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About FIO Protocol
- FIO Protocol is a decentralized, open-source usability solution that enables easier cryptocurrency transactions on all blockchains.
- FIO Protocol’s mission is to make cryptocurrency easy to use across every type of token and coin.
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FIO integrates into any type of decentralized application and has a growing partner ecosystem of more than
75
wallets, exchanges, marketplaces, payment processors, and gaming platforms. -
FIO Protocol highlights include:
- FIO ($FIO) is the native utility token used for transaction fees and governance on FIO Protocol’s native DPoS blockchain, FIO Chain.
- Wrapped FIO ($WFIO) is a tokenized version of the native FIO token that runs
Introducing the FIO Protocol: Revolutionizing Cryptocurrency User Experience
FIO Protocol (FIO) is a decentralized, open-source usability solution that empowers seamless cryptocurrency transactions across all blockchains by substituting complex wallet addresses with a single, customizable, and human-readable Crypto Handle in the format of username@domain. FIO Crypto Handles facilitate effortless sending, receiving, requesting, and signing of any type of cryptocurrency transaction, mirroring the simplicity of sending an email.
FIO Protocol is dedicated to rendering cryptocurrency transactions seamless and effortless, regardless of the token or coin in use, by eliminating the risk of human error inherent in handling lengthy wallet addresses across diverse blockchains and network types. By seamlessly integrating into any decentralized application, FIO has established a thriving partner ecosystem comprising over 75 prominent wallets, exchanges, marketplaces, payment processors, and gaming platforms, including its proprietary FIO Dashboard application.
Notable features of the FIO Protocol include:
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The native utility token, FIO ($FIO), serves as the primary medium of exchange for transaction fees and governance on the FIO Protocol’s native DPoS blockchain, FIO Chain.
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Wrapped FIO ($WFIO) is a tokenized iteration of the native FIO token, operating on the Ethereum blockchain. With a 1:1 ratio to $FIO, $WFIO enables seamless liquidity transfer between the FIO and ETH networks in a decentralized and autonomous manner. Compliant with ERC-20 standards, $WFIO is fully integratable into the Ethereum ecosystem.
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FIO Crypto Handles are human-readable wallet names (username@domain) that can be mapped to multiple public wallet addresses, allowing users to replace cumbersome public addresses when sending, receiving, requesting, or signing various cryptocurrencies. These handles are nested NFTs secured by private keys on FIO Chain, with ownership and mapping abilities controlled by the private key holder. Notably, they incur no renewal fees and come bundled with an initial allocation of 100 transactions.
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FIO Domains enable users to fully customize their FIO Crypto Handle with a unique @domain ending (username@coinmarketcap). These domains are NFTs secured by private keys on FIO Chain and can be wrapped on Polygon as ERC-721 tokens, facilitating trading on prominent NFT marketplaces like OpenSea and Rarible.
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FIO Requests empower users to initiate cryptocurrency payment requests using FIO Crypto Handles, akin to PayPal and Venmo requests. When users initiate a FIO Request as payee, the request is stored on-chain with metadata (e.g., currency type, amount) encrypted using Diffie-Hellman key exchange, ensuring that only the payer – upon notification of a pending payment request – can access full request details. Payers can then approve or reject the FIO Request.
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FIO Data constitutes transaction metadata that supports decentralized commerce by enabling the secure storage of transaction data on-chain. This metadata is encrypted using Diffie-Hellman key exchange and can be utilized to add supplementary information to transactions in the form of a memo, blockchain metadata, or structured transaction details (e.g., order ID, invoice number).
FIO ($FIO) serves as the native utility token, facilitating transaction fees and governance on FIO Protocol’s proprietary DPoS blockchain, FIO Chain, thereby empowering a seamless and decentralized ecosystem.
Wrapped FIO ($WFIO) represents a tokenized iteration of the native FIO token, seamlessly operating on the Ethereum blockchain. With a 1:1 parity to $FIO, $WFIO enables users to effortlessly transfer liquidity between the FIO and ETH networks in a decentralized and autonomous fashion. Furthermore, $WFIO adheres to ERC-20 standards, ensuring seamless integration within the Ethereum ecosystem.
FIO Crypto Handles are intuitive, human-readable wallet names (username@domain) that can be seamlessly mapped to multiple public wallet addresses, effectively replacing the need to use cumbersome public addresses when sending, receiving, requesting, or signing various types of cryptocurrencies. These innovative handles are nested NFTs, securely anchored to private keys on the FIO Chain, with ownership and mapping capabilities firmly controlled by the private key holder. Notably, they incur no renewal fees and come bundled with an initial allocation of 100 transactions.
FIO Domains empower users to personalize their FIO Crypto Handle with a distinctive @domain suffix (e.g., username@coinmarketcap). These domains are represented as NFTs, secured by private keys on the FIO Chain, and can be seamlessly wrapped as ERC-721 tokens on Polygon, enabling seamless trading on prominent NFT marketplaces such as OpenSea and Rarible.
FIO Requests empower users to initiate cryptocurrency payment requests via FIO Crypto Handles, analogous to PayPal and Venmo requests. When users initiate a FIO Request as payees, the request is stored on-chain with metadata (e.g., currency type, amount) encrypted using the Diffie-Hellman key exchange, ensuring that only the payer, upon notification of a pending payment request, can access the full request details. Subsequently, payers can either approve or reject the FIO Request.
FIO Data constitutes transaction metadata that empowers decentralized commerce by facilitating the secure storage of transactional information on-chain. This metadata, encrypted via the Diffie-Hellman key exchange protocol, enables the addition of supplementary information to transactions, manifesting as memos, blockchain metadata, or structured transaction details, such as order IDs and invoice numbers.