About FIO Protocol
FIO HANDLE: Your web3 identity! Secure, customizable, censorship-resistant, and human-readable handle. Replace all of your public wallet addresses with a single, secure, customizable handle. Make any transaction, on any chain, as easy as sending an email. It’s also an NFT!
FIO (Foundation for Interwallet Operability) is a protocol designed to improve the user experience across different blockchain platforms. It aims to eliminate the complexities of interacting with multiple cryptocurrencies by providing a decentralized service layer that enhances usability and interoperability between wallets, exchanges, and payment processors. FIO addresses key pain points such as human-readable addresses, secure request payments, and cross-chain transactions.
The mission of FIO is to create a seamless, user-friendly environment for blockchain transactions, making digital assets more accessible to everyone. By standardizing and simplifying the way transactions are conducted, FIO strives to foster broader adoption of blockchain technology.
FIO Protocol Magic Store Validation Score
See Results ››Validation Score
4.3Validation Date: -
- diarareza1982Yes
- buiscanerfo1978Yes
- ChrisYes
- KristineNo
- JenniferNo
- JoshuaYes
- MoneyTalksYes
- MarleenYes
- Old MonkYes
- bzjaiziwsbNo
- leaftimeYes
- AnastasiiaYes
- UglycelebYes
- oqabtalaeeYes
- BambulaYes
- kostaYes
- WalleheloNo
- DynamoKYes
- AliyaSemYes
- Bayaraa21Yes
FIO Protocol Review Score by Real Users
- 16
- 12
- 1
- 0
- 0
FIO Token Price Chart (Real Time)
Token Statistics
- Market Cap$24,782,112.00
- Volume$9,075,807.00
- Circulating Supply723,791,561.057
- Max Supply-
- FDMC$34,239,293
About FIO Protocol Token
The FIO Token is an integral part of the FIO Protocol, serving multiple roles within the ecosystem. It is primarily used to pay for services on the FIO network, such as registering FIO Addresses and FIO Domains. These addresses and domains are essential for creating human-readable identifiers that simplify blockchain transactions.
In addition to its utility in facilitating user-friendly transactions, the FIO Token is also used for staking and governance. Token holders can participate in the decision-making process by voting on proposals that influence the future development and direction of the protocol. This decentralized governance model ensures that the community has a voice in how the protocol evolves.
The FIO Token is available for trading on various cryptocurrency exchanges, allowing users to acquire the token for use within the FIO ecosystem. Its value is tied to the demand for FIO services, making it a crucial component of the network's economic model.
Furthermore, the FIO Token incentivizes network participants, including validators and integrators, who help maintain and expand the ecosystem. Validators earn tokens for securing the network, while integrators receive rewards for implementing FIO services in their platforms, promoting broader adoption and use of the protocol.
FIO Protocol Magic Store Trust Score
- Audit Score
- 1No. Of. Audits
- HighScore
- Security Validators Score
- 28.11.2023Validation Date
FIO Protocol User Trust Reviews
FIO Protocol FAQ
FIO uses human-readable addresses, replacing complex wallet addresses with easy-to-read FIO Addresses. This makes sending and receiving cryptocurrency as simple as using an email address.
Yes, with FIO Requests, you can send payment requests directly from your wallet, ensuring the transaction details are correct and reducing errors.
FIO Data allows you to attach metadata to your transactions, providing context and additional information. This is especially useful for businesses needing detailed transaction records for auditing.
FIO enhances security by using decentralized, human-readable addresses and secure payment requests, minimizing the risk of sending funds to incorrect addresses.
Future developments for FIO include expanding integrations with more wallets and exchanges, and introducing advanced features to enhance user experience and protocol functionality.
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