-
Bitcoin $96,330.7390
-1.40% - Ethereum
$2,761.1307
2.72% - Tether USDt
$1.0001
-0.03% - XRP
$2.3811
-5.49% - Solana
$196.0393
-4.56% - BNB
$567.6880
-0.04% - USDC
$1.0000
-0.01% - Dogecoin
$0.2550
-2.81% - Cardano
$0.7318
-1.09% - TRON
$0.2219
-0.58% - Chainlink
$19.1190
-3.47% - Avalanche
$25.7994
-1.70% - Sui
$3.3195
-7.31% - Stellar
$0.3258
-4.72% - Toncoin
$3.7742
0.12% - Shiba Inu
$0.0...01565
0.09% - Hedera
$0.2377
-5.30% - UNUS SED LEO
$9.8381
0.11% - Hyperliquid
$24.3941
-3.09% - Bitget Token
$6.5615
1.12% - Litecoin
$102.8215
1.82% - Polkadot
$4.6750
-0.66% - Bitcoin Cash
$326.1955
-0.78% - Ethena USDe
$0.9999
0.04% - MANTRA
$5.8018
0.85% - Uniswap
$9.1919
2.36% - Dai
$1.0000
0.01% - Pepe
$0.0...09891
-1.58% - Monero
$225.5755
2.44% - Ondo
$1.3073
-4.18%
When was LOOM coin issued?
In June 2018, LOOM Network raised $46 million through an ICO, selling 60% of its LOOM tokens at $0.40 each.
Dec 01, 2024 at 01:04 pm
LOOM Coin Issuance Timeline
Timeline of LOOM Coin Issuance
- June 2018: Initial Coin Offering (ICO)
- LOOM Network conducted its ICO from June 28 to July 12, 2018.
- The ICO raised a total of $46 million, with each LOOM token sold at $0.40.
- Approximately 60% of the tokens were offered during the ICO.
- September 2019: Token Swap
- LOOM Network announced a token swap for its ERC-20 LOOM tokens to native LOOM tokens on its own blockchain in September 2019.
- The token swap allowed LOOM holders to convert their ERC-20 tokens to native LOOM tokens on a 1:1 basis.
- The token swap was necessary for LOOM Network to transition to its own blockchain and become independent of the Ethereum platform.
- March 2021: LOOM Coin Burn
- LOOM Network implemented a coin burn mechanism in March 2021 as part of its tokenomics strategy.
- The coin burn removed a portion of LOOM tokens from circulation, reducing the overall supply.
- The coin burn was intended to increase the scarcity of LOOM tokens, potentially driving up their value.
- Ongoing: Staking and Rewards
- LOOM Network allows users to stake their LOOM tokens to earn rewards.
- Staking contributes to the security and operation of the LOOM blockchain.
- Stakers earn rewards in the form of additional LOOM tokens, which are distributed prorated to the amount of tokens staked.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- BTFD Coin (BTFD), Bonk (BONK), and Dogwifhat (WIF) See Strong Investor Interest as Meme Coin Market Heats Up
- 2025-02-06 07:11:02
- XRP Price Rebounds 30% as Whales Prepare for Potential Sell-Off
- 2025-02-06 07:11:02
- Ethereum (ETH) Crypto Dramatically Declined Due to a Broader Market Selloff This Week
- 2025-02-06 07:11:02
- Is This the End for XRP? The Ripple Rollercoaster Continues!
- 2025-02-06 07:11:02
- MicroStrategy Rebrands to Strategy, Unveils New Bitcoin Logo
- 2025-02-06 07:11:02
- Hong Kong Explores Bitcoin (BTC) as Strategic Reserve, Looks to Collaborate with China on Stablecoins
- 2025-02-06 07:11:02
Related knowledge
When was Litecoin issued?
Feb 04,2025 at 02:36am
When was Litecoin Issued?Key Points:Litecoin's inception and developmentLitecoin's launch date and market dynamicsLitecoin's technical specifications and key featuresLitecoin's Inception and DevelopmentLitecoin, conceived by former Google engineer Charlie Lee, emerged as a fork of Bitcoin in October 2011. Inspired by Bitcoin's revolutionary blockchain t...
Which is better, Litecoin or Tron?
Feb 04,2025 at 10:30pm
Key Points:Similarities between Litecoin and Tron: Decentralized, open-source blockchain platformsDifferences between Litecoin and Tron: Use cases, consensus mechanisms, transaction speedsFactors to consider when choosing between Litecoin and Tron: Investment goals, risk tolerance, specific use casesPotential benefits and drawbacks of Litecoin and Tron:...
