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FOAM Protocol (FOAM)

**UPDATE - FOAM raised 16.5M USD in Main Sale. No announcements on token release or listing info yet** Open Protocol for Proof of Location on Ethereum

Closed

ICO Details

Sale TypePast ICO listing
Target Raise$ 24,000,000
Hard Cap$ 24,000,000
Token SymbolFOAM
Token TypeERC20 - Ethereum
Contract0x4946Fcea7C692606e8908002e55A582af44AC121
Token Price1 FOAM = $0.08 (if sale target is reached)
KYCYes
WhitelistNo
AcceptsETH
DistributionSale 30%; Mining Reserve 35%; Founders and Developers - 15%; Foundation Reserve 10%; Employees, Advisors, Partners 10%

Official Video

Features

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.

Core Team

Ryan John King
Ryan John King
CEO & Co-Founder
Kristoffer Josefsson
Kristoffer Josefsson
CTO & Co-Founder
Katya Zavyalova
Katya Zavyalova
CCO & Co-Founder
Martin Allen
Martin Allen
Senior Blockchain Engineer
Arthur Röing Baer
Arthur Röing Baer
Creative Marketing Director
Ilya Ostrovskiy
Ilya Ostrovskiy
Protocol Engineer
Brandon Goblirsch
Brandon Goblirsch
Community Manager

Frequently Asked Questions

What is FOAM Protocol?

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.

Is the FOAM Protocol ICO currently live?

No, the FOAM Protocol ICO is closed.

What is the FOAM Protocol token symbol?

The FOAM Protocol token uses the symbol FOAM.

What is the FOAM Protocol (FOAM) price?

The token price for FOAM Protocol is 1 FOAM = $0.08 (if sale target is reached).

Does FOAM Protocol require KYC to participate?

FOAM Protocol's KYC requirement is: Yes.

Where can I find official information about FOAM Protocol?

The official website for FOAM Protocol is https://foam.space, and the whitepaper is available at https://foam.space/publicAssets/FOAM_Whitepaper_May2018.pdf.

Data sources

  • Live prices via CoinGecko
  • News from CoinDesk, Cointelegraph & Decrypt
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