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Loom Network (LOOM)

€ 0,0632296000

-0,38 % € -0,00027

Loom Network Price in Euros

(LOOM to EUR)

€ 0,0632296000

Loom Network Volume

(24h)

€ 5.43 M

Market Cap

(Loom Network)

€78.4 M
BTC

What is Loom Network

Loom Network is a Platform-as-a-Service (PaaS) and Ethereum-based platform that hosts smart contracts and highly-scalable decentralized applications across multiple blockchains. The network uses an SDK or Software Development Kit that is essential for developing online games and large-scale decentralized social applications with blockchain technology as the basis.

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How does Loom Network work?

The Loom Network has DAppChains, which are connected to the Ethereum mainnet smart contracts and function as sidechains where the decentralized apps are built. The Loom SDK helps make the building and deployment process of developers’ apps and games on the DAppChains easier and more convenient.

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How to buy Loom Network?

You can buy Loom Network (LOOM) in a crypto exchange like Coinmerce. It's simple to do: just indicate what price you want to pay for Loom Network (LOOM) (or buy it instantly for the market price), whereafter you get Loom Network (LOOM) within a few minutes.

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How to buy Loom Network?

You want to buy Loom Network? You can buy Loom Network using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see Loom Network, use the search function to search for Loom Network and click on the name. You can indicate for how many euros you want to buy Loom Network in the right window. Below is shown how much Loom Network you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy Loom Network when the price of Loom Network reaches your entered value. You can also execute a repeating order. Do you want to buy Loom Network with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive Loom Network.

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About Loom Network

James Duffy, Luke Zhang, and Matthew Campbell created the Loom Network and introduced it to the public in 2017. Duffy’s background and experience are in entrepreneurship and marketing. He is also a crypto-enthusiast who previously worked with KoreaJobFinder and as Casual Steps, Inc.’s leading developer. IT specialist Zhang used to hold positions at Elemica, Workpolice, and BlockMasinInc. Campbell’s extensive experiences were with Thomas Reuters, Err Plane, Hyperworks Inc, and Digital Ocean. Loom Network’s cryptocurrency goes by the ticker LOOM and was created in the early part of 2018. Trading started in March 2018. LOOM is the network’s membership token and is used for staking. Although the coin cannot be mined, any user can earn it through dapps. The Loom Network’s main goal is to serve as a major blockchain platform for running social and game applications. In other words, users on the network have the opportunity to create the next Facebook or Instagram.

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Founder James Martin Duffy
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Founded 2017
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Industry Scalability platform
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Website Website
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Network Ethereum
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Location Thailand
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Rank 553
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Market Cap 78.4 M
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Trading volume 5.43 M
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Maximum coins 0
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Circulating 1.24 B
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LOOM is currently not listed on Coinmerce. Download our app to stay up-to-date about future listings.

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