-
Bitcoin $94,974.7225
0.27% - Ethereum
$1,834.1661
2.04% - Tether USDt
$1.0004
0.00% - XRP
$2.2942
-1.21% - BNB
$605.0579
0.05% - Solana
$148.7456
-2.00% - USDC
$1.0000
-0.01% - Dogecoin
$0.1792
-0.49% - Cardano
$0.7142
-0.34% - TRON
$0.2476
0.46% - Sui
$3.5612
-4.56% - Chainlink
$15.1068
1.73% - Avalanche
$22.2035
0.73% - Stellar
$0.2806
-2.87% - UNUS SED LEO
$8.9715
-0.29% - Toncoin
$3.2622
-1.14% - Shiba Inu
$0.0...01370
-2.23% - Hedera
$0.1894
-3.54% - Bitcoin Cash
$372.8102
6.23% - Polkadot
$4.2868
2.07% - Litecoin
$85.7482
-1.08% - Hyperliquid
$18.9650
3.34% - Dai
$1.0001
0.00% - Bitget Token
$4.4180
0.37% - Monero
$275.1964
1.76% - Ethena USDe
$0.9996
0.01% - Pi
$0.5821
-5.05% - Pepe
$0.0...09023
-0.39% - Aptos
$5.5937
0.79% - Uniswap
$5.4962
-0.73%
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.
- Bitcoin (BTC) is Entering a Critical Phase as Every Economic Statistic Can Reshuffle the Cards
- 2025-04-29 17:40:12
- Bitcoin (BTC) price may be gearing up for an explosive move to the upside
- 2025-04-29 17:40:12
- Strategy Has Significantly Increased Its Exposure to Bitcoin, Acquiring an Additional 15,355 BTC
- 2025-04-29 17:35:13
- Pi Coin Price Remains Stable Despite Banxa Suspending Transactions and Binance's New Listing Guidelines
- 2025-04-29 17:35:13
- XRP Price Prediction: Will the Token Break Above Its Recent High of $2.35?
- 2025-04-29 17:30:12
- Will Bitcoin (BTC) Hit $1.5 Million by 2030? Ark Invest Founder Cathie Wood Predicts It Will
- 2025-04-29 17:30:12
Related knowledge
How to judge the timing of buying and selling BCH? What are the tips for market analysis?
Apr 29,2025 at 06:01pm
How to Judge the Timing of Buying and Selling BCH? What Are the Tips for Market Analysis? Understanding the right time to buy and sell Bitcoin Cash (BCH) can be crucial for maximizing your investment returns. This article delves into the strategies for timing your BCH transactions and provides essential tips for market analysis within the cryptocurrency...
What should I do if the DOT price fluctuates greatly? How to operate with a stable mentality?
Apr 29,2025 at 06:22pm
What should I do if the DOT price fluctuates greatly? How to operate with a stable mentality? Price fluctuations are a common occurrence in the cryptocurrency market, and Polkadot (DOT) is no exception. When the DOT price experiences significant volatility, it can be challenging to maintain a stable mindset and make rational decisions. This article will...
Why does AVAX withdrawal require multiple confirmations? How to speed up the withdrawal of coins?
Apr 28,2025 at 11:56pm
Introduction to AVAX WithdrawalWhen you decide to withdraw AVAX, the native cryptocurrency of the Avalanche blockchain, from an exchange or a wallet, you might notice that the transaction requires multiple confirmations before it is considered complete. This process is essential for the security and integrity of the blockchain. Understanding why multipl...
Is it better to choose USDT or BTC for AVAX trading? What is the difference in liquidity?
Apr 28,2025 at 11:14pm
When deciding whether to use USDT or BTC for trading AVAX, it's crucial to consider various factors such as liquidity, stability, and trading preferences. Both USDT and BTC are popular choices for trading, but they serve different purposes and come with their own set of advantages and disadvantages. In this article, we will explore the differences betwe...
How to export AVAX transaction records? What data is required for reconciliation and tax reporting?
Apr 28,2025 at 11:01pm
Exporting AVAX transaction records is an essential task for anyone involved in cryptocurrency trading, especially for those who need to perform reconciliation and tax reporting. In this article, we will guide you through the process of exporting your AVAX transaction records and discuss the data required for reconciliation and tax reporting. Understandi...
Is it cost-effective to buy and sell AVAX in small amounts? What is the minimum transaction limit?
Apr 29,2025 at 12:01am
When considering whether it's cost-effective to buy and sell AVAX in small amounts, several factors come into play, including transaction fees, exchange fees, and the minimum transaction limits set by various platforms. This article will delve into these aspects to help you understand the cost-effectiveness of trading small amounts of AVAX and the minim...
How to judge the timing of buying and selling BCH? What are the tips for market analysis?
Apr 29,2025 at 06:01pm
How to Judge the Timing of Buying and Selling BCH? What Are the Tips for Market Analysis? Understanding the right time to buy and sell Bitcoin Cash (BCH) can be crucial for maximizing your investment returns. This article delves into the strategies for timing your BCH transactions and provides essential tips for market analysis within the cryptocurrency...
What should I do if the DOT price fluctuates greatly? How to operate with a stable mentality?
Apr 29,2025 at 06:22pm
What should I do if the DOT price fluctuates greatly? How to operate with a stable mentality? Price fluctuations are a common occurrence in the cryptocurrency market, and Polkadot (DOT) is no exception. When the DOT price experiences significant volatility, it can be challenging to maintain a stable mindset and make rational decisions. This article will...
Why does AVAX withdrawal require multiple confirmations? How to speed up the withdrawal of coins?
Apr 28,2025 at 11:56pm
Introduction to AVAX WithdrawalWhen you decide to withdraw AVAX, the native cryptocurrency of the Avalanche blockchain, from an exchange or a wallet, you might notice that the transaction requires multiple confirmations before it is considered complete. This process is essential for the security and integrity of the blockchain. Understanding why multipl...
Is it better to choose USDT or BTC for AVAX trading? What is the difference in liquidity?
Apr 28,2025 at 11:14pm
When deciding whether to use USDT or BTC for trading AVAX, it's crucial to consider various factors such as liquidity, stability, and trading preferences. Both USDT and BTC are popular choices for trading, but they serve different purposes and come with their own set of advantages and disadvantages. In this article, we will explore the differences betwe...
How to export AVAX transaction records? What data is required for reconciliation and tax reporting?
Apr 28,2025 at 11:01pm
Exporting AVAX transaction records is an essential task for anyone involved in cryptocurrency trading, especially for those who need to perform reconciliation and tax reporting. In this article, we will guide you through the process of exporting your AVAX transaction records and discuss the data required for reconciliation and tax reporting. Understandi...
Is it cost-effective to buy and sell AVAX in small amounts? What is the minimum transaction limit?
Apr 29,2025 at 12:01am
When considering whether it's cost-effective to buy and sell AVAX in small amounts, several factors come into play, including transaction fees, exchange fees, and the minimum transaction limits set by various platforms. This article will delve into these aspects to help you understand the cost-effectiveness of trading small amounts of AVAX and the minim...
See all articles
