FLO is a proof-of-work cryptocurrency coin developed to record data (metadata/floData) on a decentralized, permission-less blockchain.
FLO is approaching its seventh year of growth and development. It launched in 2013 as a fork of Litecoin's. It was established to be decentralized, secure, fast and efficient. Its structure resembles Bitcoin as a UTXO model PoW coin. FLO was created with no pre-mine, no ICO, no master-nodes, no airdrops, and no dev-fund. FLO was launched fairly to all participating miners and continues to maintain this core ethos of true decentralization. As a result, its community has driven its development since its inception and continues to do so to this day.
FLO features a unique metadata layer, floData, that allows efficient storage of information, and can be used to read and write data on the FLO blockchain. With floData, users can easily attach up to 1040 bytes to any transaction and store it permanently and immutably on the FLO blockchain. FLO, when combined with its supporting metadata library, the Open Index Protocol (“OIP”), offers a new standard for defining, indexing, publishing, time-stamping, updating, sharing, viewing, claiming, and monetizing ownership of any digital content using the FLO blockchain as a public record. A robust development community is actively using floData to create and record immutable links to the real world today.
FLO is used by a growing number of large corporations, public institutions, and blockchain startups. With each day, more and more developers are using floData to immutably record public land records, stock market data from Wall Street, electron microscopy data from scientists, and other content from a variety of digital publishers. These real-world uses cases will continue to expand as creative developers continue to utilize floData in increasingly imaginative ways.
American Trade Exchange, Inc.
340 N Broadway
Green Bay, WI 54303
American Trade Exchange, Inc. doing business as Vertbase operates in full compliance with both federal and state laws and regulations. Vertbase adopts Anti-Money Laundering (AML) and Know Your Customer (KYC) policies to prevent and mitigate possible risk and violations. Currently Vertbase does not provide sales of virtual currency to residents from the following states: AK, CT, HI, IA, ME, NC, NH, NM, NY, RI, VT and WA State. We are in the process of reviewing and acquiring money transmitter license and bit-license requirements in those states and hope to be able to serve you in the near future.