FOAM is an open protocol for proof of location on Ethereum. Our 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, FOAM’s 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. FOAM Token Functionality 1. Add and Curate Geographic Points of Interest The FOAM Spatial Index Visualizer allows Cartographers to participate in interactive TCR POIs on a map. Users can add points to the map, validate new candidates and verify the map by visiting real world locations. The FOAM Token Curated Registry unlocks mapping in a secure and permissionless fashion and allows locations to be ranked and maintained by token balances. Users can deposit FOAM Tokens into POIs on the map to increase attention those POIs might receive. 2. Signal for Zone Incentivisation A further potential use of the FOAM Token by Cartographers is to stake their FOAM Tokens to Signal. Signaling is a mechanism designed to allow Cartographers to incentivize the expansion and geographic coverage of the FOAM network. To Signal, a Cartographer stakes FOAM Tokens to a Signaling smart contract by reference to a particular area. These staked tokens serve as indicators of demand, and are proportionate to (i) the length of time staking (the earlier, the better), and (ii) the number of tokens staked (the less well-served areas, the better). In the context of the contingent Dynamic Proof of Location concept (described further in the Product Whitepaper), these indicators are the weighted references that determine the spatial mining rewards. 3. Contribute to Potential Secure Location Services as Zone Anchor or Verifier The FOAM protocol may allow users to provide work and secure localization services and location verification for smart contracts and be rewarded for their own efforts with new FOAM Tokens in the form of mining rewards. Devices and real world contracts can be programmed to designate attestations and track interactions and transactions on the map. With the addition of necessary radio hardware by individual users and the grass roots expansion of the FOAM network, it may be possible for location status to be proved in a different manner. Location could be proved through a time synchronization protocol that would ensure continuity of a distributed clock, whereby specialized hardware could synchronize nodes’ clocks over radio to provide location services in a given area. As explained further in the following paragraph, this ‘Dynamic Proof of Location’ is contingent on a number of factors outside of Foamspace’s control.
FOAM is a cryptocurrency that was established at 2018-07-28. FOAM is ranked #1420 by market capitalization. Currently the FOAM market cap exceeds 3,3K+ Ethereum. By market capitalization it is ranked #1420. Daily trade volume is 4.136979 ETH.
The FOAM price today in ETH is 0.00000941. Through the FOAM price history, the price ranges from 0.00099817 ETH (all time high) to 0.00000053 ETH (all time low). FOAM price last 24 hours fluctuated from 0.00000993 ETH (24h high) to 0.00000896 ETH (24h low).
Check the FOAM value today and exchange rates with more than 15 cryptocurrencies and fiat currencies including USD EUR GBP CNY JPY BRL RUB UAH INR CZK VND TRY CHF SEK BTC ETH BNB
Homepage: https://www.foam.space/
Block explorers: https://etherscan.io/token/0x4946fcea7c692606e8908002e55a582af44ac121 https://ethplorer.io/address/0x4946fcea7c692606e8908002e55a582af44ac121
Forums: http://discourse.foam.space
Reddit: https://www.reddit.com/r/foamprotocol/
Twitter: https://twitter.com/foamspace/
Facebook: https://facebook.com/foamprotocol/
FOAM live price may differ in various exchanges. Check FOAM real-time data to make informed decisions.
You can buy FOAM on decentralised or centralised exchanges, via p2p transfers or in individual direct transactions. REVENUEBOT offers an automated trading bot that helps among other things to buy and sell FOAM at predefined levels. This way, no matter, day or night, there is no chance to miss the next move. The REVENUEBOT FOAM trading robot will buy and sell following the strategy chosen by you.
In short, yes. But manual transactions, however fast, still can not be done in less than a second. That is why automated trading took over both traditional and crypto financial markets. Use the current price of FOAM and trade with REVENUEBOT in less than a second.
In short, only if the current value of FOAM will be less than the value of FOAM at the moment of selling in the future. The FOAM chart can only assist the FOAM value today versus tomorrow, or the distant future. No one can guarantee you the profit but the REVENUEBOT is free until it brings you money. Please note that information concerning current FOAM value or any other information on this page can not be considered investment, trading, financial advice or any sort of recommendation to act in the financial market. The content is provided for informational purposes only.
The answer to these questions depends on the FOAM supply. Check the FOAM live chart to see the current supply and predict how long it will take for the coins to run out. The total supply of FOAM is 1000000000 FOAM, while FOAM circulation supply now is 355364947.57 FOAM.
The crypto industry is fraught with a variety of words in this niche. A new market player is immersed in a yet unknown environment. When they start exploring the stuff, things get more complicated. Yo...
This technology represents one of the most revolutionary and disruptive developments seen over the past few years. Blockchain has gained a broad appeal because of its ability to provide secure, decent...
There is often a dispute among investors as to whether and how often their portfolio should be rebalanced. Among passive and active investors, opinions are divided on this. But how does rebalancing wo...
Many of us want a poverty-free old age, as well as to travel, to stop worrying about money and just to enjoy life. That being said, the truth is that it’s not always possible to live carefree solely o...
For many of us, economics, as if an intangible thread weaving together all areas of our lives, remains obscure. That’s why in this article we will delve into the realm of economic workings and try to ...
Check the current FOAM value, check the converter, and set up your REVENUEBOT in the demo mode, it is all free!
