Loomia

Guys, this is not an infrastructure project, so I’m probably gonna pass - I mean why do we need a blockchain for this.

Summary

To conclude, Loomia is made to add functionality to your favorite clothes. We don’t know the future, but this ICO has good growth potential, a responsive team, and a great product behind it. It will be interesting to see how this ICO develops within the upcoming years.

Positives
Rights to Data: Loomia’s main application is to gather biometric data. Personal data is viewed as the most valued commodities in the world, and if the user wants to, they have the rights to own their data while also having the freedom to sell or share it.
Safe to Wear: Loomia’s Tile feature can be easily worn and removed once the user is finished with it. It’s non-toxic and soft, meaning that they won’t cause skin irritation when worn.
LED Application: For most garments, Loomia has a LED feature that allows them to become more visible in public, find important items, or to the user’s personal desires.

Negatives
Data Selling: We hope that Loomia further explains how their technology helps users sell data in later installments.
Technological Issues: There could be a slight chance that Loomia’s Tile might accidentally harm the user.

It looks like Loomia could be an interesting investment for people interested in data gathering. With a good business plan and a clear vision of the future, it looks like Loomia is a company that is really prepared to win.

There are no visible red flags about this company, so you can be assured that the investment will be safe for you. Because of this, don’t be afraid of investing in Loomia, the only that could, in fact, go wrong is the company not being completely successful with their future plans, but nothing indicates that this will happen.

If Loomia looks like a great investment for you, feel free to invest and you will probably get a good return on investment.