Foil Network | Journal

2021-07-03 23:52:43 Dual Tokenomics brings $FOIL utility token into a weighted value with big growth potential, because of the special $MVolt token.

$MVolt is a stablecoin and gas token, created as energy fuel of the FOIL ecosystem. Integrated popular cryptos bring in the liquidity, while #DOGE coin plays the key role in the process of crosschain platform activities and defi services within the FOIL BaaS ecosystem. Using #DOGE brings you almost the same set of rights as holding $FOIL, the native utility token and primary crypto asset on FOIL Network.

Find out more about Foil Networks Dual Tokenomics Structure and why it’s important to keep the gas fees low when it comes to NFT minting and on-chain storage. Open / Comment

2021-07-02 19:28:55 Probably many of you have already noticed, that Twitter CEO Jack Dorsey is super interested in cryptocurrency and blockchain technologies.
This time Twitter have made a radical move, by simply giving away 140 original NFTs for free!

Twitter shouted out seven tweets yesterday showing off the unique pieces of digital art and 20 copies of each NFT are going for no cost.

The company also noted that the platform has seen more than 29 million tweets about NFTs since the beginning of the year.

Hot topic, eh?
Follow our TWITTER to get updates about Pure NFT and Elastic FOIL Blockchain Open / Comment

2021-06-28 14:01:28 How not to lose the money saved over the years?

StakeHound, the staking firm, is suing the custody storage service Fireblocks. The company is accused of losing private keys from wallets, which contained 38,178 ETH, $75 in fiat currency!

Can you guess which storage method is safer? That's right - non-custodial or decentralized. Our blockchain will handle this task better than anyone.

Because FOIL Network:
1. Is a cross platform
2. Easily integrates with any service, as it is written in Java
3. Can automatically collect data and send it to a distributed ledger
4. Is able to encrypt everything that is loaded into it (documents, letters, files, etc.)

Working without intermediaries is more convenient and reliable, with us only the information owners will have access to the data Open / Comment

2021-06-25 15:00:52 The FOIL protocol

In terms of building the next generation of blockchain, the development of the protocol was launched in 2014 as Erachain platform, and was a real breakthrough in the blockchain field, providing a protocol for operations within the legal framework.

After years of development and testing the functionality and optimizing the rapid block processing, we were ready for the FOIL Genesis Block Open / Comment

2021-06-25 12:38:11 FOIL Network Tokenomics

The FOIL Network is based on two accounting units - FOIL and MVolt

This model allows users to participate in the ecosystem without diminishing their stake in the network. It separates management rights from network usage fees.

$MVolt is a stablecoin, used as a gas token for the FOIL Network

The fiat value of $MVolt is a solid value of a certain amount of storage or transactions within the FOIL Network, while the $FOIL token is reevaluated and paired against #Ethereum, #Binance Coin and #Bitcoin.

The $FOIL token is created in order to maintain the liquidity behind the FOIL ecosystem Open / Comment

2021-06-25 00:23:49 Foil Network going towards a whole new rapid and reliable blockchain-as-a-service.

In June, $FOIL released the first pure NFTs and started

an #NFT art contest, and soon will hold the first offline private #NFT auction in the world made on Decentralised Marketplaces.

FOIL blockchain will introduce a fully functional mobile app wallet.

Continue the Blockchain Interactions airdrop and hold a private seed round over #Ethereum.

The development of Foil Network continues and we have a lot of upcoming events: Blockchain Interactions airdrop, private seed round on #Ethereum, #NFT art contest and the launch of the mobile wallet app.

Read more about our updated Roadmap Open / Comment

2021-06-24 20:01:28 The FOIL Network Mobile App is on its way!

Soon you will be able to access your wallet, exchange, messages, assets and tokens right on your smartphone

The application’s design is simple and intuitive, easy to use even for beginners Open / Comment

2021-06-24 14:05:16 Our website will be rebranded soon.This is how the FOIL Network home page will look very soon.

We changed the basic style, color scheme, and fonts, leaving the DOGE on the Moon.

The icons for Medium, Telegram, and Twitter, which allow you to switch between platforms in one click, have been added to the menu. Open / Comment

2021-06-23 11:41:30 The Rarible Marketplace crashed tonight. At that time, their NFTs were gone.
NFTs could not be bought or sold before the service was restored, either through a node, or through the Ethereum networks, or the Metamask or Trust Wallet.
If the Web Marketplace of the FOIL Network blockchain went down, you could simply go to the wallet and sell or buy NFTs right there.

Read more Open / Comment

2021-06-14 21:16:25 FOIL are glad to announce the first NFT art collaboration, Pangea drop with NFT256!

NFT 256 International NFT art group consisting of 256 talented artists will create their authentic collaborative artwork as the 3rd piece of the portrait series, created and minted as #purenft

Who’s portrait is it going to be? (Elon Musk is not the answer)

Read more about the Pangea Pure NFT drop:

https://foil.network/blog/foil-team-up-with-nft256-in-pangea-pure-nft-drop/ Open / Comment