# LOOM Network abandons Games in Favor of Healthcare and Travel Industry

Loom Network was recently proclaimed dead by Bruno Skvorc on Twitter. It was one of the first Ethereum based platforms to develop tools, games, and a sidechain for scaling the network. The token used to have a $400 Million Marketcap in January 2018 and now sits at $15 Million with its

| Fact | Value |
| --- | --- |
| Published | 9 May 2020 |

Source: https://egamers.io/loom-network-abandons-games/