
**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
| Sale Type | Past ICO listing |
|---|---|
| Target Raise | $ 24,000,000 |
| Hard Cap | $ 24,000,000 |
| Token Symbol | FOAM |
| Token Type | ERC20 - Ethereum |
| Contract | 0x4946Fcea7C692606e8908002e55A582af44AC121 |
| Token Price | 1 FOAM = $0.08 (if sale target is reached) |
|---|---|
| KYC | Yes |
| Whitelist | No |
| Accepts | ETH |
| Distribution | Sale 30%; Mining Reserve 35%; Founders and Developers - 15%; Foundation Reserve 10%; Employees, Advisors, Partners 10% |
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.
No, the FOAM Protocol ICO is closed.
The FOAM Protocol token uses the symbol FOAM.
The token price for FOAM Protocol is 1 FOAM = $0.08 (if sale target is reached).
FOAM Protocol's KYC requirement is: Yes.
The official website for FOAM Protocol is https://foam.space, and the whitepaper is available at https://foam.space/publicAssets/FOAM_Whitepaper_May2018.pdf.