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FOAM Review

5

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Average

Revainrating 3 out of 5  
Rating 
3.0
Crypto Projects, ERC20

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Description of FOAM

FOAM (FOAM) is a cryptocurrency and operates on the Ethereum platform. FOAM has a current supply of 1,000,000,000 with 316,571,949.755922 in circulation. The last known price of FOAM is 0.014017 USD and is up 63.57 over the last 24 hours. It is currently trading on 5 active market(s) with $116.52 traded over the last 24 hours. More information can be found at https://foam.space/.

Reviews

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Type of review

Revainrating 3 out of 5

FOAM is a post about my idea and understanding.

The stock market, supply chains, airlines, electricity grids, verbal exchange systems, and greater depend on GPS. This platform assigns statistics chains to statistics. FOAM solves area assessments with an opportunity, fault-tolerant system supplied by using an open network of terrestrial radios that everyone can perform. It also has a platform-resistant gadget base. FOAM is constructed on the Ethereum blockchain, a comfortable decentralized database with out a 3rd birthday party or gatekeeper.

Pros
  • Has normal facts.
  • The FOAM platform may be very dynamic and speedy.
  • The average market fee has lower back to regular.
Cons
  • I didn’t like the way the platform labored.
  • No community gadget tests have been issued.

Revainrating 3 out of 5

My understanding about the project FOAM

The rise of the GPS framework set a significant and important trend for the carrier business, far off media, and the electrical business; among different areas that rely upon explicit geographic area signs to do errands identified with their utility. However;the approach of blockchain innovation has made it conceivable to bring to the table a safer non-custodial area instrument than GPS, because of the unalterable idea of the data recorded on the blockchain. This has planted a significant…

Pros
  • It permits you to find and save areas and courses from anyplace on the planet
Cons
  • Fluctuating worth of the money

Revainrating 3 out of 5

A digital instrument for the creation of routes in a decentralized way

The emergence of the GPS system set an important and valuable precedent for the airline industry, remote media, and the electrical industry; among other sectors that depend on specific geographic location signals to carry out tasks related to their utility. However;the advent of blockchain technology has made it possible to offer a more secure non-custodial location mechanism than GPS, due to the unalterable nature of the information recorded on the blockchain. This has sown an important…

Pros
  • It allows you to discover and save locations and routes from anywhere in the world
  • Create a digital library of locations based on the blockchain
  • Does not require the use of satellites
  • Valuable tool for airlines
  • Mechanism that cannot be manipulated by third parties
Cons
  • Fluctuating value of the currency

Revainrating 3 out of 5

FOAM (FOAM) is based on a project of digital maps.

FOAM (FOAM) is based on a project of digital maps that work collectively and offer decentralized location, developed a satellite-free positioning technology that provides the user location through open network and terrestrial radios close to your current location their idea is to work on the basis of collaboration of both individuals and companies, this type of location is an alternative to the current location offered by GPS technology, its data integration is based on Blockchain Ethereum…

Pros
  • Your currency can be purchased in the following markets: (FOAM/BTC) - (FOAM/ETH) - (FOAM/WETH) - (FOAM/REQ) - (FOA/USD) - (WETH/FOAM) all purchases have a high level of confidentiality.
  • It has a very complete technical support, user guides all that is required for learning, of the platform.
  • It has good navigation and design tools to interact with the positioning web application.
Cons
  • Its level of detail and pressure is not 100% real, it varies a lot with respect to the point you are looking for, there are more precious alternatives within the market and for free as is the giant of Google.

Revainrating 3 out of 5

Decentralized location data platform without satellite

Given the existential problems in location data and GPS location hacking, FOAM promotes the initiative to provide location data tools without satellite, this works as a decentralized network that in conjunction with the Ethereum network distributes the location data service either for an application or a user. The elements that make up FOAM, the protocols are designed to provide spaces, protocols, standards and applications that bring geospatial data to blockchains and empower a map based on…

Pros
  • Open protocol for geospatial data markets.
  • Has an open supply chain network for any user
  • Sets physical addresses to have a corresponding smart contract address that is accessible to decentralized applications.
  • The FOAM CSC can act as a reference point for spatial events that work for any type of transaction in Ethereum or other Virtual Ethereum.
  • Compatible for IoT device networks
Cons
  • It will be difficult for the community to accept this project as a method of location data markets, given the great dominance of Google Maps.