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The Elements of FOAM ExplainedIts dynamic proof of location protocol works similarly to GPS. But it has the added benefit of being decentralized and based on a crypto-economy. FOAM protocol is currently under development by a decentralized team of blockchain developers, designers, architects and urban planners. They are based out. The FOAM token grants the right to offer location services and safety deposits ensure service providers can be trusted. A fault-tolerant system. Location.