Project:FIO Protocol

TOKEN:FIO

 

Introduction:

The FIO Protocol will do for blockchain what HTTP did for the Internet – make it easy to use. It is a delegated proof of stake blockchain that serves as a usability protocol that sits as a standard between wallets, exchanges, crypto payment processors and any other crypto user application handling workflow, data and confirmations about transactions on other blockchains. Specifically, today, the FIO Protocol enables:

FIO Addresses: Cross chain human readable wallet addresses that eliminate the need for user to ever see a complex public address let alone have to interact with them.

FIO Request: Decentralized requests for payments such as invoices, order carts or just a note to your roommate for their share of rent that work identically across every other blockchain.

FIO Data: Cross chain homogeneous metadata such as those order carts, invoices and notes that work the same for any token/coin.

 

In the future, the protocol could support capabilities like recurring payments, fee splitting, secure routing of multi signature requests and even potentially compliance with certain regulations like the Travel Rule.

 

Total Amount: 1,000,000,000

Initial Circulating Supply at Mainnet Launch of March 26, 2020: 41,605,961

Current Circulating (as of date of listing, July 9, 2020): 89,653,129

Offering Price: (Seed Round) $0.0463

Website: https://fioprotocol.io/

Whitepaper: https://kb.fioprotocol.io/

Blockchain Explorer: https://fio.bloks.io/

Telegram: https://t.me/joinFIO

 

 

Token Distribution

 

Tokens Minted at Mainnet

 

Purpose

Number of Tokens

Share of

Total Supply

Restricted

Voting

Subject to

Lockup Period

The Foundation for Interwallet Operability

38,805,961

3.88%

Yes

No

Foundation Locked Token for Private Sales

50,000,000

5.00%

Yes

Yes

Initial Listing of Token Promotions

2,800,000

0.28%

No

No

FIO Address Giveaways

125,000,000

12.50%

Yes

Yes

Foundation Service Providers

3,200,000

0.32%

Yes

Yes

Dapix Employees

175,307,414

17.53%

Yes

Yes

Dapix Investors

164,154,862

16.42%

Yes

Yes

Dapix Advisors

10,537,724

1.05%

Yes

Yes

FIO Members

113,940,385

11.39%

No

Yes

Total

683,746,346

68.37%

Tokens Minted Over Time

Purpose

Number of Tokens

Share of

Total Supply

Restricted

Voting

Subject to

Lockup Period

Foundation Reserves

181,253,654

18.13%

Yes

No

New User Bounties

125,000,000

12.5%

No

No

Block Producer Reserves

10,000,000

1.00%

No

No

Total

316,253,654

31.63%