Loom allows app developers to create smart contracts that can access more computing power.
- Founded 2017
- Bangkok, Thailand
- Decentralized Game Development Platform
Loom is building a gaming focused development platform for Ethereum-based applications. The Loom Network enables applications with smart contracts to access computing power that can be used for purposes that do not require a high degree of security. Loom is primarily focused on large scale games.
Loom will allow developers to create side chains called DAppChains that will operate in parallel to Ethereum smart contracts and will have their own consensus mechanisms. The Loom Network is powered by the LOOM token.