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LOOM

Loom Network  

#LOOM

LOOM Price:
$0.05
Volume:
$6.2 M
All Time High:
$0.76
Market Cap:
$31.5 M


Circulating Supply:
602,422,583
Exchanges:
17
Total Supply:
1,000,000,000
Markets:
21
Max Supply:
1,000,000,000
Pairs:
37



  LOOM PRICE


The price of #LOOM today is $0.05 USD.

The lowest LOOM price for this period was $0, the highest was $0.052, and the exact current price of one LOOM crypto coin is $0.05235.

The all-time high LOOM coin price was $0.76.

Use our custom price calculator to see the hypothetical price of LOOM with market cap of BTC or other crypto coins.


  LOOM OVERVIEW


The code for Loom Network crypto currency is #LOOM.

Loom Network is 4.6 years old.


  LOOM MARKET CAP


The current market capitalization for Loom Network is $31,534,649.

Loom Network is ranking upwards to #372, by market cap (and other factors).


  LOOM VOLUME


The trading volume is big today for #LOOM.

Today's 24-hour trading volume across all exchanges for Loom Network is $6,218,001.


  LOOM SUPPLY


The circulating supply of LOOM is 602,422,583 coins, which is 60% of the maximum coin supply.


  LOOM BLOCKCHAIN


LOOM is a token on the Ethereum blockchain, and has digital contracts with 1 other blockchain.

See list of the LOOM Blockchain contracts with 2 different blockchains.


  LOOM EXCHANGES


LOOM is integrated with many pairings with other cryptocurrencies and is listed on at least 17 crypto exchanges.

View #LOOM trading pairs and crypto exchanges that currently support #LOOM purchase.


  LOOM RESOURCES


Websiteloomx.io
Whitepaperloomx.io/developers/en/intro-to-loom.html
Twitterloomnetwork
Redditr/loomnetwork
Telegramloomnetwork
Mediumloom-network


  LOOM DEVELOPER NEWS



Cryptozombies Live Event Recap

Last Saturday we ran the first ever Cryptozombies Live Event! — An introduction - This was the first event we’ve organized that had an instructor-led interactive coding session. The new class-like format is part of our plan to expand Cryptozombies to cater to different learning styles, in addition to providing secondary benefits to students like the opportunity to network and collaborate with fellow blockchain enthusiasts. The event itself was hosted on the Happen Space Online & Hybrid Event Platform, with the Happen team graciously helping us organize the event, and troubleshooting last minute technical issues… which always seem to crop up regardless of how much testing you do beforehand :) The instructor for this event was Ed Zynda, a full-stack developer with over 10 years of industry experience who specializes in Web3 and blockchain technologies. He currently works as the lead blockchain engineer at Li.Finance. With the introductions out of the way, lets do a quick recap of how the event turned out. — Let there be… video… please?! - We had a dozen people show up at the agreed time and place — in the Happen Space Cryptozombies space. A pretty good turn out for our first event, and just the right amount of people for an intimate classroom session. Unfortunately, everyone had to wait a little while for us to sort out some technical issues with Ed’s video streaming setup before the live codi...




Loom Network Update Q2 2022

Exciting stuff has been happening at Loom Network lately! — Cryptozombies Live - As previously announced, in addition to increasing the range of topics covered by the Cryptozombies curriculum, we’re expanding Cryptozombies to cater to different learning styles by adding instructor-led interactive coding sessions. The live events are hosted on the Happen Space Event platform and provide a more dynamic and engaging learning experience, while also giving aspiring blockchain developers ample opportunities to network with other like-minded individuals. Over the last four years we have taught over 500,000 people the basics of blockchain development through the Cryptozombies courses. Every day new developers discover this fantastic resource, and at this point you’d be hard-pressed to find an experienced blockchain developer who hasn’t heard of Cryptozombies! It’s a very strong brand, and we’re planning on leveraging it to a much greater extent to promote our Metaverse platform. — Metaverse Platform - We’re building an open Metaverse platform, backed by public blockchains like Ethereum, and of course our own production network Basechain. Our Metaverse platform allows developers to easily integrate blockchain-backed digital assets, virtual items, and extensive NFT-based privilege systems into their Metaverse experiences. Happen Space will be the first company to go live on our Metaverse platform, starting with ...




