Detailed explanation of the issuance price and time of LOOM coin

In the wave of digital currency, LOOM coin, as a highly anticipated project, has become the focus of attention of investors and enthusiasts for its issuance price and time. By deeply exploring the background, issuance process and market performance of LOOM coin, we can better understand the value and potential of this digital asset.

LOOM coin is a token launched by Loom Network, which aims to provide more efficient solutions for blockchain applications. As a blockchain platform focusing on games and social applications, Loom Network hopes to attract more developers and users through its technological advantages. Therefore, the issuance of LOOM coin is not just a simple fundraising activity, but also an important step in the development of its ecosystem.

LOOM coin was issued in April 2018, with an initial issuance price of US$0.1. This price was not high in the market environment at the time, but with the rapid development of blockchain technology and the increasing demand for decentralized applications, the value of LOOM coin has gradually been recognized by the market. By comparing the issuance prices of other similar projects, we can see that the pricing strategy of LOOM coin in the early stage of issuance is relatively cautious, aiming to attract more investors to participate.

During the issuance of LOOM coins, the team took a variety of measures to enhance the popularity and attractiveness of the project. For example, they held AMA (Ask Me Anything) events to interact with community members, answer investors' questions in a timely manner, and enhance the transparency of the project. This open communication method not only enhances the cohesion of the community, but also lays a good foundation for subsequent market promotion.

In addition, the issuance strategy of LOOM coins also fully considers the competitive environment of the market. At that time, many blockchain projects emerged and the competition was extremely fierce. In order to stand out from many projects, the LOOM team not only focused on technical research and development, but also made a lot of investment in marketing. They cooperated with many well-known media and actively participated in industry conferences and exhibitions to increase the exposure of the project. This all-round marketing strategy laid a solid foundation for the subsequent development of LOOM coins.

As time went on, the market performance of LOOM coins gradually attracted the attention of more investors. According to market data, the price of LOOM coins soared in the months after its issuance, reaching as high as $0.8, an increase of more than 700%. Such performance undoubtedly brought rich returns to early investors and injected confidence into the further development of LOOM coins.

However, the volatility of the market is also alarming. Although LOOM coin has achieved remarkable results in the short term, the subsequent market adjustment has also made many investors uneasy. As the market cooled, the price of LOOM coin fell back to around $0.3, and many coin holders began to reflect on their investment decisions. In this process, the LOOM team actively responded to market challenges and launched a series of new features and applications to enhance the practicality and attractiveness of the platform.

For example, LOOM Network has continuously optimized its blockchain architecture, improved transaction speed and security, and attracted more and more developers to settle in. In addition, they have launched a number of successful games and applications, further enriching the ecosystem. These efforts have not only enhanced the actual use value of LOOM coins, but also created conditions for its price recovery.

Overall, the issuance price and time of LOOM coins are not just a data point in the digital currency market, but also reflect the development process of a project from scratch and from small to large. In this rapidly changing market, investors need to keep an eye on the dynamics of the project and remain sensitive to market trends.

Through an in-depth analysis of LOOM coins, we can see that successful projects are often inseparable from innovative technologies and effective market strategies. Although the initial issuance price of LOOM coins is not high, its subsequent development potential cannot be underestimated. In the days ahead, as blockchain technology continues to mature and its application scenarios expand, LOOM coins are expected to occupy a place in a broader market.

At the same time, when investing in LOOM coins, investors should remain rational and have a deep understanding of the core value and market prospects of the project. In this field full of opportunities and challenges, only with keen insight and scientific investment strategies can one succeed in a volatile market.

In summary, the issuance price and time of LOOM coins are not only the starting point of its market performance, but also an important node for us to understand the development process of blockchain projects. In the future, with the continuous advancement of technology and the further maturity of the market, LOOM coins will continue to show their unique value and potential, which deserves the attention and thinking of every investor.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

The full name of LOOM coin is Loom Network, which is the token of the Cosmos ecosystem. Many investors don't know that Loom Network is a blockchain infrastructure platform built to help Ethereum expand. The platform is a solution for Ethereum's second-layer expansion. It is a sidechain network based on the DPOS mechanism and is also called EOS on Ethereum by investors in the currency circle. Highly scalable games and user-oriented Dapps can run on this platform. Many investors want to know how much the LOOM coin is issued at? Let the coin circle editor bring you an introduction to the LOOM coin issuance price and issuance time.

 Introduction to the issuance price and issuance time of LOOM coin

According to the investigation of the coin circle editor, the issuance price of LOOM coin is $0.076 and the issuance time is March 15, 2018. Loom Network is an Ethereum-based platform as a service that allows developers to run large-scale decentralized applications. This allows developers to build DApps using the trust and security of the world's most secure public blockchain and the computing resources required to run commercial-scale services. Just like Filecoin tokenized disk space, Loom aims to be a tokenized application protocol for new decentralized networks.

DAppChains developed by the Loom team are Ethereum application-specific sidechain networks where developers can run decentralized applications at scale and the community can run software on sidechains. Each DApp runs on its own blockchain, and its data is public and forkable. Loom
Network focuses on "game" and "social" platforms on the Ethereum network, which is equivalent to separating "game" and "social" functions from the congested Ethereum network.

 LOOM Coin Project Introduction

1. Project Introduction

Loom Network is an Ethereum-based platform as a service that allows developers to run large-scale decentralized applications.

2. Project Vision

The first killer application on the Ethereum mainnet, designed to share the data load of the Ethereum network.

3. Market demand

Issues such as Ethereum network congestion and low performance; traditional games have problems such as virtual asset depreciation, fairness, reputation and lack of trust; resources are not isolated to avoid the problem of Ethereum cats.

4. Project Solution

Ethereum Second Layer Expansion (Plasma Expansion Solution)

5. Project Implementation Mechanism

Loom
Network solves the shortcomings of the Ethereum network through the sidechain protocol, and this solution can basically coexist with other Ethereum expansion solutions such as Raiden, Plasma, etc. The entire DApp running on Loom's DApp chain will run on a decentralized blockchain, meeting the needs of decentralized applications in reality without squeezing out the Ethereum network and avoiding the recurrence of the CryptoCats incident. Blockchain technology uses distributed accounting and smart contract technology to enable random number generation programs and automatic reporting systems to no longer be managed by humans, but by encrypted verifiable code, which will greatly improve the level of trust, thereby adding value to the online interactive game industry and improving the original ecosystem.

6. Token Usage Scenarios

Use Loom Network's services and products, including rewards for nodes that help operate CryptoZombies and participate in various level activities on the platform, and use Loom
SDK to create your own DApp.

To sum up, this is the answer of the editor of the currency circle to the question of what is the issue price of LOOM coin. Here I would like to remind all investors that the LOOM coin project has been developing steadily. The token has been launched on many large platforms, the liquidity of the token is also good, and the community foundation is good. However, the shortcomings of this project are also very prominent. The market has always overestimated the market value of LOOM, and the token has been unreasonably over-issued. Although the development progress is in line with the plan, the possibility of code default still exists. In general, the risk is still relatively high.