q3 2020 to Q2 2021
https://medium.com/@loomnetwork/loom-network-roadmap-2020-2021-2b53d3d986d4

I have heard this news about them to have their final exit. This is a good answer for them that they've actually answered directly to cointelegraph's article. I am certainly not an investor of it but just like the lovely name of their project.
I remember a youtube video that I'm watching last night and they were mentioned that they're already got out of the market. And those said of exit were just rumors, it's good that they have finally cleared the accusation.

Loom Network Responds to Rumors of the Project’s Demise

“Globally, we are facing one of the worst economic downturns and an epidemic that has infected more than a million people. Our plan for the future has to take this into account, and we must pivot our products into a space where they can generate revenue to offset our expenses.”

https://cointelegraph.com/news/loom-network-responds-to-rumors-of-the-projects-demise

This is really a great project, I participated in their bounty campaign. From then to now, Loom Network keeps growing! This is a true gem coin, Loom coin's volume is pretty high and they listed in all top exchanges! And I believe with this new partnership, Loom will have more use cases! 

New partnership, now Loom Network is available for use in Kyber Network, Launches Bad (APR) Automated price reserve using LOOM token https://blog.kyber.network/loom-network-loom-is-now-available-on-kyber-network-93d9f8d1739a

Very cheap 

yes i agree this is a hidden gem alot of altcoin can rise in value after people realize the real utility behind them good luck for all hodlers and believers of small market cap coin like me they are the future

I'm also keeping my eyes on LOOM longterm.
less than 1000 sats seems like a good entry imo.

Loom network is perfectly a best asset for investment. With its perfect integration into trx blockchain it gains more strength to be more potential. Among low value investment it is good for long term profiting, this being listed to Binance has added value. Already it have reached a much higher value compared to the present value. With this I believe the growth will progress big in the future.

Loom Network Intergates With TRON Blockchain & Relentless Special Cards Sale: https://www.publish0x.com/cryptogames/loom-network-intergates-with-tron-blockchain-relentless-special-cards-sale-xnqnzj

totaly makes sense, but what about the lockup bonus?
or the annual reward already takes into account the lockup bonus?

just waiting for the axie infinity validator to come to lockup for one year with them.

Loom Network being interoperable with Ethereum, EOS, Tron and soon Cosmos is looking very promising, and the team is progressing very fast indeed.
Loom's 2019 Roadmap https://medium.com/loom-network/loom-network-roadmap-2019-5183ce02267

lock for a year gives you 20% annual return
lockup for 6 months gives your 10% annual return
before validators' fees
checkout more details on https://medium.com/loom-network/plasmachain-validator-staking-economics-part-1-e816d5825849

how to stake your LOOM
checkout here https://medium.com/stakewithus/loom-network-delegation-guide-f8a3e8669663

couldn't open it here, are you sure its online?

some really simple thing I didn't notice before:
when staking low time, 2 weeksgive you 5% annualized return, and not 5% over two weeks,
of course.

Is interesting, i didn't see or found this coin earlier, i have to do some research and maybe after i will invest some because i think have more chances to grow if a bull run will come.

Crypto Passive Income Series #1: Loom PlasmaChain Staking https://www.publish0x.com/crypto-guides/crypto-passive-income-series-1-loom-plasmachain-staking-xdropp

I think you're not following closely what they're doing.
have youeen that Axie Infinity will become a LOOM validator soom and in the near future push the game to be on the sidechain instead of on ETH mainet?
this is just the beggining

https://medium.com/axie-infinity/axie-infinity-and-loom-network-alliance-b713ae84adbd

With all these positives about the network, still few or no one is using the platform, which is a big concern tome, most of these projects collected fund from investors and can't show  how they are spending the money or even deliver a use-case with adoption for their network, me in particular I am getting tired of these ICOs/IEOs

actually LOOM team is delivering a lot.
they have a really resonsive team and actionable steps on making the crypto system better.
have you checked plasma chain and zombie battleground?

I was so much interested when I saw the name loom because I was thinking it is the project a lot of persons have been telling me about to invest my money when I know so well that it must turn out to be a scam, imagine telling me to give $10 in order to get $1000 within the next 24 hours, though I read about this loom and I think they don't offer this kind of services, so I believe the loom I was introduced too is a totally different one.

Loom is Among April's Most Active ERC-20 Dapps - This is what they have been working on: https://www.publish0x.com/santiment-official-blog/heres-what-aprils-most-active-erc-20-dapps-have-been-working-on-xvrlxq

thanks a lot for the telegram link, didn't have it.

