About Powerloom | The Composable Data Layer for Web3
The platform is a decentralized data protocol designed for the growing data needs of smart contract-based applications across DeFi, gaming, and consumer platforms. Rather than requiring developers to build and maintain their own data extraction, RPC subscriptions, and storage infrastructure, this network delivers verified, ready-to-consume datasets that are peer-validated, backed by consensus, and stored on IPFS for full transparency.
The public sale ran January 8–15, 2025 on Gate.io's Startup launchpad at $0.219 per unit toward a $190,434.735 goal. Its latest crypto IEO projects modular, snapshot-based architecture — where every data point syncs to blocks on the source chain — addresses a genuine gap in Web3 infrastructure around reliable, verifiable on-chain data access.
Total supply is 1 billion POWER on the ERC-20 standard. The token incentivizes and rewards contributors to its distributed data economy, including snapshotter nodes (which extract, transform, and deliver on-chain insights), sequencers, and validators, while also serving as the native gas token for network transactions.
Gate.io's Startup launchpad gave the project broad retail distribution, vetted by Gate Ventures before listing alongside other infrastructure-focused sales like AI meme token Virtuals sale elsewhere in this dataset.
Its technical approach — reducing operational costs for Web3 data apps that would otherwise spend heavily on building custom data-access systems — addresses a real developer pain point. Price performance nonetheless shows a severe decline, with POWER trading approximately 99.9% below its all-time high of $0.3301, reflecting substantial market cooldown for infrastructure-layer tokens broadly.
POWER trades on Uniswap V3 (Ethereum) as its most active decentralized venue, with reported pricing showing considerable variance across trackers — from $0.0004 to $0.02 depending on the source and snapshot — warranting cross-verification before trading given the thin liquidity in some markets.
Its snapshotter node network, providing composable datasets for use cases like DeFi analytics on Uniswap V2/V3 and Aave V3, alongside emerging applications like Generative Prediction Markets, shows genuine ongoing technical development supporting Web3's broader data infrastructure needs.
Consider: a decline of approximately 99.9% from all-time high represents one of the most severe corrections among infrastructure-category tokens in this dataset; reported pricing shows significant variance across trackers, suggesting thin or fragmented liquidity that warrants independent verification; on-chain data infrastructure carries systemic importance for dependent applications, meaning any reliability issues could have outsized impact; and genuine developer adoption of its datasets should be verified beyond the project's own technical documentation. Verify current network usage and dataset adoption on the official official website, and cross-check pricing on CoinGecko data before allocating.
Snapshotter node: Powerloom's infrastructure component extracting and delivering on-chain data insights. Composable dataset: a verified data package that can be combined with other on-chain data sources. IPFS: InterPlanetary File System, a decentralized storage protocol used for data transparency. Data market: Powerloom's framework defining specific data requirement logic for consumers. Generative Prediction Markets (GPM): AI-assisted prediction market applications built using Powerloom's data infrastructure.
This page is for information and education only and is not investment, legal, or tax advice. Infrastructure tokens with severe price declines and variable liquidity data require extra due diligence. Figures reflect public sources at the time of writing. Do your own research and consult a registered financial advisor before participating.