Loom Network is LIVE! Scalable Ethereum DApps Coming Soon to a DAppChain Near You
Yesterday we announced the very first DApp running 100% on a Loom Network DAppChain, DelegateCall.
This is big news for Ethereum: It’s an early (but non-trivial) example of how developers can build a 100% blockchain-based DApp that’s highly scalable, yet still backed by the security of the world’s most decentralized blockchain.
Today, we’re announcing the official launch of Loom Network
DelegateCall is the very first DApp available on Loom Network, and we think it’s super cool.
But it’s only the beginning.
We built DelegateCall mainly to show developers what’s possible to build using the Loom Network SDK. It’s the first of many DApps we’ll be releasing over the next year, both in-house and through 3rd-party developers.
The end goal for Loom Network is to have hundreds, thousands of these DApps running in production.
So today I want to 1) make a couple major announcements about the launch of our platform, and 2) talk a bit about what we have in store for the future.
1. The LOOM Token: Your Membership Card for Loom Network
Today we launched the LOOM token — a membership pass that gives you access to all the DApps running on Loom Network.
It’s a buy-once, use-forever ticket to ride all the rides at the fair — e.g. to use all the DApps released on Loom Network in the future.
LOOM tokens are now available for purchase on our website (currently at a promotional price of $1.99), or are available through 3rd-party resellers.
More info and FAQs are available on the purchase page.
2. The DelegateCall Transfer Gateway is now live
DelegateCall has really blown up in the 24 hours since we’ve launched it. There’s now almost 7,000 DAppChain blocks in our block explorer, and some users have already racked up over 200 karma points from their contributions!
One of the draws of DelegateCall is the ability to redeem the karma points you earn by contributing to the site for an ERC20 token on mainnet (“DelegateCall tokens” — totally unrelated to the LOOM token).
DelegateCall users can now access the transfer gateway through their profile page and transfer their karma points to mainnet, making this the first DAppChain-Ethereum Relay available on Loom Network.
3. The Loom SDK now available in closed beta
Since we’ve just launched, we’ll be hand-picking the first round of developers to build DApps on Loom Network. This way we can work with them hand-in-hand to make sure the SDK is tailored to their needs, as well as ensure the first round of 3rd-party DApps released on Loom Network are high-quality.
After the initial closed beta, we’ll be opening the SDK for any developer to use.
If your team is interested in building your DApp on Loom Network, we’re taking applications here.
4. What’s next for Loom Network?
From the beginning, we’ve talked about being the platform for large-scale games and social apps.
With DelegateCall, we’ve shown that it’s possible to build a large-scale social app on Loom Network.
So what’s next? We’re turning our focus to games.
From what we’ve seen, blockchain-based games are about to blow up. The benefits of the blockchain in online gaming are plentiful, and we’ve seen a lot of development activity from teams in this sector.
Up until now, it just wasn’t possible to build fully decentralized games of any real scale — but with the launch of Loom Network, now it is.
We’re currently building 3 games in-house, and actively partnering with game studios who are building on the blockchain.
If you’re part of a team that’s working on a blockchain-based game, we’d love to chat.
Lots of updates to come in the next few weeks, but that’s all I have for you today.
I’ll leave you with a sneak peak of what’s coming in the next couple months…
Here’s a screen grab from an early prototype of one of the first blockchain-based games we’ll be releasing:
This is just the tip of the iceberg. We’ll have a lot more gaming-related announcements coming over the next 1–2 months.
Join our mailing list for updates.
Stay tuned!
Loom Network is the multichain interop platform for scaling high-performance dapps — already live in production, audited, and battle-tested.
Deploy your dapp to Loom’s Basechain once and reach the widest possible user base across all major blockchains today.
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