Powerloom Launches Mainnet, Revolutionizing Onchain Data Accessibility

Street City, British Virgin Islands – Powerloom, the cutting-edge composable information layer designed for next-generation onchain functions, has formally launched its extremely anticipated L2 mainnet on the Ethereum community. This milestone follows in depth testing by the Powerloom staff and neighborhood, making certain the protocol’s optimization and readiness.

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Powerloom powers Generative Prediction Markets (GPM), a sophisticated onchain prediction market utility with a person base of over 10,000 wallets producing greater than 500,000 predictions. With its mainnet debut, Powerloom is poised to remove conventional limitations of price and complexity, making correct, verifiable onchain information accessible for everybody.

5300+ Nodes Ship Seamless Information for Web3

On the core of Powerloom’s infrastructure are 5,300+ globally distributed “Snapshotter” nodes. These nodes carry out the heavy lifting—capturing blockchain state modifications, occasion emissions, and extra—to ship seamless, real-time datasets to dApp builders. This eliminates reliance on exterior oracles and indexers, letting builders deal with creating impactful functions.
“The demand for correct, dependable, and inexpensive onchain information is rising as decentralized social networks, AI brokers, and different Web3 improvements evolve. With our mainnet and token launch, Powerloom is empowering builders to construct scalable functions whereas shoppers profit from merchandise powered by real-time, verifiable information.”

Swaroop Hegde, Co-founder of Powerloom
Fixing Web3’s Information Bottleneck

Whereas blockchain expertise guarantees clear, verifiable information, most Web3 tasks wrestle to rework low-level blockchain information into significant insights for client functions like prediction markets, dashboards, or bots. Powerloom’s verified and adaptable datasets bridge this hole, enabling builders to construct superior options with out investing closely in information infrastructure.

Powerloom’s L2 leverages the OP Stack and Conduit’s Rollup-as-a-Service (RaaS) structure for scalability, flexibility, and robustness. Using EigenDA as the info availability layer, the protocol achieves excessive throughput and reliability, supporting billions of every day snapshots throughout blockchain ecosystems.

Dynamic Market Growth

Initially, Powerloom’s mainnet incentivizes submissions from Uniswap V2 markets. Plans to combine multi-data markets, together with Uniswap V3 and Aave V3, are underway. Future updates will introduce options like dynamic information markets, maximizing income streams and rewarding node operators.

Powerloom’s Snapshotter nodes have already generated over 1 billion snapshots, delivering insights akin to worth actions, liquidity flows, and buying and selling volumes. These datasets sync with onchain blocks in real-time, making certain that apps and sensible contracts all the time function on the newest information. An built-in consensus mechanism validates the datasets whereas providing elective client verification.

For DeFi, GameFi, NFTs, and AI brokers to realize widespread adoption, decentralized infrastructure should seamlessly help social interactions, capital stream, and fact verification. Powerloom’s real-time datasets allow dApps to supply intuitive, quick, and correct person experiences, paving the best way for Web3’s subsequent section of innovation.

$POWER Token: Fueling the Powerloom Ecosystem

Powerloom’s utility token, $POWER, launched on January 10, 2025, with listings on main centralized exchanges, together with Gate.io, MEXC, and KuCoin. The token facilitates staking, rewards, and neighborhood engagement whereas powering Powerloom’s decentralized information economic system.

Gate.io: Spot buying and selling started at 9:00 AM (UTC) on January 10, 2025.
MEXC: $POWER debuted within the Innovation Zone with a POWER/USDT pair.
KuCoin: Buying and selling opened at 9:00 AM (UTC) on January 10, 2025.

Moreover, customers can entry $POWER by Powerloom’s native OP bridge or third-party options like Relay Protocol. Every day mainnet rewards are dwell for present Snapshotter nodes, with alternatives for brand new operators to hitch the community and earn incentives.

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About Powerloom

Powerloom is a composable information community constructed on an L2 powered by OP Stack and EigenDA. With over 5,300 Snapshotter nodes globally, Powerloom delivers accessible, dependable onchain information for Web3 tasks. The platform’s streamlined infrastructure helps various use circumstances, from DeFi analytics to client functions, driving innovation and lowering the limitations to information accessibility.