What is the FIO protocol (FIO)?
FIO protocol (FIO) is a decentralized blockchain protocol designed to facilitate the sending and acquiring of coins and tokens.
Highlights of the FIO protocol?
- Meaningful for customers– Allows customers to initiate transactions working with conceivable identifiers this kind of as “tom @ trustwallet” or “jack @ ethereum”.
- decentralized: powered by a public blockchain that does not call for a centralized third-celebration remedy.
- Safety: all transactions of the FIO protocol call for a personal FIO crucial, managed by the consumer himself.
- Private: delicate details this kind of as public addresses and metadata can be encrypted on the blockchain.
- interoperable: Once integrated into the wallet, the FIO protocol performs with any blockchain and cryptocurrency with no any integration with these chains.
- Ready for e-commerce: Allows you to request the payment performance along with the privacy metadata for every single transaction.
Products of the FIO protocol
FIO deal with (FIO wallet deal with)
The FIO deal with acts as an identity wallet for customers on the FIO protocol. The FIO deal with is structured as username @ domain.
Registration of the FIO deal with can be finished immediately by means of an application that has integrated the FIO protocol or by means of a hosted registration internet site open to the local community.
The FIO deal with and all subsequent interactions with the FIO protocol are managed by the FIO personal crucial owned by the consumer.
FIO Address has a predefined yearly charge paid in FIO tokens and a restrict of a hundred absolutely free transactions is granted. If a consumer has exhausted their absolutely free trading restrict just before the following 12 months, they can select to renew their yearly subscription early with yet another FIO token payment or shell out for person transactions in the potential. If the renewal charge for the FIO deal with is not paid by the expiration date, the wallet deal with will be temporarily disabled.
Request FIO
The FIO request lets the consumer to initiate a transaction the place the payee requests income from the payer working with the FIO deal with. This request is stored on the chain and all delicate metadata this kind of as currency, quantity, payee public deal with, FIO information, and so forth. are encrypted working with Diffie-Hellman crucial exchange.
FIO information
FIO information is the metadata that can accompany any blockchain transaction. This metadata can assortment from a uncomplicated reminder (this kind of as “for lunch”) to structured information this kind of as purchasing carts, exchange retail outlet particulars or hashes that refer to off-chain information. FIO information can be utilised to help decentralized commerce, the place widespread transaction details this kind of as invoices, dates and speak to details can be stored on the chain for potential management. The FIO information may possibly also consist of metadata associated to the unique blockchain transaction, this kind of as the transaction ID, refund deal with, and hash of the off-chain information.
Basic details about the FIO token
- Token title: FIO protocol
- Ticker: FIO
- Blockchain: FIO chain
- Token sort: Utility, Governance
- Total present: one,000,000,000 FIO
- Circulating provide: 351.850.995 FIO
Token allocation
- Equity Investors: sixteen.42%
- Private sale: one.41%
- Team and advisor: 18.58%
- Foundations and platform services companies: 22.33%
- Bonus and airdrop: twelve.68%
- Built-in rewards and rewards for block makers: twelve.39%
- Token reserve for potential product sales: three.59%
- Free FIO deal with: twelve.six%
FIO Protocol Token Release Program
What is the FIO token for?
- Register a wallet deal with and domain.
- Payment of transaction charges.
- Administration.
FIO token storage wallet
You can retail outlet FIO tokens on the following wallets: exchange wallet, Edge, Trustee Wallet.
How to earn and very own FIO tokens
Buy immediately on the stock exchange.
Where to invest in and promote FIO tokens?
Currently, FIO is traded on several various exchanges with a complete day by day trading volume of roughly $ 14.four million. Exchanges listing this token consist of: Binance, Gate.io, Hotbit, Ascendex, Bithumb Global, Bitmart, Whitebit, Liquid.
What is the potential of the FIO Protocol venture, ought to I invest in the FIO token?
FIO protocol is a public blockchain with a wonderful solution as an identity wallet deal with, designed ideal for e-commerce company. Through this write-up, you will have to have by some means grasped the essential details about the venture to make your investment choices. Coinlive is not accountable for any of your investment choices. I want you accomplishment and earn a great deal from this possible marketplace.
