FOAM (FOAM) ICO
The FOAM Proof of Location protocol empowers a network of radio beacons that can offer secure location services independent of external centralized sources such as GPS through time synchronization.
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What is FOAM
FOAM is an open protocol for proof of location on Ethereum. FOAM's mission is to build a consensus driven map of the world, empowering a fully decentralized web3 economy with verifiable location data. FOAM incentivizes the infrastructure needed for privacy-preserving and fraud-proof location verification. The starting point for FOAM is static proof of location, where a community of Cartographers curate geographic Points of Interest on the FOAM map. Through global community-driven efforts, FOAMs dynamic proof of location protocol will enable a permissionless and privacy-preserving network of radio beacons that is independent from external centralized sources and capable of providing secure location verification services.
DetailsPublic sales: Jul 31, 2018 - Aug 10, 2018
Token supply: 300,000,000
Hard cap: 24,000,000 USD(fiat)
Raised: 15,161,254 USD
LegalRegistration country: United States
Token infoTicker: FOAM
Token standard: No
Token price in USD: 1 FOAM = 0.08 USD
Accepted currencies: ETH
30% - Sale
35% - Mining Reserve
15% - Founders and Developers
10% - Foundation Reserve
10% - Employees, Advisors, Partners
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