About LoomSync

Loom Network is a platform enabling dApp developers to build blockchain-ready projects. Established in 2018, it has evolved to be highly scalable, user-friendly, and compatible with major blockchains such as Bitcoin, Ethereum, BNB Chain, and others. The platform provides an optimized foundation and resources for dApp creation. LOOM is the native cryptocurrency, a proof-of-stake token used to secure the network through staking. Aside from security, LOOM can be used for paying fees, including developer fees for hosting applications on Loom Network, with transaction costs absorbed into a flat fee paid by projects. Being an ERC20 token, LOOM has a total supply of 1 billion tokens. The platform offers interoperability with major blockchains, allowing developers to create one application accessi...