In today’s episode of Your Simplified Coin Review, we look at the Loom Network. Part of the Loom Network is the Loom Token. You can currently buy a Loom Token for about $2 worth of Ethereum. Loom is looking to create DAppChains which are basically sidechains built off the Ethereum Network. On these sidechains, DApps such as social Dapps & game Dapps will be built. One of the interesting things about the Loom Network is that they do not yet have a Whitepaper. To find out more, please watch the video!
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Created by Ben Armstrong & Justin Williams.
Good project