LOOM Learn & Trade Promo on Binance

Binance, the World’s Largest Crypto Exchange will launch two LOOM promotions on November 17th, 2021 with $100,000 in prizes up for grabs! The promotions will start on November 17, 2021 00:00 (UTC) and run until November 23, 2021 23:59 (UTC). — Promotion A: Learn and Earn ($60k Prize Pool) - During the activity, users who trade LOOM, finish watching the LOOM Network (LOOM) introduction video, and take the quiz in this form, will share a prize pool of $60,000 in LOOM token vouchers. Reward 1: All users who trade 5,000 LOOM or more (including both buys & sells) in the eligible LOOM trading pairs and participate in taking the quiz, will be qualified to share the prize pool of $20,000 in LOOM token vouchers. Rewards will be distributed based on the total number of correctly answered questions as a proportion of all correctly answered questions by all qualified users., Reward Calculation: The reward for the qualified user = (Individual user’s correctly answered questions / total number of correctly answered questions from all qualified users) * $20,000 in LOOM token vouchers. Reward 2: All users who trade 10,000 LOOM or more (including both buys & sells) in the eligible LOOM trading pairs, and participate in taking the quiz and providing correct answers to all of the questions, will be qualified to equally share the prize pool of $40,000 in LOOM token vouchers., NOTE: Winners from Promotion A (Reward 2) will no...




Loom Kusama Crowdloan Retrospective

Overview - On July 20th, 2021, Bifrost secured the final Kusama parachain slot in the 5th Kusama auction, by locking in 136,817 KSM. Basilisk put up a good fight for a while, ultimately raising 116,808 KSM — not quite enough to secure the winning bid. As for the other 11 bidders, only two managed to raise over 20k KSM through their Crowdloans. The 5th Kusama auction was the last in the current series of auctions, all up over 1.1 million KSM has been locked up for the next 48 weeks (which is the duration of the lease for the on-boarded parachains). Here’s the full list of winners and the amounts they’ve raised through their Crowdloans: Karura — 501,137 KSM, Moonriver — 205,935 KSM, Shiden — 138,457 KSM, Khala — 132,280 KSM, Bifrost — 136,817 KSM, Most of the parachain launches went smoothly, though Moonriver triggered a bug in the Kusama relay chain that caused their parachain to stall for a little while, fortunately they found a workaround and got their parachain running again fairly quickly.Photo by Alexey Savchenko on Unsplash — Retrospective - Going into these Kusama auctions we assumed that the amount of KSM that would be needed to win would drop significantly with each successive auction. Thus, we reasoned that the last auction could be easily won with a modest 50k KSM or thereabouts. Unfortunately our assumption turned out to be incorrect… while there was a signific...




Loom Kusama Crowdloan Launch

Overview - At Loom Network, we want to enable developers to build dapps that are easily accessible across all major blockchains, and for users to be able to use dapps without wasting time trying to figure out the intricacies of the blockchain each dapp happens to be running on. To that end we’ve already built integrations with Ethereum, TRON, and Binance Smart Chain. ParityTech, and the Polkadot developer community at large have made great strides lately, and the first in a series of Kusama parachain slot auctions are now underway. The first few parachains have already been on-boarded on the Kusama relay chain, a huge milestone! The Polkadot ecosystem is at the forefront of blockchain innovation, thanks in large part to ParityTech’s work over the last few years in building up the Substrate and Cumulus SDKs that now power a vast assortment of blockchains. We’re very excited about the future of the Polkadot ecosystem, and intend to integrate it into our ever growing ecosystem of blockchains. To start with we want to on-board our own experimental parachain on Kusama, and in order to do so we’re launching a Kusama Crowdloan! — Polkadot Chains - The Polkadot ecosystem currently consists of two production relay chains, Polkadot, and Kusama. The latter comes with its own nifty tag line: expect chaos, that’s because Kusama aims to run on the bleeding edge of Polkadot development, while development of the main Polkadot...




Integrating Polkadot into the Loom Ecosystem of Blockchains

Overview - At Loom Network, we want to enable developers to build dapps that are easily accessible across all major blockchains, and for users to be able to use dapps without wasting time trying to figure out the intricacies of the blockchain each dapp happens to be running on. To that end we’ve already built integrations with Ethereum, TRON, and Binance Smart Chain, and now it’s time to start planning the next major integration for our ever growing ecosystem of blockchains. We think building an integration with Polkadot makes the most sense, but before we begin working on this in earnest we’d like to get some feedback from our community to make sure we’re on the right track. — What is Polkadot? - Polkadot is one of the most popular blockchain projects at the time of writing, it was started by Gavin Woods, Ethereum’s former CTO. The project consists of a heterogeneous multichain with shared security and interoperability. In other words, there’s a central Relay chain, and all Polkadot validators stake and validate on this chain. The Relay chain supports only a small number of transaction types that control the governance mechanism, parachain auctions (more on these later), and participation in Polkadot’s Nominated Proof of Stake (NPoS) system. Basically, the Relay chain provides the bare minimum functionality necessary to coordinate the Polkadot ecosystem as a whole, while most actual work (e.g. executing ...




