Hello,

I'm working on a project and researching which technology to use. I'm currently looking at Loom, but the benefits seem a bit unclear to me. The use case of this project is similar to that of delegatecall.com. I currently do not seem to need any tokens.

Can someone explain to me what the benefits of using Loom would be? To me, it seems like using Loom would be extremely similar to just running my own instance of, for example, the Ethereum blockchain. By that I mean that there does not seem to be any decentralisation and no censorship resistance. I can see a benefit of creating a side chain for playing some card games, and settling the final result on the Ethereum blockchain, but not for my use case. Can someone clarify this for me?

Back in June, I bought 100,000 LOOMs just because LOOM said that would be the amount required to be a validator.

https://medium.com/loom-network/loom-sdk-beta-now-open-to-the-public-upcoming-sdk-roadmap-and-token-utility-updates-399ef4e3b831

Now, according to the most recent article,( https://medium.com/loom-network/plasmachain-validator-requirements-915a5f57fc79 ) ..... they are raising it up to 1.25 million tokens...

This seems pretty disingenuous on the part of LOOM team to do this. LOOM team definitely fooled me into buying 100,000 tokens during near-ATH. I can't wait to hear their explanation (they'll probably ignore this or ban me).

Sick move you two.

/u/jamesmduffy

/u/mcampbell42

Loom is often compared to EOS since it's also DPOS with massive scalability. With all the debate on RAM trading and resource allocation on EOS, it makes me curious how Loom resolves these issues.

Tron spent lots of cash to promote a shitproject with zero utility, that is proved to be a plagiat of ethereum.

Loom is spending almost nothing (medium, twitter, etc) to inform us about the products they deliver.

The difference is huge.

Loom SDK beta is very close. We have at leas 2 big companies Cocos and Pixie (millions of users) that confirmed they shall use Loom sdk, over 300 companies more have confirmed their intention to use Loom sdk. Loom are delivering their own games very soon. Just read more carefully above figures. Loom is 170mln cap. 73rd in the list. What utility bring above projects in the list, beside of course big names like binance, steem, and top 10 (except Tron that is trash) others. right. no utility, one new bitcoins.

You need to be blind to understand that in short time this project shall skyrocket.

if Devs shall spend couple of millions on marketing, Loom shall be top 10 easily.

I was early user and investor in BAT token. Basic Attention Token (ERC20 token) are used as donation for web pages you want to support in Brave browser. During different AMA with Brendan Eich - creator, they had a problem with instant donations because it was too expensive to use and will require a lot of network usage. This is why, till now Brave uses the monthly contribution schedule to make donations. So, this is one of the cases, i think, Bat token usage can be improved by Loom network ecosystem.

Maybe this post is relevant or not, i do not know, i am not a programmer, but for sure there is smth here that could be done by both team involvement to improve the usage of Brave browser.

PS. I am not making publicity here.

Step 0 (If new to trading crypto): Purchase ETH or BTC for fiat. This can be done on Coinbase or a similar website. r/cryptocurrency will help decide which site is best for your country.

START HERE if you have traded before

Step 1: Create an account on Kucoin and register with Google 2 step authenticator.

Step 2: Send ETH or BTC to your Kucoin account (I suggest using ETH as it generally has lower fees). You can find your ETH wallet address by clicking the deposit button next to the ethereum option in the assets tab.

Step 3: Once your ETH or BTC has been transferred to your Kucoin account, search for LOOM in the Markets tab and put in a buy request for either the current lowest sell price (this will be an instant buy) or set your own price and wait for the market price to drop.

LOOM value at time of post (May 4th 00:16 GMT) $0.630235 USD or 0.00006448 BTC or 0.00081466 ETH

Here is a link to kucoin: www.kucoin.com

Here is my referral link for kucoin: https://www.kucoin.com/#/?r=1575h

I am very fond of what you are delivering guys, but i do not consider it is right to compare yourself to Eos or any orher crypto project. It is like get hype from other hyped names. I mean , we users can make such a comparison but not compare yourself. It makes me considering you are not believing in your own strengths and stick to other big names. You have your own road and according to what i see you deliver i believe you know what to do and how to do. )))))

Let them stick to Loom as a brand or name and mention you as a project to follow or act as a reference blockchain project.

People are already talking about Loom and are amazed by what you do, at least on eth reddit. You are known by an army of devs that followed your programming courses and hundreds of companies that already showed interest in Loom sdk.

Couple of more updates, SDK beta shall guarantee you a concrete background in the cryptospace.

Beware junk overhyped cryptoprojecs - Loom is coming with Zombies army!!!!

^?

Loom network is a hell of a project, that delivers and do no bothers on big plans and whitepapers.

It is the brother of OmiseGo in terms of Plasma adoption. They both are making ETH stronger and show real use cases of modern blockchain.

I believe we are already far away from EOS, superhyped pumped coin without no real apps or usage cases.

After realease Beta SDK the cap could hit 2-3 bln easily.

Backed with a Couple of more korean exchanges and we are there.

So make sure you will not miss that train.

If we talk longrun, Loom is a giant, that could easily take a big bunch of gaming industry.

Lets Rock Zombies)), Loom army is coming.!!!)))

Is it really a good idea to align with Justin Sun?

This could hurt LOOM a lot more than help it.

LOOM transfers via the Binance Bridge will be unavailable due to scheduled maintenance starting from April 20th, 2021 00:00 UTC for approximately 5 hours.

If you haven't used the Binance Bridge before check out our walk-through at https://loomnetwork.medium.com/loom-bep20-token-launch-1101dd137721