Expert Coin

FOAM Network – Blockchain-based Geopositioning System


Meet FOAM – first blockchain-based geopositioning system. According the founders’ opinion, it can solve some of the current systems’ issues like jamming, cyberattack vulnerability etc. But FOAM will be based on marks made by ecosystem participants (virtual marks – tokens, real marks – radio systems). So, it will cover only interesting for many people areas or areas with people high density. Additionally, there are lacks of business-plan, marketing details, roadmap, an incomplete team. So, according the opinion of (first ICO rating with honest analytics), this project has some scam signs.