FOAMPrice

(FOAM)

FOAM is a decentralized protocol built on the Ethereum blockchain designed to provide a consensus-driven map of the world. Its primary objective is to establish "Proof of Location," a secure, fraud-proof, and privacy-preserving alternative to traditional GPS. By using a network of terrestrial radio beacons, FOAM allows for the verification of geographic data without relying on centralized satellite systems, providing a necessary layer of security for location-based services.

The FOAM token serves three core functions. First, it is used for Mapping, where users stake tokens to curate and add Points of Interest (POIs) to the FOAM Map. Second, it is used for Signaling, allowing holders to stake tokens to indicate geographic areas where location services are in high demand. Finally, it serves as Mining Rewards, where service providers known as Zone Anchors earn tokens for providing verified and secure location data to the network.

Static Proof of Location involves "Cartographers" who curate and verify fixed points on a map, such as landmarks or businesses. Dynamic Proof of Location refers to the real-time verification of moving objects. This is achieved through a terrestrial network of radio nodes that use synchronized clocks to triangulate a device's exact position at a specific time. Unlike GPS, this decentralized method is designed to be resistant to spoofing and falsification.

Signaling is a staking mechanism that acts as a decentralized "heat map" of demand. Token holders place FOAM tokens on specific map coordinates to indicate where they believe location services are needed. This creates an economic incentive for hardware operators to deploy Zone Anchors in those specific areas to earn higher rewards. This system ensures that the network infrastructure scales organically based on actual community and commercial needs.

A Zone Anchor is a service provider that operates specific LoRa-based radio hardware and maintained internet connectivity to provide location data. These anchors form the backbone of the Dynamic Proof of Location network. The "Trust Zone" is FOAM's testnet program where participants can apply to operate these radio prototypes. This allows users to provide feedback on hardware performance in different environments, such as urban or rural settings, before the technology is deployed globally.

As of early 2026, FOAM is primarily an Ethereum-based project. There have been no official announcements regarding a token migration or airdrop on the TON ecosystem. Users should be extremely cautious of fraudulent websites or social media accounts claiming otherwise. Connecting wallets to unofficial sites can lead to a loss of assets. Always verify information through official project channels and trusted platforms like LBank to ensure the safety of your tokens.