Elite

by Elite Foundation

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Loom

by Loom

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Elite

by Elite Foundation

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Loom

by Loom

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What problem does this service solve?

Elite's goal is to be a digital currency for the online gaming sector.Loom allows app developers to create smart contracts that can access more computing power.

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Company Description

Elite is a cryptocurrency for the gaming sector. It is designed to be used an an in-game currency and it is traded under the 1337 symbol on several exchanges. Elite coin's price has been extremely volatile at times.

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.

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