Powerloom Protocol Announcements

⏳10 Days Left⏳ The Powerloom Galxe Genesis Quest is in full swing, with 5k+ participants and the competition heating up! 🔥 Climb to the top of the leaderboard for your chance to win 40,000 $POWER & 10K USDC. 💰 Join now 👉 https://app.galxe.com/quest/Powerloom/GChHXtK95C Spread the word 👇 https://x.com/Powerloom/status/1864745581513748497

🎙️ Join Us for a X Space today hosted by House of Chimera! 📢 Our co-founder, Swaroop, will be speaking about Powerloom and the exciting developments we’re gearing up for. 🗓️ Date: December 3, 2024 ⏰ Time: 5 PM UTC (in 1 hour) 🔗 Join here: https://x.com/i/spaces/1zqKVYaDpEPxB/peek

👀🏆💪🔜 https://x.com/Powerloom/status/1863165961613758680

🌟 Powerloom's Genesis Galxe Quest is Now Live! 🌟 Get ready to: ✨ Explore the Powerloom project 🤝 Engage with our community 🎯 Experience GPM …. and more!! 💰 Total Prize Pool: 40,000 $POWER Tokens (after TGE) + $10,000 USDC 🏆 Rewards Structure: 🥇 1st Place: 8,000 $POWER + $2,000 USDC 🥈 2nd Place: 6,000 $POWER + $1,500 USDC 🥉 3rd Place: 3,000 $POWER + $750 USDC 🎁 Additional Prizes: - 4th-10th: 400 $POWER + $100 USDC - 11th-20th: 300 $POWER + $75 USDC - 21st-50th: 240 $POWER + $60 USDC - 51st-100th: 200 $POWER + $50 USDC 📈 Complete quests, earn points, and climb the leaderboard to win! 📣 Holders of Worldcoin ID and Gitcoin passport can participate too! 🎮 Start Your Quest Here: https://app.galxe.com/quest/Powerloom/GChHXtK95C 📢 Help us spread the word 👇 https://x.com/Powerloom/status/1862173474841825401

🌐 The Future of Social Networks is Onchain Powerloom is paving the way for next-gen social platforms where truth is incentivized, and financial infrastructure integrates with social interactions. 🗣️Traditional platforms amplify the loudest voices, rewarding attention over accuracy. But what if we could shift the paradigm to reward truth instead of noise? Powerloom’s composable data layer ensures real-time, verifiable, and bias-free data for onchain applications. From social networks to DeFi, we provide the foundational infrastructure for everything. 🛠️ Highlights: - A composable data layer enabling transparent interactions. - Continued focus on GPM, OCP, and self-hosted use cases like the Uniswap and Aave dashboards - 6+ years of experience, including running high-scale RPC services for Polygon, handling up to 1B daily API requests. 📊 Powering the incentivized social economy We’re the foundational infrastructure powering these experiences—indexing, parsing, and repurposing data to enable a new era of onchain social applications. 🚀 Think: Truth at the speed of likes, follows, and reposts. 🔗 Read the full blog here: https://blog.powerloom.io/powerloom-powering-the-next-gen-financialized-social-networks/ 🤝 Spread the word 👇 https://x.com/Powerloom/status/1862121213465932268

🌟 Devcon & ETHGlobal Bangkok 2024 Recap 🌟 What an incredible week! From thought-provoking talks and cutting-edge projects to meeting builders and the amazing Powerloom community, blockchain truly took over Bangkok. 💻 At the ETHGlobal Hackathon, we offered $10K in bounties and hosted a GPM tournament and were impressed by submissions like YopiNopi, a crypto prediction Telegram app powered by Powerloom! 🏅 Our co-founder, Swaroop Hegde, was of the ETHGlobal hackathon judges and loved seeing the creativity of builders. 🔮 What’s Next? - Powerloom network Mainnet Launch 🚀 - Drop announcement for snapshotter node holders 🪂 - Preparing for TGE 🌟 Exciting times ahead—stay tuned! 🌐 👉 Read the full blog here: https://blog.powerloom.io/devcon-ethglobal-bangkok-2024-recap/ Let's spread the word 👇 https://x.com/PowerloomHQ/status/1860225266402099629

