FOAM Protocol ICO

FOAM Protocol

**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

ICO Details

Status
Past
Starting date
July 31st, 2018
Ending date
August 10th, 2018
Whitelist
No
Token Sale Hard Cap
$ 24,000,000
Token Sale Soft Cap
TBD
Token Symbol
FOAM
Token Type
ERC20 - Ethereum
Token Distribution
Sale 30% Mining Reserve 35% Founders and Developers - 15% Foundation Reserve 10% Employees, Advisors, Partners 10%
Initial Token Price
1 FOAM = $0.08 (if sale target is reached)
KYC
Yes
Participation Restrictions
Residents of New York State, China, and certain countries and persons subject to U.S. sanctions and embargoes
Accepts
ETH
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
CEO & Co-Founder


Kristoffer Josefsson
CTO & Co-Founder


Katya Zavyalova
CCO & Co-Founder


Martin Allen
Senior Blockchain Engineer


Arthur Röing Baer
Creative Marketing Director


Ilya Ostrovskiy
Protocol Engineer


Brandon Goblirsch
Community Manager


Édouard Urcades
Product Designer


Irakli Safareli
Front-end Engineer


Jens Krause
Senior Software Developer

Advisory Team


Alyssa Wright


Matt Liston