Exchange FOAM

foam Price Live Data

The live FOAM price today is $ 0.034 usd with a 24-hour trading volume of $52 usd. We update our FOAM to usd price in real-time. FOAM is up 0.12% in the last 24 hours. The current coinmarketcap ranking is #1307, with a live market cap of $12 188 520 usd. It has a circulating supply of 355 364 942 FOAM coins and the max. Supply of 1 000 000 000 FOAM coins.

What Is FOAM (foam)?

FOAM is an open convention for confirmation of area on Ethereum. Our main goal is to construct an agreement driven guide of the world, engaging a completely decentralized web3 economy with obvious area information. Froth boosts the framework required for protection safeguarding and misrepresentation resistant area check. The beginning stage for FOAM is static verification of area, where a local area of Cartographers curate geographic Points of Interest on the FOAM map. Through worldwide local area driven endeavors, FOAM’s dynamic confirmation of area convention will empower a permissionless and protection safeguarding organization of radio signals that is autonomous from outside concentrated sources and fit for giving secure area check services.

FOAM Token Functionality
1. Add and Curate Geographic Points of Interest
The FOAM Spatial Index Visualizer permits Cartographers to partake in intuitive TCR POIs on a guide. Clients can add focuses to the guide, approve new up-and-comers and check the guide by visiting certifiable areas. The FOAM Token Curated Registry opens planning in a protected and permissionless style and permits areas to be positioned and kept up with by token adjusts. Clients can store FOAM Tokens into POIs on the guide to increment consideration those POIs could receive.

2. Signal for Zone Incentivisation
A further likely utilization of the FOAM Token via Cartographers is to stake their FOAM Tokens to Signal. Flagging is a component intended to permit Cartographers to boost the development and geographic inclusion of the FOAM organization. To Signal, a Cartographer stakes FOAM Tokens to a Signaling savvy contract by reference to a specific region. These marked tokens act as signs of interest, and are proportionate to (I) the time allotment marking (the prior, the better), and (ii) the quantity of tokens marked (the less all around served regions, the better). With regards to the contingent Dynamic Proof of Location idea (portrayed further in the Product Whitepaper), these pointers are the weighted references that decide the spatial mining rewards.

3. Add to Potential Secure Location Services as Zone Anchor or Verifier
The FOAM convention might permit clients to give work and secure confinement administrations and area check for savvy contracts and be compensated for their own endeavors with new FOAM Tokens through mining rewards. Gadgets and genuine agreements can be customized to assign verifications and track collaborations and exchanges on the guide. With the expansion of fundamental radio equipment by individual clients and the grass roots development of the FOAM organization, area status could be able to be demonstrated in an alternate way. Area could be demonstrated through a period synchronization convention that would guarantee progression of a conveyed clock, by which specific equipment could synchronize nodes’ timekeepers over radio to give area administrations in a given region. As made sense of further in the accompanying section, this ‘Dynamic Proof of Location’ is dependent upon various variables beyond Foamspace’s control.