Fantom is rebranding to Sonic Labs

By LeftFooted | bitcoinea | 21 Aug 2024


Remember Fantom (FTM)? For about five minutes, FTM was available for payouts on Publish0x, and it is now rebranding to Sonic Labs.


According to Michael Kang, CEO of the Fantom Foundation, the move to Sonic Labs and Sonic Foundation is designed to address network issues, specifically those relating to the Fantom Opera Network.


With the new network, the Fantom Network, or I guess we should start calling it Sonic, will be able to process 180 million transactions daily, and 10,000 per second.


FTM holders will have the option to convert their FTM to Sonic at a 1:1 ratio.


Do you still hold FTM?

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LeftFooted
LeftFooted

I’m a left-footed duck that loves writing. I write about cars, watches, craft beer and, you’ve guessed it, crypto Also active on read.cash


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