Lokkaroom Launches On The Hedera Blockchain

Twitter icon  •  Published 2 days ago  •  Hassan Maishera

HBAR Foundation, the development team behind the Hedera blockchain, announced via a blog post on Wednesday that Lokkaroom is now live on the Hedera network.

HBAR Foundation, the development team behind the Hedera blockchain, announced via a blog post on Wednesday that Lokkaroom is now live on the Hedera network. The team said Lokkaroom is the mobile-first fan experience platform for clubs and athletes of all sports to create their own digital economies by enhancing the fan experience. Lokkaroom is launching on Hedera with two sporting organizations and three key NFT collections. Users are not required to set up their own Hedera wallet. Rather, all this is automated and managed directly on Lokkaroom, the HBAR Foundation added. 

Hedera Hashgraph is distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance.

HBAR is trading at $0.0486 at press time, up by more than 3% over the last 24 hours.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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