How To Stake LOOM BEP20

LOOM tokens can now be staked via Binance Smart Chain (BSC), which has MUCH lower transaction fees than Ethereum. That means you can stake smaller amounts of LOOM, and do so more frequently — without having most of your staking rewards get eaten up by transaction fees! We will continue to support LOOM staking via Ethereum, and if you’re already staking LOOM you don’t have to do anything at all. On the other hand if you have some LOOM sitting around you could take advantage of the low BSC transaction fees to stake some of it today. Yesterday the new Transfer Gateway between Basechain and BSC was activated by the Basechain Build 1411 hard fork. The new Transfer Gateway is now operational, and we’ve just rolled out an update to the Basechain Staking Dashboard to support LOOM transfers through that Transfer Gateway. That means you can deposit LOOM BEP20 from BSC to Basechain for staking, and any LOOM you deposit to Basechain can be withdrawn to either Ethereum (as ERC20) or BSC (as BEP20). If you’ve previously staked LOOM ERC20 on the Basechain Staking Dashboard then you’ll find that the experience of staking LOOM BEP20 is very similar, but much cheaper! And if you’ve never staked LOOM before, not to worry, we’ll go over the basics in this article. — Staking Basics - — Prerequisites. — A small amount of BNB to pay for LOOM deposit/withdrawal transactions., Some LOOM BEP20 on Binance Smart...




LOOM BEP20 Token Launch

LOOM is now officially live on Binance Smart Chain as a BEP20 token! Launching LOOM on Binance Smart Chain (BSC) is the first step in our plan to increase the liquidity, utility, and usability of the LOOM token, and to make it both quicker and cheaper to stake your LOOM on our Basechain network. The LOOM BEP20 contract address on Binance Smart Chain is 0xe6ce27025f13f5213bbc560dc275e292965a392f Just to make it perfectly clear… the BEP20 LOOM token will not replace the existing ERC20 LOOM token, the two token contracts will co-exist. LOOM will live on Ethereum as an ERC20 token and on Binance Smart Chain as a BEP20 token. Transferring LOOM between Binance Smart Chain and Ethereum is fairly easy, and Binance now provides a couple of ways to do so. We’ll walk you through the current options in the rest of this article. — Withdrawing LOOM from Binance to BSC - If you previously bought some LOOM on Binance, or transferred LOOM to your Binance exchange wallet from your Ethereum compatible wallet then you can withdraw your LOOM to Binance Smart Chain in a few simple steps. Go to www.binance.com, and Log In, Step 1 — Log in on Binance.com Open the Wallet -> Fiat and Spot page, Step 2 — Open Fiat and Spot Wallet Press the Withdraw button at the top to open the Withdraw page., Step 3 — Open the Withdraw Page Select LOOM from the Coin drop-down, and then (1) Enter the BSC account you want to receiv...




Swapping LOOM tokens on Binance

In case you just found out there’s a LOOM token swap going on, you might want to start by reading our token swap launch article. If you still have some old LOOM sitting around in your wallet you have a couple of options for swapping those tokens: You can swap LOOM on our dashboard, it’s fairly straightforward, and we’ve previously published a step by step walk-through., If you don’t plan on keeping the LOOM after swapping you might find it more convenient to swap your tokens on Binance through their Convert & OTC Portal page., In this article we’ll demonstrate how to swap old LOOM for new LOOM on Binance. Go to www.binance.com, and Log In, Step 1 — Log in on BinanceNOTE: If you accidentally sent old LOOM to Binance (maybe from another exchange, or from your wallet) then just skip a couple of steps ahead. Next, you need to deposit your old LOOM tokens into your Binance wallet. Open Wallet -> Fiat and Spot., Step 2 — Open Fiat and Spot Wallet Then type LOOMOLD in the Search Coin input field, click on the Deposit button, and follow the instructions to deposit your old LOOM tokens. Once you receive a notification that the deposit was successful proceed to the next step., Step 3 — Deposit old LOOM (LOOMOLD) Go back to the Wallet -> Fiat and Spot page, your old LOOM tokens should now show up as LOOMOLD. Click on the Convert button on the far right., Step 4 — Start converting old...




Loom Network Revamp 2021 Q2

Loom Network Revamp 2021 Q2 - Loom Network 2021 Q2 Revamp — Business Development - We’ve just completed another funding round with private investors, the new capital that was raised in this round will allow us to commit more resources to building out our blockchain tech. Our investors in this round have made it clear that they want Loom Network to focus on building infrastructure, and to secure new technical and strategic partnerships. We’ve also started expanding our Marketing and Community management team. Our first hire is a community manager that we’re on-boarding today! And we’ll have a new marketing expert on-boarded in the next couple of weeks. We’ll be reinvesting in this team significantly over the next few months in order to expand our social media presence. With our new investment team on board tokenomics and community engagement have become top priorities. The community has been eagerly waiting for us to publish a timeline, so in the rest of this article we’re going to break things down by quarter, keep in mind this is a tentative timeline. — 2021 Q1 Deliverables - Token Swap — LOOM Token Swap. — We announced the deployment of the new LOOM token contract at the beginning of February. Later that month, Upbit became the first exchange to support the new LOOM token, then in March they were joined by Bithumb, Binance, and CoinEx.This month we’ve also swapped over all the LOOM p...



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