Important: As per this announcement, FOA is delisted from Bitfinex, ceasing trading on 23/11/20 at 12:00 PM UTC.
FOAM Token (FOA) has a mission 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 the FOAM Map, where a community of Cartographers curate geographic Points of Interest on the FOAM map. Through global community-driven efforts, FOAM’s proof of location protocol aims to enable a permissionless and privacy-preserving network of radio beacons that is independent of external centralized sources and capable of providing secure location verification services.