AN UPDATE REGARDING THE LOOMIA TOKEN SALE


Over the last quarter, LOOMIA worked to secure brand alignments to bring TILE to market. LOOMIA will be piloting TILE with some amazing consumer brands, and we are working now to ramp up development.

On the tech side, we had a breakthrough in our development process that will allow users to offload product data via an RFID antenna instead of a hardware device. Our new brand partners and technological progression could not have happened without the support of our community. We will be announcing these partnerships and updating our technology portfolio over the next few weeks.
 
To that end, we will be launching our token sale in 2018, after we publicize our brand alignments and are closer to product launch. We were given the go-ahead to open the sale to US residents, so we are moving the sale date to 2018 to allow additional time to reach the new demographic, and properly socialize these exciting developments.
 
As we do so, we ask that you all continue to turn to this channel for the latest news and updates ahead of our public sale in 2018!
 
Thank you for your support-
The Team at LOOMIA

Please do it 

LOOMIA materials are:

1) SAFE AND COMPLIANT, BY DESIGN

LOOMIA materials are ROHS certified, built in ISO 9001 and OSHA approved facility, with the bulk of our manufacturing happening in the USA. LOOMIA materials are washer and dryer safe.

2) NOT JUST FABRIC:  WEARABLE SOLUTIONS

LOOMIA technology extends beyond textiles. We work to design and engineer components and connections for truly magical user experiences.

3) READY TO INTEGRATE

LOOMIA products come with the solutions to make them market ready, with tech packs designed for manufacturing.

LOOMIA aims to give the power of data collection from the end-user's physical presence back to the consumer. By using the blockchain to allow serverless and secure communication for the data that's collected, the individual will be able to choose how to share or sell it.

To elaborate, there are registries of user IDs and products on the blockchain. Since the platform is serverless this is required to ensure data authenticity. Also we are using blockstack behind the scenes which has its own needs for a blockchain including incorruptible routing tables.

Not only is the blockchain secure, it's also transparent and immutable - meaning that the metadata that's collected can be audited and inherently trusted by all parties, rather than current industry methods which could be altered to fit one particular player's benefits.

Lastly, if you do decide to share or sell your data, the rewards will be paid in LOOMIA tokens - you can read more about that here on Forbes.com https://www.forbes.com/sites/rachelarthur/2017/09/08/data-from-your-clothing-could-soon-earn-you-digital-currency-thanks-to-this-blockchain-integration/#566f981e6f99.

What is the pre-sale date? Is this date mentioned and only the token sale? Could you tell me the correct dates?

Hi there - on telegram the pre-sale is listed as Oct 25th-Dec 1st.
Hope that helps!

Thank you for your interest glennmatthew,

A video with the whole founding team will be recorded very soon to clear all possible doubts. In the meantime, you can visit Maddy's website (http://www.madisonmaxey.com/) where you will find a link to LOOMIA, check out her Twitter account https://twitter.com/Maddy_Maxey or read this article on PSFK

The Next Frontier In Fabric Tech Is Reinventing Fashion With Function

Be sure to check out this interview with the CEO giving a lot of info on the product! https://www.youtube.com/watch?v=vBy3Sch_bDU

Thanks for sharing that, it's a really great interview!