I know it's not a problem that they're not active here, it's just that bitcointalk is more orgnized for searching thread for example, and announcing news,
better than telegram imo.

thats not a big problem my friend, because not only LOOM, but a lot of cryptocurrencies didn't have an official bitcointalk thread too
seems the team is prefer to use telegram, because they active there
here is their thelegram link https://t.me/loomnetwork

Games will come first to adopt
https://www.coingecko.com/en/coins/loom-network

The main goal of the project is to allow app developers to have smart contracts that can access more computing power when necessary, or the same computing at lower costs for tasks.Loom network also a solution to relieve congestion and focus on DAPPS and different social platforms.The total team members at present are around 50 and may be we can see growth in it soon.While making transfers and participating in the loom network it is necessary to hold at least 1 loom which can be used as stake in their platform.

Good for you.

Anyone got inside before the hype? I missed the boat, don't know if it is still viable to invest today as the price has spike already. Don't want to buy high and sell low, if you know what I mean.

I'm following LOOM coin from so many months and I've also big bag of Loom coin. I'm expecting big returns from this coin within next 7 months.   

does anybody knows why LOOM don't have an official bitcointalk thread?

Loom network seems to be the best in the market, also it is predicted to grow big by experts. As aof now it is in the downtrend, upon which it is the right time to make the investment. Another important thing is the listing of loom network to the Binance trading platform. This assures the ease of trading which is also a must for growth.

Really waiting for the games to be just on it https://www.coingecko.com/en/coins/loom-network

I do not find one as well.
I follow them in
Twitter https://twitter.com/loomnetwork
and
Medium https://medium.com/loom-network

Does Loom have an official thread?

I like how this coin basically constantly compares and models itself as an EOS on ETH (for scaling). Good hedge on my EOS itself.

Is it actually live yet with any dapps with notable volume and user transactions?

today the price of Loom network rising significantly, when the market down,, maybe because of the latest announcements above
http://prntscr.com/lsahbz
i think i will do my own research to this altcoins before decided to invest in this alt 

Loom SDK Projects: CryptoWars Announces First Tournament — $2,500 in Prizes


"In order to publicly test the game’s alpha version, the team at Experimental have announced the first ever CryptoWars tournament. The event lasts for one month, starts on December 15, and is now open for registration. There will be $2,500 in prizes awarded to the top 5 players!"
Learn more: https://medium.com/loom-network/loom-sdk-projects-cryptowars-announces-first-tournament-2-500-in-prizes-4f5c72bc48d4.

Are you going to #Devcon4 in Prague? 🤔

We'll be giving 2 TALKS on the future of decentralized gaming & Plasma Cash on 📆 Nov 2nd starting @ 10am on the Prism Stage.

BTW, these talks fill up FAST, so please come early to save your seat! 🙂 https://t.co/ZCpCNQrdkl

Loom Network Paper Wallet Generator:

https://cryptonizor.com/wallet/loom-network/

Loom Network got featured as one of the top 5 coins flying under the radar by CoinCodex:

https://coincodex.com/article/2301/5-coins-that-are-flying-under-the-radar/

Crypto currency Loom is a digital token created on top of the Ethereum blockchain network Loom Network. The developers of this network decided to fix the vital problems of Ether, and improved the characteristics responsible for network scaling. In its essence, Loom Network will provide users with functionality similar to Ethereum, but there will be a number of features. If the number of projects created on the Ethereum blockchain grows, we will undoubtedly see its problems with speed. In this case, the society will need a platform that will accept all the developers, and will not allow the problems that have happened. This platform may be - Loom Network. So now it's hard to say something concrete, for today this project is not very noticeable.

Hi. Is there anybody interested in 100 coins just for writing 5 reviews about LOOM and another 4 coins.

These are the conditions I found on their site.

1) Go to Revain platform and leave a review on 5 following projects:

Apis (APIS)
MCO (MCO)
Selfkey (KEY)
Loom Network (LOOM)
QuarkChain (QKC)

Total: 5 reviews (one review for every project).

Your reviews should be at least 300 symbols long and contain clear and helpful arguments. Write your own opinion. Doesn’t matter if it is positive, negative or neutral.

IMPORTANT: All reviews should be fully original and English language only. They shouldn’t be similar to other reviews including your own.

2) Leave 5 messages in each Telegram group of this projects. The main idea of a message should be that you left a review on their project on Revain platform. Your message should be original and not too simple. Do something creative.

Also, insert link to your review.

Here is the list of Telegram groups:
Apis (APIS) https://t.me/TheApisplatform
MCO (MCO) https://t.me/MCOCryptoOfficial
Selfkey (KEY) https://t.me/selfkeyfoundation
Loom Network (LOOM) https://t.me/loomnetwork
QuarkChain (QKC) https://t.me/quarkchainio


3) Tweet to official Twitter accounts of this projects. The main idea of a tweet should be that you left a review on their project on Revain platform. Your message should be original and not too simple. Do something creative. Also, insert link to your review.

