Foil Network | Journal

2022-05-05 03:11:59 ​ What algorithm does Foil Network use?

FOIL Network is a PoS/LPoS/DPoS blockchain built on Java. It is a scalable, interoperable and multifunctional blockchain network protocol, which serves as a platform for creating unique decentralized economies within a multi-tier distributed, autonomous, and circular ecosystem. FOIL as a Blockchain-as-a-Service technology, is designed to improve the integration of blockchain for real world applications.

We made a choice in favor of PoS because of the technology, environmental friendliness and safety of this algorithm. Working on it, the Foil Network will be simultaneously protected from 51%+ attacks and will not affect the environment. Our blockchain also provides sufficient infrastructure for the development of DeFi, GameFi and other applications.

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2022-05-04 02:06:14 ​ Why do we need a Digital ID?

Today we want to tell you more about why Digital ID is needed in the Foil Network blockchain. It so happened that the crypto community doesn’t always understand the meaning of the appearance of KYC in projects. We believe that this moment should be explained as well as possible.

Link - foilteam.medium.com/cc6ff4a0d8ef

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2022-05-02 18:31:32 ​ What is Digital ID?

Digital ID is our technology that makes it possible to verify users directly in the blockchain. Those who wish to pass it'll have the opportunity to choose between a public confirmation of identity and a closed one. In the case of passing the first, your real name will be open to all users, and in the second - you'll be under a pseudonym. At the same time, everyone will have the opportunity to create accounts with both types of Digital ID.

Digital ID isn't necessary for every Foil Network user. Only those who want to create their own NFTs, conduct IDO and show other business activity will have to pass it. You can buy tokens, hold and transfer them without passing a Digital ID.

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2022-04-30 22:15:56 ​ Let's discuss the use cases of Pure NFT beyond art!

Unfortunately, after years of increasing hype on NFT, everyone has forgotten their true purpose. We are implementing the Pure NFT concept, which should make NFT a really applicable technology, and not just a tool for speculation. Make NFT Pure again!

Today we would like to think about how we could apply NFT beyond the sphere of art. In the end, besides the creators, there are other people whom NFT technology could help a lot. Since Pure NFTs really protect the rights of their owners, we could tokenize literally all non-interchangeable things. For example, real estate. Tokenization of the right to your house or apartment will give you confidence that you are protected from fraud. You always see who has the ownership rights. Moreover, such an approach will make the real estate market extremely transparent and completely remove scammers from it. Similarly, Pure NFT can be used in any industry that humanity will need!

And what use cases of Pure NFT do you see? Let's think about this together! Leave comments

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2022-04-30 04:16:48 ​ Chat and get FOIL tokens!

Friends, in order to support our community, we decided to launch a reward for the most active participants of our chats. They will be determined weekly and will be rewarded for their activity. Spammers and unscrupulous participants will not receive prizes.

The total prize pool will be $100 per week. The TOP 3 users will receive 125, 75 and 50 tokens, respectively.

The winners will be selected every week. The start is May 2, that is, the next Monday.

Link to our chat — t.me/Foil_Network

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2022-04-28 01:53:19 ​ Foil Network x Artisant Partnership Announcement

ARTISANT - is a digital fashion NFT platform. They unite artists, digital fashion designers, traditional brands, and tech to provide an opportunity not only to purchase wearable art as NFT but instantly use it. Designers and artists can mint their artworks here and collectors can buy, sell, resell and collect crypto fashion on the platform! They support and promote #digitalfashion, #WEB3, #creativity and new mindset of interaction with clothing - based on tech, blockchain and more accesible opportunities for all. They support designers and all creators so that they can get due credit for their artwork. And they want to build a decentralized network of digital fashion art - for designers, brands, artists and collectors.

This partnership will give us the opportunity to develop the Pure NFT concept and attract new artists to cooperate. As you can see, we're actively developing our main product - the Foil Network blockchain.

Artisant Website|Discord|Instagram|Twitter|YouTube|Medium

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2022-03-01 12:11:43 ​Friends, we're ready to sum up the results of our Airdrop!

Congratulations to our lucky winners who each receive 30 FOIL tokens. The list of winners is here Open / Comment

2022-02-25 18:33:16 ​Friends, you’re still having a chance to leave an application for the Ambassador Programme. The form will be closed shortly.

We’re grateful to each and every one of you, thank you for leaving your answers! We’re glad that you’re interested in developing FOIL NETWORK! Open / Comment

2022-02-21 18:39:02 ​AIRDROP FOIL NETWORK!
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Hey, friends!
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We have some great news for you!
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As you know, a DogePlanets game with its own unique universe is coming to our network soon, and that's the occasion we're doing a giveaway of 3 unique NFTs for our users!
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Join the draw to win one of 3 DogePlanets NFTs
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We wish each and every one of you luck! Thank you for being with us!
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Follow the link: the tasks are extremely easy, and the chances of participating are great! Open / Comment

2022-02-20 20:46:57 ​Introducing a piece inspired by a book!

This is Alexei Efremov's art of the final scene from Cormac McCarthy's novel Blood Meridian. It depicts Judge Holden, one of the main characters in the book. Bounty hunter, murderer, artist, musician, thinker (clearly more than human)

This picture represents the violence and chaos found not only in the human soul, but in the very nature of being. And this primal force is neither good nor bad, it is just what it is Open / Comment