FOAM

by FOAM Inc.

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GINcoin

by Gin Platform

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Nxt

by Ardor Nxt Group

3.5/5

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FOAM

by FOAM Inc.

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GINcoin

by Gin Platform

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Nxt

by Ardor Nxt Group

3.5/5

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What problem does this service solve?

FOAM aims to to bring location data to blockchains and enable consensus driven mapping.Gin's goal is to allow users to set up masternodes more easily.Nxt provides users a modular toolset for DApp development.

Token Stats

Company Description

FOAM is developing a blockchain-based location service protocol for embedding physical locations in Ethereum smart contracts. The FOAM network will use radio beacons and will provide incentives for decentralized location services that will be given by network participants. Users will stake tokens to become zone anchors, that will work with radio beacons to return location data to the network. FOAM's Proof of Location protocol will be used to confirm consensus on the location of objects and entities in space and time.

GINcoin is designed to be a masternode-facilitating blockchain and coin. It lowers the technical requirements to set up a masternode on any blockchain. GIN can also be used as a DApp development platform. GINcoin uses a Delayed Proof of Work consensus algorithm to verify transactions.

Nxt is a blockchain platform developed by Jelurida, which is also developing the Ardor blockchain. Nxt's goal is to improve upon existing blockchain platforms with a modular toolset that enables users to create their own digital assets that can be listed on decentralized marketplaces. Nxt also features community driven voting mechanisms and has an architecture that separates the blockchain into parent and child blockchains.
The network is powered by the NXT token and has a Proof-of-Stake (PoS) consensus mechanism.

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4/5 (1)