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What is Powerloom Protocol (POWER)?

Powerloom Protocol is a decentralized system designed to meet the growing data demands of smart contract applications, especially in DeFi, gaming, and other user-focused platforms. It encourages participants to agree on state changes and event occurrences across various smart contracts, fostering a dependable and open data environment. Key features include decentralized data for reliable and transparent applications, real-time updates via a network of 'snapshotters,' flexible data models allowing custom use cases and data market contributions, and a modular architecture for easy integration and application development.

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