Fantom (FTM) News, Price Predictions, Opinions and Analyses Created by Users

Fantom (FTM)

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Fantom (FTM) is a cryptocurrency made by Ahn Byung Ik in 2018. It is a Directed Acyclic Graph (DAG) based Smart Contract platform that aims to build the next IT infrastructure backbone for Smart Cities. The Fantom DAG platform is based on the Lachesis Protocol but is further optimized by introducing a permissionless network – the Fantom OPERA Chain – for dynamic participation.

Differing from blockchain, Fantom is a DAG-based distributed ledger technology stack that aims to solve the scalability issues of today’s distributed ledgers. The project is incorporating new methods of scalability combined with a high-performance virtual machine to safely and securely execute smart contracts. 

Fantom’s tagline is “The Nervous System for Smart Cities”. With this in mind, Fantom aims to innovate and provide IT infrastructure in the following sectors: public utilities, smart living, healthcare, education, traffic management, resource management, and environmental sustainability. The Fantom DAG platform intends on innovating these sectors by creating an interoperable ecosystem which allows real-time transactions and data sharing with low cost. Additionally, Fantom intends making all transaction bodies around the world compatible between each other by using fast DAG technology that can be deployed at scale in the real world.

The Fantom (FTM) token has a maximum supply of 3,175,000,000 FTM, a total supply of 1,987,133,655 FTM, and a circulating supply of 1,813,658,595 FTM. The Fantom platform has adopted an inflationary model to expand the ecosystem with an initial 5% annual inflation rate. The rate is said to decrease as more users join the network and 20% of total inflation is intended to be used for rewards and incentives for Fantom platform users. As for the token distribution, 40% of tokens were sold in the ICO, 30% are reserved for market development, 15% were distributed to advisors and contributors, and 15% is held by the Fantom team and founders.

The Invisible Rise of Fantom (FTM): Haunting the Crypto-sceptics

11 Jun 2021 3 minute read 6 comments Cryptocomrade

Among the general population, the cryptocurrencies have a tainted reputation as being useless and producing little good to society. There's some merit to these claims, as without ubiquitous usage and adoption how can a currency be, well, a currency?...

My Whole Fantom Portfolio - And Where I Am GROWING IT!

7 Jun 2021 2 minute read 0 comments n1ce

In this blog I want to go over my Portfolio on Fantom Opera. I love to read blogs which summarize for example monthly crypto earnings, so I wanted to give this a try. My idea is to show which percentage I have on which platform and add some descripti...

How I Farm $FTM On Fantom Opera During This Market Downturn

31 May 2021 3 minute read 0 comments n1ce

In this article I want to describe my strategy on getting some returns on my $FTM tokens on the Fantom Opera Blockchain (of blockchains). If you are new to Fantom, feel free to check out my article on the network here. How To Get A Return On Your FT...

What Is Fantom Opera And How Does It Solve The Blockchain Trilemma? A Quick Introduction.

30 May 2021 2 minute read 5 comments n1ce

Short Bio of Fantom Opera Network of blockchains that provides services to Applications and Businesses Compatible with Metamask Wallet Transaction cost: fractions of a cent Super fast transaction speeds (>1s and will get faster if the network usage...

Is Fantom The New Crypto Trend - Where To Find DAPPs, New Coins, IDO On Fantom Opera?

29 May 2021 2 minute read 0 comments surpassinggoogle

Is Fantom The New Crypto Trend - Where To Find DAPPs, New Coins, IDO On Fantom Opera? #fantom #defi #cryptocurrency Fantom opera is another blockchain that has begun to gain popularity. It is known for better throughput than ethereum and is evm comp...

How to get your money out of a liquidity pool even without the farming website (Or the story of my very first rug pull - on Fantom Opera)

27 May 2021 4 minute read 0 comments n1ce

So I was just rug pulled by a yield farming project on the Fantom Opera Chain. “Rug pull”? That’s crypto slang for: a project team ran away with the money of their project.  When I entered the DeFi space, I kept hearing that term. As most developers...

Fantom - Quick DeFi researche

24 May 2021 2 minute read 0 comments Driblinho

After BSC and HECO I start locking some more decentralized ecosystems to explore. In this post, I present my quick researches about this chain.   What is Fantom?   Fantom is a fast, high-throughput open-source smart contract platform for digital asse...

Fantom: The DeFi Unicorn?

7 May 2021 2 minute read 11 comments Dzoelx

I just provided liquidity for FTM/FUSDT pair on SushiSwap, if you are wondering how much fee I paid for this transaction; it’s NOTHING! Alright, I’ll have to be frank; I paid a fee of 0.00016FTM ($0.000112) to provide liquidity on sushiswap using Fa...

3 Altcoins To Keep Tabs On — FTM, PDEX, KCS | KuCoin Weekly Review Issue #19

4 May 2021 3 minute read 1 comment KuCoin Blog

This week, ETH took the spotlight with its explosive growth from the low $2,000 range up to a high of $3,060. Is $4,000 next? BTC started the week at around $48,775, quite a departure from the previous weeks. However, it was able to redeem itself by...

The Five Biggest Altcoin Gainers – April 26th to May 3rd

3 May 2021 1 minute read 0 comments pheonixdown-dee

Please note, that these are projects in the top 100 marketcaps, there are others who have smaller marketcaps that also grew in value. During the week of April 26th to May 3rd, these were the biggest altcoin gainers:   BakeryToken (BAKE) – 448% OKB (...