Loopring

Loopring

Created using Figma
Created using Figma
Loopring is not only a protocol but also a decentralized automated execution system that trades across the crypto-token exchanges, shielding users from counterparty risk and reduce the cost of trading. By essentially rising the liquidity of cryptocurrencies, we are building the financial system of the future
Risk: High
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • HitBTC
    LRC/ETH 3 minutes ago
    $ 0.0449
    $ 33.23
    7.31%
    5.88%
  • HitBTC
    LRC/BTC 10 minutes ago
    $ 0.0477
    $ 3.276 K
    10.30%
    486.43%
  • OKEx
    LRC/ETH 16 minutes ago
    $ 0.0475
    $ 23.66 K
    12.73%
    228.66%
  • OKEx
    LRC/BTC 16 minutes ago
    $ 0.0475
    $ 159.573 K
    12.76%
    265.72%
  • OKEx
    LRC/USDT 16 minutes ago
    $ 0.0476
    $ 198.672 K
    13.19%
    346.98%
  • BITKER
    LRC/ETH 16 minutes ago
    $ 0.0478
    $ 387.50
    13.19%
    13.50%
  • Bithumb
    LRC/KRW 16 minutes ago
    $ 0.4087
    $ 96.106 K
    -9.85%
    -47.91%
  • Binance
    LRC/BTC 18 minutes ago
    $ 0.0480
    $ 913.518 K
    13.09%
    352.84%
  • Binance
    LRC/ETH 18 minutes ago
    $ 0.0477
    $ 93.008 K
    13.30%
    94.94%
  • DragonEx
    LRC/USDT 40 minutes ago
    $ 0.0469
    -
    21.03%
    -
  • DragonEx
    LRC/ETH 40 minutes ago
    $ 0.0478
    $ 32.17
    13.05%
    -16.58%
  • Dcoin
    LRC/USDT 40 minutes ago
    $ 0.0481
    $ 7.517 K
    10.85%
    214.08%
  • Bitrue
    LRC/BTC 43 minutes ago
    $ 0.0473
    $ 3.078 K
    10.71%
    386.18%
  • Bitrue
    LRC/ETH 43 minutes ago
    $ 0.0470
    $ 862.75
    10.78%
    293.18%
  • OTCBTC
    LRC/ETH 46 minutes ago
    $ 0.0398
    -
    0.93%
    -
  • CoinMex
    LRC/USDT 46 minutes ago
    $ 0.0474
    $ 303.507 K
    11.19%
    137.35%
  • CoinMex
    LRC/ETH 46 minutes ago
    $ 0.0474
    $ 281.208 K
    10.25%
    243.21%
  • Coinplace
    LRC/BTC 48 minutes ago
    $ 0.0467
    $ 404.44
    13.48%
    -14.12%
  • Shangya Exchange
    LRC/USDT 51 minutes ago
    $ 0.0397
    $ 4.123 K
    5.29%
    15.52%
  • Tokenomy
    LRC/BTC 54 minutes ago
    $ 0.0004
    -
    -1.02%
    -
  • Gate.io
    LRC/ETH 55 minutes ago
    $ 0.0478
    $ 12.868 K
    12.56%
    459.32%
  • Gate.io
    LRC/USDT 55 minutes ago
    $ 0.0475
    $ 139.969 K
    11.56%
    585.58%
  • Gate.io
    LRC/BTC 55 minutes ago
    $ 0.0475
    $ 8.266 K
    11.68%
    262.53%
  • ZG.TOP
    LRC/USDT 56 minutes ago
    $ 0.0474
    $ 99.576 K
    12.08%
    11.09%
  • Upbit
    LRC/BTC 58 minutes ago
    $ 0.0476
    $ 336.989 K
    12.06%
    304.78%
  • Bittrex
    LRC/BTC one hour ago
    $ 0.0482
    $ 338.265 K
    12.93%
    281.65%
  • TOKOK
    LRC/ETH one hour ago
    $ 0.0467
    $ 6.769 K
    11.36%
    17.49%
  • Purcow
    LRC/ETH one hour ago
    $ 0.0469
    $ 6.535 K
    9.70%
    6.21%
  • Cryptobulls
    LRC/BTC 3 hours ago
    $ 0.0428
    $ 0.0652
    -
    -
  • Idex
    LRC/ETH 3 hours ago
    $ 0.0459
    $ 229.64
    -
    -
  • Ethfinex
    LRC/BTC 4 hours ago
    $ 0.0450
    $ 1.153 K
    7.81%
    -25.01%
  • YoBit
    LRC/BTC 5 hours ago
    $ 0.0432
    $ 6.81
    1.52%
    -45.44%
  • BITKER
    LRC/BTC 6 hours ago
    $ 0.0388
    $ 776.40
    -1.63%
    -10.22%
  • Ethfinex
    LRC/ETH 8 hours ago
    $ 0.0433
    $ 55.61
    -
    -
  • ForkDelta
    LRC/ETH 19 hours ago
    $ 0.0325
    -
    -
    -
  • Coinexchange
    LRC/BTC 23 hours ago
    $ 0.0503
    -
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  • Ethfinex
    LRC/USD one day ago
    $ 0.0545
    $ 19.15
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  • Coinexchange
    LRC/ETH 8 days ago
    $ 0.0320
    -
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  • AirSwap
    LRC/ETH 12 days ago
    $ 0.0429
    $ 0.0086
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  • Idax
    LRC/BTC 13 days ago
    $ 0.0398
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  • YoBit
    LRC/USD 13 days ago
    $ 0.0380
    $ 38.80
    -
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  • Fcoin
    LRC/ETH 17 days ago
    $ 0.0947
    -
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  • Idax
    LRC/ETH one month ago
    $ 0.0066
    -
    -
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  • Switcheo
    LRC/ETH one month ago
    -
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    -
  • Tokenomy
    LRC/TEN one month ago
    $ 0.0267
    -
    -
    -
  • Tokenomy
    LRC/ETH one month ago
    $ 0.1923
    -
    -
    -
  • Everbloom
    LRC/ETH one month ago
    $ 0.0404
    -
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  • YoBit
    LRC/DOGE
    -
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  • Bitfinex
    LRC/USD
    -
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  • Bitfinex
    LRC/BTC
    -
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  • Bitfinex
    LRC/ETH
    -
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  • YoBit
    LRC/ETH
    -
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  • YoBit
    LRC/RUR
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  • YoBit
    LRC/WAVES
    -
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Sep 1, 2017
Sep 16, 2017
100% completed
Raised funds - no Data
past
Token Details
Ticker
LRC
Company Details
Registered Country
China
Additional Details
Categories
Platform

