Description
Powerloom is a composable data network for Web3, designed to empower builders to create rich data applications. It provides peer-validated, consensus-backed data stored on IPFS for transparency and trust. The protocol offers flexible, extensible, and on-demand data points, allowing users to configure and launch use-case-specific data markets. Key features include the ability to efficiently deploy data applications with pre-computed APIs for DeFi protocols and smart contracts, and verifiable, composable datasets for building products like dashboards. Powerloom nodes are lightweight and can be deployed easily, offering a consensus status dashboard and ready-to-use, use-case-specific APIs. A case study highlights its use with the Uniswap V2 Data Market, providing access to trading volumes, pairs, and tokens.