What is FIO

1. Project Introduction
FIO Protocol is a Layer 1 protocol designed to provide a unified user experience for value transactions between blockchains and products. By using FIO addresses, users can replace traditional complex cryptocurrency addresses with easy-to-remember domain names, simplifying the sending and receiving of various cryptocurrencies. Additionally, the FIO Protocol offers a traceable and secure layer for transaction data, enhancing convenience and security. It supports multiple mainstream crypto networks without relying on a specific blockchain while ensuring user privacy and transaction safety.
Summary: FIO Protocol is an innovative digital asset management protocol that simplifies cryptocurrency addresses and provides convenient transaction management tools, significantly enhancing user experience and efficiency in crypto asset management.
2. Team & Investment Info
Team:
FIO Protocol is operated by a Decentralized Autonomous Consortium (DAC), with team members coming from leading companies in the crypto industry, such as Guarda Wallet, Coinomi Wallet, and Edge Wallet. Founder and CEO George Chu has an academic background from prestigious institutions like Harvard Business School. The team consists of over 20 full-time employees and more than 60 part-time members, many of whom are seasoned experts in the crypto field.
Funding:
On September 5, 2019, Dapix Inc, responsible for the early development of FIO Protocol, raised $5.7 million in Series A funding led by Binance Labs. Prior to that, in 2018, FIO secured $2.3 million in seed funding.
3. Social Media URLs
X: https://x.com/joinFIO
Telegram: https://t.me/joinFIO
Discord: https://discord.gg/pHBmJCc
Medium: https://medium.com/fio-blog
4. Token Info
Token Symbol: FIO
Total Supply: 1,000,000,000
Token Type: FIO
Issuance/Burn Mechanism: Fixed supply
Contract Address:
Token Distribution:
FIO Foundation: 3.88%
Foundation Locked Tokens: 5.00%
Initial Listing: 0.28%
FIO Handles Giveaway: 9.00%
Foundation Service Providers: 0.32%
IP Creators' Employees: 17.53%
IP Creators' Investors: 16.42%
IP Creators' Advisors: 1.05%
Initial Integrators of FIO Protocol Wallets: 7.54%
Unclaimed Initial Integrators' Wallets: 3.85%
5. Related Links
Official Website: https://fio.net/
White Paper: https://developers.fioprotocol.io/
Other Info: https://github.com/fioprotocol