Loop Network logo
Loop Network
LOOP
$0.03

Sector

PoS

Exchange Debut

2022-03-15

Market Cap

0

Maxim Supply

200,000,000

Circulating Supply

Circ. Supply(%)

Loop Network logo

Loop Network

LOOP

Price

$0.03

Market Cap

Sector

Exchange Debut

0
2022-03-15

Volume 24h

High 24h

Low 24h

14389
0.027106473135
0.025124661372

Change 24h

Change 7d

Change 30d

-5.1168
-17.5496
-39.3482

Maxim supply

Circulating supply

Circulating supply(%)

200,000,000

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Loop Network-LOOP cryptocurrency:

Loop Network-LOOP, as a cutting-edge cryptocurrency system, demonstrates an innovative approach to blockchain technology by supporting smart contracts with both speed and efficiency. The fundamental analysis of the Loop Network-LOOP cryptocurrency reveals a project designed for superior scalability, promising infinite transactional throughput and transactional finality in under a second. This analysis dives deeper into various aspects of the project to provide a comprehensive understanding.

SOCIAL & MASS MEDIA: Score 7.20 out of 10

Loop Network-LOOP showcases a robust presence in the Social & Mass Media domain. The ability to attract followers and the size of communities on chat groups, with scores of 7.00 and 9.00 respectively, highlight its significant community engagement. However, there’s room for improvement in media presence and activities of social media administrators.

AUDIT & SECURITY: Score 6.95 out of 10

In the domain of Audit & Security, the Loop Network-LOOP scores decently. The fundamental analysis of the Loop Network-LOOP cryptocurrency indicates strong audit results with a score of 8.00. However, there’s a need for greater transparency and improved liquidity on exchanges.

TOKENOMICS: Score 7.60 out of 10

Tokenomics, an essential facet for any crypto project, sees Loop Network-LOOP scoring fairly well. The project’s inflationary aspects and centralized monetary mass have garnered commendable scores of 8.00 and 9.00, signifying sound economic strategies.

ECOSYSTEM DEVELOPMENT: Score 4.70 out of 10

When assessing ecosystem development, it’s evident that the Loop Network-LOOP has potential areas for growth. Achievements of objectives and plans for future developments both received a score of 6.00. Continued focus on this area can boost the project’s overall standing.

TEAM & DEVELOPERS: Score 1.50 out of 10

The Team & Developers criterion is an area where the project could significantly benefit from improvements. The experience of the team and the number of software developers, both scoring 1.50, suggest that investing in a more experienced team could elevate the project’s potential.

PRODUCT & UTILITY: Score 5.20 out of 10

In terms of product and utility, Loop Network-LOOP offers a product with reasonable utility, scoring 6.00. However, the utility of tokens in the ecosystem, at 4.00, indicates potential areas for enhancement.

PARTNERS & INVESTORS: Score 4.50 out of 10

The fundamental analysis of the Loop Network-LOOP cryptocurrency in the Partners & Investors domain reveals a balanced scenario. While the quality of partners scored a 6, the number and capacity of investors could use bolstering.

Fundamental analysis of the Loop Network-LOOP cryptocurrency – The final conclusion

The fundamental analysis of the Loop Network-LOOP cryptocurrency indicates a project with promising features and areas of growth. While it showcases strong community engagement and sound economic strategies, it would benefit from a more experienced team and enhanced ecosystem development. Investors should approach with a balanced view, considering both the project’s strengths and potential risks. Given the scores from the fundamental analysis, Loop Network-LOOP presents both challenges and opportunities for potential investors.

What is Loop Network-LOOP?

Overview

Loop Network-LOOP is a cryptocurrency system that excels in supporting smart contracts. Unlike earlier systems, such as Ethereum, it doesn’t suffer from scalability and privacy issues. Notably, this network claims infinite transactional throughput and achieves transaction finality in less than a second. This remarkable speed and efficiency come from the amalgamation of smart contracts with unparalleled technological advancements.

Unique Consensus Method

The backbone of the Loop Network is its distinctive consensus method termed Proof of Stake and Authority (PoSA). This method is a blend of Proof of Authority (PoA) and Proof of Stake (PoS). Consequently, this combination leads to rapid block production while maintaining security and decentralization. Furthermore, the architecture of this network promotes short block durations and minimal fees, ensuring quick and cost-effective transactions for its users.

Distinguishing Features

What makes the Loop Network stand apart in the crypto domain is its unmatched transactional throughput. Moreover, its energy efficiency and CPU-based design lead to significantly reduced average transaction fees. An additional advantage is its compatibility with Ethereum-based tools. Hence, developers can transition their Ethereum dApps to this network seamlessly.

In the fundamental analysis of the Loop Network-LOOP cryptocurrency, it becomes evident that its strengths lie in its innovative consensus method, high transactional throughput, and user-friendly design. By eliminating the drawbacks seen in predecessors and providing enhanced features, it promises a robust platform for cryptocurrency enthusiasts and developers alike. Transitioning from one point to another, it’s clear that Loop Network-LOOP is set to reshape the crypto landscape.

Fundamental analysis of the Loop Network-LOOP cryptocurrency

Loop Network-LOOP performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Related projects

Algorand - logo
SCORE: 8.39
RATING: Excellent
Mina - logo
SCORE: 6.44
RATING: Good
SCORE: 7.06
RATING: Good
fundamental-analysis-of-the-tomiNet-cryptocurrency
SCORE: 4.42
RATING: Average