🚀 We’re excited to announce that Eigen DA, built on top of Eigenlayer, will serve as our official data availability partner for Powerloom Mainnet! 🌟 Why EigenDA? During our pre-mainnet phase, we transitioned to the EigenDA alpha stack and saw outstanding results in both data accessibility and cost-efficiency 💸 Decentralized & Cost-Effective EigenDA’s decentralized data availability layer minimizes data costs by offloading storage from Ethereum mainnet, helping Powerloom reduce overhead costs ⚡ Optimized for High-Throughput and Security Built on core principles and libraries from Danksharding, EigenDA provides high-throughput capabilities of 15 MB/s and its re-staking model incentivizes validators, ensuring an added layer of security and stability. 🤝 With Eigen Layer as a strategic partner, we’re excited to continue innovating and setting new standards in decentralized data infrastructure as Powerloom Mainnet goes live. Stay tuned for what’s next! Share the post on X 👇 https://x.com/PowerloomHQ/status/1856942007635382549

Next stop: Bangkok! 🇹🇭 The Powerloom core team is excited to attend Devcon & ETHGlobal! We’ll be around all week—feel free to reach out if you’re up for coffee and insightful chats ☕️💬 Stay tuned for more info on our booth at ETHGlobal and exciting bounty details 🔜 📢 Help us spread the word: https://twitter.com/PowerloomHQ/status/1853753764785627620

Diwali brings light, and so will Powerloom’s mainnet. Launching 🔜 Wishing a bright and joyous Diwali to everyone celebrating! 🪔💥

👋 Our co-founder Swaroop & Lead engineer Akshay are at Pragma & ETHGlobal San Francisco! ✨ 🤝 We're also thrilled to be an official partner for the events 📩 If you’re attending and want to chat, feel free to DM us 📣 Help us spread the word 👇 https://twitter.com/PowerloomHQ/status/1846608407681552413

📣 We’re just 30 days away from the end of our pre-mainnet phase 🗓️ 🚨 Get ready for the official launch of our mainnet 🚀 ⏰ The countdown begins 🔔 🔮 Stay tuned for more details 💥 🤝 Spread the word 👇 https://twitter.com/PowerloomHQ/status/1844065407038259662

$POWER 💪 🔜 Spread the word 👇 https://twitter.com/PowerloomHQ/status/1840818717166342173

Powerloom Protocol Pre-Mainnet 🎉 We’re excited to share the latest blog covering the Pre-Mainnet launch of Powerloom Protocol! This is a huge milestone in our mission to create a scalable, decentralized platform for real-time data markets. 🚀 🔑 Key Highlights: - V2 Upgrades: Enhanced multinode setup, new sequencers, and validators. - Daily $POP Rewards: Run nodes, contribute to the network, and earn $POP tokens daily! - Improved Connectivity: libp2p-based communication protocols for faster, censorship-resistant connections. 🔗 Full details: https://blog.powerloom.io/pre-mainnet/  Help us spread the word by sharing: https://twitter.com/PowerloomHQ/status/1838234577678028992

🌍 Exciting news! Our Co-Founder, Swaroop, will be a judge at the upcoming ETHGlobal Singapore hackathon! 🎉 Looking forward to all the innovative ideas from the onchain community. 🚀 More details: https://ethglobal.com/events/singapore2024

🎉 Daily $POP rewards for pre-mainnet are now live for snapshotters! Check the details on our Discord and snapshotter dashboard. 🔎 Join our kickoff call tomorrow, August 27th at 12:30 PM UTC (6 PM IST / 5:30 AM PT) to learn more! 👇 https://discord.gg/powerloom?event=1277623852612194448

📣 Hello Snaphotters! New release for daily rewards for pre-mainnet is ready for testing! You can set up your nodes now to be fully prepared to start earning rewards as soon as we activate it 🚀 Check Discord for details 🔎 https://discord.com/channels/777248105636560948/1146931631039463484/1276231214742769754

🚀 Biggest news on the Pre-Mainnet so far! 🥁 Incentives are here 🥁 Earn 10,000 $POP per node setup 🛠️ Check node status & claim $POP: https://snapshotter-dashboard.powerloom.network/ Setup: https://docs.powerloom.io/docs/build-with-powerloom/snapshotter-node/lite-node-v2/getting-started/ 1,000 submissions = 10,000 POP 🥳 Rewards for 1 week only! 💁‍♂️ Stay tuned for more!

🇧🇪 Exciting news! Our Co-Founder Swaroop is heading to EthCC and the ETHGlobal hackathon in Brussels! We're eager to connect and share: - The future of composable web3 data - Our newly launched Onchain Points SZN - The groundbreaking first app leveraging Onchain Points with GPM There's so much more to explore! 📩 DM us to set up a meeting. Let's make this EthCC unforgettable! Spread the word: https://x.com/PowerloomHQ/status/1810208312840929695