About Loopring

Loopring is not only a protocol but also a decentralized automated execution system that trades across the crypto-token exchanges, shielding users from counterparty risk and reduce the cost of trading. By essentially raising the liquidity of cryptocurrencies, we are building the financial system of the future.

Zero Risk
Loopring does not require members to send tokens to exchanges for custody. Tokens always remain in their blockchain addresses during the whole transaction life cycle Members can even transfer their tokens around after orders are submitted - Loopring will automatically adjust trading amount at the initial price. Loopring protects members from threats such as exchange bankrupcies and DDOS.

Decentralized
Orders are automatically executed while trade’s funds remain under their control in a decentralized smart contract on the blockchain.

Order Sharing
Loopring mechanism allows to order break into small pieces, identifies the best exchanges and times to trade those pieces on, and applies game theoretic logic to optimize trading results. Loopring can also well protect trading from DDOS attack.

Ring-Matching
Loopring is a decentralized, automated trading intelligence interfaces between crypto exchanges and blockchains, using our balance sheet to enable users to realize liquidity many times greater than available directly in the market, by both generating liquidity within the platform and breaking orders into small pieces that are placed across all market venues simultaneously.

Cross-chain protocol
Loopring was designed to be blockchain agnostic. As long as a blockchain has smart-contract support, Loopring can be implementd, and all ERC20-like tokens on such a blockchain can be traded under Loopring.

Features

- Loopring mechanism allows to order break into small pieces, identifies exchanges and times to trade those pieces on, and applies game theoretic logic to optimize trading results.
- Orders are automatically executed while trade’s funds remain under their control in a decentralized smart contract on the blockchain.

Loopring Roadmap

  • 2016.10

  • Loopring concept born
  • 2016.12

  • Ring-match concept verified
  • 2017.5

  • Whitepaper published
  • 2017.6

  • Team set up, token sale planned
  • Read More
  • 2017.8.1

  • Token sale kicked off
  • 2017.8.16

  • Token sale concluded successfully
  • 2017.11

  • Loopring smart contract to be released
  • 2017.12

  • LRC listed on exchanges
  • 2018.2

  • Open source ring-mining software
  • 2018.4

  • Open source & launch a wallet to trade with Loopring Protocol

Activity

Followers:
28 513
VERY HIGH
Tweets:
1 855
VERY HIGH
30 Days Growth:
143
Alexa

Rank:
508 430
MEDIUM
Delta:
-4 966
Year commits:
6 174
Watchers:
361
Stars:
288
Forks:
162
Open issues:
46

Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Daniel Wang
Founder
unverified
Jay Zhou
CMO
unverified
Johnston Chen
COO
unverified

Last News

$ 0.0478
19.25%
Coin Stats
Daily, %:
19.25%
Weekly, %:
10.01%
Monthly, %:
43.80%
Market Info
Market Cap:
$ 35.117 M
Volume 24h:
$ 2.933 M
Circ. Supply:
735.09 M LRC
Ticker:
LRC
2.86
risky
5.0 14
ICO Profile Vision Activity Potential Product Team

Loopring Reviews

icorating.com
ICO review website

The following are the general strengths of the Loopring project:

  • Ambitious and perspective idea

  • Healthy vesting conditions

  • Strong team

  • Good competitive position

Key project risks at this stage include:

Competition

The project has strong competitors based on their progress and market position, however, Loopring has several competitive advantages in terms of performance and security in comparison with its rivals. Considering such strengths, such as an experienced development team, good overload resistance, stability, and extensive tools, the project can become a worthy competitor.

Roadmap is not comprehensive

The project’s roadmap does not have business development milestones and does not directly cover in detail the period after the trading wallet release in April, 2018. At the same time, vesting for the team will continue for almost two years (current 2018, upcoming 2019 and half of 2020). As for the report date, the roadmap is presented as a single artistic format of the business plan, without any specific milestone, which could be used in a future project’s on-time development evaluation.

Absence of detailed information regarding the use of proceeds

Information regarding the use of funds collected during the ICO is not available for public review yet and cannot be verified. Nevertheless, the team intends to release an expense report for public review after the calendar year-end. If that happens, the risk may go down.

Read More
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