How to buy and trade Litecoin?
Feb 04,2025 at 12:24pm
Key Points:Understand the Basics of LitecoinSelect a Suitable Cryptocurrency ExchangeCreate an Account on the ExchangeFund Your AccountPlace a Buy Order for LitecoinSecurely Store Your LitecoinUnderstand Litecoin TradingHow to Buy Litecoin?1. Understand the Basics of LitecoinLitecoin (LTC) is a decentralized digital currency similar to Bitcoin.Created i...
Which has better potential, Litecoin or Ethereum?
Feb 04,2025 at 05:30pm
Key Points:Litecoin and Ethereum are two of the most popular cryptocurrencies in the world.Both coins have their own unique advantages and disadvantages.Litecoin is a faster and cheaper transaction coin than Ethereum.Ethereum is a more versatile platform than Litecoin, and it can be used to create decentralized applications (dApps).Litecoin has a long h...
What country is the founder of Litecoin from?
Feb 04,2025 at 05:55am
Key Points:Litecoin's Founder and the Relationship with Charles LeeLitecoin's Technical Features and Similarities to BitcoinLitecoin's Role in the Cryptocurrency Ecosystem and Its PopularityComparative Analysis of Litecoin with Major CryptocurrenciesLitecoin's Community Involvement and PartnershipsArticle Content:Litecoin's Founder and the Relationship ...
Which is better, Litecoin or Ripple?
Feb 04,2025 at 08:00pm
Key Points:Litecoin: a decentralized, peer-to-peer cryptocurrency based on the Proof-of-Work consensus mechanismRipple: a centralized, enterprise blockchain solution designed for fast and low-cost paymentsDirect comparison of Litecoin vs. Ripple in terms of technology, market capitalization, use cases, and transaction feesPotential benefits and drawback...
When was Litecoin issued?
Feb 04,2025 at 02:36am
When was Litecoin Issued?Key Points:Litecoin's inception and developmentLitecoin's launch date and market dynamicsLitecoin's technical specifications and key featuresLitecoin's Inception and DevelopmentLitecoin, conceived by former Google engineer Charlie Lee, emerged as a fork of Bitcoin in October 2011. Inspired by Bitcoin's revolutionary blockchain t...
Which is better, Litecoin or Tron?
Feb 04,2025 at 10:30pm
Key Points:Similarities between Litecoin and Tron: Decentralized, open-source blockchain platformsDifferences between Litecoin and Tron: Use cases, consensus mechanisms, transaction speedsFactors to consider when choosing between Litecoin and Tron: Investment goals, risk tolerance, specific use casesPotential benefits and drawbacks of Litecoin and Tron:...
How to buy and trade Litecoin?
Feb 04,2025 at 12:24pm
Key Points:Understand the Basics of LitecoinSelect a Suitable Cryptocurrency ExchangeCreate an Account on the ExchangeFund Your AccountPlace a Buy Order for LitecoinSecurely Store Your LitecoinUnderstand Litecoin TradingHow to Buy Litecoin?1. Understand the Basics of LitecoinLitecoin (LTC) is a decentralized digital currency similar to Bitcoin.Created i...
Which has better potential, Litecoin or Ethereum?
Feb 04,2025 at 05:30pm
Key Points:Litecoin and Ethereum are two of the most popular cryptocurrencies in the world.Both coins have their own unique advantages and disadvantages.Litecoin is a faster and cheaper transaction coin than Ethereum.Ethereum is a more versatile platform than Litecoin, and it can be used to create decentralized applications (dApps).Litecoin has a long h...
What country is the founder of Litecoin from?
Feb 04,2025 at 05:55am
Key Points:Litecoin's Founder and the Relationship with Charles LeeLitecoin's Technical Features and Similarities to BitcoinLitecoin's Role in the Cryptocurrency Ecosystem and Its PopularityComparative Analysis of Litecoin with Major CryptocurrenciesLitecoin's Community Involvement and PartnershipsArticle Content:Litecoin's Founder and the Relationship ...
Which is better, Litecoin or Ripple?
Feb 04,2025 at 08:00pm
Key Points:Litecoin: a decentralized, peer-to-peer cryptocurrency based on the Proof-of-Work consensus mechanismRipple: a centralized, enterprise blockchain solution designed for fast and low-cost paymentsDirect comparison of Litecoin vs. Ripple in terms of technology, market capitalization, use cases, and transaction feesPotential benefits and drawback...
See all articles
