On Loom's ecosystem and competition

Original author: Felix Lutsch

Original title:《Loom' s Ecosystem and Competition》

Translation: 0 x 33

Loom is an extended solution to Layer 2 that continues to grow. This is a network of DPoS side chains that support highly scalable games and user-facing DApps, as well as Ethereum security.

Loom isn't the only team to realize that gaming and encryption are a perfect match. Loom also faces competition for NFT assets from generic blockchain and professional market platforms. On the other hand, Loom does provide a lot of value, and many developers have started using the Loom framework to build decentralized games and other applications. There are also synergies between "competing" projects in many ways.

In this article, I'll take a quick look at some of the major adjacent projects and games that are built on Loom. In our crypto ecosystem map (below), all companies are listed on Loom.

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Loom's main competition is another project that aims to fulfill the same app scenario as Loom: support for scalable blockchain games.

One of the main competitors is the Fuel Games team, which has created Games such as Gods Unchained, and is also building a platform for large-scale integration of decentralized assets into Games, using state channel technology to ensure high throughput while keeping transaction costs low.

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Another area of competition for Loom is collections and in-game assets (NFTs). Enjin, for example, has also started competing with Loom at the platform level, using its SDK and side chain Efinity. Enjin's side chains and SDK are well known in the in-game asset market. Enjin has successfully nurtured a large community with their wallets and vouchers.

Other competitors in the market include OpenSea and RareBits, both of which offer an interface for browsing and trading digital products.

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Broadly speaking, the Loom web is a scalable solution that competes with any other project designed to bring scalability to decentralized applications. Competing projects include ethereum layer-2 solutions that take a similar approach, such as Plasma based projects such as SKALE, Matic, or LeapDAO work. Any generic blockchain is in some way a competitor to Loom, including ethereum itself.

In addition, the well-funded universal blockchain also participates in the game ecosystem. EOS and mythgames, for example, and TRON Arcade, where the TRON foundation has pledged $100m to blockchain Games.

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Loom is trying to create a Hub between itself and other major blockchain ecosystems, such as EOS, TRON, and Cosmos, using cross-chain technology.

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Overall, the blockchain gaming space is very competitive, and many of the first decentralized applications to be adopted are games. So Loom has managed to attract a lot of interesting projects to its platform.

Here are four games currently in development on Loom:

ZombieBattleground

It's a card trading game, developed by Loom's in-house game room using tools and techniques built by the team.

Axie Infinity

One of Loom's most famous games in development, the game allows you to multiply, upgrade, and equip fantasy creatures Axies, which can also battle other players in the arena or adventure together in story mode.

CryptoWars

The strategy game is experimental, allowing players to build an empire and an army in an attempt to conquer other players' empires.

Neon District

Neon District is a cypherpunk RPG developed by Blockade Games in which players collect and make items to combat evil in a dystopian setting.

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