I'm not gonna lie, I like what Loom is doing. I believe in a sidechain solution for Ethereum's Scalability issues. I don't understand all the hype around EOS and the likes. They barely even qualify as decentralized. Not to mention they were valued at BILLIONS before they even launched, that is total nonsense and hype.
You can have 2 of any of the following 3, but NOT all 3: Decentralization, Scalability, and Security. If someone is offering you all 3, there's a catch, PERIOD.
Loom has working products and doesn't try to overhype what they are doing. They are simply working hard at developing, which is what I like to see. I'm tired of all the pie in the sky promises made by up-and-coming Tokens. While other companies are raising millions of dollars for something that may, or may not even work, the team at Loom is pounding out applications.
From a technical standpoint, this puppy is WAY oversold. I'm expecting a HARD reversal. It may have already begun earlier today. Money always follows value and these guys actually have value behind them. GOOD LUCK TO ALL!!
Disclaimer - this is not financial advice.