Onchain Alpha | Enabling rapid development of advanced data applications with Powerloom

In this conversation, Swaroop and Humpty discuss the entrepreneurial journey and the creation of Powerloom protocol. Swaroop shares his background in tech and crypto, highlighting the importance of perseverance in entrepreneurship. They delve into the development of Power Loom, a composable data network for blockchain data, and its key features such as snapshots and decentralization.

The conversation also touches on the comparison between Power Loom and other data service providers in the industry.

In this conversation, Humpty and Swaroop discuss the success of Farcaster and the value of hackathons.

They explore the importance of connecting with founders and sponsors, as well as the future of hackathons in the decentralized social space.

Swaroop shares his vision for Power Loom and how it can continue to expand using innovative platforms. They also discuss the power of on-chain development and the impact of Web3 in the digital space.

The conversation concludes with a reminder to engage with Powerloom and stay updated on its developments.

Socials:

Powerloom X: https://twitter.com/

PowerloomHQ: https://powerloom.io/

Swaroop X: https://twitter.com/SwaroopH

Crypto Sapiens: https://www.cryptosapiens.xyz/

https://twitter.com/CryptoSapiens_

https://warpcast.com/csm

 

Takeaways:

- Perseverance is crucial in the entrepreneurial journey, and it is important to find meaning and impact in the projects you work on.

-Powerloom is a composable data network for blockchain data, providing decentralized and reliable access to on-chain data.

- Powerloom's snapshots concept allows for continuous observation and cataloging of smart contracts, ensuring accurate and trustworthy data.

- Powerloom differentiates itself from other data service providers by offering a decentralized approach and eliminating the need for redundant data queries.

- The development of Powerloom is driven by the vision of making on-chain data more accessible and efficient for developers and users. Farcaster has seen significant success, with Pratik's podcasts ranking in the top five casts on the platform.

- Hackathons provide valuable opportunities to connect with founders and sponsors in the decentralized social space.

- Powerloom aims to expand its vision by supporting innovative platforms and building a low-code, no-code solution.

- On-chain development allows for greater composability and decentralization, empowering individuals to participate without relying on centralized providers.

- Web3 development offers new possibilities for creating value and impact in the digital space.

Timestamps:

**00:00** Introduction

**00:55** Overview of Swaroop, Crypto Journey and Starting of Power Loom

**05:31** The Entrepreneurial Journey

**10:49** Building Power Loom

**14:40** How Power Loom works and How a developer can get started

**22:13** Comparison with Other Services

**24:55** Celebrating Success on Farcaster

**26:06** The Value metrics of Hackathons

**26:20** Humpty’s thoughts on Value Metrics of Hackathons: Connecting with Founders and Sponsors **27:33** Swaroop’s thoughts on The Value Metrics of Hackathon

**32:22** The Journey of Orange Protocol

**34:45** The Inspiration behind SuperFans

**35:15** Collaboration and Multiple Platforms

**38:40** Expanding Power Loom Vision

**41:35** Building on Power Loom

**44:23** Future of Power Loom

**47:40** Power of On-Chain Development

**49:18** Engaging with Power Loom

**50:35** Closing Remarks