Project Abbreviation: LOOM
Project name: Loom Network
Total Supply: 1,000,000,000 LOOM
Circulating Supply: 605,858,191 LOOM
Official website: https://loomx.io/
Loom Network is designed to be a side chain that shares and even completely solves the load of Ethernet master Network data! Loom Network's goal is to become a platform where communities can run their software on side chains. On this platform, they all have the right to a verifiable, fair and transparent platform, while adjusting their security policies as required. Communities will be able to run on blockchains, where users can speed up their nodes and ensure network security. These can be communities like steemit, subreddits, BBS, facebook groups, and question-and-answer sites like stackoverflow - places where people talk about common interests, and MMO games, where everyone is interested in the remaining fairness of the game. Users must be able to "fork out" when community consensus diverges. When developers are finally able to create such platforms as easily as they build modern Web 2.0 applications, the blockchain revolution really begins.