Name: Powerloom Protocol
SKU: POWER
Price: 0.03031794418 USD

Powerloom Protocol is a decentralized data protocol designed to cater to the increasing data needs of smart contract-based applications, particularly in sectors such as decentralized finance (DeFi), gaming, and other user-centric platforms. It incentivizes participants to achieve consensus on state transitions and event emissions across multiple smart contracts, creating a reliable and transparent data ecosystem.<h2>Key Features of Powerloom Protocol:</h2><ul><li>Decentralized Data: Powerloom allows developers to build applications on top of consensus-backed data, enhancing reliability and transparency. This decentralized approach ensures that data is not only accessible but also trustworthy.</li><li>Real-Time Data Updates: The protocol employs a network of "snapshotters" that provide real-time updates as transactions occur on the blockchain. This capability is crucial for applications that require live data feeds.</li><li>Flexible Data Models: Developers can create custom use cases and contribute to data markets, allowing for tailored solutions beyond basic transaction tracking. This flexibility supports various applications, from dashboards to bots and aggregators.</li><li>Modular Architecture: Powerloom's design is modular and extensible, making it easy for developers to integrate new data sources and build upon existing data pipelines. This architecture supports the creation of complex data applications while maintaining ease of use.</li></ul>

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PowerLoom Protocol aggregates on-chain and off-chain data to generate snapshots with cryptographic proofs in a decentralized manner. It aims to build trust and offer meaningful insights on demand through a rich ecosystem of peers and stakeholders that are incentivized to participate in the protocol.Snapshot Storage, Proof and FinalizationThere are 4 functional blocks of this module/subsystem This module/subsystem takes the snapshot payload submitted by a snapshotter and performs the following:<ol><li>Verify if the snapshots are arriving in order for a project(based on the source blockChain block-height) and store it in decentralized storage systems like IPFS and optionally web3.storage.</li><li>[Optional] anchor the proof of snapshot on to the anchor chain</li><li>Listen to events from smart-contract on the anchor chain and order the confirmation callbacks against anchor transactions</li><li>Finalize the snapshot by recording the txHash (on anchor chain), snapshotCID and some other details (refer DAG Block) by adding it to the DAG Chain.</li></ol>

Powerloom Protocol

Powerloom Protocol is a decentralized data protocol designed to cater to the increasing data needs of smart contract-based applications.

Myria

Morningstar Ventures

Moonrock Capital

The Spartan Group

GBV Capital

Waterdrip Capital

Vendetta Capital

Ascensive Assets

Hypersphere Ventures

Blizzard Fund

Woodstock Fund

Figment Capital

Axia8 Ventures

CoinGecko Ventures

Nexo

Everclear (prev Connext)

Kosmos Ventures

Impossible Finance

Nabais Capital

AVentures DAO

Subsquid

3 Chaps Capital

StakeBorg

Ganesh Swami

Erik Ashdown

Derek Yoo

Aurel Iancu

Delroy Bosco

Alex Smirnov

Batuhan Dasgin

Michael Chen

Etienne

Danish Chaudhry

Alchemy

Bware Labs

Electric Capital

DragonFly Capital

Balaji Srinivasan

LedgerPrime

Jump Crypto

Wintermute

Coinbase Ventures

Altonomy

Kraken Ventures

Fabric Ventures

Space Whale Capital

Kronos

Evernew Capital

Meltem Demirors

Tatiana Koffman

Jason Choi

Anthony Sassano

Alameda Research

Galaxy

IDEO CoLab Ventures

Arrington XRP Capital

gumi Cryptos

Hashflow

GameOn Forge

Blockchange Ventures

Big Brain Holdings

coinIX

Castrum Capital

Outlier Ventures

Kangaroo Capital

Maven Capital

FinSec Innovation Lab

Kima Network

Sociapol

PUMLx

SpaceN

The Chernin Group (TCG)

YGG SEA

Sfermion

Astronaut Capital

Bondly

Double Peak 

Formless Capital

MoonEdge

PANONY

Perion

Rarestone Capital

18 Ventures

Avocado DAO

Gerstenbrot Capital

HTX Ventures

KuCoin Labs

MEXC

PKO Investments

Polkastarter

Zokyo

Kevin Lin

Kun Gao

Matt Finick

Animoca Brands

Peak XV Partners(ex-Sequoia India)

SkyVision Capital

Galaxy Fight Club

Gain detailed information about %name% %code% unlock and vesting. Use our token unlock calendar for planning and optimizing your investments. Explore tokenomics and how it's changing with our token distribution chart. Stay updated on unlock events and receive notifications for effective crypto asset management

%name% %code% Token Unlocks and Vesting: Schedule and Tokenomics

Name	Total	Unlocked	Locked
Network Incentives	27%	3.53%	23.4%
Team	20%	-	20%
Investor Allocation	13%	-	13%
DAO Treasury	11%	-	11%
Community Incentives	10%	1.50%	8.50%
Reserve	9.00%	-	9.01%
Ecosystem	6.00%	-	6.01%
Liquidity	2.00%	2.00%	-
Advisors	2.00%	-	2.00%

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