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Powerloom Hits Over 1B New Data Points Prior to Its Mainnet Launch

Author: Content Editor
Powerloom, a data layer for onchain applications, has reached a milestone with 1 billion new data points and over 5300 Snapshotter nodes. The Snapshotter nodes record event emissions and state changes to create real-world datasets, improving user experiences for decentralized applications (dApps). Powerloom emphasizes the importance of a decentralized infrastructure for the mainstream adoption of DeFi, NFTs, and GameFi, and plans to launch its mainnet in January 2025. The platform's real-time datasets aim to enhance dApps by providing accurate and fast information. Powerloom ensures data correctness through a transparent consensus mechanism and synchronization with the blockchain, reducing the risk of outdated information for smart contracts and apps. The platform's co-founder, Swaroop Hegde, expressed excitement about the achievement and highlighted the upcoming launch of the utility token $POWER to benefit early adopters and ecosystem participants. Powerloom aims to provide a rewarding, transparent, and secure environment for users as it approaches its mainstream launch.

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