Fantom (FTM)

298 Articles 4,230 Followers

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.


What is Statera?

16 Feb 2022 4 minute read 192 comments STATERA PROJECT

Statera (comprising the STA & wSTA tokens) is an Indexed Deflationary Ecosystem, powered by a smart contract. Every transaction using STA has a burn effect - 1% of the transaction is burnt, forever. If you send 100 tokens to a friend, they only recei...

Publish0x Launches Fantom Network Integration - Starting with Statera $STA Tipping

16 Feb 2022 4 minute read 132 comments Dan Bainbridge

Today I'm super excited to announce our foray into Fantom network. Our on-chain transactions on the Ethereum network have been crippling us for a long time. Fantom will allow us to give more of the value to our community and avoid huge gas fees, whil...

Wrapped BANANO (wBAN) is now Live on Fantom and SpookySwap!

5 Mar 2022 3 minute read 7 comments banano

What does this mean?You are now able to wrap BAN into wBAN, on the Fantom blockchain. You can find the bridge at https://fantom.banano.cc wBAN on Fantom SpookySwap DEX Partnership Since wBAN relies on an exchange (or DEX) in order to incen...

Statera and Ampleforth Performance Review

7 Mar 2022 1 minute read 1 comment Steve Hodl

I've recently added Statera and Ampleforth to my portfolio and have started to track their performance.  I thought I would share that with you today.  Statera Statera is a smart contract-powered IDT (Indexed Deflationary Token) based on the Fantom pl...

Another Look at FTM

26 Mar 2022 5 minute read 7 comments I-HODL

So guys, at the time of this article, Fantom (FTM) is trading at $1.38, after plummeting from a height of $3.28 in January to lows of $1.04 just about ten days ago, due  in part to an overall slump in crypto prices coupled with the FUD that followed...

Liquidity pools: What are they?

14 Oct 2021 2 minute read 3 comments Dzoelx

So, you just used a Dex for the first time…well probably not your first time but you just began to wonder how exactly this works. Unlike the rampant centralized exchanges, DeFi exchange platforms do not have buy walls and sell walls, yet exchange of...

Publish0x Integrates Fantom Network & Statera (STA) Token | Everything You Need to Know

16 Feb 2022 4 minute read 13 comments Zacharias

16 February 2022: Publish0x has announced that the platform is officially integrating the Fantom Network. This will occur initially through utilizing the Statera token (STA) for tipping. This will replace Harvest (FARM). This is a fantastic move for...

Fantom is Now Part of ChainPort’s Supported Blockchains for Boosted EVM Interoperability

26 Jan 2022 1 minute read 3 comments Melusine

By Maximiliano Stochyk Duarte EVM’s blockchains had a huge growth in 2021 and will continue their bullish trend with the high fees that ETH is presenting to its users, everyone is looking for alternatives to build on. At ChainPort, our main mission...

How a Fantom DeGen almost "crashed" the network

10 May 2022 1 minute read 0 comments Crypto_Lemon

Hi HODLers, Today, I will shine some light on an event that happened last week on the Fantom Blockchain. There are a lot of things to learn from it (the most important one is that leverage is evil). Source Who are we talking about? This Degen goes by...

Fantom DeFi #1 - Earning on Beethoven-X with Statera (wSTA)

8 Mar 2022 2 minute read 9 comments PVMihalache

Lots of questions about earning opportunities since Statera ($STA) was added as a tipping token on Publish0x. Fantom, Statera, Wrapped Statera and Beethoven-X are not DeFi not Mambo-Jumbo ... all those crypto terms are the best method to make your ha...