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

Starting date
July 31st, 2018
Ending date
August 10th, 2018
Token Sale Hard Cap
$ 24,000,000
Token Sale Soft Cap
Token Symbol
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)
Participation Restrictions
Residents of New York State, China, and certain countries and persons subject to U.S. sanctions and embargoes

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