Starting today, all Trust Wallet users will be able to reserve a unique FIO Address on the :trust domain. FIO domains will be freely tradeable/sellable as a non-fungible token (NFT) soon after mainnet launch.
What is a FIO Address?
FIO Addresses are the universal identifier to the FIO Protocol - a usability standard being built by the Foundation for Interwallet Operability and supported by 25+ blockchain wallets, exchanges, and crypto payment processors. Trust is one of them.
FIO Addresses are formatted like username:domain, and they serve two purposes:
- Enable access to all FIO Protocol features, present and future.
- Replace the need for cryptic blockchain public addresses in your wallet. So instead of trying to remember something like 0x7d8bf18C7cE84b3E175b339c4Ca93aEd1dD166F1 you would just need to remember this “satoshi:trust” and it would work for all coins supported with Trust Wallet.
FIO enables more features with its mainnet launch:
- FIO Requests - Users can “request” payments regardless of token/coin type or amount.
- FIO Data - standardized metadata to store the purpose of a transaction, such as a note, order cart, or invoice (like a memo field)
Why Should You Get Involved Now?
The presale is a one-time, pre-mainnet event to give our users the opportunity to obtain a personally meaningful :trust FIO Address. Reserving a FIO Address has an annual fee associated with it, but during the Pre-Sale they will be discounted to 2 USDC, which covers the entire first year of post-mainnet use.
How do I get Started?
Inside Trust Wallet tap on the “+” icon and search for FIO. As soon as you add it to your wallet you will be greeted with a message to reserve your FIO Address on Trust Wallet. This will take you the FIO Pre-Sale page where you will be able to deposit funds to begin reserving FIO Addresses.