The FOAM protocol (FOAM) is empowering a consensus-driven map of the world. It introduces a system that provides “Proof of Location”. This allows users and autonomous agents to privately record authenticated location data independent of external centralized sources such as GPS, among other use cases.
While the FOAM network launched in September 2018, FOAM tokens have been locked by the protocol and were non-transferable during an initial Proof of Use period. This period has ended today, December 11, and tokens may now be transferred on the Ethereum blockchain.
Today a crypto exchange Poloniex has announced listing of FOAM. Deposits, withdrawals and full trading of FOAM in BTC and USDC pairs are currently live on the exchange.
The FOAM price is 0,00001467 BTC ($0,05) on Poloniex at press time.