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FOAM (FOAM) Price, Charts, Market Capitalization

FOAM (FOAM) Graphics


FOAM (FOAM) is a decentralized location protocol designed to provide secure, reliable, and tamper-proof geospatial data on the blockchain. By leveraging Proof of Location (PoL) technology, FOAM enables users to verify, contribute, and curate location-based data in a decentralized, transparent, and community-driven ecosystem.

With the growing importance of decentralized applications (dApps), smart contracts, and Web3 infrastructure, FOAM aims to replace traditional centralized mapping systems with a trustless and autonomous alternative.


What Is FOAM (FOAM)?

FOAM is an Ethereum-based geospatial protocol that allows users to stake, validate, and govern location-based data. Unlike traditional mapping services controlled by centralized entities, FOAM relies on a decentralized network of contributors to ensure accurate and verified geographic data.

The FOAM token is the native utility token of the FOAM ecosystem, used for staking, governance, and incentivizing accurate location data contributions.


How FOAM Works

FOAM integrates blockchain technology, staking incentives, and user verification to create a secure, decentralized mapping network.

🔹 Proof of Location (PoL) – Verifies real-time geospatial data through a trustless network.
🔹 Token-Curated Registry (TCR) – Allows users to validate and stake FOAM tokens for accurate location-based data.
🔹 Decentralized Mapping – Enables a community-driven and tamper-proof alternative to centralized mapping services.
🔹 Web3 & Smart Contract Integration – Provides decentralized applications (dApps) and smart contracts with secure location data.


Key Features of FOAM (FOAM)

Decentralized Proof of Location (PoL)

  • Uses a trustless verification system to confirm location accuracy.
  • Eliminates fraud and central authority control over geospatial data.

Token-Curated Registry (TCR) for Location Validation

  • Users stake FOAM tokens to validate and govern Points of Interest (PoIs).
  • Community-driven location curation and verification process.

FOAM Token Utility

  • FOAM tokens are used for:
    • Staking & governance participation.
    • Curating and verifying accurate geospatial data.
    • Rewarding contributors for maintaining mapping integrity.

Web3 & Smart Contract Integration

  • Provides decentralized applications (dApps) with verifiable location data.
  • Supports DeFi, supply chain tracking, and asset verification.

Scalability & Security

  • Operates on Ethereum Layer 2 solutions to reduce costs and increase scalability.
  • Ensures tamper-proof and immutable geospatial data.

Market Value & Tokenomics

  • Current Price: Subject to market fluctuations.
  • Total Supply: 1 billion FOAM tokens.
  • Circulating Supply: Adjusted based on staking, rewards, and governance.

As demand for decentralized geospatial data increases, FOAM tokens could play a crucial role in the Web3 location infrastructure.


Pros and Cons of FOAM (FOAM)

Pros

Decentralized Proof of Location – Uses blockchain verification for accurate geospatial data.
Community-Driven Validation – Relies on user staking and governance.
FOAM Token Utility – Supports staking, governance, and location validation rewards.
Web3 Integration – Works with dApps, DeFi, and smart contracts.
Tamper-Proof Mapping System – Provides secure and reliable geospatial data.

Cons

Adoption Challenges – Requires broader adoption among developers and enterprises.
Market VolatilityFOAM token prices fluctuate based on demand.
Competitive Market – Competes with Google Maps API and centralized geospatial data providers.


Future Roadmap of FOAM

🚀 Expansion of Proof of Location (PoL) Coverage – Increasing real-world mapping adoption.
🔗 Cross-Chain Compatibility – Supporting Ethereum, Binance Smart Chain, and other networks.
🏛 Decentralized Governance (DAO) – Allowing FOAM holders to vote on platform upgrades.
📊 Enterprise & Institutional Adoption – Partnering with corporations, logistics firms, and DeFi projects.


How to Buy FOAM (FOAM)?

To purchase FOAM tokens, follow these steps:

  1. Choose a Crypto Exchange – Platforms trading FOAM include Uniswap, Balancer, and other DEXs.
  2. Create an Account – Register and complete KYC verification if required.
  3. Deposit Funds – Add fiat currency (USD, EUR, etc.) or another cryptocurrency (ETH, USDT).
  4. Buy FOAM – Search for FOAM tokens on the exchange and complete your purchase.
  5. Store Securely – Transfer FOAM to a crypto wallet for long-term security.

FOAM (FOAM) is revolutionizing decentralized mapping and geospatial data verification by leveraging blockchain technology, Proof of Location, and token-curated registries. With its community-driven validation model, smart contract integration, and FOAM token utility, FOAM is shaping the future of decentralized geolocation services.

As Web3 adoption increases and demand for secure location data grows, FOAM tokens could play a critical role in the global decentralized infrastructure.

About FOAM (FOAM)

Information TypeDetails
SymbolFOAM
NetworkEthereum
Websitehttps://foam.space/
ExplorersEtherscan
Community PlatformsTwitter, Telegram
Search OnCoinGecko, CoinMarketCap
API IDfoam
CategoriesArtificial Intelligence

1 FOAM (FOAM) USDC (1 FOAM) to USD//Coin) Exchange Calculator

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