IMPORTANT: Your tweet should be under the latest post.

List of Twitter accounts:
Apis (APIS) https://twitter.com/Apis11Official
MCO (MCO) https://twitter.com/MCO_Crypto
Selfkey (KEY) https://twitter.com/SelfKey/
Loom Network (LOOM) https://twitter.com/loomnetwork
QuarkChain (QKC) https://twitter.com/Quark_Chain

4) Retweet this tweet.

Dates

The giveaway starts August 27 and will last until we announce it’s ending.

Requirements

Please read it carefully as because of the non-compliance with this requirements you may not receive awards.

- Twitter account which you will use for this giveaway should be legit. Meaning, it should be your normal personal account. It should have your real name, your photos, information, history (account should not be empty and created recently). We reserve the right to ban you from the giveaway if we think your account looks suspicious.

- The style of language which you will use to write should be polite and unobtrusive, without to much slang and emotions.

- One person can participate only once. If we determine that a person is participating multiple we may ban him from this giveaway.

How to receive awards

After you complete all steps of the giveaway please fill this form . You should provide the following information there:

- Your wallet address. We will be sending tokens there
- Links to the reviews you wrote. To get the link, go to your review and click the ‘copy link’ button
- 5 links to your tweets
- 5 screenshots of your messages on Telegram

The distribution will happen 24 hours after the end of the giveaway.

Conditions of this giveaway are not final. Revain reserves the rights to change the terms without any additional notifications.

Good luck!

StealthPay allows you to buy Loom with PayPal. Here are some easy steps to go:

1) Get a Stealth (XST) address on Bittrex.com
2) Go to www.stealthpay.com
3) Click on "Buy Stealth", fill in the relevant fields and click "Order Now".
4) In the "Payment Method" choose PayPal payment method.
5) Follow the displayed instructions.
6) After you receive your Stealth (XST), sell them on Bittrex against BTC.
7) Buy Loom.

It's a very nice project !
Very undervalued at the moment

Is there an official ANN for this project? I'd like to know what the community are saying, rather than just looking at the website.
It's doing very well today, finally, after many weeks of correcting 

Loom Network got featured as the coin to watch by CoinCodex:

https://coincodex.com/article/1809/coins-to-watch-june-4-june-10-2018/

Hello Loom Network believers,

Our aim is to add value to the whole crypto community by giving the best user experience to analyse cryptocurrencies.

It would be really great help from your side if you can spend 60 seconds of your time and give us your valuable feedback for our two recent updates 1) Snapshot and 2) Colourful interface of Loom Network at: https://cointopper.com/coin/loomnetwork

Constructive criticisms are always welcome at CoinTopper.  Thank you!!

Interesting project with good prospects. But I think that right now the price is too high.

There's another coin that was pumped hard in binance and that is the bytecoin, you really can see on how this exchange can make good pump for a coin.
This is why many likes to be listed on binance and that makes the coin well known and make it look legit.

This looks like a good project , can easily skyrocket to 3-4$ and more

Binance listing for a coin is like nasdaq listing of a tech stock! Of course, Binance usually only lists good projects and I am glad to hold loom network from pretty low prices of last month.

yeah binance is just like a pump exchange,
because most of crypto if listed there , the price will growing hardly

It's so quick and have been watching it out too so it was rank 63 on CMC that was quick. The last time I've seen it was around at rank 100.
I noticed it too when a coin listed on them it was pumped hard.

just shows what binance can do for a coin, looks promising been keeping a eye on it ever since it hit binance wish i knew of it sooner just started getting back into reading the threads again.

Wow how did I miss your post  Loom Network did really well since your post and it's already over 100% up in the last 7 days. It did very well, the same as many other infrastructure projects like TOMO for example. The question now, what is the next hidden gem? 

Looks like Loom is getting really nice gains and also the trading volume is really high since it got listed on Binance. If the positive market sentiment continues this will for sure increase a lot more.

Looks like you were right.  It's gone about 8x since you posted.  Unfortunately I didn't discover this gem of a project until today and now at $400m mcap, I think it's way too late.

LOOM got listed on Binance today and price spiked by over 40%

Hi Guys
Checks Loom Network (loomx.io). It's a platform for building large scale dapps on Etherreum. Their initial blockchain based game Cryptozombies coming on April 20th and many games are in pipeline. Also partnerships with many game devs are in the works. They have built a Blockchain based  QA website called delegatecall.com using their SDK.