Loopring, is a cryptocurrency first of all. It’s using a modern technology, (called zk roll-ups’) which to my understanding revolutionises the crypto space in its own way in the long-term. Loopring uses a zero knowledge proof protocol. (Look it up on Youtube) Loopring is a Layer 2 solution on top of the Ethereum Blockchain. Loopring is building a solution to the (sometimes) {very} high gas fee’s that Ethereum transactions often entail. Loopring’s new counter-factual (cf) wallet makes it possible to combine hundreds of transactions on Layer 2, into one Ethereum transaction, on Layer 1. This is especially useful, when it comes to trading NFT’s. Imagine being able to trade NFT’s that are home to the Ethereum blockchain, but a hundred times cheaper. Simply to good to be true, yet, Daniel Wang had this vision some time ago before you even knew NFT’s existed. Mr. Wang, the founder of Loopring org, has been building an unstoppable force with Loopring for many years, that I personally believe in very dearly. He recently stepped down as Loopring’s CEO, and appointed Steve Guo as his replacement. Because, there would be no Lööpers in America without Mr. Wang, we want to say thank you here.

Let’s get back to the technology, Loopring doesn’t just allow to scale Etherereum by minting NFT’s and trading other ETH NFT’s off-chain. You can also use Looprings smart wallet, as an exchange for buying/selling other cryptocurrencies – all decentralised & all on Ethereum – with an extra level of security, and better for the environment as there’s less energy consumption. The time is now, we can start making use of the incredible technology Loopring brought to light. We already have started minting the Lööpers in Gmerica NFT collection. Download the Loopring Smart wallet on your phone, through the App Store. Register with your phone number, and boom suddenly you are your own bank. (If you want my invite code: 025150)

Download the Loopring wallet using one of the following links:

For iOS: https://apps.apple.com/de/app/loopring-smart-wallet/id1550921126?l=en

For Android: https://play.google.com/store/apps/details?id=loopring.defi.wallet&hl=en&gl=US