chain: News of Loom Network (LOOM) - July 2024 Price Update - 7.56% Breakout Crypto News and Analysis
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Explore the Core.
Loom Network is a platform as a service that is built on top of Ethereum and allows developers to run large-scale decentralized applications. This platform was released on October 1st, 2017. The goal of this is to allow application developers to have smart contracts that can access much more computing power when it is required, or maintain the same power at lower costs for tasks such as trials for onboarding new users or applications that simply do not need the full security of blockchain to begin with. In this system you have the ability to interact with APIs developed by third parties which are not on chain. Loom attempts to be the ultimate platform that allows smart contract developers to create applications without the need to switch to another programming language. As such, they can easily integrate their applications with the outside world
Spot the Main Event:
Loom Network Update Q3 2024. The year started off with a bang for their CryptoZombies team, as CryptoZombies qualified for a grant in the 3rd round of the Optimism Retroactive Public Goods Funding initiative. This is the second year in a row that CryptoZombies has been awarded a RetroPGF grant in recognition of the contribution their coding school has made to the ever growing Ethereum ecosystem. These grants help to ensure that CryptoZombies continues to provide an accessible entry point into the ecosystem for prospective blockchain developers. This year the team have decided to shake things up a bit, and dial up the fun, by building a blockchain-powered Play-to-Learn game! Set in the CryptoZombies universe — CryptoZombies Apocalypse will be a fully fledged game in which players will design and develop their own programmable weapons and defenses in order to hold back the zombie hordes as long as possible. The team think CryptoZombies Apocalypse will train up a whole new generation of developers by encouraging people to write lots of code while having fun. While the zkLoom Sepolia testnet is now live and operational, the team still occasionally reset the chain state as we upgrade various systems. They’ve held off on launching a public block explorer until things settle down a bit… Fortunately, that shouldn’t take much longer, so they plan to launch the block explorer next month. Development on CryptoZombies Apocalypse is now underway. Pre-release versions of the game will run on the zkLoom Sepolia Testnet, while the final release of the game will run on the Basechain mainnet — after it’s migrated to the zkLoom protocol.
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